Wednesday, December 3, 2025

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JOB CREATION EFFORTS FOCUSED ON BUILDING RETROFIT PROJECTS ENDORSED BY REAL ESTATE, ENERGY, AND...

WASHINGTON, DC - November 7, 2011 - (RealEstateRama) -- A broad spectrum of real estate, business, lending, manufacturing, environmental and energy efficiency organizations led by The Real Estate Roundtable, U.S. Green Building Council and the Natural Resources Defense Council have launched a joint initiative focused on energy efficiency policies that will create new jobs and boost economic growth.

NMHC/NAA’S Ron Nickson Honored By International Code Council

WASHINGTON, DC - November 4, 2011 - (RealEstateRama) -- On November 2, the International Code Council (ICC) honored Ron Nickson, Vice President of Building Codes for the National Multi Housing Council/National Apartment Association (NMHC/NAA) Joint Legislative Program, with their 2011 ICC Affiliate Award in recognition of his 30 years of service to the industry.

National Housing Conference supports HOME program at congressional hearing

WASHINGTON, DC - November 4, 2011 - (RealEstateRama) -- The National Housing Conference, known as the united voice for housing, today commended the Department of Housing and Urban Development’s announcement of proposed rules to strengthen oversight of the $1.6 billion HOME Investment Partnerships Program, which has been accused of waste and lax oversight. HUD’s announcement comes after NHC testified alongside current and former HUD employees this week in a joint hearing before the House Subcommittee on Insurance, Housing and Community Opportunity and the House Subcommittee on Oversight and Investigations.

Red Mortgage Capital Completes Permanent Financing for Three Bridge-to-HUD Loans

COLUMBUS, OH - November 4, 2011 - (RealEstateRama) -- Red Mortgage Capital, LLC provided permanent financing for three assisted living senior communities in north-central Ohio utilizing FHA Section 232/223(f) mortgage insurance and Ginnie Mae Mortgage ...

Red Mortgage Makes $5.6 Million Seniors ARM Loan

Columbus, OH - November 4, 2011 - (RealEstateRama) -- Red Mortgage Capital, LLC has provided one of the nation’s first Fannie Mae DUS ARM 7-6 (“Fannie Mae 7-6”) structured product loans for a 46-unit/52-bed Memory Care Facility located in Louisvi...

RED Provides $20Million First Mortgage Interim on Historic Philadelphia High Rise

Columbus, OH - November 4, 2011 - (RealEstateRama) -- Multifamily experts from comprehensive capital provider RED CAPITAL GROUP, LLC’s proprietary lending group closed a $20,000,000 first mortgage interim loan on a recently redeveloped 15-story high ...

HUD PROPOSES NEW RULE TO IMPROVE HOME PROGRAM

WASHINGTON, DC - November 4, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD is proposing new regulatory requirements under its HOME Investment Partnerships Program (HOME). HOME is the largest federal block grant to state and local governments designed exclusively to produce affordable housing for low-income families.Since 1992, the HOME Program has successfully assisted more than one million affordable homes for lower income families. However, Secretary Donovan believes the program can be strengthened to significantly boost the program’s performance at the local level.

Obama Administration Releases October Housing Scorecard

WASHINGTON, DC - November 3, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the October edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. The latest housing data offer continued mixed signals as new home sales rose compared to August, but were still slightly down from the prior year. Mortgage defaults and foreclosure sales continued a downward trend as more homeowners were able to secure mortgage relief. However, foreclosure completions ticked slightly upward in September after months of decline.

NLIHC Board Member to Testify in Support of HUD’s Rental Assistance Demonstration

November 3, 2011 - (RealEstateRama) -- At a hearing today, National Low Income Housing Coalition board member and legal services attorney Charles Elsesser will testify before a House panel in support of an Administration proposal on public housing conversion

13th Annual Ohio Housing Conference to Explore the Collaborative Impact of Affordable Housing in...

COLUMBUS, OH - November 3, 2011 - (RealEstateRama) -- More than 1,400 affordable housing professionals across Ohio and the nation are expected to gather at the Greater Columbus Convention Center November 29-December 1 for the 2011 Ohio Housing Conferen...

HUD REACHES SETTLEMENT WITH CONNECTICUT LENDER ACCUSED OF ‘MATERNITY DISCRIMINATION’

WASHINGTON, DC - November 3, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development announced today that it has reached an agreement with Luxury Mortgage Corporation (LMC), a mortgage lender based in Stamford, Connecticut, settling accusations that the lender discriminated against a woman by denying her mortgage loan because she was on maternity leave. Under the settlement, LMC agrees to pay the woman who was denied the mortgage $12,000.

OBAMA ADMINISTRATION RELEASES OCTOBER HOUSING SCORECARD

WASHINGTON, DC - November 3, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the October edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. The latest housing data offer continued mixed signals as new home sales rose compared to August, but were still slightly down from the prior year. Mortgage defaults and foreclosure sales continued a downward trend as more homeowners were able to secure mortgage relief. However, foreclosure completions ticked slightly upward in September after months of decline.

VALUE COMPANIES ENJOYS BANNER NIGHT DURING NJAA ANNUAL AWARDS;HONORED AS MANAGEMENT COMPANY OF THE...

CLIFTON, N.J. - November 3, 2011 - (RealEstateRama) -- Value Companies, Inc., a leading developer, owner and manager of apartment communities entering its milestone 60th year anniversary, was crowned with the prestigious “Management Company of the Year Award” during the 2011 New Jersey Apartment Association’s (NJAA) 18th Annual Garden State Awards held at the Hyatt Regency in New Brunswick.

TREETOP DEVELOPMENT ENTERS PENNSYLVANIA MARKET WITH PURCHASE OF 70-UNIT BENJAMIN BANNEKER PLAZA IN CHESTER,...

NEWARK, N.J. - November 3, 2011 - (RealEstateRama) -- TreeTop Development, a multi-faceted developer, owner and manager of residential and commercial properties in New York and New Jersey, has made its initial foray into the Pennsylvania marketplace with the acquisition of a 70-unit project-based Housing Assistance Payment (HAP) contract apartment complex in Chester, PA.

State awards $48 million for affordable housing projects

OLYMPIA, WA - November 2, 2011 - (RealEstateRama) -- The Washington State Department of Commerce awarded more than $48 million from the state’s Housing Trust Fund for 47 affordable housing projects across the state. Approximately 1,647 housing units will be built or rehabilitated. The projects will directly support an estimated 1,800- 2,000 jobs, with about 500 local jobs supported annually once the projects are completed.

Conrad Secures Commitment from FEMA to Expand Size of Temporary Housing to Lower Heating...

Washington, DC - November 2, 2011 - (RealEstateRama) -- Senator Kent Conrad secured a commitment from Federal Emergency Management Agency officials today to build additions onto the entry ways of the temporary housing units in an effort to keep houses ...

THE 505 IN HELL’S KITCHEN ANNOUNCES PRICE INCENTIVES ON LAST FIVE UNITS

NEW YORK, NY - November 2, 2011 - (RealEstateRama) -- Parkview Developers and Halstead Property Development Marketing today announced that, with just five units still available, the final sales push has begun at The 505, a luxury condominium and garden...

Mangano & Kopel Break Ground On New Affordable Homes In Inwood

New York , NY - November 2, 2011 - (RealEstateRama) -- Nassau County Executive Edward P. Mangano was joined today by Legislator Howard J. Kopel, the Long Island Housing Partnership and homeowners to break ground on four new affordable workforce homes o...

Lautenberg, Menendez Announce More Than $72 Million for Low Income Home Energy Assistance Program...

WASHINGTON, DC - November 2, 2011 - (RealEstateRama) -- U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) today announced the U.S. Department of Health and Human Services (HHS) has released $72.1 million for the Low Income Home Energy...

Lautenberg Urges Passage of Bill That Would Put Americans Back to Work Rebuilding the...

WASHINGTON, DC - November 2, 2011 - (RealEstateRama) -- U.S. Senator Frank R. Lautenberg (D-NJ) today appeared at a press conference with Transportation Secretary Ray LaHood to urge passage of the “Rebuild America Jobs Act,” a proposal that would...

Recent Gov & Nonprofit Real Estate Press Releases

Congressman Dan Newhouse

Newhouse Introduces Legislation to Strengthen Urban Canals

Rep. Dan Newhouse (R-WA) introduced the Urban Canal Modernization Act alongside Reps. Mike Simpson (R-ID), Adam Gray (D-CA), and Russ Fulcher (R-ID) to help the Bureau of