HPD, HDC, RICHMAN GROUP DEVELOPMENT CORP, AND ELECTED OFFICIALS CELEBRATE GROUND BREAKING FOR MIXED-INCOME...

Harlem, NY - October 29, 2009 - (RealEstateRama) -- New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero and New York City Housing Development Corporation (HDC) President Marc Jahr joined, City Councilwoman Inez E. Dickens, Manhattan Borough President Scott Stringer, Richman Group Development Corporation President Kristen Miller, and Maria Barry of Bank of America Merrill Lynch to celebrate the ground breaking for The Balton and Douglass Park.

Rehab Completed on 20-unit Building in Harlem: Low Income Residents Prepare for Homeownership in...

NEW YORK, NY - October 30, 2009 - (RealEstateRama) -- The Urban Homesteading Assistance Board (UHAB) announces the completion of rehabilitation and permanent financing of 20-units of affordable housing that will soon become a low-income cooperative.

HPD, HDC, Blue Sea Development, And Bronx Borough President Diaz Cut Ribbon At Green,...

Bronx, NY - October 27, 2009 - (RealEstateRama) -- New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero, New York City Housing Development Corporation (HDC) President Marc Jahr and Bronx Borough President Ruben Diaz Jr. joined Les Bluestone and Avery Seavey of Blue Sea Development Co. for a ribbon cutting ceremony today in the South Bronx to unveil the newly completed Eltona.

HUD announces $5.6 million in housing counseling grants to New York nonprofit organizations

NEW YORK, NY - October 14, 2009 - (RealEstateRama) -- New York State families facing foreclosure, seeking affordable rental housing, or hoping to buy their first home will have a greater opportunity to find housing, or keep the homes they have, because of $5.6 million in housing counseling grants announced today by the U.S. Department of Housing and Urban Development.

Lowey Announces Federal Funding for Affordable Housing

WASHINGTON, DC - October 16, 2009 - (RealEstateRama) -- Congresswomen Nita Lowey (D-Westchester/Rockland) today announced that organizations in Westchester and Rockland Counties will receive tens of thousands in federal funding to support a variety of housing and homeownership services, and the City of White Plains will receive more than $900,000 in Community Development Block Grants (CDBG) from the U.S. Department of Housing and Urban Development (HUD).

Snow Belt Housing Receives Nearly $149,000 in Grant Funding for Housing and Economic Development...

SYRACUSE, N.Y. - October 6, 2009 - (RealEstateRama) -- The U.S. Department of Agriculture Rural Development agency has awarded two grants totaling $148,998 to Snow Belt Housing Company, Inc. of Lowville.

HUD announces over $400,000 to stimulate housing in Jamestown

NEW YORK, NY - October 6, 2009 - (RealEstateRama) -- The City of Jamestown will receive $421,657 in funding from the Department of Housing and Urban Development to stimulate its economy and produce affordable housing.

First Affordable Housing Development in Brooklyn with Solar Panels

NEW YORK, NY - September 23, 2009 - (RealEstateRama) -- New York City Housing Development Corporation (HDC) President Marc Jahr, New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero and Alan Bell from Dumont Green LLC, celebrated the groundbreaking for a new eight-story 176 unit affordable apartment building at 1490 Dumont Avenue.

Melinda Katz Endorses David Yassky for Comptroller

New York, NY - September 18, 2009 - (RealEstateRama) -- Council Member and former candidate for Comptroller Melinda Katz today endorsed Council Member David Yassky for New York City Comptroller.

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.

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...

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.

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.

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.

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).

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.

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.

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).