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NEW YORK, NY - October 25, 2011 - (RealEstateRama) -- The Local Initiatives Support Corporation (LISC) has leveraged a $5 million grant from the federal Capital Magnet Fund to launch the Neighborhood Revitalization Loan Fund – an affordable housing loan pool designed to stimulate the development and preservation of multifamily rental housing for low-income residents.

WASHINGTON, D.C. - October 25, 2011 - (RealEstateRama) -- Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev., issued the following statement regarding today's announcement by the Federal Housing Finance Agency (FHFA) to enact a series of changes to the Home Affordable Refinance Program (HARP):

New York, NY - October 24, 2011 - (RealEstateRama) -- Rose Associates announced today that it has closed a $125 million loan funded by the issuance of bonds provided by the New York State Housing Finance Agency for the development of a luxury apartment...

San Diego, CA - October 24, 2011 - (RealEstateRama) -- Merit Property Management, a FirstService Residential Management company, announces today the promotion of John Dannan to Business Unit Leader for Merit’s San Diego urban division. Dannan is will...

WASHINGTON, DC - October 24, 2011 - (RealEstateRama) -- Members of the American Bankers Association gathered in a new San Antonio community this weekend to build a Habitat for Humanity home for a family in need. With support from the Texas Bankers Association and the Federal Home Loan Bank of Dallas, as well as donations from bankers across the country the foundation built its eleventh home.

Palm Desert, CA - October 24, 2011 - (RealEstateRama) -- Merit Property Management, a FirstService Residential Management company, announces the relocation of their Palm Desert office due to rapid growth in the region. The expansion builds off of Merit...

WASHINGTON, D.C. - October 24, 2011 - (RealEstateRama) -- The National Association of Home Builders (NAHB) will host its Semi-Annual Construction Forecast Conference on Wednesday, October 26, in a two-hour webinar from 2:00-4:00 p.m. featuring three renowned industry experts.

Boston, MA - October 20, 2011 - (RealEstateRama) -- Mayor Thomas M. Menino today joined Cardinal Seán P. O’Malley, Archbishop of Boston, the Planning Office for Urban Affairs (POUA), Pine Street Inn, and a number of state and local officials to cele...

October 20, 2011 - (RealEstateRama) -- The Montgomery County Department of Environmental Protection (DEP) announced that 43 businesses, multi-family properties and faith-based organizations are in various stages of completing energy efficiency projects...

MORRISTOWN, N.J - October 20, 2011 - (RealEstateRama) -- With fewer than 15 luxury condominium homes remaining, 40 Park in downtown Morristown has successfully attracted homebuyers looking for an upscale living experience in a dynamic downtown setting. Residents range from young professionals and newlyweds to local retirees and people relocating from out of state. They may have had different reasons for moving, but all of them share a common adoration for the unique lifestyle 40 Park offers.

WASHINGTON, D.C. - October 20, 2011 - (RealEstateRama) -- The Prometheus Real Estate Group, based in San Mateo, Calif., took top honors as 2011 Property Management Company of the Year in the National Association of Home Builders’ (NAHB) Multifamily Pillars of the Industry Awards competition.

WASHINGTON, DC - October 20, 2011 - (RealEstateRama) -- Very-low income women who have the opportunity to move from high-poverty neighborhoods into lower poverty areas are significantly less likely to be extremely obese or to have diabetes. Those are among the key findings of a study by the U.S. Department of Housing and Urban Development. An article published today in the New England Journal of Medicine (NEJM) highlights the positive health findings, which the U.S. Department of Housing and Urban Development previewed today.

WASHINGTON, DC - October 20, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of New Jersey and provide support to homeowners and low-income re...

WASHINGTON, DC - October 20, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $26.6 million in “sweat equity” grants to produce at least 1,477 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.

WASHINGTON, D.C. - October 20, 2011 - (RealEstateRama) -- As noted by the Wall Street Journal, MSNBC and other media outlets, the Republican presidential candidates let a great opportunity slip away during Tuesday night’s presidential debate to explain how they would address the nation’s housing problems in order to get the housing market and economy back on track, according to the National Association of Home Builders (NAHB).

Washington, D.C. - October 19, 2011 - (RealEstateRama) -- The Securities and Exchange Commission today charged Citigroup’s principal U.S. broker-dealer subsidiary with misleading investors about a $1 billion collateralized debt obligation (CDO) tied to the U.S. housing market in which Citigroup bet against investors as the housing market showed signs of distress. The CDO defaulted within months, leaving investors with losses while Citigroup made $160 million in fees and trading profits.

WASHINGTON, D.C. - October 19, 2011 - (RealEstateRama) -- Nationwide housing starts rose 15 percent to a seasonally adjusted annual rate of 658,000 units in September, marking the strongest pace of residential construction since April of 2010, according to figures released by the U.S. Commerce Department today. The gain was largely attributed to a sharp increase on the multifamily side, which has been trending upward due to increased demand for rental apartments.

WASHINGTON, D.C. - October 19, 2011 - (RealEstateRama) -- NAHB Remodelers named Mike Nagel, CGR, CAPS, of Men at Work Chicago, the 2011 Remodeler of the Year in recognition of his professional remodeling achievements and support of industry professionalism. The award was given at the NAHB Remodelers awards gala held last week during the Remodeling Show in Chicago.

TOPEKA, KS - October 19, 2011 - (RealEstateRama) -- Kansas Housing Resources Corporation (KHRC) has awarded approximately $1.9 million in Homeowner Rehabilitation (HR) grants to eleven communities to facilitate the renovation, accessibility and weather...

Jackson, MS - October 19, 2011 - (RealEstateRama) -- Finding ways to stay warm with the arrival of the first cold weather of the year greatly increases the risk for home heating fires. Commissioner of Insurance and State Fire Marshal Mike Chaney urges ...