Missouri RealEstateRama

Washington, DC - January 12, 2010 - (RealEstateRama) -- Southwest Missouri Congressman Roy Blunt announced today grants totaling more than $942,009 to six local agencies that provide programs for homeless families and individuals. The Consortium of Care Homeless Assistance program provides grants for transitional housing, permanent housing and support services. Funding is awarded in an annual national competition.

ST. LOUIS, MO - December 24, 2009 - (RealEstateRama) -- Amid ongoing deterioration in the commercial real estate (CRE) market, many community banks face the possibility of significant losses from soured loans and heightened refinancing risk in the months ahead

vWASHINGTON, D.C. - December 24, 2009 - (RealEstateRama) -- U.S. Senator Kit Bond today announced that the U.S. Department of Housing and Urban Development (HUD) will release more than $23 million in federal grant funds to local Missouri homeless assistance programs

JEFFERSON CITY, MO - December 21, 2009 - (RealEstateRama) -- An initiative proposed by Gov. Jay Nixon and State Treasurer Clint Zweifel to provide property tax relief to Missouri homebuyers was approved today by a 7-to-1 vote of the Missouri Housing Development Commission. This initiative is expected to provide property tax relief for 9,000 to 11,000 Missouri families.

WASHINGTON, D.C. - December 14, 2009 - (RealEstateRama) -- Today, Congressman Ike Skelton (D-Mo.) submitted the following statement in the U.S. House of Representatives during debate of H.R. 4173, The Wall Street Reform and Consumer Protection Act. Discussing his vote against the measure, Congressman Skelton stated

KANSAS CITY, MO - December 3, 2009 - (RealEstateRama) -- Matt J. Whitworth, United States Attorney for the Western District of Missouri, announced today that seven Kansas City, Mo., residents have been indicted by a federal grand jury for their roles in a mortgage fraud scheme that involved the purchase of a $605,000 house in Parkville, Mo

Jefferson City, MO - November 25, 2009 - (RealEstateRama) -- Attorney General Chris Koster said today he is suing a Florida company that took money from distressed Missouri homeowners without providing any meaningful mortgage-modification service. Koster joined the Federal Trade Commission and the state of Iowa in taking legal action against the company

JEFFERSON CITY, MO - November 24, 2009 - (RealEstateRama) -- Gov. Jay Nixon and State Treasurer Clint Zweifel, chairman of the Missouri Housing Development Commission (MHDC), today announced a proposal to pay the first year of property taxes for income-eligible Missourians who buy a new or existing Missouri home after Jan. 1, 2010. They will take the proposal before the MHDC at its Dec. 18 meeting.

CAPE GIRARDEAU, MO - November 17, 2009 - (RealEstateRama) -- Russell Todd McBride, of Creve Coeur, was sentenced on a mortgage fraud scheme involving the sale of residential real estate located in Sikeston, MO, Acting United States Attorney Michael W. Reap announced today. After sentencing, the district court remanded McBride to the custody of the United States Marshals to commence serving his sentence.

WASHINGTON, DC - November 16, 2009 - (RealEstateRama) -- U.S. Senator Kit Bond has introduced legislation that will increase funding to provide transitional housing for homeless veterans, calling it our nation’s sacred responsibility to support the men and women who answered America’s call to serve.

WASHINGTON, D.C. - October 16, 2009 - (RealEstateRama) -- U.S. Senator Kit Bond, ranking member of the Senate Appropriations Subcommittee that funds our nation’s housing programs, today announced that the U.S. Department of Housing and Urban Development (HUD) will release more than $200,000 in federal funds to the City of Blue Springs.

WASHINGTON, D.C. - October 16, 2009 - (RealEstateRama) -- U.S. Senator Kit Bond, ranking member of the Senate Appropriations Subcommittee that funds our nation’s housing programs, today announced that the U.S. Department of Housing and Urban Development (HUD) will release more than $200,000 in federal funds to the City of Blue Springs.

WASHINGTON, D.C. - October 16, 2009 - (RealEstateRama) -- U.S. Senator Kit Bond, ranking member of the Senate Appropriations Subcommittee that funds our nation’s housing programs, today announced that the U.S. Department of Housing and Urban Development (HUD) will release more than $200,000 in federal funds to the City of Blue Springs.

WASHINGTON, D.C. - October 14, 2009 - (RealEstateRama) -- U.S. Rep. Blaine Luetkemeyer (MO-9), a member of the House Oversight and Government Reform Committee, today made the following statement on Ranking Member Darrell Issa’s call to subpoena all records and documents related to the Countrywide VIP Program in which special mortgage rates were promised to lawmakers in return for political support for what was once the nation’s largest mortgage originator

WASHINGTON, D.C. - October 14, 2009 - (RealEstateRama) -- U.S. Rep. Blaine Luetkemeyer today announced that Leasburg Senior Citizens Homes, Inc. has received a $367,292 Agriculture Department loan to preserve and revitalize exisiting rural rental housing properties.

ST. LOUIS, MO - October 5, 2009 - (RealEstateRama) -- Milton H. Ohlsen III was sentenced to 30 months in prison on bank fraud charges after overstating his income on his home mortgage application, and in a separate case, sentenced to 30 months in prison on a firearms charge, Acting United States Attorney Michael W. Reap announced today. The sentences are to run concurrently. In addition to the prison sentence, Ohlsen was ordered to pay restitution of $99,871

SPRINGFIELD, MO - October 2, 2009 - (RealEstateRama) -- Matt J. Whitworth, United States Attorney for the Western District of Missouri, announced today that a Wichita, Kan., man and a Carl Junction, Mo., man pleaded guilty in federal court to their roles in a $1.2 million mortgage fraud scheme

Legislation moves back deadline on stimulus tax credit for men and women serving abroad. WASHINGTON, D.C. - September 30, 2009 - (RealEstateRama) -- While many American families have taken advantage of the First-Time Homebuyer Tax Credit and other benefits available through the economic recovery effort, many American heroes have been deployed overseas and thus unable to take advantage of this valuable credit to help them buy a home of their own. Today, U.S. Senator Claire McCaskill introduced a bill in the Senate to extend until November 30, 2010 the availability of this credit of up to $8,000 toward the purchase of a first home for service members deployed abroad for more than 90 days during 2009.

JEFFERSON CITY, MO - September 25, 2009 - (RealEstateRama) -- The Missouri Department of Economic Development is requesting proposals for Community Development Block Grant (CDBG) funding in areas of the state affected by weather related disasters during 2008. Only proposals for affordable rental housing projects may be submitted in this application process.

September 22, 2009 - (RealEstateRama) -- U.S. Senator Claire McCaskill announced today that state of Missouri and 17 communities have been awarded a total of $17,819,557 in federal grant money through the Department of Housing and Urban Development’s (HUD) Community Development Block Grant Program (CDBG). The money was made available through the American Recovery and Reinvestment Act of 2009. The CDBG program helps states and local governments to undertake a wide range of activities intended to create suitable living environments, provide affordable housing and create economic opportunities.

WASHINGTON, D.C. - September 17, 2009 - (RealEstateRama) -- U.S. Senator Kit Bond today announced that he secured more than $30 million to invest in Missouri’s transportation infrastructure and housing needs.

WASHINGTON, D.C. - September 17, 2009 - (RealEstateRama) -- Today, Congressman Ike Skelton (D-MO) joined Congressman Charles B. Rangel (D-NY), Chairman of the House Ways and Means Committee, Congressman Walter B. Jones, Jr. (R-NC), and 26 other Members of the House of Representatives, in introducing H.R. 3590, the Service Members Home Ownership Tax Act of 2009. This deficit-neutral legislation would amend the federal tax code to ensure military personnel can take full advantage of the first-time homebuyer tax credit that was created as part of H.R. 1, the American Recovery and Reinvestment Act.

Jefferson City, MO - September 17, 2009 - (RealEstateRama) --Attorney General Chris Koster will meet with both Secretary of the Treasury Tim Geithner and Attorney General Eric Holder in Washington, D.C., tomorrow to discuss Missouri's efforts to pursue businesses engaged in mortgage fraud. Geithner and Holder invited Koster and several other Attorneys General from around the nation to meet with them to discuss the problem and possible solutions. Also present at Thursday's meeting will be HUD Secretary Shaun Donovan and FTC Chair Jon Liebowitz.