Rent
Cuomo announces agreement with Western NY real estate management company for violating fair housing laws
August 19, 2008 Posted by New York Real Estate
BUFFALO, N.Y. - August 4, 2008 - (RealEstateRama) — Attorney General Andrew M. Cuomo today announced his office has stopped a Western New York real estate management company from denying housing to potential tenants because they receive government housing subsidies, including Section 8.
TDHCA awards $250,000 for Lufkin rental assistance
August 19, 2008 Posted by Texas Real Estate
AUSTIN, TX - August 4, 2008 - (RealEstateRama) — Realizing that achieving self-sufficiency stabilizes both the individual and the community, the Texas Department of Housing and Community Affairs (TDHCA) has announced a major funding award to a local nonprofit organization helping eligible Lufkin residents secure affordable rental housing while working toward financial independence.
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, […]
Kennedy Wilson Multifamily Returns to its Southern California Roots in Joint Venture with PCCP, LLC
August 15, 2008 Posted by California Real Estate
Partnership Acquires Townhome Rental Community in Montclair
MONTCLAIR, CA - August 15, 2008 - (RealEstateRama) — Seeing opportunity where others in the real estate industry only see challenges, Kennedy Wilson Multifamily Management Group (KW Multifamily), a Beverly Hills, CA-based apartment investor, and its partner PCCP, LLC (PCCP), an integrated real estate finance and investment management firm, have acquired […]
Governor Patrick Pledges $142 million in Public and Private Resources to Develop Affordable Rental Housing
August 14, 2008 Posted by Massachusetts Real Estate
Program funds, tax credits used to build, preserve 1,218 apartments in 20 communities
MA - August 14, 2008 - (RealEstateRama) — Governor Deval Patrick today pledged more than $142 million from state housing programs and equity leveraged from private sector investment in low-income housing tax credits to support projects statewide that will yield 1,218 rental apartments, […]
Apartment Demand Holding Up, But Financial Crisis Hurts Capital Availability According To National Multi Housing Council Survey
August 8, 2008 Posted by RealEstateRama
WASHINGTON, DC - August 8, 2008 - (RealEstateRama) — The ongoing turmoil in the financial markets is affecting the apartment sector, according to the National Multi Housing Council’s (NMHC) latest Quarterly Survey. Overall apartment demand is holding up fairly well in the face of a sluggish economy, though there was a small decline in market […]
New IRS Utility Allowance Regulations Help Preserve Viability of Affordable Housing
August 4, 2008 Posted by RealEstateRama
WASHINGTON, DC - August 4, 2008 - (RealEstateRama) — The Internal Revenue Service has published long-awaited regulations changing the way rents are adjusted on Low-Income Housing Tax Credit (LIHTC) properties where residents pay for their own utilities.
Best And Worst Cities To Rent A Home
July 17, 2008 Posted by RealEstateRama
Try telling those renting in Miami that they’re throwing away money. They’d argue that renting, on average, is much cheaper than buying these days–$1,080 a month to rent compared to $1,767 a month to pay down a mortgage. What’s more, new construction is up 40% this year, practically guaranteeing that rent will remain relatively low.
HUD ANNOUNCES DISASTER ASSISTANCE FOR MICHIGAN STORM VICTIMS
July 15, 2008 Posted by Michigan Real Estate
Foreclosure protection offered to displaced families in 11 countiesWASHINGTON - U.S. Housing and Urban Development Secretary Steve Preston today announced HUD will speed federal disaster assistance to 11 storm-ravaged counties in Michigan and provide support to homeowners and low-income renters forced from their homes following severe storms, tornadoes, and flooding.
Affordable Workforce Housing on the Horizon in the Wawayanda
July 3, 2008 Posted by New York Real Estate
WAWAYANDA, N.Y.—June 30, 2008—A new dawn is coming to the horizon in Wawayanda, New York. Construction is well under way on a new rental housing complex specially designed to help working people afford to live in Orange County. A Construction Celebration Ceremony will be held on Monday, June 30th, to celebrate Wawayanda’s success in bringing […]
