Hauppauge , NY - March 1, 2010 - (RealEstateRama) -- Despite an ongoing recession and a record number of home foreclosures across the country, County Executive Steve Levy is continuing in his efforts to provide affordable housing opportunities for Suffolk residents.

New York, NY - February 24, 2010 - (RealEstateRama) -- To protect New York’s 400,000 residents of public housing, the Senate Majority today passed S6430A (Squadron) making the New York City Housing Authority (NYCHA) eligible for an immediate infusion of $400 million in capital funding.

Albany, NY - February 22, 2010 - (RealEstateRama) -- Assembly Speaker Sheldon Silver, Ways and Means Committee Chair Herman D. Farrell and Housing Committee Chair Vito Lopez today announced the passage of legislation which would authorize the New York City Housing Authority (NYCHA)

Albany, NY - February 19, 2010 - (RealEstateRama) -- The NYS Division of Housing and Community Renewal announced today that New York leads all other states in disbursing Tax Credit Assistance Program (TCAP) funds included in the American Recovery and Reinvestment Act (ARRA).

Washington, DC - February 18, 2010 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer pledged his support for the New York City Housing Authority’s (NYCHA)

New York, NY - February 4, 2010 - (RealEstateRama) -- Halstead Property Development Marketing and RGS Holdings, LLC, in conjunction with Goldman Sachs Urban Investment Group and JP Morgan Chase Community Development, today announced that 2280 Frederick Douglass Boulevard has been approved by the Federal Housing Administration’s mortgage program. The 12-story new construction condominium development in Harlem, will now allow qualified buyers to purchase a new home with a down payment between 5 and 10%.

Washington, DC - February 4, 2010 - (RealEstateRama) -- With the strength of the housing market linked directly to overall economic prosperity, Congressman Maurice Hinchey (D-NY) and Congressman Elijah Cummings (D-MD) are leading the effort in Congress to convince the Obama administration and Federal Reserve to reverse course and continue several key programs due to soon expire or change that are critical to keeping mortgage rates low and making homeownership more attainable.

New York, NY - February 3, 2010 - (RealEstateRama) -- New York State Senate Finance Committee Chair Carl Kruger and Assembly Ways and Means Committee Chair Herman “Denny” Farrell will conduct a joint budget hearing to examine the Governor’s proposed budget relating to the development and preservation of housing across the state.

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.

JERICHO, NY - February 1, 2010 - (RealEstateRama) -- Despite a tight lending market, Metropolitan Realty Associates, the owner of the Sunrise Business Center in Great River, and its equity partner Angelo, Gordon & Co., LP. have successfully negotiated an extension of their mortgage on the 388,500-square-foot Class A office complex, President Joseph A. Farkas announced today.

NEW YORK, NY - January 28, 2010 - (RealEstateRama) -- The boards of the New York State Affordable Housing Corporation (AHC) and the State of New York Mortgage Agency (SONYMA) today approved $38.9 million in grants and mortgage insurance commitments to preserve 296 units of housing in New York State.

Congressman Rangel Hails Funding for Energy-Efficiency Renovations on 135th Street Multi-Family Housing Project. Washington, DC - January 25, 2010 - (RealEstateRama) -- Congressman Charles Rangel...

COLUMBIA, Md. - January 19, 2010 - (RealEstateRama) -- Enterprise Community Investment, Inc. (Enterprise), a national leader in affordable housing and community development, and National Community Fund I, LLC, an affiliate of United Fund Advisors, LLC, recently closed on a $22.3 million New Markets Tax Credit (NMTC) transaction.

NEW YORK, NY - January 13, 2010 - (RealEstateRama) -- The Community Preservation Corporation (CPC), a New York-based nonprofit that helps finance and develop multi-family housing in the metropolitan area, today announced it is working with IBM (NYSE: IBM) to manage its technology infrastructure and loan processing applications, helping CPC increase processing speed and efficiency, minimize human latency and improve quality and reliability.

New York, N.Y. - January 20, 2010 - (RealEstateRama) -- STV and Turner Construction Company, in a joint venture, have been awarded a $656 million contract to provide construction management services for the new police academy for the New York City Police Department (NYPD) in College Point, Queens, N.Y.

New York, NY - January 14, 2010 - (RealEstateRama) -- Mayor Michael R. Bloomberg announced today that the U.S. Department of Housing and Urban Development (HUD) has awarded more than $20 million in Recovery Act funding to the New York City Department of Housing Preservation and Development under HUD's Neighborhood Stabilization Program 2.

Washington, DC - January 14, 2010 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer announced that Community Builders in Albany has been awarded $5,521,006 through the Department of Housing and Urban Development’s Neighborhood Stabilization Program.

NEW YORK, NY - January 12, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $467,177 to nine public housing authorities to help public housing residents find jobs that lead them toward economic independence. (Please see a listing of New York grantees below.)

ALBANY, N.Y. - January 12, 2010 - (RealEstateRama) -- Congressman Paul Tonko today announces the Housing and Urban Development’s (HUD) release of funding for the Family Self Sufficiency Program.

New York, NY - January 11, 2010 - (RealEstateRama) -- WHAT: Graceline Court’s New Year’s Resolutions Pop-Up Event will feature Whole Foods Market and Harlem Yoga Studio. The event will include: - Cooking demonstrations and tastings by Whole Foods Market chefs who will focus on how to cook and eat healthy in the New Year - Small-group yoga classes taught by expert instructors from Harlem Yoga Studio in a residence that soars above Manhattan and provides incredible city skyline views through floor-to-ceiling windows

Albany, NY - January 7, 2010 - (RealEstateRama) -- Governor David A. Paterson once again demonstrated his commitment to affordable housing and community revitalization by proposing the "Sustainable Neighborhoods" program in his State of the State address.

Albany, NY - January 4, 2010 - (RealEstateRama) -- Commissioner VanAmerongen recently testified before the State Assembly Housing Committee, providing information on DHCR's accomplishments during the last 12 months as well as the challenges the agency will face in the coming year.

Deborah VanAmerongen Brings Wide Range of Experience in Housing and Community Development. (New York, NY - January 4, 2010 - (RealEstateRama) -- International law firm Nixon Peabody LLP announces the addition of Deborah VanAmerongen to its Affordable Housing practice. Ms. VanAmerongen will join Nixon Peabody as a strategic policy adviser as of February 1, 2010. She will be resident in the New York City office. Ms. VanAmerongen will work closely with attorneys in the firm's Affordable Housing practice to provide advice to developers, owners and managers of affordable housing, as well as their financing partners, in the preservation and production of affordable housing nationwide.

Albany, NY - December 28, 2009 - (RealEstateRama) -- State Housing Commissioner Deborah VanAmerongen announced that refinancing has been finalized at the 5,881-unit Starrett City housing complex in Brooklyn, the largest publicly assisted affordable housing complex in the nation.

FARMINGTON HILLS, MI - December 22, 2009 - (RealEstateRama) -- GreenPath Debt Solutions, a nonprofit consumer credit counseling service with seven offices in the greater New York City area, recently released mortgage delinquency data regarding its clients in New York State and New York City