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Rahall Announces Funding for Veterans Supportive Housing

WASHINGTON, D.C. - July 15, 2011 - (RealEstateRama) -- U.S. Rep. Nick Rahall (D-W.Va.) Thursday announced two southern West Virginia housing programs will receive grant funding from the U.S. Department of Housing and Urban Development (HUD) to provide housing assistance to homeless veterans.

Boxer Praises $10.5 Million in Housing Assistance for Homeless Veterans in California

Washington, D.C. - July 15, 2011 - (RealEstateRama) -- U.S. Senator Barbara Boxer (D-CA) today praised U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan’s announcement that the agency has awarded more than $10.5 million in federal grants to provide housing for homeless veterans in California. Grants will be distributed as 1,125 housing assistance vouchers by local housing agencies that have partnered with VA medical centers to benefit veterans all across the state.

Ground breaking for Del Rey Senior Affordable Housing

Los Angeles, CA - July 15, 2011 - (RealEstateRama) -- The Del Rey Square Senior Housing Project is a new affordable housing community at 11976 Culver Boulevard in West Los Angeles. The project will contain 124 units (4 studios, 119 one-bedroom units and 1 two-bedroom manager’s unit) that will be targeted to households earning 60% of AMI or less. 30 of these units will be public housing units targeting senior and disabled households. The project is unique in its location on the Westside of Los Angeles, which suffers from a severe lack of affordable housing.

Halstead Property Development Marketing To Participate In The Downtown New Development Open House Tour

New York, NY - July 15, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced they will participate in The Downtown New Development Open House Tour, a joint open house with other top brokerages in New York City, on Wednesday, July 20.

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR PENNSYLVANIA STORM VICTIMS

WASHINGTON, DC - July 15, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the Commonwealth of Pennsylvania and provide support to homeowners and low-income renters forced from their homes following severe storms and flooding in April.

CONGRESSMAN RUBÉN HINOJOSA ANNOUNCES NEARLY $4 MILLION IN GRANT MONEY FOR CONGRESSIONAL DISTRICT 15...

July 14, 2011 - (RealEstateRama) -- Congressman Rubén Hinojosa announced federal grants totaling $3,865,238 will be distributed to Housing Authorities throughout Congressional District 15 of Texas for projects which include new construction of homes, renovations and upgrades of old homes and create computer centers in public housing neighborhoods. Twenty five housing authorities in the Congressional District 15 of Texas will benefit from this grant.

RI Receives Almost $12.7 Million to Improve Affordable Housing

WASHINGTON DC - July 14, 2011 - (RealEstateRama) -- U.S. Senator Jack Reed (D-RI) today announced that twenty-five Rhode Island cities and towns will receive a total of nearly $12.7 million in federal funding to develop, finance, and/or modernize pu...

News Releases HOMELESS VETERANS: Senator Murray Announces Funding for Public Housing Authorities in Washington...

Washington, D.C. - July 14, 2011 - (RealEstateRama) -- Today, U.S. Senator Patty Murray (D-WA), Chairman of the Senate Housing Appropriations Subcommittee and the Senate Veterans’ Affairs Committee, announced that a total of 175 housing vouchers w...

CONSTRUCTION MATERIAL COSTS OUTRUN FINISHED BUILDING PRICES IN JUNE, SUBJECTING CONTRACTORS TO PRICE SQUEEZE...

WASHINGTON, D.C. - July 14, 2011 - (RealEstateRama) -- Construction costs again outpaced other producer prices in June but contractors remained unable to recoup the costs through higher bid prices, according to an analysis of producer price index figures released today by the Associated General Contractors of America. Association officials said the ongoing cost squeeze will put new pressure on construction firms to reduce staff and possibly close.

National Association of Home Builders Honors the Year’s Best Apartments and Condos

WASHINGTON, D.C. - July 14, 2011 - (RealEstateRama) -- The National Association of Home Builders (NAHB) announced the finalists today in the 2011 NAHB Multifamily Pillars of the Industry Awards, which honors the best and most creative work in multifamily housing. Finalists represent a wide array of projects featuring innovative concepts and trends in multifamily housing such as green and energy efficient features, community amenities and proximity to public transportation.

HUD, VA TO PROVIDE PERMANENT HOUSING AND SUPPORT TO THOUSANDS OF HOMELESS VETS

WASHINGTON, DC - July 14, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan and U.S. Department of Veterans Affairs Secretary Eric K. Shinseki announced today that HUD will provide $46.2 million to public housing agencies in all 50 states and the District of Columbia to supply permanent housing and case management for 6,790 homeless veterans in America.

EMERGENCY HOMEOWNERS’ LOAN PROGRAM PRE-APPLICATION DEADLINE APPROACHING

Washington D.C. - July 14, 2011 - (RealEstateRama) -- The deadline for homeowners to qualify for the Emergency Homeowners’ Loan Program (EHLP) is rapidly approaching with all Pre-Applicant Screening Worksheets due by Friday, July 22, 2011.The EHLP, launched by the U.S. Department of Housing and Urban Development (HUD) in conjunction with NeighborWorks® America in June, is designed to help homeowners who are at risk of foreclosure in 27 states across the country and Puerto Rico. The program assists homeowners who have experienced a reduction in income and are at risk of foreclosure due to involuntary unemployment or underemployment, due to economic conditions or a medical condition.Under EHLP guidelines eligible homeowners can qualify for an interest free loan which pays a portion of their monthly mortgage for up to two years, or up to $50,000, whichever comes first.

FEMA Specialists Offer Rebuilding Advice at Home Stores

Columbia, MO - July 14, 2011 - (RealEstateRama) -- Mitigation experts from the Federal Emergency Management Agency (FEMA) will be in Florissant to offer free rebuilding information and answer questions about how to strengthen property against future storm and flood damage.

Royce Legislation Passes Committee, Eliminates Housing Trust Fund

Washington, DC - July 13, 2011 - (RealEstateRama) -- Today, the House Financial Services Committee approved legislation introduced by Rep. Ed Royce (R-CA), the "Housing Trust Fund Elimination Act." Royce’s legislation eliminates the Affordable Housing Trust Fund established in 2008 as part of the Housing and Economic Recovery Act.

Funders Together to End Homelessness Announces Changes to Board of Directors

Boston, MA - July 13, 2011 - (RealEstateRama) -- Funders Together to End Homelessness, the national affinity group of philanthropies engaged in solving homelessness, today announced personnel changes to its board of directors, including changes in leadership and the election of two new board members.

NRMLA APPLAUDS APPOINTMENT OF GALANTE AS ACTING FHA COMMISSIONER

Washington, DC - July 13, 2011 - (RealEstateRama) -- National Reverse Mortgage Lenders Association applauds the announcement today by HUD Secretary Shaun Donovan that Carol Galante has been designated by President Barack Obama as the Acting FHA Commissioner and Assistant Secretary of Housing.

House Subcommittee Votes to Eliminate the National Housing Trust Fund

WASHINGTON, D.C. - July 13, 2011 - (RealEstateRama) -- In a vote of 18-14, the Capital Markets and Government Sponsored Enterprises subcommittee of the House Finance Committee voted yesterday to eliminate the National Housing Trust Fund.

HUD SETTLES ALLEGATIONS THAT PROSPECT MORTGAGE VIOLATED RESPA AND FHA REPORTING REQUIREMENTS

WASHINGTON, DC - July 13, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced an agreement with Prospect Mortgage, LLC (Prospect) to settle allegations the California-based mortgage lender created sham affiliated business arrangements for the purpose of paying improper kickbacks or referral fees in violation of Federal Housing Administration (FHA) guidelines and the Real Estate Settlement Procedures Act (RESPA). Prospect agreed to dissolve these sham joint ventures and pay $3.1 million to resolve the complaint

RECENT HOMEBUYERS REVEL IN RESORT-INSPIRED LIFESTYLE AT LENNAR’S GREENBRIAR STONEBRIDGE

MONROE, NJ - July 13, 2011 - (RealEstateRama) -- Buyers at Lennar’s Greenbriar Stonebridge have something in common: once they tour the active adult community in Monroe Township, they can’t wait to start enjoying the resort-like lifestyle it offers.

HUD AWARDS $1.9 BILLION TO IMPROVE, PRESERVE NATION’S PUBLIC HOUSING STOCK

WASHINGTON, DC - July 13, 2011 - (RealEstateRama) -- U.S. Department of Housing and Urban Development Secretary Shaun Donovan today awarded more than $1.9 billion to public housing authorities in all 50 states, the District of Columbia, Guam, Puerto Rico and the U.S. Virgin Islands. The funds will allow these agencies to make major large-scale improvements to their public housing units. View a full list of public housing authorities receiving funding.

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

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.