Blog Page 1121

Kandu Capital, LLC Acquires New Assisted Living Community in Ohio Out of Sunwest...

Birmingham, MI - January 18, 2010 - (RealEstateRama) -- Kandu Capital, LLC, along with its operating company, Bloomfield Senior Living, announced the acquisition of a new senior living community in Ohio on January 15, 2010. This is Kandu’s second transaction this month as it continues to expand its portfolio of independent and assisted living, memory care, skilled nursing and mental health facilities throughout the United States.

US Department of Labor announces grant exceeding $1.6 million to assist workers in Florida...

WASHINGTON, DC - January 18, 2010 - (RealEstateRama) -- The U.S. Department of Labor today announced a $1,661,173 grant to assist about 600 workers affected by layoffs at the Taylor, Bean and Whitaker Mortgage Corp. and its subsidiary companies in north/central Florida.

Secretary Shinseki Announces $53 Million for Cape Coral, Fla., Facility

WASHINGTON, DC - January 18, 2010 - (RealEstateRama) -- Secretary of Veterans Affairs Eric K. Shinseki announced the award of a $53 million contract to a Florida firm to construct a new clinic in Cape Coral. The new building will replace a Fort Myers facility and expand diagnostic and treatment capacity for southwest Florida’s Veterans

HUD announces nearly $47 million in Recovery monies to New Jersey to stabilize neighborhoods

NEWARK, NJ - January 14, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced that HUD is awarding $46,826,965 in Recovery Act funding to the Camden Redevelopment Agency, the City of Newark and the Camden Housing Authority under HUD's Neighborhood Stabilization Program (NSP).

HUD Awards Grants to Housing Authority in Wyoming to Help Public Housing Residents Obtain...

CASPER, WY - January 12, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $32,398 to the Cheyenne Housing Authority to help public housing residents find jobs that lead them toward economic independence.

Seven Indicted in Mortgage Fraud Scheme

CINCINNATI, OH - January 14, 2010 - (RealEstateRama) -- A federal grand jury here has indicted six members of a family and one of their employees charging them with operating a mortgage fraud conspiracy between 2004 and 2009.

MHC Awards $100,000 to Green Building Contest Winners

Jackson, MS - January 15, 2010 - (RealEstateRama) -- The Mississippi Home Corporation (MHC) today announced the three winners of its Growing a Greener Mississippi building competition. Gulf Coast Builders, LLC won the $50,000 and First Place for their affordable green home in Gulfport, MS. Habitat for Humanity Bay Waveland’s entry in Bay St. Louis received Second Place and $30,000 and Village Green Builders, Inc.’s entry in Oxford received Third Place and $20,000. The awards were announced at a luncheon during MHC’s 20th Annual Affordable Housing Conference at the Jackson Convention Complex

MHC Awards $100,000 to Green Building Contest Winners

Jackson, MS - January 15, 2010 - (RealEstateRama) -- The Mississippi Home Corporation (MHC) today announced the three winners of its Growing a Greener Mississippi building competition. Gulf Coast Builders, LLC won the $50,000 and First Place for their affordable green home in Gulfport, MS. Habitat for Humanity Bay Waveland’s entry in Bay St. Louis received Second Place and $30,000 and Village Green Builders, Inc.’s entry in Oxford received Third Place and $20,000. The awards were announced at a luncheon during MHC’s 20th Annual Affordable Housing Conference at the Jackson Convention Complex

Mayor Menino Announces an Additional $13M in Federal Foreclosure Funding

January 15, 2010 - (RealEstateRama) -- Mayor Thomas M. Menino today announced that the City’s Department of Neighborhood Development (DND) has been awarded $13.6 million in the second round of Neighborhood Stabilization Program (NSP) funding to assist the City’s ongoing foreclosure prevention and reclamation efforts. Specifically, the competitively awarded funding will allow the City to support responsible redevelopment of up to 275 foreclosed homes in those neighborhoods most burdened by Boston’s bank-owned properties, namely Dorchester, East Boston, Roxbury, Hyde Park, and Mattapan.

Manhattan U.S. Attorney Charges President of Home Free Realty Inc. with Stealing $1.5 Million...

New York, NY - January 14, 2010 - (RealEstateRama) -- PREET BHARARA, the United States Attorney for the Southern District of New York, JOSEPH M. DEMAREST, JR., the Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation ("FBI"),

Durham’s Rolling Hills/Southside Plans Continue Without Recovery Act Funding

DURHAM, N.C. - January 15, 2010 - (RealEstateRama) -- On Thursday, January 14, 2010, the U.S. Department of Housing and Urban Development awarded nearly $2 billion in funding under the Neighborhood Stabilization Program (NSP2) to states, local governments and non-profit housing developers.

City and Greensboro Housing Coalition to Hold Housing Summit 2010 -February 23, 20010

GREENSBORO, NC - January 15, 2010 - (RealEstateRama) -- Residents are invited to share their hopes for Greensboro’s housing future at Housing Summit 2010, held Tuesday, February 23, from 8:30 am to 1:30 pm at the Greensboro Coliseum Special Events Center, 1921 W. Lee St.

Deal or No Deals Real Estate Workshop (CT REIA Members Only event) | 01.27.10...

January 15, 2010 - (RealEstateRama) -- Deal or No Deal$ Workshop (Free, Members Only event) Wednesday, January 27th. 6:30 - 9:00pm Comfort Inn. 900 East Main St. Meriden, CT

California Receives More Than $318 Million Recovery Dollars to Rejuvenate Neighborhoods Hit Hardest by...

January 15, 2010 - (RealEstateRama) -- Governor Arnold Schwarzenegger today announced that $318 million in American Recovery and Reinvestment Act (Recovery Act) funding has been awarded to entities in California by the Housing and Urban Development Department (HUD). These awards are funded through the federal Neighborhood Stabilization Program (NSP2) to help renovate and rehabilitate foreclosed homes, eliminate blight and reinvigorate and stabilize the affected neighborhoods hit hardest by foreclosures.

Mayor Bloomberg Announces New York City to Receive More Than $20 Million in Stimulus...

New York, NY - January 14, 2010 - (RealEstateRama) -- Mayor Michael R. Bloomberg announced today that the U.S. Department of Housing and Urban Development (HUD) has awarded more than $20 million in Recovery Act funding to the New York City Department of Housing Preservation and Development under HUD's Neighborhood Stabilization Program 2.

Columbus Will Receive More than $23 Million in Funds to Help Rebuild Neighborhoods Devastated...

COLUMBUS, OH - January 14, 2010 - (RealEstateRama) -- U.S. Secretary of Housing and Urban Development Shaun Donovan and U.S. Sen. Sherrod Brown (D-OH) visited Columbus today to announce new Recovery Act funds to help rebuild communities devastated by the housing and economic crisis.

Schumer Announces Over $5 Million In Hud Money For Community Housing Coalition To Rehabilitate...

Washington, DC - January 14, 2010 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer announced that Community Builders in Albany has been awarded $5,521,006 through the Department of Housing and Urban Development’s Neighborhood Stabilization Program.

$20,995,000 in Recovery Act Grants to Stabilize Neighborhoods, Rebuild Economies in Nevada

WASHINGTON, DC - January 14, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced that HUD is awarding $20,995,000 in Recovery Act funding to the Housing Authority of the City of Reno in consortium with the City of Reno Credit Counseling Services and Nevada Rural Housing Authority with for-profit partners Reno Reality, Inc. and Charles Schwab Bank under HUD's Neighborhood Stabilization Program (NSP).

$204,872 in Grants to Housing Authorities in Nevada to Help Public Housing Residents Obtain...

WASHINGTON, DC - January 13, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $204,872 to housing authorities in Reno, Las Vegas and Clark County to help public housing residents find jobs that lead them toward economic independence.

HUD awards almost $400,000 in New Jersey to help public housing residents obtain jobs,...

NEWARK, NJ - January 12, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $389,711 to seven public housing authorities in New Jersey to help public housing residents find jobs that lead them toward economic independence. (Please see New Jersey grantees below.)

HUD Awards $325,000 in Grants to Housing Authorities in New Mexico to Help Public...

ALBUQUERQUE, NM - January 12, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded a total of $325,403 to six New Mexico housing authorities to help public housing residents find jobs that lead them toward economic independence.

HUD awards almost $500,000 to help public housing residents obtain jobs, economic independence

NEW YORK, NY - January 12, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $467,177 to nine public housing authorities to help public housing residents find jobs that lead them toward economic independence. (Please see a listing of New York grantees below.)

HUD awards $170,000 to Muskogee, Shawnee and Tulsa housing authorities to help public housing...

OKLAHOMA CITY, OK - January 12, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded a total of $176,017 to three Oklahoma housing authorities to help public housing residents find jobs that lead them toward economic independence. A list of the grantees and amounts follow.

HUD Awards Grant to Housing Authority in Salt Lake County

WASHINGTON, DC - January 12, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $57,915 to the Housing Authority of the County of Salt Lake to help public housing residents find jobs that lead them toward economic independence.

Big Wall Street Bonuses Highlight Need for Financial Reform

Washington, D.C. - January 13, 2010 - (RealEstateRama) -- Congresswoman Dina Titus released the following statement today on news reports that Wall Street banks are expected to again give out large bonuses this year.

Former Jersey City Housing Department Employee Indicted for Allegedly Accepting $50,000 in Corrupt Payments

NEWARK, NJ - January 12, 2010 - (RealEstateRama) -- A former Jersey City Housing Department employee was indicted today on charges in connection with his acceptance of $50,000 in corrupt cash payments in exchange for his official influence and assistance on real estate development matters in Jersey City, U.S. Attorney Paul J. Fishman announced.

Sanders Announces State’s Largest Solar Water Project

BURLINGTON, VT - January 13, 2010 - (RealEstateRama) -- Sen. Bernie Sanders (I-Vt.) went to the Salmon Run Apartments today to announce a project to install solar water heaters here and at three other Vermont affordable housing developments.

HUD Awards $447,000 in Grants to Housing Authorities in Texas to Help Public Housing...

FORT WORTH, TX - January 12, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded a total of $477,106 to eight Texas housing authorities to help public housing residents find jobs that lead them toward economic independence. A list of the grantees and amounts follows.

Funds Available for Existing Emergency Housing Shelters

Pierre, SD - January 12, 2010 - (RealEstateRama) -- South Dakota Housing Development Authority (SDHDA) is now accepting applications for the Emergency Shelter Grants Program.

New Fed Report on Affordability and Availability of Rental Housing in Pennsylvania

Glenside, PA - January 12, 2010 - (RealEstateRama) -- This past December, the Federal Reserve Bank of Philadelphia published a new study on rental housing in Pennsylvania.

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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