Historic Tax Credit established in Pennsylvania
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.
Treasurer McCord Says Nearly $238 Million in Property Tax, Rent Rebates to be Issued...
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.
PA Treasurer McCord Returns Over $49,000 in Unclaimed Property to Montgomery County to Support...
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
USDA CELEBRATES NATIONAL HOMEOWNERSHIP MONTH IN CHAMBERSBURG, PENNSYLVANIA
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.
President of Real Estate Loan Company Sentenced to 55 Months in Prison, Ordered to...
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.
Help for homeowners facing foreclosure
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.
Additional $7.1 Million for Property Acquisitions Approved By FEMA
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.
Springfield Man Charged as Conspirator in Mortgage Fraud Scheme
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.
CUSHMAN & WAKEFIELD BROKERS 594,000-SQ.-FT. INDUSTRIAL SALE
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.
Tryko Partners buys Galilee Village in Levittown, Pa.
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.
HUD AWARDS MORE THAN $2 MILLION IN GRANTS TO COMBAT HOUSING DISCRIMINATION IN PENNSYLVANIA
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.
CUSHMAN & WAKEFIELD ARRANGES SALE OF PENNSYLVANIA INDUSTRIAL BUILDING
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.
HUD AWARDS $2.4 MILLION IN GRANTS TO PROTECT CHILDREN IN LAWRENCE COUNTY, PA FROM...
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
PA Treasurer McCord: As Statutory Unclaimed Property Reporting Deadline Nears, Treasury Records Highest March...
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.
Altmire Announces Housing Grants for Homeless Veterans
WASHINGTON, D.C. - April 4, 2012 - (RealEstateRama) -- U.S. Congressman Jason Altmire (PA-04) today announced that the Allegheny County Housing Authority and Housing Authority of the County of Butler will receive $293,898 in grants from the U.S. Department of Housing and Urban Development's Veterans Affairs Supportive Housing Program (HUD-VASH). The award is part of a $72.6 million grant to public housing agencies across the country to provide permanent housing to the more than 10,000 homeless veterans in America.
Parties Weigh in on Where The Money Should Go
April 4, 2012 - (RealEstateRama) -- On March, 12, 2012, the final negotiated agreements between the states, the federal government and Bank of America, Citi, JP Morgan Chase, Ally/GMAC, and Wells Forgo were filed with the Court. In addition to requiring changes in the way the banks service their loans, the settlement provides approximately $25 billion for loan modifications, refinancing, payments to people who lost their homes to foreclosure, and direct payments to the states.
PA Treasurer McCord Returns Over $12,000 in Unclaimed Property to Pittsburgh Public Schools; Says...
Pittsburgh, PA - March 27, 2012 - (RealEstateRama) -- As school districts across Pennsylvania face state funding cuts and budget deficits, Pennsylvania Treasurer Rob McCord reminded public school officials to see if their districts may be owed unclaimed property, and he returned more than $12,000 to the Pittsburgh Public Schools today.
PENNSYLVANIA HOUSING FINANCE AGENCY HONORS ITS TOP TEN HOME LOAN LENDERS
HARRISBURG - March 27, 2012 - (RealEstateRama) -- The Pennsylvania Housing Finance Agency held its annual homeownership program awards ceremony today at its headquarters to honor its leading lenders. These lenders assist homebuyers throughout the state in the application, processing, and closing of PHFA loans. Brian Hudson, executive director and CEO, recognized these outstanding organizations in their efforts to assist Commonwealth families and individuals achieve the American dream of homeownership.
ELIZABETH TOWNSHIP, PA, INDEPENDENT OPENS AS RE/MAX ENTERPRISE
Elizabeth Township, PA - March 26, 2012 - (RealEstateRama) -- After eight years serving the local community, one busy local real estate Broker is affiliating with a global network and one of the most respected names in the industry, RE/MAX.
IDX, Inc. and Samuel Stein of Morgan Collins Realtors bring concise online real estate...
EUGENE, OR - March 26, 2012 - (RealEstateRama) -- IDX, Inc. and Samuel Stein have joined forces to present York, Pennsylvania property listings in one convenient and easy-to-use online real estate resource on his Morgan Collins Realtors website. With his custom IDX solution, Stein’s search pages are now synced with thousands of York & Adams Counties (RAYAC) listings. Never before has such a concise online real estate search been so readily accessible by home seekers. Stein has forever changed the way potential Pennsylvania buyers search for properties online.