Reid’s Call To Help Struggling Nevada Homeowners Answered By Bank Of America
WASHINGTON, DC - December 29, 2009 - (RealEstateRama) -- In an effort to bring much needed assistance to Nevada homeowners who are struggling with their mortgages, Nevada Senator Harry Reid recently sent a letter to Bank of America urging the bank to direct more resources toward Nevada.
Tax Credits Available to Developers of Low-income Housing
BISMARCK, ND - December 30, 2009 - (RealEstateRama) -- The North Dakota Industrial Commission has approved the 2010 Low Income Housing Tax Credit Qualified Allocation Plan (QAP), providing more than $2.4 million worth of federal tax credits to support affordable housing development next year. The program is administered by the North Dakota Housing Finance Agency (NDHFA).
Tax Credits Available to Developers of Low-income Housing
BISMARCK, ND - December 30, 2009 - (RealEstateRama) -- The North Dakota Industrial Commission has approved the 2010 Low Income Housing Tax Credit Qualified Allocation Plan (QAP), providing more than $2.4 million worth of federal tax credits to support affordable housing development next year. The program is administered by the North Dakota Housing Finance Agency (NDHFA).
State awards more than $22 million for affordable housing projects
OLYMPIA, WA - December 30, 2009 - (RealEstateRama) -- The Washington State Department of Commerce has awarded $22,490,000 from the Housing Trust Fund to 11 multifamily affordable housing projects in seven counties. A total of 706 units will be built or rehabilitated in Clallam, Island, Walla Walla, King, Spokane, Pierce and Snohomish counties.
Building a Buzz: ORS® Create Awareness for New Home Tax Credit
MADISON, WI - December 29, 2009 - (RealEstateRama) -- Due to a recent decision by Congress, Wisconsin homebuyers will once again stand to benefit from an extended and expanded federal home tax credit program.
USAA Real Estate Company Acquires Broadstone Development in North Dallas
San Antonio, TX - December 23, 2009 - (RealEstateRama) -- On December 23, an affiliate of USAA Real Estate Company acquired Broadstone Parkway, a Class A urban fill mixed-use development comprised of 333 residential units and 39,167 square feet of ground floor commercial space located at 5005 Galleria Drive in North Dallas/Addison from Bank of America. The purchase price has not been disclosed.
Illinois Moves to Nationwide Mortgage Licensing System
CHICAGO, IL - December 30, 2009 - (RealEstateRama) -- The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that starting January 4, 2010 mortgage brokers and mortgage bankers will use the Nationwide Mortgage Licensing System (NMLS) for license applications and renewals. Loan originators will also begin transitioning onto the NMLS for their new individual licensing credentials required in 2010. The national data base ensures that any mortgage loan professionals moving to Illinois will be able to demonstrate competency and a record clear of disciplinary actions in any other state in the nation.
SUBSIDIZED RENTAL HOUSING VACANCIES AT 6.7 PERCENT
December 30, 2009 - (RealEstateRama) -- Statewide vacancies in subsidized, deed-restricted units rose to 6.7 percent during the third quarter, while vacancy rates in non-subsidized, market-rate units were slightly higher at 7.4 percent. According to a report released today by the Colorado Department of Local Affairs¿ Division of Housing, third quarter vacancies rose from the second quarter rate of 6.4 percent, and are up from a rate of 5.7 percent reported during the third quarter of last year.
Free Fair Housing Workshop Offered
December 30, 2009 - (RealEstateRama) -- Learn about fair housing practices and laws at a free three-hour workshop from 9 a.m. to noon Friday, Jan. 15, at the Phoenix City Hall, 200 W. Washington St., assembly room A. This workshop will offer ADRE-authorized fair housing REALTOR® re-licensing credit and is presented in partnership with the Southwest Fair Housing Council.
Zweifel Offers a Fair Shake for Taxpayers to Kick Off the New Year
JEFFERSON CITY, MO - December 29, 2009 - (RealEstateRama) -- A little more than six months after being signed into law, legislation developed by State Treasurer Clint Zweifel will allow him to return more on investments he manages for Missouri taxpayers beginning January 1. The legislation, Invest in Missouri, received the unanimous support of the Senate and the House and was signed by Gov. Nixon on June 29.
Missouri Housing Development Commission Provides Millions in Mortgages and Assistance to First-Time Homebuyers
Kansas City, MO - December 29, 2009 - (RealEstateRama) -- Even in the face of a challenging economic environment, Missouri Housing Development Commission (MHDC) continues to provide quality affordable housing to the low- and moderate-income residents of Missouri. In addition, due to innovative programs and partnerships, MHDC has been able to continue its lending programs for first-time homebuyers with mortgage revenue bond financings and a commitment to homebuyers for assistance with down payment and closing costs.
NYCEDC Seeks Developer for Industrial Building in Sunset Park
New York, NY - December 28, 2009 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) today issued a Request for Proposals (RFP) for the disposition and development of a vacant 1.1 million-square-foot warehouse building, known as Federal Building #2, in the vibrant industrial waterfront area of Sunset Park, Brooklyn.
Thursday, 12/31, is Deadline to Apply for “2008 Tax Year” Property Tax & Rent...
Harrisburg, PA - December 29, 2009 - (RealEstateRama) -- Senator Michael A. O’Pake (D-Berks) today reminded eligible older adults and people with disabilities that they only have until Thursday, December 31, to apply for “2008 tax year” rebates under the state’s Property Tax and Rent Rebate (PTRR) Program.
Public hearing dates set for housing development funding
December 29, 2009 - (RealEstateRama) -- Missouri Housing Development Commission (MHDC) will hold public hearings at four different locations in January to discuss 122 affordable housing development proposals submitted by developers. Developers applied for these funds in response to the 2010 Notification of Funding Availability (NOFA) issued in June 2009. Hearings are planned for Kansas City, Springfield, St. Charles and Columbia.
CFO SINK CALLS FORECLOSURE ORDER “IMPORTANT STEP” TO HELP FLORIDA HOMEOWNERS
TALLAHASSEE, FL - December 29, 2009 - (RealEstateRama) -- Florida CFO Alex Sink today commended the Florida Supreme Court order recommending a statewide managed mediation program for Florida’s homeowners. Given her previous work to aid Floridians struggling with foreclosure, CFO Sink was tapped by Chief Justice Peggy Quince to provide a delegate on the Task Force that developed these recommendations.
Boswell announces more than $2.74 million for homeless assistance programs in Iowa’s 3rd District
Washington, DC - December 28, 2009 - (RealEstateRama) -- Today, Congressman Leonard Boswell announced that the U.S. Department of Housing and Urban Development has awarded $2,745,287 in Continuum of Care Homeless Assistance (CoC) awards for Iowa’s 3rd District.
Statewide grantees provide services to stop, prevent homelessness
December 28, 2009 - (RealEstateRama) -- The Minnesota Department of Human Services (DHS) has distributed nearly $11 million of federal funds to 31 organizations in Minnesota working to help individuals, families and unaccompanied youth find, secure and stay in affordable housing.
Obama Administration Awards $1,080,630 in Homeless Grants Throughout South Dakota
WASHINGTON, DC - December 23, 2009 - (RealEstateRama) -- The Obama Administration today announced that the U.S. Department of Housing and Urban Development (HUD) is renewing grant funding needed to keep six local homeless assistance programs throughout South Dakota operating.
Rahall Sees Boost for Construction Jobs and Families With $25 Million Housing Grant
Washington,DC - December 28, 2009 - (RealEstateRama) -- U.S. Rep. Nick Rahall (W.Va.) sees a federal grant for the West Virginia Housing Development Fund as a boost for the State's construction workers and families.
Starrett City Refinancing Completed; Complex Will Remain Affordable for Another 30 Years
Albany, NY - December 28, 2009 - (RealEstateRama) -- State Housing Commissioner Deborah VanAmerongen announced that refinancing has been finalized at the 5,881-unit Starrett City housing complex in Brooklyn, the largest publicly assisted affordable housing complex in the nation.
New Hampshire Housing/U.S. Treasury Partnership Offers Historically Low Mortgage Rates
BEDFORD, N.H. - December 28, 2009 - (RealEstateRama) -- New Hampshire Housing Finance Authority has elected to participate in the U.S. Treasury’s New Issue Bond Program (NIBP).
St. Louis Fed Analysis: Commercial Real Estate Lending Challenges District Banks
ST. LOUIS, MO - December 24, 2009 - (RealEstateRama) -- Amid ongoing deterioration in the commercial real estate (CRE) market, many community banks face the possibility of significant losses from soured loans and heightened refinancing risk in the months ahead
Bond Announces More Than $23 Million in Federal Funds for Missouri Homeless Programs
vWASHINGTON, D.C. - December 24, 2009 - (RealEstateRama) -- U.S. Senator Kit Bond today announced that the U.S. Department of Housing and Urban Development (HUD) will release more than $23 million in federal grant funds to local Missouri homeless assistance programs
Lake Extension invites community to Promise Ranch property tour
UMATILLA, FL - December 24, 2009 - (RealEstateRama) -- The Lake County Extension is partnering with Florida’s Forest Stewardship Program to host a property tour of the 1,500-acre Promise Ranch in Umatilla on Thursday, Jan. 21, at 9 a.m.
Dodd Announces Over $28.7 Million for Connecticut Homeless Assistance Programs
December 24, 2009 - (RealEstateRama) -- Senator Chris Dodd (D-CT) announced today that several agencies throughout Connecticut will receive a total of over $28.7 million to support local homeless assistance programs. The funds were awarded from the U.S. Department of Housing and Urban Development’s Continuum of Care grant program.
Housing Production Posts Decrease in November, CBIA Announces
SACRAMENTO, CA - December 24, 2009 - (RealEstateRama) -- Housing construction in California continued to decrease in November and is on track to set a record for the least amount of homes produced in a single year, the California Building Industry Association announced today.
Obama Administration Awards $338,517 in Homeless Grants Throughout Wyoming
WASHINGTON, DC - December 23, 2009 - (RealEstateRama) -- The Obama Administration today announced that the U.S. Department of Housing and Urban Development (HUD) is renewing grant funding needed to keep 4 grantees in local homeless assistance programs ...
$15,536,217 in Homeless Grants Throughout Tennessee
MEMPHIS, TN - December 23, 2009 - (RealEstateRama) -- The Obama Administration today announced that the U.S. Department of Housing and Urban Development (HUD) is renewing grant funding needed to keep 104 local homeless assistance programs throughout Tennessee operating.
$5,289,989 in Homeless Grants Throughout Nevada
WASHINGTON, DC - December 23, 2009 - (RealEstateRama) -- The Obama Administration today announced that the U.S. Department of Housing and Urban Development (HUD) is renewing grant funding needed to keep twenty local homeless assistance programs throughout Nevada operating.
Obama Administration Awards Over $22 Million in Homeless Grants Throughout New Jersey
WASHINGTON, DC - December 23, 2009 - (RealEstateRama) -- The Obama Administration today announced that the U.S. Department of Housing and Urban Development (HUD) is renewing grant funding needed to keep 159 local homeless assistance programs throughout New Jersey operating.
