Yearly Archives: 2009

Pittsburgh, PA - October 16, 2009 - (RealEstateRama) -- The Board of Directors of the Federal Home Loan Bank of Pittsburgh (FHLBank) has approved $3,446,246 in grants under its Affordable Housing Program (AHP).

Washington, DC - October 15, 2009 - (RealEstateRama) -- Following the recent release of a Congressional Oversight Panel (COP) report, which found that the Administration’s current housing relief efforts lack scope, scale and permanence, Congressman Joe Sestak (PA-07) and top economist Dr. Mark Zandi, today, held a press conference to highlight the need for a comprehensive homeownership vesting plan to address the nearly 12 million homeowners who are currently underwater-- owing more on their mortgage than the value of their home.

PHILADELPHA, PA - October 6, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced Upper Darby and Abington will receive more than $2.9 million to support community development and produce more affordable housing.

PHILADELPHIA, PA - October 2, 2009 - (RealEstateRama) -- The U.S. Department of Homeland Security's Federal Emergency Management Agency (FEMA) announced today the approval of a grant totaling more than $1.8 million to elevate seven flood-prone homes in West Norriton, Montgomery County

Washington, D.C. - September 21, 2009 - (RealEstateRama) -- U.S. Senators Arlen Specter and Bob Casey today announced that the Department of Housing and Urban Development (HUD) has awarded the Philadelphia Housing Authority $13,915,000 to complete a “green” public housing transformation to the Paschall Apartments.

Washington, D.C. - September 18, 2009 - (RealEstateRama) -- U.S. Senators Arlen Specter and Bob Casey today announced that the U.S. Senate has approved federal funding for several Pennsylvania housing projects.

HARRISBURG, PA - September 11, 2009 - (RealEstateRama) -- Details of a new, national accreditation program for state mortgage regulators will be published in the Pennsylvania Bulletin on September 12, allowing for its adoption by other states.

PHILADELPHIA, PA - September 1, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced Philadelphia will receive more than $79.9 million to support community development and produce more affordable housing.

Spring Township, PA - August 28, 2009 - (RealEstateRama) -- Congressman Jim Gerlach (PA-06) marked the 20th Anniversary of the Affordable Housing Program (AHP) today with strong words of support and recognized 18 Pennsylvania banks for helping to bring $17.3 million in housing assistance to the region. The bankers made a recommitment to the program at today’s event.

Glenside, PA - August 20, 2009 - (RealEstateRama) -- The Housing Alliance of Pennsylvania is proud to announce the recipients of the 2009 Homegrown PA Awards, which recognize exceptional efforts and leadership in working for a home within reach of all Pennsylvanians. This year’s slate of nominees was particularly competitive, with over thirty worthy candidates.

Pittsburgh, PA - August 19, 2009 - (RealEstateRama) -- Congressman Mike Doyle (PA-14) will be the keynote speaker at a September 3 community forum, which has been called to address the increasing incidence of homelessness in Pittsburgh and Allegheny County. FHLBank Pittsburgh is a cosponsor of this event.

JOHNSTOWN, PA - August 18, 2009 - (RealEstateRama) -- Congressman John P. Murtha (PA-12) announced today that the U.S. Environmental Protection Agency (EPA) has awarded a $900,000 grant from the American Recovery and Reinvestment Act (ARRA) to the Johnstown Redevelopment Authority for local brownfield cleanup activities.

HARRISBURG, PA - August 6, 2009 - (RealEstateRama) -- Pennsylvania Department of Environmental Protection Secretary John Hanger today toured a significant commercial solar electricity project in Harrisburg built with assistance from the federal American Recovery and Reinvestment Act.

Tilden Township, PA - August 14, 2009 - (RealEstateRama) -- Tilden Township, home of the largest and most successful Cabela’s Worlds Foremost Outfitter store in the nation, is about to become home to another large commercial project. Construction officially began today at the site of the Tilden Ridge Shopping Center – soon to become the home of a Wal-Mart Supercenter, Lowe’s Home Improvement Store and approximately 100,000 square feet of other complimentary retail stores.

Washington, D.C. - July 30, 2009 - (RealEstateRama) -- U.S. Senators Arlen Specter and Bob Casey today announced that the U.S. Senate Appropriations Committee has approved federal funding for several Pennsylvania housing projects. The projects are contained in the Fiscal Year 2010 Transportation, Housing and Urban Development and Related Agencies Appropriations Bill.

PHILADELPHIA, PA - July 28, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today awarded $95 million to jump start affordable housing programs in Pennsylvania that are currently stalled due to the current economic recession. Funded through American Recovery and Reinvestment Act of 2009 (Recovery Act), HUD's new Tax Credit Assistance Program (TCAP) will allow Pennsylvania to resume funding of affordable rental housing projects across the state while stimulating employment in the construction trades.

PHILADELPHIA, Pa. - July 29, 2009 - (RealEstateRama) -- Jonathan Sarubbi, Regional Administrator for the U.S. Department of Homeland Security's Federal Emergency Management Agency (FEMA) Philadelphia Office, announced today the awarding of more than $1.2 million in funding to acquire five homes in Temple Hills, Maryland. The five properties are located in areas of unstable soil.

HARRISBURG, PA - July 24, 2009 - (RealEstateRama) -- Attorney General Tom Corbett today announced that more than 1,100 Pennsylvania consumers have been sent notification that they are eligible for mortgage foreclosure relief as part of a settlement with Countrywide Financial Corporation.

New stores opening immediately in Allentown, Philadelphia, Reading, Easton and Pottstown, PA. Philadelphia, PA - July 27, 2009 - (RealEstateRama) -- Metro Commercial announced today that it has negotiated five new Target store locations in Pennsylvania totaling over 650,000 square feet. All five of the newly-constructed stores for the Minneapolis-based retailer are scheduled to open on July 26, 2009.

HARRISBURG, PA - July 16, 2009 - (RealEstateRama) -- Several real estate projects in Erie County will receive new state investments to support job-creating economic development projects, Governor Edward G. Rendell said today.