Archive for May, 2009
April sales and price report
May 29, 2009 Posted by CAR
C.A.R. reports April home sales increased 49.2 percent, median home price declined 36.5 percent. LOS ANGELES, CA – May 29, 2009 – (RealEstateRama) — Home sales increased 49.2 percent in April in California compared with the same period a year ago, while the median price of an existing home declined 36.5 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.
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US Industrial REIT III Acquires Home Depot USA Distribution Facility In California’s Central Valley
May 29, 2009 Posted by USAA
May 29, 2009 – (RealEstateRama) — US Industrial REIT III, an affiliate of USAA Real Estate Company, announced the recent acquisition of a 657,600-square-foot Class A bulk distribution facility occupied by specialty retailer, Home Depot USA, Inc. in Tracy, California on a 15 year lease for an undisclosed sum.
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Hines’ 75 Hawthorne Awarded Gold Certification Under LEED For Existing Buildings Program
May 29, 2009 Posted by Hines
SAN FRANCISCO, CA – May 29, 2009 – (RealEstateRama) — The San Francisco office of Hines, the international real estate firm, announced today that 75 Hawthorne at Hawthorne Plaza is the first multi-tenant office building in San Francisco to receive Gold certification under the U.S. Green Building Council’s LEED® for Existing Buildings rating system. 75 Hawthorne is a 20-story Class A office building that is owned and managed by Hines.
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Governor Announces Filing Deadline Extended For Homestead Rebate And Senior Freeze Program Applications
May 29, 2009 Posted by New Jersey RealEstateRama
TRENTON, NJ – May 29, 2009 – (RealEstateRama) — Governor Jon S. Corzine today announced that the deadline for New Jersey’s senior and disabled homeowners to file 2008 Homestead Rebate applications has been extended to August 17, 2009. The deadline for filing a 2008 Senior Freeze (Property Tax Reimbursement) application has also been extended to August 17. The original deadline for filing 2008 applications for both programs was June 1, 2009.
$40 Million in Federal Tax Credit Assistance for Low Income Housing Development Announced
May 29, 2009 Posted by New Jersey RealEstateRama
UNION CITY, NJ – May 28, 2009 – (RealEstateRama) — Governor Jon S. Corzine today lauded the announcement by Department of Community Affairs (DCA) Commissioner Joseph Doria of the award of $19.5 million in federal Low Income Housing Tax Credit Funds (LIHTC) and the designation of $20.6 million in American Recovery and Reinvestment (ARRA) funding through the Tax Credit Assistance Program (TCAP) that will spur the creation of 879 new housing units throughout the state.
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USDA Rural Development Awards More Than $14.8 Million in Recovery Act Funding to 10 New York Water Projects
May 29, 2009 Posted by New York RealEstateRama
SYRACUSE, NY – May 28, 2009 – (RealEstateRama) — Agriculture Secretary Tom Vilsack today announced that 10 New York water and wastewater projects will receive $14,869,400 through the American Recovery and Reinvestment Act (ARRA).
Enterprise to Use $95 Million Recovery Act Allocation as Cataylst for Green Development, Job Creation
May 29, 2009 Posted by Maryland RealEstateRama
Green Communities New Markets Tax Credit Program Launched. Columbia, MD – May 29, 2009 – (RealEstateRama) — Through its subsidiary, ESIC New Markets Partners LP, Enterprise Community Investment, Inc. (Enterprise) received $95 million in New Markets Tax Credit (NMTC) authority from the U.S. Treasury Department’s Community Development Financial Institutions Fund. Enterprise is one of 32 Community Development Entities (CDEs) receiving an allocation of the $1.5 billion in NMTC awards as part of the American Recovery and Reinvestment Act of 2009. This new allocation brings Enterprise’s total NMTC awards to $610 million, $515 million of which has previously been invested in low-income communities nationwide.
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Stemming Foreclosures and Keeping Families in Their Homes
May 29, 2009 Posted by Michigan RealEstateRama
WASHINGTON, DC – May 29, 2009 – (RealEstateRama) — Foreclosures continue to drag down our economy, and Michigan has one of the worst foreclosure situations in the nation. To address this issue, Congress passed and President Obama recently signed into law the Helping Families Save Their Homes Act of 2009.
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SDHDA Awards $8.5 Million in Housing Development and Rehabilitation Funding
May 29, 2009 Posted by SDHDA
PIERRE, SD – May 29, 2009 – (RealEstateRama) — The South Dakota Housing Development Authority’s (SDHDA) Board of Commissioners recently approved more than $2.5 million in Housing Tax Credits, $4.9 million in HOME Investment Partnerships Program, and $1.1 million in Neighborhood Stabilization Program funding that will help finance eleven developments across South Dakota.
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STATE OF MICHIGAN TO BREAK GROUND IN TAYLOR
May 29, 2009 Posted by ProVisions
TAYLOR, MI – May 29, 2009 – (RealEstateRama) — ProVisions, LLC and the State of Michigan will host a groundbreaking ceremony at 10 a.m. on June 2, 2009 to announce the Taylor Business Center as the Michigan Department of Human Services’ new office facility. The ceremony will take place at the Taylor Business Center’s location at 25637 Ecorse Road in Taylor, Michigan. The event’s speakers include Ismael Ahmed, State of Michigan Director of the Department of Human Services, and Murray D. Wikol – ProVisions, LLC President and CEO.
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