Archives
U.S. ENERGY SECRETARY CHU TO RECOGNIZE NYC’S FIRST 1,000 GREEN BUILDING SUPERS
New York, NY - May 19, 2011 - (RealEstateRama) -- U.S. Secretary of Energy Steven Chu will join New York real estate industry executives and union leaders on Monday to recognize New York City's first class of green building superintendents to graduate from the 32BJ-Thomas Shortman Green Supers training program. Green Supers is an ambitious labor-management green buildings program, launched just over a year ago with Mayor Bloomberg, to train superintendents and resident managers in the latest state-of-the-art energy efficiency measures.
HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR SOUTH DAKOTA STORM VICTIMS
WASHINGTON, DC - May 18, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of South Dakota and provide support to homeowners and low-income r...
Housing Starts Fall 10.6 Percent as Uncertainty Continues
WASHINGTON, D.C. - May 17, 2011 - (RealEstateRama) -- Nationwide housing starts fell 10.6 percent in April to a seasonally adjusted annual rate of 523,000 units as concerns regarding competition from foreclosures, a lack of consumer confidence in the housing market and the inability to secure production credit caused builders to slow production, according to newly released figures from the U.S. Commerce Department.“While mortgage rates are low and house prices are as affordable as they’ve been in a generation, the decline in April’s housing starts is indicative of the low level of confidence that consumers have in the housing market,” said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev.
Grassley Comment on Wasteful Spending at Public Housing Authorities
May 17, 2011 - (RealEstateRama) -- Sen. Chuck Grassley of Iowa has been tracking wasteful spending at public housing authorities including those in Philadelphia, Los Angeles, and Puerto Rico. He made the following comment on an audit released today, s...
NATIONAL HEALTHY HOMES CONFERENCE TO ADDRESS RISKS FROM ASTHMA TO BEDBUGS
WASHINGTON, DC - May 17, 2011 - (RealEstateRama) -- All across America, there are homes that can actually harm those who live in them. From lead-based paint that can poison children, to cancer-causing radon, to cockroach and bedbug infestations. Next month, the U.S. Department of Housing and Urban Development (HUD) is hosting a National Healthy Homes Conference in Denver that will explore the latest research and interventions from dozens of public health, housing, and environmental experts from more than 200 organizations.
Real Estate Mortgage Network, Inc., Launches Menlo Park Funding Branch Division
Edison, NJ - May 17, 2011 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), a national mortgage lender based in River Edge, N.J., is pleased to announce the launch of Menlo Park Funding, a new branch opportunity for select independent brokers and bankers. Menlo Park Funding will be the fourth business channel in REMN’s existing wholesale, retail and consumer direct divisions.
Durham Seeks Grant Applicants for Signage and Building Improvements
DURHAM, N.C. - May 16, 2011 - (RealEstateRama) -- Business owners interested in making signage or building improvements in targeted areas inside the city limits should take note of three grant opportunities now available through the City of Durham.
IHFA Still Accepting Applications for the Emergency Homeowners’ Loan Program
BOISE, ID - May 16, 2011 - (RealEstateRama) --There is still hope for hundreds of homeowners who are struggling to avoid foreclosure. Idaho Housing and Finance Association is still accepting applications for the Emergency Homeowners’ Loan Program (EHLP). The U.S. Department of Housing and Urban Development (HUD) announced the $13 million home saving program on April 1st. Since the announcement, IHFA has sent out more than 700 applications, and only 287 have been returned for review
“Downscaling Ambitions and Finding Creative Solutions”: Infrastructure 2011: A Strategic Priority Warns of Strain...
WASHINGTON, DC - May 16, 2011 - (RealEstateRama) -- America’s infrastructure investments – levels of which have long trailed behind those of Asia and Europe – will be further stifled this year by pressures to cut federal spending and reduce the deficit, compelling cities to be evermore creative and resourceful in securing partnerships to start or continue infrastructure projects, according to Infrastructure 2011: A Strategic Priority.
House FY12 Funding Plan Would Dismantle Housing Safety Net
WASHINGTON, D.C. - May 16, 2011 - (RealEstateRama) -- On Wednesday the House Committee on Appropriations released its draft 302b allocations, the amounts each of the 12 appropriations subcommittees will have available to spend on their respective FY12 funding bills. The allocation for the subcommittee that funds HUD, the Transportation, Housing and Urban Development, and Related Agencies (T-HUD) subcommittee, is budgeted $7.7 billion below the FY11 final appropriation, a 14% cut.
Historic Landmark Gets New Lease on Life; Offers Affordable, Energy Efficient Housing to Kansas...
Kansas City, KS - May 16, 2011 - (RealEstateRama) -- Officials from Kansas Housing Resources Corporation (KHRC), the Unified Government of Wyandotte County/Kansas City, Kansas and the Kansas Preservation Alliance celebrated the grand opening of Lowell School Apartments, a new affordable housing development serving the elderly and adults with disabilities. The historic rehab converted a vacant elementary school into 26 energy-efficient, loft-style apartments. Rents for the one, two and three bedroom units range from $450 to $650
One-Day ‘Seller’s Extravaganza’ at Lockwood Terrace Slated for May 21
NORWALK, CT - May 16, 2011 - (RealEstateRama) -- A Seller’s Extravaganza of the eight remaining condominium units at Lockwood Terrace in Norwalk will be held Saturday, May 21st from 11 a.m. to 2 p.m. at the site at 130 Main Street, William Raveis Real Estates’ New Homes Division announced.
Two Bozzuto Developments Achieve LEED® Certification
Greenbelt, MD - May 16, 2011 - (RealEstateRama) -- The Bozzuto Group today announced that it has earned LEED certification from the U.S. Green Building Council (USGBC) for two residential developments in its portfolio. The Fitzgerald, a mixed-use community in Baltimore’s Mount Vernon district, has received LEED Silver Certification and Riverwalk at Millennium, an apartment community in suburban Philadelphia, has received LEED Certification.
The Citi Foundation and NeighborWorks America Announce $5 Million Collaboration, the Largest Initiative of...
New York, NY - May 16, 2011 - (RealEstateRama) -- The Citi Foundation and NeighborWorks America today announced the launch of a collaboration to expand and strengthen financial capability programs for thousands of low- and moderate-income Americans. These programs help consumers establish positive behaviors to achieve immediate and long-term financial goals through financial education and access to appropriate financial products. As many as 65,000 people may benefit from the new $5 million, two-year demonstration project.
NeighborWorks America Named a Top Home Builder by Builder Magazine NeighborWorks Ranked #46 in...
Washington, D.C. - May 16, 2011 - (RealEstateRama) -- Today NeighborWorks America announced that it was named one of the nation’s largest residential home builders, according to Builder Magazine’s 2010 Builder 100 list. NeighborWorks America was ranked No. 46 in its second year on the Builder 100, with 503 closings of for-sale housing completed by its network of local NeighborWorks organizations. In addition to the overall ranking for productivity in 2010, NeighborWorks America was also named the No. 5 builder of affordable housing. NeighborWorks America debuted on the Builder 100 for 2009 at No. 82 for for-sale closings.
Minority Homeownership Award Winners Help Others Realize, Sustain American Dream
WASHINGTON, DC - May 16, 2011 - (RealEstateRama) -- While the past few years have been challenging for many, owning a home continues to be a goal for Americans of every background, according to John D. Trasviña, Assistant Secretary for Fair Housing and Equal Opportunity at the U.S. Department of Housing and Urban Development.
Builder Confidence Unchanged in May
WASHINGTON, D.C. - May 16, 2011 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes held unchanged at the low level of 16 in May, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. The index has now remained at this level for six out of the past seven months.“Builder confidence has hardly budged over the past six months as persistent concerns regarding competition from distressed property sales, lack of production credit, inaccurate appraisals, and proposals to reduce government support of housing have continued to cloud the outlook,” said NAHB Chairman Bob Nielsen, a home builder from Reno, Nev.
IHFA Helps Broaden Scope of Boise Fair Housing Campaign
BOISE, ID - May 13, 2011 - (RealEstateRama) -- All of Idaho will soon benefit from a proactive fair housing awareness campaign, thanks to a partnership among Idaho Housing and Finance Association (IHFA), Department of Commerce and the City of Boise. IHFA supported initial efforts by Boise’s Fair Housing Task Force to develop the campaign, and has adapted those materials for statewide distribution.
AHFC to Close Anchorage Housing Choice Voucher Waiting List
ANCHORAGE, AK - May 13, 2011 - (RealEstateRama) -- Alaska Housing Finance Corporation (AHFC) will close the Anchorage Housing Choice Voucher (HCV) waiting list, effective June 1, 2011. AHFC will continue to accept applications in person or by mail i...
BA’s Stevens Testifies on National Servicing Standards
WASHINGTON, D.C. - May 13, 2011 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association, testified today before the Senate Committee on Banking, Housing and Urban Affairs' Subcommittee on Housing, Transportation and Community Development on "The Need for National Mortgage Servicing Standards."