New director to head Neighborhood Services Department Linkedin Kyla Wilcher Parade of Lights brings early Christmas cheer Kyla Wilcherhttps://www.tcu360.com/author/kyla-wilcher/ Facebook Grains to grocery: One bread maker brings together farmers and artisans at locally-sourced store Kirk MundenMunden retired in 2014 as executive assistant police chief in Houston after serving the Houston police department for 33 years. + posts ReddIt Fort Worth’s Heritage Tree Program adds two more ReddIt Anne KirkpatrickKirkpatrick is currently a senior instructor in the FBI Law Enforcement Executive Leadership Development Program in Seattle. She has served as chief deputy of King County, Wash., and police chief of three cities in Washington. Kyla Wilcherhttps://www.tcu360.com/author/kyla-wilcher/ printFort Worth has six finalists vying to be the city’s next police chief – two are internal candidates.The public will be able to meet the candidates Sept. 10 at a community forum from 7-9 p.m. at the Bob Bolen Public Safety Complex, 501 W. Felix St.“We are very pleased with the group of finalists and look forward to the process next week,” City Manager David Cooke said in a press release. He added that all candidates bring different experiences and backgrounds into consideration.“All of the candidates have experience working in large urban police departments,” he said.Cooke has said transparency and inclusiveness are important in the selection process. In addition to the community forum, people can submit questions by calling 817-392-8085 or emailing [email protected] Questions can also be submitted for the community forum through mySidewalk.com.The city has been without a chief since early January 2015, when Jeffrey Halstead officially retired from the department. Halstead served as chief for six years.The candidates are:Kenneth DeanDean has served on the Fort Worth police department since 1992. In his current position as assistant police chief, he commands over 1000 personnel and manages a budget of over $106 million.Abdul PridgenPridgen currently serves as assistant chief over finance and personnel for the Fort Worth police department. He has been with the department since 1992, and currently oversees 174 employees and a $270 million budget.Jose BanalesBanales has served in the San Antonio police department for 32 years, and is currently the department’s assistant police chief.Joel FitzgeraldFitzgerald is currently police chief in Allentown, Pa., a city of 119,000 people. He has served in the Philadelphia police department for 17 years. Twitter Abortion access threatened as restrictive bills make their way through Texas Legislature Linkedin Kyla Wilcherhttps://www.tcu360.com/author/kyla-wilcher/ Twitter Kyla Wilcherhttps://www.tcu360.com/author/kyla-wilcher/ Fort Worth set to elect first new mayor in 10 years Saturday Fort Worth’s Heritage Tree Program adds two more Previous articleTCU players to watchNext articleTCU leads Minnesota 10-3 at the half Kyla Wilcher RELATED ARTICLESMORE FROM AUTHOR Facebook
Earnings Reports Freddie Mac Profits 2015-05-04 Brian Honea Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Freddie Mac to Announce Q1 Financial Results Tuesday, May 5 Data Provider Black Knight to Acquire Top of Mind 2 days ago May 4, 2015 1,349 Views The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Government, News 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 Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Freddie Mac will be reporting its financial results for the first quarter of 2015 on Tuesday, May 5, according to an announcement from the GSE.The results will be announced before the U.S. financial markets open via a conference call at 9 a.m. Eastern time on Tuesday, May 5. The call will be webcast and can be accessed by clicking here.A replay of the webcast, and all other information related to the conference call or Freddie Mac’s Q1 results, can be accessed by clicking on the Enterprise’s investor relations page.Freddie Mac reported a net income of $227 million for the fourth quarter of 2014, a decline of $1.9 billion from the third quarter. The GSE attributed the drop in net income to derivative losses, which totaled $3.4 billion for the quarter driven by declining interest rates.For the full year of 2014, Freddie Mac reported a net income of $7.7 billion, down from $48.7 billion in 2013. Securities settlements and an accounting charge that were not present in 2014 boosted the 2013 income. Despite the substantial decline in net income, 2014 was the third straight year of profitability for Freddie Mac.CEO Donald Layton said that 2014 “marked another year of solid financial and operating performance” which allowed the GSE to return $20 billion to taxpayers. About $900 million was sent to Treasury, however, according to the terms of a 2012 amendment to the 2008 bailout agreement. The 2012 amendment that required GSE profits to be swept into Treasury while Freddie Mac and Fannie Mae remain in conservatorship of the FHFA has been a contentious issue among politicians and stakeholders in the housing market.Freddie Mac’s total payback as of December 31, 2014, is $91.8 billion, about $20 billion more than the GSE needed in the 2008 bailout. Tagged with: Earnings Reports Freddie Mac Profits Share Save Previous: AACER: Bankruptcy Filings Continue April Decline; Total Has Fallen 47 Percent Since Peak Next: Training Tips: How (and Why) to Evaluate a New Vendor’s Internal Training Program Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Freddie Mac to Announce Q1 Financial Results Tuesday, May 5 Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago About Author: Brian Honea Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe
Message* Next round of stimulusSenate Majority Leader Mitch McConnell blocked a proposal for $2,000 stimulus checks in December, leading to the passage of a relief package that instead sent $600 checks to Americans. Schumer, who will take McConnell’s place, has indicated that he will make $2,000 checks a priority.Some New York officials are confident that having one of their own lead the Senate will benefit the state. Gov. Andrew Cuomo said Wednesday that a Democratic-controlled government would lead to a more favorable federal stimulus, as well as a reversal of moves by congressional Republicans that damaged New York.“They have been unethical. They have been political,” he said during a press conference Thursday. “They have taken money out of this state and sent it to the Republican states as a pure political exercise.”According to federal lobbying groups, a Democrat-controlled Congress, with Biden’s support, would favor a means-tested approach to rent relief, in the form of rental vouchers. The industry has been supportive of such an approach — which is seen as a welcome measure to stabilize the rental market — unlike proposals to cancel rent.Federal eviction moratoriumThe temporary federal limits on evictions stem from a September Centers for Disease Control rule allowing some renters to use financial distress as a defense against eviction. The rule is set to expire Jan. 31, but with both houses of Congress controlled by the Democrats, a new relief package could limit evictions even more.Such a proposal was floated in October when the House of Representatives passed a $2.2 trillion relief package which would have halted evictions for 12 months — exceeding even the five-month ban in place in New York.That measure would have not only given renters a defense against evictions, but prevented landlords from filing any evictions for non-payment. The bill would have also given delinquent borrowers automatic forbearance. It included $50 billion in emergency rental assistance, twice the amount which was eventually approved by the Republican-controlled Senate.Any resurrection of a longer eviction ban would still need to muster 60 votes in order to avoid a Republican filibuster.Contact Georgia Kromrei Message* Full Name* Email Address* Share via Shortlink Full Name* Sen. Charles Schumer and President-elect Joe Biden (Getty)When Joe Biden won the 2020 election, there was a significant hurdle between the president-elect and some real estate reforms he wanted: a Republican Senate.That changed Wednesday when two Democrats won Senate seats in Georgia. Biden’s proposals have a better chance of making it to the floor with Democrats holding half of Senate seats, Kamala Harris poised to cast tie-breaking votes as vice president and Sen. Charles Schumer, D-New York, as majority leader.To be sure, such tenuous control hardly guarantees that Biden’s campaign priorities will become a reality. Democrats need at least 60 votes to overcome a filibuster, meaning they need to win over at least 10 Republicans — a virtual impossibility for anything controversial or remotely partisan, such as eviction bans or dismantling the 2017 tax law.But a workaround known as reconciliation enables Senate passage of some taxation and spending measures with a simple majority. Republicans used it to pass the 2017 reform, as well as tax cuts in 2001 and 2003. Democrats used it for some elements of Obamacare.So the real estate industry is closely watching a number of policies and tax breaks that Biden highlighted during his campaign or pitched as a response to the pandemic. They include:Tax deductions and ratesThe Tax Cuts and Jobs Act of 2017 capped deductions of state and local taxes at $10,000, ostensibly raising the cost of living and home ownership in high-tax states such as New York, California and New Jersey. Last year, House Democrats passed a bill that would have increased the cap to $20,000, but the Senate ignored it. Such a measure would have an easier time with the Senate led by Schumer, who opposes the cap, as do many blue-state Democrats.Biden has said that he wants to increase high earners’ taxes on payroll, capital gains and income. He has also proposed increasing the corporate tax rate to 28 percent from 21 percent, after Republicans lowered it from 35 percent in 2017. While that would cost some real estate businesses more, it could benefit affordable housing developers.An increase in the corporate tax rate could make Low-Income Housing Tax Credits more attractive. Corporate investors who buy the credits receive a reduction on federal income taxes for 10 years, so the credits are worth more when there are more taxes to offset. When tax rates go down, the credits lose value. That affects how a project pencils out.Hudson Companies’ Aaron Koffman said he was in the middle of negotiating loan terms with a bank on an affordable housing project just before the 2017 tax law passed. The possibility of the corporate tax rate being decreased shaped the debt terms because many expected the tax credits to become less valuable. He said an increase of the corporate tax rate could help reverse that.“It is going to bring the price per dollar of tax credits up,” he said. “It’s a game-changing win to increase corporate taxes.”As part of the latest federal stimulus package, Congress divorced the program’s rate from interest rates, instead setting a floor of 4 percent. The change was considered a major win for affordable housing developers.1031 exchangesDuring his campaign, Biden announced a plan to eliminate 1031 exchanges for taxpayers with annual incomes that exceed $400,000.The widely-used tax benefit has been on the books for 100 years. A 1031 exchange allows real estate investors to defer capital-gains taxes when they sell properties, if they use the proceeds to make new investments, typically within a few months. Keep doing that, and taxes can be perpetually deferred. One wealth adviser called that “swap ’til you drop,” and estimated that $100 billion a year in property sales can be attributed to 1031 exchanges.The benefit is popular with retirees, but with Democrats in control of both houses of Congress, its elimination for high earners may be on the horizon — a possibility that has federal real estate lobby groups concerned. Developer Francis Greenburger called 1031 exchanges “an extraordinarily important element in real estate investment.”“There will be enormous unintended consequences if they are allowed to go forward in the way he proposed,” said Greenburger, a longtime supporter of Democrats.Greenburger, who wrote to the Biden campaign after the former vice president announced his intention to limit the benefit, said that he and others in the business community recognize the need to raise taxes as the country grapples with a lengthy and expensive pandemic.“Anyone who is not blind and stupid knows we have a huge deficit,” said Greenburger. But altering the fundamental structure of the tax code is not the way to close it, he said.“Raise the rate,” Greenburger offered. “That doesn’t disrupt entire ways of doing business and entire areas of activity and investment.”Opportunity ZonesBiden has pledged to reform the Opportunity Zone program, which was included as part of the Republicans’ 2017 tax overhaul. Though President Donald Trump has touted the program as a boon to “neglected neighborhoods,” others have argued that it mostly benefits developers.States selected the 8,700 zones, which were then certified by the U.S. Department of the Treasury. Critics have called for a reconsideration of these zones — some of which include well-off neighborhoods — and for more transparency and reporting requirements to ensure they are actually helping poor people.“The problem with the Opportunity Zone legislation is that it was rushed through,” said Ronald Fieldstone, a partner at Saul Ewing Arnstein & Lehr who focuses on tax law, noting the lack of public disclosure required by the program. “There is no accountability.”In November 2019, Sen. Ron Wyden of Oregon introduced legislation that would ramp up reporting requirements and limit Opportunity Zones to low-income communities.Read moreThe nitty gritty on federal rent reliefLandlord groups slam lawmakers’ eviction moratorium pushLast-minute reprieve stops city’s tax lien sale Contact Kathryn Brenzel Email Address* Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Tags1031 exchangesJoe BidenOpportunity ZonesPolitics
Dosidicus gigas (the jumbo flying squid) supports a major fishery in the eastern Pacific Ocean and exhibits large fluctuations in abundance from year to year. The commercial fishery consists of a multinational jigging fleet and the emission of light from these vessels can be observed using satellite-derived imagery obtained by the United States Defence Meteorological Satellite Program-Operational Linescan System (DMSP-OLS). Fishery abundance and fleet distribution were examined in Peruvian waters during years of intermediate (1994), La Niña (1996), and El Niño (1997) conditions, and compared with catch data from other parts of the species range (to the north and south of Peru). Squid catches off Peru were highest under intermediate conditions, with lower catch levels recorded during periods of cool or warm temperature anomalies. The fishery was distributed between 3° and 16°S in both coastal and high seas waters, over depths of greater than 1000 m. Unusually cool or warm conditions may cause a reduction in the abundance of squid off the coast of Peru, with catches increasing in other parts of the species range, notably off the coast of Central America (close to the Costa Rica Dome) and in the Gulf of California, Mexico. Squid fishing took place in waters with sea surface temperatures (SSTs) between 17 and 22 °C, but SST was not directly associated with fleet distribution. It is likely that variability in upwelling strength and the occurrence of cool core mesoscale oceanographic features are important in influencing the distribution of D. gigas in Peruvian waters.
HOBOKEN–The monthly NJ Transit Board of Directors meeting was cancelled on Wednesday, Jan. 10, 20 minutes after it was due to begin at 9 a.m. The board secretary Joyce Zuczek announced that the meeting would be postponed to a not yet identified later date, as the meeting did not have a quorum of people there to vote.The board was set to vote on the acquisition and lease of the former Union Dry Dock property. The city of Hoboken is opposing the change because they want to acquire the property themselves for open space. NY Waterway recently bought the property from the private ship repair company that owns it, so they could use it for ferry repair, and NJTransit was about to vote on leasing the property for their use as well.For more information look at this weekend’s edition of the Hoboken Reporter. ×
Costa Coffee has won the Best Quality Cake 2008 accolade at the Quality Food Awards for its Raspberry and Almond Bake.The Bake, which was shortlisted against Asda’s Extra Special Chocolate Cake and Asda’s Extra Special Victoria Sponge, was described by judges as an “excellent, moist cake with a great raspberry hit”. It is also the first time that coffee shops have been able to enter the awards. The product, developed by Cakehead, based in Stamford, was launched in April 2007 and is one of the coffee chain’s best-selling lines. Costa category brand manager Kate Cosgrove said the award highlighted the company’s commitment to ensure it offers its customers a high-quality food range.On the same day as the awards (27 November), Costa has also come out on top in a consumer survey, which named it as the brand they felt had done the most to tackle social and environmental issues. The survey of 1,000 ‘concerned consumers’ was featured in The Times.Giles Gibbons, founder and CEO, Good Business, said: “With over 75% of concerned consumers saying they have a higher opinion of companies that continue to spend money on social and environmental activities, even when economic conditions are difficult, this position is likely to help Costa survive the mounting pressures on the sector.”
Warburtons’ Hot Cross Bun Loaf is to feature on the shelves of retailers once more from January. It will be available in a 400g format, made with sultanas and currants within sweet and mildly spiced glazed bread.”Seasonal products such as the Hot Cross Bun Loaf help to build interest within the category and drive sales during the seasonal period,” commented Warburtons’ category director Sarah Miskell. “The Hot Cross Bun Loaf has always been an Easter favourite for the family as a tea-time treat and continues to grow in popularity. Last year, Hot Cross Bun Loaf showed a huge year-on-year volume and value sales growth of 22.9% (according to data from AC Nielsen – 52 w/e 4.10.08 vs 6.10.07) and we are confident that Warburtons’ Hot Cross Bun Loaf will be enjoyed just as much in 2009.”RSP: £1.30[http://www.warburtons.co.uk]
Asian shares have opened mostly higher although markets in Shanghai and Hong Kong are lower. The advance followed a broad rally on Wall Street, with solid contributions from Big Tech companies, banks and other sectors. The S&P 500 rose 1.4%, while the Dow Jones Industrial Average and the Nasdaq each rose 1.6%. GameStop plunged 60% in the latest wild swing for the stock and several others that have become caught up in a speculative frenzy by online traders seeking to inflict damage on Wall Street hedge funds who bet the stocks would fall. UPS rose after reporting record revenue. Treasury yields rose, as did crude oil prices.
From lab and classroom equipment to hallway computers and residence hall printers, Technology Enhanced Learning Spaces is responsible for devices used every day by students and faculty. Learning Spaces Manager Brian Burchett said the group’s goal is to make technology at Notre Dame accessible and easy to use. “The name Learning Space is intended to convey the idea that teaching and learning can take place anywhere. It could take place in a lounge or out in the hallway,” he said. “But it doesn’t have to be physical space. It can be a virtual space, too.” With a focus on registrar-scheduled classrooms and adjacent hallways, Burchett said the group works with both fixed and portable technologies. Over the past few years, Learning Spaces has increased the amount of technology available in classrooms. “There are slightly more than 150 registrar classrooms. Of those classrooms, we have fixed technology, like ceiling monitors and projectors, in about 130,” he said. “A few years ago, we would have only had 60 percent of the rooms with technology. Now we’re over 80 percent.” In the 20 remaining “low-tech” classrooms, faculty members are still able to use portable equipment, Burchett said. “We don’t want them to feel cut off from technology if they’re scheduled in one of those rooms,” he said. In the classrooms with fixed technology, the professor operates equipment through a control panel. Their choices include the lectern computer, an individual laptop, a DVD player and a document camera. With each use, Learning Spaces records statistics in a database for analysis. “It’s not surprising that the most overwhelmingly used device in the classroom is either the Windows computer that is provided or the laptop a professor brings,” Burchett said. “The document cameras will probably be used more because this year we completed a multi-year project of outfitting rooms with those.” Document cameras are versatile as they enable professors to act spontaneously with less preparation. Professors can use them to display objects onscreen without having to insert a photograph into their power point. Burchett said Learning Spaces has noticed a desire to incorporate music in classes. “We have more faculty now who want to bring their iPod and plug it in to play music. One professor used the document camera to display a musical score while playing the symphonic piece,” he said. “Students could then visually see the standard notation while hearing the music.” Burchett said faculty often asks for enhancements, with multiple projectors being among the most requested. “When we visit other schools like Purdue, we notice that it seems to be a trend to have more than one projector and more than one screen,” Burchett said. “We think that will be something that will happen here over the next three to five years as well.” With multiple screens, a professor might continue one static display, such as a power point, while simultaneously running a dynamic video or simulation on another. Burchett said only a few classrooms on campus allow this, but he predicts a shift to multiple screens in other classes in the future. An experimental multiple-screen classroom is located in the basement of DeBartolo Hall, Burchett said. Eight displays line the walls, with four more hung in the center from the ceiling. Eight computers are connected to these screens and the remaining space on the walls is painted with white-board paint to enable further freedom in spatial use of the room. “The idea is that there isn’t a front or back of the classroom. The professor can route anybody’s computer to any screen, to all 12 screens or a combination,” Burchett said. “The furniture moves so that the room can be rearranged.” Upon walking into the class, one section of the whiteboard reads, “Do not erase!” Scrawled underneath are comments left by faculty and students who have used the room. Burchett said that feedback from both sides is extremely valuable. “We want faculty feedback, but students often are the best evaluators of whether faculty are using technology effectively. I think everyone, whether you’re at a conference, training session, or class, has been subjected to death by PowerPoint,” he said. “There’s so much more that can be done with technology.” To gather this information, Learning Spaces conducts surveys. One quick way to give feedback is through Student Government, who meets with Learning Spaces on a regular basis. “And of course, people can always contact me directly if they want to, either by phone or in my office,” Burchett said. “If I’m in my office, come on in and tell me what you think.”
Former Notre Dame assistant football coach Corwin Brown will not serve any jail time for hitting his wife and holding her hostage in a seven-hour armed standoff with police last August, according to the Associated Press. St. Joseph County Judge Jane Woodward Miller agreed Tuesday to permit Brown to avoid prison after his wife, Melissa, said separating her husband from his family and the counseling he is currently receiving would do more harm than good. Brown’s wife also said she did not feel victimized in the situation, according to the Associated Press report. Miller sentenced Brown to consecutive two-year prison sentences, which she suspended, placed him on probation and ordered him to continue to undergo counseling. On Aug. 12, 2011, St. Joseph County Police responded to a call from Brown’s wife about domestic violence at the former coach’s home. At the time, The Observer reported she told officers her husband threatened her with a gun in his pocket earlier in the day. Police remained outside the Brown home for seven hours while a SWAT team negotiated with an armed Brown, according to police reports. Brown, 42, pleaded guilty but mentally ill in June to felony confinement and domestic battery charges as part of a plea agreement. Brown was a member of the Notre Dame football coaching staff from 2007 to 2009. He then served as a defensive backs coach with the New England Patriots during the 2010 NFL season, but he was relieved of his team duties in February 2011.