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Silver, Lopez Announce New York’s Rent Laws Expanded For First Time Since 1993

New York, NY - June 30, 2011 - (RealEstateRama) -- Assembly Speaker Sheldon Silver and Housing Committee Chair Vito Lopez today announced passage of legislation to extend the rent laws and expand rent protections for tenants for the first time since 1993.

Assembly Passes Property Tax Cap, Mandate Relief Package

New York, NY - June 30, 2011 - (RealEstateRama) -- Assembly Speaker Sheldon Silver announced today the passage of the Affordable Housing Act (A.8518) that would provide relief for working families across the state by capping growth in local property tax levies at two percent. The legislation also includes significant mandate relief for local government and school districts.

Senate Passes Historic Property Tax Cap Legislation

June 30, 2011 - (RealEstateRama) -- The New York State Senate today passed historic property tax relief legislation that enacts a cap on the growth of local property taxes. The bill (S.5856), sponsored by Senate Majority Leader Dean G. Skelos, will cap school and local government taxes to less than two percent or the Consumer Price Index (CPI), whichever is lower. Mandate relief is also included, with $127 million in savings to local governments, in addition to the creation of a Mandate Relief Council to identify and repeal unsound, unduly burdensome laws and regulations

Rehberg Secures Supplemental Disaster Relief Funding for Floods – Protects Montana’s Private Property Rights

WASHINGTON, D.C. - June 17, 2011 - (RealEstateRama) -- Montana’s Congressman, Denny Rehberg, today supported an amendment to the Energy and Water Appropriations bill to provide emergency funding in response to flooding in the Missouri and Mississippi...

Statement from Governor Cuomo on Rent Regulations

New York, NY - June 16, 2011 - (RealEstateRama) -- "Affordable housing is an all too scarce commodity, especially in New York City and the surrounding areas. Our state's rent protection laws are essential and any long term expiration would create a crisis. Last night the State Senate -- both Democrats and Republicans -- failed to continue the laws beyond their expiration.

New Law Allows Towns to Waive Interest Owed on Property Taxes by Members of...

June 16, 2011 - (RealEstateRama) -- Senate Majority Leader Martin Looney (D-New Haven / Hamden), Senator Carlo Leone (D-Stamford), and Senator Eileen Daily (D-Westbrook) say passage of Senate Bill 377 will give municipalities the option to waive interest owed on property taxes by members of the armed services who are on active duty.

he Law Foundation, Lawyers’ Committee, and Orrick File Suit Against Mortgage Scam Scheme

SAN JOSE, CA - June 9, 2011 - (RealEstateRama) -- The Law Foundation of Silicon Valley (the Law Foundation), the Lawyers’ Committee for Civil Rights Under Law (Lawyers’ Committee), and pro bono counsel Orrick, Herrington & Sutcliffe LLP (Orrick) filed a class action lawsuit on behalf of California homeowners who have been victimized by a network of scam artists preying on vulnerable homeowners. As a result of this alleged loan modification scam, the victims have lost hundreds of thousands of dollars.

Alexandria’s First Half Real Estate Tax Due Wednesday, June 15

June 8, 2011 - (RealEstateRama) -- The City of Alexandria reminds property owners that the first half 2011 Real Estate Tax and Refuse Fee payments are on due on Wednesday, June 15. To avoid a late payment penalty and interest, payment must be received by the City or postmarked by the U.S. Postal Service no later than June 15.

2011 Housing Tax Credit Contribution (“HTCC”) Program Application Due Date

WASHINGTON, D.C. - June 6, 2011 - (RealEstateRama) -- CHFA is currently accepting 2011 applications for the Housing Tax Credit Contribution (“HTCC”) Program.

New Report Card Issued to Assess U.S. Progress on Housing Rights

WASHINGTON, D.C. - June 2, 2011 - (RealEstateRama) -- As students across the country receive their final grades for the semester, the National Law Center on Homelessness & Poverty has released a report card grading the United States on its response to homelessness and its compliance with the human right to housing. "Simply Unacceptable": Homelessness and the Human Right to Housing in the U.S. issues failing grades in more than one category, according to international standards.

PROPERTY TAX SAVINGS FROM ANNUAL HOME VALUE REVIEW

Los Angeles, CA - June 2, 2011 - (RealEstateRama) -- Los Angeles County Assessor John R. Noguez today announced completion of the decline in value review of homes in Los Angeles County. The annual review included all properties that had been granted a decline-in-value assessment for the 2010 assessment year as well as single-family homes or condominiums located in areas that continue to experience declines in the real estate market.

Totally Disabled Veterans Property Tax Exemption Extended to Surviving Spouse

May 26, 2011 - (RealEstateRama) -- With only ten minutes remaining in the Texas House for consideration of non-local Senate Bills, Speaker Straus recognized Representative Bonnen for an important motion

Speaker Silver Unveils Assembly’s Property Tax Cap Legislation to Provide Relief for Hardworking Families...

May 26, 2011 - (RealEstateRama) -- Assembly Speaker Sheldon Silver today unveiled legislation to provide real relief for hard working men and women across New York State by capping local property taxes at two percent while at the same time including important safeguards to ensure communities are able to provide critical services for their citizens. The legislation prohibits local governments and school districts from exceeding the two percent threshold on the total tax levy and requires a 60 percent vote to override the levy. "Our message to property owners who have struggled under the burden of soaring taxes is simple," said Speaker Silver (D-Manhattan).

National Study Highlights Need to Restore Municipal Property Tax Relief

May 26, 2011 - (RealEstateRama) -- In response to the recent Tax Foundation study, again demonstrating the regressive burden shouldered by New Jersey property taxpayers, League of Municipalities’ President, Mayor Chuck Chiarello of Buena Vista Township, issued the following statement:

Realtors® Continue to Push Congress for Comprehensive GSE Strategy

Washington, DC - May 26, 2011 - (RealEstateRama) -- The National Association of Realtors® supports a secondary mortgage market model with some level of government participation that would protect taxpayers and ensure that creditworthy consumers have access to affordable mortgage capital in all markets at all times.

NLIHC President Sheila Crowley to Testify in Support of National Housing Trust Fund; Is...

May 24, 2011 - (RealEstateRama) -- On May 25, NLIHC President and CEO Sheila Crowley will testify in support of the National Housing Trust Fund (NHTF) at a hearing of the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises (GSEs) titled, “Transparency, Transition and Taxpayer Protection: More Steps to End the GSE Bailout.” The hearing will be at 2 pm in room 2128 of the Rayburn House office building.

Property values down, property taxes up, how can this be?

May 23, 2011 - (RealEstateRama) -- It's one of the most vexing -- yet explainable -- questions homeowners/property taxpayers face: How can it be that my home's value has gone down but my property tax bill has gone up?

Business Personal Property Tax Deadline is Monday, June 6, 2011

May 17, 2011 - (RealEstateRama) -- Loudoun County Treasurer H. Roger Zurn Jr. reminds taxpayers that the deadline for payment of the first half business tangible personal property tax is Monday, June 6, 2011.

First Half Real Estate Tax Deadline is Monday, June 6, 2011

May 16, 2011 - (RealEstateRama) -- Loudoun County Treasurer H. Roger Zurn Jr. reminds taxpayers that the deadline for payment of the first half real property tax is Monday, June 6, 2011. Payments postmarked after June 6, 2011, will incur a 10% late payment penalty. The penalty date will not be extended for bills where assessment questions have been filed with the Board of Equalization. Additional interest at the rate of 10% per annum will be assessed

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

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases