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ATTN HOMEOWNERS: LOAN PROGRAM TO ASSIST QUALIFIED BORROWERS UP TO $50,000

28th District of Texas, TX - July 6, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development’s (HUD) Emergency Homeowners’ Loan Program announced assistance for homeowners in Texas who have experienced a substantial loss of income (a reduction of at least 15 percent) due to unemployment, underemployment or a medical condition that has caused people to fall behind on payments.

Gov. Jindal Signs New Law Creating Louisiana Housing Corporation

BATON ROUGE, LA - July 6, 2011 - (RealEstateRama) -- Today, Governor Bobby Jindal signed Senate Bill 269 by Senator Neil Riser, creating the Louisiana Housing Corporation, a consolidated organization for the state’s housing policy and programs. Th...

Construction to Start on FEMA Housing Communities

Columbia, MO - July 6, 2011 - (RealEstateRama) -- Eligible tornado survivors unable to find other forms of housing will soon be able to occupy temporary housing in two community sites beginning construction south of the Joplin Regional Airport. City of Joplin and Federal Emergency Management Agency officials, with the Corps of Engineers, conducted a briefing Tuesday, July 5, on land just south of the Joplin Regional Airport, off Highway 171. On that field, the agency will construct two mobile home communities that could accommodate up to 346 manufactured housing units

KANSAS HOUSING LAUNCHES NEW WEBSITE

TOPEKA, KS - July 6, 2011 - (RealEstateRama) -- Kansas Housing Resources Corporation (KHRC) is pleased to announce the launch of its new website, www.kshousingcorp.org. The revamped site offers a fresh, clean design, streamlined navigation, new search ...

Housing, Human Services, Health, and Culture Committee to tour “Nickelsville” homeless encampment

Seattle, WA - July 6, 2011 - (RealEstateRama) -- Join the Seattle City Council's Housing, Human Services, Health, and Culture Committee on Thursday, July 7 for a walking tour of the "Nickelsville" homeless person's encampment. This tour will continue ...

Coinciding with One-Year Anniversary of “Operation Stolen Dreams,” Three Loan Officers and a Title...

WASHINGTON, DC - July 6, 2011 - (RealEstateRama) -- The Justice Department announced today the unsealing of a criminal information earlier today, charging four defendants – Louis Gendason, 42, of Delray Beach, Fla.; Kimberly Mackey, 46, of Pittsburgh; John Incandela, 24, and Marcos Echevarria, 29, both of Palm Beach, Fla. – with conspiracy to commit wire fraud involving a nation-wide reverse mortgage scam that defrauded elderly borrowers, financial institutions and the Department of Housing and Urban Development (HUD).

Iowa Finance Authority awards $50,000 State Housing Trust Fund grant to Jasper County Habitat...

Des Moines, IA - July 6, 2011 - (RealEstateRama) -- The Iowa Finance Authority (IFA) Board of Directors today approved a $50,000 grant to Jasper County Habitat for Humanity to assist in the construction of a single-family home in Mingo. The funding is ...

Housing Open House in Amory Will Be One-Stop Source for Rebuilding or Replacing Property...

CLINTON, MS - July 6, 2011 - (RealEstateRama) -- A Housing Open House in Amory Saturday, July 9, from 9 a.m. to 1 p.m. will bring together state government experts in safe rooms, home financing and insurance, along with builders, bankers, realtors a...

OCC Newsletter Focuses on National Bank Investments in Solar Energy

WASHINGTON, DC - July 6, 2011 - (RealEstateRama) -- The Office of the Comptroller of the Currency (OCC) today published an online newsletter that provides a guide for national banks seeking to invest in solar energy projects under the national bank public welfare investment authority. The on-line newsletter describes how banks have used the public welfare investment authority to invest in funds and other financing vehicles that are structured to pass-through the benefit from the energy investment tax credit to entities such as schools, universities, hospitals, and Federally- subsidized rental housing developments.

THE FEDERATED COMPANIES AWARDED THE CONTRACT TO PURCHASE LAND IN THE BAYSIDE DEVELOPMENT AREA...

Miami, FL - July 6, 2011 - (RealEstateRama) -- The Federated Companies, a leading national real estate investment and development firm, is pleased to announce that it has been awarded the contract to purchase seven lots of land totaling 3.25 acres in the Bayside Development area of Portland, Maine. The land is located on Somerset and Elm Streets, is currently owned by the City of Portland and received unanimous approval from the City Council of Portland to be sold to The Federated Companies. The Federated Companies' worked diligently to incorporate the city's concept into the master plan for the mixed-use site which includes housing, retail, a medical office, and a public parking structure. The company will continue to develop the master plan and timeline with the city.

Lake County Launches GO GREEN GET GREEN Rebate Program

TAVARES, FL - July 6, 2011 - (RealEstateRama) -- The Lake County Board of County Commissioners launched today, the GO GREEN GET GREEN energy efficiency rebate program for Lake County small commercial business owners and residents. Participants who GO GREEN by installing energy efficient products can GET GREEN through the new rebate program funded by an Energy Efficiency and Conservation Block Grant (EECBG).

BONNIE BLACK JOINS VHFA AS HOMEOWNERSHIP OUTREACH COORDINATOR

BURLINGTON, VM - July 5, 2011 - (RealEstateRama) -- Executive Director Sarah Carpenter announced Bonnie Black of Essex has joined Vermont Housing Finance Agency (VHFA) as Homeownership Outreach Coordinator. Black’s real estate and home loan experi...

MassHousing Closes $106.2 Million in Loans for the Redevelopment of the Charlesview Apartments in...

BOSTON, MA - July 5, 2011 - (RealEstateRama) -- MassHousing announced today that it has closed $106.2 million in loans for the redevelopment of the Charlesview Apartments in Brighton, making the transaction the second-largest in MassHousing’s 45-year history for a single rental housing development.

Justice Department Settles Fair Housing Lawsuit Against Michigan Mobile Home Operators for Discrimination Against...

WASHINGTON, DC - July 5, 2011 - (RealEstateRama) -- The Justice Department today announced the settlement of a lawsuit alleging that the owner and operators of a Monroe, Mich., mobile home park violated the Fair Housing Act by discriminating against families with children. The case was brought by the Justice Department’s Civil Rights Division and the U.S. Attorney’s Office for the Eastern District of Michigan.

Justice Department Sues Nation’s Largest Mortgage Insurance Provider for Discrimination Against Women on Paid...

WASHINGTON, DC - July 5, 2011 - (RealEstateRama) -- The Justice Department announced today that it has sued the Mortgage Guaranty Insurance Corporation (MGIC), the nation’s largest mortgage insurance company, and two of its underwriters, Elgina Cunningham and Kelly Kane, for violating the Fair Housing Act by discriminating against women on paid maternity leave.

REP. PASCRELL JOINS FEDERAL, PATERSON OFFICIALS IN OPENING 85 NEW UNITS OF AFFORDABLE HOUSING...

WASHINGTON, DC - July 4, 2011 - (RealEstateRama) -- U.S. Rep. Bill Pascrell, Jr. (D-NJ-8) today joined other federal and City of Paterson officials in opening the Belmont Senior Apartments, which provide 85 units of affordable housing for seniors. The Congressman also announced a $425,491 grant from the U.S. Department of Housing and Urban Development for resident support services at the Belmont Senior Apartments and other affordable housing developments in the city.

CB RICHARD ELLIS GROUP, INC. ANNOUNCES COMPLETION OF ING CLARION REAL ESTATE SECURITIES ACQUISITION

Los Angeles, CA - July 4 30, 2011 - (RealEstateRama) -- CB Richard Ellis Group, Inc. (NYSE:CBG) today announced that it has completed the acquisition of ING Clarion Real Estate Securities (CRES) from Netherlands-based ING Group N.V. (ING). CB Richard Ellis’ acquisition of substantially all of ING’s Real Estate Investment Management (REIM) operations in Europe and Asia remains on schedule to close later this year. The total purchase price for the ING CRES and REIM businesses is approximately $940 million.

Obama Administration Releases June Housing Scorecard

WASHINGTON, DC - July 4 30, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the June edition of the Obama Administration's Housing Scorecard– a comprehensive report on the nation’s housing market.

OPIC Board Approves $45 Million to Support Housing Microfinance Lending by Habitat for Humanity

WASHINGTON, D.C. - July 1 30, 2011 - (RealEstateRama) -- The Board of Directors of the Overseas Private Investment Corporation (OPIC) approved $45 million to enable Habitat for Humanity International (HFHI) to expand its housing microfinance lending (HMF) – a growing impact investment sector that will help thousands of low-income families around the world build, improve, and maintain decent homes.

IOWA FINANCE AUTHORITY AWARDED U.S. DEPARTMENT OF HOUSING & URBAN DEVELOPMENT CONTRACT FOR ADMINISTRATION...

July 1 30, 2011 - (RealEstateRama) -- Contract renewal means program profits will continue to be invested in affordable housing throughout Iowa DES MOINES – The Iowa Finance Authority today announced that the agency has been awarded a contract renewa...

Business Real Estate Press Releases

Rebecca Jensen, President and CEO of MRED

MRED Becomes First MLS to Lead National Relaunch of Broker Public...

Broker Public Portal (BPP), the industry-led initiative formed by brokerages and multiple listing services (MLSs) to deliver a transparent, accurate, and consumer-first home search experience,

Recent Gov & Nonprofit Real Estate Press Releases

Congressman John Larson

Larson Statement on Clean Energy Layoffs Across Connecticut

Rep. John B. Larson (CT-01) released the following statement after solar installer PosiGen announced plans to lay off most of their Connecticut workforce. “Yet again, President Trump is raising
FEMA

20 Years After Hurricane Katrina