News

November 5, 2009 - (RealEstateRama) -- Following a push to ensure that the Senate's extension of unemployment benefits includes Coloradans, Michael Bennet and Mark Udall, U.S. Senators for Colorado, today announced Senate passage of the Worker, Homeownership, and Business Assistance Act of 2009. The legislation, which they cosponsored, would provide relief to jobless workers by extending unemployment insurance for the nearly 14,000 jobless Coloradans who will exhaust their benefits by year's end. It also extends the homebuyer tax credit and provides important tax relief for Colorado families and small businesses.

November 5, 2009 - (RealEstateRama) -- Following a push to ensure that the Senate's extension of unemployment benefits includes Coloradans, Michael Bennet and Mark Udall, U.S. Senators for Colorado, today announced Senate passage of the Worker, Homeownership, and Business Assistance Act of 2009. The legislation, which they cosponsored, would provide relief to jobless workers by extending unemployment insurance for the nearly 14,000 jobless Coloradans who will exhaust their benefits by year's end. It also extends the homebuyer tax credit and provides important tax relief for Colorado families and small businesses.

Washington, DC - November 5, 2009 - (RealEstateRama) -- Congresswoman Lucille Roybal-Allard (CA-34) voted to stimulate the local economy and provide stability to families hit hardest by the recession by extending unemployment benefits, the homebuyers’ tax credit, and tax relief for military families and businesses.

Atlanta, GA - November 5, 2009 - (RealEstateRama) -- On December 18, 2008, the Georgia Department of Banking and Finance (“Department”) agreed to a settlement with SunnyMTG.com 866-768-CASH, LLC (“SunnyMTG”), License Number 20422, located at 1910 East Oakland Park Boulevard, Fort Lauderdale, FL 33306, and its owner Sumit Gaddh, to resolve alleged violations of the Georgia Residential Mortgage Act and agency rules.

Washington, D.C. - November 4, 2009 - (RealEstateRama) -- Led by Nevada Senator Harry Reid, the U.S. Senate today passed a bill that will extend unemployment benefits, the Homebuyer Tax Credit, and tax relief for struggling businesses.

Washington, D.C. - November 4, 2009 - (RealEstateRama) -- Montana’s senior U.S. Senator Max Baucus today applauded the Senate for passing his bill to extend the $8,000 tax credit to more of Montana’s first time homebuyers.

LANSING, MI - November 5, 2009 - (RealEstateRama) -- Attorney General Mike Cox today announced that his office has filed charges against a Wyoming, MI woman accused of defrauding the Michigan State Housing Development Authority (MSHDA) by fraudulently obtaining a mortgage, defaulting on that mortgage and leaving taxpayers to pick up the tab.

Washington, D.C. - November 5, 2009 - (RealEstateRama) -- U.S. Senator David Vitter today joined a bipartisan group of U.S. Senators from three states in introducing a resolution that urges banks and mortgage lenders to work with the estimated 1,300 homeowners in 26 states who are dealing with health and safety issues linked to the use of contaminated drywall. The homeowners have reported a range of similar problems with structural corrosion and odors, as well as many common health concerns, including headaches, rashes, burning eyes and nosebleeds.

November 5, 2009 - (RealEstateRama) -- The Inspection Services Division would like to remind property owners who have rental property within the city to register the property before it is to be rented or leased.

NASHVILLE, TN - November 4, 2009 - (RealEstateRama) -- The National Council of State Housing Agencies has recognized a partnership between the Tennessee Housing Development Agency (THDA) and the Tennessee Department of Revenue with an award for Tennessee’s Community Investment Tax Credit.

RALEIGH, NC - November 4, 2009 - (RealEstateRama) -- Commerce Secretary Keith Crisco today announced that five North Carolina communities will receive $1.23 million in Small Cities Community Development Block Grant Tax Credit Housing Development funds to provide housing and related needs for low- and moderate-income residents.

Albany, NY - November 4, 2009 - (RealEstateRama) -- The NYS Division of Housing and Community Renewal (DHCR) today announced the award of $27 million in stimulus funds that will help jumpstart seven developments that had been stalled by the economic downturn.

Salt Lake City, UT - November 4, 2009 - (RealEstateRama) -- In tough financial times it seems plenty of companies are claiming they can save Utah homeowners from foreclosure.

AUGUSTA, ME - November 3, 2009 - (RealEstateRama) -- Nearly 10,000 apartments, including more than 650 vacancies, are now listed at MaineHousingSearch.org., the new website that matches landlords with apartments to rent with people looking for an apartment. This new rental listing service is free for both landlords and renters.

Radon Poster Contest launched to increase awareness of radon hazards. SPRINGFIELD, IL - November 3, 2009 - (RealEstateRama) -- November is Lung Cancer Awareness Month, and the Illinois Emergency Management Agency (IEMA) is encouraging people to check their homes this month for a radioactive gas that is the second-leading cause of lung cancer in the United States. Radon gas, which comes from the decay of naturally-occurring uranium in the soil, has been found in homes in every county in Illinois.

WASHINGTON, DC - November 2, 2009 - (RealEstateRama) -- U.S. Rep. Bill Pascrell, Jr. (D-NJ-8) today joined federal, state and city officials on Monday at a groundbreaking ceremony for the Belmont Senior Apartments project at Belmont Avenue and Cliff Street.

Washington, DC - November 3, 2009 - (RealEstateRama) -- Congressman Dave Loebsack, joined by the Iowa delegation, wrote to Administrator Fugate, urging FEMA to waive rent for the temporary housing program. FEMA recently granted an extension of the temporary housing program for an additional seven months until June 27, 2010. While this extension allows disaster victims an additional seven months to seek affordable housing, several problems remain within the temporary housing program. Currently, FEMA will charge residents the fair market value of rent, minus certain deductions, which places a heavy burden on many Iowans as they work to recover from the floods of last summer.

CHICAGO, IL - November 3, 2009 - (RealEstateRama) -- Governor Pat Quinn today urged eligible Illinois households to apply for winter heating assistance through the Low Income Home Energy Assistance Program (LIHEAP). The state received $174.6 million in federal funds to assist low-income families for this winter season.

Washington, DC - November 3, 2009 - (RealEstateRama) -- Idaho Congressman Mike Simpson is a cosponsor of H.R. 3095, the Estate Tax Relief Act of 2009. The legislation increases the estate tax exemption to $5 million per person and reduces the top rate to 35% in equal increments over ten years.

Atlanta, GA - November 3, 2009 - (RealEstateRama) -- On October 26, 2009, the DeKalb County Superior Court issued a Final Consent Order enjoining Mortgage First, LLC of Layton, Utah, from further violation of the Department of Banking and Finance’s (“Department’s”) order requiring that it cease and desist from engaging in unlicensed residential mortgage activities in Georgia.On October 15, 2007, a Cease and Desist Order issued by the Department became final against Mortgage First, LLC after it was determined that this company was engaging in residential mortgage activities without the appropriate license. After the Cease and Desist Order became final, Mortgage First, LLC continued to engage in mortgage broker and lending activities for which a license was required by the Department.

CORNING, NY - November 2, 2009 - (RealEstateRama) -- Today Congressman Eric Massa highlighted the beginning of the Home Energy Assistance Program (HEAP) application period.

WASHINGTON, D.C. - November 2, 2009 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) announced his support for a bill that would provide for an extension of emergency benefits to unemployed workers and expand the homebuyer tax credit.

NEW YORK, NY - November 2, 2009 - (RealEstateRama) -- Attorney General Andrew M. Cuomo today announced that Stone Ridge Estates at Dix Hills Home Owners Association, which oversees seventy-six condominium units located in Dix Hills, New York, has entered into an agreement with his office to guarantee that its bylaws do not discriminate against residents because of their religion.

WinnResidential top performer for seventh year; Maloney Properties, United Housing Management and Peabody Properties also cited for multi-million dollar efforts. BOSTON, MA - November 2, 2009 - (RealEstateRama) -- MassHousing recently recognized the efforts of 89 property management companies that make a concerted effort to do business with Minority and Women-Owned Businesses (M/WBEs). WinnResidential Management, which manages 85 MassHousing-financed properties, was the top performer for the seventh year in a row.

WASHINGTON, Dc - November 2, 2009 - (RealEstateRama) -- Honolulu will receive $3,863,700 to fund energy efficient initiatives including the reduction of fossil fuel emissions, the creation of green jobs, and the implementation of practices that lessen overall energy use, Senators Daniel K. Inouye and Daniel K. Akaka announced today.The federal funds are made available to Honolulu through the U.S. Department of Energy's Energy Efficiency and Conservation Block Grant (EECBG) award.

TALLAHASSEE, FL - November 2, 2009 - (RealEstateRama) -- Florida Housing was recently awarded $1,805,370 to support foreclosure prevention counseling efforts in the State of Florida. The much-needed boost will bolster efforts to provide additional foreclosure counseling to area homeowners in danger of foreclosure.“Needless to say, we are very pleased to have been awarded these funds from NeighborWorks® America to expand and build upon the efforts to help those facing foreclosure in our state,” said Steve Auger, Florida Housing’s executive director. “Through the continued partnership with our sub-grantees, we will work diligently to assist as many homeowners as possible.”

LOS ANGELES, CA - November 2, 2009 - (RealEstateRama) --The U.S. Congress late yesterday passed a congressional resolution extending through 2010 the current conforming loan limits of $417,000 for most areas in the U.S. and $729,750 for high-cost areas, including many in California. President Obama is expected to sign the resolution today or tomorrow as part of a broader piece of budgetary legislation that will prevent a government shutdown.

November 2, 2009 - (RealEstateRama) -- Nine rural communities have been selected to receive grant funds next year under Alaska Housing Finance Corporation's Teacher, Health Professional & Public Safety Professional housing program.After a competitive review process, applications approved for new construction are for teacher housing in Mountain Village eight units, Unalaska six units, Koyuk two units, Teller four units, Napaskiak eight units, and Huslia two units. Approved for rehabilitation of existing housing units are Tanana two units and Noatak four units.

BURLINGTON, Vt. - October 30, 2009 - (RealEstateRama) — The state has awarded more than $1.3 million to the City of Burlington to purchase and rehabilitate foreclosed homes and convert a New North End building into affordable housing.

BURLINGTON, Vt. - October 30, 2009 - (RealEstateRama) — The state has awarded more than $1.3 million to the City of Burlington to purchase and rehabilitate foreclosed homes and convert a New North End building into affordable housing.