Home Housing & Development
The U.S. Department of Housing and Urban Development (HUD) announced today that it has charged Bank of America, N.A., and two of its employees with violating the Fair Housing Act by discriminating against prospective Hispanic mortgage borrowers in Charleston, South Carolina.
Senator Tim Scott (R-SC), Chairman of the Banking Committee Subcommittee on Housing, Transportation, and Community Development, and Chairman Richard Shelby (R-AL), Chairman of the Committee on Banking, Housing, and Urban Affairs, are demanding Housing Secretary Julian Castro provide answers for the appalling conditions that persist at some of our nation's federally funded public housing properties
Following reports of the IRS seizing and refusing to return the assets of law-abiding, small business owners, U.S. Senators Tim Scott (R-SC) and Sherrod Brown (D-OH) introduced the bipartisan Restraining Excessive Seizure of Property through Exploitation of Civil Asset Forfeiture Tools (RESPECT) Act.
U.S. Senator Tim Scott (R-SC), chairman of the Senate Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development, announced that the subcommittee will hold a hearing Thursday, September 22nd, on the Department of Housing and Urban Development’s (HUD) inspections process at properties in Florida managed by Global Ministries Foundation (GMF). Bahamas Real Estate
The Senate has overwhelmingly passed the Housing Opportunity Through Modernization Act (HOTMA), a bill introduced by U.S. Senator Tim Scott (R-SC), Robert Menendez (D-NJ) and colleagues that focuses on instituting federal reforms that will improve families’ access to high-opportunity areas and quality of life while cutting overall program costs
South Carolina REALTORS® (SCR) today released its June housing market reports. The data show an up-tick in sales and prices for most areas, while the number of homes for sale and total months supply of inventory have been going down.
U.S. Senators Tim Scott (R-S.C.), Chair of the Senate Subcommittee on Housing, Transportation, and Community Development, Bob Menendez (D-N.J.), Ranking Member of the Senate Subcommittee on Housing, Transportation, and Community Development, Chris Coons (D-Del.) and Roy Blunt (R-Mo.) today introduced the Housing Opportunity Through Modernization Act (HOTMA), which would streamline and reform federal housing programs to expand affordable housing opportunities for low-income families in high-opportunity neighborhoods with lower crime and better schools, improve the quality of life for public housing residents, strengthen work incentives, reduce homelessness and cut red tape
The City of Charleston and homeless service providers have been working diligently for the past 60 days to assist individuals in tent city with alternative housing options, as the population of tent city has shrunk from 115 individuals to 43 as of March 28, 2016. The city has now arranged to provide transitional housing for all remaining residents of tent city, as more permanent housing solutions are sought
U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro today announced $157 million will be awarded to South Carolina communities for disaster recovery efforts following significant rainfall and flooding in October 2015. The funds will help to meet remaining unmet housing, economic development, and infrastructure needs that resulted from thousands of homes and small businesses being damaged or destroyed.
South Carolina REALTORS® (SCR) today released its 2015 annual market report. The data shows the real estate market in South Carolina experienced its best year since the end of the Great Recession in 2009
In October of 2015 South Carolina REALTORS® (SCR) in partnership with the National Association of REALTORS®, began offering assistance to South Carolina’s flood victims through the REALTORS® Relief Foundation (RRF). As of December 31st, the program has come to a close and the final numbers have been tallied.
South Carolina REALTORS® (SCR) today released its December 2015 real estate market reports. The data reveals that the South Carolina housing market wrapped up the year on a positive note, with increases in both closed sales and median sales price.
South Carolina REALTORS® (SCR) today released its November 2015 real estate market reports, showing that residential real estate experienced the best year for that month since the recession. The year is wrapping up to have the best national showing since 2006
Inventory shrank six percent to 37,453 units, however Prices moved higher as Median Sales Price was up almost eight percent to $174,460. Inventory was down throughout October by 17 percent to 6 months.
South Carolina REALTORS® (SCR) 2015 joint annual conference and expo with the North Carolina Association of REALTORS® (NCAR) at the Hilton Head Marriott Resort and Spa, September 12-15, 2015 drew more than 800 Realtors® across two states. The event, which marked the third time the states have partnered for annual conference, offered attendees an opportunity to network with colleagues across state lines.
New Listings were up 3.9 percent to 9,172 statewide. Pending Sales increased 3.2 percent to 5,991. Inventory shrank 5.8 percent to 39,091 units. Prices moved higher as Median Sales Price was up 6.0 percent to $174,900. Days on Market decreased 11.0 percent to 97 days, the twelfth consecutive month of year-over-year declines.
ENDOWMENT RELEASES COMPREHENSIVE REVIEWS ON FOREST INVESTMENT ZONES, CROWDFUNDING INITIATIVE, AND COMMUNITY ENERGY PROJECT
In an effort to build on its history of transparency and reflection, the U.S. Endowment for Forestry and Communities (the Endowment) today released three reports that “look back” on selected significant investments in its programmatic portfolio. Each report is designed to learn from previous successes—as well as missteps—by analyzing impacts, collecting stakeholder feedback, and reviewing lessons learned
Congressman Tom Rice (SC-07) today released the following statement praising the United States Supreme Court’s ruling against the Environmental Protection Agency’s costly power plant regulations
The House of Representatives today passed H.R. 2131, a bill to designate the Federal building and United States courthouse located at 83 Meeting Street in Charleston, South Carolina, as the "J. Waties Waring Judicial Center."
South Carolina REALTORS® (SCR) today released its May market data reports revealing a continuing hot season for real estate.