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$5 billion for 'green'
buildings,
an article from the
Rocky Mountain News,
reports that according to
a nonprofit building
management association and
the Clinton Climate
Initiative, they have lined
up $5 billion in financing
to provide one-stop shopping
to make commercial buildings
throughout the U.S. and the
world more energy
efficient. The Energy
Performance Contract Model
was unveiled by the Building
Owners and Manager
Association International at
its annual meeting at the
Colorado Convention Center.
BOMA and the Clinton Climate
Initiative have cut deals
with five banks that will
each make $1 billion in
loans available to retrofit
buildings with things such
as energy efficient
chillers, computerized
energy management systems,
and even solar and wind
power.
http://www.rockymountainnews.com/news/2008/jun/23/5-billion-for-green-buildings/
Realtors Enlist Nation’s
Mayors in Fight against
Foreclosure,
an article from
RISMedia.com,
reports that organizations
shared their insights with
mayors from across the
country as part of the U.S.
Conference of Mayors’ annual
meeting. The National
Association of Realtors
joined officials from the
Federal Housing
Administration, Mortgage
Bankers Association and
NeighborWorks America to
address the foreclosure
crisis and its impact on
American cities. NAR
President-elect Charles
McMillan said, “The recent
slowdown in the real estate
market has created
significant challenges for
America’s cities, for
mayors, and for Realtors.
Realtors build communities,
and we share a common
mission with our country’s
mayors - to support and
strengthen the communities
we serve.” NAR supports
modernizing FHA to help more
buyers obtain safe,
affordable financing and
provide upfront counseling
and support. McMillan
also urged attendees to
share challenges and best
practices and explore
creative ways to revise
existing programs to meet
the needs of today’s
homeowners and buyers.
http://rismedia.com/wp/2008-06-23/realtors-enlist-nations-mayors-in-fight-against-foreclosure/
Additional articles that you
may find of interest:
Plan to aid homeowners faces
key test
http://money.cnn.com/2008/06/24/real_estate/housing_rescue.ap/index.htm?postversion=2008062404
Love the home you're stuck
with
http://money.cnn.com/2008/06/19/real_estate/tips/home_with.moneymag/index.htm?postversion=2008062403
U.S. home prices fall in
April at record rate
http://www.msnbc.msn.com/id/25346624/
Fed expected to leave
interest rates unchanged
http://www.msnbc.msn.com/id/25332823/
U.S.-Backed Mortgage Program
Fuels Risks
http://online.wsj.com/article/SB121426681678998589.html?mod=RealEstateMain_1
Going Beyond the Credit
Score
http://www.realtor.org/RMODaily.nsf/pages/News2008062303
Survey Shows Consumers
Optimistic on Real Estate
http://rismedia.com/wp/2008-06-23/survey-shows-consumers-optimistic-on-real-estate/ |