HUD

Regions Bank Names Katie Such as head of Affordable Housing as Rob Chiles Announces Retirement

Retrieved on: 
Wednesday, March 27, 2024
Residential Building & Real Estate, Banking, Construction & Property, Professional Services, University, Real estate, PNC Financial Services, Bachelor of Arts, Business administration, Bank, Regions Financial Corporation, Distribution, Such, Housing, Investment, Region, Home Forward, Multimedia, LIHTC, Portland State University, HUD, Fannie Mae

Regions Bank on Wednesday announced experienced financial services leader Katie Such has been elevated to serve as head of Regions Affordable Housing .

Key Points: 
  • Regions Bank on Wednesday announced experienced financial services leader Katie Such has been elevated to serve as head of Regions Affordable Housing .
  • View the full release here: https://www.businesswire.com/news/home/20240327719034/en/
    Regions Bank is announcing experienced financial services leader Katie Such has been elevated to serve as head of Regions Affordable Housing.
  • (Photo: Business Wire)
    Mike Smith, head of Real Estate Banking for Regions, said the appointment of Such reflects Regions’ continued dedication to supporting affordable housing opportunities.
  • The result is helping connect more people with more high-quality housing options.”
    Regions Affordable Housing LLC is a national low-income housing tax credit (LIHTC) investor, syndication firm and leader in affordable housing.

Bart M. Schwartz Completes 5-year Monitorship Over New York City Public Housing Authority

Retrieved on: 
Wednesday, March 20, 2024
Technology, Consulting, Professional Services, Security, Culture, Government, Agreement, Paint, Public housing, Law enforcement, Ethics, SDNY, Elevator, NYCHA, Housing, HUD, General Motors

Guidepost Solutions , a global leader in domestic and international investigations, compliance solutions, monitoring, and security and technology consulting, today announced that Bart M. Schwartz , Guidepost Solutions Chairman, released the “ Monitor’s Final Quarterly Report for The New York City Housing Authority ” (NYCHA).

Key Points: 
  • Guidepost Solutions , a global leader in domestic and international investigations, compliance solutions, monitoring, and security and technology consulting, today announced that Bart M. Schwartz , Guidepost Solutions Chairman, released the “ Monitor’s Final Quarterly Report for The New York City Housing Authority ” (NYCHA).
  • It outlines three areas - governance, ethics with values-based compliance, and accountability - that require improvement and provides recommendations for how that can be done.
  • “NYCHA now has the foundation and the opportunity to become a well-run and respected authority that meets the requirements of the Agreement and better serves the interests of the residents,” said Schwartz.
  • Trash is picked up 6 days a week at all developments and the grounds of most developments are noticeably cleaner.

Dwight & Co Affiliate Expands Healthcare Team and Capital Solutions

Retrieved on: 
Tuesday, March 12, 2024
Commercial Building & Real Estate, Construction & Property, Finance, Banking, Professional Services, Urban Planning, Other Construction & Property, Residential Building & Real Estate, Health economics, Data analysis, FDIC, Housing, Investment, Nursing, HUD, Management

Dwight & Co has expanded its Seniors Housing and Healthcare financing solutions by successfully launching working capital revolving lines of credit (revolvers), investing in new technology, and broadening the depth of its healthcare team.

Key Points: 
  • Dwight & Co has expanded its Seniors Housing and Healthcare financing solutions by successfully launching working capital revolving lines of credit (revolvers), investing in new technology, and broadening the depth of its healthcare team.
  • Revolvers integrate seamlessly into Dwight's existing bridge, mezzanine, and HUD healthcare lending platform, establishing an efficient, comprehensive suite of financial solutions for healthcare operators.
  • “Dwight is affirming its long-term positive outlook on the Seniors Housing industry with key investments in leadership, technology, and complementary lending solutions for years to come,” said Adam Sasouness , CEO of Dwight Capital .
  • The healthcare team diligently re-conceptualized the relationship healthcare owners and operators have with their capital partner(s).

Walker & Dunlop Originates $65 Million in HUD Loans for Seven Skilled Nursing Communities

Retrieved on: 
Tuesday, March 12, 2024
Mental Health, Commercial Building & Real Estate, Nursing, Construction & Property, Seniors, Hospitals, Neurology, Physical Therapy, Consumer, Health, Walker & Dunlop, Partnership, Acquisition, MAP, Housing, HUD, Financial services

Walker & Dunlop arranged a 241(a)- NC addition HUD loan, which finances repairs for properties with an existing HUD loan.

Key Points: 
  • Walker & Dunlop arranged a 241(a)- NC addition HUD loan, which finances repairs for properties with an existing HUD loan.
  • Walker & Dunlop arranged a 232/223(f) HUD loan that replaced commercial bank bridge financing for the 29-unit, two-asset portfolio acquisition.
  • Walker & Dunlop arranged a 232/223(f) HUD loan that replaced commercial debt and funded capital improvements for the 29-unit community.
  • Walker & Dunlop arranged a 232/223(f) HUD loan that replaced commercial bank bridge financing for the 50-unit, two-asset portfolio acquisition.

Vuzix Receives New Additional Orders from Two Aerospace Defense Firms to Further Develop Their Waveguide-based Display Solutions

Retrieved on: 
Thursday, April 4, 2024
Augmented reality, HD, Smartglasses, HUD, HMD

The first, a new order from a global Tier-1 aerospace and defense firm, involves the development of new head mounted display (HMD) technology for military aircraft.

Key Points: 
  • The first, a new order from a global Tier-1 aerospace and defense firm, involves the development of new head mounted display (HMD) technology for military aircraft.
  • The customized HMD waveguide and HD display engine development program with this customer has continued to expand and move toward eventual production.
  • This order was received from a US-based company that is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry.
  • "We continue to design and further develop next generation waveguide-based display solutions for these large aerospace and defense players as they pursue multiple production opportunities," said Paul Travers, President and CEO of Vuzix.

Announcing the HUD-Held Vacant Loan Sale 2024-2 ("HVLS 2024-2")

Retrieved on: 
Wednesday, April 3, 2024
HECM, Government, HUD, Housing, Sale, HVLS

WASHINGTON, April 3, 2024 /PRNewswire/ -- The U.S. Department of Housing and Urban Development ("HUD") has announced HUD-Held Vacant Loan Sale ("HVLS 2024-2"):

Key Points: 
  • WASHINGTON, April 3, 2024 /PRNewswire/ -- The U.S. Department of Housing and Urban Development ("HUD") has announced HUD-Held Vacant Loan Sale ("HVLS 2024-2"):
    On May 7, 2024, HUD will offer multiple residential mortgage loans consisting of approximately 1,265 notes and updated loan balance of approximately $346 million.
  • The sale will consist of due and payable HUD-Held loans.
  • The loans are first liens secured by home equity conversion mortgages (HECM's) securing 1- to 4-unit, vacant residential properties where all borrowers and any non-borrowing spouses are deceased.
  • Eligible Bidder types for the HVLS 2024-2 loan sale auction are non-profits, non-profit joint ventures, non-profit instrumentalities of government, governmental entities or instrumentalities of government, governmental entity joint ventures, or for-profits.

ABLE National Resource Center Launches 2024 #ABLEtoSave Campaign

Retrieved on: 
Monday, April 1, 2024
Social Security Disability Insurance, Friends, Growth, Supplement, SSDI, National Resource Center, NRC, NAST, Food, Quality of life, SNAP, Social, Housing, Medicaid, Disability, ABLE, National Association, SSI, HUD, Nursing

WASHINGTON, April 1, 2024 /PRNewswire/ -- The ABLE National Resource Center (ABLE NRC) announced today the launch of its 2024 #ABLEtoSave campaign. #ABLEtoSave is a month-long grassroots education and informational campaign about Achieving a Better Life Experience (ABLE) accounts. The goal of #ABLEtoSave is to increase public awareness on the benefits of tax-advantaged ABLE savings and investment accounts to increase the financial well-being of people with disabilities. The ABLE National Resource Center is founded and managed by National Disability Institute.

Key Points: 
  • WASHINGTON, April 1, 2024 /PRNewswire/ -- The ABLE National Resource Center (ABLE NRC) announced today the launch of its 2024 #ABLEtoSave campaign.
  • #ABLEtoSave is a month-long grassroots education and informational campaign about Achieving a Better Life Experience (ABLE) accounts.
  • The ABLE National Resource Center is founded and managed by National Disability Institute .
  • The campaign has widespread participation from ABLE programs, including the National Association of State Treasurers (NAST), as well as major national disability groups, financial institutions and other stakeholders.

Hyundai Reveals Smarter, More Capable 2025 Tucson SUV at New York International Auto Show

Retrieved on: 
Wednesday, March 27, 2024
XRT, Temperature, Friends, EV, Ultra-wideband, OTA, Bluetooth Low Energy, International Auto Show, Humanity, Digital, SUV, Peter Hancock (professor), LTE, Snow, Gasoline, Acceleration, Hyundai Motor America, Humidity, Hyundai Motor Company, AWD, Wi-Fi, N Line, ECU, HVAC, AC, Radio, Safety, Torque, FAW, Pet, Multimedia, Family, HUD, Android, PHEV, Weather

Innovative new convenience and safety features, including Baby Mode

Key Points: 
  • Innovative new convenience and safety features, including Baby Mode
    NEW YORK, March 27, 2024 /PRNewswire/ -- Hyundai today unveiled its thoroughly refreshed 2025 Tucson SUV in a North American reveal at the New York International Auto Show.
  • 2025 Tucson 2.5L models will arrive at U.S. dealerships in June, while 1.6L turbo hybrid and plug-in hybrid models will be available late summer.
  • The 2025 Tucson presents an evocative, bold appearance with 'Parametric Dynamics' design language and kinetic, jewel-like surface detailing that ensures its distinct identity in today's crowded SUV marketplace.
  • For 2025, Wireless Android Auto™ and Apple CarPlay® integration are now standard on all Tucson models.

The National Association of Mortgage Brokers Hosts 33rd Annual Legislative & Regulatory Conference

Retrieved on: 
Tuesday, March 26, 2024
Second Continental Congress, Congress, Conference, FHFA, UnidosUS, National Housing Conference, National Association, Capitol, Freddie Mac, Mortgage broker, HUD, Real estate

WASHINGTON, March 26, 2024 /PRNewswire-PRWeb/ -- The National Association of Mortgage Brokers (NAMB), the first and only membership-led and volunteer-driven organization representing the interests of mortgage brokers and home buyers since 1973, is pleased to invite its members and all mortgage professionals to attend its 33rd annual Legislative & Regulatory Conference in Washington D.C. April 15-17, 2024.

Key Points: 
  • Only volunteer-driven, national organization representing mortgage brokers to host members of the U.S. Congress, FHFA, HUD and additional national thought leaders
    WASHINGTON, March 26, 2024 /PRNewswire-PRWeb/ -- The National Association of Mortgage Brokers ( NAMB ), the first and only membership-led and volunteer-driven organization representing the interests of mortgage brokers and home buyers since 1973, is pleased to invite its members and all mortgage professionals to attend its 33rd annual Legislative & Regulatory Conference in Washington D.C. April 15-17, 2024.
  • "One of the many ways NAMB has delivered value to its members and the marketplace for 50 years is through its critical legislative & regulatory efforts.
  • To register for NAMB's Legislative & Regulatory Conference, please follow this link .
  • Conference attendees will hear directly from many lawmakers and regulatory leaders during the event including:

New Houston Housing Authority Board Charts Tailored Vision for Affordable Housing Solutions

Retrieved on: 
Thursday, March 21, 2024
Homelessness, Housing, HHA, HUD, Communication, Hope, Renewable energy

HOUSTON, March 21, 2024 /PRNewswire/ -- The newly installed board of the Houston Housing Authority (HHA) convened its inaugural meeting on March 19, marking a renewed commitment to expanding affordable housing options tailored to meet the diverse needs of Houstonians.

Key Points: 
  • HOUSTON, March 21, 2024 /PRNewswire/ -- The newly installed board of the Houston Housing Authority (HHA) convened its inaugural meeting on March 19, marking a renewed commitment to expanding affordable housing options tailored to meet the diverse needs of Houstonians.
  • With a shared vision of increasing access to quality housing solutions, the board members bring a wealth of expertise and a genuine dedication to positive change through transparency and community engagement.
  • The board quickly took action, approving the creation of more than 2,200 affordable housing units – a critical step toward addressing the city's housing needs.
  • Through data-driven insights and community outreach, HHA aims to enhance its delivery of tailored affordable housing solutions and support for vulnerable populations.