Yearly Archives: 2014
President’s budget proposes funding increases to fight homelessness
WASHINGTON, D.C. - March 12, 2014 - (RealEstateRama) -- The Administration’s fiscal year (FY) 2015Budget Proposal, released On Tuesday, March 4, proposes, among other things, significant new resources for homelessness programs, including a $200 million increase for a program that serves homeless veterans and their families. If Congress enacts these budget requests, communities will get the resources they will need to meet the goals of ending veteran homelessness by the end of 2015, and ending chronic homelessness by the end of 2016
Bills to Reduce Home Energy Costs Advance, Including Thompson-Cosponsored Measure to Address Propane Shortages
Washington, D.C. - March 12, 2014 - (RealEstateRama) -- The U.S. House of Representatives this week passed a series of legislative measures that will improve energy efficiency and decrease home heating and electricity costs, including a bill sponsored by U.S. Representative Glenn ‘GT’ Thompson, PA-5, the Home Heating Emergency Assistance Through Transportation (HHEATT) Act (H.R. 4076), which addresses recent propane shortages and supply disruptions
Blumberg Redevelopment Awarded Tax Credit Financing
Philadelphia, PA - February 21, 2014 - (RealEstateRama) -- The Philadelphia Housing Authority's redevelopment of the Blumberg Apartments in the City's Sharswood neighborhood has received a 9 percent Low Income Housing Tax Credit (LIHTC) award from the Pennsylvania Housing Finance Agency (PHFA)
PHFA announces $18.7 million in funding for affordable multifamily developments in Pennsylvania
HARRISBURG - February 20, 2014 - (RealEstateRama) -- The board of the Pennsylvania Housing Finance Agency has approved $16.8 million in low-income housing tax credits and $1.9 million in PennHOMES funding for the construction of affordable multifamily housing developments located in urban centers throughout Pennsylvania. The tax credits awarded to developers will be used to attract more than $160 million in funding for building, and rehabilitating, multifamily housing offering affordable rents
Governor Corbett Announces Grant Funding for Housing Modifications for Individuals with Disabilities
WASHINGTON, D.C. - February 20, 2014 - (RealEstateRama) -- The Corbett administration today awarded a $75,000 Keystone Communities Accessible grant that will help Washington County residents living with permanent physical disabilities to make modifications to their homes
PA Treasury Working to Return More Than $93,000 in Unclaimed Property to African American...
Harrisburg - February 19, 2014 - (RealEstateRama) -- More than $93,000 in unclaimed property is up for claim by African American organizations and institutions, State Treasurer Rob McCord announced today, and this Black History Month the Pennsylvania Treasury wants to return it to the rightful owners. Groups can visit www.patreasury.gov to find out if any belongs to them.
This Presidents Day, Lincolns and Jacksons are up for Claim through Treasury’s Unclaimed Property...
Harrisburg - February 17, 2014 - (RealEstateRama) -- Presidents Day sales may be hard to resist this holiday weekend, but today State Treasurer Rob McCord noted a way to put some money back in your wallet – Treasury’s Unclaimed Property Program. The Treasurer spotlighted the names of presidents and first ladies that appear in Treasury’s free unclaimed property database, but encouraged all Pennsylvanians to search www.patreasury.gov to find out if any of the $2.2 billion in lost and forgotten money and items Treasury currently holds belongs to them.
Treasurer McCord: PA Treasury Vault Offers Unique, Convenient Valentine’s Day Gifts
Harrisburg - February 3, 2014 - (RealEstateRama) -- Looking for a special gift for your Valentine? State Treasurer Rob McCord today reminded Pennsylvanians of a convenient and unique shopping option – Treasury’s eBay auction for unclaimed property at www.patreasury.gov. Shoppers can bid on unclaimed items such as 14K gold jewelry, designer watches, diamond rings and pendants that would put a smile on any recipient’s face this Valentine’s Day.
Amidst Cookie Sales and Scout Week Activities, PA Treasurer McCord Highlights Nearly $40,000 in...
Harrisburg - January 27, 2014 - (RealEstateRama) -- Girl Scout Cookies are for sale and Boy Scout Week is approaching, so State Treasurer Rob McCord today took the opportunity to remind troops across the Commonwealth of a potential source of revenue they might not have known about – Treasury’s unclaimed property program – by highlighting nearly $40,000 in lost or forgotten funds his department holds for scout groups
Governor Corbett Announces $60.1 Million Investment in Water Infrastructure Projects in 12 Counties
WASHINGTON, D.C. - January 23, 2014 - (RealEstateRama) -- Governor Tom Corbett today announced the investment of $60.1 million in 13 non-point source, drinking water and wastewater projects across 12 counties through the Pennsylvania Infrastructure Investment Authority (PENNVEST)
Governor Corbett: Pennsylvania Secures Historic $1.2 Billion ‘Comcast Innovation and Technology Center’ in Philadelphia
WASHINGTON, D.C. - January 16, 2013 - (RealEstateRama) -- Governor Tom Corbett today joined Comcast Chairman and CEO Brian Roberts and Liberty Property Trust Chairman and CEO Bill Hankowsky for an historic announcement that will drive economic progress and transform Philadelphia’s skyline with the construction of a $1.2 billion, 59-story tower that will become the dedicated home for the company’s growing workforce of technologists, engineers and software architects.
Public Hearing on Proposed Changes to PHA Grievance Procedure
WASHINGTON, D.C. - January 16, 2013 - (RealEstateRama) -- PHA has scheduled a public hearing from 9:30 a.m. - 10:30 a.m. on Monday, January 27, 2013 at the John F. Street Center, 1100 Poplar Street, Philadelphia, PA 19123 on three proposed changes to its Grievance Procedure, which applies to public housing and to PHA's limited partnership ("PAPMC") sites.
PA Treasury Returns $111 Million in Unclaimed Property in 2013
Harrisburg - January 15, 2013 - (RealEstateRama) -- The Pennsylvania Treasury returned $111 million in unclaimed property to rightful owners or heirs in 2013, the highest yearly return amount since the start of his administration, State Treasurer Rob McCord announced today. This brings the total of lost and forgotten money and items returned since January 2009 to more than $517 million, the Treasurer noted.
Pennsylvania housing market sees uptick in fourth quarter
LEMOYNE, PA - January 13, 2013 - (RealEstateRama) -- Home sales increased nearly seven percent in the fourth quarter of 2013 and they saw a gain of nearly 12 percent over the previous year, according to a report released by the Pennsylvania Association of Realtors® (PAR).
Treasurer McCord Visits 98th PA Farm Show as Treasury Seeks to Return $440,000 in...
Harrisburg - January 6, 2013 - (RealEstateRama) -- Farmers, food manufacturers, equipment manufacturers and dealers, wineries, and agricultural youth organizations are among the groups that are owed more than $440,000 in unclaimed property, said State Treasurer Rob McCord today as he visited the 98th Pennsylvania Farm Show.
PHA Seeks HUD Approval to Raise More than $100M for Capital Needs
Philadelphia, PA - January 3, 2013 - (RealEstateRama) -- Due to the decrease in Federal funds for housing programs, the Philadelphia Housing Authority (PHA) has submitted an application to participate in the Rental Assistance Demonstration (RAD). PHA's Board of Commissioners authorized the agency's application during the December 2013 Board Meeting. If the application is approved by the U.S. Department of Housing and Urban Development (HUD), the agency will be able to raise more than $102 million to address its capital and maintenance needs and preserve much needed affordable housing in the city of Philadelphia for years to come