Archive for October, 2007
Governor Doyle Uses Veto Pen to Increase Property Taxes
October 31, 2007 Posted by Wisconsin Real Estate
Oct. 31, 2007 — As a part of the compromise state budget package that Governor Jim Doyle agreed to with leaders of the state legislature, local property tax levy increases were to be capped at two percent for the next two years. Basically, under the agreed upon budget provision, county, city, town and village governments […]
Johnson Announces Two Million in Funds for Two Tribal Communities
October 31, 2007 Posted by South Dakota Real Estate
Washington, DC, October 18, 2007 – U.S. Senator Tim Johnson (D-SD) announced today that the Lower Brule Sioux Tribe and the Sisseton-Wahpeton Housing Authority will receive Indian Community Development Block Grants totaling $2,000,000 for the development of housing, suitable living environments, and economic opportunities.
Package of legislation will arm homebuyers with knowledge, information to avoid bad loans
October 31, 2007 Posted by New Jersey Real Estate
WASHINGTON, October 10, 2007 – Standing at the house of a Newark homeowner whose adjustable rate mortgage has skyrocketed recently, U.S. Senator Robert Menendez (D-NJ) today announced that he will introduce an initiative meant to give homebuyers the information and education needed to avoid risky mortgages. The “Know Your Mortgage” package of legislation, which will be […]
Reid Announces Mobile Resource Centers to Help Nevadans Facing Foreclosures
October 31, 2007 Posted by Nevada Real Estate
Washington, DC, October 29, 2007 – Working to address the foreclosure crisis in Nevada, today U.S. Senator Harry Reid announced five mobile resource centers throughout Nevada.
“Nevada is facing a foreclosure crisis,” said Reid. “Clark, Washoe, Douglas, Elko and Nye counties have been hit hardest by foreclosures. In these counties foreclosure rates have increased 100-300 percent in […]
Phillips Edison Completes $100 Million Unsecured Revolving Credit Facility
October 31, 2007 Posted by Ohio Real Estate
New Facility Led by Wells Fargo Bank as the Administrative Agent and KeyBank & National City Bank as the Co-Documentation Agents
CINCINNATI, Oct. 31 /PRNewswire/ — Phillips Edison & Company today announced that it has completed a $100 million unsecured revolving credit facility. The facility is led by Wells Fargo Bank as the Lead Arranger and […]
HUD’s Assisted Living Conversion Program Grants For OHIO
October 31, 2007 Posted by Ohio Real Estate
NCR of Northern Columbus to receive $2,194,899
WASHINGTON, October 31, 2007 - The Assisted Living Conversion Program grant funds will be used to convert 32 units into assisted living units for the frail and elderly at Stygler Commons. The conversion will occur in four phases and minimize relocation and disruption in the lives of the existing residents.
HUD’s Assisted Living Conversion Program Grants For NEW JERSEY
October 31, 2007 Posted by New Jersey Real Estate
Trent Center to receive $2,271,953
WASHINGTON, October 31, 2007 - The Assisted Living Conversion Program grant funds will be used to continue the conversion of elderly housing in this 229-unit, 14-story building to units that will serve the frail elderly. Phase II, involves the renovation of 17 existing elderly housing units on the 3rd Floor into 17 […]
HUD’s Assisted Living Conversion Program Grants For NEW YORK
October 31, 2007 Posted by New York Real Estate
Bernardine Apartments, Phase VII to receive $3,754,850
WASHINGTON, October 31, 2007 - The Assisted Living Conversion Program grant funds will be used to continue the conversion of elderly housing in this 206-unit, 24-story building to units that will serve the frail elderly. Phase VII involves the renovation of 35 existing elderly housing units on Floors 12, 13, 14 and […]
More Than 200,000 Letters Sent to At-Risk Homeowners
October 31, 2007 Posted by RealEstateRama
Alliance urges borrowers to get help now.
WASHINGTON, Oct. 31 /PRNewswire-USNewswire/ — Beginning November 19, the nation’s largest mortgage servicers will be sending HOPE NOW letters to at-risk mortgage borrowers, asking them to get help.
Linger Longer Communities and the Jekyll Island State Park Authority Seek Public Input on Revitalization Plans
October 31, 2007 Posted by Georgia Real Estate
JEKYLL ISLAND, Ga., Oct. 31 /PRNewswire/ — Georgians interested in the future of Jekyll Island will have multiple opportunities to preview and comment on plans for revitalizing the Jekyll Island Town Center.