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Proposed “Qualified Residential Mortgage” Rule Would Stunt the Housing Market and Shut Out Qualified...

WASHINGTON, D.C. - June 2, 2011 - (RealEstateRama) -- Kenneth W. Edwards, Policy Counsel for the Center for Responsible Lending, presented the following remarks at a press briefing held to discuss the impact of the proposed Qualified Residential Mortgage (QRM) rule on consumers. Other groups participating in the conference were the Mortgage Bankers Association, Consumer Federation of America, the National Community Reinvestment Coalition, and the National Housing Conference

Surge in Freshman College Applications Unaffected by Recession, Finds the National Student Housing Council

WASHINGTON, DC - June 2, 2011 - (RealEstateRama) -- Higher education has not become a “collateral victim” of the Great Recession, finds Enrollment Trends in the Recession, a new white paper from the National Student Housing Council, a subsidiary of the National Multi Housing Council.

HUD PROVIDES $15 MILLION IN RENTAL ASSISTANCE TO HELP NEARLY 2,000 FAMILIES STAY TOGETHER

WASHINGTON, DC - June 2, 2011 - (RealEstateRama) -- In 2009, an estimated 423,773 children lived in foster care in the U.S. as case workers helped to reunite them with their families or primary caregivers. Today, the U.S. Department of Housing and Urban Development (HUD) announced nearly $15 million to help public housing authorities reunite foster children with their parents or prevent them from ever entering the foster care system. Read a detailed account of the local funding announced today.

Fair to focus on housing opportunities for Kaua’i residents

L?HU'E, HI - June 2, 2011 - (RealEstateRama) -- – In an effort to prepare residents for home ownership and increase awareness about housing opportunities on the island, the County Housing Agency is partnering with the Kaua'i Board of Realtors on a ...

CONSTRUCTION SPENDING INCHES UP IN APRIL AS GAINS IN PRIVATE NONRESIDENTIAL SEGMENTS, HOME IMPROVEMENTS...

WASHINGTON, D.C. - June 2, 2011 - (RealEstateRama) -- Construction spending inched up for the second straight month in April, 0.4 percent – following downward revisions to the March spending figures – thanks to increases in private nonresidential and home-improvement spending, the Associated General Contractors of America reported today in an analysis of new Census Bureau data. Association officials noted, however, that the gains were tempered by sluggish homebuilding and declining levels of public investment in construction

FEMA Committed To Finding Temporary Housing For Storm Survivors

COLUMBIA, MO - June 2, 2011 - (RealEstateRama) -- Helping survivors of the recent severe storms, flooding and tornadoes find temporary housing is one of the priority activities of the Federal Emergency Management Agency (FEMA), local government and voluntary agencies.

District to Hold 3rd Annual D.C. Housing Expo and Foreclosure Clinic

WASHINGTON, DC - June 2, 2011 - (RealEstateRama) -- Mayor Vincent C. Gray today announced that the District will hold the 3rd Annual D.C. Housing Expo and Foreclosure Clinic on Saturday, June 4, 2011, at the Walter E. Washington Convention Center. The Expo includes resources for all District residents, including information for renters, homeowners, potential homeowners, landlords and those facing foreclosure.

FHA and Fannie Mae Announce Green Refinance Plus to Pay for Energy-Efficient Upgrades in...

WASHINGTON, DC - June 1, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced Green Refinance Plus a program between HUD's Federal Housing Administration (FHA) and Fannie Mae to allow owners of existing affordable rental housing properties to refinance into new mortgages that include funding for energy- and water-saving upgrades, along with other needed property renovations

17,000 homeless and at risk veterans to benefit from more than $28 million in...

WASHINGTON, DC - June 1, 2011 - (RealEstateRama) -- Secretary of Labor Hilda L. Solis today announced 122 grants totaling more than $28 million to provide approximately 17,000 veterans who are homeless or at risk of being homeless with job training to help them succeed in civilian careers.

Home Headquarters Named Top Producer Of Housing Rehab Units In NeighborWorks Network

Washington, D.C. - June 1, 2011 - (RealEstateRama) -- NeighborWorks America, one of the nation’s largest community development corporations, today announced that Home HeadQuarters based in Syracuse, N.Y. completed more residential home rehab projects than any other NeighborWorks organization – 720 homes. In all, NeighborWorks organizations completed more than 7,600 housing rehab projects in 2010, preserving quality affordable housing across the country.

Builders Kick Off National Homeownership Month at Cincinnati Groundbreaking Event

WASHINGTON, D.C. - June 1, 2011 - (RealEstateRama) -- National Association of Home Builders (NAHB) Chairman Bob Nielsen joined with Cincinnati Mayor Mark Mallory and members of the Home Builders Association of Greater Cincinnati today to kick off National Homeownership Month at the groundbreaking ceremony for a new residential development in the city’s Bond Hill neighborhood. The development, called Villages at Daybreak, is a product of Cincinnati’s long-running CiTiRAMA® public-private partnership that has helped invigorate urban neighborhoods by encouraging the development of attractive and walkable new communities near the city center.

Thomas Vetter Named Vice Chair of NAHB’s National Sales and Marketing Council

WASHINGTON, D.C. - June 1, 2011 - (RealEstateRama) -- Thomas Vetter, MIRM, Master CSP, CMP, CSP, was appointed 2011 Vice Chair of the National Association of Home Builders’ (NAHB) National Sales and Marketing Council (NSMC)this month during the NAHB Spring Board of Directors Meeting in Washington, D.C.Vetter is president of the western division at Accelerated Marketing Partners, a full service residential real estate marketing and consulting firm, based in Danville, Calif. He will begin his term as NSMC Chair during the 2012 NAHB International Builders Show in Orlando, Fla.

HUD ACTS AGAINST PREGNANCY DISCRIMINATION IN HOME MORTGAGES

WASHINGTON, DC - June 1, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced a settlement agreement with Cornerstone Mortgage Company (Cornerstone), a national mortgage lender based in Houston, which HUD accused of engaging in discriminatory lending practices against expectant mothers. In a separate action, HUD is charging Mortgage Guaranty Insurance Corporation (MGIC) of Milwaukee, Wisconsin and others with engaging in pregnancy discrimination in issuing mortgage insurance in violation of the Fair Housing Act.

COGSWELL REALTY, LLC APPOINTS AVI FISHER TO VICE PRESIDENT OF ACQUISITIONS POST

NEW YORK, NY - June 1, 2011 - (RealEstateRama) -- Cogswell Realty LLC, a Manhattan-based real estate firm that owns, manages and develops commercial and residential properties in the New York Metropolitan Area, today announced the appointment of Avi Fisher as Vice President of Acquisitions

Expanded ThankfulHome.org now helps Hamilton, Brown and Clermont county residents find affordable and emergency...

DAYTON, OH - June 1, 2011 - (RealEstateRama) -- As part of National NeighborWorks Week (June 5-11, 2011), St. Mary Development Corporation has updated its searchable affordable housing database to include Hamilton, Brown and Clermont counties. The database already included eight Ohio counties: Butler, Clark, Darke, Greene, Miami, Montgomery, Preble and Warren.

SALES LAUNCH AT 148 EAST 24th STREET, NEW GRAMERCY AREA CONDOMINIUM DEVELOPMENT

NEW YORK, NY - June 1, 2011 - (RealEstateRama) -- ADG Langsam and Halstead Property Development Marketing today announced the launch of sales at 148 East 24th Street, a new residential condominium in the Gramercy Park area of Manhattan.

HAMILTON SQUARE, NEW CONDO AND LOFT DEVELOPMENT IN JERSEY CITY, ANNOUNCES OVER 50% OF...

Jersey City, NJ - June 1, 2011 - (RealEstateRama) -- SILVERMAN, the developers of Hamilton Square, announced today that more than 50% of units are sold at the premier loft and condo development in the Hamilton Park neighborhood of Jersey City.

Stick it To The Banks, Survey Says

Destin, FL - June 1, 2011 - (RealEstateRama) -- Americans want more from the U.S. Congress, according to a new independent survey and Congress needs to start by forcing banks to modify home mortgages for those at risk of foreclosure.

JACKLYN SANTERRE PROMOTED TO DIRECTOR OF HOMEOWNERSHIP

BURLINGTON VT - May 31, 2011 - (RealEstateRama) -- Vermont Housing Finance Agency (VHFA) Executive Director Sarah Carpenter announced Jacklyn Santerre of Colchester has been promoted from Assistant Director of Homeownership Programs to Director of Home...

NAR Grants Help Make Home Ownership an Affordable Opportunity

Washington, DC - May 31, 2011 - (RealEstateRama) -- Seventeen local and state Realtor® associations have been awarded over $60,000 through the Housing Opportunity Program Grants, a National Association of Realtors® grant program. The funds will be used by the associations to promote and expand affordable housing opportunities in their communities.

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