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HUD grants to aid public housing upgrades
The capital fund program directed by the U.S. Department of Housing and Urban Development will steer nearly $12 million to public housing authorities in Western New York.
HUD announced Friday the allocations some 84 housing agencies in New York state totaling $321.47 million. The Buffalo Municipal Housing Authority is to receive just under $8.5 million.
Funding for other area public housing authorities:
? Niagara Falls, $1.24 million
? Lackawanna, $810,326
? Lockport, $444,528
? Olean, $423,476
? Dunkirk, $238,467
? Jamestown, $195,827
? Batavia, $186, 395
? Kenmore, $175, 418
HUD specifies that the money be used to build, renovate and/or modernize public housing in these communities...
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Housing authorities get $52 million
The U.S. Department of Housing and Urban Development awarded public housing authorities in Massachusetts $52.2 million in funding that will be used to make major improvements to their apartments.
These grants, which totaled nearly $1.8 billion nationwide, provided through HUD?s Capital Fund Program, provides annual funding to housing authorities to build or renovate public housing in their communities. This funding can be used to make large-scale improvements such as new roofs and to make energy-efficient upgrades to replace old plumbing and electrical systems, HUD said...
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$52 million to Mass. housing authorities
 The U.S. Department of Housing and Urban Development awarded public housing authorities in Massachusetts $52.2 million in funding that will be used to make major improvements to their apartments.
These grants, which totaled nearly $1.8 billion nationwide, provided through HUD?s Capital Fund Program, provides annual funding to housing authorities to build or renovate public housing. This funding can be used to make large-scale improvements such as new roofs and to make energy-efficient upgrades to replace old plumbing and electrical systems, HUD said...
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Washington housing inventory tight
The number of residential properties for sale in the Washington area in January was down more than 25 percent from a year ago, while the number of contracts signed to buy a house or condominium was up 4.6 percent, according to Metropolitan Regional Information Systems Inc., or MRIS.
The listing service's monthly RealEstate Business Intelligence report indicates the shortage of supply will continue to put upward pressure on pricing. There were 10,095 active listings in January, representing a three-month supply at the current sales pace, down 25...
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SLIDESHOW: A look at the Riverwalk development in Rock Hill
 After seven years of planning and in the middle of the nation?s worst housing recession, Riverwalk in Rock Hill sold its first five houses in the last 45 days.
To developers, the sales, coupled with interest for commercial and industrial sites in the $600 million mixed-use development, mean the community will fill up quickly, even in a still-cool economy.
Take a look at the development by clicking on the photos at the right.
To read more about Riverwalk, see the story, Rock Hill's Riverwalk making the sale, published in the Feb...
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HUD awards $434K to Dayton fair housing groups
The Department of Housing and Urban Development has awarded more than $434,000 to Dayton organizations to further the city?s Welcome Dayton initiative, educational workshops and other programs meant to stop unfair and discriminatory housing practices.
Part of $7.5 million in grants provided nationwide by the Fair Housing Assistance Program, funds will bolster five agencies in the region:
? Dayton Human Relations Council, which will help implement the Welcome Dayton plan that aims to make the city more immigrant friendly;
? Miami Valley Fair Housing Center, which plans to conduct workshops and training programs on fair housing and test for fair housing practices in on deaf and LGBT communities;
? Advocates for Basic Legal Equity and Legal Aid of Western Ohio, which will provide legal education and assistance related to fair housing for immigrants and refugees; and
? Wright State University Center for Urban and Public Affairs, which plans to coordinate efforts to break down segregation and stabilize minority neighborhoods through improved community policing operations...
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Under review: JBG's Wal-Mart-anchored, Fort Totten project
 The JBG Cos. has filed its large-tract review application for the company's Wal-Mart-anchored development in the District's Fort Totten area. With what it calls "one cohesive approach" to design, the developer expects that Fort Totten Square "will energize the neighborhood and signal a new vitality at the property."
That property, right now, is vacant.
The project is expected to include 350 apartments, 130,000 square feet of retail and 775 parking spaces on 4.62 acres at 300-320 Riggs Road NE. The four-story apartment building will sit above the one floor of retail...
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Jim Abdo bails on Logan Circle apartment project
 Developer Jim Abdo's lawyer says Abdo has withdrawn the zoning application for his planned 70-unit building in the empty space between 14th and 15th streets on Rhode Island Avenue NW, Washington City Paper reports.
Abdo's lawyer declined to give a reason for the reversal.
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$26B bank settlement good news for Washington-area homeowners
Under the settlement with Ally Financial Inc., Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co. and Wells Fargo & Co., billions of dollars in cash and loan write-downs will flow to distressed borrowers, to the signing states (all but Oklahoma) and the federal government.
Locally, Maryland is projected to receive $960 million, Virginia $479 million, including a $69.7 million direct payment to the state, and D.C. $40 million, including a $4.6 million payment to the District.
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Small developers may be excused from MoCo upgrades
Montgomery County planners are seeking to shift the burden for some road upgrades to the county to help small construction projects move forward more quickly, The Gazette reports. The effort would alter the county?s Policy Area Mobility Review tests, which require builders to pay for improvements to nearby roads if planners determine that the roads cannot accommodate additional traffic.
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