Archives

West Hartford, CT - June 16, 2011 - (RealEstateRama) -- Building cleaners who have been picketing against a Goodrich Corp. cleaning contractor stepped up their protest Wednesday with a rally that drew more than 100 workers and area residents. The protest was aimed at cleaning contractor Jani-King of Hartford, which took over cleaning at the plant in May and refused to hire any the previous contractor's eight custodians, many of whom had worked at the facility for years.

NEW YORK, NY - June 16, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced that 30 percent of the units at Kirkman Lofts, a new residential condominium in DUMBO, Brooklyn, are currently under contract after just six weeks of sales.

WASHINGTON, D.C. - June 16, 2011 - (RealEstateRama) -- Rising energy prices, government incentives and enhanced public image are driving energy efficiency in buildings to new heights as a growing number of building owners race to reduce energy consumption, according to the results of the fifth annual, global Energy Efficiency Indicator survey

FRANKFORT, KY - June 16, 2011 - (RealEstateRama) -- Governor Steve Beshear today announced that during his administration the Commonwealth has generated $7.45 million in revenue by selling surplus state-owned real estate – evidence of further effic...

CLEVELAND, OH - June 16, 2011 - (RealEstateRama) --The Ohio Civil Rights Commission (OCRC) and Ohio Attorney General Mike DeWine today announced the settlement of a discrimination claim against the developers, designers, owners, and builders of Stonebridge Waterfront Apartments, Stonebridge Towers and Stonebridge Plaza (collectively, Stonebridge properties) located in Cleveland, Ohio.

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LANSING, MI - June 16, 2011 - (RealEstateRama) -- Governor Rick Snyder today announced the appointment of Creighton Weber to the Michigan Manufactured Housing Commission.

WASHINGTON, Dc - June 16, 2011 - (RealEstateRama) -- All across the U.S., public housing authorities are gearing up for Father’s Day weekend. The U.S. Department of Housing and Urban Development is excited that approximately 200 agencies across the nation answered HUD’s call to host Father’s Day 2011events this Saturday– the day before the official Father’s Day – to celebrate fatherhood, family and to support dads in staying connected with their children. To see what housing authorities are hosting events in your area, visit Father’s Day 2011 Housing Authorities.

NEW YORK, NY - June 16, 2011 - (RealEstateRama) -- Halstead Property Development Marketing and RGS Holdings, LLC, in conjunction with Goldman Sachs Urban Investment Group and JP Morgan Chase Community Development, today released data that shows 2280 FDB, a 12-story, 89-unit residential development on Frederick Douglass Boulevard between 122nd and 123rd Streets, commands the highest price paid per square foot at closing among Harlem developments

June 16, 2011 - (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.

WASHINGTON, D.C. - June 16, 2011 - (RealEstateRama) -- Nationwide housing starts rose 3.5 percent to a seasonally adjusted annual pace of 560,000 units in May, according to newly released figures from the U.S. Commerce Department. The gain partially offsets a larger decline that was registered in April."While the upward movement registered in today's report is somewhat good news, housing production continues to bounce along the bottom near historic lows, and is only running at a level necessary to replace dilapidated or destroyed units," said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev. He also noted that "Amidst this fragile marketplace, the nation's policymakers should be aware of a recent poll that confirms the strong value that most American voters continue to place on homeownership and housing choice.

WASHINGTON, DC - June 16, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the Commonwealth of Massachusetts and provide support to homeowners and low-income renters forced from their homes following severe storms and tornadoes two weeks ago.

WASHINGTON, DC - June 16, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $26.7 million in “sweat equity” grants to produce at least 1,500 affordable homes for low-income individuals and families. Funded through HUD’s Self-Help Homeownership Opportunity Program (SHOP), the funding awarded today, along with the labor contributed by these households, will significantly lower the cost of homeownership.

La Jolla, CA. - June 15, 2011 - (RealEstateRama) -- The Bay Area housing market in May posted modest month-to-month gains in sales and median prices, but those same measures fell sharply from year-ago levels, which had been pumped up artificially by homebuyer tax credits. Move-up buying and new-home sales were especially weak last month, while the share of sales involving distressed properties, cash buyers and investors remained far above normal, a real estate information service reported.

WICHITA, KS - June 15, 2011 - (RealEstateRama) --- Over 500 developers, city planners, business leaders, housing advocates and community development professionals are set to converge on Wichita this August for the 2011 Kansas Housing Conference. The si...

WASHINGTON, D.C. - June 15, 2011 - (RealEstateRama) -- Thank you very much for inviting me this evening. Reforming housing finance is a key priority for the Obama Administration, and it is great to be meeting with a group that focuses specifically on this area. I’m glad to have the opportunity to talk about the Administration’s views and hear some of your thoughts on how we can best move forward.

WASHINGTON, DC - June 15, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the May edition of the Obama Administration's Housing Scorecard. New to this month’s report are detailed assessments for the 10 largest mortgage servicers participating in the Administration’s Making Home Affordable Program, setting a new industry benchmark for disclosure on servicer assistance to struggling homeowners.

LITTLE ROCK, AR - June 15, 2011 - (RealEstateRama) -- Homeowners rebuilding after the spring storms or planning for future emergencies can receive valuable information from specialists with the Federal Emergency Management Agency (FEMA) at two Arkan...

June 15, 2011 - (RealEstateRama) -- Turner Construction Company announced that the Second Quarter 2011 Turner Building Cost Index has slightly increased over the First Quarter of 2011. The Turner Building Cost Index measures costs in the non-residential building construction market in the United States. The Turner Building Cost Index of 811 reflects a 0.62% increase from the First Quarter 2011 and 1.63% increase from the Second Quarter 2010.

WASHINGTON, D.C. - - June 15, 2011 - (RealEstateRama) -- After holding at a low but steady level for the past six months, builder confidence in the market for newly built, single-family homes declined three points in June to a reading of 13 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. The last time the index was this low was in September of 2010