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Quicken Loans Group Closes Purchase of both Chase Tower and Two Detroit Center Garage

DETROIT, MI - April 8, 2011 - (RealEstateRama) -- Dan Gilbert, Founder and Chairman of Detroit-based Quicken Loans Inc., announced the completion of the purchase of Chase Tower, a 505,000 square foot, 14-story high rise office building occupying a full city block at the foot of Campus Martius Park in downtown Detroit’s central business district

JOINT STATEMENT FROM HOUSING GROUPS ON PUBLIC HOUSING FUNDING IN THE FY11 BUDGET

WASHINGTON, D.C. - April 8, 2011 - (RealEstateRama) -- The Council of Large Public Housing Authorities (CLPHA), National Association of Housing and Redevelopment Officials (NAHRO), the National Low Income Housing Coalition (NLIHC), and the Public Housing Authorities Directors Association (PHADA) join together in asking budget negotiators to recognize the vital importance of public housing as they work to reach agreement on an FY11 spending package.

2012 EnergyValue Housing Awards Application Period Now Open

Upper Marlboro, MD - April 8, 2011 - (RealEstateRama) -- The NAHB Research Center invites all builders and remodelers to enter the 2012 EnergyValue Housing Award competition. The EVHA honors home builders and remodelers who voluntarily integrate energy efficiency into the design, construction, and marketing of either new or existing homes. Over the past 16 years, the EVHA has become the gold standard in industry recognition for high-performance home builders.

Iowa Finance Authority awards $200,000 from State Housing Trust Fund to support four affordable...

Des Moines, IA - April 7, 2011 - (RealEstateRama) -- The Iowa Finance Authority (IFA) Board of Directors today approved four grants totaling $200,000 to advance affordable homeownership and rental opportunities in Fayette, Keokuk, Logan and Sioux Center. The funding is made available through the State Housing Trust Fund’s Project-Based program. The program provides financing for the development of affordable single-family and multifamily housing units.

HOPE NOW: Mortgage Industry Completed 87,000 Permanent Loan Mods for Homeowners in February

WASHINGTON, DC - April 7, 2011 - (RealEstateRama) -- HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, released its February 2011 loan modification data, which shows that an estimated 87,000 homeowners received permanent, affordable loan modifications from mortgage servicers for the month.

MBA Sends Letter to Geithner, Donovan and DeMarco on Proposed Changes to Servicing Fee...

WASHINGTON, D.C. - April 7, 2011 - (RealEstateRama) -- On Tuesday, April 5, 2011, the Mortgage Bankers Association (MBA) sent the attached letter to Treasury Secretary Timothy Geithner, HUD Secretary Shaun Donovan and Federal Housing Finance Agency (FHFA) Director Edward DeMarco expressing MBA’s strong reservations about the stated timetable to revamp the fee structure for residential mortgage loan servicing.

New Center for Housing Policy Report Links Housing Affordability, Residential Stability and Child Outcomes

Washington, DC - April 7, 2011 - (RealEstateRama) -- Researchers have long understood that residential stability plays an important role in healthy child development. Less well understood, however is the role of housing affordability in promoting or undermining this stability—an issue of particular relevance given the sharp rise in foreclosures in recent years. Research commissioned and analyzed in a new report by the Center for Housing Policy, the research affiliate of the National Housing Conference, sheds light on this important issue affecting child development.

NAHB Webinar to Present Latest Economic Forecast and Emerging Trends in the 50+ Housing...

WASHINGTON, D.C. - April 6, 2011 - (RealEstateRama) WHAT: The 50+ housing market does not always mirror the overall housing industry. Panelists on the call will provide an overview of the 50+ industry and discuss how it is performing compared to the rest of the industry, as well as provide an analysis of emerging trends and growth opportunities.

April is Fair Housing Month

Sioux City, IA - April 6, 2011 - (RealEstateRama) -- In recognition of Fair Housing month, the Sioux City Human Rights Commission, Siouxland Human Investment Partnership (SHIP) and the Midtown Community Center will host the symposium “Fair Housing in Siouxland” on Wednesday, April 20th at the Midtown Community Center, 525 14th Street, from 6:00 p.m. - 8:30 p.m. The event is free and open to the public.

KTGY Principal Manny Gonzalez, AIA, LEED AP Tells Listeners about Emerging Trends in 50+...

IRVINE, CA - April 6, 2011 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture and Planning, is pleased to announce that Manny Gonzalez, AIA, NCARB, LEED AP, CAASH and principal of KTGY Group is a keynote speaker on the Multifamily Conference CEO Series on MultifamilyBiz.com, "Designed For Success: Today's 50+ Apartment Communities," which went live on April 5, 2011. This lively, fast-paced 60-minute FREE On-Demand Digital Media Webcast brings to focus what you need to know about the growing 50+ market. Property management expert Ernest F. Oriente of PowerHour® and multifamily technology innovator Kerry W. Kirby, CEO of 365 Connect and MultifamilyBiz.com are the moderators during this free MultifamilyBiz.com + PowerHour Webcast

Governor Corbett Announces Pennsylvania to Receive $105 Million to Help Homeowners Facing Threat of...

Harrisburg, PA - April 5, 2011 - (RealEstateRama) -- Governor Tom Corbett today announced that Pennsylvania has been approved by the U.S. Department of Housing and Urban Development to receive $105 million to aid homeowners facing foreclosure through the Emergency Homeowners’ Loan Program.

HUD KICKS OFF FAIR HOUSING MONTH, LAUNCHES NATIONAL MEDIA CAMPAIGN

WASHINGTON, DC - April 5, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development announced today that it is launching a national media campaign to kick off Fair Housing Month, celebrated across the country each April to commemorate the passage of the Fair Housing Act. The "Live Free" campaign will use newspaper and magazine ads, as well as the latest digital media, including social networking sites, to increase the Department’s efforts to educate the public and housing providers about their fair housing rights and responsibilities

HUD Sends $13 Million Home Saving Lifeline to Unemployed Idaho Homeowners

BOISE, ID - April 5, 2011 - (RealEstateRama) -- Help is on the way for hundreds of unemployed Idaho homeowners who are in jeopardy of losing their homes. The U.S. Department of Housing and Urban Development (HUD) has approved the State of Idaho’s bid to administer its Emergency Homeowners’ Loan Program (EHLP), and Idaho Housing and Finance Association is accepting applications for the $13 million program effective immediately.

Home Builders Applaud Congressional Passage of 1099 Repeal

WASHINGTON, D.C. - April 5, 2011 - (RealEstateRama) -- The Senate today approved legislation supported by the National Association of Home Builders (NAHB) to repeal a burdensome tax paperwork requirement that could cost small businesses thousands of dollars each year. The bill now goes to President Obama for his approval.“During the past several months, NAHB has led the effort along with other industry groups to strike all new expanded IRS Form 1099 reporting requirements for small businesses and owners of rental real estate,” said NAHB Chairman Bob Nielsen, a home builder from Reno, Nev. “In testimony before Congress and in ‘key vote’ letters to House and Senate leaders, we have spelled out how failing to overturn these rules would kill jobs and place a major paperwork and cost burden on home builders. We applaud Congress for acting to rectify this situation and urge the President to quickly sign this measure into law.”

New Partner Offers Hands-on Training for Homebuyers through Finally Home!® Homebuyer Education

NAMPA, ID - April 5, 2011 - (RealEstateRama) -- Homebuyers in Nampa will soon have the opportunity to become more informed about purchasing a home with the help of Finally Home!® Homebuyer Education. The Nampa Association of REALTORS® is a new regional training partner for the program, and regular classes will be offered in Nampa starting April 16th

SEC Announces Securities Laws Violations by Wachovia Involving Mortgage-Backed Securities

Washington, D.C. - April 5, 2011 - (RealEstateRama) -- The Securities and Exchange Commission today announced that Wells Fargo Securities LLC agreed to settle charges that Wachovia Capital Markets LLC engaged in misconduct in the sale of two collateralized debt obligations (CDOs) tied to the performance of residential mortgage-backed securities as the U.S. housing market was beginning to show signs of distress in late 2006 and early 2007.

Green Home Building Continues to Flourish; Passes 10,000 LEED-certified Home Milestone

Washington, DC - April 5, 2011 - (RealEstateRama) -- More than 10,000 homes across the U.S. have earned LEED certification through the LEED for Homes program, according to the U.S. Green Building Council (USGBC). LEED-certified home projects span the residential market, from multi- and single-family, to market rate and affordable housing.

New Homes Strengthen Economy Year-Round

WASHINGTON, D.C. - April 5, 2011 - (RealEstateRama) -- While the housing industry celebrates New Homes Month in April, home builders want Americans to know just how much of a positive, direct impact residential construction has on the U.S. economy throughout the entire year."Home building is a key driver of the American economy," said NAHB Chairman Bob Nielsen, a home builder from Reno, Nev. "By generating economic activity including new income and jobs, purchases of goods and services, and revenue for local governments, housing—which has historically accounted for around 17 percent of the GDP—can put America back to work."

Governor Shumlin announces $2.4 million in grants

RUTLAND, VT - April 4, 2011 - (RealEstateRama) -- An affordable housing revolving loan program in West Rutland that provides Vermonters with services, technical assistance and loans to rehabilitate their homes will receive a $1 million grant from the state, Gov. Peter Shumlin announced today.

Lt. Gov. Sheehy Previews 2011 Nebraska Infrastructure Protection Conference

Lincoln, Neb. - April 4, 2011 - (RealEstateRama) -- Lt. Gov. Rick Sheehy announced the line-up for the 2011 Nebraska Infrastructure Protection Conference (NIPC). Nebraska businesses and private industry representatives are encouraged to participate ...

Business Real Estate Press Releases

RESO 2026 BoD captioned - All

2026 RESO Board of Directors Announced

Nine open seats on the Real Estate Standards Organization (RESO) 2026 Board of Directors have been filled after an election by RESO’s membership. Director appointments and the board’s Executive Committee have also been selected for the next year.

Recent Gov & Nonprofit Real Estate Press Releases

NAHB

Remodeling Market Sentiment Strengthens in Fourth Quarter of 2025

The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the fourth quarter, posting a reading of 64, up four points compared