Blog Page 1112

Former Jersey City Housing Department Employee Indicted for Allegedly Accepting $50,000 in Corrupt Payments

NEWARK, NJ - January 12, 2010 - (RealEstateRama) -- A former Jersey City Housing Department employee was indicted today on charges in connection with his acceptance of $50,000 in corrupt cash payments in exchange for his official influence and assistance on real estate development matters in Jersey City, U.S. Attorney Paul J. Fishman announced.

Sanders Announces State’s Largest Solar Water Project

BURLINGTON, VT - January 13, 2010 - (RealEstateRama) -- Sen. Bernie Sanders (I-Vt.) went to the Salmon Run Apartments today to announce a project to install solar water heaters here and at three other Vermont affordable housing developments.

HUD Awards $447,000 in Grants to Housing Authorities in Texas to Help Public Housing...

FORT WORTH, TX - January 12, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded a total of $477,106 to eight Texas housing authorities to help public housing residents find jobs that lead them toward economic independence. A list of the grantees and amounts follows.

Funds Available for Existing Emergency Housing Shelters

Pierre, SD - January 12, 2010 - (RealEstateRama) -- South Dakota Housing Development Authority (SDHDA) is now accepting applications for the Emergency Shelter Grants Program.

New Fed Report on Affordability and Availability of Rental Housing in Pennsylvania

Glenside, PA - January 12, 2010 - (RealEstateRama) -- This past December, the Federal Reserve Bank of Philadelphia published a new study on rental housing in Pennsylvania.

Ortiz Announces $50k Grant For Cameron County Housing Authority

WASHINGTON, DC - January 12, 2010 - (RealEstateRama) -- Today, U.S. Rep. Solomon P. Ortiz (D-Texas) announced that the Cameron County Housing Authority received $50,565 from the Department of Housing and Urban Development.

EastGroup Properties Acquires Two Buildings in Charlotte for $5.3 Million

Jackson, MS - January 14, 2010 - (RealEstateRama) -- EastGroup Properties (NYSE-EGP) today announced the acquisition of two business distribution buildings containing 193,000 square feet in Charlotte, North Carolina for a combined purchase price of $5,250,000. The buildings, which will be renamed Commerce Park 2 and 3, are located in Charlotte's southwest submarket. They were constructed in 1981 and 1987 and are presently 87% occupied by nine customers. The buildings are projected to generate an annualized 11.7% yield at their current occupancy and rents.

Meeting of the Kentucky Asset/Liability Commission, State Property and Buildings Commission

FRANKFORT, KY - January 14, 2010 - (RealEstateRama) -- The Kentucky Asset/Liability Commission (ALCo) will hold a meeting on Friday, Jan. 15, 2010 at 2:00 p.m. in Room 182 of the Capitol Annex, Frankfort, Kentucky, 40601. Immediately following adjournment of the ALCo meeting, the State Property and Buildings Commission will convene (approximately 2:15 p.m.) in Room 182 of the Capitol Annex, Frankfort, Kentucky.

$38 Million for Central Park Revitalization

Washington, DC - January 14, 2010 - (RealEstateRama) -- In one of the most significant investments for the Tampa Bay region under the American Recovery and Reinvestment Act, Tampa Housing Authority is receiving $38 million to revitalize the Central Park Village area and transform it into a new community that will uplift this historic neighborhood and create hundreds, if not thousands, of jobs. Since last year, Congresswoman Kathy Castor has pressed officials from the U.S. Department of Housing and Urban Development to award this money to the residents in the heart of Tampa through Tampa Housing Authority. Just last week, Castor urged HUD Secretary Shaun Donovan to invest in redeveloping Central Park Village and bolster our economic recovery.

Two associations of REALTORS offer REALTOR iPhone application through customized My AOR app

LOS ANGELES, CA - January 14, 2010 - (RealEstateRama) -- Real Estate Mobile Technologies LLC (REMT), the New Jersey Association of REALTORS® (NJAR), and the North-Shore Barrington Association of REALTORS® (NSBAR) today announced the launch of NJAR and NSBAR Stats, the localized versions of My AOR. My AOR is the first native iPhone application developed for REALTOR® associations nationwide. The mobile application is available at no charge for members of NJAR and NSBAR. Designed for the iPhone/iTouch, My AOR features: Current loan information; association resources; the ability to search for education courses; hot item news alerts; and links to information that may be of interest to association directors.

Shimkus Announces LIHEAP Funding; Calls on Obama to Release More Funds

Washington, DC - January 14, 2010 - (RealEstateRama) -- Congressman John Shimkus (R, Illinois-19) has co-signed a letter with 112 of his colleagues, both Republicans and Democrats, to President Obama asking that Low Income Home Energy Assistance Program (LIHEAP) contingency funds be released

Congressman Al Green laments the tragedy in Haiti and collaborates in the relief efforts...

Washington (DC) - January 13, 2010 - (RealEstateRama) -- Today, Congressman Al Green (TX-09) expressed his deep condolences to the people of Haiti in the wake of a 7.0 magnitude earthquake that devastated the capital of Port-Au-Prince on Tuesday. The Congressman also pledged to cooperate with federal and local authorities to assist with the relief efforts they are coordinating.

Congressman Al Green Announces New Job Training Grants to Assist Unemployed Workers in Houston

Washington (DC) - January 14, 2010 - (RealEstateRama) -- January 13, 2010 - Today, Congressman Al Green (TX-09) announced $3.1 million in new grant funding authorized by the American Recovery and Reinvestment Act to assist unemployed workers in Houston.

CT REIA Monthly Meeting with Robyn Thompson: Real Estate Rehab Queen | 01.25.10

CT REIA and Robyn Thompson presents: Robyn Thompson – Learn how to buy, renovate, and sell single and multifamily homes for huge profits. Robyn Thompson is the leading expert in buying, renovating and selling single and multifamily homes for huge profits. Robyn has renovated and sold over 235 homes!

Washington DFI Enters A Consent Order With King County Resident And Real Estate Developer...

OLYMPIA, WA - January 11, 2010 - (RealEstateRama) -- The Washington State Department of Financial Institutions (DFI) Securities Division obtained a Consent Order from King County resident Michael Robert Mastro today.

$95,893 to Iowa for Housing

WASHINGTON, DC - January 13, 2010 - (RealEstateRama) -- Senator Chuck Grassley said today that the U.S. Department of Housing and Urban Development has awarded grants totaling $95,893 to the Des Moines Municipal Housing Agency and the Eastern Iowa Regional Housing Authority through the Family Self Sufficiency Program.

California New-Home Market Dips Slightly in November, CBIA Announces

SACRAMENTO, CA - January 13, 2010 - (RealEstateRama) -- The pace of home sales at California new-home communities was slightly lower than levels seen a year ago, the California Building Industry Association reported today

Governor Schwarzenegger Announces First-in-the-Nation Statewide Green Building Standards Code

January 13, 2010 - (RealEstateRama) -- Continuing California’s efforts to fight climate change and protect the environment, Governor Arnold Schwarzenegger today announced the California Building Standards Commission unanimously adopted the first-in-the-nation mandatory Green Building Standards Code (CALGREEN) requiring all new buildings in the state to be more energy efficient and environmentally responsible. Taking effect on January 1, 2011, these comprehensive regulations will achieve major reductions in greenhouse gas emissions, energy consumption and water use to create a greener California

Parnell Submits Veterans Loan Legislation

Juneau, AKL - January 13, 2010 - (RealEstateRama) -- Governor Sean Parnell today transmitted legislation to renew the Veterans Mortgage Loan program. If passed by the Legislature, voters in the 2010 general election would be asked to approve $800 million of state-guaranteed bonds. The bonds would be issued by the Alaska Housing Finance Corporation for the purchase of mortgage loans made to qualifying military veterans.

HUD Awards Grants to Housing Authorities in Missoula, Montana to Help Public Housing Residents...

WASHINGTON, DC - January 12, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded the Missoula Housing Authority $68,000 in Missoula, MT to help public housing residents find jobs that lead them toward economic ...

Area Housing Rehab Program Being Expanded in Fairmont With New Grant

Fairmont, WV - January 12, 2010 - (RealEstateRama) -- The Fairmont-Morgantown Housing Authority (FMHA) announced this evening that it will be able to further expand its successful owner-occupied housing rehabilitation initiative, thanks to a new grant from the Federal Home Loan Bank of Pittsburgh (FHLBank).

Congressman Tonko Announces Funding To Help Cohoes, Schenectady And Troy Housing Authorities Hire Workers

ALBANY, N.Y. - January 12, 2010 - (RealEstateRama) -- Congressman Paul Tonko today announces the Housing and Urban Development’s (HUD) release of funding for the Family Self Sufficiency Program.

Loudoun County Seeking Proposals for Community Services Block Grant

Leesburg, VA - January 12, 2010 - (RealEstateRama) -- Loudoun County is requesting proposals for Loudoun’s Community Services Block Grant (CSBG) for Fiscal Year 2010-2011.

Congressman Blunt Announces $942,000 for Homeless Assistance in Springfield & Joplin

Washington, DC - January 12, 2010 - (RealEstateRama) -- Southwest Missouri Congressman Roy Blunt announced today grants totaling more than $942,009 to six local agencies that provide programs for homeless families and individuals. The Consortium of Care Homeless Assistance program provides grants for transitional housing, permanent housing and support services. Funding is awarded in an annual national competition.

Constitutional Property Tax Caps Pass House, Advance To Senate

STATEHOUSE - January 12, 2010 - (RealEstateRama) -- Representative Jack Lutz (R-Anderson) released the following statement today in response to the passage of HJR1, the constitutional amendment to permanently cap homeowners' property taxes. The measure passed the House by a vote of 75 to 23.

Schock Joins Bipartisan Effort to Urge President to Release LIHEAP Funds

Washington, DC - January 12, 2010 - (RealEstateRama) -- Congressman Aaron Schock (R-IL) joined 132 of his colleagues in writing to President Barack Obama this week, requesting he release emergency funds from the Low Income Home Energy Assistance Program (LIHEAP).

Kansas Housing Awards $62.4 Million in Recovery Act Funds for Construction of Affordable Rental...

ARRA Created Programs Help Finance 26 Housing Developments, 842 Rental Units Statewide. Topeka, KS - January 12, 2010 - (RealEstateRama) -- Kansas Housing Resources Corporation (KHRC) has awarded $62.4 million in stimulus funds to support the construction of 842 affordable rental housing units statewide. The funds come from the Tax Credit Exchange Program (CEP) and the Tax Credit Assistance Program (TCAP), two initiatives established in the American Recovery and Reinvestment Act (ARRA) to create housing for the nation’s lowest income residents.

Florida Housing Launches Green Building Website

TALLAHASSEE, FL - January 12, 2010 - (RealEstateRama) -- Florida Housing Finance Corporation (Florida Housing) recently launched a new Web site aimed at encouraging green building practices in affordable housing across the state of Florida. The site,, is another example of Florida Housing’s recent push to “Go Green.”

Congresswoman Laura Richardson Announces that HUD is Set to Provide $6.15 Million to Combat...

WASHINGTON, DC - January 12, 2010 - (RealEstateRama) -- With the dramatic increase in homeless families caused by the current economic downturn affecting California and the nation, Congresswoman Laura Richardson is pleased to announce that the U.S. Department of Housing and Urban Development (HUD) is providing $6,152,772 to the City of Long Beach for preventing and decreasing homelessness.

calREDD, the statewide Multiple Listing Service, launches in Lake County

LOS ANGELES, CA - January 12, 2010 - (RealEstateRama) -- calREDD™ today announced that members of the Lake County Association of REALTORS® now can view properties for sale, place listings, prepare CMAs, and access agents for referrals via calREDD™, the statewide Multiple Listing Service (MLS), which officially launched in Lakeport, Calif. today



Ways and Means Democrats Question Possibility of Politically-Motivated IRS Overreach

U.S Representative Bill Pascrell, Jr. (D-NJ-09) and 10 Democratic members of the Ways and Means Committee sent a letter to Internal Revenue Service (IRS) Acting Commissioner David Kautter requesting an explanation for the agency’s decision to create restrictions on the prepayment of 2017 property taxes that are not included in the Tax Cuts and Jobs Act of 2017 (TCJA).