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Increased demand for new housing in a specific geographic area can be an indicator of job growth and a prospering economy, while a halt in demand in new housing might signify an economic slowdown. Using data from the U.S. Census Bureau Building Permit Survey, researchers from Construction Coverage identified the metropolitan areas in the nation that are investing the most funds in new housing.
SB 826, known as the women on boards bill, narrowly cleared the California State Assembly with the minimum amount of votes required and then went on to clear the state Senate. The measure requiring corporate boards to include at least one woman by the end of 2019 and depending on the size of the company, up to three by the end of 2021 now sits on Governor Jerry Brown’s desk waiting to be approved or vetoed. Continue reading
Closing the gender pay gap is a battle with many fronts. One of those fronts, a recent study discovered, is at top U.S. universities. The study, conducted by BusinessStudent.com, a website for prospective business students, did not take into account cost of living by area, or field of study. Instead, it simply focused on graduates of 117 leading universities based on the U.S. News & World Report College Rankings for 2018 and data from the U.S. Department of Education.
On Tuesday, HUD issued a press release announcing its awarding of $98.5 million to 285 public housing authorities across the country. These housing vouchers are intended to provide permanent housing assistance to “non-elderly persons with disabilities” who are, according to HUD, either transitioning out of institutional or other separated settings, at serious risk of institutionalization or who are homeless or at risk of becoming homeless.
The press release emphasized that these are new vouchers, providing permanent housing to an additional 12,000 low-income disabled residents per year and that it meets the Americans with Disabilities Act goal by helping people with disabilities to live in an integrated setting.
They also provided a list of the PHAs in each state that have been awarded the vouchers and for which amounts.
View the original press release here.
Of the half a million people across America homeless at any given time, a quarter reside in California, with 55,000 in Los Angeles alone. Los Angeles’ Skid Row, 52 square blocks of blight, has the highest concentration of homeless in America.
Skid Row came about under unofficial policy of containment, but now thousands of homeless are spilling out into other areas in LA creating an even greater crisis.
Often in the industry, when we think of the forty-eight-year-old Government Sponsored Entity The Federal Home Loan Mortgage Corporation, otherwise known as Freddie Mac, we think: “I’d love to be an REO broker with them” or “I’d love to be in a vendor relationship with them.” However, as we discovered in our “Who is Freddie Mac Today?” presentation, the GSE is way more than meets the eye, staying on the young side of forty-eight with an eye toward innovation and staying current. Continue reading
Jasmine Willois, Founder of Note Assistance Program for our sheCall on Mortgage Notes, The New Investing Frontier.
From its title alone, you can tell this panel was a little different from the others. Wide-ranging in scope, yet narrow in its focus on issues that derail women from advancing in life, the conversations held on stage focused on topics people are sometimes uncomfortable talking about including sexual exploitation and poverty.
One of the reasons we selected Chicago for our 2018 Conference: Year of Women is despite pervasive issues of crime and poverty, many Chicago citizens care about and work to make a difference in their community. They push their city to do better by its less fortunate residents as it grows as a center of commerce, technology, and the arts.
This love many Chicagoans have for their city was manifested midair on a recent Southwest flight when a fellow passenger asked Chicago school teacher Kimber Bermudez about what she does for a living.
June is National Homeownership Month. This article is part of an ongoing series focusing on aspects of women’s homeownership.
“Despite the stereotypes that insist women care more about marriage than men do, it may actually be the single life that women embrace more than men,” says Professor Bella DePaulo, social scientist, author, and expert on elective single life, going on to say that unmarried women may be likelier than men to create a lifestyle around singledom.
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