French Lick Redevelopment Selected to Receive $50 Million in Allocation Authority under the New...
Washington, DC - October 30, 2009 - (RealEstateRama) -- Congressman Baron Hill is pleased to announce that French Lick Redevelopment CDE LCC has been selected to receive $50 million in allocation authority under the 2009 round of the New Markets Tax Credit (NMTC) Program administered by the U.S. Department of Treasury’s Community Development Financial Institutions (CDFI) Fund.
Rehab Completed on 20-unit Building in Harlem: Low Income Residents Prepare for Homeownership in...
NEW YORK, NY - October 30, 2009 - (RealEstateRama) -- The Urban Homesteading Assistance Board (UHAB) announces the completion of rehabilitation and permanent financing of 20-units of affordable housing that will soon become a low-income cooperative.
Governor Quinn Recognizes Contributions of Volunteers with Governor’s Home Town Awards
SPRINGFIELD, IL - October 30, 2009 - (RealEstateRama) -- Governor Pat Quinn today recognized hundreds of volunteers for their hard work and dedication towards improving their communities. The Governor’s Home Town Awards were given for 46 projects during a ceremony at the Executive Mansion in Springfield
Georgia Department of Banking and Finance’s Order to Cease and Desist Issued to Mountain...
Atlanta, GA - October 30, 2009 - (RealEstateRama) -- On October 29, 2009, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Mountain States Mortgage Centers, Inc. located at 1333 E. 9400 South, Sandy, Utah, 84093 became final.
New study supports concept that supportive housing for homeless people with disabilities is cost...
AUGUSTA, ME - October 29, 2009 - (RealEstateRama) -- A new study reinforces the concept that providing supportive housing to homeless people with disabilities is less costly and better for the individual than providing no assistance
Dodd, Murphy Call for Better Affordable Housing for Seniors, People with Disabilities; Murphy Testifies...
WASHINGTON, DC - October 29, 2009 - (RealEstateRama) -- Today, Congressman Chris Murphy (CT-5) testified on how to expand affordable housing options for seniors and Americans living with disabilities at a Senate Banking Subcommittee on Housing, Transportation, and Community Development hearing. Senator Chris Dodd (D-CT), Chairman of the Banking Committee, joined Murphy in calling for the modernization of federal housing assistance programs to ensure they can meet the needs of low-income residents of Connecticut and the rest of the nation
Brown Calls on Banks and Loan Servicers to Detail Plans to Stem New Wave...
Los Angeles, CA - October 29, 2009 - (RealEstateRama) -- Concerned about a "new wave" of foreclosures, Attorney General Edmund G. Brown Jr. today called on ten major banks and loan servicers to detail their plans to assist homeowners facing dramatic monthly payment increases on Pay Option Adjustable Rate Mortgages.
City of Boston, Bank of America Announce Pilot to Preserve Tenancies in Foreclosed Properties
October 29, 2009 - (RealEstateRama) -- Mayor Thomas M. Menino and Bank of America Corporation today announced a first-of-its-kind in the nation initiative to prevent tenants from being displaced out of foreclosed homes. The initiative marks the latest expansion in the City’s on-going efforts to meet all of the challenges presented by the foreclosure crisis
‘Tastings & Trends’ Explores Changes in Homeowners Associations, Delinquencies, Foreclosures and Active Adult Lifestyles
Palm Desert, CA - October 29, 2009 - (RealEstateRama) -- MERIT Property Management, a leading provider of professional community association and rental management services, is hosting a complimentary evening of ‘Tastings & Trends’ on Tuesday, November 17, 2009 for Coachella Valley homeowners, association board members, vendors and media. The evening will feature wine tasting and hors d’ oeuvres from 5:30 pm-7 pm followed by presentations covering trends in homeowners associations, delinquencies, foreclosures and active adult and community lifestyles. Speakers include MERIT CEO and Founder Melinda Masson, Vice President of Finance Andrew Schlegel and Vice President of Active Adult Communities Scott Hysler.
Elk Grove’s Premier Master-planned Community, Stonelake, Selects MERIT for Property Management Services and Financial...
MERIT will provide additional services and maintenance programs to enhance the community. Sacramento, CA - October 28, 2009 - (RealEstateRama) -- The Stonelake Homeowners Association has selected MERIT, a leading provider of professional community association and rental management services, to manage their 1,467 single family unit community located in Elk Grove, CA. MERIT will assist the board of directors with daily operations as well as financial budget analysis and planning.
First Lady Mari Culver Announces Iowa Rental Help
New program provides housing assistance to Iowans in need. DES MOINES, IA - October 28, 2009 - (RealEstateRama) -- First Lady Mari Culver announced a new program today that will help hundreds of Iowans maintain or acquire an affordable rental home. As part of the federal American Recovery and Reinvestment Act, almost $1.5 billion was allocated to cities and states for the Homelessness Prevention and Rapid Re-Housing Program.
Balfour Beatty Communities Presents Three-Year, $75,000 Grant to Project H.O.M.E. in Philadelphia
Newtown Square, PA - October 26, 2009 - (RealEstateRama) -- In conjunction with parent company Balfour Beatty plc, Balfour Beatty Communities, LLC has established a three-year grant totaling $75,000 to be donated to Project H.O.M.E.
Balfour Beatty Communities Presents Three-Year, $75,000 Grant to Project H.O.M.E. in Philadelphia
Newtown Square, PA - October 26, 2009 - (RealEstateRama) -- In conjunction with parent company Balfour Beatty plc, Balfour Beatty Communities, LLC has established a three-year grant totaling $75,000 to be donated to Project H.O.M.E.
Balfour Beatty Communities Presents Three-Year, $75,000 Grant to Project H.O.M.E. in Philadelphia
Newtown Square, PA - October 26, 2009 - (RealEstateRama) -- In conjunction with parent company Balfour Beatty plc, Balfour Beatty Communities, LLC has established a three-year grant totaling $75,000 to be donated to Project H.O.M.E.
Balfour Beatty Communities Presents Three-Year, $75,000 Grant to Project H.O.M.E. in Philadelphia
Newtown Square, PA - October 26, 2009 - (RealEstateRama) -- In conjunction with parent company Balfour Beatty plc, Balfour Beatty Communities, LLC has established a three-year grant totaling $75,000 to be donated to Project H.O.M.E.
HPD, HDC, Blue Sea Development, And Bronx Borough President Diaz Cut Ribbon At Green,...
Bronx, NY - October 27, 2009 - (RealEstateRama) -- New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero, New York City Housing Development Corporation (HDC) President Marc Jahr and Bronx Borough President Ruben Diaz Jr. joined Les Bluestone and Avery Seavey of Blue Sea Development Co. for a ribbon cutting ceremony today in the South Bronx to unveil the newly completed Eltona.
HPD, HDC, Blue Sea Development, And Bronx Borough President Diaz Cut Ribbon At Green,...
Bronx, NY - October 27, 2009 - (RealEstateRama) -- New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero, New York City Housing Development Corporation (HDC) President Marc Jahr and Bronx Borough President Ruben Diaz Jr. joined Les Bluestone and Avery Seavey of Blue Sea Development Co. for a ribbon cutting ceremony today in the South Bronx to unveil the newly completed Eltona.
HMFA Breaks Ground on 24-Unit Affordable Condominium Community in Newark
NEWARK, N.J. - October 27, 2009 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia joined local officials and community leaders to break ground on Condominiums@Harmony Square, a 24-unit affordable housing community located at 105 Broad Street in Newark
HMFA Celebrates Completion of Exterior Façade on Historic Security Trust Building in Camden
CAMDEN, N.J. - October 27, 2009 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Marge Della Vecchia today joined state and local officials to celebrate the completion of exterior façade renovation of the New Jersey Safe Deposit and Trust Building (Trust Building), located at 301 Market Street in the heart of downtown Camden.
PSMI Opens New Office in Missoula, Montana
Roswell, NM - October 28, 2009 - (RealEstateRama) — PrimeSource Mortgage, Inc. (PSMI), a leading mortgage brokerage and banking company in the southwestern United States, and a wholly owned subsidiary of PSM Holdings, Inc., (OTCBB: PSMH) today announced the opening of a new branch office in Missoula, Mont.
Updated: Governor Culver Continues Work on Budget at Capitol; Lt. Governor Judge Talks I-JOBS...
DES MOINES, IA - October 27, 2009 - (RealEstateRama) -- Governor Chet Culver and Lt. Governor Patty Judge will hold three public events on Wednesday. The Governor will remain at the State Capitol in Des Moines to finalize departmental budget plans, while the Lt. Governor attends events in Iowa City and Perry.
First Lady Mari Culver to Announce Iowa Rental Help Program Tomorrow
Unique federally funded program will provide Iowans with housing assistance. DES MOINES, IA - October 27, 2009 - (RealEstateRama) -- First Lady Mari Culver tomorrow will announce a new federally funded rental assistance program that can help Iowans who are struggling financially.
NYCEDC Issues RFQ for Potential Developers for Willets Point District
New York City - October 26, 2009 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) today released a Request for Qualifications (RFQ) to identify developers for the first stage of the Willets Point District in northeastern Queens.
Housing Agency Seeks Champions
BISMARCK, ND - October 27, 2009 - (RealEstateRama) -- The North Dakota Housing Finance Agency (NDHFA) is seeking nominations for the 2009 Champion of Affordable Housing Leadership and Housing Production Awards.
Perriello Urges Extension of Homebuyer Tax Credit Past November 30 Deadline
Washington, D.C. - October 27, 2009 - (RealEstateRama) -- To further encourage home ownership and stabilize the housing market, Congressman Tom Perriello joined colleagues from both sides of the aisle in a letter to Speaker of the House Nancy Pelosi and House Minority Leader John Boehner urging them to extend the homebuyer tax credit that was originally included as part of the American Recovery and Reinvestment Act.
Heinrich Announces $7.8 Million in Affordable Housing Funding For Albuquerque Through Recovery Act
WASHINGTON, D.C. - October 26, 2009 - (RealEstateRama) -- U.S. Representative Martin Heinrich (NM-1) announced today that the New Mexico Mortgage Finance Authority (NMMFA) is receiving more than $7.8 million to support construction of housing for low-income families in Albuquerque through the American Recovery and Reinvestment Act of 2009.
Houston Groups Win Funding To Aid Homeless Veterans
Houston, TX - October 9, 2009 - (RealEstateRama) -- The Mayor’s Office of Veteran Affairs today hailed the awarding of $2.1 million in grants from the Veteran’s Administration to two local agencies to help house homeless veterans in Houston.
Massachusetts Home Sales Up for Third Consecutive Month
WALTHAM, MA - October 27, 2009 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales increased for the third straight month compared to the same time last year. Median prices were down only 1.7 percent compared to September 2008, while condominium median prices were up 1.7 percent. For the fourth month in a row, the number of pending sales (homes put under agreement in September) was up seven percent from the same time last year.
Massachusetts Home Sales Up for Third Consecutive Month
WALTHAM, MA - October 27, 2009 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that single-family home sales increased for the third straight month compared to the same time last year. Median prices were down only 1.7 percent compared to September 2008, while condominium median prices were up 1.7 percent. For the fourth month in a row, the number of pending sales (homes put under agreement in September) was up seven percent from the same time last year.
N.C. Housing Finance Agency Wins Third National Foreclosure Mitigation Grant
Raleigh, NC - October 26, 2009 - (RealEstateRama) -- Foreclosure prevention efforts that have helped more than 1,100 North Carolinians save their homes got a boost earlier this month when the North Carolina Housing Finance Agency was awarded an additional $895,350 of federal funds from the National Foreclosure Mitigation Counseling Program.