BROOKLYN ATTORNEY CONVICTED IN MULTIMILLION-DOLLAR MORTGAGE FRAUD SCHEME

New York, NY - February 6, 2009 - (RealEstateRama) – LEV L. DASSIN, the Acting United States Attorney for the Southern District of New York, announced that attorney ALEXANDER KAPLAN was found guilty today of participating in a multimillion-dollar mortgage fraud scheme. KAPLAN was found guilty, after a two-week jury trial in Manhattan federal court, on all eighteen counts in the Indictment against him.

Triennial Study Shows That New York City’s Total Housing Supply and Neighborhood Satisfaction Reach...

New York, NY - February 10, 2009 - (RealEstateRama) – Mayor Michael R. Bloomberg, Deputy Mayor for Economic Development Robert C. Lieber and Department of Housing Preservation and Development (HPD) Acting Commissioner Marc Jahr today released the initial results of the 2008 New York City Housing and Vacancy Survey.

NYS Affordable Housing Corporation Approves $459,000 Grant to Build 12 Affordable Single-Family Homes in...

NEW YORK, NY - January 29, 2009 - (RealEstateRama) – The board of the New York State Affordable Housing Corporation (AHC)today approved a $459,000 grant to the Community Development Agency of the City of Gloversville for the construction of twelve single-family modular units.

NYS Affordable Housing Corporation Approves $700,000 Grant to Build 20 Affordable Homes in the...

NEW YORK, NY - January 29, 2009 - (RealEstateRama) – The board of the New York State Affordable Housing Corporation (AHC) today approved a $700,000 grant to North Country Affordable Housing, Inc. for the construction of 20 single-family homes in Jefferson, Lewis, Oneida and St. Lawrence counties.

NYS Affordable Housing Corporation Approves $300,000 Grant to Improve 50 Homes in Onondaga County

NEW YORK, NY - January 29, 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 to finance improvements for 50 single-family homes in the county.

NYS Affordable Housing Corporation approves $1.4 Million Grant to Finance 35 Affordable Condominiums in...

NEW YORK, NY - January 29, 2009 - (RealEstateRama) – The board of the New York State Affordable Housing Corporation (AHC) today approved a $1.4 million grant to the Village of Port Chester to finance the construction of 35 single-family condominium units.

NYS Affordable Housing Corporation Approves $800,000 To Rehab 78 Rochester Homes

NEW YORK, NY - January 29, 2009 - (RealEstateRama) – The board of the New York State Affordable Housing Corporation (AHC) today approved two grants totaling $800,000 to finance improvements to 78 single-family homes in the City of Rochester.

NYS Housing Finance Agency Approves $35.25 Million in Financing for 106 Affordable Housing Units...

NEW YORK, NY - January 29, 2009 - (RealEstateRama) – The board of the New York State Housing Financing Agency (HFA) today approved $35.25 million in financing to build 106 affordable housing units--including 55 units for households with special needs--in the Morris Heights section of the Bronx.

New York State Approves $38.9 Million in Financing to Preserve and Create 301 Affordable...

NEW YORK, NY - January 29, 2009 - (RealEstateRama) – New York State today approved $38.9 million in financing to preserve and create 301 units of affordable housing throughout the state. The approvals were made by the NYS Housing Finance Agency (HFA) and the NYS Affordable Housing Corporation (AHC)

Fast Actions Saves More than 1,100 Units of Affordable Housing

Albany, NY - January 27, 2009 - (RealEstateRama) – The New York State Division of Housing and Community Renewal (DHCR) was the first housing agency in the nation to address financing gaps and other problems caused by the economic downturn. As a result the agency preserved 15 threatened developments, saving 1,132 units of affordable housing

Nearly 21,600 Homes to Benefit from $108 Million in Weatherization Assistance this Year

Albany, NY - January 27, 2009 - (RealEstateRama) – Governor David A. Paterson today announced that New York would receive an additional $48 million in federal funding for the State's Weatherization Assistance Program (WAP), bringing this year's total amount of available federal funds to $108 million.

Arrests Part of AG’s Ongoing Statewide Initiative to Protect Vulnerable Nursing Home Residents

ROCHESTER, N.Y. - January 29, 2009 - (RealEstateRama) – Attorney General Andrew M. Cuomo today announced the arrests of two healthcare workers for allegedly abusing elderly residents in separate incidents at Rochester area nursing homes

Federal Home Loan Bank Of New York Backs $142 Million In Nyc Housing Development...

NEW YORK, N.Y. - January 29, 2009 - (RealEstateRama) – The Federal Home Loan Bank of New York(FHLB-NY) has purchased $140 million in taxable bonds issued by the New York City Housing Development Corporation (HDC) to support the development and preservation of thousands of units of affordable housing in New York City.

DHCR Announces Community Planning Grants to Support Local Planning Efforts

Albany, NY - January 29, 2009 - (RealEstateRama) – Deborah VanAmerongen, commissioner of the state Division of Housing and Community Renewal (DHCR) announced nearly $500,000 in Community Planning grants to 23 municipalities in 19 counties around Upstate New York.

DHCR’s Office of Community Renewal Announces Funding Available for 2009 NYS Community Development Block...

Albany, NY - January 28, 2009 - (RealEstateRama) – DHCR's Office of Community Renewal (OCR) announces the availability of approximately $40 million in NYS Community Development Block Grant (CDBG) funding for the 2009 Annual Competitive Round Program and the Open Round Economic Development Programs, and approximately $5 million in ...

DHCR Helps Make Free Assistance Available to Homeowners at Risk of Foreclosure

Albany, NY - January 26, 2009 - (RealEstateRama) – Executive Deputy Commissioner Brian Lawlor participated in a press conference recently to announce the availability of free, quality foreclosure prevention counseling in the Capital Region and throughout the state.

New York Banking Department and RealtyTrac® Release Fourth Quarter and Full Year 2008 Foreclosure...

New York, N.Y. - January 25, 2009 - (RealEstateRama) – The New York State Banking Department and RealtyTrac® released New York county-level foreclosure statistics for the fourth quarter and full year ended December 31, 2008. According to RealtyTrac there were 8,366 properties with foreclosure filings in New York during the fourth quarter of 2008 and 50,032 during the full year 2008.

Governor Paterson Announces Federal Approval of State Plan to Distribute $54.5 Million in Funding...

Grants Will Help Buy, Renovate and Resell Foreclosed and Abandoned Properties throughout State New York, NY - January 23, 2009 - (RealEstateRama) – Governor David A. Paterson announced that the U.S. Department of Housing and Urban Development

Statement by Mayor Bloomberg on Start of the Public Approval Process for Coney Island...

Department of City Planning Will Tomorrow Initiate the Seven-Month Uniform Land Use Review Procedure for Revitalization of Coney Island Plans Will Be Reviewed in a Series of Public Hearings and Will Go Before the Local Community Boards, the Borough President, the City Planning Commission and the City Council

Mayor Bloomberg and Hud Secretary Preston Announce Federal Approval of $24 Million for New...

New York, NY- January 14, 2009 - (RealEstateRama) – Mayor Michael R. Bloomberg, United States Department of Housing and Urban Development (HUD) Secretary Steve Preston and City Council Speaker Christine C. Quinn today announced the approval of $24 million in emergency assistance to allow New York City to buy, renovate and resell foreclosed properties.

State has Provided More Than $2.3 Million to Assist Homeowners in Every Region New...

Albany, NY - January 2, 2009 - (RealEstateRama) – Governor David A. Paterson today announced $2.3 million in grants as part of New York’s ongoing efforts to address the subprime mortgage crisis in every county of the State.

NYS Housing Finance Agency Issues RFP for Sale of Howard Park Unit in Queens...

NEW YORK - January 12, 2009 - (RealEstateRama) – The New York State Housing Finance Agency (HFA) today issued a Request for Proposals for developers interested in purchasing the site of the Howard Park Unit in the Howard Beach section of Queens for the development of 100 affordable housing units for low-income senior citizens

HCI and Consumer One to Pay Over $650,000 in Restitution After Illegally Charging Black...

NEW YORK, NY - January 5, 2009 - (RealEstateRama) – Attorney General Andrew M. Cuomo today announced results of a landmark investigation with the New York State Department of Banking into discriminatory practices in the mortgage brokerage industry.

DHCR Grants Will Help Seniors Repair Dangerous Conditions in Their Homes

Albany, NY- December 22, 2008 - (RealEstateRama) – The state Division of Housing and Community Renewal has announced $3 million in grants from the Residential Emergency Service...

New York State Senate Confirms Bill Myers to the Board of the State of...

NEW YORK, NY - December 22, 2008 - (RealEstateRama) – Bill Myers, founder of the Alternatives Federal Credit Union, has been confirmed by the New York State...