Yearly Archives: 2015

The Texas Parks and Wildlife Commission today approved more than $7 million in competitive grant funds for 25 community parks all across the state. Funding will help local communities create and enhance outdoor recreational opportunities through projects like hike and bike trails, sensory gardens, BMX trails, dog parks, and fishing piers, just to name a few.

The U.S. Department of Housing and Urban Development’s Mortgagee Review Board (MRB) today announced settlement agreements with two Texas mortgage lenders following allegations they engaged in a scheme to charge bogus fees to consumers, which improperly inflated mortgages for borrowers purchasing newly constructed manufactured housing

The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce that, in partnership with its member financial institutions, it has awarded more than $7.6 million in Affordable Housing Program (AHP) grants to 30 projects, primarily within its five-state District.

The Mid-America Building (310 W. Illinois Ave.), Midland Executive Center (301 N. Colorado St.) and the previous County Courthouse located along Wall Street will be demolished one-at-a-time by contractor Lloyd D. Nabors Demolition LLC of Hutchins in the coming months. Demolition is scheduled to first begin on the Mid-America Building starting Aug. 10 and move to the adjacent Midland Executive Center the weekend of Aug. 21.

As important as it is to make home repairs as soon as possible following a natural disaster, it also is important to take some time to plan the project, consult with local officials and choose a contractor wisely

Science, Space, and Technology Committee Chairman Lamar Smith (R-Texas) today released the following statement after the president announced the EPA’s final rule to regulate emissions from U.S. power plants. The final rule goes a step further than drafts issued in 2013 and last summer, mandating power plants cut an average of 32 percent of their carbon dioxide emissions by 2030. The rule is estimated to cost Americans $8.4 billion annually, making it one of the most costly rules of all time

Texas home prices hit an all-time high in the second quarter of 2015, while home sales remained strong amid high demand, according to the 2015-Q2 Texas Quarterly Housing Report released today by the Texas Association of REALTORS

Rep. John Carter (R-TX-31) released the following statement in response to President Obama’s Clean Power Plan. “President Obama and his Environmental Protection Agency (EPA) are once again ignoring the law and the will of Congress by grasping for authorities well outside what the Clean Air Act provides. Congress, even a Democrat-controlled Congress, rejected ‘cap and trade’ and President Obama’s overreaching energy policies

U.S. Sen. Ted Cruz (R-Texas) tonight issued the following statement after S.1881, a bill to prohibit federal funding of Planned Parenthood, failed to reach the 60-vote threshold required for cloture

Two State/FEMA Disaster Recovery Centers (DRC) will open on Monday, Aug. 3 and Thursday, Aug. 6, at noon in Wharton County for homeowners, renters and business owners who sustained damage as a result of the severe storms, tornadoes and flooding from May 4 to June 22

A State/FEMA Disaster Recovery Center (DRC) will open on Monday, Aug. 3, at noon in Wise County for homeowners, renters and business owners who sustained damage as a result of the severe storms, tornadoes and flooding from May 4 to June 22.

The Federal Home Loan Bank of Dallas (Bank) today reported net income of $23.9 million for the quarter ended June 30, 2015. In comparison, for the quarter ended March 31, 2015, the Bank reported net income of $23.1 million. For the six months ended June 30, 2015, the Bank reported net income of $47.0 million

Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided bridge financing in the amount of $10.5 million to enable the acquisition and rehabilitation of Surrey Row Apartments, a multifamily property located in Dallas, Texas. The loan represents 80% of costs.

As Texans rebuild or repair their homes damaged by the May 4 through June 22 storms, the Federal Emergency Management Agency and local home improvement stores have teamed up to provide free information, tips and literature on making homes stronger and safer.

U.S. Sen. John Cornyn (R-TX) joined Congressman Will Hurd (R-TX), Chairman Michael McCaul (R-TX), and Congressman Henry Cuellar (D-TX) in efforts to give states more flexibility in how they use federal transportation funds, allowing them to invest more into border infrastructure. Reps. Hurd, McCaul, and Cuellar introduced H.R. 3181 in the House, and Sen. Cornyn worked to include similar language in the long-term highway bill currently pending before the Senate.

A State/FEMA Disaster Recovery Center (DRC) in Wimberley (Hays County) will relocate on Thursday, July 30 for homeowners, renters and business owners who sustained damage from the severe storms, tornadoes and flooding from May 4 to June 22.

TDHCA has helped finance the development of more than 2,000 affordable rental properties providing safe, decent housing to income eligible individuals, families and seniors across the state. If it weren’t for these rental properties, many of Texas households would have severely limited choices regarding where they live

Reservoirs across Texas may be filling up, but the scars of the historic multiyear drought are still present across the state. Through the Disaster Relief Fund (DRF), the Texas Department of Agriculture is helping communities recover from the natural disasters. Agriculture Commissioner Sid Miller announced the Texas Department of Agriculture (TDA) has awarded $103,094 to Real County for local water system infrastructure improvements.

CBRE Capital Markets’ Debt & Structured Finance team has arranged $111 million in refinancing for a 1,254-unit, three-property multifamily portfolio in Houston, Texas.

The Federal Emergency Management Agency provides two main types of assistance following natural disasters, such as the Texas storms, tornadoes, straight-line winds and flooding that occurred May 4 through June 19.