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Lowe
Apr 5, 2020 7:20 AM ET

Lowe’s Temporarily Increases Hourly Wages And Implements New Safety Efforts In Response To COVID-19

iCrowdNewswire - Apr 5, 2020 - MOORESVILLE, N.C.,-- Lowe's Companies, Inc. (NYSE: LOW) today announces additional actions being made across all U.S. stores to further protect and provide for both our associates and customers during this unprecedented time. Our announcement includes a temporary $2 an hour wage increase for all full-time, part-time and seasonal hourly associates for the hours they work at Lowe's stores, contact centers and supply chain facilities in the U.S. and Canada for the month of April. "We are. [more...]

Philanthropic Leaders Call on Regulators to Delay Changes to the Community Reinvestment Act Amid Coronavirus Pandemic
Apr 5, 2020 7:10 AM ET

Philanthropic Leaders Call on Regulators to Delay Changes to the Community Reinvestment Act Amid Coronavirus Pandemic

iCrowdNewswire - Apr 5, 2020 - NEW YORK,-- Leaders from the philanthropic and impact investing community joined together today to publish a letter calling on regulators to indefinitely delay the rulemaking process for the Community Reinvestment Act (CRA), especially given the coronavirus pandemic's disproportionate impact on the low- and moderate-income neighborhoods that the CRA is designed to serve. The Presidents' Council on Impact Investing, a philanthropic leadership group facilitated by the U.S. Impact Investing Alliance with more. [more...]

OneUnited Bank Announces 10th Anniversary "I Got Bank" National Financial Literacy Contest For Youth
Apr 5, 2020 7:00 AM ET

OneUnited Bank Announces 10th Anniversary “I Got Bank” National Financial Literacy Contest For Youth

iCrowdNewswire - Apr 5, 2020 - BOSTON,-- In celebration of National Financial Literacy Month, OneUnited Bank, the nation's largest black-owned bank, is proud to announce its 10th Annual "I Got Bank!"  National Financial Literacy Contest where ten children will win a $1,000 savings account.  To support families who are home schooling their children due to the Coronavirus pandemic, the Bank is offering a free "I Got Bank" E-Book. Students from across the country between the ages of 8 and 12 are encouraged to read. [more...]

"Restaurant Relief America" Campaign Raises $10 Million in 10 Days to Support Restaurant Workers
Apr 4, 2020 7:15 AM ET

“Restaurant Relief America” Campaign Raises $10 Million in 10 Days to Support Restaurant Workers

iCrowdNewswire - Apr 4, 2020 - WASHINGTON,-- The National Restaurant Association Educational Foundation (NRAEF) announced today overwhelming support for the Restaurant Relief America campaign from major companies and individuals across the country.  With a new contribution from The Coca-Cola Company, in just 10 days more than $10 million has been raised for the Restaurant Employee Relief Fund (RERF) to support U.S. restaurant workers financially impacted by the COVID-19 crisis. The Restaurant Relief America campaign was created by the NRAEF with support from industry icon Guy Fieri,. [more...]

Senior Housing Wealth Reaches Record $7.23 Trillion
Apr 4, 2020 7:10 AM ET

Senior Housing Wealth Reaches Record $7.23 Trillion

iCrowdNewswire - Apr 4, 2020 - WASHINGTON,- Homeowners 62 and older saw their housing wealth grow by 0.5 percent or $39 billion in the fourth quarter to a record $7.23 trillion from Q3 2019, the National Reverse Mortgage Lenders Association reported today in its quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index. The RMMI rose in Q4 2019 to 260.52, another all-time high since the index was first published in 2000. The increase in senior homeowners' wealth was mainly driven. [more...]

Regional Health Properties Reports Fourth Quarter and Full-Year 2019 Financial Results
Apr 4, 2020 7:00 AM ET

Regional Health Properties Reports Fourth Quarter and Full-Year 2019 Financial Results

iCrowdNewswire - Apr 4, 2020 - ATLANTA,-- Regional Health Properties, Inc. (NYSE American: RHE) (NYSE American: RHEpA), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, reported results for the year ended December 31, 2019. Business Update Successfully settled a total of three professional liability claims during the fourth quarter 2019 and the first quarter of 2020. Commenced a capital improvement plan for the Company's Ohio facilities. Management is encouraged. [more...]

Black Knight Releases COVID-19 White Paper Providing In-Depth Evaluation of Pandemic
Apr 2, 2020 11:39 PM ET

Black Knight Releases COVID-19 White Paper Providing In-Depth Evaluation of Pandemic’s Impact on the Housing and Mortgage Industries

iCrowdNewswire - Apr 2, 2020 - JACKSONVILLE, Fla.,-- As the world grapples with the impact of COVID-19, Black Knight, Inc. (NYSE: BKI) has assessed many of the potential effects of the pandemic on the real estate and mortgage industries. Leveraging Black Knight's extensive property, home price and loan-level mortgage data, proprietary analytics, as well as third-party information, the company has released an extensive white paper that provides an in-depth evaluation of the impact the extended disruption of the COVID-19 pandemic may. [more...]

Smith Family Foundation Recognizes Senior Caregivers
Apr 2, 2020 11:38 PM ET

Smith Family Foundation Recognizes Senior Caregivers

iCrowdNewswire - Apr 2, 2020 - ROANOKE, Va.,- The James R. Smith Family Charitable Foundation, in an effort to recognize frontline workers providing critical care and support to senior communities, has committed over $1.2 million to provide disaster relief gifts to frontline associates of Harmony Senior Services.  The gifts will be disbursed in two installments to over 2300 frontline workers and will range from $150 to $500 per associate. The first gift was dispersed recently to provide immediate relief to those in. [more...]

Modular Construction Market Size is Projected to Reach USD 158357.45 Million at a CAGR of 7.03% by the End of 2025 | Valuates Reports
Apr 2, 2020 11:37 PM ET

Modular Construction Market Size is Projected to Reach USD 158357.45 Million at a CAGR of 7.03% by the End of 2025 | Valuates Reports

iCrowdNewswire - Apr 2, 2020 - BANGALORE, India,-- The Global Modular Construction Market size is projected to rise at a compound annual growth rate (CAGR) of 7.03 percent from USD 98365.84 million in 2018 to USD 158357.45 million by the end of 2025. Investment in infrastructure and industrialization are the major factors that are primarily attributable to the growth of the global modular construction market. Because of the increasing focus on productivity, quality, and occupational health, the market is expected. [more...]

CIT Financing Speeds Protective N95 Masks to Healthcare Workers
Apr 2, 2020 11:36 PM ET

CIT Financing Speeds Protective N95 Masks to Healthcare Workers

iCrowdNewswire - Apr 2, 2020 - NEW YORK,-- CIT Group Inc. (NYSE: CIT) has provided critical financing for its client Aria Designs to help it procure millions of advanced N95 surgical masks that will protect medical professionals battling the COVID-19 pandemic. Aria Designs, a North Carolina-based furniture manufacturer and importer, is using its global supply chain and manufacturers to supply the much-needed protective masks. To help finance the order, Aria Designs turned to CIT, which has long worked closely. [more...]

SixFifty Launches Free Tool to Help Homeowners Avoid Foreclosure by Delaying Mortgage Payments up to Six Months Under the New Federal Stimulus Bill
Apr 2, 2020 11:35 PM ET

SixFifty Launches Free Tool to Help Homeowners Avoid Foreclosure by Delaying Mortgage Payments up to Six Months Under the New Federal Stimulus Bill

iCrowdNewswire - Apr 2, 2020 - SALT LAKE CITY,-- SixFifty, the technology subsidiary of the law firm Wilson Sonsini Goodrich & Rosati, today announced the release of Hello Lender, a free online tool that helps people with federally backed home loans to delay paying their mortgage if they are experiencing financial distress as a result of the COVID-19 emergency. The newly passed federal stimulus, called the CARES Act, allows people with federally backed mortgages to request. [more...]

Apr 2, 2020 9:00 AM ET

The Coronavirus, Real Estate Investing, and You

iCrowdNewswire - Apr 2, 2020 - Nothing we have ever experienced has affected the real estate industry the way the coronavirus will. Along with the challenges we face in our daily lives will come opportunities never before imagined. Successful real estate investors are staying in tune with the markets and making preparations for their next real estate deal. The greatest opportunities will come in the areas of short sales and foreclosures. The real estate investor who. [more...]

Welltower Issues Business Update
Apr 2, 2020 2:29 AM ET

Welltower Issues Business Update

iCrowdNewswire - Apr 2, 2020 - TOLEDO, Ohio,-- (NYSE: WELL) Welltower® Inc. today issued the following statement regarding the ongoing COVID-19 pandemic: "During these extraordinary times, we remain inspired by the resolve and fortitude of all individuals who are on the front lines in combating the impact of the COVID-19 pandemic.  This includes the thousands of health care professionals, caregivers, and staff in Welltower facilities, who are working tirelessly to promote the safety and well-being of their. [more...]

Woodside Homes Joins Leading Builders Of America In National Effort To Collect Protection Equipment For Healthcare Workers
Apr 2, 2020 2:28 AM ET

Woodside Homes Joins Leading Builders Of America In National Effort To Collect Protection Equipment For Healthcare Workers

iCrowdNewswire - Apr 2, 2020 - SALT LAKE CITY,-- Woodside Homes has joined Leading Builders of America's urgent, national call to collect unused, excess masks and eye protection equipment from its trade partners. These are being collected at Woodside Homes' Corporate Office, 460 West 50 North, Suite 200, Salt Lake City. Cash donations are also being accepted at https://www.directrelief.org/. The public can follow the effort on social media at #BuildersCare.   "This is an opportunity for the homebuilding industry to step. [more...]

Cathay Bank Launches Smart Relief Loan Program
Apr 2, 2020 2:27 AM ET

Cathay Bank Launches Smart Relief Loan Program

iCrowdNewswire - Apr 2, 2020 - LOS ANGELES,- Cathay Bank today announced that it has launched a Smart Relief Loan Program to help small business owners affected by the COVID-19 pandemic. This $2 million loan program offers a low interest rate short term loan ranging from $5,000 to $10,000 and is initially being offered to small businesses located in Los Angeles County.  "This is an unprecedented time for all of us, and we know many small businesses are being hit especially hard. [more...]

Lisa Chin, Ph.D. Named CEO of Treehouse
Apr 2, 2020 2:26 AM ET

Lisa Chin, Ph.D. Named CEO of Treehouse

iCrowdNewswire - Apr 2, 2020 - SEATTLE,-- Lisa Chin, who previously served as President and CEO of Boys & Girls Clubs of King County and Executive Director of Year Up Puget Sound, has been named CEO of Treehouse. The nonprofit organization partners with youth in foster care so they have a childhood and a future. "Lisa is a visionary strategist and fundraiser with a proven ability to scale mission-focused organizations," said Amy Mullins, Treehouse's Board Chair. "She's spent the bulk of her. [more...]

Comerica Bank
Apr 2, 2020 2:25 AM ET

Comerica Bank’s California Index Up in January

iCrowdNewswire - Apr 2, 2020 - DALLAS,-- Comerica Bank's California Economic Activity Index increased in January to a level of 126.5. January's reading was 29 points, or 29 percent, above the index cyclical low of 97.8. The index averaged 124.4 points in 2019, 0.5 points above the average for all of 2018. December's reading was revised to 125.9. Comerica Bank's California Economic Activity Index improved again in January. The index components were positive for the month. Nonfarm. [more...]

The global pandemic and Real Estate Opportunities never imagined
Apr 1, 2020 9:00 AM ET

The global pandemic and Real Estate Opportunities never imagined

iCrowdNewswire - Apr 1, 2020 - Nothing we have ever experienced has affected the real estate industry the way the coronavirus will. Along with the challenges we face in our daily lives will come opportunities never before imagined. Successful real estate investors are staying in tune with the markets and making preparations for their next real estate deal. The greatest opportunities will come in the areas of short sales and foreclosures. The real estate investor who. [more...]

Nurses Flip Houses to Pay for Research & Medical Care for Community
Apr 1, 2020 2:59 AM ET

Nurses Flip Houses to Pay for Research & Medical Care for Community

iCrowdNewswire - Apr 1, 2020 - JACKSONVILLE, Fla.,-- A group of Jacksonville, Florida nurses and other health care workers who have a passion for renovation founded Jax Nurses Buy Houses to help fund research and medical care for the greater Jacksonville area. It couldn't have come at a better time. Never has there been a time in recent history when acting locally can make a huge impact on the future of the nation – and the world. Jax Nurses Buy Houses is. [more...]

U.S. Senate Federal Credit Union Partners with GreenPath Financial Wellness to Offer Crisis Relief to Individuals and Families
Apr 1, 2020 2:58 AM ET

U.S. Senate Federal Credit Union Partners with GreenPath Financial Wellness to Offer Crisis Relief to Individuals and Families

iCrowdNewswire - Apr 1, 2020 - WASHINGTON,-- United States Senate Federal Credit Union (USSFCU) is partnering with GreenPath Financial Wellness, a leading national nonprofit organization, to address critical needs among community individuals and families impacted by COVID-19 pandemic measures. Through the partnership, USSFCU offers free phone based GreenPath financial counseling. GreenPath's counselors will assess an individual's entire financial picture and identify options that can relieve stress and make it easier to bounce back. "Our hearts go out to everyone who. [more...]

WNC Raises $128.5 Million for Institutional LIHTC Fund to Develop and Renovate More Than 1,600 Affordable Housing Units
Apr 1, 2020 2:57 AM ET

WNC Raises $128.5 Million for Institutional LIHTC Fund to Develop and Renovate More Than 1,600 Affordable Housing Units

iCrowdNewswire - Apr 1, 2020 - IRVINE, Calif.,-- WNC, a leading provider of investment, asset management and development services in the affordable housing industry, announced today it has closed WNC Institutional Tax Credit Fund 48, L.P. (WNC Corp. 48), which raised $128.5 million in institutional low-income housing tax credit (LIHTC) equity. The equity will be used to develop and renovate more than 1,600 affordable housing units in nine U.S. states. "Quality, reliable affordable housing plays a significant role. [more...]

Huntsville Based Mortgage Lender, Hometown Lenders, is still here to serve.
Apr 1, 2020 2:55 AM ET

Huntsville Based Mortgage Lender, Hometown Lenders, is still here to serve.

iCrowdNewswire - Apr 1, 2020 - HUNTSVILLE, Ala.,-- In these trying and uncertain times, Hometown Lenders is still here to serve their clients and take the necessary steps to ensure loans are still closing.  Hometown is expecting to have the capability within the next week to be able to complete mortgage transactions up to 90% online, cutting the interaction time down tremendously. About 3 months ago, while many other Lenders were cutting due to winter months,. [more...]

MultiVersity Housing Partners Acquires Union On 5th In Pittsburgh, PA
Apr 1, 2020 2:54 AM ET

MultiVersity Housing Partners Acquires Union On 5th In Pittsburgh, PA

iCrowdNewswire - Apr 1, 2020 - PITTSBURGH,-- MultiVersity Housing Partners (MVHP) has been awarded management of Union on 5th, located steps from the campus of Duquesne University and less than 2 miles from University of Pittsburgh.  MultiVersity Property Management (MVPM) will be overseeing the management of this Class-A student apartment property as well as all planned property improvements.  Union on 5th was converted into loft student apartments in 2016 and is made up of two-bedroom and three-bedroom apartments. The stylish apartments feature. [more...]

PHFA continues efforts to assist renters and homeowners impacted financially by the coronavirus pandemic
Mar 31, 2020 3:45 AM ET

PHFA continues efforts to assist renters and homeowners impacted financially by the coronavirus pandemic

iCrowdNewswire - Mar 31, 2020 - HARRISBURG, Pa.,-- As the broad economic impact caused by the coronavirus becomes more clear, the Pennsylvania Housing Finance Agency is continuing to take steps to help renters and homeowners retain their housing until they are able to recover financially. "PHFA is taking immediate action to provide its borrowers with mortgage relief," said PHFA Executive Director and CEO Robin Wiessmann. "We are also in regular communications with our private sector and non-profit. [more...]

Georgia Power offers tips and resources for customers to manage "stay-at-home" energy use during COVID-19 pandemic
Mar 31, 2020 3:42 AM ET

Georgia Power offers tips and resources for customers to manage “stay-at-home” energy use during COVID-19 pandemic

iCrowdNewswire - Mar 31, 2020 - ATLANTA,-- With higher temperatures arriving in Georgia, and families spending more time at home due to the COVID-19 pandemic, Georgia Power encourages customers to minimize the impact of increased energy use on electric bills using the multitude of efficiency resources and tips available at no cost to customers. Tips, Tools & ResourcesWhether customers own a home or rent, tailored tips are available at www.GeorgiaPower.com/Save, which also includes access to a free online energy. [more...]

The Howard Hughes Corporation® Closes On Two Loans Totaling Over $490 Million
Mar 31, 2020 3:40 AM ET

The Howard Hughes Corporation® Closes On Two Loans Totaling Over $490 Million

iCrowdNewswire - Mar 31, 2020 - DALLAS,-- The Howard Hughes Corporation® (NYSE: HHC) announced today its recent closing on two loans totaling over $490 million. A $356.8 million construction loan was secured at Ward Village® for its sixth residential mixed-use development, Kō'ula, reflecting continued strong demand to live in the acclaimed 60-acre master planned community transforming Oahu. In addition, a $137 million, 5-year term loan was secured for 9950 Woodloch Forest Drive, one of two premier Class AAA towers in The Woodlands® comprising. [more...]

Red Roof® Offers "Work Under Our Roof" Day Rate to Provide a Comfortable and Quiet Space for Remote Workers
Mar 31, 2020 3:38 AM ET

Red Roof® Offers “Work Under Our Roof” Day Rate to Provide a Comfortable and Quiet Space for Remote Workers

iCrowdNewswire - Mar 31, 2020 - COLUMBUS, Ohio,-- Red Roof®, the leader in upscale economy lodging, understands the difficulty of this uncertain time, especially for workers trying to keep business continuity at home.  In response to the abrupt interruption of working environments, for the first time ever, Red Roof is offering day rates to help remote workers find quiet and comfortable spaces to allow them to focus.  With closures of non-essential businesses across the nation, including coffee shops, co-working. [more...]

CIT Announces Community Support for those Affected by COVID-19
Mar 31, 2020 3:37 AM ET

CIT Announces Community Support for those Affected by COVID-19

iCrowdNewswire - Mar 31, 2020 - NEW YORK,-- CIT (NYSE: CIT) today outlined a $1 million community commitment to support those affected by COVID-19. These resources will provide some immediate relief to New York City and L.A. County, the respective headquarters for the company and its bank subsidiary. In addition, it will provide support for several community initiatives across the company's footprint that aim to provide relief to those impacted by the pandemic, with approximately half of the funding supporting nonprofits assisting small. [more...]

Modular Mobilization Coalition for the COVID-19 Crisis Response
Mar 30, 2020 3:24 AM ET

Modular Mobilization Coalition for the COVID-19 Crisis Response

iCrowdNewswire - Mar 30, 2020 - PHILADELPHIA,-- Volumetric Building Companies (VBC) is mobilizing a coalition of industry partners with access to dozens of factories nationwide to execute its 10X Mobilization Plan to face today's crisis head-on, addressing the shortage of healthcare facilities by standardizing designated Supplemental Care Unit (SCU).  SCU's are wood-frame modular units containing six patient beds and two bathrooms. Daisy-chaining these factories together with a single point of contact, the Modular Mobilization Coalition is enabled to expedite the build process by. [more...]

Flexible PSH Solutions: Enlightenment Plaza -- A Model For The Provision Of Permanent Supportive Housing (PSH) For The (Formerly) Homeless
Mar 30, 2020 3:24 AM ET

Flexible PSH Solutions: Enlightenment Plaza — A Model For The Provision Of Permanent Supportive Housing (PSH) For The (Formerly) Homeless

iCrowdNewswire - Mar 30, 2020 - LOS ANGELES,-- As California goes through its coronavirus crisis, progress towards development of permanent housing options for the homeless becomes an ever more apparent public health and safety priority. In Los Angeles, an important model for PSH is making its way through the planning process and is due for approval and construction start over the next six-month period.  Enlightenment Plaza will be a place where the formerly homeless can find an environment designed. [more...]