Pennsylvania State Government and Public Real Estate News

MERSCORP Holdings, Inc. today announced that the Court of Common Pleas of Lackawanna County, Pennsylvania dismissed a quiet title lawsuit affirming the validity of the mortgage with Mortgage Electronic Registration Systems, Inc. (MERS) as the mortgagee and recognizing MERS’ standing to defend its interest in the mortgage
U.S. Representative Matt Cartwright announced today that the Borough of Girardville has been awarded a $500,000 HOME grant This money, paired with a matching DCED Keystone Communities grant awarded by the state, will allow the borough to construct a six-unit low-income housing development on West Main Street. The new facility will provide rental opportunities to six low-income families; two of the units will be handicap-accessible.
U.S. Representative Matt Cartwright announced that the U.S. Department of Homeland Security (DHS) has the Delaware Water Gap Fire Department with an Assistance to Firefighters Grants (AFG). The funds will be distributed via the Federal Emergency Management Agency (FEMA)
Pennsylvania Housing Finance Agency Executive Director and CEO Brian A. Hudson Sr. was recognized last evening by NeighborWorks America as a “visionary leader in community development.” The honor came during NeighborWorks’ opening reception for its 2015 Philadelphia Training Institute.
CBRE Capital Markets’ Debt & Structured Finance team originated $157 million in bridge financing for the acquisition of a 29-property office portfolio in suburban Philadelphia, Pennsylvania. The Class A and B properties total 1,611,961-sq.-ft. and are located in Bucks County, Fort Washington, Horsham and Lehigh Valley.
A Pennsylvania man was sentenced today to life without the possibility of parole for torturing, stabbing and dismembering a Los Angeles man in a downtown hotel room, the Los Angeles County District Attorney’s Office announced
An $8.5 million boost is coming to the Philadelphia economy when more than 2,200 community development professionals from around the country convene in the city for the NeighborWorks Training Institute (NTI) Aug. 17-21. The conference is hosted by NeighborWorks America, a national, congressionally chartered nonprofit that creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities.
Governor Tom Wolf announced today that Neptune Solutions Company, a water treatment technology company serving the oil and gas industries, will establish its new headquarters in Eighty Four, Washington County, resulting in the creation of 30 new, full-time jobs.
This afternoon fired union workers from 2116 Chestnut Street were arrested after refusing to leave the building lobby. With almost no notice, building cleaners, security officers and maintenance workers—members of 32BJ SEIU—were terminated from their jobs at 2116 Chestnut Street on Friday after the 319 unit residential apartment building was sold to CBRE Global Investors for $160 million. CBRE’s property manager, Greystar, refused to hire them
Congressman Lou Barletta, PA-11, has joined 105 other members of the House of Representatives in requesting an investigation as to whether the Environmental Protection Agency (EPA) violated the Anti-Lobbying Act in promoting and seeking support for its “Waters of the United States” rule.  The lawmakers sent a letter to the EPA’s Inspector General asking that he determine if the EPA wrongfully used taxpayer funds to generate grassroots support for its regulatory agenda, and if the agenda violated the “publicity or propaganda” restrictions in federal law.
“The evidence of climate change is overwhelming and there’s no doubt that human activities are a major factor. Addressing climate change is key for our nation’s economic security, national security, public health and the health of our environment. Today, the President laid out a substantial plan to address the challenges of climate change.
U.S. Representative Glenn “GT” Thompson (R-PA) today said new power plant emission standards released by the Department of Environmental Protection (EPA) and President Barack Obama would have a devastating effect on the energy industry across Pennsylvania and on local communities. The Clean Power Plan seeks to reduce carbon dioxide emissions by 32 percent from 2005 levels by 2030. States will be required to meet specific carbon emission reduction standards, based on their individual energy consumption
Congressman Brendan Boyle (PA-13) continued his efforts to fight for the environment by celebrating Climate Action Day today. The Environmental Protection Agency (EPA) is scheduled to release its final Clean Power Plan to modernize our energy sector and reduce our greenhouse gas emissions. Congressman Boyle fully supports federal action to address climate change.
In a recent story, Money magazine recognized Pennsylvania as the state with the most assistance programs to help homebuyers and homeowners. The article draws on data posted online by mortgage website, which ranks the 50 states and Washington, D.C., with Pennsylvania coming out on top.
U.S. Representative Matt Cartwright introduced the Coal Royalty Fairness and Communities Investment Act of 2015, a bill that would provide $100 million to struggling coal communities to help build economic resilience, diversify industries, and promote new job creation opportunities; ensure fair returns on publicly owned coal; and improve the transparency of the federal coal program.
The U.S. Environmental Protection Agency announced three brownfields grants for a total of $600,000 - $400,000 to the Philadelphia Authority for Industrial Development and $200,000 to the Philadelphia Redevelopment Authority. The grants will support efforts underway in assessing brownfields sites that are potentially contaminated with petroleum and hazardous substances so they can be cleaned up and redeveloped into beneficial spaces. Brownfields are properties where real or suspected environmental contamination has prevented productive reuse.
Congressman Chaka Fattah (PA-02), a Senior Member of the House Appropriations Committee, announced today that three organizations in his Philadelphia-area district have received new grant awards from the National Endowment for the Humanities (NEH). In total, $822,136 was awarded to support new exhibitions and the conservation and preservation of current museum holdings
Congressman Brendan Boyle (PA-13) signed on as an original co-sponsor of the Equality Act, legislation to ban discrimination against LGBT individuals in public accommodations, housing, employment, and other core areas of daily life.
U.S. Representative Matt Cartwright announced that the U.S. Department of Homeland Security (DHS) has awarded two Mahanoy City fire companies each with Assistance to Firefighters Grants (AFG). The funds will be distributed via the Federal Emergency Management Agency (FEMA)
U.S. Representative Matt Cartwright announced today that the PA Department of Community and Economic Development (DCED) has awarded two Schuylkill County communities $763,390 in HOME Investment Partnerships Program (HOME) grant funding. HOME funds are awarded as formula grants to states and municipalities by the U.S. Department of Housing and Urban Development; the program’s flexibility allows communities and nonprofit organizations to execute a wide range of activities, such as building, buying and refurbishing low-income housing. It is the largest Federal block grant to state and local governments designated exclusively to creating affordable housing for low-income households
PHFA announces $19.5 million in tax credits and $81 million in tax exempt financing for affordable multifamily developments in Pennsylvania

Agency funding will support construction of 26 developments statewide

HARRISBURG – July 12, 2013 – (RealEstateRama) — The board of the Pennsylvania Housing Finance Agency today approved $19.5 million in tax credits for the construction of affordable multifamily housing developments located in suburban and rural areas of Pennsylvania. PHFA has also provided more than $81 million in tax exempt volume cap funding this year, to date, for the new construction and preservation of six developments in the Commonwealth. Fisher Investments Bill Shepherd more »

SeniorCare Network of Oakmont Selected for State’s Supportive Housing Award

Harrisburg – May 7, 2013 – (RealEstateRama) — SeniorCare Network, Inc., of Oakmont, today was awarded the state’s annual Supportive Housing Award for its many programs and initiatives that provide Pennsylvania seniors with quality, affordable housing and services that help them live independently. Fulfords estate agency in Topsham more »

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