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Housing & Development

Housing & Development

HUD SUSPENDS FORMER PRESIDENT OF LEND AMERICA

WASHINGTON, DC - October 13, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced it is immediately suspending Michael Primeau, former President of Lend America, from doing any business with HUD following his admission that he engaged in a wide-scale mortgage fraud scheme. Specifically, Primeau pled guilty to charges he directed employees of Lend America, a former FHA-approved lender, to divert mortgage funds intended to pay off borrowers’ first mortgages at refinance closings in order to pay company operating expenses.

Greenbuild Conference & Expo Closes with Inspiring Words for the Future of Green Building

TORONTO - October 12, 2011 - (RealEstateRama) -- The U.S. Green Building Council’s (USGBC) annual Greenbuild International Conference & Expo concluded last Friday with a closing plenary session featuring Canadian Minister Lisa Raitt, Minister of Labour; First polar explorer to lead a team to both North and South poles, Robert Swan; Principal at John Picard & Associates and natural systems expert, John Picard; Australian artist/technologist and Director of NYU’s xdesign Environmental Health Clinic, Natalie Jeremijenko, and other international thought leaders. Mayor Michael Bloomberg’s New York City office was presented with the 2011 Leadership Award, commemorating the Mayor’s extensive sustainability efforts throughout the city.

THE MARKETING DIRECTORS PROMOTES KRISTINA HEDDEN TO MARKETING MANAGER

NEW YORK, NY - October 12, 2011 - (RealEstateRama) -- The Marketing Directors, Inc., the leading Manhattan-based residential real estate marketing and sales/leasing firm, has promoted Kristina Hedden to the position of Project Manager.

LARKEN ADDS FIVE TENANTS AT THE SHOPPES AND OFFICES AT WOOD’S TAVERN

HILLSBOROUGH, N.J. - October 12, 2011 - (RealEstateRama) -- Larken Associates has announced the addition of five new tenants at The Shoppes and Offices at Wood’s Tavern, the renovated two-building retail and office complex located at the intersection of Route 206 and Amwell Road in the heart of the Somerset County Town of Hillsborough.

Temporary Housing Operation Begins For Eligible Texas Wildfire Survivors

AUSTIN, TX - October 12, 2011 - (RealEstateRama) -- Temporary housing units are rolling out this week to eligible Texans whose homes were severely damaged or destroyed during the recent wildfires, officials from the state and the Federal Emergency Mana...

HUD CHARGES UTAH HOMEOWNER ASSOCIATION, CONDO OWNERS WITH DISCRIMINATING AGAINST VETERAN WITH A DISABILITY

WASHINGTON, DC - October 11, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced it is charging a Park City, Utah homeowner association, property management company, and a group of condominium owners with violating the Fair Housing Act for refusing to accommodate a tenant who required an emotional support dog because of a disability. HUD brings the charges on behalf of the tenant, a Gulf War veteran with a disability

HUD CHARGES UNIVERSITY OF NEBRASKA AT KEARNEY WITH DISCRIMINATING AGAINST STUDENT WITH DISABILITIES

WASHINGTON, DC - October 11, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development announced today that it is charging the University of Nebraska at Kearney and five of its employees with violating the Fair Housing Act when they refused to grant a student permission to have a therapy dog live in her University-owned apartment and illegally inquired into the nature and severity of the student’s disabilities. The student, who required the dog in order to cope with depression and anxiety, was seeking an exception to the University’s no-pet policy as a disability-related “reasonable accommodation” under the Fair Housing Act.

Call for Entries Now Open for the 2011 NAHB Custom Home Builder of the...

WASHINGTON, D.C. - October 11, 2011 - (RealEstateRama) -- Custom builders across the nation are invited to enter the National Association of Home Builders (NAHB) 2011 Custom Home Builder of the Year Award competition, sponsored by the Propane Education & Research Council

HUDSON REALTY CAPITAL FUNDS $8 MILLION NOTE ACQUISITION FINANCING FOR BROOKLYN, N.Y., INDUSTRIAL PROPERTIES

BROOKLYN, N.Y. - October 11, 2011 - (RealEstateRama) -- Manhattan-based Hudson Realty Capital LLC has funded $8 million in note acquisition financing secured by the debt on four industrial buildings, located in the Williamsburg section of Brooklyn, N.Y...

TREETOP DEVELOPMENT PURCHASES 115 UNIT ASPEN STRATFORD APARTMENTS IN NEWARK. N.J.

NEWARK, NJ - October 11, 2011 - (RealEstateRama) -- Aspen Stratford, a 115 unit HUD subsidized rental complex located at 19 and 29 Stratford Place in the Essex County, N.J. City of Newark, has been purchased by TreeTop Development.

American Institute of Architects Sends National Team of Experts to Assist Pratt, Alabama, Community...

Birmingham, AL - October 11, 2011 - (RealEstateRama) -- A team of national experts assembled by the American Institute of Architects (AIA) are heading to Alabama this week to assist storm damaged communities and residents in the development of a long-t...

Colliers International Completes 65-Unit Apartment Sale Totaling $11.980 Million in Costa Mesa, Calif.

Los Angeles, CA - October 11, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, has completed the sale of a seven story mid-rise, 110,000-square-feet office building, which will be converted...

HUD SECRETARY, U.S. SENATOR BROWN, MAYOR COLEMAN TO HIGHLIGHT HOW AMERICAN JOBS ACT WILL...

WASHINGTON, D.C. - October 10, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan, U.S. Senator Sherrod Brown and Columbus Mayor Michael Coleman toured the Commons at Third project, adjacent to Grandview to demonstrate how the President Obama's proposed American Jobs Act and Project Rebuild can help stabilize home prices, revitalize neighborhoods, create jobs, and support local economies throughout the City of Columbus.

Jones Lang LaSalle Reports Decrease in Vacancy Rates Across Manhattan Despite Slow Leasing Volume...

NEW YORK, NY - October 10, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced that despite slower leasing volume over the summer, vacancy rates have fallen in Manhattan in all office building classes and every submarket in the third quarter of 201...

HUD CHARGES NEW YORK REAL ESTATE COMPANY AND SALESPERSON WITH DISCRIMINATING AGAINST FAMILIES WITH...

WASHINGTON, DC - October 10, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging Metro Net Realty, LLC, a Queens, NY, real estate agency, and a salesperson for the agency with violating the Fair Housing Act by placing advertisements on Craigslist that discriminated against families with children. HUD brings the charge on behalf of the National Fair Housing Alliance (NFHA), alleging that the advertisements that stated “Looking For: Mature couple or single with no children” were evidence of an effort to exclude children from housing.

National Housing Conference taps Jeanne Engel as interim leader

WASHINGTON, D.C. - October 10, 2011 - (RealEstateRama) -- The National Housing Conference announced this week that Jeanne Engel will serve as its interim president and CEO. Engel’s appointment follows the Sept. 23 announcement of former CEO Maureen Friar’s resignation.

Pro-Housing Policies will Stimulate Job Growth

WASHINGTON, D.C. - October 10, 2011 - (RealEstateRama) -- While the nation may have added 103,000 new jobs in September, the employment report showed relative weakness, particularly as it relates to the residential construction sector, which remains far below its job-creation potential in the absence of policies to restore the health of the housing marketplace, according to the National Association of Home Builders (NAHB).

NAHB Honors the Year’s Best Apartments and Condos

WASHINGTON, D.C. - October 7, 2011 - (RealEstateRama) -- The National Association of Home Builders (NAHB) today announced the winners of the 2011 Multifamily Pillars of the Industry Awards. NAHB’s Pillars Awards, considered the most prestigious in the industry, honor excellence in multifamily housing development, design, marketing and management, and showcase future trends in the industry.

HUD AWARDS $28 MILLION IN GRANTS TO COMBAT HOUSING DISCRIMINATION

WASHINGTON, DC - October 6, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded more than $28 million to 84 fair housing organizations and other non-profit agencies in 33 states and the District of Columbia to assist people who believe they have been victims of housing discrimination (see attached). This is in addition to the $10 million funding for high performing fair housing enforcement organizations awarded last month

Number of Improving Housing Markets Nearly Doubles in October

WASHINGTON, D.C. - October 6, 2011 - (RealEstateRama) -- The second edition of the National Association of Home Builders/ First American Improving Markets Index (IMI), released today, shows 23 individual housing markets now qualifying as "improving" under the new gauge's parameters. This is nearly double the 12 housing markets that made the list last month.

Random HUD in News

The Washington Post

After butting heads with Trump administration, top HUD official departs agency

A top Department of Housing and Urban Development official is leaving the agency Thursday following disagreements with other members of the Trump administration over housing policy