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Yearly Archives: 2009
Rangel Fights To Preserve Affordable Housing In West Harlem
NEW YORK, NY - August 23, 2009 - (RealEstateRama) -- Congressman Charles B. Rangel called on Baruch Singer, landlord of Gloria Harding Apartments, to renew the project-based Section 8 contract at the 113 unit building complex to avoid the loss of affordable housing in Harlem.
Public Advocate Gotbaum Calls on City, State, and MTA to Assist Affected Business Owners,...
New York, NY - August 18, 2009 - (RealEstateRama) -- Construction of the Second Avenue subway line threatens the survival of a majority of businesses in the area, forcing wage cuts, layoffs and closings, according to a comprehensive survey of business owners released today by Public Advocate Betsy Gotbaum.
Towns To Attend Macdougal Street Affordable Housing Grant Presentation – Brooklyn, NY – August...
BROOKLYN, NY - August 18, 2009 - (RealEstateRama) -- U.S. Rep. Edolphus “Ed” Towns (NY-10) will be on hand when Astoria Federal Savings and the Federal Home Loan Bank of New York present Concern for Independent Living, Inc. with a $968,087 Affordable Housing Program grant.
Governor Paterson Announces $45 Million In Stimulus Funds To Jumpstart Affordable Housing
Albany, NY - August 18, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced the award of $45 million in affordable housing grants through the American Recovery and Reinvestment Act (ARRA).
Mayor Bloomberg, Governor Paterson and U.S. Department of Housing and Urban Development Announce Nation’s...
New York, NY - August 17, 2009 - (RealEstateRama) -- Mayor Michael R. Bloomberg and Governor David A. Paterson today announced that New York City is first City in the nation to begin construction of new affordable housing using funds from the American Recovery and Reinvestment Act’s Tax Credit Assistance Program (TCAP).
New York Fed Streamlines External Investment Managers for Agency MBS Purchase Program
New York, NY - August 17, 2009 - (RealEstateRama) -- The Federal Reserve Bank of New York today announced that it has streamlined the set of external investment managers for the agency mortgage backed securities purchase program, reducing the number of investment managers from four to two.
HDC Announces Interest in Purchasing a Portion of HUD’s Multi-Family Loan Portfolio
NEW YORK, NY - August 12, 2009 - (RealEstateRama) -- Today, the New York City Housing Development Corporation (“HDC”) approved $70 million in Residential Revenue tax-exempt bonds. The Bonds will be used by Q Student Residences, LLC, for the purpose of refunding the Corporation’s Residential Revenue Bonds (Queens College Residences).
New York State Approves $113.4 Million in Financing to Build and Renovate 1,481 Units...
NEW YORK, NY - August 13, 2009 - (RealEstateRama) -- The boards of the New York State Housing Finance Agency (HFA) and the New York State Affordable Housing Corporation (AHC) today approved $113.4 million in financing to build and renovate 1,481 units of affordable housing.
NYS Housing Finance Agency and the NYS Affordable Housing Corporation Approve $43.9 Million in...
NEW YORK, NY - August 13, 2009 - (RealEstateRama) -- The boards of the New York State Housing Finance Agency (HFA) and the New York State Affordable Housing Corporation (AHC) today approved nearly $43.9 million in financing to build and renovate 640 units of affordable housing in New York City.
NYS Housing Finance Agency and NYS Affordable Housing Corporation Approve $54.6 Million to Finance...
NEW YORK, NY - August 13, 2009 - (RealEstateRama) -- The boards of the New York State Housing Finance Agency (HFA) and the New York State Affordable Housing Corporation (AHC) today approved nearly $54.6 million in financing to build and renovate 531 affordable housing units in the greater Rochester area.
NYS Affordable Housing Corporation Approves $900,000 in Grants to Renovate 132 Homes in Southern...
NEW YORK, NY - August 13, 2009 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved two grants totaling $900,000 to renovate 132 homes in the Southern Tier and nearby counties.
NYS Affordable Housing Corporation Approves $120,000 Grant in Nyack to Build Three Affordable Homes
NEW YORK, NY - August 1, 2009 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved a $120,000 grant to the Rural Housing Action Coalition, Inc. (RHAC) to build three homes in the Village of Nyack in Rockland County.
NYS Affordable Housing Corporation Approves $300,000 Grant to Renovate 50 Homes in Onondaga County
NEW YORK, NY - August 1, 2009 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved a $300,000 grant to the Onondaga County Community Development Division (OCCD) to renovate 50 homes in the county.
NYS Affordable Housing Corporation Approves $520,000 in Grants to Renovate 50 Homes in Chautauqua...
NEW YORK, NY - August 13, 2009 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved $520,000 in grants to two nonprofit organizations in Chautauqua County to finance renovations of 50 homes.
NYS Affordable Housing Corporation Approves $800,000 in Grants to Repair 40 Affordable Homes in...
NEW YORK, NY - August 13, 2009 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved $800,000 in grants to renovate 40 affordable homes in the Hudson Valley.
NYS Housing Finance Agency and Affordable Housing Corporation Approve $12.65 Million in Financing to...
NEW YORK, NY - August 13, 2009 - (RealEstateRama) -- The boards of the New York State Housing Finance Agency (HFA) and the New York State Affordable Housing Corporation (AHC) today approved $12.65 million in financing to renovate 141 units of affordable housing in Oneida County.
NYS Affordable Housing Corporation Approves $247,000 Grant to Renovate 22 Homes in Buffalo
NEW YORK, NY - August 13, 2009 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved a $247,250 grant to the University Heights Community Development Association, Inc. (UHCDA) to finance improvements for 22 homes in the City of Buffalo.
Thompson: Nearly 5,000 Homeowners Call Foreclosure Prevention Helpline
New York, NY - August 13, 2009 - (RealEstateRama) -- New York City Comptroller William C. Thompson, Jr. today announced that nearly 5,000 individuals and families have called his Foreclosure Prevention Helpline to ask for help to avoid losing their homes.
Cuomo Announces Lawsuit Against “Amerimod” Loan Modification Company To Protect Distressed Homeowners Facing Foreclosure
NEW YORK, NY - August 13, 2009 - (RealEstateRama) -- Attorney General Andrew M. Cuomo today announced that his office has filed a lawsuit against New York-based American Modification Agency, Inc. (“Amerimod”), one of the largest foreclosure rescue companies in the country, and its owner Salvatore Pane, Jr. for engaging in a wide variety of deceptive business practices and false advertising to induce beleaguered homeowners on the brink of foreclosure to sign up for their services.
Long Island Home Prices Stable Prices Returning to Pre-Boom Levels
West Babylon, NY - August 13, 2009 - (RealEstateRama) -- The Multiple Listing Service of Long Island, Inc., (MLSLI) released July’s 2009 home figures reporting a $375,000 closed median home price for Long Island.
Thompson: DYCD’s Lack Of Oversight Puts Older Homeless Youth At Risk
New York, NY - August 13, 2009 - (RealEstateRama) -- New York City Comptroller William C. Thompson, Jr. today released an audit finding that the New York City Department of Youth and Community Development (DYCD) does not adequately monitor its Transitional Independent Living vendors to ensure that the City is providing the necessary services to older homeless youth.
Suffolk’s Second Stand Up for the Homeless Another Sizable Success
Patchogue , NY - August 10, 2009 - (RealEstateRama) -- Taking another major step in his quest to end homelessness countywide in the next 10 years, County Executive Steve Levy hosted his second Stand Up for the Homeless on Wednesday, August 5, and was able to provided goods and services to over 550 of Suffolk’s neediest.
Rep. Engel Announces Over $3.27 Million HUD Grants For Rockland County
Washington, D.C. - August 10, 2009 - (RealEstateRama) -- Congressman Eliot Engel announced that Rockland County was awarded three housing grants totaling $3,273,306 from the U.S. Department of Housing and Urban Development (HUD).
Encouraging Local Investment in Affordable Housing
Albany, NY - August 7, 2009 - (RealEstateRama) -- The new Birchez at Esopus affordable housing development for seniors was the site of a recent forum aimed at encouraging local investment in affordable housing through the new Upstate Equity Fund. Bankers, developers, and local officials, including Congressman Maurice Hinchey and Ulster Town Supervisor Nicky Woerner, gathered to learn about the benefits of the Low Income Housing Tax Credit (LIHC) Program and the need for local investment in affordable housing.
USDA Home Loans Funded Through the Recovery Act Exceeds 50,000; New York Home Loans...
Combined Rural Development Recovery Act Funding in New York Now Exceeds $120 Million. SYRACUSE, N.Y. - August 10, 2009 - (RealEstateRama) -- The U.S. Department of Agriculture has announced that the number of home loans funded through the American Reinvestment and Recovery Act (ARRA) has now exceeded 50,000. The announcement was made yesterday in Washington, D.C. by Agriculture Deputy Secretary Kathleen Merrigan.
