Blog Page 1154

Dallas Welcomes Its Fifth Crowne Plaza Hotel

ATLANTA, GA - September 11, 2009 - (RealEstateRama) -- IHG (InterContinental Hotels Group) [LON: IHG, NYSE:IHG (ADRs)], the world's largest hotel group by number of rooms, today announced the Crowne Plaza Dallas Downtown will open within a month. The conversion hotel has undergone a $14 million renovation from the Hampton Inn Dallas-West End-Convention Center.

Suozzi Hosts First Housing Lottery In Nassau County For Foreclosed Properties

MINEOLA, NY - September 14, 2009 - (RealEstateRama) -- Nassau County Executive Thomas R. Suozzi today hosted Nassau's first Neighborhood Stabilization Program lottery for first-time homebuyers to purchase foreclosed properties in Nassau County.

HPD Commissioner Cestero Headlines NYSAFAH Breakfast, Discusses Progress Of Mayor’s New Housing Marketplace Plan

New York, NY - September 10, 2009 - (RealEstateRama) -- New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero delivered remarks this morning at The New York State Association for Affordable Housing (NYSAFAH) Networking Breakfast, regarding HPD’s progress on Mayor Bloomberg’s New Housing Marketplace Plan and the future course of the plan.

Bachmann Urges HUD to Bar ACORN from Taxpayer Fundin

September 15, 2009 - (RealEstateRama) -- Last week, U.S. Representative Michele Bachmann (MN-06) asked the U.S. Department of Housing and Urban Development to suspend and bar ACORN from its programs and funding

Meth Lab Home Decontamination Program Reaches Milestone

September 15, 2009 - (RealEstateRama) -- Since its inception in 2007, the Energy and Environment Cabinet’s Methamphetamine Cleanup Program has reviewed cleanup reports and worked with contractors and home owners on the cleanup of meth-contaminated properties across Kentucky

Lake County Property Appraiser’s Tavares office to close Friday for move to new building

TAVARES, FL - September 15, 2009 - (RealEstateRama) -- The Lake County Property Appraiser’s Office will close its downtown Tavares office in the Lake County Historic Courthouse, located on the third floor of 317 W. Main St., on Friday, Sept. 18, as it moves its offices to its new quarters across the street at 320 W. Main St.

Mortgage Lender is Sentenced to 63 Months in Custody in Connection with Real Estate...

SAN FRANCISCO, CA - September 15, 2009 - (RealEstateRama) -- Cheryl Hernandez Camus was sentenced today to 63 months in prison, and ordered to pay $1,457,255 in restitution for mail and wire fraud in connection with a real estate investment scheme, United States Attorney Joseph P. Russoniello announced.

U.S. Department of Energy announces more than $10 million in energy efficiency grants for...

FRANKFORT, KY - September 15, 2009 - (RealEstateRama) -- Energy efficiency and increased use of renewable energy sources in Kentucky got a substantial boost this week from the U.S. Department of Energy (DOE). The Commonwealth has been awarded $10,427,000 in American Recovery and Reinvestment Act (ARRA) funding from the Energy Efficiency and Conservation Block Grant Program.Funds from the program will support projects that create jobs, support energy efficiency and conservation in working toward the goals of achieving Kentucky’s comprehensive energy plan.

Brownback Applauds Infrastructure Development in Hutchinson, Kansas

WASHINGTON, DC - September 15, 2009 - (RealEstateRama) -- U.S. Senator Sam Brownback today announced that the city of Hutchinson is to be awarded $1.78 million in stimulus funding. The money, from the Economic Development Administration, will be used to build a rail spur into the Salt City Business Park.

HousingIowa Awards Showcase the Best in Iowa Affordable Housing Initiatives

Des Moines, IA - September 15, 2009 - (RealEstateRama) -- Four outstanding Iowa housing initiatives and one individual from throughout the state were recently recognized with HousingIowa Awards at the 2009 HousingIowa Conference, presented by the Iowa Finance Authority (IFA) in Des Moines.

HUD announces $79.9 million for affordable housing and community development in Philadelphia

PHILADELPHIA, PA - September 1, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced Philadelphia will receive more than $79.9 million to support community development and produce more affordable housing.

HUD Awards $553,609 for Affordable Housing and Economic Development in Rural Nebraska

WASHINGTON, DC - September 8, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today awarded $553,609 to two rural housing programs in Nebraska to stimulate economic development, create jobs and produce more affordable housing.

Congressman Paul Hodes’ Statement on President Obama’s Speech on Financial Regulatory Reform

Washington, DC - September 14, 2009 - (RealEstateRama) -- Congressman Paul Hodes, a member of the House Financial Services Committee, released the following statement after President Obama’s speech on the need for financial regulatory reform. The President’s speech marks exactly one year from the collapse of Lehman Brothers.

Durham Hosts Foreclosure Prevention Workshop for Unemployed Residents and Small Business Owners Sept. 17

DURHAM, N.C. - September 10, 2009 - (RealEstateRama) -- Durham residents and small business owners facing foreclosure or bankruptcy due to job loss and the current economic crisis can now seek specialized assistance to save their homes and their businesses thanks to a City of Durham-sponsored workshop next week.

It’s Now or Never for First-Time Home Buyers Hoping to Capitalize on $8,000 Tax...

MORRIS PLAINS, N.J.- September 9, 2009 - (RealEstateRama) -- The $8,000 tax credit enacted earlier this year by Congress, along with the today’s affordable home prices and low interest rates, has helped make the dream of homeownership a reality for countless Americans.

Three Communities Selected to Develop New Power Park Speculative Sites in Nebraska

Lincoln, NE - September 8, 2009 - (RealEstateRama) — Gov. Dave Heineman today announced that the cities of Aurora, Kearney and South Sioux City have been selected to participate in a new initiative designed to develop new industrial power park sites ready for development in Nebraska.

Kahn works to make appealing property taxes more ‘user friendly

LANSING, MI - September 14, 2009 - (RealEstateRama) -- With property values across the state and country falling while taxes for some homeowners are increasing, Sen. Roger Kahn introduced four measures in the Michigan Senate to make the appeals process more fair and smooth for property owners

Former Madison County Real Estate Investor Charged in Mortgage Fraud Scheme

JACKSON, MS - September 11, 2009 - (RealEstateRama) -- United States Attorney Stan Harris, Federal Bureau of Investigation Acting Special Agent in Charge Stephen F. Gomez, Federal Deposit Insurance Corporation - Office of Inspector General Special Agent in Charge Thomas C. McDade, and Madison/Rankin County District Attorney Michael Guest announced today that a federal grand jury has returned a six count indictment against Earline Y. Rawls in connection with a fraudulent mortgage loan scheme. The indictment charges Rawls with one count of conspiracy to commit bank fraud and six counts of bank fraud.


September 11, 2009 - (RealEstateRama) -- Congressman Jack Kingston (R-GA/01) announced today that the City of Hinesville is the recipient of a community development block grant (CDBG) from the US Department of Housing and Urban Development (HUD). Funding will be used to fund several projects within the city including the Azalea Streetscape Project.

New Study Shows Hurricane Storm Surge Threatens More Coastal Properties; Superior Construction and Elevation...

TAMPA, FL - September 14, 2009 - (RealEstateRama) -- Government minimum flood elevation requirements for properties vulnerable to storm surge throughout the Gulf Coast region are woefully inadequate, according to a new study of property damage caused by Hurricane Ike, which struck the Bolivar Peninsula near Galveston, Texas one year ago yesterday, Sept. 13, 2008.

Florida Realtor Magazine Wins Top Awards Publication Honored for Writing, Design Excellence

ORLANDO, FL - September 14, 2009 - (RealEstateRama) — Florida Realtor, the Business Magazine of Florida Real Estate and monthly trade publication of Florida Realtors®, recently won six awards in the 2009 Florida Magazine Association’s (FMA) Charlie Awards competition.

CHFA Announces First TCAP Award in Colo. September 11, 2009 Jerilynn Martinez

September 14, 2009 - (RealEstateRama) -- Colo. became one of the very first states in the nation to tap into the Tax Credit Assistance Program (TCAP) funds created for affordable housing development and preservation in the American Recovery and Reinvestment Act (ARRA).

Biondi On Jump In Foreclosure Filings: Corzine Out Of Touch With Middle Class

Trenton, NJ - September 9, 2009 - (RealEstateRama) -- Assembly Republican Conference Leader Pete Biondi issued the following statement in response to a Star Ledger report today that residential foreclosure complaints in New Jersey increased 43 percent in July over the same month last year:

Housing Market Survey Grants Available

BISMARCK, ND - September 10, 2009 - (RealEstateRama) -- The Industrial Commission has approved $50,000 of additional funding for the North Dakota Housing Finance Agency’s (NDHFA) Housing Market Survey Grant program.

HUD announces $927,000 for affordable housing and community development in Loudoun County Virginia

WASHINGTON, DC - September 2, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced that Fairfax County will receive more than $900 thousand 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.

United States Files Suit Against Long Island Housing Complex For Fair Housing Act Violations

BROOKLYN, NY - September 10, 2009 - (RealEstateRama) -- Benton J. Campbell, U.S. Attorney for the Eastern District of New York, today announced the filing of a federal civil complaint against Sunrise Villas, LLC, its manager, and assistant manager for violations of the Fair Housing Act. Sunrise Villas, LLC is the owner and operator of the Sunrise Villas apartment complex located at Leonard Court in Lindenhurst, New York.


Low-income residents purchase and move into affordable renovated co-op units and thank NYCHA and other supporters for enabling the conversion. Bronx, N.Y. - September 11, 2009 - (RealEstateRama) -- Hundreds of former public housing residents in the Bronx welcomed the unlikely dream of affordable homeownership in once publicly-owned buildings and residents in Mott Haven hosted a family day celebration in honor of those who helped them realize the dream Saturday, September 12, at 12:30 p.m

USAA Real Estate Company Announces Home Depot Development in Phoenix, Arizona

September 11, 2009 - (RealEstateRama) -- USAA Real Estate Company, in development partnership with Seefried Industrial Properties, Inc., announced the acquisition of 46.12 acres of land in Tolleson, Arizona for the build-to-suit development of a 465,600-square-foot regional distribution center. Home improvement specialty retailer Home Depot, Inc. signed a 20-year lease to occupy the space upon completion. The transaction price has not been disclosed.

Granholm Hails Plans to Transform Former Wixom Assembly Plant into Renewale Energy Park, Creating...

LANSING, MI - September 11, 2009 - (RealEstateRama) -- Governor Jennifer M. Granholm today hailed plans to transform the former Ford Wixom Assembly plant into a $725 million renewable energy park anchored by Xtreme Power and Clairvoyant Solar. The project, which still requires approval of federal and state incentives, will provide up to 4,000 jobs on site

Grand Opening of Miller’s Court, Providing Affordable Homes for Teachers, Office Space for Education...

September 11, 2009 - (RealEstateRama) -- WHO: Enterprise, SunTrust Community Capital, U.S. Bank, Howard Bank, Seawall Development Company, U.S. Department of the Treasury, state of Maryland, city of Baltimore, Hamel Builders, Marks Thomas Architects, Baltimore Development Company and Reznick Group



New law cuts red tape for real estate professionals, businesses; ...

Gov. Bruce Rauner today signed legislation to reduce burdensome licensing requirements for real estate businesses. The new licensing program is expected to save the state money by reducing a duplicative and unnecessary licensure structure that provides...