Housing Advocates Applaud Stimulus Deal

first_img About Author: Christina Hughes Babb Previous: Delinquency Report Reflects ‘Critical Situation’ Next: ‘Troubling Trends’ Could Result in Increased Forbearance Activity Housing Advocates Applaud Stimulus Deal The Best Markets For Residential Property Investors 2 days ago Share Save Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily A $900 billion economic relief package approved by the House and Senate includes several provisions for which housing advocates have been pressing, including an extension of the CDC’s eviction moratorium and $25 billion funding for rental assistance, which will be vital to residential real estate investors.About 38% of 1.4 million real estate agents belonging to the National Association of Realtors (NAR) own at least one rental property in the U.S., according to the association.”More than 40% of rental units nationally are owned by ‘mom and pop’-operated small businesses, many of which have been struggling to pay their bills and keep a roof over their tenants’ heads,” NAR President Charlie Oppler said. “Rental assistance helps stabilize that housing and keep families in their homes, and we’re grateful that Congress could secure this and other critical relief measures in this legislation.”Members of the National Association of Homebuilders (NAHB) released a response to Sunday’s deal, which the organization says covers multiple policy objectives championed by NAHB, including “an extension of temporary tax provisions for newly-built energy-efficient homes and for homeowners who engage in remodeling activities.”The U.S. House Committee on Financial Services Chair Maxine Waters says this legislation “makes a down payment on the assistance needed to help struggling families and individuals catch up on their rent and stay in their homes.”She adds that Americans will undoubtedly need more, but the $25 billion in rental assistance is “critical and historic.” The FSC provided an additional paper on rental assistance and another explaining how the new stimulus bill specifically will help communities of color and lower-income residents.Affordable Housing Tax Credit Coalition (AHTCC) members applauded the package, which it says will help spur the development of an estimated 130,000 additional homes for low-income families over the next 10 years.”The affordable housing provisions included in the year-end legislation are critical to support low-income families during the current crisis and as part of our nation’s recovery,” AHTCC Executive Director Emily Cadik said.Mortgage Bankers Association President and CEO Bob Broeksmit, on behalf of the organization, commended Congress for passing the legislation, which he says “provides the necessary tools to protect borrowers, renters, and small businesses.””We especially appreciate rental assistance for tenants, enhancements to the Paycheck Protection Program (PPP) to help the hospitality sector, continued Troubled Debt Restructuring (TDR) relief for all financial institutions, and continuation of the TALF program. Additionally, we welcome the extension of unemployment insurance and direct assistance for the millions of people who have been affected by the COVID-19 pandemic,” Broeksmit said. “On behalf of the real estate finance industry, we look forward to continuing to work with the administration, Congress, and the Federal Reserve to support all consumers and businesses.” Home / Daily Dose / Housing Advocates Applaud Stimulus Deal 2020-12-22 Christina Hughes Babb Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago December 22, 2020 13,592 Views in Daily Dose, Featured, News Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Subscribelast_img read more

Developing integrated models of Southern Ocean food webs: including ecological complexity, accounting for uncertainty and the importance of scale

first_imgThe Southern Ocean supports diverse and unique ecosystems that have been impacted by more than twocenturies of exploitation and are now experiencing rapid changes in ocean temperature and seasonal icecover due to climate warming. Understanding and projecting responses of Southern Ocean marine ecosystemsto changing climate conditions and direct human impacts, such as fisheries, requires integratedecosystem analyses at scales previously unexplored. Here we consider the main ecological and modellingchallenges in predicting the responses of Southern Ocean ecosystems to change, and propose three interlinkedfocus areas that will advance the development of integrated models for Southern Ocean ecosystems.The first focus area is development of fundamental understanding of the factors that determinethe structure and function of the food webs at multiple scales. Ecological research in the Southern Oceanis often centred on key species or localised systems, a tendency which is reflected in existing food weband ecosystem models. To build on this, a systematic analysis of regional food web structure and functionis required. The second focus area is development of a range of mechanistic models that vary in their resolutionof ecological processes, and consider links across physical scales, biogeochemical cycles and feedbacks,and the central role of zooplankton. These two focus areas underlie the third, which isdevelopment of methodologies for scenario testing across a range of trophic levels of the effects of pastand future changes, which will facilitate consideration of the underlying complexity of interactions andthe associated uncertainty. The complex nature of interactions determining Southern Ocean ecosystemstructure and function will require new approaches, which we propose should be developed within ascale-based framework that emphasises both physical and ecological aspects.last_img read more

New Dell HPC System Drives New Research, Innovations and National Economic Benefits in South Africa

first_imgThis week I had the pleasure of participating in and Dell powering our customer and longtime collaborator, the Centre for High Performance Computing (CHPC), which is part of South Africa’s   Council for Scientific and Industrial Research (CSIR), as they unveiled the FASTEST computer on the African continent and a future Top-500 class system. It was an honor to represent Dell’s HPC teams at the launch event, only a few short days after we joined the Texas Advanced Computing Center (TACC) at the University of Texas at Austin to celebrate its own new Dell HPC System and milestones.CHPC’s Dell-powered “Lengau” System (“Cheetah” in Setswana) provides high performance computing access and will help drive new research, new innovations and new national economic benefits in a country filled with both talent and opportunity. While Lengau surely benefits from the latest technology advancements, the most important benefit is that it will enable new opportunities and avenues in cutting edge research (such as the Square Kilometer Array) and will provide the computational capacity to build the private sector and non-academic user base of the CHPC to help spur national economic growth.Lengau boasts a speed of roughly one petaflops (1,000 teraflops or 1,000 Trillion floating point operations per second)–15 times faster than the CHPC’s previous system and, yet, within a smaller footprint and consuming less energy. The new system is comprised of 1,039 Dell PowerEdge servers, based on Intel Xeon processors, totaling 19 racks of compute nodes and storage. It has a total Dell Storage capacity of five petabytes, and uses Dell Networking Ethernet switches and Mellanox EDR InfiniBand with a maximum interconnect speed of 56 GB/s.Compared to the previous system, Lengau will now provide access to compute resources for users, scientist and innovators, who had limited or no access to the resources in the past due to capacity constraints. Additionally, it will enable high performance for large-scale simulations that were impossible in the past, opening completely new avenues of research and, ultimately, enabling human potential.But this event was much more than about products–it also was about people. Educating the next generation of students on the capabilities and possibilities of HPC is just as critical as introducing new technologies. What use is the technology if no one is using it to learn or innovate? To that end, CHPC and Dell are co-sponsoring Team South Africa as they compete for a winning title at this year’s Student Cluster Competition at the International Supercomputing Show (ISC), June 20-22 in Frankfurt Germany. The 5th annual competition, organized by HPC Advisory Council and ISC, features teams of six undergraduate and/or high school students who build a small compute cluster of their own design on the ISC exhibit floor and race to demonstrate the greatest performance across a series of benchmarks and applications.In preparation for the competition, Team South Africa spent a week at Dell’s Round Rock campus to meet with HPC experts;  check out our next-generation HPC innovations and clustered systems designs, thermal labs; and receive hands-on tutorials and feedback sessions from Dell design teams. I am very confident in the skills of these brilliant minds and can’t wait to see how they do in Frankfurt at ISC!As Dell continues to democratize HPC and grow our HPC customer business, we have plenty of exciting new things on the horizon to discuss during ISC. I hope you’ll come by and visit the HPC team and me in Frankfurt later this month or watch this space as we have MUCH more to come!last_img read more