Yearly Archives: 2009

NYS Affordable Housing Corporation Approves $3.5 Million in Grants to Build and Renovate 276...

NEW YORK, NY - December 3, 2009 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved more than $3.5 million in grants to finance the construction and renovation of 276 affordable housing units throughout New York State.

Schumer Pushes Plan To Expand Access To Affordable Housing For Thousands Of Military Families...

Washington, D.C. - December 3, 2009 - (RealEstateRama) -- Today U.S. Senator Charles E. Schumer announced that he is pushing legislation to help provide more affordable housing options for military service members.

Congressman Murphy Announces Fiscally Responsible Tax Credit for Homebuyers

Washington, DC - December 3, 2009 - (RealEstateRama) -- Today, Congressman Scott Murphy announced that, starting this month, New York homebuyers will be able to take advantage of a fiscally responsible tax credit.

Goldman Sachs to Invest $61 Million in Affordable Housing

NEW YORK, NY - December 2, 2009 - (RealEstateRama) -- The Goldman Sachs Urban Investment Group announced today an investment of $61 million to support the preservation of more than 500 affordable rental homes for low-income New Yorkers.

Mayor Bloomberg Announces Over 100 PlaNYC Energy Efficiency Retrofit Projects Have Been Launched or...

New York, NY - December 2, 2009 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Deputy Mayor for Operations Edward Skyler and Department of Citywide Administrative Services Commissioner Martha K. Hirst today announced that 104 projects to reduce energy use and meet the emissions reduction goals of PlaNYC are under construction or completed.


New York, NY - November 30, 2009 - (RealEstateRama) --BRP Companies and Halstead Property Development Marketing today announced the commencement of sales for The Douglass, a new high-end condominium development located in South Harlem at 2110 Frederick Douglass Boulevard at the corner of 114th Street.

New York home sales up nearly 8 percent in October

Albany, NY - November 23, 2009 - (RealEstateRama) -- Driven by buyers wanting to close before the anticipated first-time homebuyer tax credit deadline, October sales jumped nearly 8 percent from the previous month and nearly 6 percent compared to October 2008, according to preliminary existing single-family sales data accumulated by the New York State Association of REALTORS.

New York State Real Estate Board To Hold Public Hearing — December 3, 2009

ALBANY, NY - November 23, 2009 - (RealEstateRama) -- The New York State Real Estate Board will hold a public hearing on general real...

HPD Announces Development Teams To Build 770 Units Of New Mixed-Use Affordable Housing At...

New York, NY - November 19, 2009 - (RealEstateRama) -- New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero announced today the selection of the developers who will construct mixed-use affordable housing on the last large city-owned tracts of land in the Melrose Commons North Urban Renewal Area (URA),

New DHCR Program Targets $5 Million to Replace Dilapidated Mobile and Manufactured Homes with...

Albany, NY - November 19, 2009 - (RealEstateRama) -- DHCR is responding to an important need in rural communities with a new initiative to provide safer, more affordable homes for low-income individuals and families by replacing severely substandard and dilapidated mobile and manufactured homes with new ENERGY STAR Qualified manufactured housing.

Former Real Estate Investment Company Owner Pleads Guilty to Laundering Proceeds of Mortgage Fraud

ALBANY, NY - November 19, 2009 - (RealEstateRama) -- Andrew T. Baxter, United States Attorney, Patricia J. Haynes, Special Agent in Charge, Internal Revenue Service, Criminal Investigation Division (New York Field Office), John F. Pikus, Special Agent in Charge, Albany Division of the Federal Bureau of Investigation, and Robert Bethel, Inspector in Charge, United States Postal Inspection Service, announce that KEVIN M. O’CONNELL, age 35, of Albany,

City challenges more New Yorkers than ever before to help with annual count

New York, NY - November 18, 2009 - (RealEstateRama) -- Department of Homeless Services (DHS) Commissioner Robert V. Hess today announced that the eighth annual Homeless Outreach Population Estimate (HOPE 2010), a survey of individuals living on New York City streets, parks and other public spaces, will be held on the night of Monday, January 25, 2010.

Home Headquarters Receives $100,000 Grant from NeighborWorks America to Help Strengthen Auburn and Binghamton...

Washington, DC - November 16, 2009 - (RealEstateRama) -- NeighborWorks America today announced that it awarded a special $100,000 grant to Syracuse-based Home HeadQuarters, Inc., a member of the national NeighborWorks network, to help the organization expand its community stabilization work to the Auburn and Binghamton communities.

Officials Join with CPC Resources and Rockland Housing Action Coalition to Celebrate Completion of...

SPRING VALLEY, NY - November 17, 2009 - (RealEstateRama) -- The first phase of a comprehensive urban renewal plan to revitalize downtown Spring Valley took a big step forward today as Village, County, Town and State officials joined with representatives of CPC Resources, Inc. and Rockland Housing Action Coalition to celebrate the grand opening of the Spring Valley Senior Apartments.

Schumer Announces Federal Grant Will Help Bronx Veterans Group Add 145 Beds For Homeless...

Washington D.C. - November 17, 2009 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer announced that the U.S. Department of Veterans Affairs (VA) has awarded Enphront Veteran Services $347,215 to add 145 beds for homeless veterans in the Bronx.

Assembly Protects Homeowners, Tenants By Strengthening Foreclosure Law

Albany, NY - November 16, 2009 - (RealEstateRama) -- Assembly Speaker Sheldon Silver, Judiciary Committee Chair Helene Weinstein, Banks Committee Chair Darryl Towns and Housing Committee Chair Vito Lopez today announced the passage of a measure that strengthens current foreclosure law to protect homeowners and tenants

Governor Paterson Announces Passage Of Comprehensive Foreclosure Legislation

Albany, NY - November 16, 2009 - (RealEstateRama) -- Governor David A. Paterson and Legislative Leaders today announced passage of the Governor’s Program Bill No. 46, which provides additional critical protections for New York State homeowners, tenants and neighborhoods in the wake of the ongoing foreclosure crisis.

Homebuyers Tax Credit Extension Is Helping Li Economy

Hampton Bays, NY - November 13, 2009 - (RealEstateRama) -- Today, Congressman Tim Bishop was joined by first time homebuyers and a local realtor and contractor to demonstrate the how the $8000 first-time homebuyer tax credit is helping turn around Long Island’s economy.

Schumer: More Than 14,000 Nys Vets Now Homeless — Current Veterans Health And Homeless...

Washington, DC - November 11, 2009 - (RealEstateRama) -- U.S. Senators Charles E. Schumer today said that current federal veteran’s health and homeless prevention programs are starved for funding and cannot handle the massive wave of traumatized veterans forced to live on the streets.

Schumer, Menendez: Nearly 10,000 Nyc Metro Area Vets Now Homeless — Current Veterans Health...

Washington, DC - November 11, 2009 - (RealEstateRama) -- U.S. Senators Charles E. Schumer and Robert Menendez today said that current federal veteran’s health and homeless prevention programs are starved for funding and cannot handle the massive wave of traumatized veterans forced to live on the streets.

Hinchey Details How Southern Tier Residents Will Benefit from Extended & Expanded Homebuyer Tax...

Johnson City, NY - November 11, 2009 - (RealEstateRama) -- As part of his ongoing effort to strengthen the housing market and the overall economy in the Southern Tier, Congressman Maurice Hinchey (D-NY) today held a roundtable discussion with members of the Greater Binghamton Association of Realtors to discuss legislation he recently helped the House pass that extends the $8,000 federal tax credit for first-time homebuyers through April 30, 2009 and creates a new $6,500 federal tax credit for non-first-time homebuyers who have been in their current residence at least five years.

Home Buyer Tax Credit Fuels Long Island Home Sales

West Babylon, NY - November 10, 2009 - (RealEstateRama) -- The Multiple Listing Service of Long Island, Inc. (MLSLI) released the October 2009 housing statistics for Long Island that reported a $360,200 closed median home price for Nassau, Suffolk and Queens County.

County Executive Steve Levy & LIBOR Announce New Fair Housing Law in Suffolk County

West Babylon, NY - November 10, 2009 - (RealEstateRama) -- The Long Island Board of REALTORS® (LIBOR) is proud to announce that County Executive Steve Levy has signed ground breaking fair housing legislation for Co-ops into law.

OTDA Helps Open Homeless Housing Project in Albany

Albany, NY - November 3, 2009 - (RealEstateRama) -- The State Office of Temporary and Disability Assistance (OTDA) recently helped Interfaith Partnership for the Homeless open its new Sheridan Hollow Housing project, while recognizing November as Homeless Awareness Month, at an event in Albany.

TCAP Funds Will Jumpstart Construction Or Rehabilitation Of Affordable Housing In The Bronx, Brooklyn,...

New York, NY - November 6, 2009 - (RealEstateRama) -- New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero today announced the recipients of the agency’s second round of funding from the American Recovery and Reinvestment Act’s Tax Credit Assistance Program (TCAP).

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Homeless Activists Disrupt City Budget Hearing to Demand Mayor’s ‘Housing New...

As the City of New York negotiates the housing budget amidst an unprecedented homelessness crisis, homeless activists from the House Our Future NY campaign interrupted a budget hearing held by the City Council’s Housing and Buildings Committee. Led by Nathylin Flowers Adesegun–the homeless 73-year old