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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.

Hinchey Secures Approval from Key House Panel of $6 Million for Critical Federal Programs...

Washington, DC - July 7, 2011 - (RealEstateRama) -- Congressman Maurice Hinchey (D-NY) today secured approval from a key U.S. House panel of a $6.38 million increase in funding for two critical federal programs that support the Susquehanna Flood Forecast and Warning System (SFFWS). The funding increase will boost the efforts of the U.S. Geological Survey's (USGS) National Streamflow Information Program and The Cooperative Water Program. Both programs offer support to the SFFWS network of rain and stream gages by offsetting operation and maintenance costs of the network

Trial Date Set in Multi-Million-Dollar Mortgage Fraud Case

DALLAS, TX - July 7, 2011 - (RealEstateRama) -- An August 29, 2011 trial date before Chief U.S. District Judge Sidney A. Fitzwater has been set for three defendants charged with running a multi-million-dollar mortgage fraud scheme in the Dallas area, announced U.S. Attorney James T. Jacks of the Northern District of Texas. Gregory Lashon Thomas, Aja D. Crawford (aka Aja Abercrombie), and Ernest Ohenekitiwa McMillan were arrested on conspiracy to commit mail fraud and mail fraud charges outlined in a four-count indictment returned last month. All three pleaded not guilty and have been released on bond.

HUD, CLPHA TO HOST CONFERENCE ON GREEN SOLUTIONS FOR PUBLIC HOUSING

WASHINGTON, DC - July 7, 2011 - (RealEstateRama) -- All across the country, public housing authorities are struggling to control skyrocketing energy costs, often accounting for nearly a quarter of their operating budgets. To help cut energy bills and consumption, the U.S. Department of Housing and Urban Development (HUD) and the Council of Large Public Housing Authorities (CLPHA) will host “Going Green: Intelligent Investments for Public Housing” an energy conservation conference on July 13-14, 2011 in Boston.

DNR Encourages Visitors to ‘Camp Green’ at Michigan State Parks

July 7, 2011 - (RealEstateRama) -- The Department of Natural Resources is asking campers to "go green" this season by participating in the department's Camp Green pilot program. The Camp Green program encourages park guests to follow environmentally friendly and energy-efficient practices while visiting Michigan state parks and recreation areas. There are 10 locations participating in this pilot program: Aloha, Cheboygan, Clear Lake, Onaway, Port Crescent, Seven Lakes, Tawas Point, Traverse City and Wilson state parks, plus Bay City State Recreation Area

MBA’s Stevens Testifies on Future of Mortgage Servicing Standards

WASHINGTON, D.C. - July 7, 2011 - (RealEstateRama) -- David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), testified today before a joint subcommittee of the U.S. House of Representatives Financial Services Committee at a hearing titled “Mortgage Servicing: An Examination of the Role of Federal Regulators in Settlement Negotiations and the Future of Mortgage Servicing Standards.”Below is Mr. Stevens’ oral statement before the subcommittee, as prepared for delivery

Scalise receives ‘Champion of the Merit Shop’ award and ‘Defender of Economic Freedom’ award

Washington, DC - July 7, 2011 - (RealEstateRama) -- Congressman Steve Scalise was recently named a Champion of the Merit Shop by the Associated Builders and Contractors (ABC) and a Defender of Economic Freedom by the Club for Growth in its latest ro...

Brown Announces New Relief For Unemployed Ohioans Facing Foreclosure

WASHINGTON, D.C. - July 7, 2011 - (RealEstateRama) -- U.S. Sen. Sherrod Brown (D-OH) today announced new relief for unemployed Ohioans facing foreclosure. Changes announced today to Federal Housing Administration (FHA) requirements and the Making Home Affordable Program (MHA) would extend the timeline and remove hurdles for unemployed Ohioans to qualify for foreclosure

Take the Guess Work Out of Buying Your First Home

BEDFORD, N.H. - July 7, 2011 - (RealEstateRama) -- Buying your first home is an important milestone, a thrilling adventure, and a serious financial commitment. Yet, the home buying process can also be extremely confusing and mysterious for a first-time...

OBAMA ADMINISTRATION OFFERS ADDITIONAL MORTGAGE RELIEF TO UNEMPLOYED HOMEOWNERS

Washington, DC - July 7, 2011 - (RealEstateRama) -- Today, the Obama Administration announced adjustments to Federal Housing Administration (FHA) requirements that will require servicers to extend the forbearance period for unemployed homeowners to 12 months. The Administration also intends to require servicers participating in the Making Home Affordable Program (MHA) to extend the minimum forbearance period to 12 months wherever possible under regulator and investor guidelines. These adjustments will provide much needed assistance for unemployed homeowners trying to stay in their homes while seeking re-employment. These changes are intended to set a standard for the mortgage industry to provide more robust assistance to unemployed homeowners in the economic downturn.The changes to FHA’s Special Forbearance Program announced today will require servicers to extend the forbearance period for FHA borrowers who qualify for the program from four months to 12 months and remove upfront hurdles to make it easier for unemployed borrowers to qualify.

CONGRESSMAN RUBÉN HINOJOSA ANNOUNCES EMERGENCY HOMEOWNERS? LOAN PROGRAM TO HELP HOMEOWNERS AT RISK OF...

WASHINGTON, D.C. - July 7, 2011 - (RealEstateRama) -- Congressman Rubén Hinojosa announces a new federal program, the Emergency Homeowners Loan Program (EHLP),that will directly help qualifying homeowners with their mortgage.

CFO Jeff Atwater’s Division of Consumer Services Expands Spanish-Speaking Assistance to Unclaimed Property Helpline

TALLAHASSEE, FL - July 7, 2011 - (RealEstateRama) -- Florida Chief Financial Officer Jeff Atwater announced today that he is expanding the availability of Spanish-speaking staff to the Department of Financial Services’ Unclaimed Property Helpline.

Long-Term Housing Options Focus of Walker County Disaster Expo

BIRMINGHAM, AL - July 7, 2011 - (RealEstateRama) -- Tornado survivors can get answers on how to plan and accomplish their permanent housing goals at the Housing and Recovery Expo in Walker County Saturday, July 9

Charles Dunn Company Completes 21,062 Square Foot Lease Valued at $2 Million with APAIT...

LOS ANGELES, CA - July 7, 2011 - (RealEstateRama) -- Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed a five-year, 21,062 square foot lease valued at over $2 million with Asian Pacific AIDS Intervention Team. APAIT positively affects the quality of life for Asian and Pacific Islanders living with or at-risk for HIV/AIDS by providing a continuum of prevention, health and social services, community leadership and advocacy to the Southern California region. The property is located at 1730 W. Olympic Blvd. near the major cross street of Union Avenue, adjacent to Downtown Los Angeles.

Tornado Survivors Can Get Help on Housing Goals at Walker County Expo

BIRMINGHAM, AL - July 7, 2011 - (RealEstateRama) -- Tornado survivors can get answers on how to plan and accomplish their permanent housing goals at the Housing and Recovery Expo in Walker County Saturday, July 9. Many Alabamians are still recoverin...

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

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.