United States Department of Housing and Urban Development

Plumbing Manufacturers International Expresses Support for New Biden-Harris Actions to Convert High-Vacancy Commercial Buildings to Residential Use

Retrieved on: 
Thursday, November 2, 2023

Plumbing Manufacturers International today expressed its support for the Biden-Harris administration’s new actions to support the conversion of high-vacancy commercial buildings to residential use.

Key Points: 
  • Plumbing Manufacturers International today expressed its support for the Biden-Harris administration’s new actions to support the conversion of high-vacancy commercial buildings to residential use.
  • The actions will prioritize the creation of much-needed residential housing that is affordable, energy-efficient, greenhouse gas-reducing, and near transit and good jobs.
  • “Plumbing Manufacturers International’s member companies stand ready to contribute to the creation of these new residences,” said PMI CEO and Executive Director Kerry Stackpole.
  • A commercial to zero emissions housing toolkit from the Department of Energy’s Better Buildings Initiative that includes technical and financial guidance on how to achieve zero emissions commercial to residential conversions.

Oregon Selects ICF for New $23 Million Disaster Recovery Contract

Retrieved on: 
Tuesday, October 31, 2023

RESTON, Va., Oct. 31, 2023 /PRNewswire/ -- The Oregon Housing and Community Services Department recently awarded global consulting and technology services provider ICF (NASDAQ:ICFI) a new contract to provide technology-enabled disaster management and program implementation services to support wildfire recovery efforts. The contract has a value of $23 million and a term of 64 months, including a 16-month base and four one-year option periods.

Key Points: 
  • RESTON, Va., Oct. 31, 2023 /PRNewswire/ -- The Oregon Housing and Community Services Department recently awarded global consulting and technology services provider ICF (NASDAQ:ICFI) a new contract to provide technology-enabled disaster management and program implementation services to support wildfire recovery efforts.
  • The contract has a value of $23 million and a term of 64 months, including a 16-month base and four one-year option periods.
  • An established leader in disaster recovery, ICF has been on the ground for nearly every major natural disaster in recent U.S. history with a stellar track record for completing complex projects on time and without errors.
  • For decades, ICF has successfully supported recovery efforts in Puerto Rico, Louisiana, Texas, New Jersey, New York, Georgia and more.

Latin America Elevator and Escalator Market Size & Growth Forecast Report 2023-2029: Infrastructure Investments Due to Reduced Tax and Service Platform Authorization to Surge in New Installations - ResearchAndMarkets.com

Retrieved on: 
Monday, October 23, 2023

The "Latin America Elevator and Escalator Market - Size & Growth Forecast 2023-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Latin America Elevator and Escalator Market - Size & Growth Forecast 2023-2029" report has been added to ResearchAndMarkets.com's offering.
  • The Latin America elevator and escalator market is expected to grow at a CAGR of 3.51% from 2022-2029.
  • What is the number of installed bases in the Latin America elevator and escalator market in 2022?
  • Latin America Escalators Market Size and Forecast, Volume (Units in Thousand), 2020-2029
    Latin America Escalators Market Size and Forecast, Volume (Units), 2020-2029

Galectin Therapeutics Announces Nomination of Dr. Benjamin S. Carson, Sr. to Board of Directors

Retrieved on: 
Thursday, October 12, 2023

NORCROSS, Ga., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Galectin Therapeutics Inc. (NASDAQ: GALT), the leading developer of therapeutics that target galectin proteins, announced today that Dr. Benjamin S. Carson, Sr. has been nominated to serve on the company’s board of directors.

Key Points: 
  • NORCROSS, Ga., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Galectin Therapeutics Inc. (NASDAQ: GALT), the leading developer of therapeutics that target galectin proteins, announced today that Dr. Benjamin S. Carson, Sr. has been nominated to serve on the company’s board of directors.
  • Dr. Carson has served as a senior advisor to Galectin Therapeutics since 2021.
  • “We are honored Dr. Carson has accepted nomination as a candidate for Galectin’s board of directors.
  • I look forward to helping Galectin reach those milestones and beyond.”
    The election of the board of directors will take place at the upcoming annual stockholders meeting on December 7, 2023.

California REALTORS® provide additional funding for closing cost grants to underserved first-time homebuyers

Retrieved on: 
Monday, October 9, 2023

Housing Affordability Fund (HAF) will provide another $500,000 in closing cost assistance for eligible first-time California homebuyers from an underserved community, C.A.R.

Key Points: 
  • Housing Affordability Fund (HAF) will provide another $500,000 in closing cost assistance for eligible first-time California homebuyers from an underserved community, C.A.R.
  • 's Housing Affordability Fund's Pathway to Homeownership Closing Cost Assistance grant program has provided closing cost grants totaling $1.5 million for 156 first-time home buyer families from an underserved community throughout California.
  • 's HAF Pathway to Homeownership Closing Cost Assistance Grant Program helps bridge the housing affordability gap for first-time homebuyers* who are members of an underserved community** by providing up to $10,000 in closing cost assistance.
  • "The Closing Cost Assistance Grant is pivotal in aiding historically underserved families to secure affordable and sustainable homeownership.

National Institute of Building Sciences to Host Housing Affordability Hearing

Retrieved on: 
Wednesday, October 4, 2023

WASHINGTON, Oct. 4, 2023 /PRNewswire/ -- The National Institute of Building Sciences (NIBS) Consultative Council will hold a public hearing on November 6 at the National Press Club to discuss the state of housing affordability for middle- and working-class Americans.

Key Points: 
  • WASHINGTON, Oct. 4, 2023 /PRNewswire/ -- The National Institute of Building Sciences (NIBS) Consultative Council will hold a public hearing on November 6 at the National Press Club to discuss the state of housing affordability for middle- and working-class Americans.
  • "Housing affordability is a serious issue for many American families," said Stephen T. Ayers, FAIA, Interim CEO of NIBS.
  • Hearing speakers include officials with the U.S. Department of Energy, U.S. Department of Housing and Urban Development, Urban Institute, National Association of Home Builders, and the Joint Center for Housing Studies at Harvard University.
  • The day-long hearing will take place in three parts:
    Affordable housing generally is defined as housing where the occupant pays no more than 30 percent of gross income for housing costs, including utilities.

National Institute of Building Sciences and Fannie Mae Release Disaster Mitigation Roadmap

Retrieved on: 
Wednesday, September 20, 2023

WASHINGTON, Sept. 20, 2023 /PRNewswire/ -- The National Institute of Building Sciences and Fannie Mae have developed the Resilience Incentivization Roadmap 2.0 on mitigation investment to help people in America prepare for and respond to natural disasters.

Key Points: 
  • The Resilience Incentivization Roadmap was unveiled at NIBS' annual meeting in Washington, DC
    WASHINGTON, Sept. 20, 2023 /PRNewswire/ -- The National Institute of Building Sciences and Fannie Mae have developed the Resilience Incentivization Roadmap 2.0 on mitigation investment to help people in America prepare for and respond to natural disasters.
  • On a national average, natural hazard mitigation saves $4-$11 in avoided future losses for each $1 invested, as found by the NIBS Natural Hazard Mitigation Saves study.
  • "Climate resilience will be key to sustainable homeownership as the impacts of climate change increase," said Tim Judge, Head of Modeling & Chief Climate Officer with Fannie Mae.
  • The Resilience Incentivization Roadmap 2.0 recently was unveiled at the NIBS Building Innovation conference in Washington, DC.

The Cordish Companies and Power & Light District Celebrate Grand Opening of Iconic Three Light Luxury Apartments in Kansas City, MO

Retrieved on: 
Friday, September 15, 2023

KANSAS CITY, Mo., Sept. 15, 2023 /PRNewswire/ -- The Cordish Companies and Power & Light District are proud to announce the grand opening of Three Light Luxury Apartments in Kansas City, MO. Team members from The Cordish Companies and Power & Light District were joined by Mayor Quinton Lucas, City Manager Brian Platt, city officials and distinguished guests from the City of Kansas City, MO to celebrate the opening of the brand-new addition to Kansas City's skyline. Click here to download video and image files. 

Key Points: 
  • Team members from The Cordish Companies and Power & Light District were joined by Mayor Quinton Lucas, City Manager Brian Platt, city officials and distinguished guests from the City of Kansas City, MO to celebrate the opening of the brand-new addition to Kansas City's skyline.
  • A landmark tower of gleaming glass, Three Light joins its sister properties, One Light and Two Light – both 97% occupied, as the next phase of luxury living in the Power & Light District.
  • "Like its sister properties One Light and Two Light, Three Light is on par with any residential community in the country.
  • Since the opening of the nine-city block Power & Light District, which is celebrating its 15th anniversary this year, downtown Kansas City has garnered national attention for its urban renaissance.

Fannie Mae Reminds Homeowners, Renters, and Mortgage Servicers of Disaster Relief Options for Those Affected by Hurricane Idalia

Retrieved on: 
Friday, September 1, 2023

WASHINGTON, Sept. 1, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) is reminding homeowners and renters impacted by natural disasters, including Hurricane Idalia, of available mortgage assistance and disaster relief options.

Key Points: 
  • WASHINGTON, Sept. 1, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) is reminding homeowners and renters impacted by natural disasters, including Hurricane Idalia, of available mortgage assistance and disaster relief options.
  • Mortgage servicers are also reminded of options to assist homeowners under Fannie Mae's guidelines.
  • "The health and safety of those affected by Hurricane Idalia is our most urgent concern," said Cyndi Danko, Senior Vice President and Chief Credit Officer, Single-Family, Fannie Mae.
  • Homeowners and renters alike can learn more about disaster relief resources, including personalized support, by contacting Fannie Mae's free disaster recovery counseling services."

Forbright Bank Finances $6.4 Million Affordable Housing Project in Massachusetts

Retrieved on: 
Thursday, August 24, 2023

Forbright Bank, a nationwide full-service bank helping accelerate the transition to a sustainable economy, utilized its newly established Housing and Urban Development (HUD) Lending platform to provide a $6.4 million loan to Willow Apartments in Lynn, Massachusetts.

Key Points: 
  • Forbright Bank, a nationwide full-service bank helping accelerate the transition to a sustainable economy, utilized its newly established Housing and Urban Development (HUD) Lending platform to provide a $6.4 million loan to Willow Apartments in Lynn, Massachusetts.
  • It’s owned and managed by an affordable housing developer with decades of experience developing, owning, and managing projects in the New England region.
  • The project has 44 units, 43 of which are covered by a Project Based Section 8 Housing Assistance Payments Contract (HAP Contract).
  • Forbright Bank ( www.forbrightbank.com ), Member FDIC, Equal Housing Lender, is a full-service bank taking action to decarbonize the economy.