Indiana RealEstateRama

INDIANAPOLIS, IN - February 12, 2010 - (RealEstateRama) -- The Senate Appropriations committee voted 9 to 2 Thursday to approve House Bill (HB) 1021 sponsored by State Senator John Broden (D-South Bend) that would allow for exemptions to be made in bankruptcy matters. The bill would allow a debtor's Indiana Earned Income Tax Credit (EITC) to be considered exempt property under the bankruptcy property exemption statute

STATEHOUSE - January 12, 2010 - (RealEstateRama) -- Representative Jack Lutz (R-Anderson) released the following statement today in response to the passage of HJR1, the constitutional amendment to permanently cap homeowners' property taxes. The measure passed the House by a vote of 75 to 23.

Washington, DC - December 21, 2009 - (RealEstateRama) -- Senator Evan Bayh and Congressman André Carson today issued the following joint statement after their meeting with Housing and Urban Development (HUD) Secretary Shaun Donovan regarding the Phoenix Apartments, a Section 8-subsidized apartment complex located in Indianapolis

Washington, DC - December 8, 2009 - (RealEstateRama) -- Congressman Baron Hill has successfully ensured that his property tax relief language included in the Housing Assistance Tax Act of 2008 will be incorporated into the Tax Extenders Act of 2009, H.R. 4213. The bill, which is scheduled for a vote tomorrow, would extend Hill’s property tax relief for another year.

Washington, D.C. - December 3, 2009 - (RealEstateRama) -- Congressman Pete Visclosky today announced that the U.S. Department of Housing and Urban Development has released the funding he secured for South Haven to build more sidewalks. The construction project, which will expand on the sidewalks completed earlier this year, will create jobs immediately while addressing a critical safety concern for the community’s children

WASHINGTON, DC - December 2, 2009 - (RealEstateRama) -- The House approved legislation today to provide Americans in the path of dangerous storms with life-saving warnings. CJ's Home Protection Act requires manufactured and mobile homes to be equipped with emergency weather radios. The bill is named after CJ Martin, a two-year-old boy, whose life was taken by an F3 tornado in Southwest Indiana in 2005.

Washington, DC - December 2, 2009 - (RealEstateRama) -- Congressman Baron Hill wants to remind Southern Indiana residents that potential homebuyers will be able to take advantage of the $8,000 homebuyer tax credit through next spring. The extension took effect yesterday, December 1, 2009, and will last until April 30, 2010

December 1, 2009 - (RealEstateRama) -- During the 2008 legislative session, I voted in favor of House Enrolled Act 1001, which enacted major property tax reform. During the same session, I also voted in favor of Senate Joint Resolution 1, which started the process of placing the property tax caps permanently in our state's Constitution.

INDIANAPOLIS, IN - November 18, 2009 - (RealEstateRama) -- Scott Perez, an experienced architect, is Indiana's new building code compliance officer. He will oversee building construction and fire code enforcement, elevator and amusement ride inspections, review of construction plans and boiler and pressure vessel inspections for the Indiana Department of Homeland Security (IDHS).

H.R. 3548 was passed by the House Thursday and signed into law by President Obama Friday. Washington, DC - November 10, 2009 - (RealEstateRama) -- Late last week, Congressman Baron Hill voted to stimulate the local economy and provide stability to American families hit hardest by the recession by extending unemployment benefits, the homebuyers’ tax credit, and tax relief for military families and businesses. The Emergency Unemployment Compensation Extension Act, H.R. 3548, will provide immediate assistance, extending relief to millions of workers, families, and businesses nationwide. The bill was passed by the House of Representatives on Thursday, November 5, 2009, and signed into law the next day by President Obama.

Washington, D.C. - November 9, 2009 - (RealEstateRama) -- On Thursday, Congressman André Carson joined his House colleagues in voting to extend unemployment benefits, the homebuyers’ tax credit, and tax relief for military families and businesses

Washington, DC - October 30, 2009 - (RealEstateRama) -- Congressman Baron Hill is pleased to announce that French Lick Redevelopment CDE LCC has been selected to receive $50 million in allocation authority under the 2009 round of the New Markets Tax Credit (NMTC) Program administered by the U.S. Department of Treasury’s Community Development Financial Institutions (CDFI) Fund.

October 19, 2009 - (RealEstateRama) -- The Indiana Supreme Court and its partners in the “Back Home In Indiana—Guiding Homeowners Through Foreclosure” program will announce how many judges, attorneys and mediators have been trained this summer on how to better handle foreclosure cases. Chief Justice Randall T. Shepard will also announce why the Court will launch a new plan to support settlement conferences.

October 19, 2009 - (RealEstateRama) -- The Indiana Supreme Court and its partners in the “Back Home In Indiana—Guiding Homeowners Through Foreclosure” program will announce how many judges, attorneys and mediators have been trained this summer on how to better handle foreclosure cases. Chief Justice Randall T. Shepard will also announce why the Court will launch a new plan to support settlement conferences.

October 19, 2009 - (RealEstateRama) -- The Indiana Supreme Court and its partners in the “Back Home In Indiana—Guiding Homeowners Through Foreclosure” program will announce how many judges, attorneys and mediators have been trained this summer on how to better handle foreclosure cases. Chief Justice Randall T. Shepard will also announce why the Court will launch a new plan to support settlement conferences.

WASHINGTON, DC - October 15, 2009 - (RealEstateRama) -- A local Congressman is supporting efforts in Congress to extend a popular tax break for new homeowners. Rep. Brad Ellsworth says the First-Time Homebuyers Tax Credit has been wildly successful and should be extended for another year. Congress approved the 8,000 tax credit as part of the Economic Recovery Plan in February, but the program is set to expire on November 30, 2009.

U.S. Department of Housing and Urban Development Grants to Help Families and Individuals Improve Housing Conditions. Washington, D.C. - October 14, 2009 - (RealEstateRama) -- Congressman Pete Visclosky today announced that the U.S. Department of Housing and Urban Development has issued three grants to Northwest Indiana for housing counseling. The grants, which will go to the Housing Authority of the City of Hammond, Housing Opportunities, Inc., in Porter County, and the Lake County Community Economic Development Department, are intended to help families and individuals improve their housing conditions

Bill ensures that men and women serving overseas get equal access to tax credits and benefits. Washington, DC - October 13, 2009 - (RealEstateRama) -- Late last week, Congressman Baron Hill voted in support of the Service Members Home Ownership Act of 2009, H.R. 3590. The bill was passed by an overwhelmingly bipartisan vote on the evening of Thursday, October 8, 2009.H.R. 3590 ensures that our service members, particularly those deployed overseas, will get equal access to the first-time homebuyer tax credit. For example, the legislation would ensure that certain payments under the Department of Defense Housing Assistance Program (HAP) are exempt from tax. And, the bill guarantees that services members will not have to repay the first-time homebuyer credit if they are called up for service overseas and forced to sell their home within three years of purchasing.

New standard home office tax deduction would help 180,000 Hoosier entrepreneurs claim up to $1,500 in simplified relief. Washington, DC - October 6, 2009 - (RealEstateRama) -- Seeking to make it easier for Indiana’s 180,000 home-based small businesses to take advantage of an important tax deduction, Senator Evan Bayh today proposed legislation to simplify the federal home office tax deduction and provide small businesses additional help to succeed.

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.

Washington, DC - September 25, 2009 - (RealEstateRama) -- Congressman Baron Hill is pleased to announce that the Housing Authority of the City of New Albany is set to receive almost three million dollars in American Recovery and Reinvestment Act (ARRA) grants through the U.S. Department of Housing and Urban Development (HUD) to improve public housing for seniors and disabled persons.According to a release issued by HUD, these grants will allow public housing authorities throughout the country to make necessary improvements to public housing communities that will specifically address the needs of seniors and persons with disabilities.

Washington, DC - September 23, 2009 - (RealEstateRama) -- Senator Evan Bayh today announced that Indiana will receive more than $9 million in grants from the U.S. Department of Housing and Urban Development (HUD) to expand affordable housing and improve local communities. The funds were awarded through the American Recovery and Reinvestment Act as part of the Community Development Block Grant (CDBG) program.

Washington, D.C. - September 10, 2009 - (RealEstateRama) -- Congressman Pete Visclosky today announced support for Lake County to build viable urban communities through the U.S. Department of Housing and Urban Development’s (HUD) Community Development Block Grant (CDBG) program and HOME program. The HUD initiatives are designed to increase homeownership, support community development, and increase access to affordable housing in order to strengthen the local economy