Housing & Development

More than $46 million approved to support nearly 500 units of affordable housing in Iowa. DES MOINES, IA - September 23, 2009 - (RealEstateRama) -- Governor Chet Culver announced today that affordable housing projects throughout the state have been awarded a total of more than $46 million to create or preserve nearly 500 units of affordable housing. The awards were made through the Culver/Judge I-JOBS initiative and the federal American Recovery & Reinvestment Act (ARRA). The Iowa Finance Authority administers the programs.

WASHINGTON, DC - September 24, 2009 - (RealEstateRama) -- Senator Joe Lieberman (ID-CT) today praised the release of $9,445,758 in Recovery Act funding to create new affordable rental housing and increase the energy efficiency of existing public and low income housing. These funds were distributed to five municipalities across the state giving them the resources to install new energy efficient technologies to conserve energy, such as Energy Star appliances, high-efficiency boilers/furnaces and programmable thermostats or controls.

Washington, D.C. - September 21, 2009 - (RealEstateRama) -- U.S. Senators Arlen Specter and Bob Casey today announced that the Department of Housing and Urban Development (HUD) has awarded the Philadelphia Housing Authority $13,915,000 to complete a “green” public housing transformation to the Paschall Apartments.

Washington, D.C. - September 21, 2009 - (RealEstateRama) -- U.S. Senators Arlen Specter and Bob Casey today announced that the Department of Housing and Urban Development (HUD) has awarded the Philadelphia Housing Authority $13,915,000 to complete a “green” public housing transformation to the Paschall Apartments.

Washington, DC - September 23, 2009 - (RealEstateRama) -- Today, Congressman Alcee L. Hastings (D-Miramar) introduced the Support for Ending Long-Term Homelessness Act of 2009. This bill will establish a grant program to provide permanent supportive housing for chronically homeless individuals and families that have needs not addressed by traditional affordable housing. The companion bill has been introduced in the Senate by Senator Richard Burr (R-NC). (Please find attached a copy of the bill.)

WASHINGTON, DC - September 23, 2009 - (RealEstateRama) -- Senator Joe Lieberman (ID-CT) today praised the release of $7,162,353 in Recovery Act funding to improve living conditions, provide affordable housing and create economic opportunities. These funds were distributed to eight municipalities across the state, as well as to the Connecticut Department of Economic and Community Development. The grants were released by the federal Department Housing and Urban Development as a part of the American Recovery and Reinvestment Act.

Washington, D.C. - September 18, 2009 - (RealEstateRama) -- U.S. Senators Arlen Specter and Bob Casey today announced that the U.S. Senate has approved federal funding for several Pennsylvania housing projects.

Washington, D.C. - September 18, 2009 - (RealEstateRama) -- U.S. Senators Arlen Specter and Bob Casey today announced that the U.S. Senate has approved federal funding for several Pennsylvania housing projects.

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.

Grants Will Help Revitalize Neighborhoods, Create Jobs and Combat Homelessness WASHINGTON, D.C. - September 23, 2009 - (RealEstateRama) -- Congressman Dale E. Kildee (D-MI) today announced that $1,690,524 in stimulus funding has been awarded to Saginaw through the American Recovery and Reinvestment Act (ARRA). This legislation passed the House of Representatives on February 13, 2009 with Congressman Kildee’s strong support and became law on February 17, 2009. Of this funding, $1,022,177 is being made available through the Homeless Prevention and Rapid Re-housing (HPRP) Program, and $668,347 of this funding is through the Community Development Block Grant (CDBG) Program.

FRANKLIN TWP., NJ - September 18, 2009 - (RealEstateRama) -- New Jersey Department of Community Affairs (DCA) Acting Commissioner Charles A. Richman and New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia today joined local officials to break ground on Franklin Boulevard Commons

Washington, D.C. - September 23, 2009 - (RealEstateRama) -- Congressman Raúl M. Grijalva is pleased to announce that several communities in Congressional District 7 have been awarded grants from the U.S. Department of Housing and Urban Development (HUD) for public housing under the American Reinvestment and Recovery Act (ARRA)

New York, NY - September 18, 2009 - (RealEstateRama) -- Council Member and former candidate for Comptroller Melinda Katz today endorsed Council Member David Yassky for New York City Comptroller.

Loan to Florida Community Loan Fund is one of the largest of its type among community foundations. ORLANDO, FL - September 22, 2009 - (RealEstateRama) -- In response to the growing need for affordable rental housing, the Community Foundation for Palm Beach and Martin Counties http://www.yourcommunityfoundation.org announced today an unprecedented $4 million low-interest loan to the Florida Community Loan Fund (FCLF) http://www.fclf.org/ , a nonprofit statewide lending institution. This investment in affordable housing is one of the largest ever made nationwide by a community foundation to a Community Development Finance Institution[i]. The announcement took place at the Florida Housing Coalition's statewide affordable housing conference in Orlando.

Virginia Beach, VA - September 21, 2009 - (RealEstateRama) -- Many military families in Hampton Roads, and across the country, could have more affordable housing options under a new proposal from Congressman Glenn Nye (VA-02).

Albany, NY - September 17, 2009 - (RealEstateRama) -- DHCR Commissioner Deborah VanAmerongen recently joined elected officials and community leaders at 1825 Atlantic Avenue in Brooklyn's Bedford-Stuyvesant neighborhood to celebrate the opening of Atlantic Avenue Apartments.

Salem, OR - September 16, 2009 - (RealEstateRama) -- Starting next week, Oregonians will have a chance to help shape how Oregon Housing and Community Services implements funding received from House Bill 2436 at public forums held throughout the state.

NEW YORK, NY - September 15, 2009 - (RealEstateRama) -- "nyhomes," New York State's affordable housing lender, today announced "Day 1"--a new program to offer credit enhancement on construction loans that finance renovations of affordable multifamily properties.

BISMARCK, ND - September 18, 2009 - (RealEstateRama) -- The Industrial Commission announced today that the North Dakota Housing Finance Agency (NDHFA) has granted conditional commitments for $2.7 million in Low Income Housing Tax Credits (LIHTC) to support construction or rehabilitation of 266 housing units.

COLUMBUS, OH - September 16, 2009 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board today approved the issuance of up to $16 million in Multifamily Mortgage Revenue Bonds.

FORT WORTH, TX - September 9, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced that Denison, El Paso, Fort Bend County, Longview and Tyler will receive a total of $18,781,606 to support community development and produce more affordable housing.

Washington, D.C. - September 16, 2009 - (RealEstateRama) -- Congresswoman Carolyn Maloney (D-NY) submitted a statement into the Congressional Record yesterday in support of H.R 3527, the FHA Multifamily Loan Limit Adjustment Act of 2009.

WASHINGTON, DC - September 21, 2009 - (RealEstateRama) -- U.S. Senators Barbara A. Mikulski and Benjamin L. Cardin (both D-Md.), today announced that the Department of Housing and Urban Development is awarding the Hagerstown Housing Authority $9,879,750 in a competitive Public Housing Capital Fund grant for construction of a “green” public housing project for seniors at the site of the former H.L. Mills Station in Hagerstown. This shovel-ready project will be a 60-unit, four-story, LEED Certified building. The energy efficient design calls for using geothermal energy for heating, Energy Star appliances and construction standards, and other techniques for water and energy conservation. Construction is expected to begin before the end of this year.

CHICAGO, IL - September 21, 2009 - (RealEstateRama) -- Members of the Illinois Housing Development Authority (IHDA) board today appointed Gloria L. Materre, former deputy chief of staff under Governor Pat Quinn, as executive director. IHDA is the state agency dedicated to financing affordable housing across the state. Materre succeeds DeShana L. Forney, who resigned to pursue other career opportunities.

Washington, DC - September 21, 2009 - (RealEstateRama) -- U.S. Congressman Jerry Costello (D-IL) announced that the Granite City Housing Authority has received a $6,052,223 grant as part of American Recovery and Reinvestment Act funding from the Department of Housing and Urban Development. The funds will be used to make energy efficiency improvements at Granite City Commons

Washington, DC - September 21, 2009 - (RealEstateRama) -- On Tuesday, the House unanimously passed the Federal Housing Administration (FHA) Multifamily Loan Limit Adjustment Act, a bill coauthored by Congressman Miller, to address the need for new construction or substantial rehabilitation of multifamily units in extremely high cost areas of the country.

OKLAHOMA CITY, OK - September 9, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced that Tulsa County will receive a total of $2,588,451 to support community development and produce more affordable housing.

Washington, DC - September 15, 2009 - (RealEstateRama) -- The House of Representatives today passed legislation that would dramatically increase the ability of the Federal Housing Administration to guarantee loan in big cities like New York.

WASHINGTON, DC - September 15, 2009 - (RealEstateRama) — The U.S. House of Representatives today unanimously approved bipartisan legislation introduced by Congressman John Adler (D-NJ) and Congressman Chris Lee (R-NY) to modernize the Federal Housing Administration (FHA). H.R. 3146, the 21st Century FHA Housing Act of 2009, would provide the FHA with the tools it [...]

Housing Development Grants Approved for Cherryvale, Erie, Iola, Neodesha and Kiowa County. Topeka, KS - September 18, 2009 - (RealEstateRama) -- Kansas Housing Resources Corporation (KHRC) has awarded over $2.2 million in grants to five disaster-affected communities to build housing and infrastructure. The grants, made possible by the Housing Development Grant Program (HDGP) created last year by the Kansas Legislature, assist communities recovering from the 2007 Greensburg Tornado and the Southeast Kansas floods