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US Department of Labor announces 2 grant competitions to provide career training and housing...
WASHINGTON, DC - March 16, 2011 - (RealEstateRama) -- The U.S. Department of Labor today announced two grant competitions for the National Farmworker Jobs Program. One competition will fund organizations that will provide training, the other housing services, to migrant and seasonal farmworkers and their families
Housing Starts and Permits Stall in February
WASHINGTON, D.C. - March 16, 2011 - (RealEstateRama) -- Nationwide housing starts and issuance of permits for new housing construction both posted disappointing declines in February as concerns about a growing number of factors caused builders to pull back on production of new homes, according to newly released figures from the U.S. Commerce Department. Total housing starts declined 22.5 percent from January to a seasonally adjusted annual rate of 479,000 units, the second-slowest pace on record. Equally disconcerting, total permit issuance for new homes fell 8.2 percent to a record low pace of 517,000 units in February.
Greener Homes Program improves Portsmouth housing
BEDFORD, N.H. - March 15, 2011 - (RealEstateRama) -- At its recent meeting, New Hampshire Housing’s Board of Directors approved the commitment of nearly $7.5 million in tax-exempt bonds, federal HOME Investment Partnership funds and Greener Home Prog...
Kentucky Crafted: The Market — a resource for architects, interior designers and home builders
FRANKFORT, KY - March 15, 2011 - (RealEstateRama) -- Visitors to this year’s Kentucky Crafted: The Market will have the opportunity to shop for art on a grand scale. A special exhibit featuring handcrafted pergolas, garden sculptures, ceramic mural work, doors, light fixtures, chandeliers, hardware, stair rails, sinks, stained-glass windows and architectural signage will be presented in the center of the exhibition hall.
PLAN TO REVIVE CONSTRUCTION INDUSTRY RELEASED BY TRADE GROUP AS SECTOR LOST JOBS IN...
PHOENIX, AZ - March 15, 2011 - (RealEstateRama) -- The Associated General Contractors of America released a new national plan today detailing measures to stimulate demand for construction. Officials said the plan was needed to reverse construction employment declines that have taken place in 317 out of 337 metro areas since January 2007, according to new data the association released today.
New Exhibit Explores Green Neighborhood Design
Washington, DC - March 15, 2011 - (RealEstateRama) -- Today, the U.S. Green Building Council’s (USGBC) “Neighborhoods Go Green! Scaling up Sustainability” exhibit opened in Washington, DC. The exhibit uses LEED for Neighborhood Development, the first comprehensive benchmark for green neighborhood design, as a framework to explore the key elements of a sustainable community. Co-curated by USGBC, the Chicago Architecture Foundation (CAF) and Farr Associates, “Neighborhoods Go Green!” is on display at the Washington, DC headquarters of the American Institute of Architects (AIA).
Tax Time Can Mean Big Savings for Homeowners
WASHINGTON, D.C. - March 15, 2011 - (RealEstateRama) -- As the April 18 federal income tax filing deadline approaches, many American home owners are realizing the financial benefits of homeownership—savings that can add up to tens of thousands of dollars over several years."The mortgage interest deduction is one homeownership tax incentive that has been part of the tax code for nearly 100 years," said Bob Nielsen, chairman of the National Association of Home Builders and a home builder from Reno, Nev. "Incentives such as this have helped millions of American families be able to afford a home of their own."
Written Testimony by Secretary of the Treasury Timothy F. Geithner before the Senate Committee...
WASHINGTON, D.C. - March 15, 2011 - (RealEstateRama) -- Chairman Johnson, Ranking Member Shelby, and members of the committee, thank you for the opportunity to testify this morning.
Last month, we released a report outlining our vision of the next steps for reforming the housing finance market. My testimony today summarizes the content of that report
Builder Confidence Edges Up One Point in March
WASHINGTON, D.C. - March 15, 2011 - (RealEstateRama) -- After four consecutive months hovering at the same low level, builder confidence in the market for newly built, single-family homes improved by a single point in March, rising to 17 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This is the highest level the HMI has reached since May 2010, when the survey period corresponded with the final days of the federal home buyer tax credit program.
Nixon Peabody Expands Affordable Housing Practice on West Coast; New Partner Tuan Pham Joins...
San Francisco, CA. - March 14, 2011 - (RealEstateRama) -- International law firm Nixon Peabody LLP has expanded its Affordable Housing practice on the West Coast with the arrival of new partner Tuan Pham. Mr. Pham joins Nixon Peabody’s San Francisco office from Goodwin Procter, where he also served as the hiring partner for the San Francisco office and a co-chair of the West Coast Diversity Committee.
NeighborWorks® Helps More Than 16,700 Families Become Homeowners
Washington, DC - March 14, 2011 - (RealEstateRama) -- NeighborWorks America, one of the largest community development corporations and the sponsor of one hundred full-service Home Ownership Centers around the U.S., today announced that more than 16,700 families became homeowners last year through the efforts of NeighborWorks organizations.
Young Detroit Builders will be featured this Sunday, March 13 at 8:00 p.m. EDT...
WASHINGTON, D.C. - March 11, 2011 - (RealEstateRama) -- "The Secret Millionaire" features nonprofit organizations working in poor communities all around the country. It films what the organizations do and the people they impact. In this week’s episode, a "volunteer" comes to help YouthBuild Detroit, which is sponsored by Young Detroit Builders. Tune in for the wonderful surprise ending for YouthBuild Detroit and Young Detroit Builders.
AG Probe Highlights Mortgage Servicers’ Illegal and Negligent Practices
WASHINGTON, D.C. - March 11, 2011 - (RealEstateRama) -- Responding to widespread evidence of improper accounting, unwarranted fees, false documentation, and arbitrary foreclosure decisions, the 50 state Attorneys General are crafting a long-overdue plan to hold the mortgage servicing industry accountable. The plan would address accusations that banks and servicers have engaged in illegal and negligent servicing practices that have been a continued drag on the U.S. housing market and economy.
UNHEALTHY HOMES POSE REAL DANGER TO MILLIONS OF FAMILIES
WASHINGTON, DC - March 11, 2011 - (RealEstateRama) -- Millions of U.S. families face health and safety hazards like mold, lead, pest infestation and the physical deterioration of their homes. These problems are particularly common among some of the nation’s most vulnerable populations: children, seniors, the disabled and low-income families.
Builders Support Five-Year Extension of National Flood Insurance Program
WASHINGTON, D.C. - March 11, 2011 - (RealEstateRama) -- The National Association of Home Builders (NAHB) today voiced strong support for congressional efforts to extend the National Flood Insurance Program (NFIP) for an additional five years to provide ongoing flood insurance protection for property owners and ensure the nation's real estate markets operate smoothly and without delay.Testifying before the House Financial Services Subcommittee on Housing and Community Opportunity, NAHB First Vice Chairman Barry Rutenberg, a home builder from Gainesville, Fla., said that the home building industry depends upon the NFIP to remain available, affordable and financially sound.
ICBA Statement on the State Attorneys General Foreclosure Settlement Term Sheet
Washington, D.C. - March 10, 2011 - (RealEstateRama) -- The Independent Community Bankers of America (ICBA) issued the following statement today regarding the release of the state attorneys general foreclosure settlement term sheet. "While much of Wall Street has already recovered from the financial fallout, many of America's Main Street communities continue to struggle with its harsh effects. The last thing these communities need is further deterioration of their already fragile housing markets and economies caused by these proposed settlement terms that would delay legitimate foreclosure actions and permit bankruptcy judges to reduce mortgage balances.
CONGRESSWOMAN MALONEY, SPEAKER QUINN, QUEENS BOROUGH PRESIDENT MARSHALL, HPD COMMISSIONER CESTERO JOIN HANAC IN...
ASTORIA, NY - March 10, 2011 - (RealEstateRama) -- Congresswoman Carolyn B. Maloney (D?NY), New York City Council Speaker Christine Quinn, Former NYC Council Speaker Peter Vallone, Sr., Queens Borough President Helen Marshall, HPD Commissioner Rafael E. Cestero, Enterprise Community Partners, Citi, among others, joined HANAC, Inc., a nonprofit, multi?funded, citywide organization that serves local community residents, in opening today the HANAC George T. Douris Tower, a new green, mixed?use building providing affordable housing for seniors and community space for services that support them.
HOUSING AGENCY SECURES COUNSELING GRANT
BISMARCK, ND - March 10, 2011 - (RealEstateRama) -- The North Dakota Housing Finance Agency (NDHFA) has secured a $174,677 U.S. Department of Housing and Urban Development (HUD) grant, ensuring households statewide will have access to homebuyer education and/or housing counseling services in 2011.
JOHNSON STATEMENT ON HOUSING MARKET HEARING
WASHINGTON, DC - March 10, 2011 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Tim Johnson (D-SD) held a hearing on the state of the nation’s housing market. The Committee heard from industry leaders and experts, and discussed the current condition and challenges facing the housing market.
Gov. Hickenlooper appoints State Housing Board members
March 10, 2011 - (RealEstateRama) -- The State Housing Board works to establish uniform construction and maintenance standards for hotels, motels, multiple dwellings and factory-built housing. The Board also develops for submittal to the General Ass...