HARRISBURG - August 8, 2012 - (RealEstateRama) -- The Pennsylvania Housing Finance Agency has issued a Request for Proposals (RFP) for projects to improve the availability and affordability of housing in the Marcellus Shale region of the state.

WASHINGTON, DC - August 7, 2012 - (RealEstateRama) -- U.S Senator Bob Casey (D-PA) alerted Pennsylvanians who may have wrongfully lost their homes that they could qualify for financial compensation via the Independent Foreclosure Review process. The program is set to expire in September 30, 2012.

August 7, 2012 - (RealEstateRama) -- Congressman Keith Ellison (D-MN) is expected to introduce the Housing Subsidy Fairness Act in early September. This bill would provide dedicated funding for the National Housing Trust Fund with savings generated by reform of the mortgage interest deduction.

HARRISBURG - August 1, 2012 - (RealEstateRama) -- The Pennsylvania Housing Finance Agency is issuing a Request for Proposals (RFP) today for projects to improve the availability and affordability of housing in the Marcellus Shale region of the state.

Harrisburg - July 17, 2012 - (RealEstateRama) -- Residents who find a letter from the Pennsylvania Treasury in their mailboxes in coming weeks may be entitled to unclaimed property, State Treasurer McCord noted today as his department prepares to send more than 40,000 notification letters to potential owners of the newest unclaimed property in its database.

Harrisburg PA - July 13, 2012 - (RealEstateRama) -- In 2009, the enactment of the Protecting Tenants at Foreclosure Act (PTFA) was a major step forward in achieving housing stability for renters living in a property in foreclosure. The Act ensures that most tenants can stay in their homes for the remainder of their leases or for at least 90 days post-foreclosure. Prior to PTFA, such tenants were often required to move with as little as a few days' notice.

Harrisburg PA - July 12, 2012 - (RealEstateRama) -- On Saturday, June 30, Pennsylvania became the 30th state in the country to have a state historic tax credit when Governor Tom Corbett signed the FY 2013 Commonwealth Budget and established the Historic Preservation Incentive Act. This tax credit will be a companion to the very successful federal tax credit program.

Harrisburg - July 2, 2012 - (RealEstateRama) -- Older Pennsylvanians, widows and widowers, and people with disabilities who are expecting a state property tax or rent rebate should receive that payment next week, according to State Treasurer Rob McCord, who said the Treasury Department will issue more than half a million of those payments on July 2. The payments total nearly $238 million, he added.

Norristown - June 21, 2012 - (RealEstateRama) -- Local officials across the Commonwealth, faced with a greater demand for services as state funding declines, should check to see if their governments may be owed unclaimed property, Pennsylvania Treasurer Rob McCord reminded municipal leaders today as he returned more than $49,000 to Montgomery County

Chambersburg, PA - June 18, 2012 - (RealEstateRama) -- Two USDA officials celebrated National Homeownership Month in Pennsylvania and reminded rural residents of opportunities to purchase or refinance homes in rural areas.

PITTSBURGH - June 14, 2012 - (RealEstateRama) -- A resident of Pittsburgh, Pennsylvania has been sentenced in federal court to 55 months of incarceration on his conviction of wire fraud, United States Attorney David J. Hickton announced today.

June 12, 2012 - (RealEstateRama) -- House returns HEMAP funding bill to Senate for chamber’s expected approval. A bill to provide a multi-year funding stream to the state’s currently idled Homeowners Emergency Mortgage Assistance Program (HEMAP) is on its way back to the state Senate.

HARRISBURG, PA - June 8, 2012 - (RealEstateRama) -- An additional $7.1 million in federal funding has been approved by FEMA for property acquisitions. This is the latest round of funding to permanently remove flood-prone properties in eight hard hit Pennsylvania counties. Additional projects continue to be approved as the application process moves ahead and program requirements are met.

WASHINGTON, D.C. - May 31, 2012 - (RealEstateRama) -- Michael J. Smith, 31, of Springfield, Pennsylvania, was charged today by indictment with participating in a mortgage fraud conspiracy that caused losses of over $600,000, announced United States Attorney Zane David Memeger. Specifically, Smith is charged with one count of conspiracy to commit wire fraud, two counts of wire fraud, one count of money laundering, and forfeiture. According to the indictment, Smith, who was a mortgage broker at the time, conspired with John C. Lucidi, Jr. and Eric Maratea, both of whom are charged elsewhere, as well as numerous other individuals, in a scheme to buy properties at inflated prices so that buyers could receive kickbacks of tens of thousands of dollars. Smith was one of the alleged buyers.

LANCASTER, PA - May 30, 2012 - (RealEstateRama) -- Cushman & Wakefield’s Philadelphia-based industrial group has orchestrated the sale of 2913 Spooky Nook Rd., a 594,000-square-foot industrial building in Lancaster. Formerly utilized as a distribution center for flooring products by Armstrong Industries, the facility will be converted into a regional, youth-oriented sports complex by the new ownership.

LEVITTOWN, PA - May 29, 2012 - (RealEstateRama) -- Private equity real estate group Tryko Partners, LLC has added Galilee Village in Levittown to its growing multifamily portfolio. The 170-unit asset, located at 17 Penn Valley Road, provides HUD-subsidized apartment living for independent seniors.

PHILADELPHIA - May 28, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $2 million to fair housing organizations to assist people in Pennsylvania who believe they have been victims of housing discrimination.

ELIZABETHTOWN, PA - May 25, 2012 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield has arranged the sale of 1499 Zeager Rd., a 290,000-square-foot industrial building in Elizabethtown, Pa. Prior to the sale, the former single-user facility had been converted to multi-tenant use.

PITTSBURGH - April 11, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today awarded $2,480,000 million in grants to 198 housing units in Lawrence County to conduct a wide range of activities intended to protect children and families from potentially dangerous lead-based paint and other home health and safety hazards

Harrisburg, PA - April 11, 2012 - (RealEstateRama) -- Treasury last month collected nearly $25.4 million, more unclaimed property than it had in any March in the past seven years, State Treasurer Rob McCord noted today as he announced Treasury will accept reports from entities subject to the state’s unclaimed property law through Monday, April 16 because the statutory deadline of April 15 falls on a Sunday this year.