Yearly Archives: 2009

OMRDD Receives $47,000 Hud Housing Grant Award

ALBANY, NY - November 5, 2009 - (RealEstateRama) -- The United States Department of Housing and Urban Development (HUD) has awarded the New York State Office of Mental Retardation and Developmental Disabilities (OMRDD) a grant for $49,716 to allow OMRDD to continue to provide comprehensive housing counseling to individuals with developmental disabilities, their income-eligible parents or legal guardians, and direct care professionals.

NYS Housing Finance Agency and NYS Affordable Housing Corporation Approve $18.8 million in Financing...

NEW YORK, NY - November 5, 2009 - (RealEstateRama) -- The boards of the New York State Housing Finance Agency (HFA) and the New York State Affordable Housing Corporation (AHC) today approved more than $18.8 million in financing to create and preserve 432 affordable housing units throughout New York State.

HUD Secretary Donovan to Keynote Prestigious NYHC and NHC Annual Awards Luncheon

New York, NY - November 6, 2009 - (RealEstateRama) -- The New York Housing Conference (NYHC) and the National Housing Conference (NHC) announced today that Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development (HUD), will deliver the keynote address at the NYHC and NHC 36th Annual Awards Luncheon on December 10.

Hinchey Helps House Pass Bill to Extend Unemployment Insurance Benefits, Homebuyers’ Tax Credit, Business...

Washington, DC - November 5, 2009 - (RealEstateRama) -- Congressman Maurice Hinchey (D-NY) today helped the House pass a bill to provide stability to American families hit hardest by the recession and to stimulate the local economy by extending unemployment benefits, the homebuyers’ tax credit, and tax relief for military families and businesses.

DHCR Announces $27 Million in Stimulus Funds to Jumpstart Affordable Housing

Albany, NY - November 4, 2009 - (RealEstateRama) -- The NYS Division of Housing and Community Renewal (DHCR) today announced the award of $27 million in stimulus funds that will help jumpstart seven developments that had been stalled by the economic downturn.

Treasury awards LISC $115MM in NMTCs

NEW YORK, NY - November 3, 2009 - (RealEstateRama) -- The U.S. Treasury Department has awarded the Local Initiatives Support Corporation (LISC) $115 million in New Markets Tax Credit (NMTC) investment authority in the 2009 round of allocations.

Regus Launches ‘Win an Office’ Sweepstakes

New York City, NY - November 3, 2009 - (RealEstateRama) -- Regus (LSE:RGU), the global leader in flexible workplace solutions, today kicked off its ‘Win an Office’ sweepstakes that will award a lucky small business or entrepreneur one year of office space at one of Regus’ 18 New York City locations. The winner will receive a fully-furnished office for 12 consecutive months

Congressman Eric Massa highlights HEAP home heating assistance program

CORNING, NY - November 2, 2009 - (RealEstateRama) -- Today Congressman Eric Massa highlighted the beginning of the Home Energy Assistance Program (HEAP) application period.

Cuomo Resolves Religious Discrimination Complaint Against Homeowners Association In Suffolk County

NEW YORK, NY - November 2, 2009 - (RealEstateRama) -- Attorney General Andrew M. Cuomo today announced that Stone Ridge Estates at Dix Hills Home Owners Association, which oversees seventy-six condominium units located in Dix Hills, New York, has entered into an agreement with his office to guarantee that its bylaws do not discriminate against residents because of their religion.

Prominent Business Valuator and RE Appraiser Joins MarcumRosenfarb

Melville, NY - November 2, 2009 - (RealEstateRama) -- MarcumRosenfarb LLC, part of the Marcum Group, announced that Raymond Ghelardi, ASA, joined the firm’s forensic and valuation services group as Director of Business Valuation. Ghelardi will focus on growing Marcum’s corporate valuations, intangible asset valuations and financial reporting services.

Homeownership Opportunities Come to the East Concourse Section of the Bronx

NEW YORK, NY - October 30, 2009 - (RealEstateRama) -- Today NYC Development Corporation (HDC) President Marc Jahr, Bronx Borough President Ruben Diaz, Jr. and Vincent Riso from the Briarwood Organization were joined by Daniel Martin from the Housing Partnership Development Corporation, Marian Zucker, Executive Vice President of the New York State Affordable Housing Corporation Fund (AHC) to celebrate the grand opening of The Solara, also known as Grant Avenue Co-op Apartments.


Harlem, NY - October 29, 2009 - (RealEstateRama) -- New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero and New York City Housing Development Corporation (HDC) President Marc Jahr joined, City Councilwoman Inez E. Dickens, Manhattan Borough President Scott Stringer, Richman Group Development Corporation President Kristen Miller, and Maria Barry of Bank of America Merrill Lynch to celebrate the ground breaking for The Balton and Douglass Park.

Gillibrand Takes Action To Crack Down On Fraudulent Use Of First-Time Homebuyer Tax Credit

Washington, DC - October 29, 2009 - (RealEstateRama) -- With new reports that hundreds of thousands are illegally taking advantage of a tax credit to help get first-time homebuyers into the housing market without actually purchasing a home, U.S. Senator Kirsten Gillibrand today co-sponsored legislation that would crack down on fraud and improve oversight of the first-time homebuyer tax credit.

Rehab Completed on 20-unit Building in Harlem: Low Income Residents Prepare for Homeownership in...

NEW YORK, NY - October 30, 2009 - (RealEstateRama) -- The Urban Homesteading Assistance Board (UHAB) announces the completion of rehabilitation and permanent financing of 20-units of affordable housing that will soon become a low-income cooperative.

HPD, HDC, Blue Sea Development, And Bronx Borough President Diaz Cut Ribbon At Green,...

Bronx, NY - October 27, 2009 - (RealEstateRama) -- New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero, New York City Housing Development Corporation (HDC) President Marc Jahr and Bronx Borough President Ruben Diaz Jr. joined Les Bluestone and Avery Seavey of Blue Sea Development Co. for a ribbon cutting ceremony today in the South Bronx to unveil the newly completed Eltona.

NYCEDC Issues RFQ for Potential Developers for Willets Point District

New York City - October 26, 2009 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) today released a Request for Qualifications (RFQ) to identify developers for the first stage of the Willets Point District in northeastern Queens.

Suozzi Announces Transformation of Housing in Rockville Centre

Rockville Centre, NY - October 26, 2009 - (RealEstateRama) -- Nassau County Executive Thomas R. Suozzi was joined today by Legislator Joe Scannell, (D-Rockville Centre) to announce the transformation of 153 units of low-income housing authority property into newly renovated affordable rental housing in Rockville Centre.

Congressman Eric Massa voices support for extending first-time home owners credit

WASHINGTON, D.C. - October 26, 2009 - (RealEstateRama) -- Today Rep. Eric Massa announced his support for extending the first-time homeowners tax credit of $8,000 for new homeowners.

State Awards Homelessness Prevention Funds

Albany, NY - October 22, 2009 - The State Office of Temporary and Disability Assistance (OTDA) today announced that it has awarded homelessness prevention grants of more than $1.3 million through the American Recovery and Reinvestment Act (ARRA) of 2009 to Broome County and the City of Troy in Rensselaer County.

The United States Files Civil Suit To Enjoin Fraud In Government Insured Mortgage Loans

Brooklyn, NY - October 20, 2009 - (RealEstateRama) -- A civil complaint was filed today in federal court in Central Islip against Ideal Mortgage Bankers, Ltd. d/b/a/ Lend America, a mortgage lender located in Melville, Long Island, seeking a court-ordered injunction to prevent the company from making loans insured by the Federal Housing Administration (“FHA”). The complaint also seeks relief against Lend America’s Executive Vice President and Chief Business Strategist, Michael Ashley. The case has been assigned to United States District Judge Joseph F. Bianco.

HUD announces $5.6 million in housing counseling grants to New York nonprofit organizations

NEW YORK, NY - October 14, 2009 - (RealEstateRama) -- New York State families facing foreclosure, seeking affordable rental housing, or hoping to buy their first home will have a greater opportunity to find housing, or keep the homes they have, because of $5.6 million in housing counseling grants announced today by the U.S. Department of Housing and Urban Development.

“IHM Announces Opening of New York City Office at BITAC”

San Diego, CA - October 19, 2009 - (RealEstateRama) -- Sunday, October 18, 2009 John Glen DiGuiseppe, President/CEO of Investors Hospitality Management, the USA’s first sustainable third-party revenue management and ownership services company, announced at BITAC™ Purchasing and Design West 2009’s San Diego conference today the opening of its New York City office at 1385 York Ave, Suite 3A, New York, NY 10021.

Six Individuals Charged in Multi-Million Dollar Mortgage Scheme Against Flaherty Funding

ROCHESTER, NY - October 15, 2009 - (RealEstateRama) -- U.S. Attorney Kathleen M. Mehltretter of the Western District of New York announced that six individuals located in the New York City area were charged yesterday in a criminal complaint with defrauding Flaherty Funding

Lowey Announces Federal Funding for Affordable Housing

WASHINGTON, DC - October 16, 2009 - (RealEstateRama) -- Congresswomen Nita Lowey (D-Westchester/Rockland) today announced that organizations in Westchester and Rockland Counties will receive tens of thousands in federal funding to support a variety of housing and homeownership services, and the City of White Plains will receive more than $900,000 in Community Development Block Grants (CDBG) from the U.S. Department of Housing and Urban Development (HUD).

Thompson Audit: Dhs Delaying And Denying Eligible Families Housing

New York, NY - October 15, 2009 - (RealEstateRama) -- According to an audit released today by New York City Comptroller William C. Thompson Jr., the Department of Homeless Services (DHS) is delaying or denying more than 20 percent of homeless families housing for which they may have been eligible.

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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