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New York RealEstateRama is an Internet based Real Estate News and Press Release distributor chanel of RealEstateRama for New York Real Estate publishing community.

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Total Household Debt Remains Sluggish Yet Non-Housing Debt Continues Expanding

The Federal Reserve Bank of New York today issued its Quarterly Report on Household Debt and Credit, which reported that total household debt increased modestly by $63 billion (a 0.5% increase) to $12.35 trillion during the third quarter of 2016. There were increases across every type of non-housing debt, with a 2.9% increase in auto loan balances, a 2.5% increase in credit card balances, and a 1.6% percent increase in student loan balances this quarter.

Congressman Meeks’ Statement on HUD-Nominee Ben Carson

Congressman Gregory W. Meeks, Senior Member of the House Financial Services Committee, released the following statement on President-elect Trump's nomination of Dr. Ben Carson for Secretary of Housing and Urban Development (HUD

Vice Chair Crowley Endorses NYS Assemblyman Andrew Hevesi’s Home Stability Support Initiative to Combat...

Rep. Joe Crowley (D-Queens, the Bronx), Vice Chair of the Democratic Caucus, released the following statement in support of NYS Assemblyman Andrew Hevesi’s Home Stability Support (HSS) initiative to address New York’s growing homeless crisis

NYS Homes and Community Renewal Announces $2 Million Pilot Program to Replace Dilapidated Manufactured...

New York State Homes and Community Renewal Commissioner James S. Rubin today announced a $2 million pilot program to address the prevalence of older, dilapidated mobile and manufactured homes and preserve an important source of affordable housing in New York. The Mobile and Manufactured Home Replacement Pilot Program (MMHR) assists homeowners to remove and replace dilapidated mobile or manufactured homes with new, energy efficient manufactured, modular or site built homes.

HUD Funds will be used to Help Low-Income, At-Risk Veteran Families With Safe and...

U.S. Senators Charles Schumer and Kirsten Gillibrand and New York City Mayor Bill De Blasio today announced $265,536 in federal funding for New York City. The funding was allocated through the U.S. Department of Housing and Urban Development’s (HUD) Veterans Affairs Supportive Housing (VASH) program to provide homeless veterans access to affordable housing. Specifically, the New York City Housing Preservation Department will use the federal funds to reserve a total of 24 apartments at three new building complexes for homeless veterans.

N.Y. POWER AUTHORITY ANNOUNCES COMPLETION OF ENERGY-SAVING LIGHTING PROJECTS IN BUFFALO

The New York Power Authority today announced the completion of new energy-efficient lighting projects in Buffalo’s City Hall and on its downtown streets that will save the city more than $65,000 in annual energy costs. The new LED fixtures will last thousands of hours longer than incandescent and fluorescent bulbs and use a fraction of the electricity, helping the city reach its goal of becoming 20 percent more energy efficient by 2020.

Five Congressional Members Ask Army Corps to Extend Comment Period for Sandy Recovery

More than four years after Superstorm Sandy touched down in many areas of New York, decimating the city’s homes, businesses and shoreline, five members of Congress have asked the Army Corps of Engineers to give citizens an opportunity have a stronger voice in the recovery and resiliency effort. On the cusp of the deadline set by the Army Corps of Engineers for comment on the Draft Integrated Hurricane Sandy General Re-evaluation Report, U.S. Reps.

Housing Visions and New York State Homes and Community Renewal Celebrate the Ribbon Cutting...

Housing Visions Unlimited, Inc. NYS Homes and Community Renewal (HCR), the City of Syracuse, elected officials, and partners celebrated the ribbon cutting of Salina Crossing, a mixed-used development that has created 49 modern, safe and affordable housing units for low-income households and nearly 6,000 square feet of commercial space to revitalize two neighborhoods connected by Salina Street, a main thoroughfare that spans the Northside and Southside of Syracuse

City and State Housing Agencies Join Project Partners to Celebrate the Completion of the...

New York State Homes and Community Renewal (HCR), the New York City Department of Housing Preservation and Development (HPD) and New York City Housing Development Corporation (HDC), join Monadnock Development, Signature Urban Properties, and GTIS Partners for a ribbon-cutting ceremony to mark the completion of construction of the first two of ten planned buildings at Compass Residences in the Bronx.  Project partners also in attendance included MBD, Community Housing Corporation and Dattner Architects

New York Department of State Hosts State Fire Prevention and Building Code Council Public...

The New York Department of State will host a public meeting of the State Fire Prevention and Building Code Council on Friday, December 9, 2016, 10:00 a.m. at 99 Washington Avenue in Albany; 123 William Street in New York City; and 65 Court Street in Buffalo. The meeting will be held via videoconference at all locations.
Rochester’s Cornerstone Group

New York State, Rochester’s Cornerstone Group and Local Partners Celebrate Groundbreaking for $11.8 Million...

New York State Homes and Community Renewal (HCR) and the New York State Office for People With Developmental Disabilities (OPWDD) joined Rochester’s Cornerstone Group, Lifetime Housing Development Corporation and local partners to celebrate the groundbreaking for the $11.8 million Frances Apartments in the Town of Sweden, Monroe County. When completed in 2017, the 56-unit affordable housing development will offer affordable housing for low-income individuals and residential based services for residents with developmental disabilities

N.Y. POWER AUTHORITY ANNOUNCES ENERGY EFFICIENCY LIGHTING UPGRADES AT STATE MUSEUM IN ALBANY

The New York Power Authority today announced the completion of an energy-efficiency project at the New York State Museum that will save nearly $200,000 in annual energy and maintenance costs and reduce greenhouse gases by approximately 900 tons annually, the equivalent of taking 190 cars off the road.

NYS Veterans: Claim Your Benefits from Local Property Tax Exemptions

The New York State Department of Taxation and Finance today reminded veterans to take advantage of the valuable year-round tax exemptions and credits available to them, their families, and employers

Home Energy Assistance Program (HEAP) 2016-2017 Opening Dates and Information

The Heating Equipment Repair/Replacement benefit of the Home Energy Assistance Program (HEAP) opens today, November 7, 2016. If your home’s heating equipment needs repair or replacement please contact the Department of Family Services at 845-807-0142 to schedule a review of your situation and file an application, if needed

Mayor David Announces 10-Unit Homeless Veterans Housing Project

Mayor Richard C. David today announced construction of a 10-unit homeless veterans housing project at 27 Pine St. in Binghamton, the latest effort of Mayor David’s Blue Ribbon Commission to End Veteran Homelessness.

Crowley, Gianaris, Simotas, Constantinides Cheer Amtrak’s Decision to Rescind Exorbitant Rent Hikes for Homeowners

Rep. Joe Crowley (D-Queens, the Bronx), Vice Chair of the Democratic Caucus, along with NYS Senator Michael Gianaris, NYS Assembly Member Aravella Simotas, and NYC Council Member Costa Constantinides, were joined by local residents at a press conference to cheer Amtrak’s decision to halt any further actions or negotiations regarding properties many homeowners in Astoria have leased for decades.

Rep. Gibson calls for Congressional investigation of response to Rensselaer County water contamination

Congressman Chris Gibson (NY-19) submitted a letter to House Committee on Oversight and Government Reform Chairman Jason Chaffetz (UT-3) requesting the committee investigate the response by New York State and federal officials to the contamination of drinking water in Hoosick Falls and Petersburgh.

First of Two Installments to Help Thousands of Vulnerable NY Seniors & Families Who...

U.S. Senators Charles Schumer and Kirsten Gillibrand today announced the release of $325,060,769 in heating and home energy assistance funds from the U.S. Department of Health and Human Services (HHS). The Low Income Home Energy Assistance Program (LIHEAP) is the main federal program that helps low-income households and seniors with their energy bills, providing vital assistance during both the cold winter and hot summer months.

Four Years After Superstorm Sandy, Failed Claims Process Has Left Tens Of Thousands Of...

U.S. Senators Charles E. Schumer and Kirsten Gillibrand today called on the Department of Homeland Security (DHS) Office of Inspector General (IG) to prioritize and provide a timeline for completing an investigation into mismanagement, failures in oversight, and potential fraud in the National Flood Insurance Program (NFIP) immediately after the storm. In the aftermath of Superstorm Sandy, thousands of New York homeowners were underpaid on their flood claims, potentially as the result of a fraudulent scheme to intentionally underpay policyholders by altering engineering reports

FHLBNY Announces Third Quarter 2016 Operating Highlights

The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended September 30, 2016. “Our members continue to rely on the dependable funding we provide, as reflected in the steady growth of our advances levels through the first nine months of the year,” said José R. González, president and CEO of the FHLBNY.

Comptroller Stringer Investigation: Child Care Centers in City Shelters Put Homeless Children at Risk

City Comptroller Scott M. Stringer today released a wide-ranging investigation that found dangerous shortcomings in how child care services are provided to children age zero to three in City shelters, including a failure to ensure that child care workers undergo criminal background checks or enforce basic health and safety standards.  In short, the report found that child care services at City shelters are not subject to the same health and safety regulations that govern child care facilities outside of shelters.

N.Y. POWER AUTHORITY PARTNERS WITH ALBANY COUNTY ON COMPREHENSIVE ENERGY EFFICIENCY IMPROVEMENTS

The New York Power Authority (NYPA) has partnered with Albany County to complete comprehensive energy-saving improvements at the County Office Building and Family Court. The project will save about $88,000 in annual energy costs and remove roughly 540 tons of greenhouse gases annually

Center for NYC Neighborhoods and Citi announce joint effort to advance groundbreaking community land...

The Center for NYC Neighborhoods and Citi Community Development today announced plans to establish a groundbreaking city-wide community land trust (CLT) to advance affordable homeownership across the five boroughs of New York City. The CLT, which uses a non-profit approach to supporting community-controlled ownership of land, would create new affordable homeownership opportunities for middle- and working-class families over the long-term and shield homeowners from practices that can lead to foreclosure and displacement.

Mayor de Blasio, City Officials, the Boys and Girls Club of Harlem, Monadnock Development...

Mayor Bill de Blasio and Department of Housing Preservation and Development Commissioner Vicki Been today announced the opening of The Residences at PS 186, a 79-apartment mixed-use affordable housing project that is also home to a more than 11,000-square-foot state-of-the-art clubhouse for the Boys and Girls Club of Harlem (BGCH). The homes will be affordable to individuals earning as little as $24,000, and families with incomes of $31,000 a year.

MAYORS OF BUFFALO, NIAGARA FALLS, LOCKPORT AND TONAWANDA ANNOUNCE SUCCESS IN CHALLENGE TO END...

Mayors of the Cities of Buffalo (Byron W. Brown), Niagara Falls (Paul Dyster), Lockport (Anne McCaffrey) and Tonawanda (Rick Davis) are pleased to announce an effective end to Veteran homelessness in response to First Lady Michelle Obama’s call to action through the Mayors Challenge to End Veteran Homelessness in Western New York (WNY).