Monthly Archives: October 2009

Money will Help Local Organization Disburse Home Loans to Low-Income Sacramentans. WASHINGTON, DC - October 2, 2009 - (RealEstateRama) -- Congresswoman Doris O. Matsui (D-CA) announced today that the U.S. Treasury Department has released $1,000,000 to Sacramento Neighborhood Housing Services, Inc. (SNHS). SNHS is a loan fund that provides gap funding and comprehensive home ownership and foreclosure prevention counseling for local low-income individuals and families. Their work has helped countless families achieve the dream of home ownership, and many more stay in their homes despite the recent economic downturn.

WASHINGTON, DC - October 2, 2009 - (RealEstateRama) -- U.S. Reps. Harry Mitchell and Ken Calvert (R-CA) are inviting their colleagues in the House to join them in support of the bipartisan Homebuyer Tax Credit Act, H.R. 1245, to extend and expand the Homebuyer Tax Credit.

PHILADELPHIA, PA - October 2, 2009 - (RealEstateRama) -- The U.S. Department of Homeland Security's Federal Emergency Management Agency (FEMA) announced today the approval of a grant totaling more than $1.8 million to elevate seven flood-prone homes in West Norriton, Montgomery County

October 2, 2009 - (RealEstateRama) -- This is the time of year to get your furnace cleaned and ready for winter. Michigan Department of Energy, Labor & Economic Growth (DELEG) Director Stanley "Skip" Pruss offers some sensible tips so you do not get taken to the cleaners

Washington, DC - October 1, 2009 - (RealEstateRama) -- Today, Congressman Leonard Boswell voted to secure $29,509,000 to fund flood prevention and management projects in Iowa when the House passed the Energy and Water Development Appropriations conference report.

Washington, DC - October 1, 2009 - (RealEstateRama) -- Today, Congressman Leonard Boswell voted to secure $29,509,000 to fund flood prevention and management projects in Iowa when the House passed the Energy and Water Development Appropriations conference report.

October 2, 2009 - (RealEstateRama) -- Congresswoman Lucille Roybal-Allard (CA-34) applauded passage in the U.S. House of Representatives today of the appropriations bill that provides federal funding for critical local water projects in the Los Angeles area.

WASHINGTON, D.C. – Today, the U.S. House of Representatives passed legislation that includes $35,045,000 in earmarks Congressman Charlie Melancon (LA-03) secured for projects in the Third Congressional District. The funding was included in the fiscal year 2010 Energy and Water Appropriations conference report (H.R. 3183). The conference report now goes to the Senate for passage, and then to the President to be signed in to law. This annual funding bill will provide a total of $5.4 billion for Army Corps of Engineers projects nationwide

House Gives Final Approval to $5.5 Million for Wares Creek, $500,000 for Sarasota Renewable Energy Center, $305,000 for Lido Beach, $100,000 for Anna Maria Island Beach Re-nourishment, $100,000 for Port Manatee and up to $5 million for Sarasota Bay Restoration. Washington, DC - October 2, 2009 - (RealEstateRama) -- Congressman Vern Buchanan (FL-13) has won final approval in the House of $8.3 million in federal funding for environmental projects in Florida’s 13th District. The House voted 308-114 for the fiscal year 2010 energy and water appropriations bill (H.R. 3183) today.

Green Renovation of 186 Affordable Apartments in Cherry Hill Neighborhood. BALTIMORE, MD - October 1, 2009 - (RealEstateRama) -- Mayor Sheila Dixon, Baltimore Housing Commissioner Paul Graziano and community residents joined Enterprise today to celebrate the grand reopening of Cherrydale Apartments in Baltimore. Cherrydale Apartments, which has provided affordable rental housing for low- and moderate-income families in Baltimore’s Cherry Hill neighborhood for more than 40 years, was renovated to meet the Enterprise Green Communities Criteria for affordable housing.

WASHINGTON, D.C. - October 1, 2009 - (RealEstateRama) -- Today, Congressman John W. Olver (D-1st District) announced that Franklin County DIAL SELF, Inc. will receive $285,000 annually in grant funds over the next 3 years from the U.S. Department of Health and Human Services, Administration for Children and Families. The funding will be used to provide a comprehensive array of outreach, prevention, and safe shelter services for homeless and at-risk youth through the DIAL/SELF TeenLine and North Quabbin programs.

MORRIS PLAINS, N.J., - October 1, 2009 - (RealEstateRama) -- According to a recent survey of real estate agents, the first-time homebuyer tax credit has been extremely successful in stimulating the housing market and the overall economy.

BURLINGTON, VT - October 1, 2009 - (RealEstateRama) -- Vermont Housing Finance Agency is pleased to announce its top mortgage loan originators for fiscal year 2009

New York, NY - September 30, 2009 - (RealEstateRama) -- The Community Preservation Corporation (CPC), a non-profit affordable housing lender, today announced a new public/private partnership to provide $1 billion in construction and mortgage loans to multifamily housing owners for energy efficient upgrades and property retrofits.

Cleveland, OH - October 1, 2009 - (RealEstateRama) -- The Cleveland Area Board of Realtors (CABOR) announced its support for Issue 6 on the November 3rd ballot. The Board of Directors for the 4,500 member non-profit organization voted on Thursday, September 24, 2009 to endorse the reform effort

New York, NY - September 30, 2009 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) today announced the closing of a $215 million refinancing of 100 Park Avenue, the completely redeveloped 'New Modern Classic' near Grand Central Terminal, which it owns in a joint venture with institutional investors advised by Prudential Real Estate Investors.

WASHINGTON, D.C. - September 30, 2009 - (RealEstateRama) -- A growing number of lenders are refusing to take possession of homes after they have been foreclosed, leading to vandalism and neighborhood decline in Cleveland and cities across Ohio.

WASHINGTON, DC - September 29, 2009 - (RealEstateRama) -- U.S. Senators Charles E. Schumer (D-NY) and Jon Kyl (R-AZ) announced new legislation Tuesday to better protect homeowners from the recent wave of mortgage scams by providing up to $200 million over two years for State and local prosecutors offices to battle real estate fraud.

Salem, OR - September 30, 2009 - (RealEstateRama) -- Governor Ted Kulongoski announced reservations totaling $28.6 million in federal Recovery Act dollars that will reinvigorate and aid completion of 17 low-income housing projects in Oregon.

WASHINGTON, DC - September 30, 2009 - (RealEstateRama) -- In an effort to curb record-high foreclosure rates across the country and stabilize the housing market, U.S. Senator Jack Reed today introduced legislation that will help keep families in their homes and prevent communities from deteriorating as a result of skyrocketing mortgage defaults.

Raleigh, NC - October 1, 2009 - (RealEstateRama) -- North Carolinians who face the loss of their homes through foreclosure or harassment from unfair debt collectors now have new protections under the law, Attorney General Roy Cooper said Thursday.

PORTLAND, OR - September 30, 2009 - (RealEstateRama) -- The Housing Authority of Portland (HAP) has been awarded $3,278,370 in competitive American Recovery and Reinvestment Act funding from the U.S. Department of Housing and Urban Development (HUD).

BOLTON, MS - October 1, 2009 - (RealEstateRama) -- Today, United States Representative Bennie G. Thompson (D-MS) announced that the United States Department of Housing and Urban Development will provide Economic Development Initiative Special Project funds to the County in the amount of $902,500.00

Washington, DC - October 1, 2009 - (RealEstateRama) -- U.S. Representative Michele Bachmann (MN-06) today urged Treasury Secretary Timothy Geithner to specifically prohibit ACORN from participating in his $35 billion proposal to expand government intervention in the housing market

INDIANAPOLIS, IN - October 1, 2009 - (RealEstateRama) -- Jerry J. Jaquess, Indianapolis, age 67, was sentenced to 30 months in prison late yesterday by Chief Judge David F. Hamilton for his participation in a large mortgage fraud scheme in the Indianapolis area, announced Timothy M. Morrison, United States Attorney for the Southern District of Indiana.

TAMPA, FL - October 1, 2009 - (RealEstateRama) -- The Institute for Business & Home Safety (IBHS) today praised the work Department of Homeland Security Secretary Janet Napolitano is doing to ensure that Americans are prepared for disasters. As National Preparedness Month (NPM) comes to a close, Secretary Napolitano is delivering a major speech today challenging all Americans to view disaster preparedness as a shared responsibility, and urging communities to build a year-round culture of readiness and resilience.

Guarantee Leverages Newly Patented Pattern-Recognition Technology That Identifies Twice the Level of Fraud Verses Alternative Solutions. SANTA ANA, CA - October 1, 2009 - (RealEstateRama) -- First American CoreLogic, a member of The First American Corporation (NYSE: FAF) family of companies and America’s largest provider of advanced property and ownership information, analytics and services, today announced its 2X mortgage fraud guarantee. This first-of-its-kind guarantee assures current and prospective clients that they will identify twice the level of potential fraud using First American CoreLogic’s fraud detection technology than when using technology from any other fraud solutions vendor, or the trial period will be free.

Homeowner Education Project Helps Employees Live Near Work. McLean, VA - October 1, 2009 - (RealEstateRama) -- Home prices have dropped, but many working families are still struggling to find affordable homes near their workplace and funds for down payments. Three Prince George's County, Md., employers are assisting employees in becoming homeowners near their offices and helping neighborhoods impacted by foreclosures. There are 3,100 foreclosed properties in Prince George's County