NeighborWorks America to Distribute $119 Million in Grants in 2010
March 15, 2010 Posted by NeighborWorks
Grants are a much-needed boost for community development efforts
Washingon, DC - March 15, 2010 - (RealEstateRama) — At a time when communities need resources most, thousands across the nation will receive a much-needed affordable housing and community development boost as NeighborWorks America distributes more than $119 million in flexible grants to its national network of more than 230 local nonprofit NeighborWorks organizations
President’s 2011 Budget Proposal Boosts Affordable Housing and Homelessness Assistance
February 2, 2010 Posted by RealEstateRama
Washington, DC - February 2, 2010 - (RealEstateRama) — President Obama unveiled his Fiscal Year (FY) 2011 budget request. The budget has significant provisions that address the needs of poor and vulnerable people struggling to maintain housing and stability in this uncertain economic climate. Despite the good news for many homeless programs, much work remains to be done to provide solutions to those who have been homeless over time, as well as those made newly homeless by the poor economy.
Federal Home Loan Bank of San Francisco Awards $35.3 Million in Affordable Housing Program Grants in Six States
December 22, 2009 Posted by RealEstateRama
San Francisco, CA - December 22, 2009 - (RealEstateRama) –The Federal Home Loan Bank of San Francisco awarded $35.3 million in Affordable Housing Program (AHP) grants in the second round of the 2009 competition. The AHP grants, awarded to 49 projects that address the unique needs of individual communities, will produce 3,458 affordable housing units in Arizona, California, Colorado, Idaho, Oklahoma, and Texas.
Goldman Sachs announces $61 MM investment in affordable housing
December 4, 2009 Posted by RealEstateRama
NEW YORK, NY - December 4, 2009 - (RealEstateRama) — The Goldman Sachs Urban Investment Group announced today an investment of $61 million to support the preservation of more than 500 affordable rental homes for low-income New Yorkers. The investment will go to the New York Equity Fund (NYEF) and represents the largest single investment in the fund’s history.
Goldman Sachs Announces $61 Million Investment in Affordable Housing
December 2, 2009 Posted by RealEstateRama
New York, NY - December 2, 2009 - (RealEstateRama) — The Goldman Sachs Urban Investment Group announced today an investment of $61 million to support the preservation of more than 500 affordable rental homes for low-income New Yorkers. The investment will go to the New York Equity Fund (NYEF) and represents the largest single investment in the fund’s history.
NAR Grants $50,000 to Fund Local Realtor® Affordable Housing Activities
November 25, 2009 Posted by NAR
Washington, DC - November 25, 2009 - (RealEstateRama) — To help promote and expand local affordable housing opportunities in communities across the country, the National Association of Realtors® has awarded $50,950 to 16 local and state Realtor® associations through the Housing Opportunity Fund grants program
NLIHC’s Sheila Crowley Testifies in Support of Bills that Provide Affordable Housing for the Elderly and Disabled
October 30, 2009 Posted by NLIHC
Washington, DC - October 30, 2009 - (RealEstateRama) — National Low Income Housing Coalition President Sheila Crowley testified before the Senate Banking, Housing and Urban Affairs Subcommittee on Housing, Transportation and Community Development today in support of legislation that would reform the Section 202, housing for seniors, and Section 811, housing for people with disabilities, programs.
Frank Applauds White House Announcement on the Affordable Housing Trust Fund
October 29, 2009 Posted by House Financial Services Committee
Washington, DC - October 29, 2009 - (RealEstateRama) — Today, House Financial Services Committee Chairman Barney Frank (D-MA) released the following statement in response to the White House’s announcement regarding the National Affordable Housing Trust Fund. In October of 2007, the House of Representatives approved legislation to create the National Affordable Housing Trust Fund, which was created with the goal of producing, rehabilitating and preserving 1.5 million rental housing units over the next 10 years, but so far has yet to be funded.
ENTERPRISE COMMITS $4 BILLION TO ACCELERATE GREEN AFFORDABLE HOUSING NATIONWIDE, LAUNCHES NEXT GENERATION OF ENTERPRISE GREEN COMMUNITIES
October 21, 2009 Posted by RealEstateRama
WASHINGTON, D.C. - October 21, 2009 - (RealEstateRama) — Making a bold move for systemic change in green affordable housing, Enterprise today announced a groundbreaking $4 billion commitment to launch the next generation of its Green Communities initiative. One of the largest private investments ever in green affordable housing, this commitment will accelerate catalytic change in the affordable housing industry and create significant positive impact in the lives of lowincome individuals and families across the country. As a cornerstone to the announcement, the organization also released the first-of-its-kind study proving the overall return on investment and cost effectiveness of meeting the Enterprise Green Communities Criteria when building affordable housing
Fenty Announces Plans for 56 Units of Affordable Housing in NE
September 9, 2009 Posted by RealEstateRama
Washington, DC - September 9, 2009 - (RealEstateRama) — Mayor Adrian M. Fenty announced the District selected a development team led by Denning Development, Urban Matters Development Partners and Beulah Community Improvement to build 56 new affordable townhome on a city-controlled site a Dix Street and Eastern Avenue in Ward 7
