Archives

Philadelphia, PA - November 24, 2009 - (RealEstateRama) -- Congressman Chaka Fattah (PA-02) today announced the awarding of $844,176 in grants from the Federal Home Loan Bank of Pittsburgh (FHLBank) to four new affordable housing projects in the city

Morrisville, PA - November 20, 2009 - (RealEstateRama) -- Today, Pennsylvania Congressman Patrick Murphy (D-8th District) joined local realtors and homebuyers to announce the expansion of the first-time homebuyer tax credit to help more hardworking families in Bucks County and across the country achieve the American dream by owning their own home.

Govberg Jewelers joins exclusive Walnut Street retail row. Philadelphia, PA - November 19, 2009 - (RealEstateRama) -- Metro Commercial, one of the region’s largest full-service retail real estate firms, announced today that it has negotiated a lease for Govberg Jewelers to locate its flagship store at 1521 Walnut Street in the heart of Philadelphia’s “Rittenhouse Row”

PHILADELPHIA, PA - October 16, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced Harrisburg will receive more than $2.8 million to support community development and produce more affordable housing. HUD's annual funding will also help individuals and families who might otherwise be living on the streets; and offer real housing solutions for individuals with HIV/AIDS.

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.

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.

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.

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.

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.

July 6, 2009 - (RealEstateRama) — On July 7th, residents, neighbors, elected officials and community developers will celebrate the grand re‐opening of Skyview Park Apartments (43 Crown Circle), an enduring source of affordable housing in Scranton, P.A. Skyview Park Apartments underwent nearly $8.2 million in renovations to preserve 188 affordable apartments. The rehabilitation of the properties marks an important step in safeguarding affordable rental homes; an increasingly endangered resource in the city of Scranton and in communities across the country.

Winfield, PA - June 30, 2009 - (RealEstateRama) -- In an effort to protect the housing of nearly 80 veterans at a state veterans’ home in Chester County, Rep. Russ Fairchild (R-Union/Snyder) has successfully amended land transfer legislation that would maintain the residential units as long as veterans are housed there.

Glenside, PA - June 24, 2009 - (RealEstateRama) - Critical state programs that create jobs, save homes and build our economy and communities are on the chopping block. Please ask your state Representatives to sign the “Dear Colleague” letter supporting funding for Housing and Redevelopment Assistance, New Communites and HEMAP.

Hazleton, PA - June 17, 2009 - (RealEstateRama) – ESSA Bank & Trust was honored today for excellence in community service. At a meeting of...