Yearly Archives: 2010

MHC Awards $100,000 to Green Building Contest Winners

Jackson, MS - January 15, 2010 - (RealEstateRama) -- The Mississippi Home Corporation (MHC) today announced the three winners of its Growing a Greener Mississippi building competition. Gulf Coast Builders, LLC won the $50,000 and First Place for their affordable green home in Gulfport, MS. Habitat for Humanity Bay Waveland’s entry in Bay St. Louis received Second Place and $30,000 and Village Green Builders, Inc.’s entry in Oxford received Third Place and $20,000. The awards were announced at a luncheon during MHC’s 20th Annual Affordable Housing Conference at the Jackson Convention Complex

MHC Awards $100,000 to Green Building Contest Winners

Jackson, MS - January 15, 2010 - (RealEstateRama) -- The Mississippi Home Corporation (MHC) today announced the three winners of its Growing a Greener Mississippi building competition. Gulf Coast Builders, LLC won the $50,000 and First Place for their affordable green home in Gulfport, MS. Habitat for Humanity Bay Waveland’s entry in Bay St. Louis received Second Place and $30,000 and Village Green Builders, Inc.’s entry in Oxford received Third Place and $20,000. The awards were announced at a luncheon during MHC’s 20th Annual Affordable Housing Conference at the Jackson Convention Complex

Mayor Menino Announces an Additional $13M in Federal Foreclosure Funding

January 15, 2010 - (RealEstateRama) -- Mayor Thomas M. Menino today announced that the City’s Department of Neighborhood Development (DND) has been awarded $13.6 million in the second round of Neighborhood Stabilization Program (NSP) funding to assist the City’s ongoing foreclosure prevention and reclamation efforts. Specifically, the competitively awarded funding will allow the City to support responsible redevelopment of up to 275 foreclosed homes in those neighborhoods most burdened by Boston’s bank-owned properties, namely Dorchester, East Boston, Roxbury, Hyde Park, and Mattapan.

Manhattan U.S. Attorney Charges President of Home Free Realty Inc. with Stealing $1.5 Million...

New York, NY - January 14, 2010 - (RealEstateRama) -- PREET BHARARA, the United States Attorney for the Southern District of New York, JOSEPH M. DEMAREST, JR., the Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation ("FBI"),

Durham’s Rolling Hills/Southside Plans Continue Without Recovery Act Funding

DURHAM, N.C. - January 15, 2010 - (RealEstateRama) -- On Thursday, January 14, 2010, the U.S. Department of Housing and Urban Development awarded nearly $2 billion in funding under the Neighborhood Stabilization Program (NSP2) to states, local governments and non-profit housing developers.

City and Greensboro Housing Coalition to Hold Housing Summit 2010 -February 23, 20010

GREENSBORO, NC - January 15, 2010 - (RealEstateRama) -- Residents are invited to share their hopes for Greensboro’s housing future at Housing Summit 2010, held Tuesday, February 23, from 8:30 am to 1:30 pm at the Greensboro Coliseum Special Events Center, 1921 W. Lee St.

Deal or No Deals Real Estate Workshop (CT REIA Members Only event) | 01.27.10...

January 15, 2010 - (RealEstateRama) -- Deal or No Deal$ Workshop (Free, Members Only event) Wednesday, January 27th. 6:30 - 9:00pm Comfort Inn. 900 East Main St. Meriden, CT

California Receives More Than $318 Million Recovery Dollars to Rejuvenate Neighborhoods Hit Hardest by...

January 15, 2010 - (RealEstateRama) -- Governor Arnold Schwarzenegger today announced that $318 million in American Recovery and Reinvestment Act (Recovery Act) funding has been awarded to entities in California by the Housing and Urban Development Department (HUD). These awards are funded through the federal Neighborhood Stabilization Program (NSP2) to help renovate and rehabilitate foreclosed homes, eliminate blight and reinvigorate and stabilize the affected neighborhoods hit hardest by foreclosures.

Mayor Bloomberg Announces New York City to Receive More Than $20 Million in Stimulus...

New York, NY - January 14, 2010 - (RealEstateRama) -- Mayor Michael R. Bloomberg announced today that the U.S. Department of Housing and Urban Development (HUD) has awarded more than $20 million in Recovery Act funding to the New York City Department of Housing Preservation and Development under HUD's Neighborhood Stabilization Program 2.

Columbus Will Receive More than $23 Million in Funds to Help Rebuild Neighborhoods Devastated...

COLUMBUS, OH - January 14, 2010 - (RealEstateRama) -- U.S. Secretary of Housing and Urban Development Shaun Donovan and U.S. Sen. Sherrod Brown (D-OH) visited Columbus today to announce new Recovery Act funds to help rebuild communities devastated by the housing and economic crisis.

Schumer Announces Over $5 Million In Hud Money For Community Housing Coalition To Rehabilitate...

Washington, DC - January 14, 2010 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer announced that Community Builders in Albany has been awarded $5,521,006 through the Department of Housing and Urban Development’s Neighborhood Stabilization Program.

$20,995,000 in Recovery Act Grants to Stabilize Neighborhoods, Rebuild Economies in Nevada

WASHINGTON, DC - January 14, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced that HUD is awarding $20,995,000 in Recovery Act funding to the Housing Authority of the City of Reno in consortium with the City of Reno Credit Counseling Services and Nevada Rural Housing Authority with for-profit partners Reno Reality, Inc. and Charles Schwab Bank under HUD's Neighborhood Stabilization Program (NSP).

$204,872 in Grants to Housing Authorities in Nevada to Help Public Housing Residents Obtain...

WASHINGTON, DC - January 13, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $204,872 to housing authorities in Reno, Las Vegas and Clark County to help public housing residents find jobs that lead them toward economic independence.

HUD awards almost $400,000 in New Jersey to help public housing residents obtain jobs,...

NEWARK, NJ - January 12, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $389,711 to seven public housing authorities in New Jersey to help public housing residents find jobs that lead them toward economic independence. (Please see New Jersey grantees below.)

HUD Awards $325,000 in Grants to Housing Authorities in New Mexico to Help Public...

ALBUQUERQUE, NM - January 12, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded a total of $325,403 to six New Mexico housing authorities to help public housing residents find jobs that lead them toward economic independence.

HUD awards almost $500,000 to help public housing residents obtain jobs, economic independence

NEW YORK, NY - January 12, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $467,177 to nine public housing authorities to help public housing residents find jobs that lead them toward economic independence. (Please see a listing of New York grantees below.)

HUD awards $170,000 to Muskogee, Shawnee and Tulsa housing authorities to help public housing...

OKLAHOMA CITY, OK - January 12, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded a total of $176,017 to three Oklahoma housing authorities to help public housing residents find jobs that lead them toward economic independence. A list of the grantees and amounts follow.

HUD Awards Grant to Housing Authority in Salt Lake County

WASHINGTON, DC - January 12, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $57,915 to the Housing Authority of the County of Salt Lake to help public housing residents find jobs that lead them toward economic independence.

Big Wall Street Bonuses Highlight Need for Financial Reform

Washington, D.C. - January 13, 2010 - (RealEstateRama) -- Congresswoman Dina Titus released the following statement today on news reports that Wall Street banks are expected to again give out large bonuses this year.

Former Jersey City Housing Department Employee Indicted for Allegedly Accepting $50,000 in Corrupt Payments

NEWARK, NJ - January 12, 2010 - (RealEstateRama) -- A former Jersey City Housing Department employee was indicted today on charges in connection with his acceptance of $50,000 in corrupt cash payments in exchange for his official influence and assistance on real estate development matters in Jersey City, U.S. Attorney Paul J. Fishman announced.

Sanders Announces State’s Largest Solar Water Project

BURLINGTON, VT - January 13, 2010 - (RealEstateRama) -- Sen. Bernie Sanders (I-Vt.) went to the Salmon Run Apartments today to announce a project to install solar water heaters here and at three other Vermont affordable housing developments.

HUD Awards $447,000 in Grants to Housing Authorities in Texas to Help Public Housing...

FORT WORTH, TX - January 12, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded a total of $477,106 to eight Texas housing authorities to help public housing residents find jobs that lead them toward economic independence. A list of the grantees and amounts follows.

Funds Available for Existing Emergency Housing Shelters

Pierre, SD - January 12, 2010 - (RealEstateRama) -- South Dakota Housing Development Authority (SDHDA) is now accepting applications for the Emergency Shelter Grants Program.

New Fed Report on Affordability and Availability of Rental Housing in Pennsylvania

Glenside, PA - January 12, 2010 - (RealEstateRama) -- This past December, the Federal Reserve Bank of Philadelphia published a new study on rental housing in Pennsylvania.

Ortiz Announces $50k Grant For Cameron County Housing Authority

WASHINGTON, DC - January 12, 2010 - (RealEstateRama) -- Today, U.S. Rep. Solomon P. Ortiz (D-Texas) announced that the Cameron County Housing Authority received $50,565 from the Department of Housing and Urban Development.

EastGroup Properties Acquires Two Buildings in Charlotte for $5.3 Million

Jackson, MS - January 14, 2010 - (RealEstateRama) -- EastGroup Properties (NYSE-EGP) today announced the acquisition of two business distribution buildings containing 193,000 square feet in Charlotte, North Carolina for a combined purchase price of $5,250,000. The buildings, which will be renamed Commerce Park 2 and 3, are located in Charlotte's southwest submarket. They were constructed in 1981 and 1987 and are presently 87% occupied by nine customers. The buildings are projected to generate an annualized 11.7% yield at their current occupancy and rents.

Meeting of the Kentucky Asset/Liability Commission, State Property and Buildings Commission

FRANKFORT, KY - January 14, 2010 - (RealEstateRama) -- The Kentucky Asset/Liability Commission (ALCo) will hold a meeting on Friday, Jan. 15, 2010 at 2:00 p.m. in Room 182 of the Capitol Annex, Frankfort, Kentucky, 40601. Immediately following adjournment of the ALCo meeting, the State Property and Buildings Commission will convene (approximately 2:15 p.m.) in Room 182 of the Capitol Annex, Frankfort, Kentucky.

$38 Million for Central Park Revitalization

Washington, DC - January 14, 2010 - (RealEstateRama) -- In one of the most significant investments for the Tampa Bay region under the American Recovery and Reinvestment Act, Tampa Housing Authority is receiving $38 million to revitalize the Central Park Village area and transform it into a new community that will uplift this historic neighborhood and create hundreds, if not thousands, of jobs. Since last year, Congresswoman Kathy Castor has pressed officials from the U.S. Department of Housing and Urban Development to award this money to the residents in the heart of Tampa through Tampa Housing Authority. Just last week, Castor urged HUD Secretary Shaun Donovan to invest in redeveloping Central Park Village and bolster our economic recovery.

Two associations of REALTORS offer REALTOR iPhone application through customized My AOR app

LOS ANGELES, CA - January 14, 2010 - (RealEstateRama) -- Real Estate Mobile Technologies LLC (REMT), the New Jersey Association of REALTORS® (NJAR), and the North-Shore Barrington Association of REALTORS® (NSBAR) today announced the launch of NJAR and NSBAR Stats, the localized versions of My AOR. My AOR is the first native iPhone application developed for REALTOR® associations nationwide. The mobile application is available at no charge for members of NJAR and NSBAR. Designed for the iPhone/iTouch, My AOR features: Current loan information; association resources; the ability to search for education courses; hot item news alerts; and links to information that may be of interest to association directors.

Shimkus Announces LIHEAP Funding; Calls on Obama to Release More Funds

Washington, DC - January 14, 2010 - (RealEstateRama) -- Congressman John Shimkus (R, Illinois-19) has co-signed a letter with 112 of his colleagues, both Republicans and Democrats, to President Obama asking that Low Income Home Energy Assistance Program (LIHEAP) contingency funds be released

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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