Housing & Development

WASHINGTON, DC - March 22, 2012 - (RealEstateRama) -- Every day across this country, hundreds of community-based foundations are improving the lives of residents and the neighborhoods where they live. These foundations often do their philanthropic work without much recognition – until now. The U.S. Department of Housing and Urban Development (HUD) is collaborating with the Council on Foundations in the launch of a new awards program to recognize community foundations for the excellent work they do along with their public partners in the area of housing and community development

NEW BRUNSWICK, N.J. - March 22, 2012 - (RealEstateRama) -- The first residents have begun moving into The Vue, the new luxury building in the heart of downtown New Brunswick featuring a unique mix of rental residences and Penthouse condominiums and dir...

WASHINGTON, D.C. - March 21, 2012 - (RealEstateRama) -- Students at two universities will benefit from improved residential construction management programs due to grants from the Homebuilding Education Leadership Program (HELP) of the National Housing Endowment, the philanthropic arm of the National Association of Home Builders (NAHB). The grants were announced at the NAHB Student Chapter Award Ceremony at the International Builders’ Show in Orlando in February.

MORRISTOWN, N.J - March 21, 2012 - (RealEstateRama) -- Dr. Avi Nahum and Jean Holloway were enjoying life in a beautiful condo in one of Minneapolis’ most desirable, pedestrian-friendly neighborhoods when Mrs. Holloway was offered a job with a medica...

WASHINGTON, D.C. - March 21, 2012 - (RealEstateRama) -- Long-time local builder and developer Kevin Kelly, president of Leon N. Weiner and Associates, met recently with HUD Secretary Shaun Donovan and Federal Reserve Chairman Ben Bernanke to discuss problems affecting the home building industry and policies that will help the housing market recover.

Torrance, CA - March 21, 2012 - (RealEstateRama) -- Already a leading builder of campus buildings and laboratories, C.W. Driver will make its mark on one of the world’s preeminent research institutions when it completes six simultaneous projects at t...

Asheville , NC - March 21, 2012 - (RealEstateRama) -- Bill and Meg Conrad from Alexandria, VA had been looking for a second home in Asheville, North Carolina for some time, when they heard of brand new luxury condos and an ownership concept that was intriguing to them.

Columbia, MD - March 20, 2012 - (RealEstateRama) -- Howard County Housing will host the 6th annual Come Home to Howard County Housing Fair on Saturday, April 14 from 10 a.m. to 2 p.m. at Long Reach High School, 6101 Old Dobbin Lane in Columbia. The eve...

Washington, D.C. - March 20, 2012 - (RealEstateRama) -- The Center for Green Schools at the U.S. Green Building Council (USGBC) today released the Green Classroom Professional Certificate (GCP). This certificate program provides pre-K–12 teachers, paraprofessionals, administrators and parents with the knowledge and skills to support environmentally healthy, resource efficient and sustainable schools and classrooms. The GCP has been officially endorsed by the National Education Association (NEA).

WASHINGTON, D.C. - March 20, 2012 - (RealEstateRama) -- Construction employment declined in 111 out of 337 metropolitan areas between January 2011 and January 2012, increased in 169 and stayed level in 57, according to a new analysis of federal employment data released today by the Associated General Contractors of America. The new construction employment data comes out amid growing concerns within the business community about Washington's failure to enact a number of long-term infrastructure measures.

WASHINGTON, D.C. - March 20, 2012 - (RealEstateRama) -- Nationwide housing starts edged down 1.1 percent to a seasonally adjusted annual rate of 698,000 units in February, according to newly released figures from the U.S. Commerce Department. This was the second-best pace of new construction since October of 2008 following an upwardly revised 706,000-unit pace in January.

New York, NY - March 19, 2012 - (RealEstateRama) -- The New York City Housing Authority applauds and welcomes City Council Speaker Christine C. Quinn’s announcement today that NYCHA will receive $10 million from the City Council to help fund repairs ...

Washington, DC - March 19, 2012 - (RealEstateRama) -- Rockland County’s Office of Community Development was awarded a $556,106 Continuum of Care Homeless Assistance grant from the Department of Housing and Urban Development to provide assistance to h...

CAMDEN, N.J. - March 19, 2012 - (RealEstateRama) -- New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony L. Marchetta today joined Camden Mayor Dana Redd, Camden County freeholders, and other local officials to celebrate the...

BOSTON, MA - March 19, 2012 - (RealEstateRama) -- Senators John Kerry and Scott Brown, along with Congressmen Edward Markey, John Olver, James McGovern, and Stephen F. Lynch, today announced that Massachusetts will receive more than $3.5 million from t...

Washington, DC - March 19, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) has sent a final rule to the Federal Register on private transfer fees. The final rule limits Fannie Mae, Freddie Mac and the Federal Home Loan Banks from dealing in mortgages on properties encumbered by certain types of private transfer fee covenants and in certain related securities. Transfer fees are contractual arrangements where an owner pays a fixed amount or a percentage of the sales price at the time of transferring the property.

Washington, DC - March 19, 2012 - (RealEstateRama) -- Fannie Mae and Freddie Mac completed more than 2.1 million foreclosure prevention actions since the start of conservatorship including 1.1 million permanent loan modifications. These actions, designed to help borrowers stay in their homes, are detailed in the Federal Housing Finance Agency’s fourth quarter 2011 Foreclosure Prevention and Refinance Report. The report also shows that after nine months, fewer than 20 percent of Enterprise loans modified in the four quarters ended March 31, 2011, had missed two or more payments, an improvement over prior years.

WASHINGTON, D.C. - March 19, 2012 - (RealEstateRama) -- The green share of new single-family residential construction has grown dramatically—increasing from two percent in 2005 to 17 percent in 2011, according to McGraw-Hill Construction. Builders and remodelers looking to expand their knowledge of building green, and find out where the market is going, are invited to attend the 2012 National Green Building Conference and Expo in Nashville April 29-May 1.

WASHINGTON, D.C. - March 19, 2012 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes was unchanged in March from a revised level of 28 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. This means that following five consecutive months of gains, the HMI is now holding at its highest level since June of 2007.

JEFFERSONVILLE, IND - March 19, 2012 - (RealEstateRama) -- So much for the winter doldrums for area realtors. According to the latest housing data compiled by RE/MAX of Indiana, the Southern Indiana real estate market recorded strong growth for the ear...