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Washington, DC – State governments have not filled the gap left by the federal government’s lagging commitment to decent housing for every American, and the problem is likely to get worse as rental markets become tighter and states find themselves in ever-more precarious fiscal conditions. These are the findings of two new reports from NLIHC. [...]

NEW YORK–(BUSINESS WIRE)–The Citi Foundation today announced it is providing funding to local community development organizations in 20 urban communities across the country to support innovative, physical development and rehabilitation projects – known as “place-based initiatives” – that champion the long-term or large scale revitalization of low- and moderate-income communities. The Citi Foundation is offering [...]

TAMPA, Fl-(TransWorldNews)-Molds are fungi that can be found both outdoors and indoors. They grow best in warm, damp and humid conditions. If you have damp or wet spots in your house, you will probably get mold. Mold can cause health problems. Inhaling or touching mold or mold spores may cause allergic reactions or asthma attacks [...]

NEW YORK–(BUSINESS WIRE)–The New York and Hartford offices of HFF (Holliday Fenoglio Fowler, L.P.) announced today that they have arranged a $94 million refinancing for Riverbank West, a 44-story luxury multifamily building in Manhattan. HFF senior managing directors Mike Tepedino, Dana Brome, Joe Morningstar and Andrew Scandalios worked on behalf of the borrower, advised by [...]

Perhaps the most significant operating cost for multifamily properties is the cost of utilities. However, there are strategies that can help reduce those expenses. From solar lighting to sub-metering, managers across the country are increasing revenue by lowering the bottom line. Many solutions do not include a huge capital investment and can be implemented quickly. [...]

Mayor Richard M. Daley today announced the city’s five-year plan which commits $2.1 billion in support of 50,022 units of affordable housing. “Especially in these difficult economic times, the market place simply cannot produce enough affordable housing to meet the needs of low-and-moderate-income individuals and families. Government has to play a role, and once again, [...]

WASHINGTON–(BUSINESS WIRE)–The Building Owners and Managers Association (BOMA) International and the Clinton Climate Initiative (CCI) are pleased to announce the development of the BOMA Energy Performance Contracting (BEPC) model, a pioneering model contract and supporting documents that allow building owners and operators to execute sophisticated energy efficiency retrofits to existing buildings. BOMA and CCI, in [...]

MEDFORD, Ore.–(BUSINESS WIRE)–Pacific Retirement Services, Inc. (PRS), a national leader in the senior living and health care industry (www.retirement.org), announced today that it is launching the Silverchair Learning Management System across its family of retirement communities in five states. Training began in September 2008 at PRS headquarters, seven affiliated Continuing Care Retirement Communities, and two [...]

PASADENA, Calif.–(BUSINESS WIRE)–Rain Bird, the leading manufacturer and provider of irrigation products and services, was awarded the Tournament of Roses Sweepstakes Trophy today in recognition of its 2009 Tournament of Roses Parade entry, Entertaining Expedition. Awarded to the float entry deemed the most beautiful by a panel of expert judges, the 2009 Sweepstakes Trophy win [...]

San Francisco claimed the top spot of Marcus & Millichap Research Services’ National Apartment Index for the second consecutive year. While the metropolitan area’s large concentration of professional and financial firms is expected to result in job cuts, it ranked close to the top in almost all of the other measurements used in the index.