Blog Page 1125

$2.7 Billion Released for Home Energy Assistance

Washington D.C.) - October 26, 2009 - (RealEstateRama) -- The Department of Health and Human Services announced the release of $2.7 billion in grant funding for the Low Income Home Energy Assistance Program (LIHEAP) . The funding, which is for the remaining months of the year, will be used to help eligible families pay the costs of heating and insulating their homes this winter

Boustany Urges Safeguards to Prevent Fraud in First Time Homebuyer Tax Credit

Opening Statement of Charles Boustany, Jr. (R-LA) Ranking Member Subcommittee on Oversight Hearing on Administration of the First-Time Homebuyer Tax Credit

Illinois Home Sales Show First Increase in Over Three Years Statewide Median Price at...

SPRINGFIELD, IL - October 26, 2009 - (RealEstateRama) -- Statewide Illinois home sales increased year-over-year in the month of September for the first time since March 2006 with first-time buyers driving the rebound in sales. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in September 2009 reached 10,350 homes sold, up 3.3 percent from September 2008 sales of 10,018. The Illinois median price in September 2009 was $160,000 down 9.3 percent from $176,450 in September 2008. The median is a typical market price where half the homes sold for more, half sold for less.

Gov. Schwarzenegger Issues Statement Following Green Cities California Unveiling of Best Practices Web Site

October 26, 2009 - (RealEstateRama) -- Governor Arnold Schwarzenegger today issued the following statement after Green Cities California, the collaborative of 10 cities and counties acknowledged as sustainability leaders, launched a Web site today that will serve as a resource for other communities striving to go green

FEMA Disaster Housing Program For 2008 Floods Extended For Seven Months

Des Moines, IA - October 26, 2009 - (RealEstateRama) -- Officials of the Federal Emergency Management Agency announced today that the Direct Housing Assistance program, which was slated to end on November 27, has been extended for a period of seven months. The program will now end on June 27, 2010.

Ewing Couple and Their Real Estate Firm Indicted on Charges They Stole Over $600,000...

TRENTON, NJ - October 23, 2009 - (RealEstateRama) -- Attorney General Anne Milgram announced that a Ewing couple and their real estate firm were indicted on charges they stole more than $600,000 from home sellers in connection with 11 home sales.

Congressman Pascrell Questions Federal Officials On Adminstration Of The First-time Homebuyer Credit; Co-sponsors Legislation...

WASHINGTON, DC - October 22, 2009 - (RealEstateRama) -- U.S. Rep. Bill Pascrell, Jr. (D-NJ-8) today joined his colleagues on the House Ways and Means Committee’s Oversight Subcommittee in vetting the administration of the First-Time Homebuyers Tax Credit.

State Awards Homelessness Prevention Funds

Albany, NY - October 22, 2009 - The State Office of Temporary and Disability Assistance (OTDA) today announced that it has awarded homelessness prevention grants of more than $1.3 million through the American Recovery and Reinvestment Act (ARRA) of 2009 to Broome County and the City of Troy in Rensselaer County.

HMFA Breaks Ground on 77-Unit Affordable Housing Project in Camden

CAMDEN, N.J. - October 22, 2009 - (RealEstateRama) -- Representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) today joined local officials to break ground on John O. Parker, Jr. Hall, a 77-unit affordable housing apartment building located in the Centerville Retirement Community at the corner of 7th Street and Ferry Avenue in the Centerville section of the City of Camden.

DCA, HMFA Break Ground on First Phase of New Alexander Hamilton Project in Paterson

PATERSON, N.J. - October 22, 2009 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia today joined local officials to break ground on Phase I of the new Alexander Hamilton Housing Development, which will be built at the site of the old public housing complex of the same name.

HUD announces $2.8 million for affordable housing and community development in Harrisburg, Pennsylvania

PHILADELPHIA, PA - October 16, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced Harrisburg will receive more than $2.8 million to support community development and produce more affordable housing. HUD's annual funding will also help individuals and families who might otherwise be living on the streets; and offer real housing solutions for individuals with HIV/AIDS.

EPA Cites Unlawful Filling of Wetlands at Wicomoco County, Md. Housing Development Site

PHILADELPHIA - October 23, 2009 - (RealEstateRama) -- The U.S. Environmental Protection Agency has cited a Millersville, Md. couple and a Millsboro, Del. real estate developer for unlawfully filling protected wetlands, a violation of the Clean Water Act

EPA Cites Unlawful Filling of Wetlands at Wicomoco County, Md. Housing Development Site

PHILADELPHIA - October 23, 2009 - (RealEstateRama) -- The U.S. Environmental Protection Agency has cited a Millersville, Md. couple and a Millsboro, Del. real estate developer for unlawfully filling protected wetlands, a violation of the Clean Water Act

Cleveland Area Board of Realtors (CABOR) Recognized by Ohio Association of Realtors for RPAC...

Cleveland, OH - October 23, 2009 - (RealEstateRama) -- The Cleveland Area Board of Realtors (CABOR) was presented with the RPAC Award by the Ohio Association of Realtors (OAR) on September 23, 2009 for meeting and exceeding their 2009 goal. The Cleveland area was among the top Ohio contributors to the RPAC, generating $37,958 between January 1, 2009 and August 17, 2009 in voluntary member funds.

Greenest State of Michigan Facility to Activate Wind Turbine in Ribbon-Cutting Ceremony and Receive...

BAY CITY, MI - October 23, 2009 - (RealEstateRama) -- The Bay City Business Center, recognized by the U.S. Green Building Council as the first Leadership in Energy and Environmental Design (LEED) Gold-Certified State of Michigan facility, will be the site of a ribbon-cutting ceremony to introduce its newly constructed wind turbine. The Michigan Department of Environment Quality (DEQ); the Michigan Department of Energy, Labor & Economic Growth (DELEG); and ProVisions, LLC will host the ceremony at 11 a.m. Tuesday, October 27 at 401 Ketchum Street in Bay City. Free tours allowing the public to view the wind turbine will be offered from 11:30 a.m. to 1 p.m.

CONGRESSMAN PETERS CALLS FOR EXTENSION OF FIRST-TIME HOMEBUYER TAX CREDIT

$8,000 Credit, Which Is Helping Home Sales Rebound, Is Set to Expire at the End of Next Month. Washington, D.C. - October 22, 2009 - (RealEstateRama) -- Congressman Gary Peters today urged House leadership to extend the first-time homebuyer tax credit, a measure enacted in February that saves new homebuyers thousands of dollars and has helped the U.S. housing market rebound in recent months. The credit is set to expire November 30th. Congressman Peters, along with a bipartisan group of colleagues, today sent a letter (text below) to House Speaker Nancy Pelosi and Minority Leader John Boehner expressing their desire to extend the credit’s deadline.

Castor Requests Housing Loan Modification Details

Washington, DC - October 22, 2009 - (RealEstateRama) -- As thousands of Floridians continue losing their homes to foreclosure, U.S. Rep. Kathy Castor is calling on the Treasury Department to provide detailed information about the number of trial loan modifications offered to at-risk homeowners. Castor joined with Chairwoman Maxine Waters demanding that Treasury Secretary Timothy Geithner provide the requested information about the Home Affordable Modification Program (HAMP) by next week. Waters, of Los Angeles, is chairwoman of the Subcommittee on Housing and Community Opportunity

40 Mortgage Counseling Agencies Receive Aid, Hire More Counselors

SAN FRANCISCO, CA - October 22, 2009 - (RealEstateRama) -- Mortgage counseling agencies will receive $2.6 million to hire more counselors over the next two years, and help the hundreds of thousands of California homeowners facing interest rate resets and the threat of foreclosure. The California Reinvestment Coalition (CRC), along with financial institutions and two foundations, today announced grant awards to 40 nonprofit mortgage counseling agencies through the California Home Ownership Preservation Initiative to help them better respond to the overflow of clients their offices are serving

County Commissioners to host workshops on comp plan

TAVARES, FL - October 22, 2009 - (RealEstateRama) -- The Lake County Board of County Commissioners is hosting three public workshops on Nov. 2, 5 & 9 from 6 to 7:30 p.m. to give stakeholders — residents, property owners, business owners, municipalities and other local and regional entities — an opportunity to voice concerns, questions and suggestions about the proposed Lake County Comprehensive Plan, titled Planning Horizon 2030.

County Commissioners to host workshops on comp plan

TAVARES, FL - October 22, 2009 - (RealEstateRama) -- The Lake County Board of County Commissioners is hosting three public workshops on Nov. 2, 5 & 9 from 6 to 7:30 p.m. to give stakeholders — residents, property owners, business owners, municipalities and other local and regional entities — an opportunity to voice concerns, questions and suggestions about the proposed Lake County Comprehensive Plan, titled Planning Horizon 2030.

County Commissioners to host workshops on comp plan

TAVARES, FL - October 22, 2009 - (RealEstateRama) -- The Lake County Board of County Commissioners is hosting three public workshops on Nov. 2, 5 & 9 from 6 to 7:30 p.m. to give stakeholders — residents, property owners, business owners, municipalities and other local and regional entities — an opportunity to voice concerns, questions and suggestions about the proposed Lake County Comprehensive Plan, titled Planning Horizon 2030.

Tax relief programs available for Kaua’i homeowners

LIHUE, HI - October 22, 2009 - (RealEstateRama) -- County officials are encouraging homeowners to take advantage of the county’s real property tax relief programs. “We want to remind everyone that there are a number of tax relief programs available to Kaua'i homeowners and urge them to apply for these programs,” said Director of Finance Wallace Rezentes, Jr

Reps. Courtney and Calvert Lead Bipartisan Effort To Extend First Time Homebuyer Tax Credit...

163 Bipartisan Members Sign Courtney-Calvert Letter Seeking Extension of Home Purchase Incentive. WASHINGTON, DC - October 21, 2009 - (RealEstateRama) -- Today, Representatives Joe Courtney (D-CT) and Ken Calvert (R-CA) delivered a bipartisan letter to Speaker Nancy Pelosi and Minority Leader John Boehner urging an extension of the First Time Home Buyer Tax Credit. Including the authors, 165 bipartisan Members of Congress have signed the Courtney-Calvert letter.

House Financial Services Committee Passes Rep. Miller’s Amendment to Sunset the Home Valuation Code...

Washington, DC - October 22, 2009 - (RealEstateRama) -- During the House Financial Services Committee mark-up of H.R. 3126, the Consumer Financial Protection Agency Act, the Committee approved an amendment offered by Rep. Gary Miller (R-CA) to sunset the Home Valuation Code of Conduct (HVCC).

CTREIA Monthly Meeting with Nick Sidoti – Get 3 Times More Rental Income with...

West Hartford, CT - October 22, 2009 - (RealEstateRama) -- Get 3 Times More Rental Income with Special Needs Housing Guest Speaker: Nick Sidoti (Buffalo-based landlord who's been buying and managing properties since 1989 By targeting a little-known but very in-demand niche called “special needs housing”, Nick Sidoti, aka Dr. Cashflow, has tripled his rental income while virtually avoiding competition. He’ll share how to rent to college students, veterans, government agencies, and other customers who will pay you big bucks (2-3 times more than market rent) for providing a few extra key conveniences.

2009 New England Real Estate Investors Conference and Trade Show

West Hartford, CT - October 22, 2009 - (RealEstateRama) -- Whether you are an experienced, beginning, active or passive investor, you will find extensive information to further your investing during the "Real Estate Investing - Making it Work for You!'" Conference & Expo. Virtually everything that happens at the Real Estate Conference and Expo is for or about you.

Congressman Hodes Urges Extension of First-Time Homebuyer Tax Credit

Washington, DC - October 21, 2009 - (RealEstateRama) -- Congressman Paul Hodes today wrote to House leadership in support of an extension of the first-time homebuyer tax credit.

Congressman Hodes Urges Extension of First-Time Homebuyer Tax Credit

Washington, DC - October 21, 2009 - (RealEstateRama) -- Congressman Paul Hodes today wrote to House leadership in support of an extension of the first-time homebuyer tax credit.

BB&T Signs Lease at Riverfront Plaza in Richmond, VA

RICHMOND, VA - October 21, 2009 - (RealEstateRama) -- The Washington, D.C. office of Hines, the international real estate firm, announced today that Branch Banking and Trust Company (BB&T) has signed a long-term lease for 140,000 square feet of office space at the 951,616-square-foot Riverfront Plaza in downtown Richmond.

Governor Douglas and VHFA Applaud Treasury Action on Housing Finance Agency Assistance

Montpelier, Vt. - October 21, 2009 - (RealEstateRama) -- Gov. James Douglas and the Vermont Housing Finance Agency (VHFA) applauded the U.S. Treasury Department announcement yesterday to bolster state Housing Finance Agencies (HFAs) and their efforts to stimulate home buying for low and moderate-income homeowners, and provide affordable rental homes.

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Six Companies Receive New York State Service-Disabled Veteran-Owned Business Certification

The Office of General Services Commissioner today announced that the following six businesses have recently been certified by the Office of General Services’ (OGS) Division of Service-Disabled Veterans’ Business Development (DSDVBD)