News

NEWARK, N.J. - October 27, 2009 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia joined local officials and community leaders to break ground on Condominiums@Harmony Square, a 24-unit affordable housing community located at 105 Broad Street in Newark

CAMDEN, N.J. - October 27, 2009 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia today joined state and local officials to celebrate the completion of exterior façade renovation of the New Jersey Safe Deposit and Trust Building (Trust Building), located at 301 Market Street in the heart of downtown Camden.

DES MOINES, IA - October 27, 2009 - (RealEstateRama) -- Governor Chet Culver and Lt. Governor Patty Judge will hold three public events on Wednesday. The Governor will remain at the State Capitol in Des Moines to finalize departmental budget plans, while the Lt. Governor attends events in Iowa City and Perry.

New York City - October 26, 2009 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) today released a Request for Qualifications (RFQ) to identify developers for the first stage of the Willets Point District in northeastern Queens.

BISMARCK, ND - October 27, 2009 - (RealEstateRama) -- The North Dakota Housing Finance Agency (NDHFA) is seeking nominations for the 2009 Champion of Affordable Housing Leadership and Housing Production Awards.

Washington, D.C. - October 27, 2009 - (RealEstateRama) -- To further encourage home ownership and stabilize the housing market, Congressman Tom Perriello joined colleagues from both sides of the aisle in a letter to Speaker of the House Nancy Pelosi and House Minority Leader John Boehner urging them to extend the homebuyer tax credit that was originally included as part of the American Recovery and Reinvestment Act.

WASHINGTON, D.C. - October 26, 2009 - (RealEstateRama) -- U.S. Representative Martin Heinrich (NM-1) announced today that the New Mexico Mortgage Finance Authority (NMMFA) is receiving more than $7.8 million to support construction of housing for low-income families in Albuquerque through the American Recovery and Reinvestment Act of 2009.

Houston, TX - October 9, 2009 - (RealEstateRama) -- The Mayor’s Office of Veteran Affairs today hailed the awarding of $2.1 million in grants from the Veteran’s Administration to two local agencies to help house homeless veterans in Houston.

Raleigh, NC - October 26, 2009 - (RealEstateRama) -- Foreclosure prevention efforts that have helped more than 1,100 North Carolinians save their homes got a boost earlier this month when the North Carolina Housing Finance Agency was awarded an additional $895,350 of federal funds from the National Foreclosure Mitigation Counseling Program.

FRANKFORT, KY - October 27, 2009 - (RealEstateRama) -- The Kentucky Finance and Administration Cabinet, Division of Surplus Properties, conducted two auctions in the past week netting over $110,000. Two more auctions are scheduled in November.

FRANKFORT, KY - October 27, 2009 - (RealEstateRama) -- The Kentucky Finance and Administration Cabinet, Division of Surplus Properties, conducted two auctions in the past week netting over $110,000. Two more auctions are scheduled in November.

FRANKFORT, KY - October 27, 2009 - (RealEstateRama) -- The Kentucky Finance and Administration Cabinet, Division of Surplus Properties, conducted two auctions in the past week netting over $110,000. Two more auctions are scheduled in November.

Boise, ID - October 27, 2009 - (RealEstateRama) -- The Idaho Department of Finance has filed a complaint in Ada County District Court against Sheila Lea Jones. Jones, owner of Vitruvian Investment Group, solicited investors to pool their money for investment into a real estate fund managed by Jones. The fund purportedly invested in short-term construction and development loans, as well as conventional real estate transactions including both commercial and residential loans. The defendant allegedly raised over $3.7 million from at least 40 investors and offered annual returns of 8 percent to 10.5 percent. The State’s complaint alleges violations of the anti-fraud provisions of the Idaho Securities Act and violations of the Idaho Financial Fraud Prevention Act. Vitruvian Investment Group filed for Chapter 7 bankruptcy protection in November 2008

Warwick, RI - October 26, 2009 - (RealEstateRama) -- This morning, the House of Hope, Housing Resources Commission (HRC), U.S. Department of Housing and Urban Development (HUD), LISC, Corporation for Supportive Housing, the state Department of Mental Health, Retardation and Hospitals, and Rhode Island Housing broke ground on five new homes for Rhode Islanders with disabilities.

Rockville Centre, NY - October 26, 2009 - (RealEstateRama) -- Nassau County Executive Thomas R. Suozzi was joined today by Legislator Joe Scannell, (D-Rockville Centre) to announce the transformation of 153 units of low-income housing authority property into newly renovated affordable rental housing in Rockville Centre.

PASSAIC, N.J. - October 26, 2009 - (RealEstateRama) -- Passaic Mayor Dr. Alex Blanco today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) in City Hall Council Chambers, 330 Passaic Street, to announce that Passaic is the newest member of the Live Where You Work program.

PASSAIC, N.J. - October 26, 2009 - (RealEstateRama) -- Passaic Mayor Dr. Alex Blanco today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) in City Hall Council Chambers, 330 Passaic Street, to announce that Passaic is the newest member of the Live Where You Work program.

TRENTON, N.J. - October 26, 2009 - (RealEstateRama) -- The State of New Jersey received two national awards from The Council of State Community Development Agencies (COSCDA) today for the Camden Home Improvement Program, a housing rehabilitation program in the City of Camden, and the Live Where You Work program, a statewide workforce housing initiative.

TRENTON, N.J. - October 26, 2009 - (RealEstateRama) -- The State of New Jersey received two national awards from The Council of State Community Development Agencies (COSCDA) today for the Camden Home Improvement Program, a housing rehabilitation program in the City of Camden, and the Live Where You Work program, a statewide workforce housing initiative.

WASHINGTON, D.C. - October 26, 2009 - (RealEstateRama) -- Today Rep. Eric Massa announced his support for extending the first-time homeowners tax credit of $8,000 for new homeowners.

WASHINGTON, D.C. - October 26, 2009 - (RealEstateRama) -- Today Rep. Eric Massa announced his support for extending the first-time homeowners tax credit of $8,000 for new homeowners.

WASHINGTON, DC - October 26, 2009 - (RealEstateRama) -- U.S. Representative John Boccieri (D-Alliance) today announced the U.S. Department of Housing & Urban Development (HUD) awarded more than $33,000 to the Stark Metropolitan Housing Authority (SMHA).

EDISON, NJ - October 26, 2009 - (RealEstateRama) -- Today, Congressman Leonard Lance (NJ-07) joined officials from the New Jersey Association of REALTORS® (NJAR®) in support of extending the popular home buyer tax credit through 2010 and expanding it to all New Jersey home buyers.

WASHINGTON, DC - October 26, 2009 - (RealEstateRama) -- U.S. Rep. Bill Pascrell, Jr. (D-NJ-8) today joined State Assemblyman Gary Schaer and Passaic Mayor Dr. Alex Blanco to announce the opening of seven new three-story units on Broadway that constitute the city’s newest affordable housing project.

TRENTON, NJ - October 26, 2009 - (RealEstateRama) -- New Jersey homeowners and tenants are reminded that the deadline for applying for two direct property tax relief programs is only days away, with applications for the 2008 Homestead Rebate and the 2008 Property Tax Reimbursement (Senior Freeze) programs due by November 2.

BATON ROUGE, LA - October 26, 2009 - (RealEstateRama) -- Governor Bobby Jindal announced the appointment of Michael Burroughs to the State Board of Home Inspectors. The State Board of Home Inspectors serves to regulate the practice of home inspectors by examining all applicants and issuing licenses or permits to those possessing the necessary qualifications.

BATON ROUGE, LA - October 26, 2009 - (RealEstateRama) -- Governor Bobby Jindal announced the appointment of Michael Burroughs to the State Board of Home Inspectors. The State Board of Home Inspectors serves to regulate the practice of home inspectors by examining all applicants and issuing licenses or permits to those possessing the necessary qualifications.

BATON ROUGE, LA - October 26, 2009 - (RealEstateRama) -- Governor Bobby Jindal announced the appointment of Michael Burroughs to the State Board of Home Inspectors. The State Board of Home Inspectors serves to regulate the practice of home inspectors by examining all applicants and issuing licenses or permits to those possessing the necessary qualifications.

Kansas City, KS - October 26, 2009 - (RealEstateRama) -- Kansas Housing Resources Corporation (KHRC) has awarded $3,765,000 in Recovery Act funds to finance the construction of 20 affordable, energy-efficient single-family homes in Kansas City, Kansas. The lease-to-own development, called House-to-Home, will be located in the historic Bethany neighborhood and is financed by the Tax Credit Assistance Program (TCAP) created by the American Recovery and Reinvestment Act (ARRA) of 2009.

Washington D.C.) - October 26, 2009 - (RealEstateRama) -- The Department of Health and Human Services announced the release of $2.7 billion in grant funding for the Low Income Home Energy Assistance Program (LIHEAP) . The funding, which is for the remaining months of the year, will be used to help eligible families pay the costs of heating and insulating their homes this winter