Development
Builders Continue To Rein-In New Housing Production In July
August 19, 2008 Posted by RealEstateRama
August 19, 2008 - (RealEstateRama) — Single-family home builders continued to practice aggressive inventory management in July by slowing the pace of new production nearly 3 percent to a seasonally adjusted annual rate of 641,000 units, according to Commerce Department figures released today. This was the lowest rate of single-family housing starts since January 1991.
California New Home Market Stays Cold in Summer Heat, CBIA Announces
August 18, 2008 Posted by California Real Estate
SACRAMENTO - August 18, 2008 - (RealEstateRama) — The pace of sales at California new-home communities remained sluggish in June, following a resumed trend of deterioration in year-over-year sales declines that began in May, the California Building Industry Association reported today.
First Ever Carbon Offsets Sale Aids Development of Green Affordable Housing
August 16, 2008 Posted by New Mexico Real Estate
ALBUQUERQUE, NM - July 30, 2008 - (RealEstateRama) — Silver Gardens, an environmentally responsible affordable housing development, is the first in the nation to receive funding from a groundbreaking new initiative created by Enterprise Community Partners that taps the booming market for voluntary “carbon offsets.” This initiative will help low-income families experience the health, economic, […]
Hudson River Park Tribeca Segment Opens
August 16, 2008 Posted by New York Real Estate
New York NY - August 16, 2008 - (RealEstateRama) — On July 23rd the Hudson River Park Trust officially opened the newly redeveloped north Tribeca segment, located between West Houston and Laight Streets. Part of larger, 550-acre Hudson River Park plan, the half-mile-long waterfront section brings new tennis and basketball courts, a nature walk, and […]
FISHER ANNOUNCES $20,000 FAIR HOUSING GRANT FOR GREENE COUNTY AND CITY OF XENIA FAIR HOUSING CONSORTIUM
August 16, 2008 Posted by Ohio Real Estate
Columbus, OH - August 11, 2008 - (RealEstateRama) — Fair and affordable housing is a paramount issue for Ohio and Ohioans. Lieutenant Governor Lee Fisher today announced that the Greene County and City of Xenia Fair Housing Consortium will receive a $20,000 grant to assist with fair housing efforts. The funds will be awarded through […]
Johnson Announces Rapid City to Receive $488,747 in Community Development Block Grants
August 16, 2008 Posted by South Dakota Real Estate
Washington, DC - August 7, 2008 - (RealEstateRama) — U.S. Senator Tim Johnson (D-SD) announced today that Rapid City will receive a $488,747 Community Development Block Grant (CDBG). The CDBG program funds housing and economic development projects.
From Helping Families Cope with Debt to Improving Their Credit and Ability to Afford Homes, State Farm and NeighborWorks Mark 30 Years of a Unique Partnership
August 12, 2008 Posted by RealEstateRama
Washington, D.C. - August 12, 2008 - (RealEstateRama) — A single mother of two disabled children receives help to untangle her credit problems, obtains down payment assistance and a 30-year mortgage to buy her first home.
Remdeling Market Remained Sluggish In Second Quarter
August 12, 2008 Posted by RealEstateRama
August 12, 2008 - (RealEstateRama) — Residential Remodeling activity remained sluggish during the second quarter of 2008, according to the National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI). The current market conditions indicator rested at 41.8, the same level as the first quarter, while the future expectations measure rose slightly to 38 from […]
TDHCA awards $42.5 million in Housing Tax Credits to build 5,800 units of affordable housing
August 11, 2008 Posted by Texas Real Estate
AUSTIN, TX - August 1, 2008 - (RealEstateRama) — Realizing that many young families and older individuals are struggling to keep pace with rising rent levels, the Texas Department of Housing and Community Affairs (TDHCA) has announced that it will help finance the development of 59 affordable rental properties throughout the state that will bring […]
PNC Multifamily Approved By Freddie Mac as Fully Delegated Lender
August 11, 2008 Posted by RealEstateRama
McLean, VA - August 11, 2008 - (RealEstateRama) — Freddie Mac announces that PNC MultiFamily Capital has become the third lender approved to enter into a fully delegated relationship with Freddie Mac under the Freddie Mac Delegated Underwriting for Targeted Affordable HousingSM model.
