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$2.7 Billion Released for Home Energy Assistance
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
Boustany Urges Safeguards to Prevent Fraud in First Time Homebuyer Tax Credit
Opening Statement of Charles Boustany, Jr. (R-LA)
Ranking Member Subcommittee on Oversight
Hearing on Administration of the First-Time Homebuyer Tax Credit
Illinois Home Sales Show First Increase in Over Three Years Statewide Median Price at...
SPRINGFIELD, IL - October 26, 2009 - (RealEstateRama) -- Statewide Illinois home sales increased year-over-year in the month of September for the first time since March 2006 with first-time buyers driving the rebound in sales. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in September 2009 reached 10,350 homes sold, up 3.3 percent from September 2008 sales of 10,018. The Illinois median price in September 2009 was $160,000 down 9.3 percent from $176,450 in September 2008. The median is a typical market price where half the homes sold for more, half sold for less.
Gov. Schwarzenegger Issues Statement Following Green Cities California Unveiling of Best Practices Web Site
October 26, 2009 - (RealEstateRama) -- Governor Arnold Schwarzenegger today issued the following statement after Green Cities California, the collaborative of 10 cities and counties acknowledged as sustainability leaders, launched a Web site today that will serve as a resource for other communities striving to go green
FEMA Disaster Housing Program For 2008 Floods Extended For Seven Months
Des Moines, IA - October 26, 2009 - (RealEstateRama) -- Officials of the Federal Emergency Management Agency announced today that the Direct Housing Assistance program, which was slated to end on November 27, has been extended for a period of seven months. The program will now end on June 27, 2010.
Ewing Couple and Their Real Estate Firm Indicted on Charges They Stole Over $600,000...
TRENTON, NJ - October 23, 2009 - (RealEstateRama) -- Attorney General Anne Milgram announced that a Ewing couple and their real estate firm were indicted on charges they stole more than $600,000 from home sellers in connection with 11 home sales.
Congressman Pascrell Questions Federal Officials On Adminstration Of The First-time Homebuyer Credit; Co-sponsors Legislation...
WASHINGTON, DC - October 22, 2009 - (RealEstateRama) -- U.S. Rep. Bill Pascrell, Jr. (D-NJ-8) today joined his colleagues on the House Ways and Means Committee’s Oversight Subcommittee in vetting the administration of the First-Time Homebuyers Tax Credit.
State Awards Homelessness Prevention Funds
Albany, NY - October 22, 2009 - The State Office of Temporary and Disability Assistance (OTDA) today announced that it has awarded homelessness prevention grants of more than $1.3 million through the American Recovery and Reinvestment Act (ARRA) of 2009 to Broome County and the City of Troy in Rensselaer County.
HMFA Breaks Ground on 77-Unit Affordable Housing Project in Camden
CAMDEN, N.J. - October 22, 2009 - (RealEstateRama) -- Representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) today joined local officials to break ground on John O. Parker, Jr. Hall, a 77-unit affordable housing apartment building located in the Centerville Retirement Community at the corner of 7th Street and Ferry Avenue in the Centerville section of the City of Camden.
DCA, HMFA Break Ground on First Phase of New Alexander Hamilton Project in Paterson
PATERSON, N.J. - October 22, 2009 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia today joined local officials to break ground on Phase I of the new Alexander Hamilton Housing Development, which will be built at the site of the old public housing complex of the same name.
HUD announces $2.8 million for affordable housing and community development in Harrisburg, Pennsylvania
PHILADELPHIA, PA - October 16, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced Harrisburg will receive more than $2.8 million to support community development and produce more affordable housing. HUD's annual funding will also help individuals and families who might otherwise be living on the streets; and offer real housing solutions for individuals with HIV/AIDS.
EPA Cites Unlawful Filling of Wetlands at Wicomoco County, Md. Housing Development Site
PHILADELPHIA - October 23, 2009 - (RealEstateRama) -- The U.S. Environmental Protection Agency has cited a Millersville, Md. couple and a Millsboro, Del. real estate developer for unlawfully filling protected wetlands, a violation of the Clean Water Act
EPA Cites Unlawful Filling of Wetlands at Wicomoco County, Md. Housing Development Site
PHILADELPHIA - October 23, 2009 - (RealEstateRama) -- The U.S. Environmental Protection Agency has cited a Millersville, Md. couple and a Millsboro, Del. real estate developer for unlawfully filling protected wetlands, a violation of the Clean Water Act
CONGRESSMAN PETERS CALLS FOR EXTENSION OF FIRST-TIME HOMEBUYER TAX CREDIT
$8,000 Credit, Which Is Helping Home Sales Rebound, Is Set to Expire at the End of Next Month. Washington, D.C. - October 22, 2009 - (RealEstateRama) -- Congressman Gary Peters today urged House leadership to extend the first-time homebuyer tax credit, a measure enacted in February that saves new homebuyers thousands of dollars and has helped the U.S. housing market rebound in recent months. The credit is set to expire November 30th. Congressman Peters, along with a bipartisan group of colleagues, today sent a letter (text below) to House Speaker Nancy Pelosi and Minority Leader John Boehner expressing their desire to extend the credit’s deadline.
Castor Requests Housing Loan Modification Details
Washington, DC - October 22, 2009 - (RealEstateRama) -- As thousands of Floridians continue losing their homes to foreclosure, U.S. Rep. Kathy Castor is calling on the Treasury Department to provide detailed information about the number of trial loan modifications offered to at-risk homeowners. Castor joined with Chairwoman Maxine Waters demanding that Treasury Secretary Timothy Geithner provide the requested information about the Home Affordable Modification Program (HAMP) by next week. Waters, of Los Angeles, is chairwoman of the Subcommittee on Housing and Community Opportunity
Tax relief programs available for Kaua’i homeowners
LIHUE, HI - October 22, 2009 - (RealEstateRama) -- County officials are encouraging homeowners to take advantage of the county’s real property tax relief programs. “We want to remind everyone that there are a number of tax relief programs available to Kaua'i homeowners and urge them to apply for these programs,” said Director of Finance Wallace Rezentes, Jr
Reps. Courtney and Calvert Lead Bipartisan Effort To Extend First Time Homebuyer Tax Credit...
163 Bipartisan Members Sign Courtney-Calvert Letter Seeking Extension of Home Purchase Incentive. WASHINGTON, DC - October 21, 2009 - (RealEstateRama) -- Today, Representatives Joe Courtney (D-CT) and Ken Calvert (R-CA) delivered a bipartisan letter to Speaker Nancy Pelosi and Minority Leader John Boehner urging an extension of the First Time Home Buyer Tax Credit. Including the authors, 165 bipartisan Members of Congress have signed the Courtney-Calvert letter.
Congressman Hodes Urges Extension of First-Time Homebuyer Tax Credit
Washington, DC - October 21, 2009 - (RealEstateRama) -- Congressman Paul Hodes today wrote to House leadership in support of an extension of the first-time homebuyer tax credit.
Congressman Hodes Urges Extension of First-Time Homebuyer Tax Credit
Washington, DC - October 21, 2009 - (RealEstateRama) -- Congressman Paul Hodes today wrote to House leadership in support of an extension of the first-time homebuyer tax credit.
Governor Douglas and VHFA Applaud Treasury Action on Housing Finance Agency Assistance
Montpelier, Vt. - October 21, 2009 - (RealEstateRama) -- Gov. James Douglas and the Vermont Housing Finance Agency (VHFA) applauded the U.S. Treasury Department announcement yesterday to bolster state Housing Finance Agencies (HFAs) and their efforts to stimulate home buying for low and moderate-income homeowners, and provide affordable rental homes.
Governor Douglas and VHFA Applaud Treasury Action on Housing Finance Agency Assistance
Montpelier, Vt. - October 21, 2009 - (RealEstateRama) -- Gov. James Douglas and the Vermont Housing Finance Agency (VHFA) applauded the U.S. Treasury Department announcement yesterday to bolster state Housing Finance Agencies (HFAs) and their efforts to stimulate home buying for low and moderate-income homeowners, and provide affordable rental homes.
The Ohio Housing Finance Agency releases 2010 housing tax credit application guidelines
COLUMBUS, OH - October 21, 2009 - (RealEstateRama) -- Today, the Ohio Housing Finance Agency (OHFA) released the 2010 Qualified Allocation Plan (QAP) that guides the development of affordable housing throughout the state.
HMFA Breaks Ground on Barrier-Free Affordable Housing Community in Woodstown, Salem County
WOODSTOWN, N.J. - October 20, 2009 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia today joined local officials to break ground on Freedom Village, a 60-unit affordable housing development located on Woodstown-Alloway Road in Woodstown.
Rehberg Fights For Critical Extension of the Homebuyer Tax Credit
WASHINGTON, D.C. - October 21, 2009 - (RealEstateRama) -- Montana’s Congressman, Denny Rehberg, today sent a letter to House leaders urging them to extend the home buyer tax credit. He has also cosponsored the Homebuyer Tax Credit Act of 2009.
OFIR Announces Participation in Nationwide Mortgage Licensing System
LANSING, MI - October 21, 2009 - (RealEstateRama) -- The Office of Financial and Insurance Regulation today announced that, starting January 4, 2010, Michigan mortgage broker, lender, and servicer licensees and registrants will begin participation in the Nationwide Mortgage Licensing System (NMLS). The new electronic system was developed by the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR).
OFIR Announces Participation in Nationwide Mortgage Licensing System
LANSING, MI - October 21, 2009 - (RealEstateRama) -- The Office of Financial and Insurance Regulation today announced that, starting January 4, 2010, Michigan mortgage broker, lender, and servicer licensees and registrants will begin participation in the Nationwide Mortgage Licensing System (NMLS). The new electronic system was developed by the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR).
OFIR Announces Participation in Nationwide Mortgage Licensing System
LANSING, MI - October 21, 2009 - (RealEstateRama) -- The Office of Financial and Insurance Regulation today announced that, starting January 4, 2010, Michigan mortgage broker, lender, and servicer licensees and registrants will begin participation in the Nationwide Mortgage Licensing System (NMLS). The new electronic system was developed by the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR).
Pennsylvania Banking Department Modernizes Mortgage Examination Processes
Washington, DC - October 20, 2009 - (RealEstateRama) -- The American Association of Residential Mortgage Regulators (AARMR) and the Conference of State Bank Supervisors (CSBS) announce another milestone in the modernization of state mortgage supervision as the Pennsylvania Department of Banking notified all licensed mortgage lenders on October 15 that the agency will be using sophisticated computer software to analyze loan level data as part of Pennsylvania's examination program.
Delahunt Announces Foreclosure Assistance To South Shore
Funds to Help Homeowners at Risk of Losing Homes. WASHINGTON, DC - October 21, 2009 - (RealEstateRama) -- U.S. Rep. Bill Delahunt today announced the award of $115,823 in Department of Housing and Urban Development (HUD) grants to Quincy Community Action Programs (QCAP) and the Plymouth Redevelopment Authority.
Delahunt Announces Foreclosure Assistance To South Shore
Funds to Help Homeowners at Risk of Losing Homes. WASHINGTON, DC - October 21, 2009 - (RealEstateRama) -- U.S. Rep. Bill Delahunt today announced the award of $115,823 in Department of Housing and Urban Development (HUD) grants to Quincy Community Action Programs (QCAP) and the Plymouth Redevelopment Authority.
