Blog Page 1114

Stabenow, Levin: Senate Approves More Than $18 Million in Transportation and Housing Funding for...

WASHINGTON, DC - September 17, 2009 - (RealEstateRama) --U.S. Senators Debbie Stabenow (D-MI) and Carl Levin (D-MI) today announced the inclusion of $18,350,000 for 14 Michigan projects in the FY 2010 Appropriations bill for the Departments of Transportation, Housing and Urban Development, and related agencies. The funding was approved today by the full Senate

New-Home Construction Remains Stalled Despite August Gain

September 18, 2009 - (RealEstateRama) — Metro Kansas City new-home permits rebounded 7 percent from July’s activity but home builders say they are yet to see any major signs of a housing market recovery. According to statistics compiled by the Home Builders Association of Greater Kansas City (HBA) a seasonally adjusted total [...]

SNOWE HAILS SENATE PASSAGE OF FY 2010 TRANSPORTATION HOUSING AND URBAN DEVELOPMENT APPROPRIATIONS BILL

Washington, D.C. - September 17, 2009 - (RealEstateRama) -- U.S. Senator Olympia J. Snowe (R-Maine) today announced that $4.3 million in federal funding for projects in Maine has been included in the fiscal year (FY) 2010 Transportation and Housing and Urban Development spending bill, which passed the Senate today by a vote of 73 to 25.

MaineHousing warns consumers of possible financial assistance scam

AUGUSTA, ME - September 17, 2009 - (RealEstateRama) -- Maine homeowners receiving a recorded phone message from someone telling them to call "Maine Housing Authority" to help with foreclosure or to refinance their mortgage may be victims of a scam, state housing officials warned today

Mississippi Home Corporation Announces New Home Buyer Advantage Grant Program

Grants up to $40,000 to Help Purchase Foreclosed Properties. Jackson, MS - September 18, 2009 - (RealEstateRama) -- The Mississippi Home Corporation (MHC) is now taking reservations under its new Home Buyer Advantage grant program. The program will provide grants of up to $40,000 to qualified home buyers who purchase foreclosed properties in any of the 48 eligible communities across Mississippi. Unlike most of MHC’s other programs, the Home Buyer Advantage program does not require applicants to be first-time home buyers. The program limits applicants to those who earn 120% of the Area Median Income or below.

Mississippi Home Corporation Announces New Home Buyer Advantage Grant Program

Grants up to $40,000 to Help Purchase Foreclosed Properties. Jackson, MS - September 18, 2009 - (RealEstateRama) -- The Mississippi Home Corporation (MHC) is now taking reservations under its new Home Buyer Advantage grant program. The program will provide grants of up to $40,000 to qualified home buyers who purchase foreclosed properties in any of the 48 eligible communities across Mississippi. Unlike most of MHC’s other programs, the Home Buyer Advantage program does not require applicants to be first-time home buyers. The program limits applicants to those who earn 120% of the Area Median Income or below.

Vitter Offers Anti-Gang Amendment to Housing Spending Bill

Washington, D.C. - September 18, 2009 - (RealEstateRama) -- U.S. Sen. David Vitter yesterday offered an amendment to the Transportation, Housing and Urban Development spending bill that would prohibit federal housing assistance from going to households that include drug dealers and members of violent gangs in New Orleans.

$380,000 to Scott County Housing Council from HUD

WASHINGTON, DC - September 18, 2009 - (RealEstateRama) -- Senator Chuck Grassley today said that $380,000 from the U.S. Department of Housing and Urban Development was released to Scott County Housing Council through the regular appropriations process

Senate Approves $60 Million for Hawaii Transportation, Housing and Urban Development Projects

WASHINGTON, DC - September 18, 2009 - (RealEstateRama) -- U.S. Senate Appropriations Chairman Daniel K. Inouye announced today that the full Senate approved $60,550,000 million in funding for various transportation, housing and urban development initiatives in Hawaii.

Dodd, Lieberman Announce More Than $15.7 Million for Connecticut Transportation and Housing Initiatives

September 18, 2009 - (RealEstateRama) -- Senators Chris Dodd (D-CT) and Joe Lieberman (ID-CT) announced that Connecticut projects will receive more than $15.7 million as part of the Transportation, Housing and Urban Development appropriations bill passed by the Senate today. The bill will support a variety of transportation- and housing-related projects across Connecticut, including $4 million for the New Haven-Hartford-Springfield Rail Line

August Long Island Home Sales Show Signs of Recovery as Annual Price Comparison Gaps...

W. Babylon, NY - September 18, 2009 - (RealEstateRama) -- The Multiple Listing Service of Long Island, Inc. released the August 2009 housing figures that reported a $385,000 closed median home price for Long Island, the highest reported since October 2008.

August Long Island Home Sales Show Signs of Recovery as Annual Price Comparison Gaps...

W. Babylon, NY - September 18, 2009 - (RealEstateRama) -- The Multiple Listing Service of Long Island, Inc. released the August 2009 housing figures that reported a $385,000 closed median home price for Long Island, the highest reported since October 2008.

Attorney General McKenna joins honchos in mortgage fraud huddle

OLYMPIA, WA - September 17, 2009 - (RealEstateRama) -- Washington Attorney General Rob McKenna fears a rise in scam victims as struggling homeowners trying to tap legitimate payment relief programs are simultaneously solicited by charlatans.

New York State Approves $181.6 Million in Financing to Construct and Preserve 2,060 Affordable...

NEW YORK, NY - September 10, 2009 - (RealEstateRama) -- The boards of the New York State Housing Finance Agency (HFA) and the New York State Affordable Housing Corporation (AHC) approved $181.6 million in financing today to build and preserve 2,060 units of affordable housing throughout New York State.

Banking Department Helps Set National Standards For State Mortgage Regulation

HARRISBURG, PA - September 11, 2009 - (RealEstateRama) -- Details of a new, national accreditation program for state mortgage regulators will be published in the Pennsylvania Bulletin on September 12, allowing for its adoption by other states.

Menendez And Bergen Housing Authority Secure Additional $3.7 Million From Feds For Housing Assistance

WASHINGTON, DC - September 11, 2009 - (RealEstateRama) -- Today, U.S. Senator Robert Menendez (D-NJ) and the Housing Authority of Bergen County announced that they have secured an additional $3,730,211 in funding for Section 8 Housing Choice Vouchers for Bergen County.

DCA, HMFA Break Ground on 50-Unit Affordable Housing Building in Newark

NEWARK, NJ - September 3, 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 Roseville Commons, a 50-unit affordable housing building located at 533-567 Orange Street in Newark.

New York State Board of Real Estate Appraisal To Meet

ALBANY, NY - September 14, 2009 - (RealEstateRama) -- A meeting of the New York State Board of Real Estate Appraisal will be held on Friday, September 18, 2009 at 10:30 a.m. at the Department of State, Division of Licensing Services, Alfred E. Smith State Office Bldg., 80 South Swan Street, 10th Floor Conference Room, Albany, NY, and 123 William Street, 19th Floor Conference Room, NYC, NY.

Victims of Foreclosure Rescue Fraud to Receive Refunds

LANSING, MI - September 17, 2009 - (RealEstateRama) --Attorney General Mike Cox today announced that Michigan residents victimized by foreclosure fraud schemes can receive refunds as a result of charges filed against SaveMyHome USA, Payment Doctors and the Michigan Economic Reinstatement Program. The companies were held accountable after an undercover investigation by the Attorney General's office discovered that the companies' representatives made misleading statements and charged borrowers upfront fees in violation of the Michigan Credit Services Protection Act

OFIR Revokes Grand Blanc Mortgage Company’s License

LANSING, MI - September 17, 2009 - (RealEstateRama) -- The Office of Financial and Insurance Regulation (OFIR) has revoked the mortgage license of Grand Blanc-based Freedom Financial Mortgage Lending, LLC for violating the state’s Mortgage Brokers, Lenders and Servicers Licensing Act. Freedom Financial failed to comply with OFIR’s license renewal process and failed to cooperate with the agency while OFIR staff attempted to conduct an examination.

Skelton Cosponsors Legislation to Ensure Service Members Can Take Full Advantage of First-Time Homebuyer...

WASHINGTON, D.C. - September 17, 2009 - (RealEstateRama) -- Today, Congressman Ike Skelton (D-MO) joined Congressman Charles B. Rangel (D-NY), Chairman of the House Ways and Means Committee, Congressman Walter B. Jones, Jr. (R-NC), and 26 other Members of the House of Representatives, in introducing H.R. 3590, the Service Members Home Ownership Tax Act of 2009. This deficit-neutral legislation would amend the federal tax code to ensure military personnel can take full advantage of the first-time homebuyer tax credit that was created as part of H.R. 1, the American Recovery and Reinvestment Act.

CARDIN, ENSIGN, REID, ISAKSON AND STABENOW CALL FOR A SIX-MONTH EXTENSION OF THE $8,000...

Washington, DC - September 17, 2009 - (RealEstateRama) -- U.S. Senator Benjamin L. Cardin (D-MD), last night, along with Senators John Ensign (R-NV), Harry Reid (D-NV), Johnny Isakson (R-GA) and Debbie Stabenow (D-MI) introduced a six-month extension of the popular $8,000 federal tax credit for first-time homebuyers. The current provision, passed as part of the American Recovery and Reinvestment Act, expires December 1, 2009. According to the most recent Treasury data, nearly 530,000 Americans have applied for the tax cut to help them purchase their first home. About 40 percent of all home buyers this year will be eligible for the tax credit.

Secretary Daniels Presents State Capitol Exhibit on National Parks

LITTLE ROCK, AR - September 17, 2009 - (RealEstateRama) -- Secretary of State Charlie Daniels today announced the opening of the autumn State Capitol exhibit, Natural, National: The National Parks and Arkansas, which salutes the National Park Service and its six Arkansas properties.

Goddard Meets with Geithner, Holder to Ramp Up Fight Against Mortgage Fraud

Washington, D.C. - September 17, 2009 - (RealEstateRama) -- Arizona Attorney General Terry Goddard met this morning with Treasury Secretary Tim Geithner, U.S. Attorney General Eric Holder, other senior Obama Administration officials and 11 other state Attorneys General to coordinate proactive strategies and strengthen efforts to fight consumer fraud in the housing markets

Chris Koster and seven other Attorneys General to meet with Treasury Secretary Tim Geithner...

Jefferson City, MO - September 17, 2009 - (RealEstateRama) --Attorney General Chris Koster will meet with both Secretary of the Treasury Tim Geithner and Attorney General Eric Holder in Washington, D.C., tomorrow to discuss Missouri's efforts to pursue businesses engaged in mortgage fraud. Geithner and Holder invited Koster and several other Attorneys General from around the nation to meet with them to discuss the problem and possible solutions. Also present at Thursday's meeting will be HUD Secretary Shaun Donovan and FTC Chair Jon Liebowitz.

$22 Million Holiday Inn to Open in Lake Forest, CA.

New-build property features new sign and brand standards as part of the worldwide brand relaunch. ATLANTA, GA - September 17, 2009 - (RealEstateRama) -- IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)], the world's largest hotel group by number of rooms, announced today that the Holiday Inn Irvine South/Irvine Spectrum will open within a month.

Congressman Salazar announces $599,935.00 in federal funding for new Adams State College housing program

“HOPE” focuses on new homeowners, disabled homeowners and the environment. WASHINGTON, DC - September 17, 2009 - (RealEstateRama) -- U.S. Congressman John Salazar announced that a federal Hispanic-Serving Institutions Assisting Communities (HSIAC) grant of $599,935.00 has been allocated for Adams State College. The college intends to use the grant to launch the Home Owner Preparedness, including all People, for one Environment (HOPE) program. HOPE is a community-based collaborative project designed to increase economic and housing affordability to youth, provide job training for people with disabilities and organize the community around environmental opportunities.

Rep. Kirkpatrick Introduces Bill to Help Disabled Native Veterans, Survivors Keep Housing Assistance

WASHINGTON, D.C. - September 17, 2009 - (RealEstateRama) -- Rep. Ann Kirkpatrick is continuing her efforts on behalf of Native Americans who have served in our military, introducing the Indian Veterans Housing Opportunity Act of 2009 last Thursday. H.R. 3553 would correct an oversight in the Native American Housing Assistance and Self-Determination Act (NAHASDA) that has caused disabled Veterans, their families and their survivors to be denied help because they are receiving Veterans’ and survivor benefits.

Governor Jindal Awards over $7 Million in Grants to St. Martin Parish

ST. MARTINVILLE, LA - September 16, 2009 - (RealEstateRama) -- Today, Governor Bobby Jindal awarded five grants totaling $7,259,604 to St. Martin Parish that will go toward hurricane recovery, hazard mitigation and infrastructure improvements. Governor Jindal awarded the funds to local officials in a ceremonial check presentation during a townhall meeting in St. Martinville as part of his “Louisiana Working Tour.”

Robert Kennedy, Jr. Highlights Green Opportunities at Public Housing Complex

Louisville Metro Spotlights Kentucky’s Clean Energy Corps. LOUISVILLE, KY - September 16, 2009 - (RealEstateRama) -- As part of Kentucky’s Clean Energy Corps initiative, nationally celebrated environmental activist Robert Kennedy Jr. joined state and local officials today in encouraging Kentuckians to save energy. Gov. Steve Beshear launched Kentucky’s Clean Energy Corps in February as a public/private partnership to promote energy efficiency in Kentucky homes, saving families on their utility bills, protecting the environment, and creating green collar jobs

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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