h digitalfootprint web 728x90

Real Estate and Development

DSC 6869

Agencies partner to offer low-rate housing bonds

The Iowa Finance Authority and Federal Home Loan Bank of Des Moines today announced a partnership that will make up to $50 million in variable rate index bonds available for low-interest permanent financing to qualified …

DSC 6869

Cownie pushes for CDBG funding

Des Moines Mayor Frank Cownie is part of a delegation of mayors on Capitol Hill Wednesday to press the U.S. Senate for continued funding of the Community Development Block Grant (CDBG) program. Cownie is part of …

DSC 6869

Architects unveil database to match investors with stalled projects

The American Institute of Architects (AIA) has launched an online database where developers, architects and investors can attempt to revive projects that have stalled due to lack of financing. The AIA-designed database is at www.aia.org/stalledprojects. …

DSC 6869

Two Iowa cities on list of improving housing markets

Davenport has joined Waterloo on a list of improving housing markets maintained by the National Association of Home Builders. The list increased to 30 this month from 23. The National Association of Home Builders/First American …

DSC 6869

Housing trust projects resulted in affordable housing

The Polk County Housing Trust Fund said in a news release that investments of $1.5 million resulted in $15.5 million in projects to create and retain 746 units of affordable housing in the county. For …

DSC 6869

Distressed sales hit home prices in Greater Des Moines, nation

Home prices, including distressed sales, declined by 2 percent in September from the same time last year in Greater Des Moines, according to real estate research firm CoreLogic Inc. Excluding distressed sales, year-over-year prices declined …

DSC 6869

Now that’s global

Principal Global Investors LLC said today that it has opened an office in Dubai and appointed a managing director. The move allows Principal Global Investors to serve institutional investors, pension plan sponsors and sovereign wealth …

DSC 6869

Is there a fix for that?

Is there a fix for that? Midwesterners are remodeling their way through the economic recovery, according to a report today from the National Association of Home Builders. The association’s remodeling market index increased to 46.8…
DSC 6869

Property tax rollbacks updated

Property tax rollbacks updated Today the Iowa Department of Revenue issued an Assessment Limitations Order, or “rollback,” on property values in Iowa. The order adjusts the property values used by local governments to compute property…
DSC 6869

Feds announce aid for underwater homeowners

The Federal Housing Finance Agency (FHFA) said today it will alter a government refinancing program in an effort that could help up to 1 million homeowners who are underwater on their mortgages, Reuters said.

The …