Last week, HUD announced that it had reached a $12.1 million Fair Housing Act (FHA) settlement with the subsidiary of a bank to resolve allegations that the residential mortgage lender discriminated against African American and Hispanic borrowers seeking mortgage loans. HUD alleged that the minority borrowers were charged higher interest rates than were white borrowers, that the minority applicants were denied more often, and that minority borrowers were charged higher fees.
For the second time in two years, a negotiated settlement will prevent the U.S. Supreme Court from deciding the validity of disparate impact claims under the Federal Fair Housing Act.
Indiana Finance Authority Issues RFQ for the Indiana Portion of the Illiana Corridor Project and I-65 Added Capacity Project
The Indiana Finance Authority (“IFA”) issued its Request for Qualifications (“RFQ”) for an availability payments public private partnership for the financing, building and operating of the Indiana portion of the Illiana Corridor Project (the “Indiana Portion”) and I-65 Added Capacity Project (“I-65 Project” and collectively with the Indiana Portion, the “Project”) on November 12.
Serving on a community association board can be a thankless job. In addition to often being undervalued and underappreciated, on occasion, a board member is asked to resign. But what if he or she is unwilling? What is the process for removing an officer or director from serving for a community association?
The recent decision in Nationwide Mut. Fire Ins. Co. v. Advanced Cooling and Heating, Inc., 38 Fla. L. Weekly D2256a (Fla. 4th DCA 2013), gives us the opportunity to revisit a hotly contested issue in the construction industry: what triggers an insurer’s duty to defend under a post-1986 standard form commercial general liability insurance policy?
The Broward County Commission has approved a new way for home (and business) owners to fund energy saving retrofits. The County adopted the Property Assessed Clean Energy (PACE) program, which has been approved and utilized in many communities across the country. P
Economically Depressed Contaminated Properties Are Prime Candidates for Significant Real Property Tax Relief
While New Jersey is known as the Garden State, it is also regrettably fertile ground for contaminated properties as a result of its long history of industrial development. With over 20,000 contaminated sites, New Jersey is infamously ranked number one with the most Superfund sites in the nation.
Entrepreneurs in Miami and elsewhere are familiar with making and receiving loans as commonplace tools in the management of their businesses. One need look no further than the growth of Miami’s skyline through debt-financed development to understand how other people’s money can be leveraged to create new wealth for investors.
Retail landlords and tenants are heavily impacted by recent changes in liquor licensing forms generated by the Massachusetts Alcoholic Beverages Control Commission (ABCC) and increased background investigations related to license applications.
There is an increasing trend for the construction of private airport terminals and facilities at AFRICAN AIRPORTS. These constructions vary from the four-floor complex being constructed by Quits Aviation at the Lagos International Airport in NIGERIA to the modest VIP lounge established at the Lubumbashi Airport in the DEMOCRATIC REPUBLIC OF CONGO.