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State housing agency awards $787,000 to preserve, increase homeownership in Center

AUSTIN, TX - May 6, 2011 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today announced two awards totaling $787,000 to the City of Center to help promote and maintain homeownership while providing a shot in the arm to the local economy.TDHCA awarded the city $265,000 in homebuyer assistance funds which it will use to provide down payment and closing cost assistance to help an estimated 10 eligible residents purchase a home of their own.

Obama Administration Releases April Housing Scorecard

WASHINGTON, DC - May 6, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the April edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. Officials caution that the latest housing figures underscore fragility in the housing market and highlight the importance of the Administration’s foreclosure-prevention programs, which continue to help tens of thousands of struggling homeowners each month and play a critical role in setting standards for the mortgage industry.

FEMA’s Public Assistance Program – Building The Road To Recovery

Honolulu, HI - May 6, 2011 - (RealEstateRama) -- After a federally declared disaster, such as the Hawaii Tsunami of March 11, 2011, receiving federal funds is a critical part of the response and recovery process.

Website Can Help Displaced Georgians Find Rental Housing

ATLANTA, GA - May 6, 2011 - (RealEstateRama) -- To help people displaced by the recent tornadoes find rental housing, the Georgia Emergency Management Agency (GEMA) and the Georgia Department of Community Affairs (DCA) are encouraging displaced survivors to use www.GeorgiaHousingSearch.org.

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR KENTUCKY STATE STORM VICTIMS

WASHINGTON, DC - May 6, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Kentucky and provide support to homeowners and low-income renters forced from their homes following severe storms, tornadoes, and flooding last week.

NAHB Applauds Reps. Gary Miller and Brad Miller for Legislation Addressing Housing Lending Crisis

WASHINGTON, D.C. - May 6, 2011 - (RealEstateRama) -- The National Association of Home Builders (NAHB) today applauded Rep. Gary Miller (R-Calif.), Rep. Brad Miller (D-N.C.) and 29 other original cosponsors for introducing bipartisan legislation aimed at restoring the flow of acquisition, development and construction (AD&C) credit to the housing sector to help spur job growth, support a recovery in the housing market and keep the economy moving forward."We commend Reps. Gary Miller and Brad Miller for championing a legislative solution aimed at ending the freeze in housing production credit that has forced countless home building firms across the nation to shutter their doors, resulting in grave repercussions for job growth and the overall economy," said NAHB Chairman Bob Nielsen, a home builder from Reno, Nev.

Colorado Association Services Adds New Community to its Client Portfolio

Lakewood, CO - May 5, 2011 - (RealEstateRama) -- Colorado Association Services, an Associa company, recently expanded its diverse Boulder client base and will now provide management services to the Iris Hollow Master Association.

Apartment Sector Sets Records In Market Tightness And Equity Availability, NMHC Market Conditions Survey...

WASHINGTON, DC - May 5, 2011 - (RealEstateRama) --The apartment industry’s recovery continues briskly, according to the National Multi Housing Council's (NMHC) latest Quarterly Survey of Apartment Market Conditions.

HUD’S HOME PROGRAM REACHES ONE MILLION MARK

WASHINGTON, DC - May 4, 2011 - (RealEstateRama) -- Twenty years ago, Senator Alan Cranston, Congressman Henry Gonzalez and housing advocates from across the country designed a new block grant program exclusively dedicated to producing affordable housing. Today, the U.S. Department of Housing and Urban Development's HOME Investment Partnerships Program (HOME) has produced one million units of affordable housing.

HUD OFFERS GRANTS TO CLEAN UP HEALTH HAZARDS IN HOUSING

WASHINGTON, DC - May 4, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced that it is offering $2.5 million in grants to improve and develop methods and knowledge for detecting and controlling lead-based paint and other housing-related health and safety hazards. This funding will help protect young children as well as other vulnerable populations.

Midwest Megadeal Includes Premiere Industrial Properties. Major Portfolio Sale Highlights Momentum in the Industrial...

Chicago, IL - May 4, 2011 - (RealEstateRama) -- Cushman & Wakefield of Illinois, Inc. (C&W) announces the largest industrial portfolio sale in the Midwest since the economic downturn began in 2008. The portfolio, which includes seven buildings in northwest Chicago and one in the Milwaukee, WI, area, totals more than two million square feet. Jim Carpenter, Senior Director, and Ken Szady, Executive Director, from C&W’s Capital Markets Group, represented the seller, a joint venture between Interstate Partners and Towne Investments, in the marketing and sale of the portfolio. In addition, Cushman & Wakefield Sonnenblick Goldman, the firm’s debt and equity finance division, secured permanent financing of the portfolio for the buyer, Stockbridge Real Estate Funds.

PHFA’s 2011 Housing Services Conference to focus on supporting healthy housing and healthy communities

HARRISBURG, PA - May 4, 2011 - (RealEstateRama) -- The Pennsylvania Housing Finance Agency today announced that registration is open for its 2011 Housing Services Conference June 21-23 in State College at The Penn Stater Conference Center.

FHLBank San Francisco Co-Sponsors Foreclosure Prevention Seminar in Van Nuys

VAN NUYS, CA - May 4, 2011 - (RealEstateRama) -- Nearly 100 homeowners attended a foreclosure prevention seminar in Van Nuys on Saturday, April 30, which was sponsored by the Southland Regional Association of Realtors, Los Angeles Neighborhood Housing Services, and the Federal Home Loan Bank of San Francisco (FHLBank San Francisco). Rep. Brad Sherman (CA-27) was a special guest at the event.

Rahall Announces $1.1 Million for Homeless Housing Assistance

WASHINGTON, D.C. - May 4, 2011 - (RealEstateRama) -- U.S. Rep. Nick Rahall (D-W.Va.) Tuesday announced southern West Virginia has been awarded more than $1.1 million for homeless housing and support initiatives.

HUD Awards Funds for Permanent Supportive Housing

Sioux City, IA - May 4, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan awarded more than $216 million to nearly 700 new homeless programs across the country. This amount represents $26 million more than last yea...

Building A Safe Room Q&A

May 4, 2011 - (RealEstateRama) - A: Costs for construction of both vary across the United States. The cost for constructing a safe room which can double as a master closet, bathroom, or utility room, inside a new home or small business can range from approximately $4,500 to $8,500. This budget would provide an 8-foot by 8-foot safe room. A 14-foot by 14-foot safe room could cost $15,000 to $25,000.

HUD HONORS 14 STATE AND LOCAL MODEL PROGRAMS WITH PRESTIGIOUS “DOOR KNOCKER AWARD” FOR...

WASHINGTON, DC - May 4, 2011 - (RealEstateRama) - The U.S. Department of Housing and Urban Development announced today that it is recognizing 14 State and local governments with its coveted "Door Knocker Award" for their outstanding work in producing affordable housing. From creating a stable living environment for those with disabilities to providing rental assistance to homeless veterans, each community represents a model for developing innovative housing solutions to meet their specific needs. Read a summary for each Door Knocker Award winner.

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR MISSISSIPPI STATE STORM VICTIMS

WASHINGTON, DC - May 3, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Mississippi and provide support to homeowners and low-income renters forced from their homes following severe storms, tornadoes, straight-line winds, and flooding last week.

Opening Statement of Timothy G. Massad Before the United States Senate Committee on Banking,...

WASHINGTON, D.C. - May 3, 2011 - (RealEstateRama) -- Chairman Johnson, Ranking Member Shelby, and Members of the Committee, thank you for the opportunity to appear before you today. I am honored that President Obama has nominated me for this position, and I am deeply grateful to Secretary Geithner for his confidence in me.

U.S. Green Building Council Launches Multifamily Midrise Design Competition

Washington, DC - May 3, 2011 - (RealEstateRama) -- The U.S. Green Building Council (USGBC) has launched its first-ever Multifamily Midrise Design Competition. Based on USGBC’s LEED for Homes Multifamily Midrise green rating system, the competition offers professionals and students a unique opportunity to present their solutions for sustainable design for multifamily buildings of four to six stories.

Business Real Estate Press Releases

Before Kitchen Remodel - Revive

Is this the summer of the kitchen renovation?

Could the heart of your home benefit from a facelift this summer? Your timing could be spot-on, as 2025 is shaping up to be “the summer of the kitchen renovation,” according to the experts at Revive, a leading presale home renovation company.

Recent Gov & Nonprofit Real Estate Press Releases

‘A hidden threat’: San Mateo lawmaker warns of rising groundwater risks,...

A Bay Area lawmaker is pushing for new federal legislation to study the threat rising groundwater poses — a hidden but growing environmental danger that experts say could worsen flooding, damage infrastructure, and contaminate drinking water.