Blog Page 1120

Columbus Accountant and Realtor Plead Guilty to Mortgage Fraud and Obstruction of Justice Conspiracies

WASHINGTON, DC - January 21, 2010 - (RealEstateRama) -- Dennis G. Sartain of Hilliard, Ohio; and Bonnie Helt, of Columbus, Ohio, pleaded guilty today to conspiring to commit mortgage fraud, money laundering and obstruction of justice, the Justice Department and Internal Revenue Service (IRS)

Attorney General McGraw Executes Assurance of Discontinuance with American Neighborhood Housing Foundation

Charleston, WV - January 19, 2010 - (RealEstateRama) -- Attorney General Darrell McGraw today executed an Assurance of Discontinuance with American Neighborhood Housing Foundation, a Virginia company taking advance fees from West Virginia consumers to obtain loan modifications for consumers’ mortgages.

Congressman Al Green champions equal opportunity during a hearing on his Housing Fairness Bill

Washington, D.C. - January 20, 2010 - (RealEstateRama) -- Today, the Committee on Financial Services, Subcommittee on Housing and Community Opportunity, held a hearing on the Housing Fairness Act of 2009 (H.R. 476), which Congressman Al Green (TX-09) introduced in the House of Representatives in January of 2009.

Enterprise, Chase, United Fund Advisors invest $22.3 Million NMTC in Harrison Circle Building at...

COLUMBIA, Md. - January 19, 2010 - (RealEstateRama) -- Enterprise Community Investment, Inc. (Enterprise), a national leader in affordable housing and community development, and National Community Fund I, LLC, an affiliate of United Fund Advisors, LLC, recently closed on a $22.3 million New Markets Tax Credit (NMTC) transaction.

OHFA Board approves more than $53M for property restoration and neighborhood regeneration

COLUMBUS, OH - January 20, 2010 - (RealEstateRama) -- Today the Ohio Housing Finance Agency (OHFA) Board approved over $49 million of Tax Credit Exchange (TCE) and Tax Credit Assistance Program (TCAP) dollars created in the American Recovery and Reinvestment Act (ARRA) together with more than $4 million from OHFA’s Housing Development Assistance Program (HDAP).

SL Green Realty Corp. Takes Ownership of 100 Church Street

New York City - January 21, 2010 - (RealEstateRama) -- SL Green Realty Corp. (NYSE: SLG) announced today that it is the sole owner of 100 Church Street, NY, NY, a 1.05 million-square-foot office tower located in downtown Manhattan, following the successful foreclosure of the senior mezzanine loan at the property

Holiday Inn Express in Charlotte, North Carolina Metro Area to Open with Brand’s New...

ATLANTA, GA - January 19, 2010 - (RealEstateRama) -- IHG (InterContinental Hotels Group) [LON: IHG, NYSE: IHG (ADRs)], the world's largest hotel group by number of rooms, announced the recent opening of the Holiday Inn Express and Suites Matthews.

About half of all home fires are caused by heating equipment

OSFM offers safety tips, highlights dangers with furnaces, fireplaces and space heaters. SPRINGFIELD, IL - January 20, 2010 - (RealEstateRama) -- Heating equipment is a leading cause of home fires and nearly half of all home fires occur during the winter months, according to the Office of the Illinois State Fire Marshal (OSFM)

Governor Culver to Sign Property Tax Relief Legislation This Morning

DES MOINES, IA - January 20, 2010 - (RealEstateRama) -- Governor Chet Culver today will sign three bills designed to protect Iowa taxpayers and maximize state aid for schools

IBM Helps Community Preservation Corporation Tackle Housing Demands

NEW YORK, NY - January 13, 2010 - (RealEstateRama) -- The Community Preservation Corporation (CPC), a New York-based nonprofit that helps finance and develop multi-family housing in the metropolitan area, today announced it is working with IBM (NYSE: IBM) to manage its technology infrastructure and loan processing applications, helping CPC increase processing speed and efficiency, minimize human latency and improve quality and reliability.

Subcommittee on Housing and Community Opportunity To Hold Twin Cities Hearing

Washington, D.C. - January 20, 2010 - (RealEstateRama) -- Congressman Keith Ellison (D-MN) will join Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Subcommittee on Housing and Community Opportunity at a Subcommittee field hearing entitled, “The Impact of the Foreclosure Crisis on Public and Affordable Housing in the Twin Cities.” The hearing will examine the foreclosure crisis and its negative impact on the affordable rental housing market

Congressman Rubén Hinojosa Announces Grant Award of Nearly $3 Million for McAllen’s Affordable Homes...

Washington, D.C. - January 19, 2010 - (RealEstateRama) -- U.S. Rep. Rubén Hinojosa (TX-15) announced the U.S. Department of Housing and Urban Development selected the McAllen based non-profit to receive the grant funds.

STV and Turner Awarded $656 Million Contract by New York City Department of Design...

New York, N.Y. - January 20, 2010 - (RealEstateRama) -- STV and Turner Construction Company, in a joint venture, have been awarded a $656 million contract to provide construction management services for the new police academy for the New York City Police Department (NYPD) in College Point, Queens, N.Y.

Arlington Reports Drop in Commercial Real Estate Assessments, Modest Residential Decline

ARLINGTON, Va. - January 20, 2010 - (RealEstateRama) -- Arlington’s 2010 real estate assessments declined 7.2%, the first year-over-year assessment decline since 1995.

Public Advocate de Blasio Calls for Changes to City Homeless Policies

NEW YORK, NY - January 19, 2010 - (RealEstateRama) -- Public Advocate Bill de Blasio today held a press conference with advocates calling for changes to the City’s approach to homelessness.

Rehabbing the Gold Rush of Foreclosures with Robyn Thompson “Rehab Queen” | 02.06.10 –...

West Hartford, CT - January 20, 2010 - (RealEstateRama). CT REIA and Robyn Thompson presents: Rehabbing the Gold Rush of Foreclosures with Robyn Thompson "Rehab Queen" (All Day Real Estate Rehab Seminar)

Lautenberg And Menendez Announce More Than $49 Million In Federal Recovery Act Funding For...

NEWARK, NJ - January 19, 2010 - (RealEstateRama) -- Sens. Frank R. Lautenberg and Robert Menendez today announced the U.S. Department of the Treasury has awarded the New Jersey Housing and Mortgage Finance Agency (HMFA) more than $49 million from the American Recovery and Reinvestment Act (ARRA) to finance the expansion and improvement of affordable housing in New Jersey.

Treasurer Zweifel Announces Record Payout; $1.6 Million Returned to Individual in St. Louis Region

JEFFERSON CITY, MO - January 20, 2010 - (RealEstateRama) -- State Treasurer Clint Zweifel announced today his office had returned $1.6 million in Unclaimed Property to a person in the St. Louis region. The payout is the largest single account returned to an individual in Missouri history. As always, when done directly with Treasurer Zweifel's office, the Unclaimed Property return was made free of charge

Kansas City Housing Closes Down Year in 2009

January 20, 2010 - (RealEstateRama) -- Housing units in the Greater Kansas City area dropped more than one quarter last year, according to statistics compiled by the Home Builders Association of Greater Kansas City (HBA). The metro region finished 2009 with 3,651 total housing units permitted, down from 5,062 total units the year before

Department of Banking and Finance’s Order to Cease and Desist to Roosevelt Mortgage Acquisition...

Atlanta, GA - January 20, 2010 - (RealEstateRama) -- On January 19, 2010, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Roosevelt Mortgage Acquisition Company, located at 1540 Broadway, Suite 1606, New York, New York 10036, became final.This Order to Cease and Desist was issued by the Department after it obtained evidence that Roosevelt Mortgage Acquisition Company engaged in residential mortgage lending activities without a license or under an applicable exemption.

Georgetown Savings Bank Now Offering MassHousing’s A Home for the Brave Mortgage Loan Program...

Georgetown-based lender will commit $1.5 million for loan program for veterans. BOSTON, MA - January 19, 2010 - (RealEstateRama) -- MassHousing announced today that Georgetown Savings Bank is now an approved lender of MassHousing’s A Home for the Brave loan program for Massachusetts veterans.

New Investor Workshop: Find It, Fix It, Flip It or Keep It | 02.04.10...

West Hartford, CT - January 19, 2010 - (RealEstateRama). New Investor Workshop: Find It, Fix It, Flip It or Keep It. February 4th, 11th, and 18th - 6:00 to 9:00pm Comfort Inn. 900 East Main St. Meriden, CT

Applications Now Accepted for Appliance Rebate Program

Topeka, KS - January 19, 2010 - (RealEstateRama) -- Income-eligible Kansans looking to purchase new, energy efficient appliances may now apply for assistance through the State Energy Efficient Appliance Replacement Program (SEEARP). The program, created by the American Recovery and Reinvestment Act (ARRA), provides rebate vouchers ranging from $200 to $800 to low-income consumers who purchase ENERGY STAR rated appliances.

Whitmer Donates to Grand Rapids Foreclosure Program to Highlight Need for Reforms

LANSING, MI - January 18, 2010 - (RealEstateRama) -- Today, State Senator Gretchen Whitmer (D-East Lansing), originally of Cascade, announced that her entire December legislative expense account was donated to a Grand Rapids foreclosure assistance program to highlight the need for government reform and more transparency in state spending.

I-JOBS Drives Affordable Housing in Davenport and West Union

More than $200,000 in I-JOBS grants made to preserve and build affordable housing. DES MOINES, IA - January 18, 2010 - (RealEstateRama) -- Governor Chet Culver announced this week that two organizations will use I-JOBS funds to build and preserve 62 affordable housing projects in Davenport and West Union. The awards total more than $200,000 and are made through the Affordable Housing Assistance Grant Fund, a part of the Culver/Judge Administration’s I-JOBS initiative. The Iowa Finance Authority administers the program

$93,536 to Iowa from HUD

WASHINGTON, Dc - January 18, 2010 - (RealEstateRama) -- Senator Chuck Grassley today said that the U.S. Department of Housing and Urban Development has awarded a $93,536 grant through a competitive process to the Iowa Civil Rights Commission in Des Moines through the Education and Outreach Initiative in U.S. Department of Housing and Urban Development’s Fair Housing Initiatives program.

Congresswoman Richardson Announces $22 Million in HUD Neighborhood Stabalization Funds for Long Beach and...

WASHINGTON, DC - January 18, 2010 - (RealEstateRama) -- Congresswoman Laura Richardson is pleased to announce that the U.S. Housing and Urban Development Department (HUD) has awarded $22 million to the City of Long Beach and additional millions to the 37th District counseling partner Los Angeles Neighborhood Housing Services, Inc. The funds are a result of the American Recovery and Reinvestment Act of 2009 (Recovery Act) and are distributed as part of HUD’s Neighborhood Stabilization Program, which requires the funds be used to improve the quality of and access to housing for low- and moderate-income families.

Congressman Al Green applauds the Administration’s decision to grant Temporary Protection Status to the...

Washington (DC) - January 18, 2010 - (RealEstateRama) --January 15, 2010- Today Congressman Al Green (TX-09) applauded the Obama Administration after the Department of Homeland Security (DHS) announced its decision to grant Temporary Protected Status (TPS) for Haitian nationals who were in the United States as of January 12, 2010. This will allow eligible Haitian nationals to continue living and working in the United States for the next 18 months

Connecticut Real Estate Investors Association (CT REIA) Announces Monthly Investor Meeting With Robyn Thompson

West Hartford, CT - January 18, 2010 - (RealEstateRama) -- The Connecticut Real Estate Investors Association, or CT REIA, in association with Robyn Thompson is announcing the January 2010 monthly meeting with Robyn Thompson. This event will take place on Monday, January 25th from 5:30pm to 9:00pm, at the Crowne Plaza Hotel in Cromwell, CT. This event is free for CT REIA members and $30 for non-members

CT Real Estate Rehab Meeting with Liping Wang | 01.30.10 – West Haven, CT

January 18, 2010 - (RealEstateRama) -- Real Estate Rehab Subgroup Meeting January 30th, 10:00 to 11:30am 639 Third Ave. West Haven

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Mayor London Breed Celebrates Groundbreaking of New Affordable Housing in the...

Mayor London N. Breed today joined community leaders to celebrate the groundbreaking of future affordable housing at 1950 Mission Street. Once completed, the project will offer 155 affordable apartments for families