Monthly Archives: March 2010

CFO SINK’S UNCLAIMED PROPERTY BUREAU DELIVERS $22 MILLION IN FEBRUARY, SETTING STATE RECORD

TALLAHASSEE, FL - March 8, 2010 - (RealEstateRama) -- Florida CFO Alex Sink's Bureau of Unclaimed Property today announced that last month marked the largest amount of unclaimed property returned to owners recorded in state history, totaling over $22 million. So far this fiscal year (July 1, 2009 through March 8, 2010) unclaimed property payments have totaled $121.4 million, with the Bureau of Unclaimed Property on pace to return more than $180 million by fiscal year end, which would also be a new annual record

Fairfield County REIA Meeting With Laura Treonze

CT REIA and Laura Treonze presents: Fairfield County REIA Meeting. March 11. 6:30 - 8:30 pm Doubletree Inn. 789 Connecticut Avenue. Norwalk, CT. 06854 $10 for CT REIA Members | $20 for not-yet-members

Apartment Owners Association of Connecticut Meeting

Ted Lanzaro is a certified public accountant with over 20 years experience specializing in the real estate and construction industries. His current client base includes real estate investors ranging from individual landlords to commercial property owners, real estate brokerage firms, and real estate developers.

CT Real Estate Investors Association (CTREIA) Announces Quarterly Fairfield County REIA Meeting

West Hartford, CT - March 8, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CTREIA, in association with the Fairfield County Real Estate Investors Association, or FCREIA, is announcing the FCREIA quarterly meeting on Thursday, March 11th, 2010. This meeting will take place at the Doubletree Inn located at 789 Connecticut Ave in Norwalk, CT. This event will take place from 6:30 pm to 8:30pm. This event is $10 for CTREIA Members, and $20 for non-members

Town of Fairhaven, Mass. Receives $7.9 Million in Recovery Act Funding to Improve Green...

Boston, MA - March 8, 2010 - (RealEstateRama) -- Today, EPA Deputy Regional Administrator Ira Leighton along with state and local officials and the town of Fairhaven broke ground on a wastewater treatment facility in Fairhaven, Mass. The wastewater infrastructure project, funded through the American Recovery and Reinvestment Act (ARRA), is helping create green jobs, boost the local economy, improve aging water infrastructure and protect human health and the environment.

City of Long Beach Offers Housing and Meal Reimbursements for Customers Without Gas

March 5, 2010 - (RealEstateRama) -- The City of Long Beach is offering each residence affected by the gas line in North Long Beach that was shut off for safety reasons a housing reimbursement of up to $75 per night, per household, for each night they are affected. In addition, the City is offering each household a meal reimbursement of up to $6 per person, per meal each day to the point gas service is restored

STEARNS PARTICIPATING IN GRAND OPENING OF THE HONOR CENTER SERVING HOMELESS VETERANS IN GAINESVILLE

March 5, 2010 - (RealEstateRama) -- “One of the major tragedies in our nation is homelessness among our veterans,” stated Rep. Cliff Stearns (R-Sixth). “There are over 130,000 homeless veterans, and we have a duty to provide shelter and care, especially to those who are disabled and with special medical needs. The opening of the HONOR Center in Gainesville represents a major step forward in serving these veterans.”

Iowa Finance Authority Awards $100,000 from State Housing Trust Fund to Benefit Affordable Housing...

Des Moines, IA - March 5, 2010 - (RealEstateRama) -- The Iowa Finance Authority (IFA) Board of Directors recently approved two grants for a total of $100,000 to support affordable homeownership in Council Bluffs and Oakville. The funding is made available through the State Housing Trust Fund’s Project-Based Program. The program provides financing for the development of affordable single-family and multifamily housing units.

Foreclosure Diversion Program Holds First Informational Session at the Augusta District Court on March...

March 5, 2010 - (RealEstateRama) -- On March 10, 2010, the Foreclosure Diversion Program will hold its first informational session at the Augusta District Court for homeowners who have been ordered to attend as part of the new foreclosure mediation process; lenders and their attorneys in these cases are also invited to attend, although their attendance is not mandatory. The Supreme Judicial Court designed informational sessions to educate homeowners about the foreclosure mediation process and it is hoped that as a result of these sessions, the parties will be better prepared to use mediation sessions productively.

Sanders Announces Seniors Housing Grant

BURLINGTON, Vt., - March 5, 2010 - (RealEstateRama) -- Sen. Bernie Sanders (I-Vt.) today announced that he secured a $380,000 federal grant for a Vergennes senior housing project.

Governor Douglas Announces $630,000 in Grants for Five Vermont Communities

VERGENNES, Vt.- March 5, 2010 - (RealEstateRama) -- Governor Jim Douglas today awarded more than $630,000 in Community Development Block Grants to five Vermont communities.

CT Real Estate Rehab Subgroup Meeting With Opening Doors LLC

March 5, 2010 - (RealEstateRama) -- Real Estate Rehab Subgroup Meeting March 6th, 10:00 to 11:00am 43 Giles St. North Haven, CT. 06473 $10 for CTREIA Members | $20 for Non-Members Register Now at

NYS Affordable Housing Corporation Approves $75,000 Grant for Home Improvements in Buffalo

NEW YORK, NY - March 4, 2010 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved a $75,000 grant to The Citizen's Alliance, Inc. to finance improvements of seven housing units in Buffalo.

CT REIA Announces The Apartment Owners Association Of Connecticut March 2010 Meeting

Meriden, CT - March 5, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with the Apartment Owners Association of Connecticut, or AOACT, is announcing the March 2010 AOACT meeting with CPA Ted Lanzaro, Tom Ackman of Cardinal Home Inspection, and George Chiodo of Surface Creation. This event will take place on Wednesday, March 10th from 7:00 to 9:00 pm, at the Comfort Inn in Meriden, CT. This event is free for all attendees

EastGroup Properties Announces 121st Consecutive Quarterly Cash Dividend

Jackson, MS - March 5, 2010 - (RealEstateRama) -- EastGroup Properties (NYSE-EGP) announced today that its Board of Directors declared a quarterly cash dividend of $.52 per share payable on March 31, 2010 to shareholders of record of Common Stock on March 19, 2010. This dividend is the 121st consecutive quarterly distribution to EastGroup’s shareholders and represents an annualized dividend rate of $2.08 per share.

McDonald’s Homeowners’ Foreclosure Assistance Bill Receives Praise, Support at Public Hearing

March 4, 2010 - (RealEstateRama) -- A bill by State Senator Andrew J. McDonald (D-Stamford) that is designed to make banks and other financial institutions work more closely with homeowners during foreclosure proceedings received a strong outpouring of support today during its public hearing before the Judiciary Committee

Atlanta Real Estate Firm Ranks #1 in 2009 for Listings and Buyers

Atlanta, GA - March 4, 2010 - (RealEstateRama) -- Atlanta real estate, despite the economy and misleading television news reports, still had a very active year in 2009. Prudential Georgia Realty, for instance, sold 6,800 homes in metro Atlanta in 2009 for a gross residential sales volume of more than $1.5 billion. According to data collected by Trendgraphix, Prudential was number one in listings for 2009, with 3,025 listings. This was 29 percent higher than Harry Norman, Realtors and 36 percent higher than Coldwell Banker Residential Real Estate Brokerage

Treasurer Zweifel and Attorney General Koster announce $303,000 settlement with Sprint Award impacts 3,640...

JEFFERSON CITY, MO - March 4, 2010 - (RealEstateRama) -- State Treasurer Clint Zweifel (ZWY-ful) and Attorney General Chris Koster announced today they had reached a $303,000 settlement in a lawsuit against Sprint over uncashed and unclaimed rebate checks. Treasurer Zweifel said his office had already added more than 3,600 Missourians affected by the lawsuit to ShowMeMoney.com. Thirty-six states signed on to the $22 million settlement. As a result, thousands of people will be able to claim their rebate checks and put money back in their pockets.

What Agents Need to Know About Short Sales

Phoenix, AZ - March 4, 2010 - (RealEstateRama) -- Unsurprising to many real estate agents, short sales are expected to dominate the market in 2010 and 2011, with REOs declining in importance as lenders are discovering that they lose less money on short sale transactions.

Rep. Sutton Joins Colleagues in Introducing Legislation to Combat Foreclosure

Washington, D.C. - March 3, 2010 - (RealEstateRama) -- Rep. Betty Sutton (D-OH13) joined Ohio Reps. Marcia L. Fudge (D-OH11) and Mary Jo Kilroy (D-OH15), as well as Reps. Maxine Waters (D-CA) and Kendrick Meek (D-FL) to introduce H.R. 4635--a measure to combat foreclosures.

Fudge, Kilroy, Sutton And Other Members Unveil Foreclosure Mediation Program

WASHINGTON, D.C. - March 3, 2010 - (RealEstateRama) -- Representative Marcia L. Fudge (D-OH11) collaborated with fellow Ohioans, Representatives Betty Sutton (D-OH13) and Mary Jo Kilroy (D-OH15), and Representatives Maxine Waters (D-CA35) and Kendrick Meek (D-FL17) to introduce H.R. 4635--a measure to combat foreclosures.

State Awards $4.7 Million in Homeless Housing Assistance

Albany, NY - March 3, 2010 - (RealEstateRama) -- The State Office of Temporary and Disability Assistance (OTDA) today announced that nearly $4.7 million has been awarded to fund homeless housing and related support services in the cities of Utica and Ithaca.

C.A.R. selected as Ambassador Association to Australia

LOS ANGELES, CA - March 3, 2010 - (RealEstateRama) -- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) recently was selected to serve as the Ambassador Association to the Real Estate Institute of Australia (REIA), the Association's counterpart in Australia, through the NATIONAL ASSOCIATION OF REALTORS®’ (NAR) International Ambassador Association Program.

Department of Banking and Finance’s Order to Cease and Desist Issued to Nathan Livingston

Atlanta, GA - March 3, 2010 - (RealEstateRama) -- On February 26, 2010, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance ("Department") to Nathan Livingston d/b/a Loan Help Solutions d/b/a www.loanhelpsolutions.net d/b/a Mortgage Help Solutions located at 160 Clairemont Avenue, Suite 200, Decatur, Georgia 30030 became final

GOVERNOR CULVER: I-JOBS CONTINUES TO SUPPORT AFFORDABLE HOUSING IN IOWA

DES MOINES, IA - March 3, 2010 - (RealEstateRama) -- Governor Chet Culver announced today that affordable housing initiatives in Council Bluffs, Des Moines and Dubuque will receive a total of more than $2.8 million to preserve 117 affordable housing units. The awards are made through the Affordable Housing Program, a part of the Culver/Judge Administration’s I-JOBS initiative. The Iowa Finance Authority administers the program.

Connecticut Real Estate Investors Association (CT REIA) Announces Real Estate Rehab Meeting With Opening...

West Hartford, CT - March 3, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Opening Doors LLC, is announcing a real estate rehab meeting on Saturday, March 6th, 2010. This meeting will take place at 43 Giles Street in North Haven, CT, from 10:00 to 11:00 am. This event is $10 for CT REIA Members, and $20 for non-members

Justice Department Files Lawsuit Alleging Racial Discrimination at Ann Arbor, Michigan, Apartment Complex

WASHINGTON, DC - March 3, 2010 - (RealEstateRama) -- The Justice Department today filed a lawsuit against the owner and property manager of a 48-unit apartment complex in Ann Arbor, Mich., alleging that the defendants discriminated on the basis of race or color in the rental of apartments, the Justice Department’s Civil Rights Division and the U.S. Attorney’s Office for the Eastern District of Michigan announced.

Suffolk County Executive Steve Levy Seeks to Provides One Dozen Properties for Affordable Homes...

Hauppauge , NY - March 1, 2010 - (RealEstateRama) -- Despite an ongoing recession and a record number of home foreclosures across the country, County Executive Steve Levy is continuing in his efforts to provide affordable housing opportunities for Suffolk residents.

Agriculture Secretary Vilsack Announces Assistance Is Available To Renovate, Purchase and Construct Rural Rental...

WASHINGTON, DC - March 1, 2010 - (RealEstateRama) -- Agriculture Secretary Tom Vilsack today announced that applications are being accepted to provide affordable rental housing to rural residents through the Guaranteed Rural Rental Housing Program.

Agency Recognizes Housing Champions

BISMARCK, ND - March 1, 2010 - (RealEstateRama) -- The North Dakota Housing Finance Agency (NDHFA) recognized four lenders and two advocates as Champions of Affordable Housing at the 2010 Statewide Housing Conference.

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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