Studying the Affordability Crisis Across America

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Commentary from city leaders of Minnesota and New York said that all Americans should have access to homeownership, but “we are failing badly” at achieving this ideal, according to insight from City Lab. “In Brooklyn and Minneapolis, where we are city council members, skyrocketing prices push families out of the neighborhoods where they’ve lived for years,” the commentary said. “It’s impossible for young people to find a place to rent, much less own. Homelessness is at record levels, and in cities like Detroit, as many as one in five renters face eviction, part of a nationwide eviction epidemic.”The authors of the piece—Lisa Bender, President of the Minneapolis City Council and Brad Lander, Deputy leader for policy for the New York City Council—are members of Local Progress and last week began a three-day event in Durham, North Carolina, to address housing issues. Local Progress is a national network of “progressive elected officials” from cities and other local governments across the country. “Seventy years ago, the Housing Act of 1949 set the goal “of a decent home and a suitable living environment for every American,” but it has been decades since Washington was of any real help on affordable housing,” the authors wrote.The commentary adds that the removal of exclusionary zoning and building more housing is necessary to address the “imbalance of supply and demand,” but alone will  not solve for displacement and eviction. A report by the Los Angeles Times reveals that single-family zoning in California will soon be a thing of the past, as legislation is making it easier for homeowners to convert garages into residential spaces and freestanding homes. “We’re on the precipice of single-family zoning functionally not existing,” said Ben Metcalf, former Director of the state’s Department of Housing and Community Development.Durham, North Carolina, in September amended ordinances for higher density, “undoing decades-old vestigaes” of discrimination that have prevented African-Americans from owning homes. The ordinance, known as “Expanding Housing Choices,” amends zoning rules in areas near downtown to allow for higher density. City and county planners believe this could stabilize home prices as the market grows. Oregon’s HB 2001 went into effect on August 8, and mandates that cities with a population of more than or equal to 25,000 to allow middle-housing types on lots previously earmarked for the development of detached single-family housing.  Previous: Top Markets for Home-Flipping Investors Next: Residential Real Estate on “Shaky Ground” in Daily Dose, Featured, News Subscribe Demand Propels Home Prices Upward 2 days ago About Author: Mike Albanese Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago  Print This Post Housing Crisis Housing Market 2019 2019-10-14 Mike Albanese Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Share Savecenter_img Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Studying the Affordability Crisis Across America Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago October 14, 2019 990 Views Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Tagged with: Housing Crisis Housing Market 2019 The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Studying the Affordability Crisis Across Americalast_img read more

Group overwhelmed by business support in their search for David Coulhoun

first_img Twitter Man arrested on suspicion of drugs and criminal property offences in Derry Main Evening News, Sport and Obituaries Tuesday May 25th A group of volunteers who will travel to Donegal this month to search for missing Lifford man David Couloun, says they have been overwhelmed by the generosity of local businesses.It emerged at the weekend that over 30 members of  the ‘Searching for the Missing’ group will travel to the county to conduct a major new search for David.The 21 year old has been missing since May, it is feared he drowned in the River Foyle.Spokesperson for the group, Tosh Lavery, says they have had offers of accommodation and food from local business in support of their search: Gardai continue to investigate Kilmacrennan fire Further drop in people receiving PUP in Donegal WhatsApp RELATED ARTICLESMORE FROM AUTHOR 75 positive cases of Covid confirmed in North Group overwhelmed by business support in their search for David Coulhoun By News Highland – September 5, 2011 Google+center_img Pinterest WhatsApp Previous articleNew Finn Valley College opensNext articleDonegal County Council awarded extra money for Winter Roads Maintenance News Highland Facebook Facebook Newsx Adverts Twitter Pinterest 365 additional cases of Covid-19 in Republic Google+last_img read more

Wednesday people roundup

first_imgVeritas Asset Management – Ian Barnes, former head of UBS Asset Management for Ireland and the UK, has been appointed to the newly created position of chief executive of £12bn (€14bn) Veritas Asset Management. He will join in early 2017, becoming part of the managing partners board that already comprises Charles Richardson, Andy Headley, Ezra Sun and Richard Grant. Barnes had been head of asset management at UBS for UK and Ireland since 2012. Before that, he was at Russell Investments, where his initial role as senior investment consultant evolved into a focus on fiduciary management. Veritas Asset Management became a distinct limited liability partnership as part of a corporate reorganisation in 2012.Willis Towers Watson (WTW) – Alfred Gohdes, chief actuary for pensions consulting for the consultancy’s German business, will be retiring from WTW at the end of February 2017. A well-known figure in the industry, Gohdes has been at WTW and its predecessors for about 35 years.  Actuarial Association of Europe (AAE) – Kristoffer Bork has been elected chairman of the AAE for the year to September 2017. A Danish national, Bork was president of the Danish actuarial association, Den Danske Aktuarforening, from 2010 to 2016. Bork succeeds Philip Shier, who became the actuarial manager of the Society of Actuaries in Ireland after retiring from Aon Hewitt. Thomas Béhar was elected AAE vice-chair for the coming year. From France, Béhar is group chief actuary at insurer CNP Assurances. BlackRock – Alexandra Haggard joined as head of consultant relations for the EMEA. She is the former chief executive at Stamford and before that was a managing director at Russell Investments. She will manage BlackRock’s 30-strong EMEA consultant relations team. Haggard is also chair of the CFA UK Steering Committee 2017 Ethical Leadership Programme and a Steering Committee member of the CFA Diversity Project.Greater Manchester Pension Fund – Sandra Stewart has taken over from Peter Morris as executive director of pensions following the latter’s retirement. Stewart has been solicitor to the £17bn (€21bn) local authority fund for more than 15 years, and added the role of director of pensions to her role as executive director in charge of governance and resources. Morris retired after 40 years in local government in the UK. The changes were effective in May. Alternative Investment Management Association (AIMA) – Simon Lorne is taking over as chairman of the trade body, replacing former SEC commissioner Kathleen Casey. Lorne is vice-chairman and chief legal officer at Millennium Management. Lorne is a member of the new council, AIMA’s global board of directors, which also counts four new members: Robyn Grew, chief administrative officer and general counsel at Man Group; Han Ming Ho, partner at Sidley Austin; Ryan Taylor, partner and global head of compliance at Brevan Howard Asset Management; and Michael Weinberg, senior managing director and chief investment strategist at Protégé Partners.UK Pension Protection Fund (PPF) – The UK lifeboat fund’s operational due diligence manager, Kevin Eastwood, has been granted chartered status by the US Investment Management Due Diligence Association (IMDDA). He is said to be the first person outside the US to have done so. The IMDDA is the US professional body for individuals and companies that are tasked with due diligence in the investment management industry. Société Générale Securities Services – Massimiliano Notarianni has been appointed global head of sub-custody network management. Mathilde Guérin, whom he replaced, has become deputy head of product engineering. Notarianni was previously head of provider monitoring and change. Both are based in Paris. Russell Investments, Principal Global Investors, Liongate Capital Management, Cardano, Mercer, Veritas Asset Management, UBS Asset Management, Willis Towers Watson, Actuarial Association of Europe, BlackRock, Stamford, Greater Manchester Pension Fund, AIMA, Pension Protection Fund, Société Générale Securities ServicesRussell Investments – Pascal Duval, chief executive for the EMEA region, has resigned from the asset manager after two decades of service. A successor has not yet been appointed. Duval’s move comes after Russell Investments was sold to private equity firm TA Associates last year. Duval said: “Now that we have come through a period of ownership uncertainty and the firm is entering into a new and exciting phase of its evolution, the time is right for me to start a new personal chapter.” Principal Global Investors – Tim Stumpff has been appointed chief executive, replacing Nick Lyster, who has been appointed to the newly created role of global head of wealth advisory services. Stumpff joined Principal Financial Group in 200, and has most recently served as president of Liongate Capital Management. Lyster, who served as chief executive from 2006 to 2016, will be responsible for delivering Principal’s investment capabilities to global wealth management firms, with a focus on the Dublin-domiciled UCITS range of funds.Cardano – Pim van Diepen will join Cardano as director of business development as of 1 November 2016. He joins from Mercer, where he worked for 12 years, including as head of the ALM Netherlands team and was business leader of Mercer Retirement in the Netherlands. Van Diepen is a member of the Dutch Actuarial Association, participating in the risk management networking group. last_img read more