News

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.

October 21, 2009 - (RealEstateRama) -- House Ways and Means Oversight Subcommittee Chairman John Lewis (D‑GA) today announced that the Subcommittee on Oversight will hold a hearing on administration of the first‑time homebuyer tax credit. The hearing will take place on Thursday, October 22, 2009, at 10:00 a.m., in the main Committee hearing room, 1100 Longworth House Office Building.

October 21, 2009 - (RealEstateRama) -- House Ways and Means Oversight Subcommittee Chairman John Lewis (D‑GA) today announced that the Subcommittee on Oversight will hold a hearing on administration of the first‑time homebuyer tax credit. The hearing will take place on Thursday, October 22, 2009, at 10:00 a.m., in the main Committee hearing room, 1100 Longworth House Office Building.

October 21, 2009 - (RealEstateRama) -- House Ways and Means Oversight Subcommittee Chairman John Lewis (D‑GA) today announced that the Subcommittee on Oversight will hold a hearing on administration of the first‑time homebuyer tax credit. The hearing will take place on Thursday, October 22, 2009, at 10:00 a.m., in the main Committee hearing room, 1100 Longworth House Office Building.

October 20, 2009 - (RealEstateRama) -- Today, Senator Chris Dodd invited Diane Randall, Executive Director of the Hartford-based Partnership for Strong Communities, to testify on housing challenges facing Connecticut residents at a Senate Banking Committee hearing on the State of the Nation’s Housing Market.

v

HELENA, MT - October 15, 2009 - (RealEstateRama) -- Montana's Congressman, Denny Rehberg, announced the Montana Board of Housing has been awarded $170,297 from the U.S. Department of Housing and Urban Development (HUD) for housing assistance in Montana.

HELENA, MT - October 15, 2009 - (RealEstateRama) -- Montana's Congressman, Denny Rehberg, announced the Montana Board of Housing has been awarded $170,297 from the U.S. Department of Housing and Urban Development (HUD) for housing assistance in Montana.

HELENA, MT - October 15, 2009 - (RealEstateRama) -- Montana's Congressman, Denny Rehberg, announced the Montana Board of Housing has been awarded $170,297 from the U.S. Department of Housing and Urban Development (HUD) for housing assistance in Montana.

Brooklyn, NY - October 20, 2009 - (RealEstateRama) -- A civil complaint was filed today in federal court in Central Islip against Ideal Mortgage Bankers, Ltd. d/b/a/ Lend America, a mortgage lender located in Melville, Long Island, seeking a court-ordered injunction to prevent the company from making loans insured by the Federal Housing Administration (“FHA”). The complaint also seeks relief against Lend America’s Executive Vice President and Chief Business Strategist, Michael Ashley. The case has been assigned to United States District Judge Joseph F. Bianco.

AUSTIN, TX - October 19, 2009 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) has announced that it has secured $449,960 in federal grant funds through the National Foreclosure Mitigation Counseling (NFMC) Program to help stem the tide of home foreclosures and bring stability to families, neighborhoods and local government finances.

October 20, 2009 - (RealEstateRama) -- Governor Arnold Schwarzenegger today issued the following statement after the Obama Administration’s announced move to provide support to housing finance agencies across the nation. This action will help restart the housing market for low to moderate income first-time homebuyers, including in California, which has been among the hardest hit by the real estate crisis.

AUGUSTA, ME - October 20, 2009 - (RealEstateRama) -- Governor John E. Baldacci today delivered opening remarks at the 2009 Maine Affordable Housing Conference at the Augusta Civic Center. The conference, hosted by MaineHousing, highlighted many innovations undertaken at the State level to address housing issues during these challenging economic times.

SPRINGFIELD, IL - October 20, 2009 - (RealEstateRama) -- Radon gas is the second-leading cause of lung cancer and the leading cause of the deadly disease for non-smokers. Yet many people in Illinois have no idea if their homes have high levels of this health hazard. That’s why the Illinois Emergency Management Agency (IEMA) is encouraging people throughout Illinois to test their homes for radon during Radon Action Week October 18-24.

October 19, 2009 - (RealEstateRama) -- Congressman Phil Hare (D-IL) today was joined by local citizens and realtors in Moline, Canton, and Macomb to call for an extension of the $8,000 first-time homebuyer tax credit. The credit is set to end on December 1, 2009.

TALLAHASSEE, LF - October 20, 2009 - (RealEstateRama) -- Florida CFO Alex Sink today highlighted two initiatives she started to bring real, tangible help to Florida homeowners facing foreclosure, and heard from community groups and homeowners who are on the frontlines of tackling the state’s housing crisis.

Washington, DC - October 20, 2009 - (RealEstateRama) -- Congresswoman Maxine Waters (CA-35), Chairwoman of the Financial Services Subcommittee on Housing and Community Opportunity, recognizing the impact foreclosures are having on the country, called on the attorneys general from the nation’s 50 states to bring suit against lenders in order to force more loan modifications.“We need aggressive action to force lenders to modify the predatory loans that they made. State attorneys general and civil rights groups are taking the lead in preventing foreclosures by filing lawsuits against the originators of these predatory loans, and I commend them for their action,” Chairwoman Waters said

Lower Township, NJ - October 19, 2009 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia today joined state and local officials to break ground on Conifer Village, a 90-unit affordable housing apartment building located at 3805 Bayshore Road in Lower Township. The HMFA is providing $6.5 million in mortgage and tax credit funding for the project.

TRENTON, NJ - October 15, 2009 - (RealEstateRama) — New Jersey Department of Community Affairs (DCA) Acting Commissioner Charles A. Richman today announced Egg Harbor City will receive $500,000 in federal funding from the American Recovery and Reinvestment Act (ARRA) of 2009. The funding will be used to construct a mixed-use affordable housing building as [...]

NEW YORK, NY - October 14, 2009 - (RealEstateRama) -- New York State families facing foreclosure, seeking affordable rental housing, or hoping to buy their first home will have a greater opportunity to find housing, or keep the homes they have, because of $5.6 million in housing counseling grants announced today by the U.S. Department of Housing and Urban Development.

October 19, 2009 - (RealEstateRama) -- The Indiana Supreme Court and its partners in the “Back Home In Indiana—Guiding Homeowners Through Foreclosure” program will announce how many judges, attorneys and mediators have been trained this summer on how to better handle foreclosure cases. Chief Justice Randall T. Shepard will also announce why the Court will launch a new plan to support settlement conferences.

October 19, 2009 - (RealEstateRama) -- The Indiana Supreme Court and its partners in the “Back Home In Indiana—Guiding Homeowners Through Foreclosure” program will announce how many judges, attorneys and mediators have been trained this summer on how to better handle foreclosure cases. Chief Justice Randall T. Shepard will also announce why the Court will launch a new plan to support settlement conferences.

October 19, 2009 - (RealEstateRama) -- The Indiana Supreme Court and its partners in the “Back Home In Indiana—Guiding Homeowners Through Foreclosure” program will announce how many judges, attorneys and mediators have been trained this summer on how to better handle foreclosure cases. Chief Justice Randall T. Shepard will also announce why the Court will launch a new plan to support settlement conferences.

Washington, DC - October 14, 2009 - (RealEstateRama) -- Families facing foreclosure, seeking affordable rental housing, or hoping to buy their first home will have a greater opportunity to find housing, or keep the homes they have, because of $215,899 in housing counseling grants awarded to two agencies in Rhode Island by the U.S. Department of Housing and Urban Development.

PORTLAND, OR - October 14, 2009 - (RealEstateRama) -- Oregon families facing foreclosure, seeking affordable rental housing, or hoping to buy their first home will have a greater opportunity to find housing, or keep the homes they have, because of $191,424 in housing counseling grants announced today by the U.S. Department of Housing and Urban Development

CASPER, WY - October 14, 2009 - (RealEstateRama) -- Wyoming families facing foreclosure, seeking affordable rental housing, or hoping to buy their first home will have a greater opportunity to find housing, or keep the homes they have, because of more ...

GREENSBORO, NC - October 14, 2009 - (RealEstateRama) -- North Carolina families facing foreclosure, seeking affordable rental housing, or hoping to buy their first home will have a greater opportunity to find housing, or keep the homes they have, because of $1,781,863 million in housing counseling grants announced today by the U.S. Department of Housing and Urban Development

COLUMBUS, OH - October 19, 2009 - (RealEstateRama) -- Ohio's residents who have earned a college degree now have a new option for getting the financial assistance they need to purchase a home.

TRENTON, NJ - October 14, 2009 - (RealEstateRama) -- Department of Community Affairs (DCA) Acting Commissioner Charles A. Richman today announced the New Jersey Special Needs Housing Trust Fund won a 2009 Award for Program Excellence from the National Council of State Housing Agencies.

WASHINGTON, DC - October 19, 2009 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) has committed to insure a $28,310,000 loan to Baraga County Memorial Hospital (BCMH) in L’Anse U.S. Congressman Bart Stupak announced Friday. The loan is being provided through the Federal Housing Administration’s Section 242 Hospital Mortgage Insurance Program and will be used to construct a new facility approximately 3 miles from the existing site.