Construction Activity - 02192014
HUD AND CENSUS BUREAU ANNOUNCE
NEW RESIDENTIAL CONSTRUCTION ACTIVITY IN JANUARY
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau today announced the following new residential construction statistics for January 2014:
Privately owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 937,000. This is 5.4 percent (±0.7%) below the revised December rate of 991,000, but is 2.4 percent (±1.0%) above the January 2013 estimate of 915,000. Single-family authorizations in January were at a rate of 602,000; this is 1.3 percent (±0.8%) below the revised December figure of 610,000. Authorizations of units in buildings with five units or more were at a rate of 309,000 in January.
Discriminatory Housing Ruling - HUD
HUD ISSUES RULE FORMALIZING STANDARD ON DISCRIMINATORY EFFECTS IN HOUSING
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) announced today that it is issuing a final rule to formalize the national standard for determining whether a housing practice violates the Fair Housing Act as the result of discriminatory effect.
“Through the issuance of this Rule, HUD is reaffirming its commitment to enforcing the Fair Housing Act in a consistent and uniform manner,” said HUD Secretary Shaun Donovan. “This will ensure the continued strength of one of the most important tools for exposing and ending housing discrimination.”
Since 1979, affordable housing organization Many Mansions has provided reliable housing and other on-site services to low-income residents of Ventura County, California and its surrounding communities.
While the company now manages more than 400 units of affordable housing and serves approximately 1,000 adults and 300 children in the community, it launched its first programs on a much smaller scale. The organization that would become Many Mansions began with members of a local church in the City of Thousand Oaks that helped other members of the congregation with financial support. With support from members of the Thousand Oaks City Council, the program eventually expanded into the organization now known as Many Mansions.
For years, HallKeen Management has successfully acquired, developed and managed affordable, conventional and mixed-income housing up and down the Atlantic coast. Now, the company is finishing up its $11 million Apartments at Ames Privilege development, a major rehab of a nineteenth century mill that was transformed into rental units about 30 years ago.
Celebrating its 30th anniversary this year, Enterprise is a national provider of development capital and knowledge that helps establish affordable housing and strengthen communities across the United States.
“When the company was founded 30 years ago, the design was to set up a social enterprise, which back then was not all that popular or even commonplace. It’s certainly becoming more popular today,” says Charlie Werhane, President and CEO of Enterprise Community Investment, Inc. “We were devised as an organization that would really have its own for-profit arm, in addition to a policy arm that focused on providing affordable housing to those most in need. We do believe that good, clean, affordable housing in good communities is really the bedrock for people moving up and out of poverty.”
Columbus Property Management (CPM) Housing Group was founded in 1988 with the expressed purpose of providing supported independent housing for adults living with chronic mental illness. Through new construction, rehabilitation and preservation projects, the organization has leveraged more than $125 million in funds to fuel an ongoing portfolio of distinguished projects.