RealEstateRama Laws & Taxes
Harrisburg PA - July 12, 2012 - (RealEstateRama) -- On Saturday, June 30, Pennsylvania became the 30th state in the country to have a state historic tax credit when Governor Tom Corbett signed the FY 2013 Commonwealth Budget and established the Historic Preservation Incentive Act. This tax credit will be a companion to the very successful federal tax credit program.
Harrisburg - July 2, 2012 - (RealEstateRama) -- Older Pennsylvanians, widows and widowers, and people with disabilities who are expecting a state property tax or rent rebate should receive that payment next week, according to State Treasurer Rob McCord, who said the Treasury Department will issue more than half a million of those payments on July 2. The payments total nearly $238 million, he added.
HARRISBURG, PA - July 15, 2011 - (RealEstateRama) -- The board of the Pennsylvania Housing Finance Agency yesterday conditionally approved $11.2 million in funding and approximately $30 million in tax credits for the construction of affordable multifamily housing developments located throughout Pennsylvania.
HARRISBURG, PA - June 30, 2011 - (RealEstateRama) -- Wondering where your property tax or rent rebate payment is? State Treasurer Rob McCord provided an answer today when he said Treasury will issue approximately half a million payments totaling $240 million to Pennsylvanians on July 1.
HARRISBURG, PA - March 15, 2011 - (RealEstateRama) -- Commonwealth Cornerstone Group, a nonprofit corporation created by the Pennsylvania Housing Finance Agency, has secured $28 million in new markets tax credit (NMTC) allocations from the U.S. Treasury Department's Community Development Financial Institutions Fund.
PA Treasurer McCord Announces Expansion of Money-Saving, Job-Creating Energy Efficiency Loan Program
HARRISBURG, PA - October 28, 2010 - (RealEstateRama) -- Pennsylvania homeowners considering geothermal heat pump systems can now take advantage of a new and innovative financing package through the Commonwealth’s energy efficiency loan program, the Keystone Home Energy Loan Program (HELP), which combines a low-interest HELP loan with a companion loan given in anticipation of federal tax credits available for the installation of these fuel-conserving systems.
Harrisburg, PA - September 30, 2010 - (RealEstateRama) -- The House Finance Committee approved legislation authored by Rep. Stephen E. Barrar (R-Chester/Delaware) that would freeze property taxes for senior citizens.
PHILADELPHIA, PA - September 28, 2010 - (RealEstateRama) -- An indictment was filed today against Bernadette Nicholas, Kevin D. McAllister, and Wayne Rosen for engaging in schemes to defraud Wilmington Trust Federal Savings Bank and Malvern Federal Savings Bank involving properties valued at more than $35.5 million,
Pittsburgh, PA - July 27, 2010 - (RealEstateRama) -- Acting United States Attorney Robert S. Cessar announced today, July 27, 2010, that Mark Hipsley of Pittsburgh, Pennsylvania, has been indicted by a federal grand jury in Pittsburgh,
Financial Fraud Enforcement Task Force Announces Regional Results of “Operation Stolen Dreams” Targeting Mortgage...
PHILADELPHIA, PA - June 17, 2010 - (RealEstateRama) -- Following an announcement today by Attorney General Eric Holder in Washington, D.C., representatives of the Financial Fraud Enforcement Task Force in Philadelphia, including the U.S. Attorney’s Office, Housing and Urban Development,
Former Venango County Housing Authority Director arrested for diverting nearly $180,000 of government funds...
HARRISBURG, PA - April 15, 2010 - (RealEstateRama) -- The former director of the Venango County Housing Authority was arrested today by public corruption agents from the Attorney General's Office on charges that he illegally diverted nearly $180,000 of Housing and Urban Development (HUD) funds for his personal use.
2009 Rebate Applications Now Available. March 30, 2010 - (RealEstateRama) -- Last month, Governor Edward G. Rendell announced a record number of older adults and residents with disabilities received property tax/rent rebates last year and encouraged eligible people to apply for the 2009 rebate program.
WASHINGTON, DC - March 18, 2010 - (RealEstateRama) -- The United States has reached a settlement resolving a housing discrimination lawsuit in Pennsylvania concerning discrimination against families with children, the Justice Department announced.
Harrisburg, PA - March 2, 2010 - (RealEstateRama) -- In an effort to provide property tax relief to Pennsylvania’s disabled veterans, Rep. Thomas P. Murt (R-Montgomery/Philadelphia) is joining with Rep. Doug Reichley (R-Lehigh/Berks) to introduce a pair of bills designed to help disabled veterans.
Pittsburgh, PA - February 16, 2010 - (RealEstateRama) -- Acting United States Attorney Robert S. Cessar announced today, February 16, 2010, that Jason Jester, a resident of Pittsburgh, Pennsylvania, has been sentenced in federal court in Pittsburgh to five years of probation, including four months of home detention, on his conviction of wire fraud conspiracy in connection with a mortgage fraud scheme.
Attorney General Corbett announces distribution of $2.7 million in foreclosure relief to PA residents...
HARRISBURG, PA - February 17, 2010 - (RealEstateRama) -- Foreclosure relief checks totaling more than $2.7 million have been mailed to several hundred Pennsylvania consumers as part of a multi-state settlement with Countrywide Financial Corporation.
HARRISBURG, PA - February 8, 2010 - (RealEstateRama) -- Attorney General Tom Corbett today cautioned Pennsylvania consumers to be alert for possible scams linked to online ads for rental homes and apartments, along with Internet "for sale" ads and auctions for cars, motorcycles and other items.
Melville, NY - January 26, 2010 - (RealEstateRama) -- Susan D. Cunningham, CPA, has been named Partner in the Tax Advisory Services and Real Estate Services groups at Marcum LLP. She is responsible for providing a wide-scope of tax services including planning, consulting, structuring, research and compliance to large and small business owners.
Pittsburgh, PA - January 8, 2010 - (RealEstateRama) -- Acting United States Attorney Robert S. Cessar announced today, January 8, 2010, that Robert Danenberg, a resident of Pittsburgh, Pennsylvania, pleaded guilty in federal court to a charge of Wire Fraud Conspiracy in connection with a mortgage fraud scheme.
Harrisburg, PA - December 29, 2009 - (RealEstateRama) -- Senator Michael A. O’Pake (D-Berks) today reminded eligible older adults and people with disabilities that they only have until Thursday, December 31, to apply for “2008 tax year” rebates under the state’s Property Tax and Rent Rebate (PTRR) Program.