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SACRAMENTO, CA - September 9, 2010 - (RealEstateRama) -- Today, Congresswoman Doris Matsui (D-Sacramento) announced that the Sacramento area will receive $8.2 million in Federal funding to help support and stabilize our local housing market. Funding will be used to purchase and redevelop foreclosed and abandoned homes. The funding was made available by the Department of Housing and Urban Development’s (HUD) as part of the third round of grant funding announcements under the Neighborhood Stabilization Program (NSP3), and includes $4.5 million for Sacramento County and $3.7 million for the City of Sacramento. NSP3 funding is designed to assist communities that have suffered from high rates of home foreclosures and abandonment

EAST RANCHO DOMINGUEZ, CA - September 2, 2010 - (RealEstateRama) -- The sustainable building efforts of Benchmark Contractors working in collaboration with developer and architect Abode Communities, have resulted in Casa Dominguez, the first-ever LEED for Homes Platinum certified multifamily development in Los Angeles County and the second within the State of California

SACRAMENTO, CA - September 1, 2010 - (RealEstateRama) -- Today, Congresswoman Doris Matsui (CA-05) issued a letter in response to the most recent display of uncertainty by the Federal Housing Finance Agency (FHFA) in their handling of the Property Assessed Clean Energy (PACE) program – a program funded by the American Recovery and Reinvestment Act (ARRA) which could have provided thousands of good American jobs and helped meet our nation’s energy efficiency goals – if properly enacted

SACRAMENTO, CA - August 24, 2010 - (RealEstateRama) -- Housing production in California continued to increase in July as a result of strong performance in the multifamily sector, the California Building Industry Association announced today.

SACRAMENTO, CA - August 20, 2010 - (RealEstateRama) -- Today, Congresswoman Doris Matsui (D-Sacramento) announced that Sacramento Neighborhood Housing Services has received $750,000 to help provide financing for low-income housing projects in Sacramento. Awarded through the Treasury Department’s Community Development Financial Institution Program (CDFI), this funding is awarded to nonprofit certified community development financial institutions that serve low-income people and communities that lack adequate access to affordable financial products and services.

LOS ANGELES, CA - August 19, 2010 - (RealEstateRama) -- The percentage of households that could afford to buy an entry-level home in California stood at 64 percent in the second quarter of 2010, compared with 67 percent for the same period a year ago, according to a report released today by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)

SACRAMENTO, CA - August 19, 2010 - (RealEstateRama) -- After posting a slight increase last quarter, housing affordability in California decreased in the second quarter of 2010 with 15 of the state’s 28 metropolitan areas included in the report showing affordability levels creeping downward, the California Building Industry Association said today

SACRAMENTO, CA - August 16, 2010 - (RealEstateRama) -- An updated version of The Economic Benefits of Housing report released today by the California Homebuilding Foundation (CHF) in conjunction with the Center for Strategic Economic Research (CSER), confirms that the housing industry’s economic output has fallen approximately 80 percent since 2005, representing a loss of tens of billions of dollars and hundreds of thousands of jobs to the state’s economy.

IRVINE, CA - August 11, 2010 - (RealEstateRama) -- Marcy Torres, Chief Financial Officer (CFO) of Irvine, CA-headquartered Jamboree Housing Corporation, has been promoted to Executive Vice President and CFO, according to an announcement by Laura Archuleta, Jamboree President. With the promotion, Torres will continue to manage the company’s finance department and will now also oversee its extensive $1 billion property portfolio and Jamboree’s social services programs designed to enhance the health and welfare of its residents

August 6, 2010 - (RealEstateRama) -- The Long Beach Housing Development Company (LBHDC), together with Councilmember Dee Andrews, 6th District, The Los Angeles Neighborhood Housing Services (LANHS), and Los Angeles County NeighborWorks Center for Foreclosure Solutions invite the public to the "Help & Hope" Foreclosure Prevention Assistance and Homebuyer Education Fair at Long Beach Polytechnic High School. The free event has the dual purpose to “help” families prevent foreclosure and provide “hope” to families who dream of purchasing a home now that home prices are lower than in previous years. Congresswoman Laura Richardson is expected to attend.

ANAHEIM, CA - August 2, 2010 - (RealEstateRama) -- Eleven of the top experts in community association management in California were presented with Vision Awards by the California Association of Community Managers (CACM) at last night’s awards ceremony. The awards were presented to professionals from around the state for their outstanding expertise in homeowner association management.

WASHINGTON, DC - July 30, 2010 - (RealEstateRama) -- Congresswoman Doris Matsui (D-Sacramento) announced that the fiscal year 2011 Transportation, Housing and Urban Development (THUD) Appropriations Bill, which was approved by the House of Representatives Thursday, includes over $1 million in funding secured by Rep. Matsui for important local transportation and housing development initiatives. Beneficiaries include the County of Sacramento, the City of Sacramento, and My Sister’s House domestic violence shelter. “The appropriations bill passed by the House will invest significantly in our nation’s infrastructure while also spurring our country’s economic growth,” stated Congresswoman Matsui. “New jobs will be created by this legislation by making our roads safer and our public transit more secure.”

SACRAMENTO, CA - July 26, 2010 - (RealEstateRama) -- Total housing starts in California continued to gain ground in June and posted the largest monthly total since December of 2008, the California Building Industry Association announced today

July 23, 2010 - (RealEstateRama) -- Governor Arnold Schwarzenegger today issued the following statement after the Department of Energy (DOE) selected Calera Corporation of Los Gatos, CA as one of six recipients to receive American Recovery and Reinvestment Act funds to convert captured CO₂ emissions from industrial sources into useful products:

BUENA PARK, CA - July 22, 2010 - (RealEstateRama) -- The Buena Park City Council has unanimously approved a new affordable housing community that...

PLEASANTON, CA - July 21, 2010 - (RealEstateRama) -- Attorney General Edmund G. Brown Jr. and the City of Pleasanton have reached a precedent-setting agreement ending Pleasanton's restrictions on new housing and opening the way for jobs and new housing to be located close to each other.

SACRAMENTO, CA - July 21, 2010 - (RealEstateRama) -- The pace of home sales at California new-home communities struggled through a challenging May after the expiration of a federal tax credit, the California Building Industry Association reported today.

July 7, 2010 - (RealEstateRama) -- Governor Arnold Schwarzenegger today issued the following statement in response to the Federal Housing Finance Agency’s (FHFA) decision on the Property Assessed Clean Energy Financing (PACE) program.

Los Angeles, CA - July 5, 2010 - (RealEstateRama) -- Los Angeles Mayor Antonio R. Villaraigosa was joined today by City Councilmembers Bill Rosendahl, Janice Hahn and Tom LaBonge, airport commissioners and business leaders in a ribbon-cutting ceremony to commemorate completion of a $12.3-million renovation and seismic retrofit of the iconic Theme Building at Los Angeles International Airport (LAX). The mayor also announced the building’s Observation Deck will re-open to the public on weekends only beginning Saturday, July 10, 2010.“From the Observation Deck, viewing planes from many countries, you can see that LAX is a gateway to the world and a strong economic engine for the region.” said Mayor Villaraigosa. “LAX brings the world to Los Angeles, and I am proud to once again welcome travelers and families to visit the iconic Theme Building and the extraordinary views from the Observation Deck while they are here.”

Washington, DC - July 2, 2010 - (RealEstateRama) -- Congresswoman Lucille Roybal-Allard (CA-34) hailed today’s subcommittee approval by the House Appropriations Transportation, Housing and Urban Development Subcommittee of a FY 2011 spending measure that includes $75 million for state-of-the-art technology to prevent train collisions.