Playhouse District Association Upcoming Leadership Change

first_imgCommunity News Playhouse District Association Upcoming Leadership Change From STAFF REPORTS Published on Friday, April 1, 2016 | 5:35 pm Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS More Cool Stuff Community News Subscribe Business News Name (required)  Mail (required) (not be published)  Website  Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday HerbeautyStop Eating Read Meat (Before It’s Too Late)HerbeautyHerbeautyHerbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeautyHerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeautyHerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeautyHerbeautyBohemian Summer: How To Wear The Boho Trend RightHerbeautyHerbeauty Community Newscenter_img Make a comment The Playhouse District Association’s (PDA) Executive Director, Erlinda Romo, has announced she is resigning in order to pursue other interests and semi-retire effective June 14, 2016. The PDA is in the process of searching for the next executive director. “For the past 9 years Erlinda has developed and fostered a strong partnership between the City of Pasadena and various business institutions, residents, organizations and individuals that have interests within the District,” said Brian Baker, chair of the PDA board. “Erlinda’s talents and contributions will be missed.”The PDA’s mission to promote the economic vitality of the Playhouse District as Pasadena’s Center for Culture, Commerce and Community has progressed significantly under the leadership of Erlinda Romo, who has served at the helm since January 2007.Key projects implemented during Erlinda’s tenure include: several innovative public art installations: crosswalk art, utility box art, temporary store front art; banners; holiday décor; iconic special events such as ArtWalk, Make Music Pasadena and Long Table; General Plan advocacy; economic development initiatives; community outreach and partnerships; a new website; social media activation; newsletters; district branding; and parks and parking initiatives. The results of the Association’s endeavors are evident with the increased pedestrian traffic, retail and restaurant growth, and the general feeling of vitality in the Playhouse District.Erlinda Romo has worked in the economic development field since 1982 and dedicated most of her professional career in the downtown association management field. She served on the Board of the California Downtown Association and was president of the Association in 1991. Erlinda was the first Executive Director for Old Pasadena in the early 1990’s, worked for two City of Pasadena departments: Arts Division and Economic Development. Prior to working for the Playhouse District Association Erlinda worked as the San Gabriel Economic Development Specialist where she promoted economic development activities, and lead the development of the Mission District Specific Plan, in addition to authoring the Economic Development Section of the City’s General Plan.Prior to Erlinda’s departure from the Association several PDA events and activities will occur including: the April 5 Annual Meeting; the installation of new art on the Colorado utility boxes; a Wine Walk on May 7; the final steps to the renewal of the property-based business improvement district; and Make Music Pasadena on June 11.About the PDA:The PDA is a property based business district encompassing 32 blocks in the heart of Downtown Pasadena incorporated in 1995. For more information on the PDA visit First Heatwave Expected Next Week Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Top of the News 3 recommended0 commentsShareShareTweetSharePin it faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksCitizen Service CenterPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Your email address will not be published. Required fields are marked * Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Despite Pandemic, Fewer Homeowners Missing Payments

first_imgHome / Daily Dose / Despite Pandemic, Fewer Homeowners Missing Payments Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: The Sky’s the Limit With SFR Next: How Parents Feel About the Homes They Lead Servicers Navigate the Post-Pandemic World 2 days ago 24 days ago 719 Views in Daily Dose, Featured, Journal, News The Week Ahead: Nearing the Forbearance Exit 2 days ago Share Save COVID-19 Edward Seiler Gary V. Engelhardt Michael D. Eriksen Mortgage Bankers Association (MBA) Research Institute for Housing America (RIHA) 2021-05-06 Eric C. Peck Eric C. Peck has 20-plus years’ experience covering the mortgage industry, he most recently served as Editor-in-Chief for The Mortgage Press and National Mortgage Professional Magazine. Peck graduated from the New York Institute of Technology where he received his B.A. in Communication Arts/Media. After graduating, he began his professional career with Videography Magazine before landing in the mortgage space. Peck has edited three published books and has served as Copy Editor for Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Servicers Navigate the Post-Pandemic World 2 days agocenter_img About Author: Eric C. Peck Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Related Articles Demand Propels Home Prices Upward 2 days ago The Mortgage Bankers Association’s (MBA) Research Institute for Housing America (RIHA) found that slightly under five million households did not make their rent or mortgage payments in March 2021, an improvement from data recorded in December 2020, and the lowest number since the onset of the COVID-19 pandemic“Housing-Related Financial Distress During the Pandemic,” RIHA’s study co-authored by Gary V. Engelhardt, Professor of Economics in the Maxwell School of Citizenship and Public Affairs at Syracuse University, and Michael D. Eriksen, Associate Professor of Real Estate at the University of Cincinnati, found that 7.7% of renters (2.56 million households) missed, delayed, or made a reduced payment in March 2021, while 4.9% homeowners (2.33 million) missed their mortgage payment.”The rapidly improving economy and labor market, increased vaccination rates, and promising trend of declining COVID-19 cases all bode well for those who are still facing unemployment or underemployment because of the pandemic,” said Engelhardt. “However, millions of families are still facing economic distress, despite improving conditions since last March.”Overall, 23.7% of renters and 14.2% of homeowners have missed at least one housing payment during the pandemic, but only 8.6% of renters and 6.8% of homeowners missed more than two payments.The report found that landlords continue to play a key role in helping renters, with 76.3% of renters making all their rental payments over the last 12 months, 10.7% having missed one payment, 4.4% missing two payments, 2.5% missing three payments, and 6.1% missing four or more payments. On average, in Q1, 9.8% of renters received permission from their landlord to delay or reduce their monthly payment.Rental property owners reportedly lost as much as $7.85 billion in Q1 revenue from missed rent payments, up from over $7.41 billion in Q4. Over the past year, aggregate missed rental payments have reached $35 billion.RHIA’s analysis concluded 85.8% of homeowners made all their mortgage payments, with 5.6% missing just one payment, 1.8% missing two payments, 1.4% missing three payments, and 5.4% missing four or more payments. On average, in Q1 of 2021, 16.0% of homeowners received permission from their lender to delay or reduce their monthly payment (by week), down from 17.8% in Q4 of 2020. In aggregate, total missed mortgage payments were estimated to be approximately $13.2 billion for Q1 of 2021, versus $14.5 billion for Q4 of 2020. Over the first year of the pandemic, aggregate missed mortgage payments reached almost $68 billion.Of those receiving unemployment insurance (UI) benefits, the number of renters rose from 3% at the beginning of April 2020 to 7% by the end of September. UI benefits have trended down very slowly since, to just over 6% in the first two weeks of April 2021. The share of homeowners receiving unemployment benefits has trended slightly down to approximately 7% in the first two weeks of April 2021.”The expected acceleration in hiring and economic growth during the rest of the year should help most affected households resume their housing and student debt payments before expanded unemployment benefits expire at the end of September,” said Edward Seiler, Executive Director of the RHIA, and MBA’s AVP of Housing Economics.Click here to view RHIA’s “Housing-Related Financial Distress During the Pandemic” report. Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Despite Pandemic, Fewer Homeowners Missing Payments Tagged with: COVID-19 Edward Seiler Gary V. Engelhardt Michael D. Eriksen Mortgage Bankers Association (MBA) Research Institute for Housing America (RIHA) Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more