MARKEY ANNOUNCES OVER $99M FOR PEETZ WIND FARM
Washington, DC - November 23, 2009 - (RealEstateRama) -- Congresswoman Betsy Markey today announced that nearly $100 million has been awarded to NextEra Energy Resources to expand the Northern Colorado Wind Energy farm in Peetz, Colorado. Funded through the American Recovery and Reinvestment Act in lieu of a production tax credit, the award will allow quicker job creation in the near term and investment in infrastructure that will provide long-term economic benefits.
Pent-Up Demand and Tax Credit Drive October Home Sales Rally Sales Up 24.2% Statewide...
SPRINGFIELD, IL - November 23, 2009 - (RealEstateRama) -- Illinois home sales took a double-digit jump in October as buyers took advantage of unprecedented buyer-market conditions with record low mortgage interest rates, affordable home prices and the federal first-time homebuyer tax credit. According to the Illinois Association of REALTORS® latest report, statewide total home sales (which include single-family and condominiums) in October 2009 reached 10,986 homes sold, up 24.2 percent from October 2008 sales of 8,846. The Illinois median price in October 2009 was $157,000 down 7.6 percent from $170,000 in October 2008. The median is a typical market price where half the homes sold for more, half sold for less
Naturally gifted: Ferndale Preserve opens to the public
FERNDALE, FL - November 23, 2009 - (RealEstateRama) -- The Lake County Parks & Trails Division announced this month that it is opening to the public the 192-acre Ferndale Preserve, which is located off County Road 455 in South Lake County, after several years of making improvements to the purchased property.
Loudoun Real Estate Property Tax Deadline is December 7
Leesburg, VA - November 20, 2009 - (RealEstateRama) -- Loudoun County Treasurer, H. Roger Zurn, Jr., reminds taxpayers that the deadline for payment of the second half real property tax is Monday, December 7, 2009.
Woodbridge Man Sentenced 57 Months for Mortgage Fraud
ALEXANDRIA, VA - November 20, 2009 - (RealEstateRama) -- Godwin Asifo, 55, of Woodbridge, Va., was sentenced today to 57 months in prison, followed by three years of supervised release, for running a mortgage fraud scheme that resulted in the foreclosure of at least three homes in northern Virginia.
Rep. Patrick Murphy Announces Expansion of First-Time Homebuyer Credit
Morrisville, PA - November 20, 2009 - (RealEstateRama) -- Today, Pennsylvania Congressman Patrick Murphy (D-8th District) joined local realtors and homebuyers to announce the expansion of the first-time homebuyer tax credit to help more hardworking families in Bucks County and across the country achieve the American dream by owning their own home.
HPD Announces Development Teams To Build 770 Units Of New Mixed-Use Affordable Housing At...
New York, NY - November 19, 2009 - (RealEstateRama) -- New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero announced today the selection of the developers who will construct mixed-use affordable housing on the last large city-owned tracts of land in the Melrose Commons North Urban Renewal Area (URA),
Disaster tax relief available to qualified real property owners
LĪHU‘E - November 20, 2009 - (RealEstateRama) -- Property owners who sustained damages to their real property as a result of the recent flood disaster may be eligible for disaster tax relief. Claims can be made on damages that resulted directly from flood waters overflowing the banks or walls of a nearby river or stream
HOUSE HOMELAND SECURITY COMMITTEE PASSES CONGRESSMAN AL GREEN’S AMENDMENT TO EXPAND THE ‘SECURING THE...
Washington, DC - November 20, 2009 - (RealEstateRama) -- In a unanimous vote, the House Committee on Homeland Security passed this week H.R. 2611, a measure which would authorize the Department of Homeland Security's 'Securing the Cities' (STC) initiative. The bill includes an amendment offered by Congressman Al Green (TX-09) that would expand the scope of the STC program to include at least two additional cities in the program.
$1.4M Grant to Provide Free Foreclosure Mitigation Counseling to Struggling Homeowners
CHICAGO, IL - November 20, 2009 - (RealEstateRama) -- Today, the Illinois Housing Development Authority (IHDA) Board of Directors approved allocating a $1.4 million federal grant to fund free foreclosure counseling help for homeowners throughout Illinois
New DHCR Program Targets $5 Million to Replace Dilapidated Mobile and Manufactured Homes with...
Albany, NY - November 19, 2009 - (RealEstateRama) -- DHCR is responding to an important need in rural communities with a new initiative to provide safer, more affordable homes for low-income individuals and families by replacing severely substandard and dilapidated mobile and manufactured homes with new ENERGY STAR Qualified manufactured housing.
Former Real Estate Investment Company Owner Pleads Guilty to Laundering Proceeds of Mortgage Fraud
ALBANY, NY - November 19, 2009 - (RealEstateRama) -- Andrew T. Baxter, United States Attorney, Patricia J. Haynes, Special Agent in Charge, Internal Revenue Service, Criminal Investigation Division (New York Field Office), John F. Pikus, Special Agent in Charge, Albany Division of the Federal Bureau of Investigation, and Robert Bethel, Inspector in Charge, United States Postal Inspection Service, announce that KEVIN M. O’CONNELL, age 35, of Albany,
Housing Crisis Deepens: Legislative Action Needed Immediately
COLUMBUS, OH - November 19, 2009 - (RealEstateRama) -- Record breaking foreclosure filings and delinquency rates in Ohio were reported today by the Mortgage Bankers Association, confirming assertions by foreclosure reform advocates that the housing crisis is deepening, and prompting calls for the Ohio Senate to begin hearings on reform legislation.
Metro Commercial Inks 6,200 SF Lease in Center City Philadelphia
Govberg Jewelers joins exclusive Walnut Street retail row. Philadelphia, PA - November 19, 2009 - (RealEstateRama) -- Metro Commercial, one of the region’s largest full-service retail real estate firms, announced today that it has negotiated a lease for Govberg Jewelers to locate its flagship store at 1521 Walnut Street in the heart of Philadelphia’s “Rittenhouse Row”
Cleveland Area Board of Realtors (CABOR) Speakers Bureau Addresses ‘The Real State of Real...
Cleveland, OH - November 19, 2009 - (RealEstateRama) -- The Cleveland Area Board of Realtors (CABOR) has launched a speakers bureau to talk about the shape of local real estate with Northeast Ohio community and business groups. According to CABOR Speakers Bureau Chair and 2010 CABOR Affiliate Council chair, Dave Iammarino, CABOR is currently seeking presentation engagements for its six speakers with chambers of commerce, and public organizations including Kiwanis Clubs, Rotary Clubs, parent-teacher groups and other organizations
Proposed property tax levies for 2010 increase by average of 3.5 percent statewide
Saint Paul, MN - November 19, 2009 - (RealEstateRama) -- Property tax levies will increase an average of 3.5 percent statewide if proposed local tax levies are adopted later this year, the Minnesota Department of Revenue announced today. This compares to last year’s increase of 5.6 percent and an average increase of 6.9 percent during the past three years.
City challenges more New Yorkers than ever before to help with annual count
New York, NY - November 18, 2009 - (RealEstateRama) -- Department of Homeless Services (DHS) Commissioner Robert V. Hess today announced that the eighth annual Homeless Outreach Population Estimate (HOPE 2010), a survey of individuals living on New York City streets, parks and other public spaces, will be held on the night of Monday, January 25, 2010.
OHFA Board approves funding; bolsters affordable housing development
COLUMBUS, OH - November 18, 2009 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) Board today approved the issuance of up to $28 million in Multifamily Mortgage Revenue Bonds.
AG stops scheme to sell overpriced manufactured housing
Raleigh, NC - November 19, 2009 - (RealEstateRama) -- An elaborate scheme deceived consumers into buying overpriced manufactured homes and agreeing to loans they couldn’t afford, Attorney General Roy Cooper says in a lawsuit filed this week.
DEED Awards $1.8 Million for Redeveloping Blighted Sites
Funding approved for North St. Paul, Roseville and St. Paul Port Authority. ST. PAUL, MN - November 19, 2009 - (RealEstateRama) -- Three projects in the Twin Cities area received a total of $1.8 million in grants to help offset the cost of reclaiming and redeveloping blighted property.
Real Estate Appraiser Charged with Making False Statement on Mortgage Loan Application
November 19, 2009 - (RealEstateRama) -- Nora R. Dannehy, United States Attorney for the District of Connecticut, today announced that a federal grand jury sitting in Bridgeport has returned an indictment charging THOMAS PRESTON, 49, of Norwalk, with one count of making a false statement on a mortgage loan application.
Udall, Bennet: $100,000 in Recovery Act Funding For Mile High Youth Corps Will Support...
Partners Include Denver OED, Colorado DOL, SkillBuild Colorado, Namaste Solar, Homebuilders Institute and Red Rocks Community College. Washington, D.C. - November 19, 2009 - (RealEstateRama) -- Mark Udall and Michael Bennet, U.S. Senators for Colorado, today highlighted how nearly $100,000 in funding under the American Recovery and Reinvestment Act (ARRA) will expand Mile High Youth Corps' (MHYC) capacity to prepare young adults in Colorado for new jobs in clean energy, energy efficiency and natural resource restoration.
Home Headquarters Receives $100,000 Grant from NeighborWorks America to Help Strengthen Auburn and Binghamton...
Washington, DC - November 16, 2009 - (RealEstateRama) -- NeighborWorks America today announced that it awarded a special $100,000 grant to Syracuse-based Home HeadQuarters, Inc., a member of the national NeighborWorks network, to help the organization expand its community stabilization work to the Auburn and Binghamton communities.
Nearly 400 Phoenix Homes Weatherized, Jobs Created, Using Federal Funds
November 19, 2009 - (RealEstateRama) -- Federal funds continue to create jobs and reduce energy use in Phoenix. Nearly 400 homes are being “weatherized” using funds from the American Recovery and Reinvestment Act (ARRA), with many more to follow. The city of Phoenix received $7.2 million federal dollars to fund this program, administered by the city’s Neighborhood Services Department.
Michigan’s Homeless Coalition and MSHDA Team Up to End Homelessness in Michigan
Lansing, MI - November 18, 2009 - (RealEstateRama) -- Homelessness ends with a place to live. That is the message the Michigan Coalition Against Homelessness (MCAH) in partnership with the Michigan State Housing Development Authority (MSHDA) wants to drive home this week during Homeless Awareness Week in Michigan. Governor Jennifer M. Granholm has issued a proclamation designating November 15-21 as the official week for this year's homeless awareness activities.
Invite Someone Home Again This Holiday Season
November 18, 2009 - (RealEstateRama) -- The Sioux City Economic Development Department is continuing its campaign inviting former residents to move back to Sioux City this holiday season. Initially launched late last year, the “Home Again” marketing initiative will utilize local media including print, tv, bus signage, banners and electronic billboards to target parents and families who want to see their children move back to Sioux City.
The Federal tax credits for home buyers have been extended and expanded
November 18, 2009 - (RealEstateRama) -- Recently President Obama signed into law the American Recovery and Reinvestment Act of 2009 which: - Provides a tax credit equal to 10 percent of the sales price of the home, up to a maximum credit of $8,000.
Officials Join with CPC Resources and Rockland Housing Action Coalition to Celebrate Completion of...
SPRING VALLEY, NY - November 17, 2009 - (RealEstateRama) -- The first phase of a comprehensive urban renewal plan to revitalize downtown Spring Valley took a big step forward today as Village, County, Town and State officials joined with representatives of CPC Resources, Inc. and Rockland Housing Action Coalition to celebrate the grand opening of the Spring Valley Senior Apartments.
Schumer Announces Federal Grant Will Help Bronx Veterans Group Add 145 Beds For Homeless...
Washington D.C. - November 17, 2009 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer announced that the U.S. Department of Veterans Affairs (VA) has awarded Enphront Veteran Services $347,215 to add 145 beds for homeless veterans in the Bronx.
Senate Passes Legislation to Provide Housing for Homeless Veterans
Washington, DC - November 17, 2009 - (RealEstateRama) -- Today the Senate passed legislation that will increase funding for housing and supportive services for veterans.