Housing & Development

Housing & Development

New Year, New Home for Six Greensburg Families

Greensburg, KS - January 4, 2010 - (RealEstateRama) -- Six Greensburg families will ring in the New Year moving into new homes thanks to housing development grants created by the Kansas Legislature. The grants, which target cities and counties rebuilding after the 2007 tornadoes and flooding, help finance the construction of housing and infrastructure, such as streets, water and sewer systems.

Commissioner Delivers Testimony to Assembly Housing Committee

Albany, NY - January 4, 2010 - (RealEstateRama) -- Commissioner VanAmerongen recently testified before the State Assembly Housing Committee, providing information on DHCR's accomplishments during the last 12 months as well as the challenges the agency will face in the coming year.

State Seeks Citizen Input On Housing Plan

MONTPELIER, Vt. - January 4, 2010 - (RealEstateRama) -- State officials are hoping members of the public will turn out to give their input about Vermont’s plans for spending millions of dollars in federal housing and economic development funds.

Treasurer Zweifel Announces Record Pace for Unclaimed Property Accounts Returned

JEFFERSON CITY, MO - January 4, 2010 - (RealEstateRama) -- State Treasurer Clint Zweifel announced that half way through the 2010 fiscal year his office was on pace to break the previous record for Unclaimed Property accounts returned by more than 15 percent. A total of 45,809 accounts had been returned since July 1. The previous record was set by Treasurer Zweifel's office in fiscal year 2009.

NEW YORK STATE COMMISSIONER OF HOUSING AND COMMUNITY RENEWAL TO JOIN NIXON PEABODY

Deborah VanAmerongen Brings Wide Range of Experience in Housing and Community Development. (New York, NY - January 4, 2010 - (RealEstateRama) -- International law firm Nixon Peabody LLP announces the addition of Deborah VanAmerongen to its Affordable Housing practice. Ms. VanAmerongen will join Nixon Peabody as a strategic policy adviser as of February 1, 2010. She will be resident in the New York City office. Ms. VanAmerongen will work closely with attorneys in the firm's Affordable Housing practice to provide advice to developers, owners and managers of affordable housing, as well as their financing partners, in the preservation and production of affordable housing nationwide.

Tax Credits Available to Developers of Low-income Housing

BISMARCK, ND - December 30, 2009 - (RealEstateRama) -- The North Dakota Industrial Commission has approved the 2010 Low Income Housing Tax Credit Qualified Allocation Plan (QAP), providing more than $2.4 million worth of federal tax credits to support affordable housing development next year. The program is administered by the North Dakota Housing Finance Agency (NDHFA).

Tax Credits Available to Developers of Low-income Housing

BISMARCK, ND - December 30, 2009 - (RealEstateRama) -- The North Dakota Industrial Commission has approved the 2010 Low Income Housing Tax Credit Qualified Allocation Plan (QAP), providing more than $2.4 million worth of federal tax credits to support affordable housing development next year. The program is administered by the North Dakota Housing Finance Agency (NDHFA).

State awards more than $22 million for affordable housing projects

OLYMPIA, WA - December 30, 2009 - (RealEstateRama) -- The Washington State Department of Commerce has awarded $22,490,000 from the Housing Trust Fund to 11 multifamily affordable housing projects in seven counties. A total of 706 units will be built or rehabilitated in Clallam, Island, Walla Walla, King, Spokane, Pierce and Snohomish counties.

Free Fair Housing Workshop Offered

December 30, 2009 - (RealEstateRama) -- Learn about fair housing practices and laws at a free three-hour workshop from 9 a.m. to noon Friday, Jan. 15, at the Phoenix City Hall, 200 W. Washington St., assembly room A. This workshop will offer ADRE-authorized fair housing REALTOR® re-licensing credit and is presented in partnership with the Southwest Fair Housing Council.

Zweifel Offers a Fair Shake for Taxpayers to Kick Off the New Year

JEFFERSON CITY, MO - December 29, 2009 - (RealEstateRama) -- A little more than six months after being signed into law, legislation developed by State Treasurer Clint Zweifel will allow him to return more on investments he manages for Missouri taxpayers beginning January 1. The legislation, Invest in Missouri, received the unanimous support of the Senate and the House and was signed by Gov. Nixon on June 29.

Missouri Housing Development Commission Provides Millions in Mortgages and Assistance to First-Time Homebuyers

Kansas City, MO - December 29, 2009 - (RealEstateRama) -- Even in the face of a challenging economic environment, Missouri Housing Development Commission (MHDC) continues to provide quality affordable housing to the low- and moderate-income residents of Missouri. In addition, due to innovative programs and partnerships, MHDC has been able to continue its lending programs for first-time homebuyers with mortgage revenue bond financings and a commitment to homebuyers for assistance with down payment and closing costs.

Public hearing dates set for housing development funding

December 29, 2009 - (RealEstateRama) -- Missouri Housing Development Commission (MHDC) will hold public hearings at four different locations in January to discuss 122 affordable housing development proposals submitted by developers. Developers applied for these funds in response to the 2010 Notification of Funding Availability (NOFA) issued in June 2009. Hearings are planned for Kansas City, Springfield, St. Charles and Columbia.

Statewide grantees provide services to stop, prevent homelessness

December 28, 2009 - (RealEstateRama) -- The Minnesota Department of Human Services (DHS) has distributed nearly $11 million of federal funds to 31 organizations in Minnesota working to help individuals, families and unaccompanied youth find, secure and stay in affordable housing.

Rahall Sees Boost for Construction Jobs and Families With $25 Million Housing Grant

Washington,DC - December 28, 2009 - (RealEstateRama) -- U.S. Rep. Nick Rahall (W.Va.) sees a federal grant for the West Virginia Housing Development Fund as a boost for the State's construction workers and families.

Starrett City Refinancing Completed; Complex Will Remain Affordable for Another 30 Years

Albany, NY - December 28, 2009 - (RealEstateRama) -- State Housing Commissioner Deborah VanAmerongen announced that refinancing has been finalized at the 5,881-unit Starrett City housing complex in Brooklyn, the largest publicly assisted affordable housing complex in the nation.

Housing Production Posts Decrease in November, CBIA Announces

SACRAMENTO, CA - December 24, 2009 - (RealEstateRama) -- Housing construction in California continued to decrease in November and is on track to set a record for the least amount of homes produced in a single year, the California Building Industry Association announced today.

Report Says Housing Costs Burden Many Low-Income Vermonters

MONTPELIER, Vt. - December 22, 2009 - (RealEstateRama) -- Vermont’s aging housing stock is inadequate, causing low-income households to spend more of their money on housing than they can afford, according to a report released today.

Homebuyer Tax Credit – Morgan Hill Real Estate Update

Morgan Hill, CA - December 23, 2009 - (RealEstateRama) -- After much speculation by the general populace (and the real estate industry) and much consternation by Congress, the much-anticipated extension of the First-Time Homebuyer Tax Credit has been passed.

Sunnyslope Manor Senior Housing Community “Gifted” with a Holiday Meal

December 23, 2009 - (RealEstateRama) -- Residents of the city of Phoenix Sunnyslope Manor Senior Housing Community will be served a special holiday meal by The Terraces of Phoenix, a senior living community, at noon Thursday, Dec. 24, at 205 E. Ruth Ave. The Terraces Foundation Committee staff and members will provide a traditional holiday meal including turkey, mashed potatoes and gravy, cranberry sauce, and cheesecake as well as holiday music offered by Terraces resident Howard Lawrence, who will play an assortment of tunes on his portable keyboard. He has been volunteering as a keyboardist for almost 30 years.

HUD CHARGES ALABAMA LANDLORD AND MANAGER WITH HOUSING DISCRIMINATION

WASHINGTON, DC - December 22, 2009 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced that it is charging a Marshall County, Alabama, trailer owner and rental manager with discriminating against a white family by disconnecting water service and forcing them to leave because the manager objected to interracial dating. According to the complaint, Phillip Maze, rental agent for his mother Opal Maze, told a HUD investigator, “I do not have any blacks on my property and I am aware that we have a biracial president, but no federal law will make me rent to anyone I do not want to.”

Local New-Home Permits Jump to Highest Mark in One Year

December 22, 2009 - (RealEstateRama) -- Metro Kansas City single-family construction permits rose 8 percent in November to their highest level since November 2008, according to statistics compiled by the Home Builders Association of Greater Kansas City (HBA). The organization tracked a seasonally adjusted total of 214 single-family homes permitted in November, up from a revised total of 199 units started in October

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.

HUD Charges Las Vegas Real Estate Broker and Owners with Violating Fair Housing Act

WASHINGTON, DC - December 18, 2009 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced that it is charging a Las Vegas real estate broker and two homeowners with violating the Fair Housing Act by denying a mother of seven the opportunity to rent a four-bedroom home because they thought she had too many children.

$29,878 awarded for new multi-family housing in Norfolk

LINCOLN, NEB. - December 16, 2009 - (RealEstateRama) -- The Nebraska Department of Economic Development has awarded $29,878 in Nebraska Affordable Housing Trust Funds to Building Futures IV, Inc., a nonprofit 501(c)3, to build 10 new multi-family units.

Gov. Nixon, Treasurer Zweifel applaud passage of property tax relief for homebuyers by Housing...

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.

City set to move forward on $21.5 million in ARRA roadway resurfacing projects

December 21, 2009 - (RealEstateRama) -- Mayor Thomas M. Menino today announced that the Massachusetts Department of Transportation (MassDOT) is now accepting contract bids on behalf of the City of Boston for $21.5 million worth of road repair and resurfacing projects in Boston. The funding, awarded through the American Recovery and Reinvestment Act (ARRA), will support five separate construction contracts covering a total of 18.6 miles of roadway in various neighborhoods of the City. Allston-Brighton, Charlestown, Dorchester, Hyde Park, Jamaica Plain, Mattapan, Roslindale, South Boston, West Roxbury, and Downtown will all benefit from projects made possible by this funding.

Bayh, Carson meet with HUD secretary regarding Phoenix apartments

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

$6,000 contributed to Finally Home! Homebuyer Education

BOISE, ID - December 21, 2009 - (RealEstateRama) -- Wells Fargo Foundation recently contributed $6,000 to the Finally Home!® Homebuyer Education Program administered by the Idaho Partners for Home Buyer Education, Inc. (IPHBE, Inc.). In total, Wells Fargo has contributed $100,000 to the program, $5,000 of which was dedicated to translation of the course textbook into Spanish.

Qualified homebuyers can now benefit from tax credit extension

BOISE, ID - December 21, 2009 - (RealEstateRama) -- Qualified homebuyers can now take advantage of the recent extension and expanded provisions of the federal homebuyer tax credit of $8,000 for first-time homebuyers and $6,500 for homebuyers who have lived in their home for the past five years. To be eligible for this tax credit, homebuyers must sign a contract for a new home by April 30, 2010 and close on the home by June 30, 2010.

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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