Blog Page 1114

CASTLE URGES THE PRESIDENT TO RELEASE HEATING ASSISTANCE FUNDS

Washington, DC - January 7, 2010 - (RealEstateRama) -- Today, Delaware Congressman Mike Castle urged President Obama to release additional heating assistance funds for those who are struggling to keep their families warm this winter. Under the Low-Income Home Energy Assistance Program (LIHEAP), the President is authorized to provide approximately $590 million nationwide in contingency funding under certain economic conditions

Governor Bobby Jindal Announces the Appointment of Roy Burst to the State Board of...

BATON ROUGE, LA - January 7, 2010 - (RealEstateRama) --Today, Governor Bobby Jindal announced the appointment of Roy Burst to the State Board of Home Inspectors. The State Board of Home Inspectors serves to regulate the practice of home inspectors by examining all applicants and issuing licenses or permits to those possessing the necessary qualifications

Senator Burris Announces FEMA Funding to Illinois Communities to Combat Homelessness, Hunger and Economic...

WASHINGTON, D.C. - January 7, 2010 - (RealEstateRama) -- United States Senator Roland W. Burris today announced that the Emergency Food and Shelter National Board Program (EFSP) will award Illinois a total of $9,000,170 to increase efforts to provide services, food and shelter for the hungry, homeless, and individuals struggling during the economic crisis. The EFSP is a federal program administered by the U.S. Department of Homeland Security's Federal Emergency Management Agency (FEMA).

Governor Names MaineHousing, Dirigo Health and Maine Retirement System Nominees

AUGUSTA, ME - January 5, 2010 - (RealEstateRama) -- Governor John E. Baldacci today announced nominations to the boards of the Maine State Housing Authority (MaineHousing), Dirigo Health and Trustees of the Maine Public Employees Retirement System.

New Web site creates Illinois ‘hub for housing’

CHICAGO, IL - January 5, 2010 - (RealEstateRama) -- A new free bilingual Web site (ILHousingsearch.org) featuring statewide property listings is available now to help Illinois residents find their next rental home. ILHousingsearch.org was created by the administration of Governor Pat Quinn to allow users to search through a range of features to find a home that fit their needs

Congressman Thompson Helps Celebrate Opening of New Low-income Housing: Unique Financing Arrangement Makes Boalsburg...

Boalsburg, PA - January 5, 2010 - (RealEstateRama) -- Congressman Glenn “GT” Thompson (PA-05) joined community and economic development leaders today to celebrate the completion of Centre Estates I and II, an 80-unit low-income housing project in Centre County made possible through a unique financial arrangement involving some of Pennsylvania’s most prominent affordable housing organizations

Dodd Discusses Home Heating Assistance in Bridgeport

January 5, 2010 - (RealEstateRama) -- Senator Chris Dodd (D-CT) today visited Bridgeport non-profit Action for Bridgeport Community Development, Inc. (ABCD) to discuss home heating assistance for Connecticut

CT REIA Announces The Apartment Owners Association Of Connecticut January 2010 Quarterly Meeting

January 5, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with the Apartment Owners Association of Connecticut, or AOACT, is announcing the January 2010 AOACT quarterly meeting with Attorney Gary Lavigne and Insurance Broker John Czel. This event will take place on Wednesday, January 13th from 7:00 to 9:00 pm, at the Comfort Inn in Meriden, CT. This event is free for AOACT members and $30 for non-members

JPMorgan Chase Tower Awarded LEED Gold

HOUSTON, TX - January 4, 2010 - (RealEstateRama) -- The Houston office of Hines, the international real estate firm, announced today that JPMorgan Chase Tower has received Gold certification under the U.S. Green Building Council’s LEED® for Existing Buildings Rating System.

Congressman Thompson Helps Celebrate Opening of New Low-income Housing

Boalsburg, PA - January 4, 2010 - (RealEstateRama) -- Congressman Glenn “GT” Thompson (PA-05) joined community and economic development leaders today to celebrate the completion of Centre Estates I and II, an 80-unit low-income housing project in Centre County made possible through a unique financial arrangement involving some of Pennsylvania’s most prominent affordable housing organizations.

SL Green Realty Corp Announces Refinancing Of 1515 Broadway

New York, NY - January 5, 2010 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) today announced the closing of a $475 million refinancing of 1515 Broadway, one of the most visible landmark buildings in New York City's Times Square.

Four New Contracts Signed In December At Graceline Court

New York, NY - January 5, 2010 - (RealEstateRama) -- Halstead Property Development Marketing and Loewen Development today announced they have signed four new contracts at Graceline Court (www.gracelinecourt.com), a new residential development in Harlem. With eleven units remaining, Graceline Court is currently 66% sold.

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR ALABAMA STORM VICTIMS

WASHINGTON, DC - January 5, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to counties in Alabama and provide support to homeowners and low-income renters forced from their homes following last month’s severe storms and flooding.

Pending Home Sales Up for Sixth Straight Month in December

WALTHAM, MA - January 5, 2010 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that the number of single-family homes put under agreement in December was up 5 percent over the same time last year, while condominiums were up 26 percent. December marks the sixth straight month that the number of homes put under agreement had increased over the year before

Orange County Association of REALTORS renews Clarus MarketMetrics and Clarus Investor as member benefits

LOS ANGELES, CA - January 5, 2010 - (RealEstateRama) -- Real Estate Business Services Inc. (REBS) today announced that the Orange County Association of REALTORS (OCAR) has signed an agreement to provide both Clarus MarketMetrics and Clarus Investor as free member benefits for an additional 12 months. Clarus MarketMetrics and Clarus Investor®, together, retail for $480 for an annual subscription.

Grubb & Ellis Apartment REIT Signs Letter of Intent to Acquire Bella Ruscello Luxury...

DALLAS, TX - January 4, 2010 - (RealEstateRama) -- Grubb & Ellis Apartment REIT, Inc. today announced that it has signed a letter of intent to acquire Bella Ruscello Luxury Apartment Homes, a 216-unit multifamily community located in the Dallas suburb of Duncanville, Texas.

New Year, New Home for Six Greensburg Families

Greensburg, KS - January 4, 2010 - (RealEstateRama) -- Six Greensburg families will ring in the New Year moving into new homes thanks to housing development grants created by the Kansas Legislature. The grants, which target cities and counties rebuilding after the 2007 tornadoes and flooding, help finance the construction of housing and infrastructure, such as streets, water and sewer systems.

HOMELESS ARABIAN HORSES FIND A NEW HOME AND A NEW PURPOSE

LEXINGTON, KY - January 4, 2010 - (RealEstateRama) -- “Why did gorgeous horses like those need new homes?” is a question frequently asked by disbelieving park visitors about the stunning, black Arabian horses which recently arrived at the Kentucky Horse Park.

Commissioner Delivers Testimony to Assembly Housing Committee

Albany, NY - January 4, 2010 - (RealEstateRama) -- Commissioner VanAmerongen recently testified before the State Assembly Housing Committee, providing information on DHCR's accomplishments during the last 12 months as well as the challenges the agency will face in the coming year.

State Seeks Citizen Input On Housing Plan

MONTPELIER, Vt. - January 4, 2010 - (RealEstateRama) -- State officials are hoping members of the public will turn out to give their input about Vermont’s plans for spending millions of dollars in federal housing and economic development funds.

Treasurer Zweifel Announces Record Pace for Unclaimed Property Accounts Returned

JEFFERSON CITY, MO - January 4, 2010 - (RealEstateRama) -- State Treasurer Clint Zweifel announced that half way through the 2010 fiscal year his office was on pace to break the previous record for Unclaimed Property accounts returned by more than 15 percent. A total of 45,809 accounts had been returned since July 1. The previous record was set by Treasurer Zweifel's office in fiscal year 2009.

NEW YORK STATE COMMISSIONER OF HOUSING AND COMMUNITY RENEWAL TO JOIN NIXON PEABODY

Deborah VanAmerongen Brings Wide Range of Experience in Housing and Community Development. (New York, NY - January 4, 2010 - (RealEstateRama) -- International law firm Nixon Peabody LLP announces the addition of Deborah VanAmerongen to its Affordable Housing practice. Ms. VanAmerongen will join Nixon Peabody as a strategic policy adviser as of February 1, 2010. She will be resident in the New York City office. Ms. VanAmerongen will work closely with attorneys in the firm's Affordable Housing practice to provide advice to developers, owners and managers of affordable housing, as well as their financing partners, in the preservation and production of affordable housing nationwide.

Reid’s Call To Help Struggling Nevada Homeowners Answered By Bank Of America

WASHINGTON, DC - December 29, 2009 - (RealEstateRama) -- In an effort to bring much needed assistance to Nevada homeowners who are struggling with their mortgages, Nevada Senator Harry Reid recently sent a letter to Bank of America urging the bank to direct more resources toward Nevada.

Tax Credits Available to Developers of Low-income Housing

BISMARCK, ND - December 30, 2009 - (RealEstateRama) -- The North Dakota Industrial Commission has approved the 2010 Low Income Housing Tax Credit Qualified Allocation Plan (QAP), providing more than $2.4 million worth of federal tax credits to support affordable housing development next year. The program is administered by the North Dakota Housing Finance Agency (NDHFA).

Tax Credits Available to Developers of Low-income Housing

BISMARCK, ND - December 30, 2009 - (RealEstateRama) -- The North Dakota Industrial Commission has approved the 2010 Low Income Housing Tax Credit Qualified Allocation Plan (QAP), providing more than $2.4 million worth of federal tax credits to support affordable housing development next year. The program is administered by the North Dakota Housing Finance Agency (NDHFA).

State awards more than $22 million for affordable housing projects

OLYMPIA, WA - December 30, 2009 - (RealEstateRama) -- The Washington State Department of Commerce has awarded $22,490,000 from the Housing Trust Fund to 11 multifamily affordable housing projects in seven counties. A total of 706 units will be built or rehabilitated in Clallam, Island, Walla Walla, King, Spokane, Pierce and Snohomish counties.

Building a Buzz: ORS® Create Awareness for New Home Tax Credit

MADISON, WI - December 29, 2009 - (RealEstateRama) -- Due to a recent decision by Congress, Wisconsin homebuyers will once again stand to benefit from an extended and expanded federal home tax credit program.

USAA Real Estate Company Acquires Broadstone Development in North Dallas

San Antonio, TX - December 23, 2009 - (RealEstateRama) -- On December 23, an affiliate of USAA Real Estate Company acquired Broadstone Parkway, a Class A urban fill mixed-use development comprised of 333 residential units and 39,167 square feet of ground floor commercial space located at 5005 Galleria Drive in North Dallas/Addison from Bank of America. The purchase price has not been disclosed.

Illinois Moves to Nationwide Mortgage Licensing System

CHICAGO, IL - December 30, 2009 - (RealEstateRama) -- The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that starting January 4, 2010 mortgage brokers and mortgage bankers will use the Nationwide Mortgage Licensing System (NMLS) for license applications and renewals. Loan originators will also begin transitioning onto the NMLS for their new individual licensing credentials required in 2010. The national data base ensures that any mortgage loan professionals moving to Illinois will be able to demonstrate competency and a record clear of disciplinary actions in any other state in the nation.

SUBSIDIZED RENTAL HOUSING VACANCIES AT 6.7 PERCENT

December 30, 2009 - (RealEstateRama) -- Statewide vacancies in subsidized, deed-restricted units rose to 6.7 percent during the third quarter, while vacancy rates in non-subsidized, market-rate units were slightly higher at 7.4 percent. According to a report released today by the Colorado Department of Local Affairs¿ Division of Housing, third quarter vacancies rose from the second quarter rate of 6.4 percent, and are up from a rate of 5.7 percent reported during the third quarter of last year.

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Mississippi Real Estate Investors Plead Guilty to Conspiring to Rig Bids...

Real estate investors Kevin Moore, Chad Nichols, and Terry Tolar pleaded guilty today for their roles in a conspiracy to rig bids at public real estate foreclosure auctions in Mississippi, the Department of Justice announced.