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FHFA Misses Opportunity to Help Housing Market and Taxpayers

WASHINGTON, D.C. - August 1, 2012 - (RealEstateRama) -- Restoring the US housing market is critical to our nation’s economic recovery. That is why we are disappointed with the Federal Housing Finance Agency’s (FHFA) announcement today that it will not permit targeted forgiveness of loan principal balances for struggling homeowners. This decision means that principal reductions are not an option for Fannie Mae and Freddie Mac loans even when reducing principal balances would return more money to those entities than any other type of modification. This is a lost opportunity to stabilize housing markets and property values by giving more homeowners a chance to restructure unaffordable loans and avoid foreclosure

Real Estate Industry Needs Better Preparation for CEO Succession, Says New Report from Urban...

WASHINGTON, DC - August 1, 2012 - (RealEstateRama) -- A survey of senior executives at 235 major real estate firms in the U.S. shows that most believe the industry as a whole is ill-prepared for the chief executive officer (CEO) succession process, which could jeopardize a smooth transition of company leadership, according to a report released today by the Urban Land Institute (ULI) and Russell Reynolds Associates.

Mitigation Specialists to Answer Questions in Nassau County

TALLAHASSEE, FL - August 1, 2012 - (RealEstateRama) -- The Federal Emergency Management Agency and a Nassau County Lowe’s are teaming up to provide information and advice on cleaning and rebuilding homes after Tropical Storm Debby.

Detroit to receive $4.2 million for housing, homelessness programs

WASHINGTON, DC - July 31, 2012 - (RealEstateRama) -- Detroit will receive $4.2 million in federal funding to promote affordable housing, fight homelessness and boost the local economy, Sen. Carl Levin announced Monday.

Kalamazoo to receive $2.3 million for housing, homelessness programs

WASHINGTON, DC - July 31, 2012 - (RealEstateRama) -- Kalamazoo will receive nearly $2.3 million in federal funding to promote affordable housing, fight homelessness and boost the local economy, Sen. Carl Levin announced Monday.

Stark Announces $5 Million in Housing and Shelter Grants for Alameda County

WASHINGTON, DC - July 31, 2012 - (RealEstateRama) -- Rep. Pete Stark (D-CA) announced nearly $5 million in grants awarded by the U.S. Department of Housing (HUD) and Urban Development to Alameda County. The money will help improve housing and economic ...

Public Housing Director Jim Gurke Retires After 30 Years

ANCHORAGE, - July 31, 2012 - (RealEstateRama) -- Jim Gurke, Alaska Housing Finance Corporation (AHFC) Public Housing Director, is retiring at the end of this month after a 30-year career in Alaska's public housing sector.

CONSTRUCTION EMPLOYMENT DECLINES IN 162 OUT OF 337 METRO AREAS BETWEEN JUNE 2011 &...

WASHINGTON, D.C. - July 31, 2012 - (RealEstateRama) -- Construction employment declined in 162 out of 337 metropolitan areas between June 2011 and June 2012, increased in 127 and stayed stagnant in 48, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said that construction employment declined or remained unchanged in most metro areas as the public sector continued to cut back on investments in new construction and infrastructure and economic growth slowed

Governor Bobby Jindal Announces Appointments to the State Board of Home Inspectors

BATON ROUGE - July 30, 2012 - (RealEstateRama) -- Governor Bobby Jindal announced appointments to the State Board of Home Inspectors.

St. Louis Building Inspector Indicted on Bribery Charges

ST. LOUIS, MO - July 30, 2012 - (RealEstateRama) -- A St. Louis City building inspector was arrested early this morning on bribery charges. Anthony D. Davis, age 47, was indicted by a federal grand jury on Wednesday on two felony bribery counts. The in...

SCHOLARSHIP OPPORTUNITIES AVAILABLE!

MANHATTAN - July 30, 2012 - (RealEstateRama) -- The Kansas Housing Conference is pleased to offer a limited number of scholarships to allow housing providers and advocates, who otherwise might not be able to do so, the opportunity to attend this year's...

CALL FOR ENTRIES: AWARD FOR EXCELLENCE IN AFFORDABLE HOUSING

BEDFORD, N.H. - July 30, 2012 - (RealEstateRama) -- Has your organization made significant contributions to affordable housing in New Hampshire in the past three years? New Hampshire Housing’s "Bringing You Home" award recognizes and celebrates the w...

State housing agency’s $48.6 million in housing tax credits to expand housing choices, support...

AUSTIN, TX - July 30, 2012 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today announced it has allocated $48.6 million in housing tax credits to developers of affordable rental properties, helping increase housing...

Preventing Homelessness Among West Texas Veterans

WASHINGTON, DC - July 30, 2012 - (RealEstateRama) -- Congressman Randy Neugebauer (TX-19) is pleased to announce a Veteran’s Affairs grant to improve services to veterans in West Texas. The West Central Texas Regional Foundation was awarded nearly ...

Justice Department Settles Housing Discrimination Lawsuit Related to Senior Housing in Santa Rosa, California

WASHINGTON, D.C. - July 30, 2012 - (RealEstateRama) -- The Justice Department today announced an agreement with a California municipality and a homeowners’ association to resolve allegations of discrimination on the basis of familial status in violat...

NCSHA Releases Comprehensive Survey of HFA Program Activity

WASHINGTON, D.C. - July 27, 2012 - (RealEstateRama) -- The National Council of State Housing Agencies (NCSHA) today released its 2010 Factbook, a comprehensive survey of HFA (Housing Finance Agency) program activity. This survey enables NCSHA to accurately represent and respond to its member needs, as well as supports the organization’s advocacy within Congress, the Administration, and the numerous federal agencies concerned with housing

State housing agency awards $1.2 million to county improving housing, lives in colonias

AUSTIN, TX - July 27, 2012 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today announced that it has awarded a $1.2 million contract to Webb County to continue funding operations of the county’s Colonia Self-Help...

Mayor Gray and Local Business Leaders to Celebrate the Completion of the Adams Morgan...

WASHINGTON, D.C. - July 27, 2012 - (RealEstateRama) - Mayor Vincent C. Gray, Ward 1 Councilmember Jim Graham, District Department of Transportation (DDOT) officials, Federal Highway Administration officials, representatives from the business community and residents will mark the completion of the Adams Morgan Streetscape Project

Fema Mitigation Specialists To Answer Questions At Community Events In Hernando And Suwannee

TALLAHASSEE, FL - July 27, 2012 - (RealEstateRama) -- Mitigation specialists from the Federal Emergency Management Agency will provide information and advice on cleaning up and rebuilding homes after Tropical Storm Debby at community events in Suwannee...

300+ New England Buildings Compete in Energy Star National Building Competition

Boston, MA - July 26, 2012 - (RealEstateRama) -- A total of 334 buildings across the six New England states are among more than 3,200 buildings across the country competing in the 2012 National Building Competition: Battle of the Buildings. These buildings are going head to head to improve energy efficiency, and find out who can be the biggest energy loser in the third annual EPA and Energy Star-sponsored competition

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

USDOJ

USGBC Joins Group Celebrating Updated Energy Efficiency Rules for New U.S.-Backed...

The U.S. Green Building Council (USGBC), the leading authority on green building and the global developer of the LEED green building program, joined advocates and industry groups today in welcoming newly adopted energy codes for federally supported homes across the U.S.