Monthly Archives: June 2015

Governor Greg Abbott today hosted a bill signing ceremony at Advanced Micro Devices (AMD) in Austin, TX where he ceremonially signed into law HB 32 (D. Bonnen, R-Angleton; Nelson, R-Flower Mound), which will permanently reduce the business franchise tax by 25 percent. Governor Abbott also highlighted several bills that he signed into law to reduce the property tax burden on homeowners, eliminate occupational licensing fees for more than 600,000 Texas professionals, and increase transparency to hold local taxing districts more accountable to voters

Laura Sweeney, agent with John Daugherty, Realtors, has closed the sale on a Remarkable one-of-a-kind residence designed by Preston Bolton, listed at $4,200,000. Situated on .75 acres in superb Tall Timbers location, this home has a unique floor plan that offers sizable entertaining spaces surrounding a grand three story Atrium. The upstairs master bedroom includes a private balcony and separate closets. Grounds offer towering trees, multiple terraces, swimming pool, spa, and expansive lawn, as well as a separate guest house with office and cabana

Congressman Lamar Smith (R-Texas) released the following statement today after voting to give Congress and the American people control over the president’s existing power to negotiate trade agreements

A Mobile Registration Intake Center (MRIC) has opened in Taylor, Texas, to serve homeowners, renters and business owners who sustained damage as a result of the ongoing severe storms and flooding

A Mobile Registration Intake Center (MRIC) has opened in Athens, Texas, to serve homeowners, renters and business owners who sustained damage as a result of the ongoing severe storms and flooding.

A Mobile Registration Intake Center (MRIC) has opened in Martindale, Texas, to serve homeowners, renters and business owners who sustained damage as a result of the ongoing severe storms and flooding

Homegrown fashion designer Jonathan Blake hosted a spectacular evening of fashion and fine dining to support local nonprofit Recipe for Success Foundation. John Daugherty, Realtors graciously opened its extraordinary Four Seasons Penthouse listing to host the swanky evening, themed “A Sky High Toast to Fashion,” for an intimate gathering of 30 guests.

The U.S. Commerce Department’s Economic Development Administration (EDA) today announced a $960,000 grant to the City of Hondo, Texas to create a workforce development center. According to grantee estimates, the project will create more than 100 jobs over the next 5 years and a robust pipeline of trained workers in growing fields.

Brennan Investment Group, LLC, a private real estate investment firm that acquires, develops, and operates industrial facilities, announced its purchase, and simultaneous leaseback to Arbor Metals, LLC (“Arbor”) located at 811 Regal Row in Dallas, Texas.

Two Mobile Registration Intake Centers (MRIC) have opened in San Marcos, Texas, to serve homeowners, renters and business owners who sustained damage as a result of the ongoing severe storms and flooding

The Women's Home, a long-term residential treatment facility founded in 1957, broke ground today on an 84-unit apartment complex that will include support services for women and children. The $15 million project, located at the corner of Jacquelyn Street and Hammerly Boulevard, received a $500,000 Affordable Housing Program (AHP) grant in 2014 from Amegy Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas). The funds will be used for construction costs

Austin Pathways, a nonprofit organization that supports Housing Authority of the City of Austin (HACA) programming, was recently awarded a grant from the Central Texas Summer STEM Funding Collaborative in partnership with Skillpoint Alliance, that will provide 125 families with an innovative summer science, technology, engineering and mathematics (STEM) pilot program for young people living in public housing.

Two public hearings will be held in June for the public to give the City of Midland input on proposed priorities for federal Housing and Urban Development funds, as well as an amendment to the City's Community Development Program.

Stream Realty Partners, a full-service national real estate investment, development and services company, has announced plans to develop a 150-unit, active adult, apartment community in San Antonio. The 55-plus living community is the first of its kind in San Antonio, offering a fully integrated lifestyle that will allow residents the opportunity to explore health and wellness initiatives, social activities and group service projects. Stream expects to commence on the project in early 2016

U.S. Rep. Blaine Luetkemeyer (R-MO), Chairman of the Housing and Insurance Subcommittee, and U.S. Rep. Randy Neugebauer (R-TX), Chairman of the Financial Institutions and Consumer Credit Subcommittee, today responded to the CFPB’s announcement letter regarding the Bureau’s TILA-RESPA Integrated Disclosure rule (TRID). In a March letter to Director Cordray, the congressmen encouraged the Bureau to implement a period of restrained enforcement to help ensure consumer confidence and stability in the nation’s housing market.

Dorothy Russell, 61, knows you can go home again. She grew up in a house on McNeill Street in Baptist Town and brought her firstborn home to that address. Eventually, economic conditions worsened in her east Greenwood community, and the home was torn down. Ms. Russell, who had worked part-time, moved into a rental home 28 years ago, never imagining that one day she would return to that lot in Baptist Town

Martha Vasguez, 61, a retired hairdresser, lives on a fixed monthly income after illness forced her to retire six years ago. Though her home is paid for, she does not have money left at month's end to pay for necessary repairs

On Monday, June 1, 2015, Congressman Al Green spoke at Minute Maid Park to applaud the City of Houston’s efforts to address veteran homelessness. He joined Houston Mayor Annise Parker; Julian Castro, Secretary of Housing and Urban Development; Bob McDonald, Secretary of Veterans Affairs; Thomas Perez, Secretary of Labor; Matthew Doherty, Director of the U.S. Interagency Council on Homelessness; as well as Reps. Gene Green and Sheila Jackson Lee

Stream Realty Partners, a national real estate services, development and investment firm, is finalizing the design phase on a 12-story, 271,000 square foot development.

Texans who sustained property damage as a result of the ongoing severe storms and flooding are urged to register with the Federal Emergency Management Agency (FEMA), as they may be eligible for federal and state disaster assistance.