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Washington, DC - October 9, 2009 - (RealEstateRama) -- The Subcommittee on Housing and Community Opportunity, chaired by Congresswoman Maxine Waters (D-CA), held a hearing today on “The Future of the Federal Housing Administration’s Capital Reserves: Assumptions, Predictions and Implications for Homebuyers”. FHA plays an increasingly important role in the nation’s housing market. Recent news articles have raised concerns about the FHA’s capital reserve fund, the account the agency uses to pay insurance claims to lenders when borrowers default on home loans. Assistant Secretary for Housing and FHA Commissioner David Stevens, testified today regarding steps FHA is taking to boost capital reserve levels.

Washington, D.C. - October 9, 2009 - (RealEstateRama) -- Today, Rep. Anna G. Eshoo (D-Palo Alto) voted for two key measures for service members and veterans. H.R. 1016, the Veterans Health Care Budget Reform and Transparency Act, speeds the delivery of funding for veterans health care and H.R. 3590, the Service Members Home Ownership Tax Act, assists service members looking to buy or sell their homes and extends home-buying incentives.

SAN JOSE, CA - October 7, 2009 - (RealEstateRama) -- CALIFORNIA REALTOR® EXPO 2009, the state’s largest real estate trade show, opens today at 5 p.m. at the San Jose Convention Center in San Jose, Calif. Running Oct. 6-8, CALIFORNIA REALTOR® EXPO 2009 features more than 50 cutting-edge seminars, hot new products, and networking opportunities for California REALTORS®. CALIFORNIA REALTOR® EXPO 2009 also offers more than 150 exhibit booths and is expected to attract more than 7,000 attendees. Educational seminars range from hands-on computer training and social networking for business to short sales and home staging.“CALIFORNIA REALTOR® EXPO 2009 provides an invaluable networking and educational opportunity to California REALTORS®,” said C.A.R. President James Liptak. “The event has something for everyone, whether a new REALTOR® curious about how to thrive in California’s ever-changing market, or a seasoned veteran looking for new ways to boost their bottom line.”

October 7, 2009 - (RealEstateRama) -- Governor Arnold Schwarzenegger today announced the awarding of more than $68 million in American Recovery and Reinvestment Act (Recovery Act) weatherization funding to non-profit, local government and community action agencies throughout the state. This funding is federally designated to help low-income families weatherize their homes, which decreases utility bills and saves energy while stimulating local economies. Administered by the State Department of Community Services and Development (CSD), California’s low-income Recovery Act weatherization program was one of the first 15 state plans federally approved by the U.S. Department of Energy (DOE)

Money will Help Local Organization Disburse Home Loans to Low-Income Sacramentans. WASHINGTON, DC - October 2, 2009 - (RealEstateRama) -- Congresswoman Doris O. Matsui (D-CA) announced today that the U.S. Treasury Department has released $1,000,000 to Sacramento Neighborhood Housing Services, Inc. (SNHS). SNHS is a loan fund that provides gap funding and comprehensive home ownership and foreclosure prevention counseling for local low-income individuals and families. Their work has helped countless families achieve the dream of home ownership, and many more stay in their homes despite the recent economic downturn.

October 2, 2009 - (RealEstateRama) -- Congresswoman Lucille Roybal-Allard (CA-34) applauded passage in the U.S. House of Representatives today of the appropriations bill that provides federal funding for critical local water projects in the Los Angeles area.

Project Represents Second Recent Award for Turner At Camp Pendleton. New York, N.Y. - September 25, 2009 - (RealEstateRama) -- Turner Construction Company, the nation’s leading general builder, in a joint venture with TB Penick & Sons, Inc., has been awarded a $109 million design-build contract by the United States Marine Corps to construct four Bachelor Enlisted Quarters (BEQ) at Camp Pendleton, California. The project is scheduled for completion in August 2011. This project follows the $104 million contract awarded to the team in August for four additional Bachelor Enlisted Quarters (BEQ) also at Camp Pendleton, California.

SACRAMENTO, CA - September 24, 2009 - (RealEstateRama) -- Demand for new homes slipped again in August, a decline California homebuilders attributed to the discontinuation of the successful state homebuyer tax credit program, the California Building Industry Association announced today.

Washington, DC - September 21, 2009 - (RealEstateRama) -- On Tuesday, the House unanimously passed the Federal Housing Administration (FHA) Multifamily Loan Limit Adjustment Act, a bill coauthored by Congressman Miller, to address the need for new construction or substantial rehabilitation of multifamily units in extremely high cost areas of the country.

New-build property features new sign and brand standards as part of the worldwide brand relaunch. ATLANTA, GA - September 17, 2009 - (RealEstateRama) -- IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)], the world's largest hotel group by number of rooms, announced today that the Holiday Inn Irvine South/Irvine Spectrum will open within a month.