News
Governor Signs Bill to Make 21 Public Housing Developments Eligible for Federal Assistance
March 19, 2010 Posted by DHCR
Albany, NY - March 19, 2010 - (RealEstateRama) — Governor David A. Paterson has signed into law legislation authorizing the New York City Housing Authority (NYCHA) to restructure the ownership of 21 public housing developments as part of a comprehensive rehabilitations plan.
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Halvorson Supported Recovery Act Helps to Fund New Affordable Housing in Hopkins Par
March 19, 2010 Posted by Illinois RealEstateRama
March 19, 2010 - (RealEstateRama) — Working to bring affordable housing options and needed jobs to Kankakee, Rep. Debbie Halvorson (IL-11) joined State Senator Toi Hutchinson, State Representative Lisa Dugan, Mayor Samuel Payton, and other local officials and community members at the ground breaking of Sandstone Hills, a single-family rent-to-own community of 29 homes made possible by federal Recovery Act funding.”A critical part of the American Dream is the opportunity to have a home our families can call their own,” said Halvorson. “The funding provided by the Recovery Act I voted for will offer an opportunity for families to purchase homes they can afford, at a time when they need help the most.”
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Governor Beebe’s weekly column and radio address: Saving Money and Energy at Home
March 19, 2010 Posted by Arkansas RealEstateRama
March 19, 2010 - (RealEstateRama) — In Arkansas, the term “energy-efficiency” carries more and more meaning for us in our homes and our bank accounts with each passing day. Because of the federal stimulus program, Arkansas has $2.7 million for families who replace home appliances with new, ENERGY STAR models. ENERGY STAR is an international rating system developed by the Environmental Protection Agency and the Department of Energy. It lets consumers identify products that conserve energy use and save money on utility bills.
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AHFC to Finance New Senior Housing Facility in South Anchorage
March 19, 2010 Posted by Alaska RealEstateRama
ANCHORAGE, AK - March 19, 2010 - (RealEstateRama) — Friday, March 19, 2010 – Additional south Anchorage housing will soon be available for seniors. The Board of Directors for Alaska Housing Finance Corporation this week approved an $846,000 mortgage loan to Lumen Park Associates for a 20-unit low- to moderate- income independent senior housing project to be located on the east side of Lake Otis Parkway, near the southeast corner of Abbott Road and Lake Otis intersection.
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Mountain View in Anchorage to get Additional Low-Income Housing
March 19, 2010 Posted by Alaska RealEstateRama
ANCHORAGE, AK - March 19, 2010 - (RealEstateRama) — Friday, March 19, 2010 – The Board of Directors for Alaska Housing Finance Corporation Tuesday approved $1.9 million in mortgage loans for Cook Inlet Housing Authority (CIHA) to finance the development of the fourth phase of the Mountain View Village low-income family housing development. A total of 34 housing units will be built at three different locations, consisting of one- to four-bedroom units, renting for between $700 and $1,100 per month to qualified families.
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Justice Department Resolves Discrimination Lawsuit with Scranton, Pennsylvania, Apartment Complex
March 18, 2010 Posted by USDOJ
WASHINGTON, DC - March 18, 2010 - (RealEstateRama) — The United States has reached a settlement resolving a housing discrimination lawsuit in Pennsylvania concerning discrimination against families with children, the Justice Department announced.
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Orlando Man Sentenced in Multi-Million-Dollar Mortgage Fraud Scheme
March 18, 2010 Posted by Florida RealEstateRama
ORLANDO, FL - March 18, 2010 - (RealEstateRama) — U.S. Attorney A. Brian Albritton announces that U.S. District Judge G. Kendall Sharp today sentenced Mark J. Moncher (age 53, of Orlando) to 57 months in federal prison for conspiracy to commit mail and wire fraud in connection with a mortgage fraud scheme. The court also ordered Moncher to pay more than $1.9 million in restitution. Moncher had pleaded guilty on December 29, 2009.
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Three New Mexico Organizations Awarded Housing Grants
March 18, 2010 Posted by New Mexico RealEstateRama
WASHINGTON, DC - March 17, 2010 - (RealEstateRama) — U.S. Senator Jeff Bingaman today announced that three New Mexico organizations have been awarded federal grants to support efforts to revitalize and sustain community development and promote and preserve affordable housing for New Mexico residents.
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Heller Offers Homebuyers Amendment in Committee
March 18, 2010 Posted by Nevada RealEstateRama
Washington, DC - March 17, 2010 - (RealEstateRama) — Today U.S. Congressman Dean Heller (R-NV) offered an amendment in the House Ways and Means Committee on H.R. 4849, the Small Business and Infrastructure Jobs Tax Act of 2010. Heller’s amendment failed by vote of 15 to 22.
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OHFA Board approves over $19.3M of funds for affordable housing
March 18, 2010 Posted by OHFA
COLUMBUS, OH - March 17, 2010 - (RealEstateRama) — Today, the Ohio Housing Finance Agency (OHFA) Board approved over $19.3 million in funding for seven affordable housing developments. Approximately $11.5 million of funds approved were provided through the American Recovery and Reinvestment Act (ARRA).
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