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SONYMA Mortgage Rates Reduced to Lowest Level in 40 Years

New York, NY - September 7, 2010 - (RealEstateRama) -- The State of New York Mortgage Agency (SONYMA) is now providing the lowest interest rates ever offered for its two primary programs in the agency's 40-year history.

New York State’s Housing Finance Agencies Again Rank as the Country’s Largest Provider of...

New York, NY - February 2, 2010 - (RealEstateRama) -- New York State's housing finance agencies, for the third year in a row, led the country in financing multifamily and single-family affordable housing in 2009.

State of New York Mortgage Agency Approves $37.5 million Insurance

NEW YORK, NY - January 28, 2010 - (RealEstateRama) -- The board of the State of New York Mortgage Agency (SONYMA) today approved a commitment to insure a $37.5 million mortgage on a 144-unit apartment building in Brooklyn that was originally built to be sold as condominium units.

Governor Paterson Announces Federal Homebuyer Tax Credit Cash Advances For Eligible SONYMA Borrowers

Albany, NY - December 15, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced that New York State will offer cash advances of up to $8,000 on the Federal homebuyer tax credit for borrowers using a State of New York Mortgage Agency (SONYMA) mortgage to purchase a home.

CPC Launches $1 Billion Lending Program To Retrofit Existing Buildings

New York, NY - September 30, 2009 - (RealEstateRama) -- The Community Preservation Corporation (CPC), a non-profit affordable housing lender, today announced a new public/private partnership to provide $1 billion in construction and mortgage loans to multifamily housing owners for energy efficient upgrades and property retrofits.

Enterprise Commends Naomi Bayer’s appointment to the Board of Directors of the State of...

Columbia, MD - June 17, 2009 - (RealEstateRama) - Enterprise Community Partners, Inc. commends Governor David A. Paterson for appointing and the New York State Senate for confirming on June 3, 2009 Naomi Bayer to the Board of Directors of the State of New York Mortgage Agency (SONYMA).

NYS Affordable Housing Corporation and State of New York Mortgage Agency Approve $35.8 Million...

NEW YORK, NY - May 7, 2009 - (RealEstateRama) — The boards of the New York State Affordable Housing Corporation (AHC) and the State of New York Mortgage Agency (SONYMA) today approved grants and insurance commitments of $35.8 million to build and renovate 669 affordable housing units across New York State.

State of New York Mortgage Agency Approves Commitment to Insure $14.25 Million Mortgage for...

NEW YORK, NY - May 7, 2009 - (RealEstateRama) — The board of the State of New York Mortgage Agency (SONYMA) today approved a commitment to insure a $14.25 million mortgage for a 132-unit rental housing development in the Town of Halfmoon, Saratoga County.

Popular Government & Nonprofit Press Releases

Recent Government & Nonprofit Press Releases

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