Archives

Newtown Square, PA - October 26, 2009 - (RealEstateRama) -- In conjunction with parent company Balfour Beatty plc, Balfour Beatty Communities, LLC has established a three-year grant totaling $75,000 to be donated to Project H.O.M.E.

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.

Washington, DC - October 20, 2009 - (RealEstateRama) -- The American Association of Residential Mortgage Regulators (AARMR) and the Conference of State Bank Supervisors (CSBS) announce another milestone in the modernization of state mortgage supervision as the Pennsylvania Department of Banking notified all licensed mortgage lenders on October 15 that the agency will be using sophisticated computer software to analyze loan level data as part of Pennsylvania's examination program.

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.

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.

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.

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.

HARRISBURG, PA - July 15, 2009 - (RealEstateRama) -- Governor Edward G. Rendell today said Pennsylvania will triple its solar capacity with nearly $23 million in new grants and loans for companies throughout the state that are embracing the renewable energy industry.