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Sanders Secures $380,000 for Senior Housing

June 30, 2011 - (RealEstateRama) -- Sen. Bernie Sanders announced funding today for the construction of 25 affordable rental homes for seniors in Vergennes, Vt., that will both address the shortage of affordable housing for seniors and utilize advan...

Carson to HELP BREAK GROUND on downtown HOUSING development

INDIANAPOLIS, IN - June 29, 2011 - (RealEstateRama) -- Congressman André Carson will join the Indianapolis Housing Agency (IHA) and local officials to break ground Wednesday on a $30 million project that will revitalize Lugar Tower in downtown Indianapolis and build a brand new mixed-use, mixed-income development at the tower’s base.

US Labor Department announces nearly $84 million for career training and housing assistance to...

WASHINGTON, DC - June 29, 2011 - (RealEstateRama) -- The U.S. Department of Labor today announced $83,941,360 in grants through the National Farmworker Jobs Program to combat the chronic unemployment and underemployment experienced by migrant and seasonal farmworkers who depend primarily on agricultural labor jobs. A total of $78,253,180 will go to 52 organizations nationwide to provide training, employment and support services for farmworkers and their families. An additional $5,688,600 will go to 16 organizations to provide temporary or permanent housing assistance

HUD ANNOUNCES FINAL RULE SETTING STANDARDS FOR STATE COMPLIANCE WITH SAFE ACT

WASHINGTON, DC - June 29, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced publication of a final rule setting the minimum standards that states must meet to comply with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) in licensing mortgage loan originators. The final rule is posted for public display on the Federal Register’s Electronic Public Inspection Desk today and will be published in tomorrow's Federal Register.

Interior Design – Lighting Fixtures

June 28, 2011 - (RealEstateRama) -- Every home needs to have the lighting arrangements for all rooms, let it be residential or commercial places. Owning your own home is fun and exciting. You can do anything you want and there are so many exciting things available now days to improve it and change the look of your old home by remodeling.

ABA TESTIFIES ON COMMUNITY BANK ACCESS TO SECONDARY MORTGAGE MARGET

WASHINGTON, DC - June 28, 2011 - (RealEstateRama) -- The American Bankers Association testified today on the need to ensure small banks have access to the secondary mortgage market, calling for workable and clear underwriting standards for all mortgage loans and a reduced government role in housing finance.

LONGTIME ORANGE COUNTY DEVELOPER JOINS CT REALTY INVESTORS BOARD OF DIRECTORS

ALISO VIEJO, CA - June 27, 2011 - (RealEstateRama) -- David L. Ball, president of Arnel Development Co. in Costa Mesa, Calif., has joined the board of directors for CT Realty Investors. Ball has nearly 30 years of commercial and residential real estate development and lending experience. As president of Arnel Development, a subsidiary of Arnel & Affiliates, Ball is responsible for overseeing all real estate investment and development activities, joint ventures and real estate-related banking relationships. A member of the Arnel management team since 1983, Ball has developed more than one million square feet of retail space, numerous apartment projects, hundreds of single-family homes, and nearly 500,000 square feet of office space. He has also engineered numerous investments involving land development and industrial parks on behalf of Arnel.

KTGY Principal Manny Gonzalez, AIA, LEED AP to Speak at NAHB Webinar, “Emerging Trends...

IRVINE, CA - June 27, 2011 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture + Planning, is pleased to announce that KTGY Principal Manny Gonzalez, AIA, LEED AP, CAASH, has been invited to be a featured speaker in an upcoming webinar presented by the National Association of Home Builders (NAHB) on July 6, from 2:00-3:00 p.m. EDT.

Remodelers and Homeowners weigh in on new EPA regulations

Des Plaines, IL - June 27, 2011 - (RealEstateRama) -- A nationwide survey of remodeling contractors by the National Association of the Remodeling Industry (NARI) reveals a significant increase in the cost of a remodeling project due to current federal regulation. Regulation that according to survey results, is unwelcome to homeowners who do not have small children living in their home. And regulation that is certain to negatively impact scores of small remodeling businesses.

Yonkers Mayor Amicone, Westchester County Executive Astorino, and L+M Development Partners Inc. Celebrate the...

Yonkers, NY - June 27, 2011 - (RealEstateRama) -- Mayor Philip A. Amicone, Chairman of the Yonkers Industrial Development Agency (IDA) joined Westchester County Executive Rob Astorino, city and county legislators and Ron Moelis the CEO of L+M Development Partners Inc. (L+M) for the ceremonial opening of 330 Riverdale, a brand new, multifamily housing development in Yonkers.

Majority Say Banks Should Pay Foreclosure Victims

Destin, FL - June 27, 2011 - (RealEstateRama) -- Homeowners who have suffered through illegal foreclosures to become victims at the hands of bankers should be financially compensated by the lenders, according to a new Housing Predictor opinion poll.

NEW HUD STUDY: $26 BILLION IN MAJOR REPAIRS NEEDED IN PUBLIC HOUSING

WASHINGTON, DC - June 27, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today released a study that finds the nation’s 1.2 million public housing units need an estimated $25.6 billion for large scale repairs. This study updates a 1998 analysis and includes costs to address overdue repairs, accessibility improvements for disabled residents, lead abatement, and water and energy conservation that would make the homes more cost effective and energy efficient.

NEW HUD STUDY: $26 BILLION IN MAJOR REPAIRS NEEDED IN PUBLIC HOUSING

WASHINGTON, DC - June 24, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today released a study that finds the nation’s 1.2 million public housing units need an estimated $25.6 billion for large scale repairs. This study updates a 1998 analysis and includes costs to address overdue repairs, accessibility improvements for disabled residents, lead abatement, and water and energy conservation that would make the homes more cost effective and energy efficient

Get Free Advice on Protecting Your Home From Future Disasters at Five Arkansas Locations

LITTLE ROCK, AR - June 24, 2011 - (RealEstateRama) -- Homeowners rebuilding after the spring storms and floods, or those planning for future emergencies, can receive valuable information from specialists with the Federal Emergency Management Agency ...

HUD ANNOUNCES $210 MILLION IN INITIAL INDIAN HOUSING BLOCK GRANTS

WASHINGTON, DC - June 24, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced nearly $210 million in Indian Housing Block Grant (IHBG)allocations to 146 tribes in 25 states (see attached list). Thesefunds are distributed each year based on a formula to eligible Indian tribes or their tribally designated housing entities for a range of affordable housing activities.

NAHB Study Finds Loan Limit Declines a Discouraging Prospect for Recovering Housing Market

WASHINGTON, D.C. - June 24, 2011 - (RealEstateRama) -- A drop in some mortgage loan limits for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and the Federal Housing Administration scheduled to occur on Oct. 1 will reduce housing demand and place downward pressure on home prices in major housing markets, according to a new study from the Economics and Housing Policy Group at the National Association of Home Builders (NAHB).

New-Home Sales Decline 2.1 Percent in May, Holding Above First Quarter Average

WASHINGTON, D.C. - June 24, 2011 - (RealEstateRama) -- Sales of newly built, single-family homes declined 2.1 percent to a seasonally adjusted annual rate of 319,000 units in May, according to figures released by the U.S. Commerce Department today. The decline only partially offsets a larger gain that was registered in April."Today's report indicates that new-home sales are holding fairly steady at a relatively low rate, with both April and May sales numbers running above the first-quarter average," noted Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev. "In view of the slow progress of economic recovery and the challenges builders continue to face with regard to rising materials prices, access to construction credit, competition from foreclosed homes and inaccurate appraisals, the averages for the last two months combined represent some very slow improvement which should continue as expected economic gains boost consumer confidence."

Remarks by Under Secretary Jeffrey A. Goldstein before the National Housing Conference’s Policy Summit...

WASHINGTON, D.C. - June 24, 2011 - (RealEstateRama) -- Good morning. Thank you, Maureen, for that kind introduction, and thanks to the National Housing Conference for inviting me here this morning. I’m glad to have the opportunity to talk about the future of housing finance, and also to hear your thoughts on how we can best move forward.

Colliers International Negotiates Sale of 38,014-Square-Foot Industrial Building in Camarillo, Calif.

Camarillo, CA - June 24, 2011 - (RealEstateRama) -- Colliers International, the second largest global real estate services organization, recently directed the sale of a 38,014-square-foot industrial building located at 251 Camarillo Ranch Rd., Camarillo, Calif. to Zindagi Games, Inc. The sale was valued at approximately $3.8 million.

ENERGY-SAVING HOME PROMPTS INCREASED INTEREST IN RURAL DEVELOPMENT’S HOUSING PROGRAMS

Washington, D.C. - June 23, 2011 - (RealEstateRama) -- Agriculture Under Secretary for Rural Development Dallas Tonsager today highlighted a growing interest in energy-efficient home building. He said builders and nonprofit organizations throughout the country have been calling USDA Rural Development and especially the Kentucky State Office to learn more details about an affordable, energy-efficient home that USDA helped finance. Recently, USDA featured the home and a story about its 73-year-old owner, a widow who had never owned a home before, on the USDA blog. That blog post resulted in a significant response from readers.

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