Blog Page 1134

HPD, HDC, Blue Sea Development, And Bronx Borough President Diaz Cut Ribbon At Green,...

Bronx, NY - October 27, 2009 - (RealEstateRama) -- New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero, New York City Housing Development Corporation (HDC) President Marc Jahr and Bronx Borough President Ruben Diaz Jr. joined Les Bluestone and Avery Seavey of Blue Sea Development Co. for a ribbon cutting ceremony today in the South Bronx to unveil the newly completed Eltona.

HPD, HDC, Blue Sea Development, And Bronx Borough President Diaz Cut Ribbon At Green,...

Bronx, NY - October 27, 2009 - (RealEstateRama) -- New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero, New York City Housing Development Corporation (HDC) President Marc Jahr and Bronx Borough President Ruben Diaz Jr. joined Les Bluestone and Avery Seavey of Blue Sea Development Co. for a ribbon cutting ceremony today in the South Bronx to unveil the newly completed Eltona.

HMFA Breaks Ground on 24-Unit Affordable Condominium Community in Newark

NEWARK, N.J. - October 27, 2009 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia joined local officials and community leaders to break ground on Condominiums@Harmony Square, a 24-unit affordable housing community located at 105 Broad Street in Newark

HMFA Celebrates Completion of Exterior Façade on Historic Security Trust Building in Camden

CAMDEN, N.J. - October 27, 2009 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia today joined state and local officials to celebrate the completion of exterior façade renovation of the New Jersey Safe Deposit and Trust Building (Trust Building), located at 301 Market Street in the heart of downtown Camden.

PSMI Opens New Office in Missoula, Montana

Roswell, NM - October 28, 2009 - (RealEstateRama) — PrimeSource Mortgage, Inc. (PSMI), a leading mortgage brokerage and banking company in the southwestern United States, and a wholly owned subsidiary of PSM Holdings, Inc., (OTCBB: PSMH) today announced the opening of a new branch office in Missoula, Mont.

Updated: Governor Culver Continues Work on Budget at Capitol; Lt. Governor Judge Talks I-JOBS...

DES MOINES, IA - October 27, 2009 - (RealEstateRama) -- Governor Chet Culver and Lt. Governor Patty Judge will hold three public events on Wednesday. The Governor will remain at the State Capitol in Des Moines to finalize departmental budget plans, while the Lt. Governor attends events in Iowa City and Perry.

First Lady Mari Culver to Announce Iowa Rental Help Program Tomorrow

Unique federally funded program will provide Iowans with housing assistance. DES MOINES, IA - October 27, 2009 - (RealEstateRama) -- First Lady Mari Culver tomorrow will announce a new federally funded rental assistance program that can help Iowans who are struggling financially.

NYCEDC Issues RFQ for Potential Developers for Willets Point District

New York City - October 26, 2009 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) today released a Request for Qualifications (RFQ) to identify developers for the first stage of the Willets Point District in northeastern Queens.

Housing Agency Seeks Champions

BISMARCK, ND - October 27, 2009 - (RealEstateRama) -- The North Dakota Housing Finance Agency (NDHFA) is seeking nominations for the 2009 Champion of Affordable Housing Leadership and Housing Production Awards.

Perriello Urges Extension of Homebuyer Tax Credit Past November 30 Deadline

Washington, D.C. - October 27, 2009 - (RealEstateRama) -- To further encourage home ownership and stabilize the housing market, Congressman Tom Perriello joined colleagues from both sides of the aisle in a letter to Speaker of the House Nancy Pelosi and House Minority Leader John Boehner urging them to extend the homebuyer tax credit that was originally included as part of the American Recovery and Reinvestment Act.

Heinrich Announces $7.8 Million in Affordable Housing Funding For Albuquerque Through Recovery Act

WASHINGTON, D.C. - October 26, 2009 - (RealEstateRama) -- U.S. Representative Martin Heinrich (NM-1) announced today that the New Mexico Mortgage Finance Authority (NMMFA) is receiving more than $7.8 million to support construction of housing for low-income families in Albuquerque through the American Recovery and Reinvestment Act of 2009.

Houston Groups Win Funding To Aid Homeless Veterans

Houston, TX - October 9, 2009 - (RealEstateRama) -- The Mayor’s Office of Veteran Affairs today hailed the awarding of $2.1 million in grants from the Veteran’s Administration to two local agencies to help house homeless veterans in Houston.

Massachusetts Home Sales Up for Third Consecutive Month

WALTHAM, MA - October 27, 2009 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales increased for the third straight month compared to the same time last year. Median prices were down only 1.7 percent compared to September 2008, while condominium median prices were up 1.7 percent. For the fourth month in a row, the number of pending sales (homes put under agreement in September) was up seven percent from the same time last year.

Massachusetts Home Sales Up for Third Consecutive Month

WALTHAM, MA - October 27, 2009 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales increased for the third straight month compared to the same time last year. Median prices were down only 1.7 percent compared to September 2008, while condominium median prices were up 1.7 percent. For the fourth month in a row, the number of pending sales (homes put under agreement in September) was up seven percent from the same time last year.

N.C. Housing Finance Agency Wins Third National Foreclosure Mitigation Grant

Raleigh, NC - October 26, 2009 - (RealEstateRama) -- Foreclosure prevention efforts that have helped more than 1,100 North Carolinians save their homes got a boost earlier this month when the North Carolina Housing Finance Agency was awarded an additional $895,350 of federal funds from the National Foreclosure Mitigation Counseling Program.

Juice 2.0: Building Maine’s Innovation Networks

October 27, 2009 - (RealEstateRama) -- Come join our librarians and others at this year's Juice Conference, connecting leaders of the creative economy to foster growth and prosperity. (November 13 & 14 in Camden, Maine)

Juice 2.0: Building Maine’s Innovation Networks

October 27, 2009 - (RealEstateRama) -- Come join our librarians and others at this year's Juice Conference, connecting leaders of the creative economy to foster growth and prosperity. (November 13 & 14 in Camden, Maine)

Surplus property auctions produce revenue for state agencies

FRANKFORT, KY - October 27, 2009 - (RealEstateRama) -- The Kentucky Finance and Administration Cabinet, Division of Surplus Properties, conducted two auctions in the past week netting over $110,000. Two more auctions are scheduled in November.

Surplus property auctions produce revenue for state agencies

FRANKFORT, KY - October 27, 2009 - (RealEstateRama) -- The Kentucky Finance and Administration Cabinet, Division of Surplus Properties, conducted two auctions in the past week netting over $110,000. Two more auctions are scheduled in November.

Surplus property auctions produce revenue for state agencies

FRANKFORT, KY - October 27, 2009 - (RealEstateRama) -- The Kentucky Finance and Administration Cabinet, Division of Surplus Properties, conducted two auctions in the past week netting over $110,000. Two more auctions are scheduled in November.

Meridian Real Estate Fund Manager is Charged With Defrauding Idaho Investors

Boise, ID - October 27, 2009 - (RealEstateRama) -- The Idaho Department of Finance has filed a complaint in Ada County District Court against Sheila Lea Jones. Jones, owner of Vitruvian Investment Group, solicited investors to pool their money for investment into a real estate fund managed by Jones. The fund purportedly invested in short-term construction and development loans, as well as conventional real estate transactions including both commercial and residential loans. The defendant allegedly raised over $3.7 million from at least 40 investors and offered annual returns of 8 percent to 10.5 percent. The State’s complaint alleges violations of the anti-fraud provisions of the Idaho Securities Act and violations of the Idaho Financial Fraud Prevention Act. Vitruvian Investment Group filed for Chapter 7 bankruptcy protection in November 2008

SOLD! CFO SINK’S UNCLAIMED PROPERTY AUCTION NETS RECORD $1.24 MILLION

TALLAHASSEE, FL - October 27, 2009 - (RealEstateRama) -- Florida CFO Alex Sink’s Bureau of Unclaimed Property continued its record-setting pace this weekend by netting over $1.24 million at the annual Unclaimed Property Auction held Saturday in Ft. Lauderdale. This is the most ever garnered by Florida’s Bureau of Unclaimed Property at the annual auction. CFO Sink’s push in the week leading up to the Unclaimed Property Auction also helped return to people a staggering $7.23M through over 20,000 accounts in just seven days.

September sales and price report

LOS ANGELES, CA - October 26, 2009 - (RealEstateRama) -- Home sales increased 2.1 percent in September in California compared with the same period a year ago, while the median price of an existing home declined 7.3 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today

Pulte Homes Violated State Law in Manipulating Home Sales Prices, Lawsuit Claims

San Francisco, CA - October 27, 2009 - (RealEstateRama) -- A California homeowner filed a class-action lawsuit against Pulte Homes Corporation (NYSE: PHM) claiming the company engaged in a sophisticated and integrated fraudulent scheme to artificially prop up sales and home sale prices through convoluted control of the home sale process.

Construction to Begin on Homes for Rhode Islanders with Disabilities

Warwick, RI - October 26, 2009 - (RealEstateRama) -- This morning, the House of Hope, Housing Resources Commission (HRC), U.S. Department of Housing and Urban Development (HUD), LISC, Corporation for Supportive Housing, the state Department of Mental Health, Retardation and Hospitals, and Rhode Island Housing broke ground on five new homes for Rhode Islanders with disabilities.

Suozzi Announces Transformation of Housing in Rockville Centre

Rockville Centre, NY - October 26, 2009 - (RealEstateRama) -- Nassau County Executive Thomas R. Suozzi was joined today by Legislator Joe Scannell, (D-Rockville Centre) to announce the transformation of 153 units of low-income housing authority property into newly renovated affordable rental housing in Rockville Centre.

DCA & HMFA Welcome Passaic to Live Where You Work

PASSAIC, N.J. - October 26, 2009 - (RealEstateRama) -- Passaic Mayor Dr. Alex Blanco today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) in City Hall Council Chambers, 330 Passaic Street, to announce that Passaic is the newest member of the Live Where You Work program.

DCA & HMFA Welcome Passaic to Live Where You Work

PASSAIC, N.J. - October 26, 2009 - (RealEstateRama) -- Passaic Mayor Dr. Alex Blanco today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) in City Hall Council Chambers, 330 Passaic Street, to announce that Passaic is the newest member of the Live Where You Work program.

New Jersey Receives Two National Awards for Housing Initiatives

TRENTON, N.J. - October 26, 2009 - (RealEstateRama) -- The State of New Jersey received two national awards from The Council of State Community Development Agencies (COSCDA) today for the Camden Home Improvement Program, a housing rehabilitation program in the City of Camden, and the Live Where You Work program, a statewide workforce housing initiative.

New Jersey Receives Two National Awards for Housing Initiatives

TRENTON, N.J. - October 26, 2009 - (RealEstateRama) -- The State of New Jersey received two national awards from The Council of State Community Development Agencies (COSCDA) today for the Camden Home Improvement Program, a housing rehabilitation program in the City of Camden, and the Live Where You Work program, a statewide workforce housing initiative.

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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.