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Housing & Development

Housing & Development

HUD AWARDS $93 MILLION IN GRANTS TO PROTECT THOUSANDS OF CHILDREN FROM LEAD AND...

WASHINGTON, DC - September 15, 2011 - (RealEstateRama) -- The U.S. Dept. of Housing and Urban Development today awarded $93 million in grants to 39 local projects to conduct a wide range of activities intended to protect children and families from potentially dangerous lead-based paint and other home health and safety hazards.

HARLEM’S 5th ON THE PARK CLOSES ON HIGHEST PRICED UNIT ABOVE 111th STREET SINCE...

New York, NY - September 15, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced that 5th on the Park, a new, full-service residential high-rise on Upper Fifth Avenue, has closed on the highest priced unit above 111th Street since December 2009. The four-bedroom, three-and-a-half-bath unit closed on August 17, 2011 for $2.149 million.

U.S. Foreclosure Activity Increases 7 Percent in August, Defaults Surge 33 Percent

IRVINE, CA - September 15, 2011 - (RealEstateRama) -- RealtyTrac® (www.realtytrac.com), the leading online marketplace for foreclosure properties, today released its U.S. Foreclosure Market Report™ for August 2011, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 228,098 U.S. properties in August, a 7 percent increase from the previous month, but still down nearly 33 percent from August 2010. The report also shows one in every 570 U.S. housing units with a foreclosure filing during the month.

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR NEW YORK STORM VICTIMS

WASHINGTON, DC - September 15, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State Of New York and provide support to homeowners and low-income renters forced from their homes following Tropical Storm Lee.

Renters Warehouse Promotes Staff, And Selects President & Chief Operating Officer For The Company

Golden Valley, MN - September 15, 2011 - (RealEstateRama) -- As Renters Warehouse continues to grow, promoting internal staff and selecting a President and COO will encourage more scalability and increased efficiency for the company.

PRICES FOR KEY CONSTRUCTION MATERIALS FALL IN AUGUST, EVEN AS ANNUAL MATERIALS COST INCREASES...

WASHINGTON, D.C. - September 14, 2011 - (RealEstateRama) -- The amount contractors pay for a range of key construction materials declined in August, but contractors continue to be squeezed as materials cost increases have outstripped the price of finished buildings over the past year, according to an analysis of producer price index figures released today by the Associated General Contractors of America.

Tierney, Lawmakers, Renew Call for Meeting with Housing Regulator

Washington, DC - September 14, 2011 - (RealEstateRama) -- Today, Congressman John Tierney joined Congressman Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, Congressman Dennis Cardoza, Co-Chair of the Housi...

JOHNSON OPENING STATEMENT ON HOUSING FINANCE REFORM HEARING

WASHINGTON, DC - September 14, 2011 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Tim Johnson (D-SD) held a hearing to discuss housing finance focusing on the role of a government guarantee, as well as the benefits and risks to taxpayers. This is the tenth in a series of hearings the Committee has been holding related to housing finance reform

Empire State Building Achieves LEED Gold

NEW YORK, NY - September 14, 2011 - (RealEstateRama) -- The Empire State Building has been awarded LEED® Gold for Existing Buildings certification as further recognition from the $550 million Empire State ReBuilding program. The Empire State Building is the tallest and most well known building in the U.S. to receive LEED certification.

NEWLY AVAILABLE OFFICE SPACE INTRODUCED WITH NEW BUILDING NAME

Jacksonville, FL - September 14, 2011 - (RealEstateRama) -- Over 69,000 square feet of Class A space is newly available to the Jacksonville/St. Augustine area. Named for the sole tenant, Tree of Life, the building is being reintroduced as Golfway Place. The former tenant, who occupied the space as a headquarters location for their specialty foods distribution business, will be vacating the building in December as a result of an acquisition. CB Richard Ellis (CBRE) is the exclusive listing advisor for the newly renamed Golfway Place.

RALLY AT LANDMARK NORTH JERSEY OFFICE BUILDING PROTESTS SHABBY TREATMENT OF CLEANING WORKERS

Trenton, NJ - September 14, 2011 - (RealEstateRama) -- Dozens of union members and community supporters rallied Tuesday afternoon outside the landmark Glenpointe Office Centre to protest the firing of 18 hard-working office cleaners. The cleaners, some of whom had been working at the building for years, were abruptly fired effective September 1st when building owner Sanzari Enterprises replaced its union cleaning contractor with a non-union contractor that is ironically named Union Building Services (UBS).

365 Connect Launches Leasing Center Integration With The Housing Block

NEW ORLEANS, LA - September 14, 2011 - (RealEstateRama) -- 365 Connect, the New Orleans based, award-winning online technology platform for the multifamily industry, announced today the integration of its Marketing Syndication Platform with The Housing...

OBAMA ADMINISTRATION PREVENTED, ENDED HOMELESSNESS FOR ONE MILLION AMERICANS

WASHINGTON, DC - September 14, 2011 - (RealEstateRama) -- Today, U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced that homelessness for 1 million Americans was prevented or ended, thanks to HUD's Homelessness Prevention and Rapid Re-housing Program (HPRP), funded through the American Recovery and Reinvestment Act of 2009.

Boston Development Receives $20.5M in First-Ever Choice Neighborhood Grants; Nixon Peabody Advises on HUD...

Boston, MA - September 13, 2011 - (RealEstateRama) -- The City of Boston and Dorchester Bay Economic Development Corporation have been awarded $20.5M by the U.S. Housing and Urban Development (HUD) as part of the first-ever Implementation Grants awarded under HUD’s Choice Neighborhoods Initiative.

Apartment Industry Reiterates Call to Protect Rental Housing in any Carried Interest Tax Increase

WASHINGTON, DC - September 13, 2011 - (RealEstateRama) -- The National Multi Housing Council (NMHC) and the National Apartment Association (NAA) reiterate their calls to protect rental housing as lawmakers work toward enactment of a jobs bill.

SALES LAUNCH AT FINO 175, NEW RESIDENTIAL DEVELOPMENT IN FORT GREENE

NEW YORK, NY - September 13, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced the launch of sales at Fino175, a new residential condominium in the Fort Greene neighborhood of Brooklyn.

CONTRACT TALKS OPEN FOR MORE THAN 2,600 PHILADELPHIA PROPERTY SERVICE WORKERS

Philadelphia, PA - September 13, 2011 - (RealEstateRama) -- Negotiations for a new union contract covering more than 2,600 property service workers in Philadelphia began on Friday between 32BJ and representatives of the real estate industry. 32BJ pr...

Demand for Specialty Rooms Drops amid Continued Economic Concerns around Housing Market

Washington, D.C. - September 13, 2011 - (RealEstateRama) -- Homeowner interest in specialty rooms, systems utilizing emerging technologies and upscale products is waning as the residential market continues to struggle. Instead, investments within the home have focused on increasing energy efficiency, fostering outdoor living environments and adding wireless communications systems as home offices remain popular.

Boxer Lauds Federal Housing Finance Agency for Moving Toward Helping More Homeowners Refinance

Washington, D.C. - September 12, 2011 - (RealEstateRama) -- U.S. Senator Boxer (D-CA) today praised the announcement by the Federal Housing Finance Agency that it will work to identify and reduce barriers to refinancing for millions of American homeowners who are current on their mortgage payments but underwater on their homes.

COCHRAN: $1.35 MILLION AWARDED TO IMPROVE STATE VETERANS HOMES IN JACKSON AND COLLINS

WASHINGTON, D.C. - September 12, 2011 - (RealEstateRama) -- U.S. Senator Thad Cochran (R-Miss.) today reported that the U.S. Department of Veterans Affairs (VA) has approved two grants worth $1.35 million to carry out improvements to the State Veterans...

Recent HUD Press Releases

HUD - U.S. Department of Housing and Urban Development

HUD Launches Public Housing Authority Accountability Dashboard

The U.S. Department of Housing and Urban Development (HUD) launched the Public Housing Authority (PHA) Accountability Dashboard, a public tool that combines PHA performance and

Random HUD in News

The Washington Post

Former HUD secretary Julián Castro joins 2020 Democratic presidential field

Julián Castro, the former mayor of San Antonio and housing secretary in the Obama administration, on Saturday joined the increasingly crowded field of candidates for the 2020