Archives

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...

Wayne, PA - June 15, 2009 - (RealEstateRama) – Berkshire Bank was cited for exceptional service to the community today at a gathering of regional banking leaders.

STEELTON, PA - June 10, 2009 - (RealEstateRama) – Governor Edward G. Rendell today said 1,000 families will receive thousands of dollars to help make down payments on new homes, more than 5,000 families in dozens of communities across Pennsylvania will find affordable housing, and some 3,000 workers will have jobs with the award today of more than $380 million in federal economic recovery funds.

HARRISBURG, PA - June 11, 2009 - (RealEstateRama) – The Pennsylvania Association of REALTORS® (PAR) today commended Gov. Edward G. Rendell’s plan to award a portion of the $380 million in federal economic recovery funds to assist Pennsylvania homebuyers.

Lititz, PA - June 10, 2009 - (RealEstateRama) – On Wednesday, at a rally held on the Capitol steps, Rep. John C. Bear (R-Lancaster) introduced legislation creating a one-time incentive program for new and existing homes and qualified renovations in an effort to revive Pennsylvania’s slumping housing market and overall employment picture.