Legal/Regulation: Page 66
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Freddie Mac streamlines assessments for homebuyers without credit scores
The move aims to support responsible lending while improving credit access for low- and moderate-income borrowers, as well as first-time buyers.
By Katy Tomasulo • March 24, 2017 -
MA contractor fined $150K for campaign-donation violation
J. Derenzo Companies asked employees to make campaign donations to several politicians and then reimbursed them in cash, per state officials.
By Kim Slowey • March 23, 2017 -
FAA: Commercial drones in use could soar to 1.6M by 2021
Out of all industries, the construction and industrial sector has a 26% share of current commercial drone uses, second only to aerial photography.
By Kim Slowey • March 23, 2017 -
Army liaison charged in military contract bribery scheme
Authorities allege that Kevin Leondi accepted cash and other favors from construction firms in return for favorable treatment.
By Kim Slowey • March 23, 2017 -
Seattle City Council approves creation of renter advisory group
Skyrocketing rents fueled by new high-income earners are forcing many longtime residents out of their rental homes and into a market that lacks affordable options.
By Katy Tomasulo • March 23, 2017 -
San Francisco officials propose banning contractors that bid on border wall from city work
The supervisors said the city should not provide companies with the monetary benefit of public work if they don't share the same values as taxpayers.
By Kim Slowey • March 22, 2017 -
Chicago subcontractor sentenced to 1-year prison term for DBE fraud scheme
Elizabeth Perino's two companies reportedly received contracts designated for women- and minority-owned companies but didn't actually perform the work.
By Kim Slowey • March 20, 2017 -
San Francisco's affordable housing density bonus proposal faces officials — again
Supporters say the law will help bridge the growing affordability gap and add needed workforce housing while critics contend it will displace current residents.
By Sean Barry • March 17, 2017 -
Trump's budget proposal a mixed bag for the construction industry
The president's plan eliminates TIGER grants for transportation projects and provides billions for the U.S.–Mexico border wall.
By Kim Slowey • March 17, 2017 -
Deep Dive
Regulation reboot: What is OSHA's fate under a Trump administration?
The construction industry is waiting to find out how the president's approach to regulations will affect the agency.
By Kim Slowey • March 16, 2017 -
Trump's infrastructure committee recommends arbitration-style permitting process
The leaders of the task force said a bankruptcy court-style proceeding could shave years off the permitting process for large projects.
By Kim Slowey • March 16, 2017 -
OSHA rolls out 'Safe and Sound' campaign to encourage employer action
As part of the program, the agency is asking employers to review their safety practices and procedures.
By Kim Slowey • March 16, 2017 -
Las Vegas officials propose $12B light rail to link city, airport
Advocates of the plan hope it will get a boost from the new presidential administration's focus on transportation projects.
By Kim Slowey • March 16, 2017 -
Proposed $6B HUD budget cut could add to housing shortage
The funds could otherwise be used to bolster new construction and reduce regulatory delays that hold up affordable and market-rate projects, Trulia said.
By Sean Barry • March 15, 2017 -
NJ lawmakers approve extra $400M funding infusion for transportation projects
New Jersey Gov. Chris Christie requested the additional money in his budget address last month.
By Kim Slowey • March 15, 2017 -
Regulators wary of surge in construction, development loans
The issuance of C&D loans grew 14% last year, once again outpacing all other categories.
By Kim Slowey • March 15, 2017 -
Congressman introduces bill to scrap controversial EB-5 visa program
U.S. Rep. Steve King, R-IA, said the program, which is popular among investors and developers, has been marred by fraud.
By Kim Slowey • March 15, 2017 -
Report: San Diego soccer development could generate $2.8B annual economic boon
The proposed $2.5 billion SoccerCity complex would take the place of Qualcomm Stadium, the former home of the Chargers.
By Kim Slowey • March 14, 2017 -
Hunt Construction files $27M lawsuit against subcontractor for delays on Austin, TX hotel
The $350 million Fairmont project will be the city's largest hotel when completed in August.
By Kim Slowey • March 14, 2017 -
Deep Dive
The Dotted Line: How employers can protect construction workers from external threats
Companies are going the extra mile to ensure their employees are safe from hazards ranging from roadside risks to job site crime.
By Kim Slowey • March 14, 2017 -
Deep Dive
The 50 States of Construction: How NY firms adapt to complex logistics, soaring demand
Chris Pepey, a senior estimator with Turner, explores the unique challenges and opportunities for companies operating in the nation's largest market.
By Emily Peiffer • March 13, 2017 -
GSA delays decision on FBI headquarters relocation
The General Services Administration said site selection for the potential $2 billion project is on hold pending Congressional appropriations.
By Kim Slowey • March 13, 2017 -
Stalled MD Purple Line could face additional delays amid deforestation deadline
If crews are unable to remove the necessary trees before April 1, the $5.6 billion light rail project could be pushed back another five months.
By Kim Slowey • March 13, 2017 -
Preliminary plans for $1 trillion infrastructure agenda underway
As President Donald Trump begins to tackle the logistics of his massive plan, the Senate has started to work on funding details.
By Kim Slowey • March 10, 2017 -
Federal judge denies stop-work request for Dakota Access pipeline
The judge rejected the argument that the pipeline would prevent the Standing Rock and Cheyenne River Sioux tribes from practicing their religion.
By Kim Slowey • March 9, 2017
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