News

Washington, DC - September 21, 2009 - (RealEstateRama) -- Congressman Silvestre Reyes (D-TX) today announced that the U.S. Department of Housing and Urban Development (HUD) will award a $8,248,000 competitive federal grant to the Housing Authority of the City of El Paso (HACEP).

Washington, D.C. - September 22, 2009 - (RealEstateRama) -- Congresswoman Dina Titus of Nevada’s Third District voted today to extend unemployment benefits for Nevadans who are still finding it difficult to find work during the economic recession.

Washington, D.C. - September 22, 2009 - (RealEstateRama) -- Congresswoman Dina Titus of Nevada’s Third District voted today to extend unemployment benefits for Nevadans who are still finding it difficult to find work during the economic recession.

NEW YORK, NY - September 23, 2009 - (RealEstateRama) -- New York City Housing Development Corporation (HDC) President Marc Jahr, New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero and Alan Bell from Dumont Green LLC, celebrated the groundbreaking for a new eight-story 176 unit affordable apartment building at 1490 Dumont Avenue.

ATLANTIC CITY, NJ - September 22, 2009 - (RealEstateRama) -- Governor Jon S. Corzine today announced that since 2006, the State has created, preserved, or rehabilitated 30,284 affordable housing units for New Jersey's working families.

FRANKFORT, KY - September 24, 2009 - (RealEstateRama) -- Kentucky Gov. Steve Beshear, along with Kentucky Housing Corporation (KHC) Chief Executive Officer Richard L. McQuady, today announced the recipients of Kentucky’s Housing and Emergency Assistance Reaching The Homeless (KY HEARTH) Program grant funds. This initiative is part of the national American Recovery and Reinvestment Act (ARRA) of 2009 and the federal Homeless Prevention and Rapid Re-Housing Program. Lexington, Louisville and Covington received direct allocations. KHC administers the balance of the state’s portion.KY HEARTH helps prevent individuals and families from becoming homeless and helps those who are experiencing homelessness to be quickly re-housed and stabilized. Through the ARRA, 47 projects proposed by nonprofit agencies and local governments across the state are receiving a total of $11,607,352 from the U.S. Department of Housing and Urban Development.

Washington D.C. - September 24, 2009 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development announced that all Recovery Act funding for Community Development Block Grants (CDBG) have been released and are now in the hands of the state and local communities. The Recovery Act included $1 billion for CDBG of which $2.9 million was allocated for Macomb and Oakland Counties and communities.“More CDBG funding, through the Recovery Act, comes at an important time for our communities who are grappling with difficult budgets and the ongoing economic downturn,” said Rep. Levin. “Communities can decide what programs best meet the needs of their communities and residents, and get the money out to stimulate the local economy.”

WASHINGTON, DC - September 24, 2009 - (RealEstateRama) -- U.S. Senators Debbie Stabenow (D-MI) and Carl Levin (D-MI) announced today that Michigan has been awarded $5,535,975 in American Recovery and Reinvestment Act (ARRA) funding through the Department of Housing and Urban Development (HUD). The funding is from the Public Housing Capital Funds and will be used to upgrade public housing by increasing energy efficiency and create jobs

WASHINGTON, DC - September 24, 2009 - (RealEstateRama) -- U.S. Senator Pat Roberts (R-KS) today announced a $250,000 grant to SAFEHOME in Overland Park for housing needs. The Transitional Housing Grant will be used for victims of domestic violence, dating violence, stalking, or sexual assault to provide transitional housing services that move individuals into permanent housing.

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.

Stark hails funds for Alameda Point Collaborative to create job opportunities for formerly homeless. WASHINGTON, DC - September 23, 2009 - (RealEstateRama) -- Rep. Pete Stark (D-CA) today announced that the Alameda Point Collaborative (APC) has been awarded a $625,000 Community Economic Development grant from the Office of Community Services in the Department of Health and Human Services. APC is a community that provides housing and services to help formerly homeless families and individuals flourish.

New York, NY - September 23, 2009 - (RealEstateRama) -- On Wednesday the Federal Open Market Committee announced that the Federal Reserve will purchase a total of $1.25 trillion of agency mortgage-backed securities and up to $200 billion of agency debt.

Washington, DC - September 18, 2009 - (RealEstateRama) -- Senator Reid joined Senators John Ensign and Ben Cardin in cosponsoring a new bill that will extend the existing homebuyer tax credit of $8,000 for six more months.

Washington, DC - September 18, 2009 - (RealEstateRama) -- Senator Reid joined Senators John Ensign and Ben Cardin in cosponsoring a new bill that will extend the existing homebuyer tax credit of $8,000 for six more months.

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

September 23, 2009 - (RealEstateRama) -- U.S. Senator Olympia J. Snowe and U.S. Senator Susan Collins today announced that the U.S. Department of Housing and Urban Development has awarded $876,120 in homelessness prevention grant funding to the City of Portland. The funding will be used to help re-house families who have fallen into homelessness in Maine.The funding is being distributed through the American Recovery and Reinvestment Act of 2009. Senators Snowe and Collins worked with a bipartisan group of senators to craft the legislation that became law in February

Washington, DC - September 23, 2009 - (RealEstateRama) -- Senator Evan Bayh today announced that Indiana will receive more than $9 million in grants from the U.S. Department of Housing and Urban Development (HUD) to expand affordable housing and improve local communities. The funds were awarded through the American Recovery and Reinvestment Act as part of the Community Development Block Grant (CDBG) program.

September 23, 2009 - (RealEstateRama) -- Congressman Phil Hare (D-IL) today announced that the U.S. Department of Housing and Urban Development has awarded the city of Rock Island $306,026 from the American Recovery and Reinvestment Act though the Community Development Block Grant (CDBG) program.

September 23, 2009 - (RealEstateRama) -- Congressman Phil Hare (D-IL) today announced that the U.S. Department of Housing and Urban Development has awarded Decatur $623,309 and Springfield $516,191 from the American Recovery and Reinvestment Act through the new Homeless Prevention and Rapid Re-housing Program (HPRP).These grants offer communities a resource to provide short- and medium-term rental assistance and services to prevent individuals and families from becoming homeless or to quickly re-house those who are experiencing homelessness.

September 22, 2009 - (RealEstateRama) — Governor Arnold Schwarzenegger today announced that the California Department of Housing and Community Development (HCD) awarded $42.7 million in American Recovery and Reinvestment Act (Recovery Act) funding from the federal Homeless Prevention and Rapid Re-Housing Program (HPRP) to 31 agencies and local governments in California. The funding is federally [...]

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)