Pennsylvania RealEstateRama

U.S. Representative Matt Cartwright announced that the Federal Emergency Management Agency (FEMA), an agency within the U.S. Department of Homeland Security, has awarded a total of $146,290 in Assistance to Firefighters Grant (AFG) funds to the Tuscarora Fire Company and the Sheppton-Oneida Volunteer Fire Company

Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $4.6 million Freddie Mac conventional loan facility to refinance a multifamily property located in Bala Cynwyd, Pennsylvania

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 HSH.com, 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.

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)