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SENIORS GET TO STAY IN HOMES AT FOREST DALE APARTMENTS IN DALLAS, TEXAS

Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) today announced that it has provided a $7.0 million loan to Chesapeake Community Advisors (CCA) and Trinity Village Non Profit Housing Corp. (Trinity) for the acquisiti...

CALIFORNIA GOVERNOR SIGNS HISTORIC HOUSING PACKAGE

Mercy Housing California is honored to celebrate with our partners and legislative leaders a hard-fought victory for the future of affordable housing and healthy communities. Signing into law a package of 15 bills, Governor Jerry Brown gave the final approval to tackle the state’s affordability crisis through a two-pronged approach

Flatiron Partnership Unveils Seventh Annual Flatiron: Where Then Meets Now Report Detailing Real Estate...

The Flatiron/23rd Street Partnership Business Improvement District (BID) today issued the seventh annual Flatiron: Where Then Meets Now report showcasing the significant development and growth of the commercial and residential sectors in the district.

August Market Report

Memphis-area home sales for August increased 10.3 percent from a year ago, with 1,942 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were up 11.2 percent from July when there were 1,747 total sales. Average sales price from August-to-August was up 4.4 percent, at $183,175. Inventory decreased 2.1 percent, with 4,713 units listed for sale. Year-to-Date sales volume was up 13.7 percent at $2.24 billion.

High Standards of Professional Conduct Apply to Insurance Needs of Ohio Home Buyer

Purchasing a home or business property is a time of joy, excitement and inevitably stress generated by the work and by the unfamiliarity buyers have with the layers of demands from loan calculations to insurance commitments being thrust at them. The O...

Brown Urges Feds to Release Funds for Low-Income Home Energy Assistance Programs

U.S. Sen. Sherrod Brown (D-OH) this week urged the U.S. Department of Health and Human Services (HHS) to release funds for the Low Income Home Energy Assistance Program (LIHEAP), which helps Ohio’s low-income households and seniors pay energy bills during the cold winter and hot summer months

Rep. Smith Votes to Fund Hurricane Relief

Rep. Lamar Smith voted to provide $15 billion in emergency funding for the Federal Emergency Management Administration (FEMA), the Small Business Administration (SBA), and the Department of Housing and Urban Development (HUD) to fund recovery efforts f...

Maloney and Local Officials Slam VA Decision to Cut Funding for Hudson Valley Homeless...

Representative Sean Patrick Maloney (NY-18) and local officials condemned a decision by the Department of Veterans Affairs to deny an anticipated annual federal investment of over $500,000 to Hudson River Housing. If no action is taken, funding will ru...

Flame Cut Steel Establishes New Home in Irvington

When Ramesh Nuthi was looking for a permanent location for his manufacturing business in 2015, he turned to the New Jersey Economic Development Authority (EDA) for support. With just over $645,000 in EDA direct loan funds in hand, Nuthi was able to establish Flame Cut Steel’s new home in an 18,291-square-foot facility in Irvington and purchase new machinery to help expand the company’s services

Hogan Administration Awards $38.4 Million in Grants for Local Roads

Governor Larry Hogan today announced the administration has awarded $38,390,961 in grants for local roads in municipalities and counties from Western Maryland to the Eastern Shore. The grants are awarded by the Maryland Department of Transportation (MDOT) to jurisdictions based on the state’s formula for the distribution of Highway User Revenues (HURs).

Massachusetts Association of Realtors® Recognizes Realtors® Elizabeth Morawiak-Paczuska and Richard Waystack for their Community...

The Massachusetts Association of Realtors® (MAR) announced today that Elizabeth “Ella” Morawiak-Paczuska of Preferred Properties Realty in Norwell and Richard Waystack of Jack Conway & Company, Inc. in Harwich Port were named MAR’s 2017 Good Neighbor Award winners for their work on behalf of Project Health CV Inc. and the Bob Murray Housing with Love Walk respectively.

Pittsfield Realtor® Named 2017 Massachusetts Realtor® of the Year

The Massachusetts Association of Realtors® (MAR) announced today that Barb Davis-Hassan, president of Barb Hassan Realty, Inc. in Pittsfield is the Massachusetts Realtor® of the Year for 2017. Davis-Hassan was presented the award at MAR’s Professional Awards Reception, which was held September 14 at the DoubleTree Hilton in Milford.

Waltham Broker Receives Massachusetts Realtor® Distinguished Service Award

The Massachusetts Association of Realtors® (MAR) announced today that Gary Rogers, a Realtor® and broker of RE/MAX on the Charles in Waltham, has been named recipient of the Milton H. Shaw Distinguished Service Award for 2017. The award was presented at MAR’s Professional Awards Reception, which was held September 14 at the DoubleTree Hilton in Milford.

August brings higher Illinois home prices, lower sales amid tight inventory

SPRINGFIELD, Ill. — The summer’s competitive housing market extended through August with lower seasonal inventory driving home prices higher, but tempering total home sales, according to Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in August 2017 totaled 16,196 homes sold, down 3.4 percent from 16,771 in August 2016. The statewide median price

Durbin, Scott, Menendez, Young, Donnelly, Duckworth Introduce Bipartisan Legislation To Protect Children In Federally-Assisted...

U.S. Senators Dick Durbin (D-IL), Tim Scott (R-SC), Bob Menendez (D-NJ) Todd Young (R-IN), Joe Donnelly (D-IN) and Tammy Duckworth (D-IL) today introduced the Lead-Safe Housing for Kids Act of 2017, which would require the Department of Housing and Ur...

Davis Announces Litchfield Awarded EDA Grant

U.S. Rep. Rodney Davis (R-Ill.) today announced that the City of Litchfield has been awarded a $2.1 million infrastructure investment grant from the U.S. Economic Development Administration (EDA).

Risch, King Bill to Protect Energy Infrastructure Secures Western Governors’ Association Endorsement

U.S. Senators Angus King (I-Maine) and Jim Risch (R-Idaho) today announced that the Western Governors’ Association, a bipartisan group of 19 governors from Western states and 3 governors from Western U.S. territories, has endorsed the Securing Energy Infrastructure Act. The bipartisan legislation, introduced by the Senators earlier this year, seeks to protect America’s electric grid from cyber-attacks. The WGA expressed their support in a letter earlier this month to the Chairs and Ranking Members of the Senate Committee on Energy and Natural Resources and the Subcommittee on Energy.

AGUILAR ANNOUNCES OVER $625,000 IN HOUSING SUPPORT FOR SAN BERNARDINO VETERANS

Rep. Pete Aguilar announced that Knowledge and Education for Your Success, Inc. (KEYS), a nonprofit organization affiliated with the San Bernardino Housing Authority, received $625,325 in renewal funding for the fifth consecutive year from the Departm...

Justice Department Obtains $70,000 Settlement of Fair Housing Lawsuit against Indiana Housing Authority

Jstice Department announced today that it has reached a settlement with the Housing Authority of the City of Anderson, Indiana, which owns and operates 143 public housing units in the city, to resolve allegations that the Housing Authority had discriminated against residents of these units on the basis of sex and disability.

Special Interests Dim Opportunity For California To Commit To 100% Clean Electricity

Despite overwhelming support from 76% of its constituents, the California State Assembly deferred a vote on Friday on the landmark Senate Bill 100, which would have committed the state to generating 100 percent of its electricity from renewable and zero-carbon sources by 2045. Defying both what’s best for the Golden State and the will of the people, utility companies and electrical unions succeeded in their last-minute ploy to push the bill to next year’s legislative session

Michael Carroll is CalHFA’s New Director of Multifamily Programs

The California Housing Finance Agency’s Board of Directors announced today that it has unanimously appointed Michael Carroll as CalHFA’s Director of Multifamily Programs.

Rep. Huffman Votes Against Partisan Government Funding Package

Rep. Jared Huffman (D-San Rafael) today voted against a destructive, partisan funding bill for fiscal year 2018 that would cut much-needed funding and investments from national priorities like education, infrastructure, and health care, while undermining the Environmental Protection Agency’s ability to protect clean air and clean water.

Florida Keys: Plan Ahead Before Returning Home to Be Safe

As the reentry process for the Lower Keys begins, FEMA stresses the importance of following guidance from your local officials. Currently only residents, business owners, disaster workers, and supply vehicles with appropriate identification, or re-entr...

Two Real Estate Investors Plead Guilty To Bid Rigging In Northern California

Two real estate investors pleaded guilty for their role in conspiracies to rig bids at public real estate foreclosure auctions in Northern California, the Department of Justice announced. Joseph J. Giraudo pleaded guilty to two counts of bid rigging, a...

Orlando home sales, median price both rise in August

The median price of Orlando homes sold during the month of August increased nearly 10 percent while sales increased almost 3 percent compared to August 2016, report the Orlando Regional REALTOR® Association. Inventor continued its year-over-year slide and dropped about 16 percent

Rep. Peters Votes Against Spending Bill that Eliminates Funding for Border Sewage Repairs

U.S. Congressman Scott Peters (CA-52) voted against a partisan government spending package that, among other drastic measures, completely eliminates the U.S.-Mexico Border Water Infrastructure Grant Program. These grants support a bi-national partners...

South Carolina Begins Using Uniform Mortgage Test; 57 State Agencies Now Using the Test

The Conference of State Bank Supervisors (CSBS) announced today that the South Carolina State Board of Financial Institutions and the South Carolina Department of Consumer Affairs will begin using the National SAFE Mortgage Loan Originator (MLO) Test w...

HUD ANNOUNCES DISASTER ASSISTANCE FOR GEORGIA STORM VICTIMS

U.S. Housing and Urban Development today announced HUD will speed federal disaster assistance to the State of Georgia and provide support to homeowners and low-income renters forced from their homes due to Hurricane Irma.

The Boulder Group Arranges Sale of an GSA Building in the Chicago MSA Occupied...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant Internal Revenue Service (IRS) office building located at 14479 S. John Humphrey Drive in Orland Park, IL for $3,250,000.

Free Tours Of The New York State Capitol & Education Building To Be Offered...

State Office of General Services Commissioner RoAnn Destito and State Education Commissioner MaryEllen Elia today announced that visitors to Albany will have the opportunity to take free tours of both the State Education Building and the Capitol on eve...

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C.A.R. Business Products Offers RentSpree to Streamline Tenant Screening and Rental...

Real Estate Business Services® Inc. (REBS®), a subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) and RentSpree have partnered to offer all California REALTORS® 24/7 access to RentSpree’s online rental application and tenant verification services. RentSpree will be offered through the C.A.R. Business Products division, and will help REALTORS® reduce liability while working efficiently with lease/rental transactions.