Blog Page 1112

$625,000 GRANT TO HELP ALAMEDA COMMUNITY FOR HOMELESS

Stark hails funds for Alameda Point Collaborative to create job opportunities for formerly homeless. WASHINGTON, DC - September 23, 2009 - (RealEstateRama) -- Rep. Pete Stark (D-CA) today announced that the Alameda Point Collaborative (APC) has been awarded a $625,000 Community Economic Development grant from the Office of Community Services in the Department of Health and Human Services. APC is a community that provides housing and services to help formerly homeless families and individuals flourish.

Statement Regarding Purchases of Agency Mortgage-Backed Securities and Agency Debt

New York, NY - September 23, 2009 - (RealEstateRama) -- On Wednesday the Federal Open Market Committee announced that the Federal Reserve will purchase a total of $1.25 trillion of agency mortgage-backed securities and up to $200 billion of agency debt.

Reid Cosponsors Bill To Extend Homebuyer Credit For Six Months

Washington, DC - September 18, 2009 - (RealEstateRama) -- Senator Reid joined Senators John Ensign and Ben Cardin in cosponsoring a new bill that will extend the existing homebuyer tax credit of $8,000 for six more months.

Reid Cosponsors Bill To Extend Homebuyer Credit For Six Months

Washington, DC - September 18, 2009 - (RealEstateRama) -- Senator Reid joined Senators John Ensign and Ben Cardin in cosponsoring a new bill that will extend the existing homebuyer tax credit of $8,000 for six more months.

Specter and Casey announce HUD to Award Philadelphia Housing Authority $13.9 million to “Green”...

Washington, D.C. - September 21, 2009 - (RealEstateRama) -- U.S. Senators Arlen Specter and Bob Casey today announced that the Department of Housing and Urban Development (HUD) has awarded the Philadelphia Housing Authority $13,915,000 to complete a “green” public housing transformation to the Paschall Apartments.

Specter and Casey announce HUD to Award Philadelphia Housing Authority $13.9 million to “Green”...

Washington, D.C. - September 21, 2009 - (RealEstateRama) -- U.S. Senators Arlen Specter and Bob Casey today announced that the Department of Housing and Urban Development (HUD) has awarded the Philadelphia Housing Authority $13,915,000 to complete a “green” public housing transformation to the Paschall Apartments.

Hastings Introduces Legislation to Address Chronic Homelessness Nationwide

Washington, DC - September 23, 2009 - (RealEstateRama) -- Today, Congressman Alcee L. Hastings (D-Miramar) introduced the Support for Ending Long-Term Homelessness Act of 2009. This bill will establish a grant program to provide permanent supportive housing for chronically homeless individuals and families that have needs not addressed by traditional affordable housing. The companion bill has been introduced in the Senate by Senator Richard Burr (R-NC). (Please find attached a copy of the bill.)

Lieberman Applauds More Than $7.1 Million for CT Community Development and Job Growth

WASHINGTON, DC - September 23, 2009 - (RealEstateRama) -- Senator Joe Lieberman (ID-CT) today praised the release of $7,162,353 in Recovery Act funding to improve living conditions, provide affordable housing and create economic opportunities. These funds were distributed to eight municipalities across the state, as well as to the Connecticut Department of Economic and Community Development. The grants were released by the federal Department Housing and Urban Development as a part of the American Recovery and Reinvestment Act.

Specter, Casey Announce Senate Approval of Pennsylvania Housing Projects

Washington, D.C. - September 18, 2009 - (RealEstateRama) -- U.S. Senators Arlen Specter and Bob Casey today announced that the U.S. Senate has approved federal funding for several Pennsylvania housing projects.

Specter, Casey Announce Senate Approval of Pennsylvania Housing Projects

Washington, D.C. - September 18, 2009 - (RealEstateRama) -- U.S. Senators Arlen Specter and Bob Casey today announced that the U.S. Senate has approved federal funding for several Pennsylvania housing projects.

Want to learn about solar power? Join the Hampton Roads Solar Home Tour on...

Norfolk, VA - September 23, 2009 - (RealEstateRama) -- Keep Norfolk Beautiful, Solar Services, Inc., the Hampton Roads Green Building Council and Tidewater Business Association have teamed up with the American Solar Energy Society (ASES), bringing together more than 5,000 homes, schools and businesses – in Hampton Roads and across the U.S. –- to introduce neighbors to the solar technologies and green building methods they are using to

More than $17.8 million in stimulus funding awarded to Missouri for community development projects

September 22, 2009 - (RealEstateRama) -- U.S. Senator Claire McCaskill announced today that state of Missouri and 17 communities have been awarded a total of $17,819,557 in federal grant money through the Department of Housing and Urban Development’s (HUD) Community Development Block Grant Program (CDBG). The money was made available through the American Recovery and Reinvestment Act of 2009. The CDBG program helps states and local governments to undertake a wide range of activities intended to create suitable living environments, provide affordable housing and create economic opportunities.

Kildee Announces Nearly $1.7 in HUD Grants for Saginaw

Grants Will Help Revitalize Neighborhoods, Create Jobs and Combat Homelessness WASHINGTON, D.C. - September 23, 2009 - (RealEstateRama) -- Congressman Dale E. Kildee (D-MI) today announced that $1,690,524 in stimulus funding has been awarded to Saginaw through the American Recovery and Reinvestment Act (ARRA). This legislation passed the House of Representatives on February 13, 2009 with Congressman Kildee’s strong support and became law on February 17, 2009. Of this funding, $1,022,177 is being made available through the Homeless Prevention and Rapid Re-housing (HPRP) Program, and $668,347 of this funding is through the Community Development Block Grant (CDBG) Program.

DCA & HMFA Break Ground, Announce Opening of Affordable Housing Projects in Franklin Township

FRANKLIN TWP., NJ - September 18, 2009 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Acting Commissioner Charles A. Richman and New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia today joined local officials to break ground on Franklin Boulevard Commons

EBS acquired its 63rd property with the closing of Advantage Storage in Rockwall, Texas

Dallas, TX - September 17, 2009 - (RealEstateRama) -- Equity Based Services, Inc. (“EBS”) announced today that they have purchased Advantage Storage in Rockwall, TX.

SENATORS SNOWE, COLLINS ANNOUNCE $876,120 IN HOMELESSNESS PREVENTION FUNDING FOR PORTLAND

September 23, 2009 - (RealEstateRama) -- U.S. Senator Olympia J. Snowe and U.S. Senator Susan Collins today announced that the U.S. Department of Housing and Urban Development has awarded $876,120 in homelessness prevention grant funding to the City of Portland. The funding will be used to help re-house families who have fallen into homelessness in Maine.The funding is being distributed through the American Recovery and Reinvestment Act of 2009. Senators Snowe and Collins worked with a bipartisan group of senators to craft the legislation that became law in February

Bayh Announces $9 Million in Grants for Community Development in Indiana

Washington, DC - September 23, 2009 - (RealEstateRama) -- Senator Evan Bayh today announced that Indiana will receive more than $9 million in grants from the U.S. Department of Housing and Urban Development (HUD) to expand affordable housing and improve local communities. The funds were awarded through the American Recovery and Reinvestment Act as part of the Community Development Block Grant (CDBG) program.

Hare Announces $306,026 in Recovery Act Funds for Community Development Block Grants in Rock...

September 23, 2009 - (RealEstateRama) -- Congressman Phil Hare (D-IL) today announced that the U.S. Department of Housing and Urban Development has awarded the city of Rock Island $306,026 from the American Recovery and Reinvestment Act though the Community Development Block Grant (CDBG) program.

Hare Announces Over $1 Million in Recovery Act Funds to Prevent Homelessness in Decatur,...

September 23, 2009 - (RealEstateRama) -- Congressman Phil Hare (D-IL) today announced that the U.S. Department of Housing and Urban Development has awarded Decatur $623,309 and Springfield $516,191 from the American Recovery and Reinvestment Act through the new Homeless Prevention and Rapid Re-housing Program (HPRP).These grants offer communities a resource to provide short- and medium-term rental assistance and services to prevent individuals and families from becoming homeless or to quickly re-house those who are experiencing homelessness.

California Receives Largest State HPRP Funding Allocation in the United States

September 22, 2009 - (RealEstateRama) — Governor Arnold Schwarzenegger today announced that the California Department of Housing and Community Development (HCD) awarded $42.7 million in American Recovery and Reinvestment Act (Recovery Act) funding from the federal Homeless Prevention and Rapid Re-Housing Program (HPRP) to 31 agencies and local governments in California. The funding is federally [...]

Several Arizona Communities to Receive CDBG Grants through Recovery Act

Washington, D.C. - September 23, 2009 - (RealEstateRama) -- Congressman Raúl M. Grijalva is pleased to announce that several communities in Congressional District 7 have been awarded grants from the U.S. Department of Housing and Urban Development (HUD) for public housing under the American Reinvestment and Recovery Act (ARRA)

Homebuyers Offered Homeownership Assistance Information Session in Spanish

September 23, 2009 - (RealEstateRama) -- Potential homebuyers may qualify for $15,000 in down payment and closing cost assistance to help buy a foreclosed single family home, townhouse or condominium in the city of Phoenix

Melinda Katz Endorses David Yassky for Comptroller

New York, NY - September 18, 2009 - (RealEstateRama) -- Council Member and former candidate for Comptroller Melinda Katz today endorsed Council Member David Yassky for New York City Comptroller.

DCA & HMFA Welcome Cherry Hill to Live Where You Work Homebuyer Program

CHERRY HILL TWP., N.J. - September 15, 2009 - (RealEstateRama) -- Cherry Hill Township Mayor Bernie Platt today joined New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia at the Township Municipal Building, 820 Mercer Street, to announce that Cherry Hill is the newest member of the Live Where You Work Program.

Rep. Kratovil to Host Foreclosure Prevention Workshop

September 22, 2009 - (RealEstateRama) -- U.S. Rep. Frank Kratovil will be hosting a foreclosure prevention workshop this Saturday afternoon at Maces Lane Middle School in Cambridge, MD. The workshop is open to any residents of Maryland’s First Congressional District currently facing or at risk of facing foreclosure. Counselors and representatives of major lenders will be on hand to meet with attendees individually to discuss what options are available to help homeowners stay in their home.

Manteca Mother-Daughter Real Estate Team Arrested in Estimated $5 Million Mortgage Fraud Scam

SACRAMENTO, CA - September 22, 2009 - (RealEstateRama) -- United States Attorney Lawrence G. Brown announced today that a criminal complaint was filed this morning charging IRENE SOTIRIADIS, 23, and HELEN SOTIRIADIS, 49, both of Manteca, with conducting a mortgage fraud scheme from March 2006 through November 2007 that caused losses to lenders estimated at approximately $5 million. Arrest warrants were issued Sunday afternoon by United States Magistrate Judge Gregory G. Hollows after a special agent of the FBI received information that the two suspects may have been intending to flee to Greece.

Georgia Department of Banking and Finance’s Order to Cease and Desist Issued to Atlanta...

Atlanta, GA - September 22, 2009 - (RealEstateRama) -- On September 21, 2009, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Atlanta Home Modification Services, LLC d/b/a Atlanta Home Mods located at 1588 Atkinson Road, Suite 106, Lawrenceville, Georgia, 30043 became final.This Order to Cease and Desist was issued by the Department after it obtained evidence that Atlanta Home Modification Services, LLC d/b/a Atlanta Home Mods engaged in residential mortgage brokering activities without a license or under an applicable exemption in violation of O.C.G.A. § 7-1-1002.

Governor Bobby Jindal Announces Appointments to the Life Safety and Property Protection Advisory Board

BATON ROUGE, LA - September 22, 2009 - (RealEstateRama) -- Governor Bobby Jindal announced appointments to the Life Safety and Property Protection Advisory Board. The Louisiana Life Safety and Property Protection Advisory Board shall advise the state fire marshal in matters relating to the regulation of the certifying, inspecting, installation, integrating, selling, and servicing of life safety and property protection systems and equipment and to prohibit the use of life safety and property protection systems and equipment which are not properly labeled in accordance with the rules adopted by the state fire marshal in the interest of safeguarding lives and property.

$4 Million Community Foundation Loan to Spur Affordable Rental Housing in Palm Beach and...

Loan to Florida Community Loan Fund is one of the largest of its type among community foundations. ORLANDO, FL - September 22, 2009 - (RealEstateRama) -- In response to the growing need for affordable rental housing, the Community Foundation for Palm Beach and Martin Counties http://www.yourcommunityfoundation.org announced today an unprecedented $4 million low-interest loan to the Florida Community Loan Fund (FCLF) http://www.fclf.org/ , a nonprofit statewide lending institution. This investment in affordable housing is one of the largest ever made nationwide by a community foundation to a Community Development Finance Institution[i]. The announcement took place at the Florida Housing Coalition's statewide affordable housing conference in Orlando.

Representative Fudge To Host Foreclosure Prevention Clinic

CLEVELAND, OH - September 21, 2009 - (RealEstateRama) -- Representative Marcia L. Fudge (OH-11) will host a free foreclosure prevention clinic at the Five Pointe Community Center on Tuesday, September 22.

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As spring weather sets in, some shoreland property owners in Northern Wisconsin are discovering Mother Nature has changed the look of their waterfront due to shifting ice over the winter months