Tag: Recovery Act

BOSTON, MA - April 21, 2010 - (RealEstateRama) -- Senator John Kerry and Congresswoman Niki Tsongas today announced that the Carbon-Neutral Lowell Park and Preservation District initiative will receive $5 million in Recovery Act funding from the U.S. Department of Energy.

AUGUSTA, ME - April 21, 2010 - (RealEstateRama) -- Governor John E. Baldacci said today that Maine has received a $30 million federal grant from The Recovery Act to fund energy efficiency upgrades in Maine. “Maine is recognized as a national leader in our efforts to improve energy efficiency,” Governor Baldacci said. “The work that we have been doing at MaineHousing and at Efficiency Maine has demonstrated our ability to put resources to work quickly, creating jobs and reducing energy consumption.

WASHINGTON, D.C. - March 18, 2010 - (RealEstateRama) -- United States Senator Roland W. Burris today announced that American Recovery and Reinvestment Act funds from the Department of Agriculture are being allocated to Illinois rural communities for water system projects to enhance water quality and improve sanitation services. These projects will provide construction jobs and improve water systems infrastructure in rural areas

Recovery Act Funding Will Create Local Construction Jobs, Improve Learning Facilities for Sacramento Students. SACRAMENTO, CA - March 17, 2010 - (RealEstateRama) -- Today, Congresswoman Doris Matsui (D – Sacramento) announced the award of a $19,342,000 qualified school construction bond, administered by the Department of Treasury and authorized by the Recovery Act, which Rep. Matsui supported last year. Qualified school construction bonds can be used to finance the construction, rehabilitation or repair of a public school facility or for the acquisition of land where a school will be built.

CHICAGO, IL - January 26, 2010 - (RealEstateRama) -- U.S. Senator Dick Durbin (D-IL) today announced that the U.S. Department of Housing and Urban Development (HUD) has awarded the City of Chicago a Neighborhood Stabilization Program (NSP) grant in the amount of $98,008,384 through the American Recovery and Reinvestment Act. These grants are competitively awarded to local governments and non-profit housing developers to spur economic development and create jobs in hard-hit communities

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.

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.

Washington (DC) - January 14, 2010 - (RealEstateRama) -- January 13, 2010 - Today, Congressman Al Green (TX-09) announced $3.1 million in new grant funding authorized by the American Recovery and Reinvestment Act to assist unemployed workers in Houston.

Tax Credit Exchange Program Awards $4.3 Million for Housing Complex in Disaster-Impacted Community. Chanute, KS – Kansas Housing Resources Corporation (KHRC) has awarded nearly $4.3 million in Recovery Act funds to help finance the construction of 42 energy-efficient, affordable apartments in Chanute. The disaster-affected community had nearly 75 homes and a sizable number of local businesses damaged by flooding in 2007.

Washington, DC - December 18, 2009 - (RealEstateRama) -- U.S. Senators Dianne Feinstein (D-Calif.) and Jeff Merkley (D-Ore.) today introduced a measure to spur the development of renewable energy employment and construction, such as wind and solar farms and solar panel factories. The bill would primarily extend and expand a popular Treasury Department grant program that was established in Section 1603 of the American Recovery and Reinvestment Act of 2009 in order to help diminish the impact of the economic crisis on the renewable energy sector

December 17, 2009 - (RealEstateRama) -- Today, Mayor Thomas M. Menino announced that Boston is one of the first cities in the nation to receive a major grant of $1.9 million from the National Telecommunications and Information Administration (NTIA) through the Broadband Technology Opportunities Program authorized by the American Recovery and Reinvestment Act (ARRA).

Washington, DC - November 24, 2009 - (RealEstateRama) -- Today, Congressman John Yarmuth (KY-3) announced that YouthBuild Louisville will receive $100,000 in funding from the American Recovery and Reinvestment Act to fund vocational instruction programs and energy-efficient building training for Louisville young people

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.

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.

WASHINGTON, Dc - November 2, 2009 - (RealEstateRama) -- Honolulu will receive $3,863,700 to fund energy efficient initiatives including the reduction of fossil fuel emissions, the creation of green jobs, and the implementation of practices that lessen overall energy use, Senators Daniel K. Inouye and Daniel K. Akaka announced today.The federal funds are made available to Honolulu through the U.S. Department of Energy's Energy Efficiency and Conservation Block Grant (EECBG) award.

Kansas City, KS - October 26, 2009 - (RealEstateRama) -- Kansas Housing Resources Corporation (KHRC) has awarded $3,765,000 in Recovery Act funds to finance the construction of 20 affordable, energy-efficient single-family homes in Kansas City, Kansas. The lease-to-own development, called House-to-Home, will be located in the historic Bethany neighborhood and is financed by the Tax Credit Assistance Program (TCAP) created by the American Recovery and Reinvestment Act (ARRA) of 2009.

Washington, DC - October 20, 2009 - (RealEstateRama) -- Congresswoman Maxine Waters (CA-35), Chairwoman of the Financial Services Subcommittee on Housing and Community Opportunity, recognizing the impact foreclosures are having on the country, called on the attorneys general from the nation’s 50 states to bring suit against lenders in order to force more loan modifications.“We need aggressive action to force lenders to modify the predatory loans that they made. State attorneys general and civil rights groups are taking the lead in preventing foreclosures by filing lawsuits against the originators of these predatory loans, and I commend them for their action,” Chairwoman Waters said

October 16, 2009 - (RealEstateRama) -- Gov. Bill Ritter Jr. today announced the release of new reports that outline how funds from the American Recovery and Reinvestment Act are being used in every county across Colorado. The 64 reports can be found at here and are the first of several new sources of data that will be released in the next few weeks to help Coloradans track Recovery Act dollars.

October 16, 2009 - (RealEstateRama) -- Gov. Bill Ritter Jr. today announced the release of new reports that outline how funds from the American Recovery and Reinvestment Act are being used in every county across Colorado. The 64 reports can be found at here and are the first of several new sources of data that will be released in the next few weeks to help Coloradans track Recovery Act dollars.

Tax Credit Assistance Program Tapped to Build Senior and Family Housing in Wamego, Bird City. Topeka, KS - October 15, 2009 - (RealEstateRama) -- Kansas Housing Resources Corporation (KHRC) has awarded $3.8 million in funding from the American Recovery and Reinvestment Act of 2009 (ARRA) to build affordable, energy efficient rental housing in Wamego and Bird City. The stimulus funds, allocated through the Tax Credit Assistance Program (TCAP), will create 38 rental units serving low-income families and seniors.

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.

DES MOINES, IA - October 9, 2009 - (RealEstateRama) -- Governor Chet Culver has announced that three housing developments have been awarded a total of more than $18.5 million to construct or preserve affordable housing in central and eastern Iowa. The awards were made through the Culver/Judge I-JOBS initiative and the federal American Recovery & Reinvestment Act (ARRA) to support projects in Ames, Cedar Rapids and Davenport. The Iowa Finance Authority (IFA) administers the programs.

October 7, 2009 - (RealEstateRama) -- Governor Arnold Schwarzenegger today announced the awarding of more than $68 million in American Recovery and Reinvestment Act (Recovery Act) weatherization funding to non-profit, local government and community action agencies throughout the state. This funding is federally designated to help low-income families weatherize their homes, which decreases utility bills and saves energy while stimulating local economies. Administered by the State Department of Community Services and Development (CSD), California’s low-income Recovery Act weatherization program was one of the first 15 state plans federally approved by the U.S. Department of Energy (DOE)

Recovery Act funding will provide “green”, energy efficient renovations for Old Colony, Cathedral, Heath and Amory public housing developments. Today, Mayor Thomas M. Menino announced that the U.S. Department of Housing and Urban Development (HUD) has given the City of Boston $40 million through the American Recovery and Reinvestment Act (ARRA). The funding will go toward renovating several public housing developments in the Boston Housing Authority’s (BHA) portfolio using “green” technology to increase energy efficiency and decrease overall costs to the City of Boston. The $40 million worth of projects will create nearly 400 new jobs.

Washington, DC - September 25, 2009 - (RealEstateRama) -- Congressman Baron Hill is pleased to announce that the Housing Authority of the City of New Albany is set to receive almost three million dollars in American Recovery and Reinvestment Act (ARRA) grants through the U.S. Department of Housing and Urban Development (HUD) to improve public housing for seniors and disabled persons.According to a release issued by HUD, these grants will allow public housing authorities throughout the country to make necessary improvements to public housing communities that will specifically address the needs of seniors and persons with disabilities.

Funds Made Available Through the American Recovery and Reinvestment Act. WASHINGTON, DC - September 25, 2009 - (RealEstateRama) -- U.S. Sens. Carl Levin and Debbie Stabenow, both D-Mich., today announced three recovery grants designed to improve public housing for seniors and disabled individuals in three communities in the Upper Peninsula. The funds, allocated by the U.S. Department of Housing and Urban Development, were made available by the American Recovery and Reinvestment Act. Facilities in Ironwood, Laurium and Sault Sainte Marie will receive the grants.

AUGUSTA - September 24, 2009 - (RealEstateRama) -- Groundbreaking ceremonies for the rehab of the Greentree Apartments in Augusta, one of the first housing developments in the country to receive funding under the Exchange portion of the American Recovery and Reinvestment Act, will occur at 11:30 a.m. Thursday (September 24) at 45 New England Road

Washington D.C. - September 24, 2009 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development announced that all Recovery Act funding for Community Development Block Grants (CDBG) have been released and are now in the hands of the state and local communities. The Recovery Act included $1 billion for CDBG of which $2.9 million was allocated for Macomb and Oakland Counties and communities.“More CDBG funding, through the Recovery Act, comes at an important time for our communities who are grappling with difficult budgets and the ongoing economic downturn,” said Rep. Levin. “Communities can decide what programs best meet the needs of their communities and residents, and get the money out to stimulate the local economy.”

WASHINGTON, DC - September 24, 2009 - (RealEstateRama) -- U.S. Senators Debbie Stabenow (D-MI) and Carl Levin (D-MI) announced today that Michigan has been awarded $5,535,975 in American Recovery and Reinvestment Act (ARRA) funding through the Department of Housing and Urban Development (HUD). The funding is from the Public Housing Capital Funds and will be used to upgrade public housing by increasing energy efficiency and create jobs

More than $46 million approved to support nearly 500 units of affordable housing in Iowa. DES MOINES, IA - September 23, 2009 - (RealEstateRama) -- Governor Chet Culver announced today that affordable housing projects throughout the state have been awarded a total of more than $46 million to create or preserve nearly 500 units of affordable housing. The awards were made through the Culver/Judge I-JOBS initiative and the federal American Recovery & Reinvestment Act (ARRA). The Iowa Finance Authority administers the programs.