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Hunt Mortgage Group Closes First Bridge Healthcare Deal

Hunt Mortgage Group, a commercial real estate lender, announced today it has closed its first loan in the healthcare sector through its Proprietary Loan Group, the firm’s new balance sheet lending platform launched earlier this year

TDHCA to the rent rescue

One unfortunate trait shared by many rural Texas communities is a shortage of safe, decent rental housing. Because of this short supply, it can be extremely difficult – not to mention expensive – to secure such housing

AHP Grant to Help Men’s Center Build New Housing Complex in Houston

The Federal Home Loan Bank of Dallas (FHLB Dallas) and member institution, Amegy Bank, have awarded a $500,000 Affordable Housing Program (AHP) grant to The Men's Center Inc. The grant will help the Houston-based nonprofit build a $12.2 million, 56-unit housing complex for men and women ages 18 and older who are recovering from substance abuse and other crisis situations.

Texas Environmental Quality Chair Joins Smith in Criticizing EPA Power Plan

Science, Space, and Technology Committee Chairman Lamar Smith (R-Texas) today welcomed Texas Commission on Environmental Quality Chairman Dr. Bryan Shaw, who testified before a Subcommittee on Environment hearing to examine the impacts of the Environmental Protection Agency’s power plan regulation. The plan would require Texas to shoulder the burden of at least 18 percent of the total national emissions reduction.

Preliminary Flood Maps in Willacy County and Cameron County in Texas Ready for Public...

Homeowners, renters and business owners in Willacy County and Cameron County in Texas are encouraged to look over newly-released preliminary flood maps in order to determine their flood risks and make informed decisions.

Texas District Court Affirms MERS’ Right to Notice

MERSCORP Holdings, Inc. today announced that Collin County District Court in Texas granted a motion for summary judgment in MERS’ favor reinstating the MERS lien on the property, which the Court found to be “in full force and effect.”

International homebuyers add $8.32 billion to Texas economy from 2014 to 2015

Texas home sales purchased by international homebuyers contributed $8.32 billion to the Texas economy between April 2014 and March 2015, according to the 2015 Texas International Homebuyers Report released today by the Texas Association of REALTORS

Commissioner Miller Applauds Decision by Federal Judge to Halt Water Rule

Texas Agriculture Commissioner Sid Miller today applauded a federal court’s decision to block the expansion of the Clean Water Act by the Environmental Protection Agency (EPA). The new Clean Water Act requirements took effect today. The injunction out of North Dakota impacts the 13 states that were part of the lawsuit filed in North Dakota in June 2015.

U.S. and Mexican Officials Celebrate the Inauguration of the West Rail Bypass International Bridge...

U.S. Secretary of Commerce Penny Pritzker and Mexican Secretary of Finance and Public Credit Luis Videgaray Caso, Secretary of Communications and Transport Gerardo Ruiz Esparza, Secretary of Foreign Affairs José Antonio Meade Kuribreña, and U.S. Customs and Border Protection Commissioner R. Gil Kerlikowske inaugurated the West Rail Bypass International Bridge in Brownsville, Texas. The bridge is the first new international rail crossing between the U.S. and Mexico in 105 years, connecting Brownsville, Texas and Matamoros, Tamaulipas.

PASSCO COMPANIES ACQUIRES RECENTLY DEVELOPED 304-UNIT CLASS-A MULTIFAMILY COMMUNITY IN AUSTIN

Passco Companies, LLC has acquired Lone Oak Apartments, a recently completed 304-unit, Class-A garden-style multifamily community located in Round Rock, Texas, a suburb of Austin, according to Gary Goodman, Senior Vice President Acquisitions of Passco Companies.

FEMA Advisors at Texas Home Improvement Stores Help Survivors Prevent Damage from Future Storms

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

Randy’s Roundup: Back Home in Texas

I’m thrilled to be home in Texas this week! I will be attending some great events and meetings with folks across the district. I will be in Lubbock meeting with homeschoolers from the Texas Home Educators Organization. It’s always great to meet with our youth and future leaders. I will also attend the Lubbock Area Republican Women Luncheon. I’m looking forward to meeting with our local credit unions to discuss the economy and what I am doing to bring regulatory relief to our community financial institutions.

The Altman Companies Breaks Ground on Altís Lakeline

The Altman Companies, a nationally recognized developer of luxury apartment communities, has broken ground on its first development in Austin, Texas. Located at 12700 Ridgeline Blvd., the 354-unit Altís Lakeline is rich with features and amenities.

City identifies areas for improvement in fair housing choice in Midland

As a recipient of Community Development Block Grant funds, the City is required by the U.S. Department of Housing and Urban Development to identify the various factors that may affect fair housing choice in Midland and to develop an action plan to overcome them. The AI resulted in the identification of six major impediments to address in the next five years

$7.6 Million in Local Park Grants Awarded to Texas Communities

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.

HUD’s MORTGAGEE REVIEW BOARD TAKES ACTION AGAINST TWO TEXAS LENDERS

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

Federal Home Loan Bank of Dallas Awards More Than $7.6 Million in Affordable 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.

Downtown demolition to begin week of Aug. 10

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.

Making Repairs and Rebuilding Wisely Following Texas Storm Damage

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

Smith Statement on EPA Power Plant Regulation

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

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Should You Repair or Replace Your Roof in Sugar Land

Should You Repair or Replace Your Roof in Sugar Land?

If you've noticed water stains, missing shingles, or a leaky ceiling, you might wonder whether repairs will suffice or if a full roof replacement is necessary. This guide will help homeowners in Sugar Land determine