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WASHINGTON, D.C. — Affordable housing providers across the nation just caught a break in their uphill battle to stay afloat. The U.S. Department of Housing and Urban Development (HUD) has introduced a critical update to its Operating Cost Adjustment Factors (OCAFs) under the Section 8 program. This tweak, announced via a Federal Register Notice , is the latest step in combating spiraling operational costs—particularly skyrocketing insurance premiums—and aims to protect the nation’s affordable housing stock while stabilizing rent for low-income families. The stakes? Huge. Insurance costs for HUD-assisted multifamily properties have nearly doubled in just the last five years, with even sharper increases in coastal regions. Rising expenses for energy, labor, and maintenance are only adding fuel to the fire, putting property managers in an impossible bind—cover higher costs or risk compromising the quality and availability of affordable housing. HUD’s action is set to help thousands of property owners avoid a no-win scenario while ensuring residents’ access to safe, quality homes. “Our new adjustment factors will help families and affordable housing providers keep up with increasing housing costs,” said HUD Agency Head Adrianne Todman. “I’ve heard directly from property owners struggling to maintain affordable rents while keeping pace with skyrocketing operating expenses. This is an effort to turn the tide.” Here’s why this matters. HUD’s OCAFs establish the allowable yearly cost adjustments for multifamily housing projects with project-based assistance contracts under the Section 8 program. These factors vary by state and territory and are tailored to reflect changing market realities—higher energy costs, labor demands, and, most critically, explosion-like increases in insurance premiums. By ensuring these cost adjustments are more attuned to actual market conditions, HUD is giving housing providers the breathing room they desperately need to protect their operations without sacrificing affordability for tenants. For families dependent on Section 8 housing, this policy brings a rare sense of stability in an era of unpredictability. “The escalating cost of property expenses and insurance is a growing concern for families and affordable housing providers across the country,” said Julia R. Gordon, Assistant Secretary for Housing and Federal Housing Commissioner. “The new OCAFs represent a significant policy response by HUD and the Biden-Harris Administration to address these ongoing challenges.” The role of insurance in affordable housing is often overlooked—until disaster strikes. Multifamily property owners are tasked with maintaining comprehensive insurance coverage, which safeguards properties and communities in the event of extreme weather or unexpected catastrophes. But as climate risks intensify and insurance premiums soar, the financial balancing act becomes untenable. Coastal areas have been hit particularly hard. Properties along the Gulf and Atlantic coasts, already vulnerable to hurricanes and flooding, have seen insurance costs spike more than any other regions. This increase doesn’t just threaten operations; it jeopardizes the homes of countless families who have no alternatives. HUD has been ramping up efforts to address this crisis head-on. Earlier this year, the department revised multifamily insurance deductibles to ease the burden of wind and storm insurance premiums, providing crucial relief while maintaining adequate coverage requirements. HUD also convened an unprecedented summit in July 2024, bringing together insurance leaders, policymakers, and community stakeholders to hammer out actionable solutions. This OCAF adjustment is just one part of HUD’s broader strategy to tackle rising housing costs head-on. A standout initiative is the Green and Resilient Retrofit Program (GRRP), launched in 2023 and now surpassing $1.1 billion in funding. This program supports energy-efficient and climate-resilient improvements to HUD-assisted properties, reducing damage from disasters and cutting operational costs over the long term. Stronger, greener housing isn’t just a trend—it’s a necessity in today’s volatile climate. These updates also align with the Biden-Harris Administration’s affordable housing agenda, which prioritizes expanding the housing supply, reducing costs, and improving resilience, especially in underserved and disaster-prone communities. This OCAF overhaul builds upon decades of HUD policy under the Multifamily Assisted Housing Reform and Affordability Act of 1997. But unlike static rules of the past, this update reflects real-world challenges that property owners and managers now face. The new OCAFs go into effect for eligible properties with contract anniversary dates starting February 11, 2025. For many housing providers, these changes can’t come soon enough. They represent a necessary step forward in preserving not only individual housing contracts but the sustainability of the entire affordable housing ecosystem. And while this update is promising, it raises a key question for future discourse—how do we balance the rising costs of property operations with the urgent need to expand access to affordable housing? HUD’s bold moves show the agency is willing to meet the challenge head-on, but with insurance rates still climbing and the impacts of climate change intensifying, sustainable solutions will require coordinated effort across federal, state, and private sectors. For now, however, the update offers a clear signal to property owners, tenants, and advocates alike: HUD is listening. Affordable housing is not just a policy goal—it’s a promise. And this promise is being backed with updated tools and targeted action to ensure it remains within reach for millions. HUD’s message is unmistakable—affordable housing is too crucial to falter, and the federal government is prepared to do whatever it takes to stabilize this foundation for American families. The clock is ticking. For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN .is mnl777 legit 。

TIMMINS - The local services board has started it 2025 budget talks. At the Cochrane District Services Board’s (CDSB) on Nov. 21 meeting, board members were presented with the proposed budget. It includes an overall increase of 2.31 for operating expenditures and 7.5 per cent for capital, for a total hike of 9.82 per cent, or $2.1 million. Each of the member municipalities in the district, including Timmins, pay into the CDSB. The breakdown of what the increase means for municipalities was not included in the presentation. The board deferred the final decision on the budget to a future meeting, but it wasn’t specified it will be approved The budget discussions were centred around managing rising costs, maintaining services, and balancing the needs of municipalities and residents. Board members are waiting for funding announcements that could impact the final numbers, including potential funding for the Wellness Centre of Excellence/HART Hub project, which is not yet included in the budget. RELATED: Funding uncertainties make planning Timmins treatment difficult: Project lead “We serve a significant number of clients,” said Angela Delaurier, director of finance. “We hesitate to suggest dropping any of our services. But maintaining these services requires funding, and that’s the balancing act we have to perform.” Delaurier said the CDSB reviewed multiple budget scenarios before arriving at the current proposal. She noted that a balance had to be struck between rising costs and the expectations of the municipalities the CDSB serves. RELATED: CDSB performing core services preferred by most poll respondents “So what we then arrived at was including a portion of the new MCCSS (Ministry of Children, Community and Social Services) funding to arrive at an operating expenditure increase between two and three percent which is in line with what the municipalities were expecting,” Delaurier said. “So that’s what we ended up with, and that is the scenario of operating expenditures that we are running with for both draft one and draft two.” A major source of financial pressure is the housing portfolio, which includes numerous aging buildings in need of significant repairs. Lindsay Cumming, director of housing, detailed the difficulties of maintaining social housing across the district, especially as CDSB prepares to receive its final round of federal funding for housing administration in 2026. “The burden has fallen on the municipalities to administer and maintain social housing units,” Cumming said. “We can argue the fairness of it, but unfortunately, we are not alone in the province in this. At the time, maybe it was a good idea. Buildings were fairly new and there was funding still attached.” Those buildings, some of which were constructed as early as 1962, are now approaching the end of their useful life, Cumming said. She emphasized the urgency of addressing repairs before the cost of maintaining these units becomes unsustainable. She used the 16-unit Winnipeg Street project in Kapuskasing as an example. “Winnipeg project alone is projecting $876,000 in the next five years in repairs needed, mechanical, electrical, fire alarm systems. It would take 828 years to save if we base it on the $1,000 per unit per year, which we know is not realistic or feasible. But it’s going to reach a critical point that if an increased investment is going, units won’t be habitable and will need to be closed down,” she said. The 24 senior housing units in Smooth Rock Falls need a projected $585,000 in repairs over the next five years, Cumming said. “Cracks in the centre blocks, HVAC, baseboards, heaters, sprinkler systems. What happens to Smooth Rock Falls if we can’t keep these buildings in good repair? That’s the only housing that Smooth Rock Falls has,” she said. The CDSB’s budget faces increased costs in virtually every department. While some services, such as children’s services, are seeing slight reductions in expenditure, overall costs are rising due to inflation, higher labour and construction material costs and the reduction in federal funding, Delaurier said. She pointed out that interest rates, while beneficial for mortgages, are negatively affecting interest revenue. “We’re expecting a reduction in federal funding and in interest revenue that’s due to the interest rates that are decreasing, as we can see,” Delaurier said. “So good for our mortgages, not good for our interest revenue.” As a result of these pressures, the CDSB revised its capital request for 2025. Originally, the board had requested a 132 per cent increase in capital funding to address urgent building repairs. However, after discussions with the audit and housing committees, this request was reduced to a 49 per cent increase, with some external projects deferred. “We reduced it to a 49 percent increase,” Delaurier said. “We did that by removing all external work, so any outdoor work, and we did remove a couple of other capital items.” Despite the reductions, Delaurier emphasized that repairs are still necessary to maintain the safety and habitability of the CDSB’s housing stock. While the budget proposal aims to balance expenditures, it also acknowledges that delaying essential repairs poses a significant risk, Cumming said. “Small issues like cracks and curving or fencing can escalate into larger structural problems and more expensive repairs. Neglected maintenance can also increase the likelihood of accidents or injuries,” she said. “So in the drafts, from option one down to the last option, we’ve reduced anything external fencing, parking lots, and curbs. They’re not necessary if you’re looking in view of having a home to house someone, but there is liability and risk that’s associated with those items as well, and the further we push them off, the more likelihood that it’s going to increase the cost down the road.” Cumming also pointed out that the limited funding available for repairs, combined with the aging housing stock, means that the CDSB will need to request more funding from municipalities to prevent further deterioration. “Unfortunately, the cost of construction materials and labour has surged since the COVID-19 pandemic,” she said. “These combined factors make it necessary to request more funding to cover the heightened expenses involved in keeping the facilities in good condition, ensuring that they are there to serve the community effectively.”

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The courtroom was filled with a tense atmosphere as the judge delivered the verdict. Yang Niuhua, with her hands tightly clasped together, closed her eyes briefly, drawing upon her inner strength to steady herself. Her expression remained stoic, betraying none of the emotions that churned within her.Recycled Aluminum Market is expected to reach US$ 100.8 billion by 2031, growing with a CAGR of 7.7% during 2024-2031 | Novelis Inc., Kuusakoski oy, Norsk Hydro ASA, GAL Aluminum Extrusions Pvt. Ltd. 11-26-2024 07:47 PM CET | Advertising, Media Consulting, Marketing Research Press release from: DataM intelligence 4 Market Research LLP Recycled Aluminum Market The Recycled Aluminum Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the Recycled Aluminum market report is an essential resource for market participants who are looking to gain a comprehensive understanding of the market and identify opportunities for growth. Download a Free sample PDF (Use Corporate email ID to Get Higher Priority) at: https://www.datamintelligence.com/download-sample/recycled-aluminum-market Global Recycled Aluminum Market reached US$ 48.7 billion in 2022 and is expected to reach US$ 100.8 billion by 2031, growing with a CAGR of 7.7% during the forecast period 2024-2031. Recycled Aluminum is aluminum that has been recovered from discarded products and reprocessed into new aluminum products. This process involves melting down the waste aluminum and recasting it into new shapes or forms. Key Developments: ❁ On February 2023, Kuusakoski Oy, an international recycling company, announced a US$ 27.2 million investment in a major new production line being constructed at the company's recycling plant in Heinola, Finland, to increase recycling efficiency and processing capacity for non-ferrous metals such as aluminum. ❁ On January 2023, Emirates Global Aluminum, a global leader in aluminum production, announced the formation of the Aluminum Recycling Coalition, which intends to revolutionize aluminum recycling in UAE. Competitive Landscape: The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as Novelis Inc., Kuusakoski oy, Norsk Hydro ASA, GAL Aluminum Extrusions Pvt. Ltd., Constellium, STEINERT Global, COHEN, Stena Aluminum, Jain Resource Recycling Pvt. Ltd. and Real Alloy. Get Customization in the report as per your requirements + Exclusive Bundle & Multi-User Discounts: https://www.datamintelligence.com/customize/recycled-aluminum-market Market Segments: The detailed segmentation offered in the report will help customers get a clear idea about the market segments and the factors that will drive segmental growth. The Recycled Aluminum market has been segmented By Type (New, Old), By End-User (Building & Construction, Automotive, Electronics, Machinery & Equipment, Food & Beverages, Others) Research Process: Both primary and secondary data sources have been used in the global Recycled Aluminum Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges. Regional Outline for Recycled Aluminum Market: ⇥ North America (U.S., Canada, Mexico) ⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe) ⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific) ⇥ South America (Colombia, Brazil, Argentina, Rest of South America) ⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa) **The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted** This Report Covers: ✔ Go-to-market Strategy. ✔ Neutral perspective on the market performance. ✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status. ✔Customized regional/country reports as per request and country level analysis. ✔ Potential & niche segments and regions exhibiting promising growth covered. ✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer). Chapter Outline: ⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Recycled Aluminum market segments, study objectives, and years considered. ⏩ Market Landscape: The competition in the Global Recycled Aluminum Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies. ⏩ Companies Profiles: The global Recycled Aluminum market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production. ⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study. ⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Recycled Aluminum Market. ⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type. ⏩ Research Findings: This section of the report showcases the findings and analysis of the report. ⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided. Unlock Year-End Savings! Get Up to 30% Off: https://www.datamintelligence.com/buy-now-page?report=recycled-aluminum-market Frequently asked questions: ➠ What is the global sales value, production value, consumption value, import and export of Recycled Aluminum market? ➠ Who are the global key manufacturers of the Recycled Aluminum Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)? ➠ What are the Recycled Aluminum market opportunities and threats faced by the vendors in the global Recycled Aluminum Industry? ➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application? ➠ What focused approach and constraints are holding the Recycled Aluminum market? ➠ What are the different sales, marketing, and distribution channels in the global industry? Contact Us - Company Name: DataM Intelligence Contact Person: Sai Kiran Email: Sai.k@datamintelligence.com Phone: +1 877 441 4866 Website: https://www.datamintelligence.com About Us - DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology. Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele. This release was published on openPR.Former Manchester United and Lyon defender Rafael, aged 34, officially announced his retirement from professional football on Monday. The Brazilian full-back, known for his attacking prowess and tenacity on the pitch, brought an end to his playing career after a successful 16-year journey that saw him ply his trade in some of the top leagues in Europe.

In conclusion, the European Commission's survey of NVIDIA's business practices represents a key step in the ongoing efforts to regulate the tech industry and to uphold competition principles. The outcome of the survey will have implications not only for NVIDIA but for the entire digital ecosystem, shaping the future landscape of innovation and competition in Europe and beyond.

NoneAlibaba Cloud Computing Data Center Experiences Massive Fire; Hundreds Evacuate Safely - Official Response States No Impact on Cloud ServicesAs the world continues to witness unprecedented advancements in AI technology, Ma's insightful remarks shed light on the profound impact that AI is poised to have on society and the global economy. With Ant Group's expertise in fintech and digital payments, Ma highlighted the transformative power of AI to drive efficiency, enhance customer experiences, and unlock new opportunities for businesses across sectors.Services board starts budget talks, pitches 9.82% increase

LITTLETON, Colo. , Dec. 5, 2024 /PRNewswire/ -- CONX CORP. (OTC: CNXX) ("CONX") today announced the acquisition of a controlling interest in Red Technologies SAS ("RED Technologies"), through its wholly-owned subsidiary, RED Tech US, LLC, for a maximum purchase price of approximately EUR 18.6 million in cash, subject to certain adjustments. CONX acquired approximately 68% of RED Technologies' outstanding share capital at closing, with the remainder of the shares to be acquired in future installments based on the achievement of certain milestones. The executive team of RED Technologies, Pierre-Jean Muller (Co-Founder and CEO) and Michael Abitbol (Co-Founder and COO), will continue to manage the operations of RED Technologies, aimed at establishing the company as a viable alternative in the CBRS market. "The acquisition of RED Technologies by CONX is a pivotal milestone on our path to serve as a viable alternative to the current duopoly in the SAS space," said RED Technologies CEO P.J. Muller . "This partnership strengthens our ability to innovate and enhance the CBRS ecosystem for the benefit of all operators and stakeholders. With support and investment from CONX, we are poised to accelerate the development of cutting-edge features, such as GAA coexistence, Network Planner, and AI-based CBRS analytics, that align with our mission to support the FCC's vision and empower rural broadband and the nascent Private Network industry." "CONX was formed to invest in next generation connectivity opportunities and their supporting infrastructure assets," said CONX CEO Jason Kiser . "Through RED's unique opportunity as a technology enabler for spectrum allocation, we have positioned CONX to create long term value across multiple sectors. We look forward to RED becoming a best-in-class Spectrum Access System (SAS) operator with potential to grow throughout the United States and internationally." CONX also announced Marc Rouanne will join the RED Technologies board. Marc is the Co-Founder, Chairman and CTO of Edgescale AI, a SaaS developer focused on connecting cutting-edge AI with data and devices in physical systems. Most recently, he was the Chief Network Officer for DISH Wireless responsible for designing DISH's 5G Network. In addition, Marc has more than 20 years of international management experience in the telecommunications industry, having held executive positions in R&D, customer operations and product management in the U.S., France and Finland , including as President of Mobile Networks at Nokia and Chairman of the Board of Alcatel-Lucent. About CONX Corporation (OTC: CNXX) CONX is a diversified operating entity seeking opportunities to power the next generation of innovators in communications and connectivity. CONX's mission is to partner with emerging companies with quality management and strong and differentiated business models with the ability to scale quickly. About RED Technologies Established in 2012 and headquartered in Paris, France , RED Technologies SAS ("RED Technologies") specializes in spectrum-sharing technologies and services. The company offers scalable, cloud-based solutions for Citizens Broadband Radio Service (CBRS) and Television White Space (TVWS), catering to operators across various sectors, and provides operated 5G connectivity solutions that democratize access to 5G technology for companies aiming to modernize their communications infrastructure in both the U.S. and European markets. RED Technologies has been a pioneer in spectrum sharing technologies and actively contributed to the CBRS regulatory and standard developments. RED Technologies' team is constituted of first-class engineers coming from top tier telecom vendors and operators. Important Notice The description contained herein is neither an offer to purchase nor a solicitation of an offer to sell securities of CONX. Forward-Looking Statements This press release contains certain statements which may constitute "forward-looking statements." Actual results could differ materially from those projected or forecast in the forward-looking statements. The factors that could cause actual results to differ materially include, but are not limited to, the following: the possibility that the parties may be unable to achieve expected synergies and operating efficiencies pursuant to the transaction within the expected timeframes or at all and to successfully integrate Red Technologies' operations into those of CONX ; such integration may be more difficult, time consuming or costly than expected; revenues following the transaction may be lower than expected; operating costs, customer loss and business disruption (including, without limitation, difficulties in maintaining relationships with employees, customers, clients or suppliers) may be greater than expected following the transaction; the retention of certain key employees at Red Technologies; the parties' ability to meet expectations regarding the accounting and tax treatments of the transaction; CONX and Red Technologies are subject to intense competition; Red Technologies' products must remain compatible with, and its product development is dependent upon access to, changing operating environments; we may become dependent upon large transactions; customer decisions are influenced by general economic conditions; third parties may claim that RED Technologies' products infringe their intellectual property rights; fluctuations in non-U.S. currencies could result in transaction losses; acts of war and terrorism may adversely affect CONX's and RED Technologies' business; the volatility of the international marketplace; and the other factors discussed in "Risk Factors" in CONX's Registration Statement on Form S-1 filed with the Securities and Exchange Commission (the "SEC") on May 29, 2024 (as amended), and in other reports we file with the SEC, which are available at http://www.sec.gov . CONX expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in CONX's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof. View original content: https://www.prnewswire.com/news-releases/conx-corp-announces-acquisition-of-red-technologies-sas-302324446.html SOURCE CONX Corp.Wang Chuqin, known for his powerful shots and strategic gameplay, has consistently impressed fans and critics alike with his remarkable abilities on the table. His partnership with Sun Yingsha, a rising star in the world of women's table tennis, has been nothing short of extraordinary. Together, they have formed a formidable duo that is virtually unbeatable, securing victory after victory in major tournaments around the globe.