Affordable Housing Project Wrapping Up

HARRISONBURG - Construction that started a little more than a year ago to create affordable housing at 351 N. Mason St. could be completed by the end of next month, according to Harrisonburg Economic Development Director Brian Shull.

Affordable housing working group established

To address Novatans? concerns about proposed affordable housing quotas, the city will hold a number of workshops and will establish a 15- to 18-member citizens ?Housing Element Working Group.? It will meet regularly to help provide direction to City Council for its May vote to pick the sites for the 676 units of affordable housing mandated by state and regional officials.

Hawthorne nonprofit fosters affordable housing, small businesses

HAWTHORNE ? Community Capital Resources, a nonprofit community lending organization, has fostered affordable-housing projects and small-business initiatives in the Lower Hudson Valley for more than two decades.

Village angered at site picked for £3m affordable housing scheme

A controversial £3m development in an East Riding village is back on the cards as a council leader called on residents to unite behind proposals to provide badly needed affordable housing. (06/09/2010 11:24:28)

Residents adopt standards for affordable housing in Cedars area south of downtown Dallas

Residents in The Cedars, just south of downtown, won a battle this year against proposed housing for the homeless in their neighborhood.

Poway affordable housing project on the way

Poway Redevelopment Services and a nonprofit developer held a groundbreaking ceremony Thursday on the site of the city?s newest affordable housing project.

Second phase planned for affordable housing development in Myrtle Beach

Bay Pointe, an affordable housing development in Myrtle Beach, got approval for a second phase that

State approves county housing element; rezoning efforts to implement affordable housing slated for January

Affordable housing could be on the way to Humboldt County, with efforts to build multi-family housing in the works after the state approved the county's housing element this week.

Chicago homeless advocates want TIF money for housing

Set to release report on Tuesday Affordable housing has been on Mayor Richard Daley's agenda lately.

New law will increase county's affordable housing

Governor has signed the bill lowering match for affordable housing trusts. This benefits Ventura County because the match has been lowered to $500,000, half of the $1 million it used to be.

Oilex claims huge gas finds in Gujarat

NEW DELHI: In a major boost to the energy security campaign, Australia's Oilex Ltd. on Monday claimed that it had made a huge natural gas discovery in the onshore Cambay basin near Khambat town in Gujarat that could possibly hold 1.5 trillion cubic feet (tcf) of reserves.

China's auto ownership expected to exceed 200 million in 2020

It is estimated that automobile ownership in China will exceed 200 million in 2020, causing serious energy security and environmental issues, said Wang Fuchang, director of the Department of Equipment Industry under the Ministry of Industry and Information Technology, on Sept. 5. Striving to promote the energy efficiency of traditional automobiles and the industrialization of alternative-energy ...

Germany Agrees to Extend Life of Nuclear Plants

The move comes at a time when several European countries, including Italy and Sweden, are reconsidering long-held policies against nuclear energy.

China vehicles to top 200m in 2020

SHANGHAI, Sept 6 ? The number of vehicles in China will exceed 200 million in 2020, the China Securities Journal reported today, quoting a government official. The large increase in vehicle numbers will pose problems for the environment and energy security, Wang Fuchang, vice minister for China?s Ministry of Industry and Information Technology, ...

Germany gives reprieve to nuclear plants

BERLIN, Sept. 6 (UPI) -- Germany has decided to extend the life of its 17 nuclear power plants, the last of which was to have been shut down by 2022, authorities said. Nuclear power - Germany - Energy - Angela Merkel - Nuclear

UK plans subsea CO2 storage

The UK Department of Energy and Climate Change (DECC) has announced how it intends to license CO2 storage under the sea bed in offshore waters within UK jurisdiction.

Nine O'Clock

Moldova?s European path also an important topic on the agenda. Poland minister reconfirms support for Romania?s Schengen accession.

Rosneft Replaces Longterm President

MOSCOW ? Rosneft?s board has approved first deputy chief Eduard Khudainatov as its new president, the company said Sunday, ending Sergei Bogdanchikov?s 12 years at the helm and tightening chairman Igor Sechin?s control over Russia?s largest oil producer.

Banks consider 4 billion euros for Nabucco gas pipeline

Plans for the giant Nabucco gas pipeline to bring Central Asian gas to Europe took a step forward on Monday when the consortium announced the involvement of three international financial institutions.

Latter-day Moses

It can be said that Yossi Langotsky was destined for greatness. The man who can take credit for Israel discovering oceans of natural gas, was a natural candidate to lead Israel out of the resource-poor wilderness.

Tate Modern Expands, Despite Economy

Despite the rocky economy and the recent announcement of government cutbacks for arts financing, the Tate Modern in London is growing.

Obama to call for $100 billion business tax credit

Under mounting pressure to intensify his focus on the economy ahead of the midterm elections, President Obama will call for a $100 billion business tax credit this week, using a speech in Cleveland on Wednesday to launch what administration officials said was a new policy push. Barack Obama - Business - United States - Research and development - Tax

Australia's credit rating not hurt by political deadlock

International credit rating agency Standard & Poor's (S&P) has reaffirmed Australia's AAA credit rating, saying there is a strong political will to bring the budget back to surplus whoever eventually wins power.

Obama to call for $100B business tax credit

Under mounting pressure to intensify his focus on the economy ahead of the midterm elections, president seeks to boost research and development. Research and development - President of the United States - Barack Obama - United States - United States Congress

Bad Credit? For Corporate Borrowers, Not a Problem

How Americans' investing shift keeps some companies afloat Business - Personal Finance - Home - Financial services - Money Management

Obama to propose permanent research tax credit

President Barack Obama will ask the Congress on Wednesday to increase and permanently extend a tax credit for business research as a way of boosting job growth, an administration officials said on Sunday.

Fed Vows to Maintain Public Financial Health

Extend and pretend...That's the government's way of handling the crisis. Extend credit and cash to those who don't deserve it. Then, pretend that everything is okay...But the problems don't go away. They just get stretched into the future...What did the feds do for GM? They took over the company.

Investors Vulnerable to Loss on Rising Duration: Credit Markets

Corporate bond investors are facing the biggest losses ever should interest rates rise after buying longer-dated debt to improve their returns.

US economy preview: trade deficit probably narrowed

The trade deficit probably narrowed in July as a slowing economy prompted Americans to buy fewer goods from abroad, economists said before a government report this week.

Lukewarm Reception for R&D Tax Credit

President Obama's expected request this week for expansion and permanent extension of 'research and development' tax credit receives wary Senate response White House to Deploy Broader Mortgage Aid YOU DECIDE: Best Way to Stoke Economy? McCain: Obama Ignoring Border Violence

Coded Messages to Buy More Gold

Bloomberg.com had the headline ?Bank of Korea ?Under Pressure? to Boost Gold Holdings, Shinhan?s Oh Says,? which was perfectly understandable, although I have no idea what ?Shinhan?s Oh Says? means. I suspect that Shinhan is some guy who just found out that purposely not buying gold is a really stupid idea, and who, upon realization [...]

Coded Messages to Buy More Gold originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."

?Obvious? US Bonds Junk? Considering Key Ratios, Future Outlook

It?s the burning question that can?t be denied — do US bonds make sense with the current triple-A rating and low yield? Or, is “quite obvious” they instead deserve a junk rating? Of course, China-based Dagong Credit Rating Agency has already argued vehemently the US should have a lower rating, in particular lower than China. [...]

“Obvious” US Bonds Junk… Considering Key Ratios, Future Outlook originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."...

Can Gold Go Higher?

I?ve done a number of interviews on gold recently and the number one question I get most from reporters is?can gold prices go higher? My answer is yes. Short-term, ?record gold prices? are a bit of a misnomer. On an inflation-adjusted basis, gold?s real record price would be over $2,300 an ounce. Looking at our [...]

Can Gold Go Higher? originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."

The Recovery Road Less Traveled

With his toes in the sand and the cool waters of the Atlantic Ocean lapping gently at his feet, your editor can fairly say we have reached the end of our little Daily Reckoning Coast-to-Coast Correction Tour. So where to now for your Ho-Ho-hopping correspondent? Ahh, more on that below. First, some more important considerations… [...]

The Recovery Road Less Traveled originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."

How Gold-As-Money Can Prevent Mob Rule

Ellen Kelleher, writing for The Financial Times, opens her article with how Baird & Co., in their warehouses in London, purify gold by heating it to molten form to make ?medallions, bars, and rings,? which sounds like a lot of heavy, hot, back-breaking, dangerous work to me, as if the word ?work? was not bad [...]

How Gold-As-Money Can Prevent Mob Rule originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."

Print Money and Be Damned!

Japan was the world?s most admired economy in the ?80s. Then it was the world?s most despised economy in the ?90s. By 1995, economists pointed their fingers and laughed ? the world?s most admired businessman had lost his left shoe. But now, much of the world is barefoot. The US inflation rate has been going [...]

Print Money and Be Damned! originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."

Another Chinese Resource Grab

The stakes just got higher in the 3-D chess game China?s playing for natural resources. On one dimension, the Middle Kingdom is on the offensive. But on another, it?s playing strictly defense… Beijing is ordering state-owned businesses to explore a bid for PotashCorp (POT), the Canadian fertilizer giant that?s already fending off a hostile bid [...]

Another Chinese Resource Grab originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."

Fed Vows to Maintain Public Financial Health

Extend and pretend… That?s the government?s way of handling the crisis. Extend credit and cash to those who don?t deserve it. Then, pretend that everything is okay… But the problems don?t go away. They just get stretched into the future… What did the feds do for GM? They took over the company. They extended cash [...]

Fed Vows to Maintain Public Financial Health originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."

How Will Census Workers Affect the Jobs Report?

It was a ping-pong day for the currencies, back and forth over the net… The net being the ?level of the day?… For instance, the Aussie dollar (AUD) played over the 91-cent net all day, and the euro played over the 1.2820 level all day. The data on Thursday was all over the board, which [...]

How Will Census Workers Affect the Jobs Report? originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."

How Japan and Switzerland Could Reshape the Currency Markets

Japan and Switzerland are facing the same threat to their economic health. And so far, every step they?ve taken to make things better has only made them worse. But there is one way they could conceivably get out of this mess. And even though no one is talking about it yet, a mere hint of [...]

How Japan and Switzerland Could Reshape the Currency Markets originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."...