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MERCY LOAN FUND PARTNERS WITH CHESAPEAKE COMMUNITY ADVISORS AND TRINITY VILLAGE NON‐PROFIT HOUSING CORP....
Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) today announced that it has provided a loan to Chesapeake Community Advisors (CCA) and Trinity Village Non Profit Housing Corp. (Trinity) for the acquisition of Cedar River Tower, an 85-home community for seniors with low incomes in Waterloo, Iowa.
The number of homes sold in November were up 14.9 percent when compared to November’s totals last year according to the official Housing Trends Report from the Iowa Association of REALTORS® (IAR).
Home sales rose 7.5 percent in 2016 and home prices were up 7.0 percent when compared to September 2015. The number of homes sold in September rose 7.5 percent from last year. 3,853 homes were sold in September of this year, while 3,583 were sold during September 2015. This year’s numbers in real estate continue to show a strong and solid market in Iowa. The number of properties sold from January through September were 4.3 percent higher than the same period last year.
Grassley Joins Colleagues in Encouraging Obama Administration to Abandon Proposed Estate Tax Regulations
Led by U.S. Sens. John Thune (R-S.D.), a member of the tax-writing Senate Finance Committee, and Orrin Hatch (R-Utah), chairman of the Senate Finance Committee, 41 Senate Republicans today wrote to Treasury Secretary Jacob Lew encouraging the Treasury Department to abandon proposed regulations that would significantly increase the estate tax burden on family farms and businesses. The proposed regulations, if finalized, would contradict long-standing legal precedent and greatly discourage families from continuing to operate and grow their farms and businesses for eventual transfer to future generations.
Sen. Chuck Grassley today asked the Government Accountability Office to review whether the Department of Housing and Urban Development (HUD) is taking effective steps to comply with the federal law making fugitive felon status grounds for termination from living in public housing.
The Cedar Rapids Home Builders Association presented Sen. Chuck Grassley with the “Defender of Housing” award on behalf of the National Association of Home Builders (NAHB) for being a “forward-thinking federal legislator who recognizes housing’s significant role within the U.S. economy.”
Home sale prices rose almost 2 percent in July 2016 and homes sold were down 9 percent when compared to July 2015. According to the Housing Trends Report by Iowa Association of REALTORS®, the median sale price for July 2016 is $152,500 as compared to $150,000 in July of last year.
Gov. Terry E. Branstad announced today that he has appointed Camille Valley to the Iowa Property Assessment Appeal Board. Valley’s term on the Iowa Property Assessment Appeal Board begins Friday, August 26, 2016 and ends April 30, 2019. Valley, who resides in Johnston, will be eligible for a full six-year appointment in April 2019 at the conclusion of her partial appointment announced today
Sen. Chuck Grassley is asking the Department of Housing and Urban Development to explain its policies for allowing wanted fugitive felons to live in public housing after a report suggested the agency takes a weaker approach than federal law requires
Iowa Congressman David Young today announced the City of Des Moines will receive $8,000,000 in grant funding through U.S. Department of Transportation’s (US DOT) TIGER Grant Program.
Home sale prices rose 2 percent in June 2016 and homes sold were up 3.8 percent when compared to June 2015. According to the Housing Trends Report by Iowa Association of REALTORS®, the median sale price for June 2016 is $156,000 as compared to $153,000 in June of last year
According to the Housing Trends Report by Iowa Association of REALTORS®, home sale prices rose 5.6 percent in April 2016 and homes sold were up 5.3 percent when compared to April of last year. The median sale price for April 2016 was $142,500 as compared to $135,000 in April of last year. Price Comparison April 16
The Branstad, Reynolds Administration announced an innovative homeownership month campaign hosted by the Iowa Finance Authority, Iowa Association of REALTORS® and the Iowa Mortgage Association, at their regular weekly press conference. The 2,500 Bucks campaign encourages Iowa home buyers to visit IowaHouseHunt.com throughout the month of June to learn about all aspects of purchasing a home in Iowa, including a $2,500 down payment assistance grant and a chance to win $2,500.
Home Sale prices rose 4.2 percent in First Quarter of 2016 and homes sold were up 1.7 percent over this period compared to last year. According to the Housing Trends Report by Iowa Association of REALTORS®, the median sale price for the first quarter of 2016 was $135,500 as compared to $130,017 in the first quarter of 2015.
The Senate Appropriations Committee this week approved language championed by Sen. Chuck Grassley that will ensure transparency and promote accountability in public housing authorities’ use of more than $350 million in federal tax dollars. The Grassley language, which was incorporated into a committee report that accompanies an annual spending bill, will ensure that federal funds transferred to housing authorities will retain their federal designation and be subject to U.S. Department of Housing and Urban Development (HUD) oversight