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Does Your Mobile Home Insurance Cover Flood?

BISMARCK, N.D. - July 12, 2011 - (RealEstateRama) -- North Dakota residents whose mobile homes have been flooded will need to provide proof that their mobile home insurance has no flood coverage before they can receive disaster housing assistance fr...

CUSHMAN & WAKEFIELD APPOINTED AS LEASING AGENT FOR 178,000 SF OF RETAIL SPACE AT...

NEW YORK, NY - July 12, 2011 - (RealEstateRama) -- Cushman & Wakefield today announced it has been retained as the exclusive retail leasing agent for “The Corner at Wall Street,” a 178,000-square-foot block of prime retail space located at 23 and 35 Wall Street and 15 Broad Street in downtown Manhattan’s Financial District.

Stevens Reiterates MBA’s Support for Risk Retention

WASHINGTON, D.C. - July 12, 2011 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA) issued the following statement following remarks by Congressman Barney Frank (D-MA) this morning at the National Press Club.

House Subcommittee to Consider Bill to Abolish National Housing Trust Fund; NLIHC President Sheila...

Washington, D.C. - July 12, 2011 - (RealEstateRama) -- On the morning of July 11, the Subcommittee on Capital Markets and the GSEs of the House Financial Services Committee will vote on the latest series of bills to dismantle Fannie Mae and Freddie Mac.

HUD SETTLES RESPA KICKBACK CASE AGAINST FIDELITY NATIONAL FINANCIAL

WASHINGTON, DC - July 12, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced an agreement with Fidelity National Financial, Inc. (FNF) to settle allegations the title company paid real estate brokers and other settlement service providers improper kickbacks or referral fees in violation of the Real Estate Settlement Procedures Act (RESPA). Read the full text of the agreement announced today.

Governor Lincoln D. Chafee Signs Legislation Establishing the I-195 Redevelopment District Commission

Providence, RI - July 11, 2011 - (RealEstateRama) -- Governor Lincoln D. Chafee today signed into law H 5994 and S 0114: “An Act Relating to Public Property and Works,” authorizing the sale of surplus property in the I-195 area and establishing...

American Institute of Architects Joins BuildStrong Coalition; Throws Support Behind Safe Building Code Legislation

Washington, D.C. - July 11, 2011 - (RealEstateRama) -- The American Institute of Architects (AIA) today announced its support for the federal "Safe Building Code Incentive Act" (H.R.2069), introduced by U.S. Rep. Mario Diaz-Balart, R-Fla., which would make states with national model building codes in place eligible for an additional four percent in relief funding after natural disasters. If enacted, the bill would serve to encourage states to head off disaster damage before it happens by requiring that homes meet nationally recognized standards.

Clinton Giustra Sustainable Growth Initiative Announces Training and Certification Program for 5,000 construction workers...

New York, NY - July 11, 2011 - (RealEstateRama) -- The Clinton Giustra Sustainable Growth Initiative (CGSGI) announced today the signing of agreements with SENA and CAMACOL Bogotá and Cundinamarca (CAMACOL B&C) that establish the first on-site job training and certification program for construction workers in Colombia. CGSGI will develop a portable, on-site training facility in the Ciudad Verde ("Green City") low-income housing development in Soacha, Cundinamarca, near Bogotá, the capital of Colombia to offer free training and certification for 5,000 construction workers. The on-site training program will utilize courses developed by SENA, the National Learning Service of Colombia, and trainees will be evaluated by CAMACOL B&C, the Colombian Chamber of Construction. Workers will receive certifications from SENA for the competencies in which they have been trained.

Six Los Angeles County Residents Charged in $4 Million Mortgage Fraud Scheme

LOS ANGELES, CA - July 11, 2011 - (RealEstateRama) -- Six Los Angeles County residents have been charged for their roles in a mortgage fraud scheme that used fraudulent loan applications and supporting documents to convince lenders to fund approximately 20 loans that resulted in approximately $4 million in losses.

MassHousing Closes $1.759 Million Loan for Affordable Homes in Easthampton

BOSTON , MA - July 11, 2011 - (RealEstateRama) -- MassHousing announced today that it has closed a $1.759 million loan for the Homes at Easthampton Meadow, the third and final phase of a mixed-income, multi-generational housing community for seniors and families with foster or pre-adoptive children.

Department of Housing and Community Development Offers Money to Homeowners to Avoid Foreclosure

Boston, MA - July 11, 2011 - (RealEstateRama) -- On June 20, the Department of Housing and Community Development (HUD) made funding available to help homeowners avoid foreclosure. The funding program – the Emergency Homeowners’ Loan Program (EHLP) – will provide much-needed funds for homeowners who have lost their job or experienced an involuntary decline in income. Homeowners who have received a foreclosure notice may be eligible for a deferred payment loan that will allow them to pay loan arrearages, back taxes and up to 24 months of mortgage payments. The EHLP loans will be two-year, no interest, forgivable loans. Eligible families must make less than 120 percent of the median income.

FEMA Housing Inspectors Visiting Neighborhoods in Franklin and Johnson Counties

LITTLE ROCK, AR - July 11, 2011 - (RealEstateRama) -- Housing inspectors from the Federal Emergency Management Agency (FEMA) have started visiting disaster-damaged homes in Franklin and Johnson counties as an early step in rushing assistance to elig...

OBAMA ADMINISTRATION LAUNCHES STRONG CITIES, STRONG COMMUNITIES TO SUPPORT LOCAL DEVELOPMENT

Washington, D.C. - July 11, 2011 - (RealEstateRama) -- Today, the Obama Administration launched Strong Cities, Strong Communities (SC2), a new and customized pilot initiative to strengthen local capacity and spark economic growth in local communities, while ensuring taxpayer dollars are used wisely and efficiently. To accomplish this, federal agencies will provide experienced staff to work directly with six cities: Chester, PA; Cleveland, OH; Detroit, MI; Fresno, CA; Memphis, TN; and New Orleans, LA. These teams will work with local governments, the private sector, and other institutions to leverage federal dollars and support the work being done at the local level to encourage economic growth community development.

OHFA TO SERVE AS PROJECT BASED CONTRACT ADMINISTRATOR FOR THE STATE OF OHIO

COLUMBUS, OH - July 8, 2011 - (RealEstateRama) -- The Ohio Housing Finance Agency (OHFA) was recently selected by the U.S. Department of Housing and Urban Development (HUD) to serve as the Project Based Contract Administrator (PBCA) for Section 8 pr...

HOUSING AGENCY ALLOCATES STABILIZATION FUNDS

BISMARCK, ND - July 8, 2011 - (RealEstateRama) -- The North Dakota Housing Finance Agency (NDHFA) has awarded more than $4.2 million through the federal Neighborhood Stabilization Program for the redevelopment of foreclosed, abandoned or vacant propert...

Fourth Annual LoDo Loft Tour to Benefit Family Homestead Non-profit for Homeless Families

DENVER, CO - July 8, 2011 - (RealEstateRama) -- HomeSteaders, the auxiliary support group for the non-profit Family HomeStead organization, will host its Fourth Annual LoDo Loft Tour on Sunday, July 24, 2011 from 2-5 p.m. Family HomeStead provides ...

IHFA to Oversee Federal Housing Compliance for 18,623 Section 8 Apartment Units

BOISE, ID - July 8, 2011 - (RealEstateRama) -- Idaho Housing and Finance Association (IHFA) was awarded the administration of four Project Based Contract Administration (PBCA) contracts by the U.S. Department of Housing and Urban Development (HUD). Last year, IHFA performed PBCA monitoring on 3,362 apartment units in Idaho. With the new contracts, IHFA will now monitor an additional 15,261

Agriculture Secretary Vilsack Announces Funding To Preserve and Revitalize Rural Rental Housing Complexes

WASHINGTON, DC - July 8, 2011 - (RealEstateRama) -- Agriculture Secretary Tom Vilsack today announced that USDA is accepting applications to participate in a demonstration program to preserve and revitalize existing Multi-Family Housing projects financed by Rural Development.

Senior Home Equity Remains Greater Than $3 Trillion Despite Renewed Concerns About National Home...

Washington, DC - July 8, 2011 - (RealEstateRama) -- An estimate of senior home equity owned by Americans aged 62 and over stood at $3.2 trillion as of the end of the first quarter in 2011, according to results from the recently released NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI). The index has tracked reverse mortgage market opportunity since 2000 by analyzing and reporting on trends in senior home values and home equity levels.

Hanley Investment Group Awarded Exclusive Listing to Sell 500,000 SF Shopping Center Portfolio

IRVINE, CA - July 7, 2011 - (RealEstateRama) -- Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today that the firm is now marketing for sale a portfolio of four shopping centers in southern California in Hawaiian Gardens, Lancaster, Mission Viejo and Oxnard. Consisting of approximately 517,870 total square feet, the four properties are offered for sale unpriced and can be purchased individually or as a portfolio.

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