Monthly Archives: March 2010

AHFC to Finance New Senior Housing Facility in South Anchorage

ANCHORAGE, AK - March 19, 2010 - (RealEstateRama) -- Friday, March 19, 2010 – Additional south Anchorage housing will soon be available for seniors. The Board of Directors for Alaska Housing Finance Corporation this week approved an $846,000 mortgage loan to Lumen Park Associates for a 20-unit low- to moderate- income independent senior housing project to be located on the east side of Lake Otis Parkway, near the southeast corner of Abbott Road and Lake Otis intersection.

Mountain View in Anchorage to get Additional Low-Income Housing

ANCHORAGE, AK - March 19, 2010 - (RealEstateRama) -- Friday, March 19, 2010 – The Board of Directors for Alaska Housing Finance Corporation Tuesday approved $1.9 million in mortgage loans for Cook Inlet Housing Authority (CIHA) to finance the development of the fourth phase of the Mountain View Village low-income family housing development. A total of 34 housing units will be built at three different locations, consisting of one- to four-bedroom units, renting for between $700 and $1,100 per month to qualified families.

Justice Department Resolves Discrimination Lawsuit with Scranton, Pennsylvania, Apartment Complex

WASHINGTON, DC - March 18, 2010 - (RealEstateRama) -- The United States has reached a settlement resolving a housing discrimination lawsuit in Pennsylvania concerning discrimination against families with children, the Justice Department announced.

Sustainable Design & Roofing Trade Show

Roofing, waterproofing and exterior wall system experts share newest sustainable building design and industry practices. 25th RCI International Convention & Trade Show offers top-notch educational programs for the building envelope and the construction community. Orlando, FL - March 18, 2010 - (RealEstateRama) -- The growing popularity of rooftop energy production systems, sustainable and vegetated roofs, and the impact of climate, fire and drainage on overall design standards are just a few topics to be explored during a 5-day, intensive, educational program taught by today’s leading authorities within the building envelope industry.

Orlando Man Sentenced in Multi-Million-Dollar Mortgage Fraud Scheme

ORLANDO, FL - March 18, 2010 - (RealEstateRama) -- U.S. Attorney A. Brian Albritton announces that U.S. District Judge G. Kendall Sharp today sentenced Mark J. Moncher (age 53, of Orlando) to 57 months in federal prison for conspiracy to commit mail and wire fraud in connection with a mortgage fraud scheme. The court also ordered Moncher to pay more than $1.9 million in restitution. Moncher had pleaded guilty on December 29, 2009.

Three New Mexico Organizations Awarded Housing Grants

WASHINGTON, DC - March 17, 2010 - (RealEstateRama) -- U.S. Senator Jeff Bingaman today announced that three New Mexico organizations have been awarded federal grants to support efforts to revitalize and sustain community development and promote and preserve affordable housing for New Mexico residents.

Heller Offers Homebuyers Amendment in Committee

Washington, DC - March 17, 2010 - (RealEstateRama) -- Today U.S. Congressman Dean Heller (R-NV) offered an amendment in the House Ways and Means Committee on H.R. 4849, the Small Business and Infrastructure Jobs Tax Act of 2010. Heller’s amendment failed by vote of 15 to 22.

OHFA Board approves over $19.3M of funds for affordable housing

COLUMBUS, OH - March 17, 2010 - (RealEstateRama) -- Today, the Ohio Housing Finance Agency (OHFA) Board approved over $19.3 million in funding for seven affordable housing developments. Approximately $11.5 million of funds approved were provided through the American Recovery and Reinvestment Act (ARRA).

Sen. Brown Announces More than $2 Million in NeighborWorks Housing Grants

WASHINGTON D.C. - March 17, 2010 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today announced eight new neighborhood development grants totaling $2,584,

Connecticut Real Estate Investors Association (CT REIA) Announces Real Estate Workshop Weekend With Nyrik...

Middletown, CT - March 18, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Nyrik and Linda Huuskonen, is announcing a 2-day real estate workshop weekend on March 27th and 28th, 2010. This event will take place at the Exley Science Center, Room 121, at Wesleyan University. The Science Center is located at 45 Wyllys Avenue in Middletown, CT. Tuition for this weekend workshop is $595, and includes lunch and free admission for an additional guest

Senator Roland Burris Announces Recovery Act Funding for Water System Improvement Projects in Illinois...

WASHINGTON, D.C. - March 18, 2010 - (RealEstateRama) -- United States Senator Roland W. Burris today announced that American Recovery and Reinvestment Act funds from the Department of Agriculture are being allocated to Illinois rural communities for water system projects to enhance water quality and improve sanitation services. These projects will provide construction jobs and improve water systems infrastructure in rural areas

State’s Home Foreclosure Prevention Program Expands

Aroostook County Housing Counselor Added to Program AUGUSTA, ME - March 18, 2010 - (RealEstateRama) -- The Bureau of Consumer Credit Protection signed a contract this month with Aroostook County Action Program (ACAP), increasing the number of housing counselors serving Maine homeowners. This contract adds another certified housing counseling service to the seven non-profit agencies currently under contract around the State

Hershman: Legislation enables more veterans, family members to utilize services of Indiana Veterans Home

STATEHOUSE, IN - March 18, 2010 - (RealEstateRama) --From surviving Civil War veterans to the servicemen and women of today's Global War on Terror, the Indiana Veterans Home in West Lafayette has stood as a respite for Hoosier heroes in their time of need.

WATER LEAKS DRAIN VALUABLE WATER RESOURCES

March 18, 2010 - (RealEstateRama) -- This is "Fix a Leak Week" and officials at the Kentucky Division of Water are encouraging residents to repair small water leaks in their homes. Minor water leaks account for more than 1 trillion gallons of water wasted each year in U.S. homes, according to the Environmental Protection Agency (EPA) WaterSense program. They can account for an average of 10,000 gallons of water wasted in the home every year -- enough to fill a backyard swimming poo

Terry Goddard Announces Settlements in Real Estate Fraud Case

Phoenix, AZ - March 17, 2010 - (RealEstateRama) -- Attorney General Terry Goddard today announced a $120,000 settlement with several defendants for their roles in a real estate scheme in Pima County that deceived novice investors, financial lenders and unqualified home buyers

Udall Announces Bill to Create Jobs, Strengthen Colorado’s Clean Energy Economy

Bill Updates Income Tax Code for Solar Power, Offers Tax Credit for Homeowners who Invest in Community Solar Projects. Washington, D.C. - March 17, 2010 - (RealEstateRama) -- A month ago, U.S. Senator Mark Udall had the opportunity to spend a week listening to Coloradans' ideas for how to strengthen the state's economy during a visit to the Western Slope and at an Energy Jobs Summit he co-sponsored in Aurora. He heard firsthand from business leaders and citizens about ways he could partner with Colorado communities to create jobs and strengthen the clean energy economy. And today, Senator Udall rolled out the first of a package of clean-energy job-creation bills based on those ideas - specifically an idea he heard during a visit to Holy Cross Energy in Glenwood Springs

Staybridge Suites Debuts in New York City’s Times Square

ATLANTA, GA - March 17, 2010 - (RealEstateRama) -- IHG (InterContinental Hotels Group) [LON: IHG, NYSE: IHG (ADRs)], the world's largest hotel group by number of rooms, announced today that a new 310-room Staybridge Suites will open in early April in the center of Manhattan.

Forty Indicted in Major East Texas Mortgage Fraud Scheme

PLANO, TX - March 16, 2010 - (RealEstateRama) -- U.S. Attorney John M. Bales announced today that 40 individuals have been arrested and charged in connection with a major mortgage fraud scheme in the Eastern District of Texas.

Extension Of Property Tax Relief Provision Originally Authored By Menendez Passes Senate

WASHINGTON, DC - March 15, 2010 - (RealEstateRama) -- The U.S. Senate extended a property tax relief law originally authored by U.S. Senator Robert Menendez (D-NJ).

Kentucky Court of Appeals to hear oral arguments March 24 in Elizabethtown on local...

FRANKFORT, KY - March 17, 2010 - (RealEstateRama) -- The Kentucky Court of Appeals will hear oral arguments Wednesday, March 24, in Elizabethtown as three landowners appeal a local trial court ruling that would allow Kentucky Utilities Co. to condemn their properties for electric transmission lines. Proceedings will take place at 1:45 p.m. EDT at the Hardin County Justice Center and will be open to the public.

Kerry: Chelsea to Receive $352,000 for Foreclosure Prevention

BOSTON, MA - March 17, 2010 - (RealEstateRama) -- Senator John Kerry today announced that Chelsea Neighborhood Developers, Inc. will receive $352,000 in federal funding from NeighborWorks America. The funding will be used to help local communities revitalize and sustain their neighborhoods and to provide counseling to families and individuals facing the threat of foreclosure.

Kerry: South Shore to Receive $84,000 for Foreclosure Prevention

BOSTON, MA - March 17, 2010 - (RealEstateRama) -- Senator John Kerry today announced that Neighborhood Housing Services of the South Shore, Inc. will receive $84,000 in federal funding from NeighborWorks America. The funding will be used to help local communities revitalize and sustain their neighborhoods and to provide counseling to families and individuals facing the threat of foreclosure.

Kerry: Lawrence to Receive $163,500 for Foreclosure Prevention

BOSTON, MA - March 17, 2010 - (RealEstateRama) -- Senator John Kerry today announced that Lawrence CommunityWorks, Inc. will receive $163,500 in federal funding from NeighborWorks America. The funding will be used to help local communities revitalize and sustain their neighborhoods and to provide counseling to families and individuals facing the threat of foreclosure.

Congresswoman Matsui Announces $19 Million School Construction Bond for Sacramento City Unified

Recovery Act Funding Will Create Local Construction Jobs, Improve Learning Facilities for Sacramento Students. SACRAMENTO, CA - March 17, 2010 - (RealEstateRama) -- Today, Congresswoman Doris Matsui (D – Sacramento) announced the award of a $19,342,000 qualified school construction bond, administered by the Department of Treasury and authorized by the Recovery Act, which Rep. Matsui supported last year. Qualified school construction bonds can be used to finance the construction, rehabilitation or repair of a public school facility or for the acquisition of land where a school will be built.

GRACELINE COURT ANNOUNCES MORE THAN 80% OF UNITS ARE UNDER CONTRACT

New York, NY - March 17, 2010 - (RealEstateRama) -- Halstead Property Development Marketing and Loewen Development today announced that more than 80 percent of its units are under contract for purchase at Graceline Court (www.gracelinecourt.com), a new residential development in Harlem.

California New-Home Market Begins 2010 Still in the Red, CBIA Announces

SACRAMENTO, CA - March 17, 2010 - (RealEstateRama) -- The pace of home sales at California new-home communities in January continued at moderately lower levels when compared to the same period a year ago, the California Building Industry Association reported today.

HOPE NOW Servicers Assist More Than 2,700 Arizona Families at Homeownership Preservation Events

Events co-sponsored by Obama Administration’s Making Home Affordable Program and NeighborWorks® America in Tucson and Phoenix. Washington, DC - March 17, 2010 - (RealEstateRama) -- Fifteen HOPE NOW servicers assisted more than 2,700 homeowners from across Arizona, during four homeownership preservation events held last week.

MONIQUE VAN GRINSVEN JOINS THE REAL ESTATE INNER CIRCLE

Worcester, MA - March 17, 2010 - (RealEstateRama) -- Monique van Grinsven, one of North America’s top real estate professionals, has joined the staff of Real Estate Inner Circle™. Ms. van Grinsven has over 30 years of sales and leadership experience in the real estate industry as a REALTOR, manager, coach, trainer, speaker, and consultant. She will begin offering personal coaching to real estate professionals effective immediately.

Montgomery Housing Partnership To Celebrate 20 Years of Providing Affordable Housing in Montgomery County

Non Profit Developer will Honor David Reznick with Community Leadership Award March 18. Silver Spring, MD - March 16, 2010 - (RealEstateRama) -- David Reznick, Principal and Chairman of Reznick Group, will be honored next week by Montgomery Housing Partnership with its first Community Leadership Award. He will receive the award at MHP’s 20th Anniversary Dinner on March 18, at the Bolger Center in Potomac, Maryland.

Household Utility Help Available

March 16, 2010 - (RealEstateRama) -- Qualified Phoenix residents may be eligible to participate in the city of Phoenix Utility Repair and Replacement Program. The program, coordinated by the city’s Human Services Department, provides emergency repair and replacement services to low-income households. Eligible applicants may receive services including water heaters, air conditioners (minor repairs), refrigerators, evaporative coolers and minor plumbing repairs.

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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