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Yearly Archives: 2009
Vacant Lot in Bed-Stuy Revitalized with Affordable Housing
Albany, NY - September 17, 2009 - (RealEstateRama) -- DHCR Commissioner Deborah VanAmerongen recently joined elected officials and community leaders at 1825 Atlantic Avenue in Brooklyn's Bedford-Stuyvesant neighborhood to celebrate the opening of Atlantic Avenue Apartments.
“nyhomes” Announces “Day 1”–A Credit Enhancement Program for Housing Preservation Developments
NEW YORK, NY - September 15, 2009 - (RealEstateRama) -- "nyhomes," New York State's affordable housing lender, today announced "Day 1"--a new program to offer credit enhancement on construction loans that finance renovations of affordable multifamily properties.
Former Highgate Manor Operator Pleads Guilty in $11 Million Multi-State Mortgage Fraud Scheme
Albany, NY - September 15, 2009 - (RealEstateRama) -- The Office of the United States Attorney for the District of Vermont stated that Benjamin Osmanson, 30, of California and Sarita, Texas, pleaded guilty yesterday to three counts of conspiracy, wire fraud, and money laundering related to his scheme to defraud mortgage lenders by submitting false loan applications in the names of “investors.” Osmanson was arrested in October 2008 in Texas.
Rep. Maloney: Increased FHA Loan Limits Would Help Build Affordable Housing in NYC
Washington, D.C. - September 16, 2009 - (RealEstateRama) -- Congresswoman Carolyn Maloney (D-NY) submitted a statement into the Congressional Record yesterday in support of H.R 3527, the FHA Multifamily Loan Limit Adjustment Act of 2009.
House Passes Weiner Legislation to Ease Lending for Rental Housing
Washington, DC - September 15, 2009 - (RealEstateRama) -- The House of Representatives today passed legislation that would dramatically increase the ability of the Federal Housing Administration to guarantee loan in big cities like New York.
House Passes Lee Legislation to Increase Efficiency at Federal Housing Administration
WASHINGTON, DC - September 15, 2009 - (RealEstateRama) -- The U.S. House of Representatives today unanimously approved bipartisan legislation introduced by Congressman John Adler...
August Long Island Home Sales Show Signs of Recovery as Annual Price Comparison Gaps...
W. Babylon, NY - September 18, 2009 - (RealEstateRama) -- The Multiple Listing Service of Long Island, Inc. released the August 2009 housing figures that reported a $385,000 closed median home price for Long Island, the highest reported since October 2008.
New York State Approves $181.6 Million in Financing to Construct and Preserve 2,060 Affordable...
NEW YORK, NY - September 10, 2009 - (RealEstateRama) -- The boards of the New York State Housing Finance Agency (HFA) and the New York State Affordable Housing Corporation (AHC) approved $181.6 million in financing today to build and preserve 2,060 units of affordable housing throughout New York State.
New York State Board of Real Estate Appraisal To Meet
ALBANY, NY - September 14, 2009 - (RealEstateRama) -- A meeting of the New York State Board of Real Estate Appraisal will be held on Friday, September 18, 2009 at 10:30 a.m. at the Department of State, Division of Licensing Services, Alfred E. Smith State Office Bldg., 80 South Swan Street, 10th Floor Conference Room, Albany, NY, and 123 William Street, 19th Floor Conference Room, NYC, NY.
Suozzi Hosts First Housing Lottery In Nassau County For Foreclosed Properties
MINEOLA, NY - September 14, 2009 - (RealEstateRama) -- Nassau County Executive Thomas R. Suozzi today hosted Nassau's first Neighborhood Stabilization Program lottery for first-time homebuyers to purchase foreclosed properties in Nassau County.
HPD Commissioner Cestero Headlines NYSAFAH Breakfast, Discusses Progress Of Mayor’s New Housing Marketplace Plan
New York, NY - September 10, 2009 - (RealEstateRama) -- New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero delivered remarks this morning at The New York State Association for Affordable Housing (NYSAFAH) Networking Breakfast, regarding HPD’s progress on Mayor Bloomberg’s New Housing Marketplace Plan and the future course of the plan.
United States Files Suit Against Long Island Housing Complex For Fair Housing Act Violations
BROOKLYN, NY - September 10, 2009 - (RealEstateRama) -- Benton J. Campbell, U.S. Attorney for the Eastern District of New York, today announced the filing of a federal civil complaint against Sunrise Villas, LLC, its manager, and assistant manager for violations of the Fair Housing Act. Sunrise Villas, LLC is the owner and operator of the Sunrise Villas apartment complex located at Leonard Court in Lindenhurst, New York.
FORMER BRONX PUBLIC HOUSING TENANTS CELEBRATE HOMEOWNERSHIP
Low-income residents purchase and move into affordable renovated co-op units and thank NYCHA and other supporters for enabling the conversion. Bronx, N.Y. - September 11, 2009 - (RealEstateRama) -- Hundreds of former public housing residents in the Bronx welcomed the unlikely dream of affordable homeownership in once publicly-owned buildings and residents in Mott Haven hosted a family day celebration in honor of those who helped them realize the dream Saturday, September 12, at 12:30 p.m
FREE PUBLIC “ASK THE EXPERT” CALL-IN DAY ANNOUNCED FOR NEW YORKERS WITH HOME IMPROVEMENT...
New York, NY - September 9, 2009 - (RealEstateRama) -- WHO: The New York State Consumer Protection Board (CPB), together with the New York State Builders Association, the New York State Energy Research and Development Authority the Division of Housing and Community Renewal, the Preservation League of New York State and hosted by WMHT, the Capital Region’s public broadcasting station.
Governor Paterson & NYSERDA Help Schenectady Municipal Housing Authority Save Nearly $480,000 in Annual...
Albany, NY - September 8, 2009 - (RealEstateRama) -- The New York State Energy Research and Development Authority (NYSERDA) has made more than $1.6 million available through the Multifamily Performance Program to the Schenectady Municipal Housing Authority (SMHA) as part of a comprehensive statewide energy reduction plan.
HUD Funding Helps New York House Homeless Veterans
Albany, NY - September 3, 2009 - (RealEstateRama) -- The Department of Housing and Urban Development (HUD) announced that it will be providing the NY State Division of Housing and Community Renewal (DHCR) with more than $1.4 million in additional funding for a highly successful program that helps homeless veterans find the housing and clinical services they need.
Empire State Development Awards Watertown A Restore New York Grant For Its Woolworth Building
Albany, NY - September 2, 2009 - (RealEstateRama) -- Empire State Development today announced that the Woolworth Building in Watertown is the recipient of a $2.5 million grant from the third round of Restore New York funding. Empire State Development is providing funding to 79 projects statewide through its Restore New York Communities Initiative.
HUD announces disaster assistance for New York storm victims
WASHINGTON, DC - September 2, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to three western New York counties and provide support to homeowners and low-income renters forced from their homes following last month's severe storms and flooding.
State Announces $25 Million in Stimulus Funding to Prevent Homelessness
Albany, NY - August 28, 2009 - (RealEstateRama) -- The State Office of Temporary and Disability Assistance (OTDA) today announced the award of nearly $25 million in homelessness prevention grants through the American Recovery and Reinvestment Act (ARRA) of 2009. The funds will allow 25 agencies to provide services in 33 counties through the Homelessness Prevention and Rapid Re-housing Program (HPRP).
Turner Selected To Manage $90 Million Of School Construction In Queens, N.Y. For New...
New York, N.Y. - August 28, 2009 - (RealEstateRama) -- Turner Construction Company has been selected by the New York School Construction Authority (SCA) to manage the $43 million renovation and addition to P.S./I.S. 42 in Arverne, Queens, N.Y. and the construction of the $47 million P.S./ I.S. 277 located in Jamaica, Queens, N.Y.
Commissioner joins Governor and Mayor Bloomberg to Announce Nation’s First Housing Project to Use...
New York, NY- August 26, 2009 - (RealEstateRama) -- Commissioner VanAmerongen recently joined Governor Paterson and NYC Mayor Michael Bloomberg to announce that New York City became the first City in the nation to begin construction of new affordable housing using funds from the Tax Credit Assistance Program (TCAP).
Governor Paterson Announces Kick-Off of “Smart Grid” Consortium to Promote State-Of-The-Art, Reliable and Cost-Effective...
Albany, NY - August 25, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced the kick-off of the New York State Smart Grid Consortium to foster the development and deployment of new technology aimed at reducing the cost of electricity while increasing reliability.
HPD Announces 12,500 Units Of Affordable Housing Financed In FY09
New York, NY - August 25, 2009 - (RealEstateRama) -- New York City Housing Preservation and Development (HPD) Commissioner Raphael E. Cestero announced today that amid a nationwide economic downturn and an uncertain housing market, the City has financed more than 12,500 units of affordable housing for middle-class and low-income New Yorkers over the last fiscal year, which ended June 30, 2009.
Turner Completes Largest Green Roof in New York City
Roof atop the United States Postal Service Morgan Mail Processing Facility is Part of the USPS’s Goal to Reduce Energy Usage by 30 Percent by 2015. New York, N.Y. - August 25, 2009 - (RealEstateRama) -- Turner Construction Company, the nation’s largest green builder, has substantially completed New York City’s largest green roof for the United States Postal Service (USPS) atop the 2.2 million sq. ft. Morgan Mail Processing Facility on West 28th Street between 9th and 10th Avenues.
Reminder to First-time Home Buyers: Time is Running Out to Take Advantage of Generous...
Buffalo, NY - August 24, 2009 - (RealEstateRama) -- One of the few silver linings in the dark economic cloud that has been with us for the past year is the great incentive for first time homebuyers enacted by Congress. Since housing closings are actually recorded in the County Clerk's Office, we are directly impacted by activity in the housing markets.
