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New York RealEstateRama is an Internet based Real Estate News and Press Release distributor chanel of RealEstateRama for New York Real Estate publishing community.

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State of New York Mortgage Agency Approves $37.5 million Insurance

NEW YORK, NY - January 28, 2010 - (RealEstateRama) -- The board of the State of New York Mortgage Agency (SONYMA) today approved a commitment to insure a $37.5 million mortgage on a 144-unit apartment building in Brooklyn that was originally built to be sold as condominium units.

NYSERDA Joins Businesses to Showcase Ways Homeowners Can Save Energy and Money with Alternative...

Albany, NY - January 28, 2010 - (RealEstateRama) -- It’s never been easier to find out how to cut your energy costs and make your home more environmentally friendly than at this year’s Great Northeast Home Show.

Senators Stachowski, Klein and Thompson Unveil Comprehensive Foreclosure Law in Buffalo

NEW YORK, NY - January 27, 2010 - (RealEstateRama) -- Senator Jeff Klein (D-34th Senate District), Senator William Stachowski (D-58th Senate District) and Senator Antoine Thompson (D-60th Senate District) were joined by officials from the Town of Cheektowaga and City of Buffalo

Harlem Receives First ‘Green Retrofit’ Housing Stimulus Award

Congressman Rangel Hails Funding for Energy-Efficiency Renovations on 135th Street Multi-Family Housing Project. Washington, DC - January 25, 2010 - (RealEstateRama) — Congressman Charles Rangel was pleased to learn recently that the Obama Administration’s first stimulus award for funding “green” apartment renovations will serve Northern Manhattan. The award– a $3.6 million federal housing loan to New-York [...]

Enterprise, Chase, United Fund Advisors invest $22.3 Million NMTC in Harrison Circle Building at...

COLUMBIA, Md. - January 19, 2010 - (RealEstateRama) -- Enterprise Community Investment, Inc. (Enterprise), a national leader in affordable housing and community development, and National Community Fund I, LLC, an affiliate of United Fund Advisors, LLC, recently closed on a $22.3 million New Markets Tax Credit (NMTC) transaction.

IBM Helps Community Preservation Corporation Tackle Housing Demands

NEW YORK, NY - January 13, 2010 - (RealEstateRama) -- The Community Preservation Corporation (CPC), a New York-based nonprofit that helps finance and develop multi-family housing in the metropolitan area, today announced it is working with IBM (NYSE: IBM) to manage its technology infrastructure and loan processing applications, helping CPC increase processing speed and efficiency, minimize human latency and improve quality and reliability.

Public Advocate de Blasio Calls for Changes to City Homeless Policies

NEW YORK, NY - January 19, 2010 - (RealEstateRama) -- Public Advocate Bill de Blasio today held a press conference with advocates calling for changes to the City’s approach to homelessness.

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"),

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.

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.

Congressman Tonko Announces Funding To Help Cohoes, Schenectady And Troy Housing Authorities Hire Workers

ALBANY, N.Y. - January 12, 2010 - (RealEstateRama) -- Congressman Paul Tonko today announces the Housing and Urban Development’s (HUD) release of funding for the Family Self Sufficiency Program.

Congressman Higgins Encourages Residents to Take Advantage of Homebuyer Tax Credit

Washington, DC - January 7, 2010 - (RealEstateRama) -- Congressman Brian Higgins (NY-27) joined Bonnie Saletta, President of Midtown Realty in Fredonia, NY and other local realtors to remind residents about the opportunity to receive up to an $8,000 tax credit with the purchase of a home.

Rep. Israel Joins with Veterans Leaders to Announce Historic Federal Investment to Help Homeless...

Bay Shore, NY - December 23, 2009 - (RealEstateRama) -- On Wednesday, Rep. Steve Israel (D – Huntington) joined the directors of two homeless veterans organizations on Long Island – Frank Amalfitano, President of the United Veterans Beacon House and Gregory Curran, Northport VAMC’s Homeless Veterans Coordinator – to announce the largest federal investment to date to help homeless veterans.

GREENPATH DEBT SOLUTIONS SEES 58% INCREASE IN NYC CLIENTS AND 52% INCREASE IN NY...

FARMINGTON HILLS, MI - December 22, 2009 - (RealEstateRama) -- GreenPath Debt Solutions, a nonprofit consumer credit counseling service with seven offices in the greater New York City area, recently released mortgage delinquency data regarding its clients in New York State and New York City

Governor Paterson Announces State Approval of $665 Million Sale in Housing Bonds to the...

New York, NY - December 18, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced that New York State has approved the sale of $665.2 million in housing bonds to the federal government that will lower the cost of borrowing for first-time homebuyers and developers of affordable multifamily rental apartments.

Rep. Israel Announces $200,000 in New Federal Funding to Prevent Home Foreclosure in Central...

Central Islip, NY - December 17, 2009 - (RealEstateRama) -- On Thursday, Rep. Steve Israel announced $200,000 in new federal funding for the Central Islip Neighborhood Stabilization Project, a program that prevents foreclosures with aggressive community outreach and rehabilitates vacant homes to sell to first-time home buyers.

Suffolk County Executive Steve Levy Plans Prompt Disbursement of Mortgage Taxes to Towns and...

Hauppauge , NY - December 15, 2009 - (RealEstateRama) -- Suffolk County Executive Steve Levy today will file a resolution via Certificate of Necessity seeking immediate passage of a measure to provide Suffolk’s towns and villages with more than $26 million of mortgage tax revenues.

Appraisal Business Owner Indicted in Mortgage Fraud Scheme

ALBANY, NY - December 14, 2009 - (RealEstateRama) -- Andrew T. Baxter, United States Attorney, Rene Febles, Special Agent in Charge, United States Department of Housing and Urban Development,

Attorney General Cuomo Announces Interim Court Order Shutting Down All Activities Of The “United...

NEW YORK, NY - December 15, 2009 - (RealEstateRama) -- Attorney General Andrew M. Cuomo today announced his office has obtained an interim court order shutting down the New York City-based not-for-profit group United Homeless Organization, Inc. (“UHO”).

Manhattan U.S. Attorney Charges President of Mortgage Brokerage Firm in $23 Million Fraud Scheme

New York, NY - December 10, 2009 - (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 Field Division of the Federal Bureau of Investigation ("FBI"), and RICHARD H. NEIMAN,

Schumer Introduces Legislation to Allow More Military Personnel to Qualify for Affordable Housing Program

Washington, DC - December 7, 2009 - (RealEstateRama) -- Today U.S. Senator Charles E. Schumer announced that he is introducing legislation to help provide more affordable housing options for military service members.

Goldman Sachs announces $61 MM investment in affordable housing

NEW YORK, NY - December 2, 2009 - (RealEstateRama) -- The Goldman Sachs Urban Investment Group announced today an investment of $61 million to support the preservation of more than 500 affordable rental homes for low-income New Yorkers.

NYS Affordable Housing Corporation Approves $3.5 Million in Grants to Build and Renovate 276...

NEW YORK, NY - December 3, 2009 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved more than $3.5 million in grants to finance the construction and renovation of 276 affordable housing units throughout New York State.

Schumer Pushes Plan To Expand Access To Affordable Housing For Thousands Of Military Families...

Washington, D.C. - December 3, 2009 - (RealEstateRama) -- Today U.S. Senator Charles E. Schumer announced that he is pushing legislation to help provide more affordable housing options for military service members.

Congressman Murphy Announces Fiscally Responsible Tax Credit for Homebuyers

Washington, DC - December 3, 2009 - (RealEstateRama) -- Today, Congressman Scott Murphy announced that, starting this month, New York homebuyers will be able to take advantage of a fiscally responsible tax credit.

Goldman Sachs to Invest $61 Million in Affordable Housing

NEW YORK, NY - December 2, 2009 - (RealEstateRama) -- The Goldman Sachs Urban Investment Group announced today an investment of $61 million to support the preservation of more than 500 affordable rental homes for low-income New Yorkers.

Mayor Bloomberg Announces Over 100 PlaNYC Energy Efficiency Retrofit Projects Have Been Launched or...

New York, NY - December 2, 2009 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Deputy Mayor for Operations Edward Skyler and Department of Citywide Administrative Services Commissioner Martha K. Hirst today announced that 104 projects to reduce energy use and meet the emissions reduction goals of PlaNYC are under construction or completed.

New York State Real Estate Board To Hold Public Hearing — December 3, 2009

ALBANY, NY - November 23, 2009 - (RealEstateRama) — The New York State Real Estate Board will hold a public hearing on general real estate issues on Thursday, December 3, 2009 at 10:30 a.m. at Department of State, Division of Licensing Services, Alfred E. Smith State Office Building, 80 South Swan Street, 10th Floor Conference [...]

HPD Announces Development Teams To Build 770 Units Of New Mixed-Use Affordable Housing At...

New York, NY - November 19, 2009 - (RealEstateRama) -- New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero announced today the selection of the developers who will construct mixed-use affordable housing on the last large city-owned tracts of land in the Melrose Commons North Urban Renewal Area (URA),

Former Real Estate Investment Company Owner Pleads Guilty to Laundering Proceeds of Mortgage Fraud

ALBANY, NY - November 19, 2009 - (RealEstateRama) -- Andrew T. Baxter, United States Attorney, Patricia J. Haynes, Special Agent in Charge, Internal Revenue Service, Criminal Investigation Division (New York Field Office), John F. Pikus, Special Agent in Charge, Albany Division of the Federal Bureau of Investigation, and Robert Bethel, Inspector in Charge, United States Postal Inspection Service, announce that KEVIN M. O’CONNELL, age 35, of Albany,

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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