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Ohio GOP Lawmakers Offer Property Tax Cap as Constitutional Amendment

Ohio GOP Lawmakers Offer Property Tax Cap as Constitutional Amendment

by Phil Hall | Jun 4, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two Republican lawmakers in the Ohio legislature are proposing a constitutional amendment designed to cap property tax increases. According to the Columbus Dispatch, Reps. Beth Lear and Scott Wiggam proposed the amendment that would limit property tax increases to the...
Massachusetts Lawmakers Drop Governor’s ‘Mansion Tax’ Proposal from Budget Bill

Massachusetts Lawmakers Drop Governor’s ‘Mansion Tax’ Proposal from Budget Bill

by Phil Hall | Jun 4, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Democrat-controlled Massachusetts House of Representatives has dropped Gov. Maura Healey’s “mansion tax” proposal from the housing bond bill that will be voted on this week. The State House News Service reported the $4.1 billion housing bond bill moved by the...
James Noel Named President of Development at The Franklin Johnston Group

James Noel Named President of Development at The Franklin Johnston Group

by Phil Hall | Jun 4, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Franklin Johnston Group (TFJG), a multifamily development and property management firm headquartered in Virginia Beach, Virginia, announced the promotion of James Noel to president of development. Noel joined TFJG in 2017 as senior vice president and general...
NYC Reopens Section 8 Housing Wait List After 15-Year Closure

NYC Reopens Section 8 Housing Wait List After 15-Year Closure

by Phil Hall | Jun 3, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The New York City Housing Authority (NYCHA) is reopening the wait list for Section 8 housing applications for the first time in nearly 15 years. According to WABC News, applications for NYCHA’s Housing Choice Voucher program will be open starting at midnight on...
Lowe’s Launches In-Store Kitchen Design Pilot with Apple Vision Pro

Lowe’s Launches In-Store Kitchen Design Pilot with Apple Vision Pro

by Phil Hall | Jun 3, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Lowe’s Companies Inc. (NYSE: LOW) announced it will begin testing an in-store Apple Vision Pro-powered experience for customers seeking kitchen designs. In a pilot launching later this, customers of the home supply retailer can try Lowe’s Style Studio for...
National Apartment Association Pushes Back on Biden’s Remarks About Rental Housing

National Apartment Association Pushes Back on Biden’s Remarks About Rental Housing

by Phil Hall | Jun 3, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Apartment Association (NAA) has taken President Biden to task for his recent remarks regarding the state of rental housing. During his State of the Union speech in March, Biden boasted that his administration was working to lower rents that were being...
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