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KOHL SENIOR HOUSING BILL TO BECOME LAW

WASHINGTON, DC - December 21, 2010 - (RealEstateRama) -- U.S. Senator Herb Kohl (D-WI), chairman of the Special Committee on Aging, announced the passage of S.118 by the U.S. House of Representatives. S.118, passed under unanimous consent by the U.S. Senate this past weekend, will improve the Department of Housing and Urban Development’s (HUD) Section 202 Supportive Housing for the Elderly Program. The Section 202 program provides capital grants to non-profit community organizations for the development of supportive housing and provision of rental assistance exclusively for low-income seniors. Through such housing and supportive services, the program allows low-income seniors to remain safely in their homes.

FHLBank Pittsburgh Awards $2.7 Million in Affordable Housing Program Grants

Pittsburgh, PA - December 17, 2010 - (RealEstateRama) -- The Board of Directors of the Federal Home Loan Bank of Pittsburgh (FHLBank) has approved $2.69 million in grants under its Affordable Housing Program (AHP). The grants will help finance 15 housing projects – one in Delaware, eight in Pennsylvania and six in West Virginia – creating 395 units of housing for very-low, low- and moderate-income individuals and families as well as those with special needs

Affordable Housing Grant to Assist Seven Calcasieu and Beauregard Parish Families with Down Payments

LAKE CHARLES, LA - December 8, 2010 - (RealEstateRama) -- The Federal Home Loan Bank of Dallas (FHLB Dallas) and First Federal Bank of Louisiana are pleased to announce they have awarded Habitat for Humanity of Calcasieu Area (HFH of Calcasieu) in Lake Charles, Louisiana, a $70,000 Affordable Housing Program (AHP). The grant will assist seven very low-income homeowners in Calcasieu and Beauregard parishes with down payment and closing cost assistance.

American Bank of Texas and FHLB Dallas Award PGP Grant to Four Rivers Outreach

SHERMAN, TX - December 7, 2010 - (RealEstateRama) -- Representatives of American Bank of Texas and the Federal Home Loan Bank of Dallas (FHLB Dallas) presented a $14,000 Partnership Grant Program (PGP) award to Four Rivers Outreach on Friday, December 3, 2010. The grant will assist with operational costs associated with the Four Rivers Outreach men’s transitional living center. The staff and Board of Directors of Four Rivers Outreach were accompanied by Bill Magers, Mayor of the City of Sherman, and Robin McCoy, regional coordinator for State Senator Craig Estes.

Family Promise of Ouachita Awarded $24,000 in Partnership Grants from Six Local Banks

MONROE, LA - December 6, 2010 - (RealEstateRama) -- Ouachita Independent Bank (OIB), Community Trust Bank, Progressive Bank, Richland State Bank, Cross Keys Bank, BancorpSouth Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) are pleased to announce they have awarded $24,000 in Partnership Grant Program (PGP) awards to Family Promise of Ouachita (Family Promise). The checks were presented during a media event at OIB on Wednesday, December

HUD TO MAKE $25 MILLION IN GRANTS AVAILABLE TO PROMOTE AFFORDABLE HOUSING AND ECONOMIC...

WASHINGTON, DC - December 2, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced that $25 million in grants is available to help rural and tribal communities struggling to address distressed housing conditions and concentrated poverty. In a speech to the Housing Assistance Council in Washington, HUD Secretary Shaun Donovan said HUD’s new

Lee & Associates San Diego County Negotiates $6.7 Million 10-Year Industrial Lease

Torrance, CA - November 29, 2010 - (RealEstateRama) -- Lee & Associates, one of the largest national commercial real estate providers with regional expertise, has completed a 10-year lease of a 98,000-square-foot LEED Certified industrial building located at 2633 Progress St. in Vista, Calif., in San Diego County. The lease is valued at approximately $6.7 million.

Jefferson Bank and FHLB Dallas Award AHP Grant to St. Peter-St. Joseph Children’s Home...

SAN ANTONIO, TX - November 22, 2010 - (RealEstateRama) -- The Federal Home Loan Bank of Dallas (FHLB Dallas) and Jefferson Bank are pleased to announce they have awarded a $176,445 Affordable Housing Program (AHP) grant to St. Peter-St. Joseph Children’s Home to assist with the construction costs of a 32-bed emergency center for adolescents between the age of 12 and 18 years old.

Helena National Bank and FHLB Dallas Award Partnership Grant to Main Street Helena

HELENA, AR - November 19, 2010 - (RealEstateRama) -- Helena National Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) are pleased to announce that they have awarded a $4,000 Partnership Grant Program (PGP) award to Main Street Helena. Representatives from the banks joined Main Street Helena officials for a check presentation Tuesday in historic downtown Helena

REALTOR® Associations Receive Grants for Supporting Housing Opportunities

Washington, DC - November 18, 2010 - (RealEstateRama) -- The Housing Opportunity Fund, a National Association of REALTORS® grant program, has presented $50,000 to 15 local and state REALTOR® associations. Those associations will use the funds to promote and expand affordable housing opportunities in their communities.

Recipients of USGBC’s Affordable Green Neighborhoods Grant Program Announced at Greenbuild

Chicago, IL - November 17, 2010 - (RealEstateRama) -- Today, the U.S. Green Building Council (USGBC) and Bank of America announced the ten recipients of the Affordable Green Neighborhoods Grant Program. Funded by a $500,000 grant from the Bank of America Charitable Foundation, the program awards financial and educational resources to help neighborhood projects that have affordable green housing components in their plans pursue LEED for Neighborhood Development. LEED for Neighborhood Development is a green rating system from USGBC that certifies whole neighborhoods, portions of neighborhoods or multiple neighborhoods. The selected development projects were announced at the Affordable Housing Summit at USGBC’s Greenbuild International Conference & Expo

Bank of the Ozarks and FHLB Dallas Award Affordable Housing Grant to Assist Housing...

FAYETTEVILLE, AR - November 16, 2010 - (RealEstateRama) -- A $55,000 Affordable Housing Program (AHP) grant from Bank of the Ozarks and the Federal Home Loan Bank of Dallas (FHLB Dallas) will assist the Fayetteville Housing Authority with much needed repairs to apartments for very low-income residents.

Community Development Block Grant Program – CDBG

The Community Development Block Grant (CDBG) program is a flexible program that provides communities with resources to address a wide range of unique community development needs. Beginning in 1974, the CDBG program is one of the longest continuously run programs at HUD. The CDBG program provides annual grants on a formula basis to 1180 general units of local government and States.

BUSH ADMINISTRATION AWARDS $22.2 MILLION IN GRANTS TO CONVERT MULTIFAMILY PROJECTS INTO ASSISTED LIVING...

WASHINGTON - Americans in seven states will soon find themselves living in upgraded apartments equipped to meet their physical needs thanks to more than $22.2 million in grants from the U.S. Department of Housing and Urban Development. HUD Deputy Secretary Roy Bernardi today joined Onondaga County Executive Nicholas J. Pirro and representatives from the office of Congressman Jim Walsh to make the announcement at Bernardine Apartments in Syracuse, New York.

Business Real Estate Press Releases

Recent Gov & Nonprofit Real Estate Press Releases

Dealing with Difficult Tenants? How to Sell Your Birmingham Rental Property...

Owning a rental property in Birmingham can be a profitable investment, but it often comes with challenges. Managing difficult tenants is one of the...