Governor Paterson Announces Funding To Continue Long Island Solar Energy Program
Albany, NY - December 17, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced that the New York State Energy Research and Development Authority (NYSERDA) will provide a $6 million grant to the Long Island Power Authority (LIPA).
Nearly 5,000 Homeowners Call Comptroller’s Foreclosure Prevention Helpline
New York, NY - December 17, 2009 - (RealEstateRama) -- New York City Comptroller William C. Thompson, Jr. today announced that his office is closing in on more than 5,000 individuals and families who have called his Foreclosure Prevention Helpline to ask for help and guidance to avoid losing their homes.
Suffolk County Executive Steve Levy Plans Prompt Disbursement of Mortgage Taxes to Towns and...
Hauppauge , NY - December 15, 2009 - (RealEstateRama) -- Suffolk County Executive Steve Levy today will file a resolution via Certificate of Necessity seeking immediate passage of a measure to provide Suffolk’s towns and villages with more than $26 million of mortgage tax revenues.
Appraisal Business Owner Indicted in Mortgage Fraud Scheme
ALBANY, NY - December 14, 2009 - (RealEstateRama) -- Andrew T. Baxter, United States Attorney, Rene Febles, Special Agent in Charge, United States Department of Housing and Urban Development,
Governor Paterson Announces Federal Homebuyer Tax Credit Cash Advances For Eligible SONYMA Borrowers
Albany, NY - December 15, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced that New York State will offer cash advances of up to $8,000 on the Federal homebuyer tax credit for borrowers using a State of New York Mortgage Agency (SONYMA) mortgage to purchase a home.
Governor Paterson Signs Comprehensive Foreclosure Legislation into Law
Albany, NY - December 15, 2009 - (RealEstateRama) -- Governor David A. Paterson today signed into law comprehensive foreclosure legislation which provides additional critical protections for New York State homeowners, tenants and neighborhoods in the wake of the ongoing foreclosure crisis.
Attorney General Cuomo Announces Interim Court Order Shutting Down All Activities Of The “United...
NEW YORK, NY - December 15, 2009 - (RealEstateRama) -- Attorney General Andrew M. Cuomo today announced his office has obtained an interim court order shutting down the New York City-based not-for-profit group United Homeless Organization, Inc. (“UHO”).
NYCEDC Receives 29 Responses From Private Sector For Willets Point Redevelopment Project
New York, NY - December 11, 2009 - (RealEstateRama) -- New York City Economic Development Corporation (NYCEDC) today announced that it has received 29 responses to its Request for Qualifications for developers or teams of developers interested in redeveloping the 62-acre Willets Point District.
Manhattan U.S. Attorney Charges President of Mortgage Brokerage Firm in $23 Million Fraud Scheme
New York, NY - December 10, 2009 - (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"), and RICHARD H. NEIMAN,
Governor Paterson Announces Stimulus Funds Targeted To Cut Energy Costs For Low-Income Residents Of...
Albany, NY - December 8, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced $60.3 million in federal American Recovery and Reinvestment Act (ARRA) funding for weatherization projects that will work to reduce the energy burden on low-income residents in 9,431 multi-family housing units around the State.
DHCR Announces $32 Million in Awards for Affordable Housing Developments
Albany, NY - December 8, 2009 - (RealEstateRama) -- Deborah VanAmerongen, commissioner of the state Division of Housing and Community Renewal (DHCR) today announced $32 million in grants that will help to build or rehabilitate 755 affordable homes for low-income families, frail elderly and people with disabilities.
Schumer Introduces Legislation to Allow More Military Personnel to Qualify for Affordable Housing Program
Washington, DC - December 7, 2009 - (RealEstateRama) -- Today U.S. Senator Charles E. Schumer announced that he is introducing legislation to help provide more affordable housing options for military service members.
Governor Paterson Announces $25 Million In Homeless Housing Capital Grants
Albany, NY - December 5, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced that nearly $25 million has been awarded to fund homeless housing projects and related support services throughout the State.
HDC’s Board Approves $850 M in Tax-Exempt Multi-Family Housing Revenue Bonds
NEW YORK, NY - December 3, 2009 - (RealEstateRama) -- The New York City Housing Development Corporation (HDC) Board of Directors voted today to approve $850 million in tax-exempt and taxable Multi-Family Housing Revenue Bonds for the construction and permanent financing for affordable housing developments in New York City.
HDC’s Board Approves $43M in Taxable Multi-Family Mortgage Revenue Bonds & Cooperative Housing Mortgage...
NEW YORK, NY - December 3, 2009 - (RealEstateRama) -- The New York City Housing Development Corporation (HDC) Board of Directors voted today to approve $43 million in taxable Multi-Family Mortgage Revenue Bonds and Cooperative Housing Mortgage Revenue Bonds for the new construction of Via Verde Apartments and Via Verde Cooperative Apartments, located in the Bronx.
Goldman Sachs announces $61 MM investment in affordable housing
NEW YORK, NY - December 2, 2009 - (RealEstateRama) -- The Goldman Sachs Urban Investment Group announced today an investment of $61 million to support the preservation of more than 500 affordable rental homes for low-income New Yorkers.
HDC’s Board Approves $30 Million in Bonds To Finance the Renovation of East Harlem’s...
NEW YORK, NY - December 3, 2009 - (RealEstateRama) -- The New York City Housing Development Corporation (HDC) Board of Directors voted today to approve $30 million in tax-exempt Multi-Family Rental Housing Revenue Bonds for the rehabilitation of a development comprised of nine multifamily rental buildings, in the East Harlem neighborhood of Manhattan.
NYS Affordable Housing Corporation Approves $3.5 Million in Grants to Build and Renovate 276...
NEW YORK, NY - December 3, 2009 - (RealEstateRama) -- The board of the New York State Affordable Housing Corporation (AHC) today approved more than $3.5 million in grants to finance the construction and renovation of 276 affordable housing units throughout New York State.
Schumer Pushes Plan To Expand Access To Affordable Housing For Thousands Of Military Families...
Washington, D.C. - December 3, 2009 - (RealEstateRama) -- Today U.S. Senator Charles E. Schumer announced that he is pushing legislation to help provide more affordable housing options for military service members.
Congressman Murphy Announces Fiscally Responsible Tax Credit for Homebuyers
Washington, DC - December 3, 2009 - (RealEstateRama) -- Today, Congressman Scott Murphy announced that, starting this month, New York homebuyers will be able to take advantage of a fiscally responsible tax credit.
Goldman Sachs to Invest $61 Million in Affordable Housing
NEW YORK, NY - December 2, 2009 - (RealEstateRama) -- The Goldman Sachs Urban Investment Group announced today an investment of $61 million to support the preservation of more than 500 affordable rental homes for low-income New Yorkers.
Mayor Bloomberg Announces Over 100 PlaNYC Energy Efficiency Retrofit Projects Have Been Launched or...
New York, NY - December 2, 2009 - (RealEstateRama) -- Mayor Michael R. Bloomberg, Deputy Mayor for Operations Edward Skyler and Department of Citywide Administrative Services Commissioner Martha K. Hirst today announced that 104 projects to reduce energy use and meet the emissions reduction goals of PlaNYC are under construction or completed.
HPD Announces Development Teams To Build 770 Units Of New Mixed-Use Affordable Housing At...
New York, NY - November 19, 2009 - (RealEstateRama) -- New York City Department of Housing Preservation and Development (HPD) Commissioner Rafael E. Cestero announced today the selection of the developers who will construct mixed-use affordable housing on the last large city-owned tracts of land in the Melrose Commons North Urban Renewal Area (URA),
New DHCR Program Targets $5 Million to Replace Dilapidated Mobile and Manufactured Homes with...
Albany, NY - November 19, 2009 - (RealEstateRama) -- DHCR is responding to an important need in rural communities with a new initiative to provide safer, more affordable homes for low-income individuals and families by replacing severely substandard and dilapidated mobile and manufactured homes with new ENERGY STAR Qualified manufactured housing.
Former Real Estate Investment Company Owner Pleads Guilty to Laundering Proceeds of Mortgage Fraud
ALBANY, NY - November 19, 2009 - (RealEstateRama) -- Andrew T. Baxter, United States Attorney, Patricia J. Haynes, Special Agent in Charge, Internal Revenue Service, Criminal Investigation Division (New York Field Office), John F. Pikus, Special Agent in Charge, Albany Division of the Federal Bureau of Investigation, and Robert Bethel, Inspector in Charge, United States Postal Inspection Service, announce that KEVIN M. O’CONNELL, age 35, of Albany,
