Blog Page 1152

Rep. Foster Votes to Allow Service Members to Take Advantage of Homebuyer Tax Credits...

Washington, DC - October 9, 2009 - (RealEstateRama) -- Continuing his efforts help military service members and their families, Rep. Bill Foster (IL-14) voted in favor of the Service Members Home Ownership Tax Act of 2009, which would extend the deadline for utilizing the first-time homebuyer tax credit of $8,000 for qualifying service members that was included in the stimulus. The bill passed by an overwhelmingly bipartisan vote of 416-0.

MERIT Hires Sherrie LeVan as Residential Property Manager for Expanded Rental Services

Aliso Viejo, CA - October 9, 2009 - (RealEstateRama) -- MERIT, a leading provider of professional community association management services, recently hired Sherrie LeVan as residential property manager for the firms expanded rental property services. MERIT Rental Property Management, Inc. expands MERIT’s current portfolio of services to include leasing and property management for single-family, condominium and urban residences

MERIT Property Management’s San Diego Office Positions for Growth and Relocates to Expanded Office...

New office was designed with sustainable green design principles. San Diego, CA - October 9, 2009 - (RealEstateRama) -- MERIT, a leading provider of professional community association and rental management services, announces the relocation of their San Diego office due to rapid growth in the region. The relocation also created the opportunity for MERIT to design the new office space with sustainable green design principles

Congresswoman Maxine Waters Comments on Federal Housing Administration’s Reserves

Washington, DC - October 9, 2009 - (RealEstateRama) -- The Subcommittee on Housing and Community Opportunity, chaired by Congresswoman Maxine Waters (D-CA), held a hearing today on “The Future of the Federal Housing Administration’s Capital Reserves: Assumptions, Predictions and Implications for Homebuyers”. FHA plays an increasingly important role in the nation’s housing market. Recent news articles have raised concerns about the FHA’s capital reserve fund, the account the agency uses to pay insurance claims to lenders when borrowers default on home loans. Assistant Secretary for Housing and FHA Commissioner David Stevens, testified today regarding steps FHA is taking to boost capital reserve levels.

Rep. Eshoo Votes for Healthcare and Housing for Service Members

Washington, D.C. - October 9, 2009 - (RealEstateRama) -- Today, Rep. Anna G. Eshoo (D-Palo Alto) voted for two key measures for service members and veterans. H.R. 1016, the Veterans Health Care Budget Reform and Transparency Act, speeds the delivery of funding for veterans health care and H.R. 3590, the Service Members Home Ownership Tax Act, assists service members looking to buy or sell their homes and extends home-buying incentives.

Zweifel Launches Revamped Low-Interest Loan Program at Life Science Start Up

ST. LOUIS, MO - October 8, 2009 - (RealEstateRama) -- State Treasurer Clint Zweifel was in Midtown St. Louis today to launch a recently revamped low-interest loan program he administers called the Missouri Linked Deposit Program. He outlined the expansion of the loan program while visiting LipoSpectrum, a life science start up and program borrower that uses patented technology to quickly perform lipid tests in the fight against various diseases

Model Homes Open at Renaissance Square in Essex/Middle River, Maryland

Columbia, MD - October 8, 2009 - (RealEstateRama) -- Baltimore County Executive Jim Smith, Council Chair Joseph Bartenfelder, Councilman John Olszewski Sr., and representatives from Enterprise Homes, Inc. and the Mark Building Company cut the ribbon to mark the opening of the model homes at Renaissance Square, a new green housing community in Middle River. Renaissance Square will have 115 for-sale homes and townhomes and 81 apartments for seniors in the new Evergreen building. The model homes will be open for public tours beginning Friday, October 9, at 11 a.m. and thereafter from 11 a.m. to 6 p.m. daily. The sales center is located at 15 St. Stephen’s Lane, off of Old Eastern Avenue, just east of Back River Neck Road

Whitfield Works to Make Homeownership a Reality for Service Members

WASHINGTON, DC - October 8, 2009 - (RealEstateRama) -- U.S. Representative Ed Whitfield (KY-01) supported legislation today which will help members of the U.S. military purchase a home and ensure soldiers deployed abroad are not unfairly penalized under the law.

Biggert Pushes to Extend Homebuyer Tax Credit, Stabilize Housing Market

Washington, DC - October 8, 2009 - (RealEstateRama) -- U.S. Representative Judy Biggert (R-IL-13th) today introduced two related measures aimed at promoting economic recovery by strengthening the housing sector, boosting homes sales, and stabilizing property values. Both bills are fully offset to remain budget neutral and would extend or amplify the popular first-time home buyer (FTHB) tax credit, which is set to expire at the end of November

Congresswoman Kosmas Helps Pass Legislation to Support Home Ownership among Our Troops

Washington, DC - October 8, 2009 - (RealEstateRama) -- Congresswoman Suzanne Kosmas (FL-24) voted in favor of the Service Members Home Ownership Tax Act (H.R. 3590), which will make changes to home-buying provisions in the American Recovery and Reinvestment Act to benefit active-duty servicemen and women currently, or soon to be, deployed overseas. The bipartisan legislation passed by a vote of 416-0.

Mack Votes to Extend Homebuyer Tax Credit for Servicemembers

WASHINGTON, DC - October 8, 2009 - (RealEstateRama) -- Congressman Connie Mack (FL-14) praised unanimous passage of legislation in the House of Representatives today that will extend the $8,000 first-time homebuyer tax credit for one year for qualifying U.S. servicemen and women.

Kagen Makes It Easier For Veterans To Buy Their First Homes

WASHINGTON, DC - October 8, 2009 - (RealEstateRama) -- Congressman Steve Kagen, M.D. is building a better future for our veterans and their families.

Dodd Probes Role Government-Sponsored Enterprises Should Play to Strengthen the American Housing Market

Insists Extraordinary Assistance Cannot Continue, Calls for Extension of GSE and FHA Loan Limits. October 8, 2009 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Chris Dodd (D-CT) held an oversight hearing to probe the role that Government-Sponsored Enterprises should play to ensure the future strength of the American housing market.

Dodd Probes Role Government-Sponsored Enterprises Should Play to Strengthen the American Housing Market

Insists Extraordinary Assistance Cannot Continue, Calls for Extension of GSE and FHA Loan Limits. October 8, 2009 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Chris Dodd (D-CT) held an oversight hearing to probe the role that Government-Sponsored Enterprises should play to ensure the future strength of the American housing market.

Attorney General Cuomo Announces Takedown Of Mortgage Fraud Ring That Obtained Millions In Loans...

NEW YORK, NY - October 8, 2009 - (RealEstateRama) -- Attorney General Andrew M. Cuomo and Southern District of New York United States Attorney Preet Bharara today announced the takedown of a mortgage fraud ring that illegally obtained $9 million in loans for phantom home buyers.

HUD announces $2.9 million for affordable housing and community development in Upper Darby and...

PHILADELPHA, PA - October 6, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced Upper Darby and Abington will receive more than $2.9 million to support community development and produce more affordable housing.

Nye Asks Banks, Mortgage Lenders to Aid Drywall Victims

Washington, DC - October 8, 2009 - (RealEstateRama) -- Congressman Glenn Nye (VA-02) is asking banks and mortgage servicers to provide assistance to homeowners struggling with toxic drywall. On Thursday, Nye announced that he had introduced a Concurrent Resolution (H.Con.Res. 197) in the House of Representatives, calling on mortgage holders to allow homeowners to apply for a temporary forbearance in their mortgage payments.

House Unanimously Passes Blumenauer Provision, Extends Homebuyer Credit to Americans Serving Abroad

Washington, DC - October 8, 2009 - (RealEstateRama) -- The House today passed the Service Members Home Ownership Tax Act of 2009, H.R. 3590, which includes a Blumenauer provision that allows members of the armed services, Foreign Service, and intelligence community to take full advantage of the 2009 First Time Homebuyer Tax Credit.

Schumer Announces Over $46,000 Coming To Schenectady To Help Homeless Veterans

Washington, DC - October 7, 2009 - (RealEstateRama) -- U.S. Senator Charles Schumer announced today that the Altamont Program, Inc. in Schenectady will receive $46,332 as part of a Department of Veterans Affairs efforts to provide housing and support services to homeless veterans.

Congressman Harry Teague Announces Funding for Las Cruces Homeless Veterans Center

Washington, DC - October 7, 2009 - (RealEstateRama) -- Tuesday, Congressman Harry Teague announced that the Department of Veterans Affairs (VA) is awarding $180,750 to the Mesilla Valley Community of Hope.

Rahall Announces USDA Rural Development Grants

BECKLEY, W.Va. - October 7, 2009 - (RealEstateRama) -- U.S. Rep. Nick Rahall (W.Va.) announced today that the U.S. Department of Agriculture (USDA) Rural Development agency has approved $175,600 in housing preservation funds for Greenbrier, Fayette, McDowell and Wyoming Counties.

Vallejo Woman Charged with Mortgage and Bankruptcy Fraud

Defendant Used Fraudulent Deed to Obtain More Than $130,000 in Equity from Residence in Bankruptcy Proceeding. SAN JOSE, CA - October 8, 2009 - (RealEstateRama) -- Vallejo, Calif., resident Myra Holmes was indicted by a federal grand jury with concealment of assets and bank fraud, United States Attorney Joseph P. Russoniello announced.

Free Fair Housing Workshop

October 8, 2009 - (RealEstateRama) -- Learn about fair housing practices and laws at a free three-hour workshop from 9 a.m. to noon Thursday, Oct. 15, at the city of Phoenix, Calvin C. Goode Municipal Building, 251 W. Washington St., 7th Floor.

Rep. Young Cosponsors, Votes For Two Bills To Aid Veterans

Washington, D.C. - October 8, 2009 - (RealEstateRama) -- Alaskan Congressman Don Young voted yes today on H.R. 3590, the Service Members Home Ownership Tax Act and H.R. 1016, the Veterans Health Care Budget Reform and Transparency Act, both of which he cosponsored.

Michigan Automobile and Home Insurance Consumer Advocate Urges Michigan Supreme Court to Ban Use...

October 7, 2009 - (RealEstateRama) -- Michigan's Automobile and Home Insurance Consumer Advocate Melvin Butch Hollowell today urged the Michigan Supreme Court to affirm the state's right to prohibit auto insurance companies from using occupation, education, and credit scores in setting auto insurance rates.

Bennet: Eagle to Receive $26,900 USDA Rural Development Grant to Preserve and Improve Housing...

Eagle Grant is part of $71,226 Awarded to Colorado Rural Communities. October 7, 2009 - (RealEstateRama) -- Michael Bennet, U.S. Senator for Colorado, announced today that local efforts to repair local housing units for elderly residents will get a $26,900 boost from the U.S. Department of Agriculture.

Governor Paterson announces major expansion of New York’s solar energy

Albany, NY - October 7, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced that $10 million in American Recovery and Reinvestment Act (ARRA) funding is now available through a competitive statewide solicitation for solar energy projects in New York State.

National energy official to speak at housing conference

Inspirational speaker also on agenda; variety of workshops scheduled. AUGUSTA, ME - October 7, 2009 - (RealEstateRama) -- One of the nation’s top energy officials and an inspirational speaker will join Governor John E. Baldacci in addressing the state’s housing leaders at Maine’s 2009 Affordable Housing Conference October 19 at the Augusta Civic Center.

National energy official to speak at housing conference

Inspirational speaker also on agenda; variety of workshops scheduled. AUGUSTA, ME - October 7, 2009 - (RealEstateRama) -- One of the nation’s top energy officials and an inspirational speaker will join Governor John E. Baldacci in addressing the state’s housing leaders at Maine’s 2009 Affordable Housing Conference October 19 at the Augusta Civic Center.

National energy official to speak at housing conference

Inspirational speaker also on agenda; variety of workshops scheduled. AUGUSTA, ME - October 7, 2009 - (RealEstateRama) -- One of the nation’s top energy officials and an inspirational speaker will join Governor John E. Baldacci in addressing the state’s housing leaders at Maine’s 2009 Affordable Housing Conference October 19 at the Augusta Civic Center.

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Mayor London Breed Celebrates Groundbreaking of New Affordable Housing in the...

Mayor London N. Breed today joined community leaders to celebrate the groundbreaking of future affordable housing at 1950 Mission Street. Once completed, the project will offer 155 affordable apartments for families