California RealEstateRama

Washington, DC - August 2, 2013 - (RealEstateRama) -- Today, Congressman Juan Vargas (CA-51) joined fellow Democrats to highlight the devastating effects that cuts to the Community Development Block Grant Program (CDBG), being proposed in H.R. 2610, the Transportation, Housing and Urban Development Appropriations Act of 2014 (T-HUD) will have on local economies and low-income Americans. If T-HUD is passed, the CDBG program will be cut by nearly 50 percent

WASHINGTON, D.C. - August 2, 2013 - (RealEstateRama) -- Sen. Dianne Feinstein, Rep. Henry A. Waxman, and Los Angeles County Supervisor Zev Yaroslavsky today announced that Secretary of Veterans Affairs (VA) Eric Shinseki has made a commitment to fund and support an array of services to help homeless veterans in Los Angeles starting in the next month

Los Angeles, CA - August 2, 2013 - (RealEstateRama) -- For almost three decades now, NHS has continued making Los Angeles County neighborhoods, neighborhoods of choice by creating BLOC clubs, putting first time homebuyers in homes and revitalizing neighborhoods through Neighborhood Pride Day. NHS is teaming up with over 100 residents, volunteers and local businesses to beautify a block in Compton on

WASHINGTON, D.C. - July 31, 2013 - (RealEstateRama) -- Mayor Edwin M. Lee and Supervisor Mark Farrell launched the down payment home loan assistance program for San Francisco first responders who are active member of the San Francisco Police Department, San Francisco Fire Department, or the San Francisco Sheriff’s Department. The Mayor’s Office of Housing and Community Development (MOHCD) will administer the program, which was created after San Francisco voters overwhelmingly passed the Housing Trust Fund Initiative in November 2012.

WASHINGTON, D.C. - July 29, 2013 - (RealEstateRama) -- Congressman Brad Sherman (D-CA) made the following statement after a House Financial Services Committee markup on the Protecting American Taxpayers and Homeowners Act. To watch a video of his full remarks, click here.

WASHINGTON, D.C. - July 25, 2013 - (RealEstateRama) -- Today, Congresswoman Maxine Waters, Ranking Member of the Financial Services Committee released the following statement in response to committee passage of the inaptly-named “Protecting American Taxpayers and Homeowners Act” or “PATH Act” (H.R. 2767). H.R. 2767 is a Republican bill that would unwind Fannie Mae and Freddie Mac and remove any government support from the secondary mortgage market. However, because the bill would remove a government guarantee, it would end the affordable 30-year fixed rate mortgage and have negative impacts on the middle class, community banks and credit unions, the housing market, and America’s taxpayers

WASHINGTON, D.C. - July 23, 2013 - (RealEstateRama) -- While up from the first quarter, the number of California homeowners entering the foreclosure process was at its second-lowest level in seven years last quarter, largely the result of a steep rise in home values, a real estate information service reported.

PALM DESERT, CA - July 23, 2013 - (RealEstateRama) -- Restoring Prop. 90 to allow homeowners 55 and older to transfer their property's base tax value to a new home in Riverside County will boost the economy and create jobs, the California Desert Association of REALTORS® said today in urging Riverside County Board of Supervisors to approve the measure

PALM DESERT, CA - July 23, 2013 - (RealEstateRama) -- The average price of an existing home in the Coachella Valley rose $140,000 in June over June 2012 , the sixth consecutive home sales increase in this year, the California Desert Association of REALTORS® reported today.

Washington, D.C. - July 22, 2013 - (RealEstateRama) -- This morning, Rep. Mike Honda (D-Calif.) announced the awarding of $2.8 million in grants from the Department of Veterans Affairs to aid homeless and at-risk veterans and their families in Silicon Valley. The funding will be spread across three organizations in the region – the Emergency Housing Consortium of Santa Clara County, Goodwill Industries of Santa Clara County, and Abode Services in Fremont.

Washington, DC - July 19, 2013 - (RealEstateRama) -- House Democrats, led by Financial Services Committee Ranking Member Maxine Waters, today released a “set of critical core principles” they believe should be part of legislative efforts to address the future of housing finance reform. Since the beginning of the 113th Congress, Democrats on the Financial Services Committee have held a series of briefings, roundtables, and caucuses on housing finance reform. As a result of this work, Committee Democrats have developed principles to guide their consideration of any housing finance reform proposals.

LOS ANGELES, CA - July 18, 2013 - (RealEstateRama) -- Today Los Angeles County Chief Deputy Assessor Santos Kreimann released the 2013 Los Angeles County Assessment Roll. The assessment roll reflects the value of all taxable property in Los Angeles County in accordance with the California Constitution.

Rancho Cucamonga, CA - July 15, 2013 - (RealEstateRama) -- Today, House Financial Services Committee Vice Chairman Gary Miller (CA-31) released the following statement regarding the release of a discussion draft by Committee Chairman Hensarling to address the future of the U.S. housing finance system:

Long Beach, - July 10, 2013 - (RealEstateRama) -- The Housing Authority of the County of Los Angeles (HACoLA) welcomed Congressman Alan Lowenthal to the Carmelitos Public Housing Development (Carmelitos), located in the City of Long Beach and California’s newly-created 47th Congressional District

WASHINGTON, D.C. - July 1, 2013 - (RealEstateRama) -- "Additional resources and better coordination among our partners are paying off as we continue to help people who find themselves homeless," Mayor Bob Foster said

Washington, DC - July 1, 2013 - (RealEstateRama) -- Congressman Mike Thompson (CA-05) today announced a $238,000 federal grant that will provide Sonoma County veterans with job training, job placement, housing and other services. The grant, provided through the Department of Labor (DOL), will be awarded to Vietnam Veterans of California, Inc. in Santa Rosa. The grants were awarded through the Homeless Veterans Reintegration Program (HVRP)

WASHINGTON, D.C. - June 28, 2013 - (RealEstateRama) -- Today, Reps. Adam Schiff (D-CA), Barbara Lee (D-CA) and Mike Quigley (D-IL) announced that the Appropriations Committee had passed their amendment to the annual Transportation, Housing and Urban Development (THUD) Appropriations Bill which would increase funding for the Housing Opportunities for Persons with AIDS (HOPWA) program by $3 million

WASHINGTON, D.C. - June 28, 2013 - (RealEstateRama) -- Earlier today, Rep. Mark Takano (D-Riverside) announced the United States Department of Labor has awarded $157,000 to the Riverside United States Veterans Initiative.

WASHINGTON, D.C. - June 26, 2013 - (RealEstateRama) -- Representative Julia Brownley (D- Westlake Village) introduced the “Helping Homeless Veterans Act,” legislation to reauthorize homeless veterans programs.

Washington, DC - June 25, 2013 - (RealEstateRama) -- Rep. Jim Costa urged the U.S. Secretaries of Housing and Urban Development and Veterans Affairs to prioritize Merced County in their consideration for grants to support homeless veterans. The Housing and Urban Development-Veterans Affairs Supportive Housing (HUD-VASH) Program provides local housing authorities with critical funds to provide permanent supportive housing, case management, and rental assistance. The Merced County 2013 Homeless Count and Survey released in May stated that of 26 of Merced’s 372 homeless individuals were veterans