HUD sets 2013 Rent & Income Limits for Section 8 and Low-Income Housing Tax...
WASHINGTON, D.C. - January 08, 2012 - (RealEstateRama) -- The Housing and Economic Recovery Act (HERA) of 2008 made statutory changes to how income limits are calculated for LIHTC and bond-financed properties. HERA protected owners from rent decreases in 2009, and established a new system for owners to hold their income limits and rents harmless beginning in 2010.
Tom Bermingham Joins USAA Real Estate Company’s Northeast U.S. Office as Managing Director, Investments
San Antonio, TX - January 08, 2012 - (RealEstateRama) -- USAA Real Estate Co. is pleased to welcome Thomas V. Bermingham as managing director of investments, overseeing acquisition, development and joint venture opportunities for USAA Real Estate Co.’s newly opened Northeast regional office, located in New York City. In his role, Bermingham will work with USAA’s investment management team to refine asset strategy in key northeast markets including New York, New Jersey, Connecticut and Boston.
NREL to Help Convert Methane to Liquid Diesel
WASHINGTON, D.C. - January 04, 2012 - (RealEstateRama) -- The U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) will help develop microbes that convert methane found in natural gas into liquid diesel fuel, a novel approach that if successful could reduce greenhouse gas emissions and lower dependence on foreign oil.
CRIMSON REAL ESTATE FUND AND USAA REAL ESTATE COMPANY ANNOUNCE BUILD-TO-SUIT FOR TGS
Houston, TX - January 03, 2012 - (RealEstateRama) -- Crimson Real Estate Fund, L.P. (CREF), and its co-investment partner, USAA Real Estate Company, have acquired eight acres of land in west Houston to build a new headquarters for TGS-Nopec Geophysical Company (TGS). At approximately 97,500 rentable square feet, the 3-story office building and 408 surface parking spaces will be built on Clay Road, near Beltway 8.
Housing and Urban Development and Census Bureau Expand Access to Detailed Information on Nation’s...
WASHINGTON, D.C. - January 03, 2012 - (RealEstateRama) -- Nearly 20 percent of recent movers identified “convenience to job” as the most important factor in their choice of neighborhood in 2011, according to the American Housing Survey, the definitive source of information on the quality of housing in the United States. For the first time ever, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development have made survey results available on the Census Bureau’s American
Lawyers’ Committee Files Suit on Behalf of Distressed Homeowners who Lost Thousands to Alleged...
New York, NY - December 21, 2012 - (RealEstateRama) -- The Lawyers' Committee for Civil Rights Under Law (Lawyers' Committee) and pro bono counsel McDermott Will & Emery LLP (McDermott) filed a lawsuit, Culliver et al. v. Alarcon Law Group, P.C. et al., in Kings County, New York on behalf of 17 homeowners from New York and nine other states against a network of for-profit loan modification companies. The suit alleges that defendants, led by New York attorney Rory M. Alarcon, defrauded vulnerable homeowners out of tens of thousands of dollars by falsely promising—for substantial upfront fees and also monthly membership fees—to obtain much-needed mortgage modifications on their behalf, but consistently failing to deliver results.
SLOW ECONOMIC RECOVERY KEEPS PRESSURE ON U.S. CITIES’ EMERGENCY FOOD AND SHELTER SERVICES
Washington, D.C. - December 21, 2012 - (RealEstateRama) -- A survey report issued just days before the threatened sequestration of federal funding forecasts the need for more, not less, spending in the year ahead to support of growing numbers of hungry and homeless families and individuals in America’s cities. The pending fiscal cliff and sequestration cuts to local social programs could stress already stretched programs designed to serve people in need as automatic cuts are expected if Congress and President fail to reach a budget deal prior to December 31.
TENANTS CALL ON CONGRESS AND SENATE TO SAVE AFFORDABLE HOUSING IN FISCAL CLIFF NEGOTIATIONS
NEW YORK, NY - December 20, 2012 - (RealEstateRama) -- Today, the New York State Tenants & Neighbors Coalition joined a group of low-income tenants who live in government-subsidized affordable housing in New York State in sending over 1,000 postcards to House of Representatives Speaker John Boehner and U.S. Senate Majority Leader Harry Reid, calling on them to fully fund the U.S. Department of Housing and Urban Development (HUD) budget. Low-income tenants are extremely concerned about the ongoing "fiscal cliff" negotiations, and potential cuts to the HUD budget that could affect thousands of low-income renters who rely on federal housing subsidies.
Elizabeth Arden Spas Sets Up Offi ce in Downtown Tempe With 11-Year Lease
TEMPE, AZ - December 18, 2012 - (RealEstateRama) -- Elizabeth Arden Spas has signed an 134-month, 13,021 SF lease at Tempe Gateway, 222 S. Mill Ave. in Downtown Tempe to serve as their retail operations hub for the U.S.
Report: Millions of Renters at Risk of Eviction and Homelessness
WASHINGTON, D.C. - December 17, 2012 - (RealEstateRama) -- The National Law Center on Homelessness & Poverty released a report showing that, for many low-income renters, the Protecting Tenants at Foreclosure Act is all that stands between housing and homelessness. But if Congress fails to act, that law will expire at the end of 2014.
NREL Employees and Managing Partner Pledge $500,000 to Aid Area Charities
WASHINGTON, D.C. - December 14, 2012 - (RealEstateRama) -- The employees of the National Renewable Energy Laboratory (NREL) and the Alliance for Sustainable Energy, LLC, have pledged more than $500,000 to support local charities during the lab’s annual holiday giving campaign.
JOHNSON STATEMENT ON RENTAL HOUSING ASSISTANCE HEARING
WASHINGTON, DC - December 12, 2012 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Tim Johnson (D-SD) held a hearing on the Department of Housing and Urban Development’s rental housing assistance programs. The Committee heard from HUD Assistant Secretary for Public and Indian Housing Sandra B. Henriquez
VA’s National Director for Homeless Programs Wins Award
WASHINGTON, DC - December 12, 2012 - (RealEstateRama) -- Lisa M. Pape, the national director, Veterans Health Administration (VHA) homeless programs within the Department of Veterans Affairs, has been named recipient of the 2012 Knee – Wittman Award for outstanding achievement in health and mental health policy.
VA Also Announces $300 Million to Expand Homeless Prevention Program
WASHINGTON, DC - December 11, 2012 - (RealEstateRama) -- The Departments of Veterans Affairs and Housing and Urban Development (HUD) today announced that a new national report shows that homelessness among Veterans has been reduced by approximately 7 percent between January 2011 and January 2012. The decline keeps the Obama Administration on track to meet the goal of ending Veteran homelessness in 2015.
Seven Things All Homeowners Should Know About Their Homeowners Insurance Policies
Washington, D.C. - December 10, 2012 - (RealEstateRama) -- Reviewing a homeowners’ insurance policy can be challenging, but with more insurers inserting provisions to shift risk and costs to homeowners, a careful read is more important than ever. To help with the process, the Consumer Federation of America (CFA) and United Policyholders (UP) released a list of the top seven things that all homeowners should know about their policies.
ConsensusDocs To Offer Package of Select Contract Documents for Free
WASHINGTON, DC - December 10, 2012 - (RealEstateRama) -- ConsensusDocs is making available a new free package of standard contract documents to make the design and construction bidding process easier for all involved parties. The contract document coalition is making its Prequalification Forms Package available for free so firms can bid on projects that require ConsensusDocs contracts without having to pay for the prequalification documents
MAYOR BLOOMBERG, HUD SECRETARY DONOVAN AND REAL ESTATE INDUSTRY GROUPS ANNOUNCE THE LAUNCH OF...
New York, NY - December 7, 2012 - (RealEstateRama) -- Mayor Michael R. Bloomberg, U.S. Department of Housing and Urban Development Secretary Shaun Donovan, New York City Department of Housing Preservation and Development Commissioner Mathew M. Wambua, ...
Long Branch Business League Holds first ever “Discover Long Branch!” event: More to...
Silver Spring, MD - December 7, 2012 - (RealEstateRama) -- If you were driving down Flower Avenue Monday evening and, ever since, have been fearing for your sanity, put your mind at ease: that really was an eight-foot tall tricycle moving down the side...
Rebuilding Together Elects Five New Members to Their National Board of Directors
Washington, D.C. - December 7, 2012 - (RealEstateRama) -- Rebuilding Together has elected Carrie Petty, Mary Busey Harris, Meredith Rosenberg, Jane Eskelund, and Sherry Chris to their National Board of Directors in Washington, D.C.
As Senate Committee Holds Hearing on FHA Fiscal Problems, Bipartisan House Bill Waits for...
Washington, DC - December 7, 2012 - (RealEstateRama) -- As the Senate Banking, Housing and Urban Affairs Committee meets today for a hearing on the fiscal challenges facing the Federal Housing Administration (FHA), bipartisan legislation approved 402-7 in the House to help the FHA meet those challenges awaits Senate action.












