Mayor Bloomberg Announces New NYC Service Initiative to Provide Free Legal Services to Homeowners...

New York, NY - March 29, 2010 - (RealEstateRama) -- Mayor Michael R. Bloomberg, New York City Chief Service Officer Diahann Billings-Burford, Corporation Counsel Michael A. Cardozo and Commissioner of Department of Consumer Affairs Jonathan Mintz today launched a new NYC Service initiative to provide free legal support for New Yorkers at risk of losing their homes to foreclosure.

Department Of Homeless Services Paid Out Millions Of Dollars On Handshake Deals

NEW YORK, NY - March 25, 2010 - (RealEstateRama) -- The Department of Homeless Services (DHS) paid out millions of dollars ($152.7 million in FY08) to non-contracted service providers based on an "honor system" of unwritten agreements, invented rates and duplicate clients lists, according to an audit initiated under former Comptroller William C. Thompson, Jr. and just completed by Comptroller John C. Liu.

DHCR Helps Warn Homeowners to Beware of Loan Modification Scams

Albany, NY - March 2, 2010 - (RealEstateRama) -- DHCR participated recently in the Consumer Protection Board's (CPB) Annual Consumer Action Day at the Empire State Plaza in Albany.

Schumer Reveals Administration Cuts To At-Need Senior Housing On Long Island Could Leave Seniors...

Washington, DC - March 24, 2010 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer said he will fight to reverse budget cuts proposed by Administration in its Fiscal Year 2011 budget for the Section 202 Housing for the Elderly program.

Schumer Urges Obama Administration To Increase Funding To Boost Low-Income Senior Housing Program After...

Washington, DC - March 23, 2010 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer urged the Obama Administration to increase funding for fiscal year 2011 for the Section 202 Housing for the Elderly program. In a letter to Secretary of the U.S. Department of Housing and Urban Development (HUD) Shaun Donovan, Schumer noted that in fiscal year 2010, Congress appropriated $825 million for Section 202 programmatic funding.

Schumer Announces Community Development Corporation Of Long Island Has Been Awarded Nearly $400,000 To...

Washington, DC - March 19, 2010 - (RealEstateRama) -- Today, U.S. Senator Charles E. Schumer announced that Community Development Corporation of Long Island, Inc. (CDC), a member of the national NeighborWorks network, has been awarded $383,400 in funding from NeighborWorks America.

Governor Signs Bill to Make 21 Public Housing Developments Eligible for Federal Assistance

Albany, NY - March 19, 2010 - (RealEstateRama) -- Governor David A. Paterson has signed into law legislation authorizing the New York City Housing Authority (NYCHA) to restructure the ownership of 21 public housing developments as part of a comprehensive rehabilitations plan.

The FBI New York Shines Light on Potential Rental and Real Estate Scams in...

New York, NY - March 12, 2010 - (RealEstateRama) -- The Federal Bureau of Investigation’s New York Office is warning the public to remain on the lookout for scams involving real estate and rental properties.

NYS Affordable Housing Corporation Approves $1.28 Million in Grants to Renovate 73 Affordable Housing...

NEW YORK, NY - March 4, 2010 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved $1.28 million in grants to finance the renovation of 73 affordable housing units in New York State.

NYS Affordable Housing Corporation Approves $75,000 Grant for Home Improvements in Buffalo

NEW YORK, NY - March 4, 2010 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved a $75,000 grant to The Citizen's Alliance, Inc. to finance improvements of seven housing units in Buffalo.

State Awards $4.7 Million in Homeless Housing Assistance

Albany, NY - March 3, 2010 - (RealEstateRama) -- The State Office of Temporary and Disability Assistance (OTDA) today announced that nearly $4.7 million has been awarded to fund homeless housing and related support services in the cities of Utica and Ithaca.

Suffolk County Executive Steve Levy Seeks to Provides One Dozen Properties for Affordable Homes...

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.

Solar Thermal Grant Pilot Program

New York City, NY - February 25, 2010 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) today announced five businesses and institutions will receive grants to install solar thermal systems in the Bronx, Manhattan, and Queens. Solar thermal is an established clean energy technology that collects sunlight to produce thermal energy, or heat.

January 2010 New York State home sales up 11 percent from year ago

Albany, NY - February 26, 2010 - (RealEstateRama) -- The New York state housing market posted an improved start to 2010 compared to the beginning of last year with sales increasing by 11 percent compared to January 2009, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS.

Senate Majority Bolsters Support For NYC Public Housing

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.

Manhattan U.S. Attorney Charges Three Defendants in Multi-Million-Dollar Mortgage Fraud Scheme

New York, NY- February 24, 2010 - (RealEstateRama) -- PREET BHARARA, the United States Attorney for the Southern District of New York, JOSEPH M. DEMAREST JR., the Assistant Director-in-Charge of the New York Field Division of the Federal Bureau of Investigation ("FBI"),

Assembly Approves Legislation Federalizing New York City Public Housing Projects

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)

NY Leads All States in Disbursement of ARRA Funds to Save Affordable Housing

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).

Schumer Reveals: President Obama’s Budget Includes Up To $75 Million Yearly In Federal Funding...

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 City Industrial Development Agency Assists Hindustan Granites to Expand in Brooklyn

New York, NY - February 4, 2010 - (RealEstateRama) -- The New York City Industrial Development Agency (NYCIDA) approved an incentive package that will help Hindustan Granites Inc. acquire and renovate a 31,000-square-foot industrial facility in the Greenpoint section of Brooklyn.

New York City Industrial Development Agency Approves Incentives for First Two Supermarkets Under the...

New York, NY - February 9, 2010 - (RealEstateRama) -- New York City Industrial Development Agency (NYCIDA) today approved two tax incentive packages that will assist in the development of two new supermarkets in the Bronx.

Mayor Bloomberg, Environmental Protection Commissioner Holloway Launch New Program to Relieve Water Debt and...

New York, NY - February 8, 2010 - (RealEstateRama) -- Mayor Michael R. Bloomberg and Department of Environmental Protection Commissioner Cas Holloway today launched the Water Debt Assistance Program, a new initiative that will temporarily relieve homeowners at risk of foreclosure of past-due water and sewer debt.

Gillibrand Introduces Solar Energy Legislation

Washington, DC - February 5, 2010 - (RealEstateRama) -- U.S. Senator Kirsten Gillibrand introduced legislation this week to encourage the installation of 10 million solar systems on the rooftops of homes and businesses over the next decade.

Hinchey, Cummings Leading Effort in Congress to Convince Obama Administration to Reverse Plan &...

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.

Statement from Governor David A. Paterson Regarding the Order of Foreclosure for Riverton Houses

Albany, NY - February 4, 2010 - (RealEstateRama) -- Governor Paterson today issued the following statement regarding the order of foreclosure for Riverton Houses, in Harlem: