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Can No Down Payment Mortgages Close the Homeownership Gap?

Pro Builder

Bank of America is offering zero down payment mortgages to first-time minority homebuyers in five U.S. This week, Bank of America announced that it will be offering zero down payment mortgages for first-time buyers in historically Black and Hispanic neighborhoods in five U.S. Financing. Fri, 09/02/2022 - 09:54.

Banking 52
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Will the New York Green Bank Spur Increased Energy-Efficiency Investing Outside of the State?

Construction Dive

What will be the nationwide impact, if any, of the New York Green Bank, a bank that opened for business earlier this month with a partial mission of stimulating private financing of energy-efficiency projects? ” Will it? Read more.'

Banking 48
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Green Building Bonds as a Game Changing New Source of Capital

Green Building Law Update

While bond financing can have higher transaction costs than oft used mortgage backed loans, even in large dollar amounts as in this instance, it is significant that there was strong market demand for these unsecured bonds that drove the lower interest rates. In November 2013, Bank of America issued the first ever U.S.

Green 120
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A Year in Record-Breaking Mortgage Rates

Pro Builder

America braces itself, as do lenders. Crucially, on March 23 Federal Reserve Chairman Jerome Powell announced the central bank would make “unlimited” MBS purchases, pushing the average 30-year fixed mortgage back down to 3.5% Financing. Prior to the national emergency issued on March 13 and the 1.8 Read More. .

Finance 52
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PACE Bill Due in Baltimore City

Green Building Law Update

PACE state enabling statutes generally authorize local governments to engage private sector lenders to provide upfront low interest financing to property owners for qualified projects (e.g., providing opportunities to separately finance the top 20% of a construction project or.),

Baltimore 120
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GRESB is Huge with $2.3 Trillion in Real Estate so Follow the Money

Green Building Law Update

As Dan Winters, Head of North America for GRESB, describes, “Companies who track the energy, water, and waste data within their asset holdings, who have engaged with rating systems like LEED over the years, and who exhibit strong internal governance practices tend to do very well on GRESB, and more easily differentiate from their peers.”.

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Tackling high-rise concrete construction challenges

GCP Applied Technologies

When it comes to supporting high-rise construction, concrete producers want to create mixes that are strong and workable, yet don’t break the bank. Optimizing mixes involves the convergence of what Mr. Wimberly likes to define as the Four F’s: fit, function, finish, and finance. Finance – What is the cost? Architects.

Concrete 125