People and Property: NH Real Estate and Construction News Rundown

Prevailing wage survey being conducted by Labor Department … and more

CATCH Neighborhood Housing has received a $20,000 grant from the Lincoln Financial Foundation in support of the collaborative housing education program, HOMEteam, a partnership between CATCH, NeighborWorks Southern New Hampshire and Lakes Region Community Developers to provide Granite State residents with tools and education for purchasing, renting and maintaining a home.

 

CHA Consulting Inc. has acquired Daedalus Projects Inc., a project and construction management firm based in downtown Boston. CHA has an office in Keene, NH.

 

The U.S. Department of Labor’s Wage and Hour Division is conducting a statewide survey of New Hampshire highway construction projects that occurred between Nov. 1, 2017, and Oct. 31, 2018, to establish prevailing wage rates, as required under the Davis-Bacon and Related Acts. The data collection initiative is not limited to federally funded construction projects.

“Participation in the survey by contractors and other interested parties is crucial to the wage-setting process. Davis-Bacon prevailing wage rates should reflect the actual wages and fringe benefits paid to construction workers in the county where the work takes place,” said Wage and Hour Division Northeast Deputy Regional Administrator Maria Rosado. “Full participation will allow us to provide accurate prevailing wages and to create a complete wage determination which, in turn, will reduce the need for contractors to request additional classifications.”

WHD is sending notification letters and data collection forms (WD-10s) to interested parties and contractors known to WHD. Data must be postmarked by Sept. 6, 2019, to be included.

To complete the survey electronically, click here.

 

Franklin Savings Bank has been selected to participate in the Federal Home Loan Bank of Boston’s Equity Builder Program, which assists homebuyers with down payment and closing costs, as well as homebuyer counseling and rehabilitation support.

The $3.6 million program provides grants to financial institutions to assist households at or below 80 percent of the area median income. Borrowers are eligible to receive up to $15,000 in assistance on a first-come, first-serve basis. In addition, eligible buyers must complete a homebuyer counseling program.

 

Ruth Hamilton of LinWood Real Estate’s Littleton office has been named to Coldwell Banker’s International Diamond Society, an honor given to the top 15 percent of sales associates worldwide in the Coldwell Banker system.

 

Market Square Architects, with offices in Portsmouth and Austin, Texas, has hired Vernon Apgar as a project coordinator. He is currently working on projects for Haigh-Farr in Bedford and Revision Military’s U.S. headquarters at Pease.

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