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House Votes to Extend the First-Time Homebuyer Tax Credit

Washington, DC - November 9, 2009 - (RealEstateRama) -- This week, the House voted on legislation to extend the $8,000 first-time homebuyer tax credit through April 30, 2010, which is currently set to expire December 1, 2009. The bill also expands eligibility of the credit, raising the income eligibility cap on individuals to $125,000 and $225,000 for married couples, up from $75,000 and $150,000 respectively, and homes sold for more than $800,000 are ineligible.

Neal Votes to Extend Unemployment Benefits, Homebuyers Tax Credit and Business Tax Relief to...

WASHINGTON, DC - November 6, 2009 - (RealEstateRama) -- Congressman Richard E. Neal released the following statement today after the House of Representatives voted to stimulate the local economy by extending unemployment benefits and the first-time homebuyer tax credit. Additional tax relief will be targeted to military families and businesses. The House passed H.R. 3549, the Worker, Homeownership and Business Assistance Act of 2009, by a vote of 403-12.

Rep. Melancon Votes to Extend Unemployment Benefits, Homebuyers’ Tax Credit

Supports Bill After Fighting to Include Louisiana’s Unemployed Workers. WASHINGTON, D.C. - November 6, 2009 - (RealEstateRama) -- U.S. Congressman Charlie Melancon (LA-03) voted today to help Louisiana families hit hardest by the recession by extending unemployment benefits, the homebuyers’ tax credit, and tax relief for military families and businesses. The Worker, Homeownership and Business Assistance Act of 2009 (H.R. 3548) passed the House today by a strong bipartisan vote of 403 to 12 and will now go to the President for his signature.

Chandler Supports Extension of Homebuyer Tax Credit

WASHINGTON, DC - November 6, 2009 - (RealEstateRama) -- Congressman Chandler voted in favor of extending and expanding the first-time homebuyer tax credit for an additional year, creating a new tax credit for current homeowners, and providing an additional extension for military families to purchase homes

Chandler Supports Extension of Homebuyer Tax Credit

WASHINGTON, DC - November 6, 2009 - (RealEstateRama) -- Congressman Chandler voted in favor of extending and expanding the first-time homebuyer tax credit for an additional year, creating a new tax credit for current homeowners, and providing an additional extension for military families to purchase homes

Davis Supports Extension of Unemployment Benefits, Home Buyer Credit and Small Business Net Operating...

November 6, 2009 - (RealEstateRama) -- Congressman Danny K. Davis (D-IL07) today spoke out for, and voted in favor of, extending Unemployment Benefits, the Home Buyer Credit and a Small Business Net Operating Loss Carryback. The vote today approved amendments added by the Senate to the legislation passed by the House of Representatives six weeks ago. The legislation is expected to be signed by President Obama tomorrow. The provisions of the bill include the following.

Meek Votes to Extend Critical Unemployment Benefits and First-Time Homebuyer Tax Credit

WASHINGTON, DC - November 6, 2009 - (RealEstateRama) -- U.S. Congressman Kendrick B. Meek today voted in favor of H.R. 3548, the Worker, Homeownership, and Business Assistance Act of 2009 to extend critical unemployment benefits for unemployed workers, expand and improve the homebuyer tax credit, and provide tax relief for military families and businesses. The legislation passed by an overwhelmingly bipartisan vote of 402-12.

Schauer votes to extend unemployment insurance benefits, homebuyers’ tax credit

WASHINGTON, DC - November 5, 2009 - (RealEstateRama) -- Today Congressman Mark Schauer (D-MI) voted to stimulate the local economy and provide stability to Michigan families hit hardest by the recession by extending unemployment benefits, the homebuyers’ tax credit, and tax relief for military families and businesses. The Emergency Unemployment Compensation Extension Act (HR 3548) will provide immediate assistance, extending relief to the 62,753 Michigan workers whose benefits would otherwise run out by the end of the year.

Hare Supports Extension of Unemployment, First-Time Homebuyer Tax Credit

November 5, 2009 - (RealEstateRama) -- Congressman Phil Hare (D-IL) today voted for legislation that will extend both unemployment benefits and the first-time homebuyer tax credit. The bill now heads to the President’s desk. Hare has been a strong supporter of extending unemployment benefits during this recession. In September, Hare voted to extend these benefits for 13 additional weeks. After being amended by the Senate, today’s bill would extend benefits in Illinois by 20 weeks, where the unemployment rate is currently over 10 percent.

Hare Supports Extension of Unemployment, First-Time Homebuyer Tax Credit

November 5, 2009 - (RealEstateRama) -- Congressman Phil Hare (D-IL) today voted for legislation that will extend both unemployment benefits and the first-time homebuyer tax credit. The bill now heads to the President’s desk. Hare has been a strong supporter of extending unemployment benefits during this recession. In September, Hare voted to extend these benefits for 13 additional weeks. After being amended by the Senate, today’s bill would extend benefits in Illinois by 20 weeks, where the unemployment rate is currently over 10 percent.

Congressman Dave Loebsack Urges FEMA to Waive Rent for Temporary Housing Program

Washington, DC - November 3, 2009 - (RealEstateRama) -- Congressman Dave Loebsack, joined by the Iowa delegation, wrote to Administrator Fugate, urging FEMA to waive rent for the temporary housing program. FEMA recently granted an extension of the temporary housing program for an additional seven months until June 27, 2010. While this extension allows disaster victims an additional seven months to seek affordable housing, several problems remain within the temporary housing program. Currently, FEMA will charge residents the fair market value of rent, minus certain deductions, which places a heavy burden on many Iowans as they work to recover from the floods of last summer.

Simpson Cosponsors Legislation to Provide Estate Tax Relief

Washington, DC - November 3, 2009 - (RealEstateRama) -- Idaho Congressman Mike Simpson is a cosponsor of H.R. 3095, the Estate Tax Relief Act of 2009. The legislation increases the estate tax exemption to $5 million per person and reduces the top rate to 35% in equal increments over ten years.

CONGRESSMAN PETERS CALLS FOR EXTENSION OF FIRST-TIME HOMEBUYER TAX CREDIT

$8,000 Credit, Which Is Helping Home Sales Rebound, Is Set to Expire at the End of Next Month. Washington, D.C. - October 22, 2009 - (RealEstateRama) -- Congressman Gary Peters today urged House leadership to extend the first-time homebuyer tax credit, a measure enacted in February that saves new homebuyers thousands of dollars and has helped the U.S. housing market rebound in recent months. The credit is set to expire November 30th. Congressman Peters, along with a bipartisan group of colleagues, today sent a letter (text below) to House Speaker Nancy Pelosi and Minority Leader John Boehner expressing their desire to extend the credit’s deadline.

Hare Joins Local Citizens, Realtors to Call for Extension of First-Time Homebuyer Tax Credit

October 19, 2009 - (RealEstateRama) -- Congressman Phil Hare (D-IL) today was joined by local citizens and realtors in Moline, Canton, and Macomb to call for an extension of the $8,000 first-time homebuyer tax credit. The credit is set to end on December 1, 2009.

BARAGA COUNTY MEMORIAL HOSPITAL TO RECEIVE $28.3 MILLION IN HUD FINANCING

WASHINGTON, DC - October 19, 2009 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) has committed to insure a $28,310,000 loan to Baraga County Memorial Hospital (BCMH) in L’Anse U.S. Congressman Bart Stupak announced Friday. The loan is being provided through the Federal Housing Administration’s Section 242 Hospital Mortgage Insurance Program and will be used to construct a new facility approximately 3 miles from the existing site.

KINGSTON ANNOUNCES COUNSELING GRANTS FOR ECONOMIC OPPORTUNITY AUTHORITY FOR SAVANNAH-CHATHAM COUNTY

Washington, DC - October 19, 2009 - (RealEstateRama) -- Congressman Jack Kingston (R-GA/1) announced today that Economic Opportunity Authority (EOA) for Savannah-Chatham County is the recipient of two grants from the Department of Housing and Urban Development (HUD). The grants will be used to support services related to housing counseling to homebuyers, homeowners and low to moderate income renters.

Visclosky Announces Federal Support for Housing Counseling in Northwest Indiana

U.S. Department of Housing and Urban Development Grants to Help Families and Individuals Improve Housing Conditions. Washington, D.C. - October 14, 2009 - (RealEstateRama) -- Congressman Pete Visclosky today announced that the U.S. Department of Housing and Urban Development has issued three grants to Northwest Indiana for housing counseling. The grants, which will go to the Housing Authority of the City of Hammond, Housing Opportunities, Inc., in Porter County, and the Lake County Community Economic Development Department, are intended to help families and individuals improve their housing conditions

Progress for Central Florida

Orlando, FOL - October 14, 2009 - (RealEstateRama) -- Congressman Alan Grayson, U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan, and Mayor Buddy Dyer toured a neighborhood and highlighted two successful programs helping resolve the problems of foreclosure and slumping property values today in Orlando.

Hill Supports Service Members Home Ownership Tax Act of 2009

Bill ensures that men and women serving overseas get equal access to tax credits and benefits. Washington, DC - October 13, 2009 - (RealEstateRama) -- Late last week, Congressman Baron Hill voted in support of the Service Members Home Ownership Act of 2009, H.R. 3590. The bill was passed by an overwhelmingly bipartisan vote on the evening of Thursday, October 8, 2009.H.R. 3590 ensures that our service members, particularly those deployed overseas, will get equal access to the first-time homebuyer tax credit. For example, the legislation would ensure that certain payments under the Department of Defense Housing Assistance Program (HAP) are exempt from tax. And, the bill guarantees that services members will not have to repay the first-time homebuyer credit if they are called up for service overseas and forced to sell their home within three years of purchasing.

House Passes Bill to Assist Military Homebuyers with Moore’s Support

WASHINGTON, DC - October 12, 2009 - (RealEstateRama) -- Congressman Dennis Moore (Third District – Kansas) announced today the passage of H.R. 3590, The Service Members Home Ownership Tax Act of 2009, which amends the federal tax code to ensure military personnel can take full advantage of the first-time homebuyer tax credit that was created as part of the American Recovery and Reinvestment Act (ARRA). The measure passed the House by a unanimous vote of 416-0. Moore is a co-sponsor of the legislation.

Buchanan to Hold Foreclosure Prevention Event Saturday

Washington, DC - October 9, 2009 - (RealEstateRama) -- Congressman Vern Buchanan (FL-13) will hold a foreclosure assistance workshop on Saturday, October 10, 2009. Lenders, federal agencies, and local housing and counseling agencies will help assist residents of Florida’s 13th District from 10:00 a.m. to 1:00 p.m. in the student union at State College of Florida, 5840 26th St. West, Bradenton, Florida

Schauer votes to extend homebuyer incentives and provide more stable health care funding for...

WASHINGTON, DC - October 9, 2009 - (RealEstateRama) -- Congressman Mark Schauer voted to pass two key measures for our American veterans. The Service Members Home Ownership Tax Act (H.R. 3590), which passed with bipartisan support today, will extend the deadline for taking advantage of the first-time homebuyer tax credit under the American Recovery and Reinvestment Act for qualified service members by one year.

SARBANES VOTES TO IMPROVE VETERANS HEALTH CARE, HOMEOWNERSHIP OPPORTUNITIES

Washington, D.C. - October 9, 2009 - (RealEstateRama) -- With Congressman John Sarbanes’ strong support, the House of Representatives passed H.R. 1016, Veterans Health Care Budget Reform and Transparency Act and H.R. 3590, Service Members Home Ownership Tax Act. Both measures have been referred to the Senate for consideration. “This Congress is committed to putting our troops and veterans first,” said Congressman John Sarbanes. “Our service men and women have made sacrifices for our country and all Americans. They deserve our utmost gratitude but also a meaningful commitment in terms of health care and opportunities for homeownership.

Rep. Young Cosponsors, Votes For Two Bills To Aid Veterans

Washington, D.C. - October 8, 2009 - (RealEstateRama) -- Alaskan Congressman Don Young voted yes today on H.R. 3590, the Service Members Home Ownership Tax Act and H.R. 1016, the Veterans Health Care Budget Reform and Transparency Act, both of which he cosponsored.

House Passes Bill with $35 Million in Melancon-Secured Water Projects for South Louisiana

WASHINGTON, D.C. – Today, the U.S. House of Representatives passed legislation that includes $35,045,000 in earmarks Congressman Charlie Melancon (LA-03) secured for projects in the Third Congressional District. The funding was included in the fiscal year 2010 Energy and Water Appropriations conference report (H.R. 3183). The conference report now goes to the Senate for passage, and then to the President to be signed in to law. This annual funding bill will provide a total of $5.4 billion for Army Corps of Engineers projects nationwide

Buchanan Secures $8.3 Million for Local Environmental Projects

House Gives Final Approval to $5.5 Million for Wares Creek, $500,000 for Sarasota Renewable Energy Center, $305,000 for Lido Beach, $100,000 for Anna Maria Island Beach Re-nourishment, $100,000 for Port Manatee and up to $5 million for Sarasota Bay Restoration. Washington, DC - October 2, 2009 - (RealEstateRama) -- Congressman Vern Buchanan (FL-13) has won final approval in the House of $8.3 million in federal funding for environmental projects in Florida’s 13th District. The House voted 308-114 for the fiscal year 2010 energy and water appropriations bill (H.R. 3183) today.

Buchanan to Hold Foreclosure Prevention Event

Lenders, Federal and Local Agencies to Provide Free Assistance October 10. Washington, DC - September 28, 2009 - (RealEstateRama) -- Congressman Vern Buchanan (FL-13) announced today that he will hold a foreclosure assistance workshop on Saturday, October 10, 2009. In attendance will be several lenders, federal agencies, and local housing and counseling agencies, which will be available to assist residents of Florida’s 13th District from 10:00 a.m. to 1:00 p.m. in the student union at State College of Florida, 5840 26th St. West, Bradenton, Florida.

Hastings Introduces Legislation to Address Chronic Homelessness Nationwide

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.)

Several Arizona Communities to Receive CDBG Grants through Recovery Act

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)

Congressman Salazar announces $599,935.00 in federal funding for new Adams State College housing program

“HOPE” focuses on new homeowners, disabled homeowners and the environment. WASHINGTON, DC - September 17, 2009 - (RealEstateRama) -- U.S. Congressman John Salazar announced that a federal Hispanic-Serving Institutions Assisting Communities (HSIAC) grant of $599,935.00 has been allocated for Adams State College. The college intends to use the grant to launch the Home Owner Preparedness, including all People, for one Environment (HOPE) program. HOPE is a community-based collaborative project designed to increase economic and housing affordability to youth, provide job training for people with disabilities and organize the community around environmental opportunities.

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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