Umeme Limited (UMME.ke) 2018 Abridged Report

first_imgUmeme Limited (UMME.ke) listed on the Nairobi Securities Exchange under the Energy sector has released it’s 2018 abridged results.For more information about Umeme Limited (UMME.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Umeme Limited (UMME.ke) company page on AfricanFinancials.Document: Umeme Limited (UMME.ke)  2018 abridged results.Company ProfileUmeme Limited is a power utility company managing the distribution of electricity, electricity supply and after-sales service in Uganda and power sharing with Africa sub-regions. Its electricity distribution division manages the operation, maintenance, upgrading and expansion of the distribution network in Uganda. It consists of approximately 26 202 kilometres of medium- and low-voltage transmission lines which covers the major towns and cities of Uganda. The electricity supply and after-sales service divisions connect new customers to the distribution network, read meters, bill customers and collect revenue as well as deal with customer complaints, restoring power interruptions, managing customer care and educating customers on saving energy. Umeme Limited targets customers in the domestic, commercial, medium industrial, large industrial and street lighting sectors. Umeme Limited is listed on the Nairobi Securities Exchangelast_img read more

8 Blacks / NRJA

first_imgSave this picture!© Gatis Rozenfelds+ 43 Share Year:  ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/124290/8-blacks-nrja Clipboard ArchDaily 8 Blacks / NRJA CopyAbout this officeNRJAOfficeFollowProductWood#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesWoodHousesLatviaPublished on April 04, 2011Cite: “8 Blacks / NRJA” 04 Apr 2011. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogFaucetshansgroheKitchen MixersGlass3MGlass Finish – FASARA™ GeometricPartitionsSkyfoldVertically Folding Operable Walls – Classic™ SeriesPlumbingSanifloMacerator – Saniaccess®3WoodBruagAcoustic Panels with LEDMetallicsSculptformClick-on Battens in Ivanhoe ApartmentsSkylightsVELUX CommercialLonglight 5-30° – Modular SkylightsTiles / Mosaic / GresiteLove TilesPorcelain Tiles – SplashAluminium CompositesMetawellAluminum Panels for Interior DesignMetal PanelsRHEINZINKPanel Systems – Horizontal PanelEducationalLamitechChalk boardCarpetsCarpet ConceptCarpet – Eco IquMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Projects 8 Blacks / NRJASave this projectSave8 Blacks / NRJA Area:  461 m² Year Completion year of this architecture project “COPY” Architects: NRJA Area Area of this architecture project Houses CopyHouses•Latvia ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/124290/8-blacks-nrja Clipboard Photographs Latvia 2011 “COPY” Photographs:  Gatis RozenfeldsText description provided by the architects. Initially planned as a holiday house, at the end of the design process – socially active family’s living house complex at the River Venta near Kuldiga. Save this picture!© Gatis RozenfeldsRecommended ProductsFiber Cements / CementsRieder GroupFacade Panels – concrete skinFastenersSchöckRainscreen Cladding Facade Fasteners – Isolink®WoodBruagBalcony BalustradesWindowsLibartVertical Retracting Doors & WindowsThe place drags in to live there. 1. A group of buildings for daily living, located around the paved courtyard and creating center of gravity for the complex, 2. Guest house and Sauna house located at a distance, 3. Cellar sat within relief and ancillary buildings. 4. Football and Volleyball field Save this picture!© Gatis Rozenfelds8 BLACKS is a modern approach for traditional living complex in Kurzeme adopting the archetypal cross-section as a common element for all buildings. Union of traditional and modern in the image of the house entail sense of inheritance and belonging at the same time providing the necessary comfort for active living. Save this picture!© Gatis RozenfeldsExpressive nature of the terrain – a swift river, remarkable relief, wind – defined the minimalist form of buildings; they do not compete with nature.Using one material for both – walls and roofs – homogenous look of the building is achieved; surface texture and details are reached by the finish of raw wood planking.In contrast of 8 BLACKS the inner courtyard is connected to garage building, made of white polycarbonate and operating as a large lamp and illuminating the yard. Save this picture!© Gatis Rozenfelds8 BLACKS – 8 black painted wood planking buildings forming a complex. Large windows of the buildings provide a visual link with the surroundings; the terraces of various sizes offer an opportunity to go out while being in the house.Indoor space is formed following a principle of ‘box in a box’ – free-standing room blocks with built-in furniture walls. The space above the ceilings is used as extra sleeping area. Save this picture!© Gatis RozenfeldsTwo-storey volume separated by a gallery and a terrace from the rest of the residential building contains a fireplace room on the ground floor and owner’s working room on the upper level. Construction of walls in this building is different from other volumes – metal frame construction with glass fill and rare wooden siding creates light games in the interior. Wooden boards, opened up towards the river, allow watching it. Save this picture!© Gatis RozenfeldsPlaced within the existing relief the cellar volume is ending up the planed garden with a solid rock wall. More over the garden within the gully will be protected from prevailing winds. The cellar is located at a distance from living complex, while the visual link is provided through an opening in the garage building. Final volume of the complex – the gate house – will visually complete the private courtyard; it will place a wide, comfortable main entrance with a place for dog and technical equipment room. Save this picture!© Gatis Rozenfelds8 BLACKS identity sign that appears on the main entrance wall, is made by modifying site plan and thereby obtaining the sign of the complex. By multiplication and combination, one gets a drawing, which will be set up on the white wall of master’s bathroom.Save this picture!© Gatis RozenfeldsProject gallerySee allShow lessIn Progress: Jesolo Lido Condominium – The Beach Houses / Richard Meier & Partners A…ArticlesLebbeus Woods Refuses to Work in China until Ai Weiwei is ReleasedArticles Sharelast_img read more

The Eastbourne Residential Complex / Bates Smart

first_imgArchitects: Bates Smart Area Area of this architecture project Projects Construction Manager: Photographs:  Peter Clarke, Sean Fennessy ArchDaily Cardno “COPY” Photographs The Eastbourne Residential Complex / Bates Smart CopyAbout this officeBates SmartOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingApartmentsEast MelbourneOn FacebookAustraliaPublished on May 20, 2020Cite: “The Eastbourne Residential Complex / Bates Smart” 19 May 2020. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogBathroom AccessorieshansgroheBath & Shower ThermostatsGlass3MGlass Finish – FASARA™ NaturalPartitionsSkyfoldVertically Folding Operable Walls – Mirage®WindowsVitrocsaSliding Window – Mosquito NetSinksBradley Corporation USASinks – Verge LVG-SeriesMetal PanelsTrimoQbiss One in Equinix Data CentreSignage / Display SystemsGoppionDisplay Case – Q-ClassMetal PanelsLongboard®Aluminum Battens – Link & Lock – 4″Sports ApplicationsPunto DesignPunto Fit in Ekaterinburg Public SpaceWoodBlumer LehmannFree Form Structures for Wood ProjectsKnobsKarcher DesignDoor Knob K390 (50)TablesVitsœ621 Side TableMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream “COPY” Save this picture!© Peter Clarke+ 21Curated by Paula Pintos Share The Eastbourne Residential Complex / Bates SmartSave this projectSaveThe Eastbourne Residential Complex / Bates Smart Year:  Australia Oculus, Barber Design Marshall Day Acousticscenter_img Lead Architects: ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/939749/the-eastbourne-residential-complex-bates-smart Clipboard Umow Lai, Simpson Kotzman Acoustic Consultant: Bates Smart Apartments Services Consultant: Civil Consultant: Mirvac Construction Clients:MirvacCity:East MelbourneCountry:AustraliaMore SpecsLess SpecsSave this picture!© Peter ClarkeRecommended ProductsSinksCosentinoBathroom Collection – Silestone® WashbasinsSinksBradley Corporation USASinks- Express ELX SeriesEnclosures / Double Skin FacadesAlucoilStructural Honeycomb Panels – LarcoreFiber Cements / CementsRieder GroupFacade Panels – concrete skinText description provided by the architects. The residential development, The Eastbourne, designed for Mirvac in association with Freemasons Victoria, delivers a new luxurious, inner-city sanctuary address.Save this picture!© Peter ClarkeSituated on the site of the former Dallas Brooks Hall and opposite the Fitzroy Gardens, the 14-level development offers 245 apartments, ranging from one-to-seven bedrooms.Save this picture!© Sean FennessySave this picture!Ground Floor PlanSave this picture!© Sean FennessyIn honouring the site’s unique history and connection with Freemasonry, stone detailing is used as a signature feature throughout, imbuing a sense of craftmanship, quality and refinement. Freemasons Victoria maintains an association with the site and occupy a purpose-built Masonic facility on the corner of Victoria Parade and Eades Street.Save this picture!© Sean FennessyThe building capitalises on the location and close proximity to the Fitzroy Gardens. Large and impressive terraces provide residents with a visual connection to the parklands, but also help to emphasise the building’s design language as a series of floating horizontal planes.Save this picture!© Sean FennessySave this picture!© Sean FennessyExceptional residential amenity including: a luxurious pool, spa and steam room; gymnasium; yoga room; private lounges with fire places; wine cellar; a bookable dining room and kitchen and theatre room, is more akin to a 6-star hotel, than traditional apartment building. Sustainability was also at the forefront, with consideration given to everything from construction materials to lighting efficiency and home automation, creating a healthy environment for residents.Save this picture!© Peter ClarkeProject gallerySee allShow lessWarehouse in Ageo / Arii Irie ArchitectsSelected ProjectsMayfield Avenue Residence / studiofourSelected ProjectsProject locationAddress:East Melbourne VIC 3002, AustraliaLocation to be used only as a reference. It could indicate city/country but not exact address. Share Landscape: 2019 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/939749/the-eastbourne-residential-complex-bates-smart Clipboard Area:  74500 m² Year Completion year of this architecture project CopyApartments•East Melbourne, Australialast_img read more

NCDL’s Sponsor a Dog list updated

first_img Howard Lake | 13 January 2003 | News  44 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The NCDL is the UK’s largest dog welfare charity and last year cared for over 11,500 stray and abandoned dogs at its nationwide network of 15 re-homing centres. It never destroys a healthy dog in its care no matter how long it takes to match the right dog with the right owner.Base rental costs are £75 per 1,000 names, and selections are available at £5 per 1,000 each. Selections available include gender, recency and geography.For further information please contact Catherine Brocklehurst at Occam. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis NCDL’s Sponsor a Dog list updated List broker Occam Direct Marketing has announced that the National Canine Defence League (NCDL) has added 180,580 names to its Sponsor a Dog list.The Sponsor a Dog list now comprises 246,580 names. The list profile is mainly female, aged 25 – 45 years old with high income levels. Interests include books, lotteries, gardening, cookery, competitions and DIY. The bulk of the list has been recruited through TV advertising (mainly satellite channels) backed up with off-the-page advertising. Advertisement About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

Rapidata to reduce regular giving attrition with timed messages at ‘trigger’ points

first_imgRapidata to reduce regular giving attrition with timed messages at ‘trigger’ points Tagged with: charity communications Individual giving Rapidata Services plc regular giving Howard Lake | 2 July 2012 | News Charity donation processing specialists Rapidata Services Plc is to use its experience of regular giving patterns to provide a new service designed to help charities reduce donor attrition. Its Trigger Communications programmes will help charities and membership organisations to identify crucial trigger points in the regular giving process that are known for attrition and which can be counteracted with appropriately timed and personalised communications from the charity.How it worksRapidata’s team first works with the charity to develop a bespoke programme that enables it to respond at specific times with appropriate and relevant contacts. The charity chooses the trigger points that it wishes to test. It can do so with a thank you postcard; a welcom call, email or text message after sign-up or first payment; membership renewals; or other offers.Action for Children case studyAction for Children has been piloting the Trigger Communications service since November 2011, using a simple postcard mailing campaign. Rapidata say that this first campaign succeeded in more than halving attrition. After six months the attrition of new donors had been reduced by almost 60%.The campaign has been shortlisted for the Best Use of Direct Mail at tonight’s National Awards 2012.Matthew Wenham, Head of Direct Marketing & Relationship Fundraising at Action for Children, said: “The campaign was very successful with a major reduction in drop off rates amongst those that received the postcards compared to those that didn’t, particularly after the first and second donations. As a result, we are rolling out the campaign and are already planning our next steps with Rapidata.”Scott Gray, Managing Director, Rapidata Services Plc, said that it was the company’s insight into regular giving performance that enabled it to determine specific trigger points for charities and their supporters. “Now,” he said, “Rapidata can help charities to more effectively engage with their supporters for greater life time value based on the supporter’s specific payment journey”.www.rapidataservices.com Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.  41 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

Shortlist announced in fundraising data and insight awards

first_imgThe winners will be announced at the Insight in Fundraising Awards Gala Dinner being held on 11 June at Hotel Russell in London’s Russell Square. Tickets cost £50 for charities and £80 for non-charities. Shortlist1. Classic analysis• Alzheimer’s Society/Adroit Data and Insight • Battersea Dogs and Cats Home/Response One • British Red Cross • RNIB • Parkinson’s UK/Wood for Trees2. Digital• Meningitis Trust • Oxfam • The Royal Marsden Cancer Charity • UNICEF UK3. Research• Age UK • Cancer Research UK • League Against Cruel Sports/Other Ltd • UNICEF UK/Metametrics4. Innovation• Comic Relief/DataTalk/Streetwise Analytics • Cancer Research UK • Dogs Trust/Wood for Trees • NSPCC • RNIB • RNLI5. Team of the year• Cancer Research UK • NSPCC • RNLI • RSPCA6. Supplier of the year• Adroit Data and Insight • DataTalk/Streetwise Analytics • Response One • Wood for Trees New IoF National AwardThe Institute of Fundraising has recognised the importance of data-informed insight in fundraising by introducing a new National Award for Best use of Insight. The winner will be announced at the IoF’s National Awards on 1 July at the IoF National Convention in London. Howard Lake | 30 April 2013 | News Shortlist announced in fundraising data and insight awards The Institute of Fundraising’s Special Interest Group (SIG) for Insight in Fundraising has announced the shortlist of finalists for its Insight in Fundraising Awards 2013.The awards, now in their second year, showcase best practice and innovation in harnessing data and insight to improve fundraising performance. They also highlight the work and achievements of analysts, database marketers, researchers and online fundraisers.This year the awards attracted twice as many entries as last year, from which 27 were shortlisted. Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  6 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

Tesco Charity Trust Community Awards open for applications

first_img Tagged with: Community fundraising Funding Tesco Howard Lake | 4 September 2014 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis4  55 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis4 Photo: Tesco by Gordon Joly on Flickr.com Applications are now open for the 2014 Tesco Charity Trust Community Awards Scheme, worth a total of £200,000. Charities and not-for-profit organisations can apply for a donation of between £500 and £2,500.To be eligible, projects must support health, opportunities for young people or environmental sustainability. Projects must operate in the local communities around Tesco stores in the UK.Applications are open until 21 September 2014. Advertisement Tesco Charity Trust Community Awards open for applications About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. [message_box title=”About Tesco Charity Trust” color=”blue”]Tesco Charity Trust aims to help Tesco support the local communities in which it operates, supporting both national and local community charities, and adding a 20% top up to Tesco staff fundraising.It is run by a board of trustees recommended by the main board of Tesco PLC.[/message_box]last_img read more

Winkler returns to Baseball as student assistant

first_imgI am the executive editor of TCU 360 from Raleigh, North Carolina. If you walk by my desk in the newsroom you’ll immediately know I’m Post Malone’s biggest fan. I’m always looking for a good story to tell! If you have any story ideas, feel free to reach out! Go Panthers! ReddIt Facebook Two students joined harassment and discrimination lawsuit against TCU TCU wants ex-professor’s discrimination suit dismissed Twitter printFormer Horned Frog pitcher Kyle Winkler will return to Fort Worth and join the coaching staff as a student assistant, the team announced Thursday.After spending seven years in the Arizona Diamondbacks, Los Angeles Dodgers and Tampa Bay Rays organizations, Winkler will return to campus to complete his degree.“It’s always great to see our former players come back to finish their degree after professional baseball,” Head Coach Jim Schlossnagle said. “Kyle was an incredible pitcher for us and a part of some historic teams and games at TCU. His college experience, along with his professional baseball experience, will help us continue to serve our current players at the highest possible level.”During his three years at TCU, Winkler earned All-Mountain West Conference honors twice and earned a spot on the 2010 USA Baseball Collegiate National Team. He was named conference Pitcher of the Week five times during his collegiate career and was drafted in the 10th round of the 2011 MLB Draft by the Arizona Diamondbacks.Winkler boasted incredible numbers during his tenure at TCU, including a 27-6 record in 50 appearances. He fanned 239 batters in 281 innings pitched along with holding a career ERA of 2.95.“I am so excited to be back at TCU,” Winkler said. “My dream, ever since leaving in 2011, has been to return one day to finish my degree and be a part of the baseball team again. I look forward to doing whatever I can to help TCU baseball get back to Omaha.”Winkler is no stranger to postseason baseball, an opportunity Schlossnagle has turned into the norm in Fort Worth.A key contributor to TCU’s NCAA Super Regional run in 2009, Winkler appeared in 17 contests, making 14 starts. During his first year as a Frog, he earned a 7-1 record while tossing a 4.15 ERA in 73.2 innings pitched.As a sophomore, Winkler served as one of the leaders on TCU’s first-ever College World Series squad. In 19 starts, he posted a 12-3 record with a 3.39 ERA. His winning performance in Game 3 of the Austin Super Regional sent the Horned Frogs to Omaha as he held the Longhorns to just five hits in 7.2 innings pitched.He started 13 of his 14 appearances during his third and final season at TCU as he achieved an incredible 1.39 ERA in 90.2 innings pitched along with a career-best 99 strikeouts.During his seven professional seasons, he made 20 starts in 215 career appearances on the mound. In 352 innings pitched, Winkler fanned 345 batters with an ERA of 4.50. What to watch during quarantine Twitter February 19, 2010: during the game between the University of Kansas Jayhawks and the Texas Christian University Horned Frogs at Lupton Stadium, Fort Worth, TX. TCU won against Kansas 5-1. Linkedin Robbie Vagliohttps://www.tcu360.com/author/robbie-vaglio/ Facebook Robbie Vagliohttps://www.tcu360.com/author/robbie-vaglio/ Snow temporarily stepping down as honors dean Linkedin + posts TCU rowing program strengthens after facing COVID-19 setbacks Robbie Vagliohttps://www.tcu360.com/author/robbie-vaglio/ Robbie Vagliohttps://www.tcu360.com/author/robbie-vaglio/ ReddIt Previous articlePebley earns two-year contract extensionNext articleBanogu, Summers epitomize Patterson’s eye for talent Robbie Vaglio RELATED ARTICLESMORE FROM AUTHOR Another series win lands TCU Baseball in the top 5, earns Sikes conference award Robbie Vaglio TCU baseball finds their biggest fan just by saying hellolast_img read more

OPD identifies victims in fatal crash

first_imgLocal News OPD identifies victims in fatal crash Pinterest WhatsApp WhatsApp File image of OPD police vehicle. The Odessa Police Department has identified the Midland man and woman that were involved in a single vehicle rollover in northeast Odessa. Jennifer Marie Gallegos, 35, was pronounced dead after being transported to Medical Center Hospital, while Greg Brian Young, 45, was also transported to MCH with serious bodily injuries and was still listed in critical condition as of Wednesday. The single vehicle rollover happened at 3:49 p.m. Tuesday in the 5000 block of 52nd St. Young was identified as driving a blue Ford Mustang with his passenger Gallegos, the release stated. The Mustang was traveling west on 52nd Street and it was passing other vehicles in the center turning lane at a high rate of speed. The Mustang lost control before leaving the roadway, the release stated. The Mustang rolled several times in a field and Gallegos was ejected from the vehicle. Rhonda Lewallen, public relations director at MCH, said over the phone Wednesday morning that Young was listed critical condition. The investigation continues. Previous articleHIGH SCHOOL GYMNASTICS: Permian boys win Mitchell-Green InvitationalNext article010318_UTPB_WT_A&M_men_10 Digital AIM Web Support By Digital AIM Web Support – February 24, 2021 center_img Facebook Twitter Facebook Twitter Pinterest TAGS  last_img read more

HUD Secretary Castro to Testify Before Congress Thursday, June 11

first_img Previous: Freddie Mac Lists Steps To Help Distressed Borrowers Avoid Foreclosure Relief Scams Next: DS News Webcast: Tuesday 6/9/2015 Data Provider Black Knight to Acquire Top of Mind 2 days ago U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro is scheduled to testify before the full House Financial Services Committee on Thursday, June 11, for the second time since becoming the nation’s top housing official in July 2014.The purpose of Thursday’s hearing, titled “The Future of Housing in America: The Oversight of the Department of Housing and Urban Development,” is “to examine HUD and its programs,” according to a memorandum from the Committee.”Two flexible block grant programs—HOME and Community Development Block Grants (CDBG)—are intended to help communities finance a variety of housing and community development activities serving low income families,” the memorandum said. “Other more specialized grant programs are intended to help communities meet the needs of homeless persons, including those with AIDS. HUD’s Federal Housing Administration insures mortgages made by lenders to home buyers with low down-payments and to developers of multifamily rental buildings containing relatively affordable units.”The Committee is also expected to ask Castro about three government rental assistance programs that account for most of HUD’s non-emergency funding – which made up more than three-quarters of HUD’s total appropriations in FY2015.In several public appearances early this year, Castro touted 2015 as a “year of housing opportunity.” In his first time to testify before the full House Financial Services Committee in February, the Secretary faced some tough questioning from Republicans such as Committee Chairman Jeb Hensarling (R-Texas) on the FHA’s lowering of the mortgage insurance premiums by 50 basis points down to 0.85 percent and about HUD’s MMI fund standing at 0.41 percent, well below the 2 percent threshold it is required to maintain.Castro defended his actions to the Committee in the hearing, saying the FHA had taken aggressive actions to improve underwriting standards, introduced a credit score floor requiring a higher down payment from sub-580 FICO borrowers, and imposing higher minimum net worth requirements for lenders, all of which have contributed to FHA being “back in the black,” and putting the agency in a “strong” position to lower the mortgage insurance premiums. He also boldly predicted, and subsequently stuck to that prediction, that the MMI Fund would rise above the 2 percent ratio in the next two years.Click here to access a video stream of the hearing, which begins at 10 a.m. Eastern time on Thursday, June 11. The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / HUD Secretary Castro to Testify Before Congress Thursday, June 11 About Author: Brian Honea Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland.  Print This Post The Best Markets For Residential Property Investors 2 days ago Tagged with: House Financial Services Committee HUD Julian Castro June 8, 2015 1,357 Views Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily center_img Data Provider Black Knight to Acquire Top of Mind 2 days ago HUD Secretary Castro to Testify Before Congress Thursday, June 11 Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Government, News The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago House Financial Services Committee HUD Julian Castro 2015-06-08 Brian Honea Demand Propels Home Prices Upward 2 days ago Subscribelast_img read more