Blog Page 1134

Senate Democrats Pass Green Building Tax Credit

Senator Looney says environmental legislation will boost jobs, economic development in New Haven and across Connecticut. October 5, 2009 - (RealEstateRama) -- A measure included in one of the budget implementer bills passed by the state legislature will help stimulate economic development in New Haven and elsewhere while also preserving the environment, says Senate Majority Leader Martin M. Looney (D-New Haven). The legislation establishes a maximum $25 million tax credit for taxpayers who build buildings that meet specific energy and environmental standards.

BASF Construction Chemicals earns LEED certification

Minnesota facility awarded LEED EB O&M Silver rating. SHAKOPEE, MN, September 24, 2009 -- The United States Green Building Council (USGBC) has awarded a LEED® Silver designation to the BASF Construction Chemicals - Building Systems headquarters and office/research complex located in Shakopee, Minnesota, a suburb of Minneapolis. This is the first BASF building to earn LEED Certification and only the third building to earn LEED EB O&M certification in Minnesota

Workshops Help Make Homes More Resistant To Flooding

ATLANTA, GA - October 5, 2009 - (RealEstateRama) -- Georgia property owners in flood-prone areas can get free advice on making their structures disaster resistant. Informal workshops are being held at home improvement stores and hardware stores in Cobb, Walker and DeKalb counties

Pascrell Anounces House Approval Of $5 Million To Purchase Wayne And Pompton Lakes Homes...

WASHINGTON, DC - October 2, 2009 - (RealEstateRama) -- U.S. Rep. Bill Pascrell, Jr. (D-NJ-08) today announced that the House of Representatives voted to approve the final Energy and Water Appropriations bill, which includes $5 million for the purchase of approximately 30 homes in Wayne and Pompton Lakes located in the Passaic River basin.

Oregon receives $457,390 to support foreclosure prevention counseling

Salem, OR - October 2, 2009 - (RealEstateRama) -- Oregon Housing and Community Services has been awarded $457,390 to support foreclosure prevention counseling throughout the state.

Duke Energy to Purchase “Green Energy” Credits

CHARLOTTE, N.C. - October 2, 2009 - (RealEstateRama) -- Duke Energy today announced it will purchase “green energy” credits from two North Carolina companies that will use solar power to produce hot water and to heat and cool buildings.

Congresswoman Eddie Bernice Johnson Announces $2.15 Million Grant To Dallas Housing Authority

Washington, DC - October 1, 2009 - (RealEstateRama) -- Congresswoman Eddie Bernice Johnson today announced that the U.S. Department of Housing and Urban Development (HUD) has awarded 270 housing choice vouchers to the Dallas Housing Authority. The vouchers are a replacement for units in Rhoads Terrace, a public housing development that the Dallas Housing Authority demolished.

Nye’s Bill to Prevent Veterans Homelessness Gains Momentum in the House

Washington, DC - October 1, 2009 - (RealEstateRama) -- As a member of the Health Subcommittee of the House Veterans Affairs Committee, Congressman Glenn Nye (VA-02) is usually the one asking the questions – but today, he appeared as a witness in front of the subcommittee, testifying in support of his bill to help prevent veterans from becoming homeless.

Kucinich Urges Treasury to Strengthen Re-remic Oversight

Washington, DC - October 1, 2009 - (RealEstateRama) -- Congressman Dennis Kucinich (D-OH) today asked Treasury Secretary Timothy Geithner to address the potential threat to the financial system posed by resecuritization of existing residential mortgage backed securities, informally referred to as ‘re-remic.’

Wichita, Carl Junction Men Plead Guilty to Mortgage Fraud Scheme

SPRINGFIELD, MO - October 2, 2009 - (RealEstateRama) -- Matt J. Whitworth, United States Attorney for the Western District of Missouri, announced today that a Wichita, Kan., man and a Carl Junction, Mo., man pleaded guilty in federal court to their roles in a $1.2 million mortgage fraud scheme

Dodd Announces $203,950 for Foreclosure Counseling Programs

October 2, 2009 - (RealEstateRama) — Senator Chris Dodd (D-CT) announced today that two Connecticut housing counseling organizations will receive $203,950 to assist families facing foreclosure of their homes. The Connecticut Housing Finance Authority (CHFA) will receive $85,150 and Neighborhood Housing Services of New Haven, Inc. will receive $118,800 from the [...]

Congresswoman Matsui Announces Release of $1 Million for Sacramento Housing

Money will Help Local Organization Disburse Home Loans to Low-Income Sacramentans. WASHINGTON, DC - October 2, 2009 - (RealEstateRama) -- Congresswoman Doris O. Matsui (D-CA) announced today that the U.S. Treasury Department has released $1,000,000 to Sacramento Neighborhood Housing Services, Inc. (SNHS). SNHS is a loan fund that provides gap funding and comprehensive home ownership and foreclosure prevention counseling for local low-income individuals and families. Their work has helped countless families achieve the dream of home ownership, and many more stay in their homes despite the recent economic downturn.

Mitchell, Calvert: Don’t Let the Homebuyer Tax Credit Expire

WASHINGTON, DC - October 2, 2009 - (RealEstateRama) -- U.S. Reps. Harry Mitchell and Ken Calvert (R-CA) are inviting their colleagues in the House to join them in support of the bipartisan Homebuyer Tax Credit Act, H.R. 1245, to extend and expand the Homebuyer Tax Credit.

FEMA Approves $1.8 Million Grant For West Norriton Township’s Home Elevation Project

PHILADELPHIA, PA - October 2, 2009 - (RealEstateRama) -- The U.S. Department of Homeland Security's Federal Emergency Management Agency (FEMA) announced today the approval of a grant totaling more than $1.8 million to elevate seven flood-prone homes in West Norriton, Montgomery County

DELEG Warns Consumers of Furnace Cleaning Scams Offers Do’s and Don’ts of Winterizing Your...

October 2, 2009 - (RealEstateRama) -- This is the time of year to get your furnace cleaned and ready for winter. Michigan Department of Energy, Labor & Economic Growth (DELEG) Director Stanley "Skip" Pruss offers some sensible tips so you do not get taken to the cleaners

Boswell Votes to Allocate More than $29 Million to Iowa in Energy and Water...

Washington, DC - October 1, 2009 - (RealEstateRama) -- Today, Congressman Leonard Boswell voted to secure $29,509,000 to fund flood prevention and management projects in Iowa when the House passed the Energy and Water Development Appropriations conference report.

Boswell Votes to Allocate More than $29 Million to Iowa in Energy and Water...

Washington, DC - October 1, 2009 - (RealEstateRama) -- Today, Congressman Leonard Boswell voted to secure $29,509,000 to fund flood prevention and management projects in Iowa when the House passed the Energy and Water Development Appropriations conference report.

FINAL APPROVAL IN THE U.S. HOUSE OF REPRESENTATIVES OF MORE THAN $6 MILLION IN...

October 2, 2009 - (RealEstateRama) -- Congresswoman Lucille Roybal-Allard (CA-34) applauded passage in the U.S. House of Representatives today of the appropriations bill that provides federal funding for critical local water projects in the Los Angeles area.

House Passes Bill with $35 Million in Melancon-Secured Water Projects for South Louisiana

WASHINGTON, D.C. – Today, the U.S. House of Representatives passed legislation that includes $35,045,000 in earmarks Congressman Charlie Melancon (LA-03) secured for projects in the Third Congressional District. The funding was included in the fiscal year 2010 Energy and Water Appropriations conference report (H.R. 3183). The conference report now goes to the Senate for passage, and then to the President to be signed in to law. This annual funding bill will provide a total of $5.4 billion for Army Corps of Engineers projects nationwide

Buchanan Secures $8.3 Million for Local Environmental Projects

House Gives Final Approval to $5.5 Million for Wares Creek, $500,000 for Sarasota Renewable Energy Center, $305,000 for Lido Beach, $100,000 for Anna Maria Island Beach Re-nourishment, $100,000 for Port Manatee and up to $5 million for Sarasota Bay Restoration. Washington, DC - October 2, 2009 - (RealEstateRama) -- Congressman Vern Buchanan (FL-13) has won final approval in the House of $8.3 million in federal funding for environmental projects in Florida’s 13th District. The House voted 308-114 for the fiscal year 2010 energy and water appropriations bill (H.R. 3183) today.

Enterprise Celebrates Grand Opening of Cherrydale Apartments in Baltimore

Green Renovation of 186 Affordable Apartments in Cherry Hill Neighborhood. BALTIMORE, MD - October 1, 2009 - (RealEstateRama) -- Mayor Sheila Dixon, Baltimore Housing Commissioner Paul Graziano and community residents joined Enterprise today to celebrate the grand reopening of Cherrydale Apartments in Baltimore. Cherrydale Apartments, which has provided affordable rental housing for low- and moderate-income families in Baltimore’s Cherry Hill neighborhood for more than 40 years, was renovated to meet the Enterprise Green Communities Criteria for affordable housing.

Olver Announces $855,000 for Franklin County Dial/Self to Help Homeless and At-Risk Youth

WASHINGTON, D.C. - October 1, 2009 - (RealEstateRama) -- Today, Congressman John W. Olver (D-1st District) announced that Franklin County DIAL SELF, Inc. will receive $285,000 annually in grant funds over the next 3 years from the U.S. Department of Health and Human Services, Administration for Children and Families. The funding will be used to provide a comprehensive array of outreach, prevention, and safe shelter services for homeless and at-risk youth through the DIAL/SELF TeenLine and North Quabbin programs.

Tax Credit Extension Needed to Guard Against Real Estate Decline

MORRIS PLAINS, N.J., - October 1, 2009 - (RealEstateRama) -- According to a recent survey of real estate agents, the first-time homebuyer tax credit has been extremely successful in stimulating the housing market and the overall economy.

Top mortgage loan originators, FY09

BURLINGTON, VT - October 1, 2009 - (RealEstateRama) -- Vermont Housing Finance Agency is pleased to announce its top mortgage loan originators for fiscal year 2009

CPC Launches $1 Billion Lending Program To Retrofit Existing Buildings

New York, NY - September 30, 2009 - (RealEstateRama) -- The Community Preservation Corporation (CPC), a non-profit affordable housing lender, today announced a new public/private partnership to provide $1 billion in construction and mortgage loans to multifamily housing owners for energy efficient upgrades and property retrofits.

Cleveland Area Board of Realtors (CABOR) Endorses Issue 6 for a New Charter of...

Cleveland, OH - October 1, 2009 - (RealEstateRama) -- The Cleveland Area Board of Realtors (CABOR) announced its support for Issue 6 on the November 3rd ballot. The Board of Directors for the 4,500 member non-profit organization voted on Thursday, September 24, 2009 to endorse the reform effort

SL Green Realty Corp Announces Refinancing Of 100 Park Avenue

New York, NY - September 30, 2009 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) today announced the closing of a $215 million refinancing of 100 Park Avenue, the completely redeveloped 'New Modern Classic' near Grand Central Terminal, which it owns in a joint venture with institutional investors advised by Prudential Real Estate Investors.

Brown Calls for Investigation of “Bank Walkaways” from Foreclosed Homes

WASHINGTON, D.C. - September 30, 2009 - (RealEstateRama) -- A growing number of lenders are refusing to take possession of homes after they have been foreclosed, leading to vandalism and neighborhood decline in Cleveland and cities across Ohio.

Schumer, Kyl Offer $200m Proposal To Create Mortgage Fraud Units At District Attorney Offices...

WASHINGTON, DC - September 29, 2009 - (RealEstateRama) -- U.S. Senators Charles E. Schumer (D-NY) and Jon Kyl (R-AZ) announced new legislation Tuesday to better protect homeowners from the recent wave of mortgage scams by providing up to $200 million over two years for State and local prosecutors offices to battle real estate fraud.

Recovery Act reservations totaling $28.6 million approved for low-income housing

Salem, OR - September 30, 2009 - (RealEstateRama) -- Governor Ted Kulongoski announced reservations totaling $28.6 million in federal Recovery Act dollars that will reinvigorate and aid completion of 17 low-income housing projects in Oregon.

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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)