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Rep. Eshoo Votes for Healthcare and Housing for Service Members

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.

Vallejo Woman Charged with Mortgage and Bankruptcy Fraud

Defendant Used Fraudulent Deed to Obtain More Than $130,000 in Equity from Residence in Bankruptcy Proceeding. SAN JOSE, CA - October 8, 2009 - (RealEstateRama) -- Vallejo, Calif., resident Myra Holmes was indicted by a federal grand jury with concealment of assets and bank fraud, United States Attorney Joseph P. Russoniello announced.

Governor Schwarzenegger Announces $68 Million for Low-Income Home Weatherization

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)

Congresswoman Matsui Announces Release of $1 Million for Sacramento Housing

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.

FINAL APPROVAL IN THE U.S. HOUSE OF REPRESENTATIVES OF MORE THAN $6 MILLION IN...

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.

Turner Selected by United States Marine Corps to Manage Construction of $109 Million Bachelor...

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.

Housing Production Slips Again in August, CBIA Announces

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.

$625,000 GRANT TO HELP ALAMEDA COMMUNITY FOR HOMELESS

Stark hails funds for Alameda Point Collaborative to create job opportunities for formerly homeless. WASHINGTON, DC - September 23, 2009 - (RealEstateRama) -- Rep. Pete Stark (D-CA) today announced that the Alameda Point Collaborative (APC) has been awarded a $625,000 Community Economic Development grant from the Office of Community Services in the Department of Health and Human Services. APC is a community that provides housing and services to help formerly homeless families and individuals flourish.

California Receives Largest State HPRP Funding Allocation in the United States

September 22, 2009 - (RealEstateRama) -- Governor Arnold Schwarzenegger today announced that the California Department of Housing and Community Development (HCD) awarded $42.7 million...

Manteca Mother-Daughter Real Estate Team Arrested in Estimated $5 Million Mortgage Fraud Scam

SACRAMENTO, CA - September 22, 2009 - (RealEstateRama) -- United States Attorney Lawrence G. Brown announced today that a criminal complaint was filed this morning charging IRENE SOTIRIADIS, 23, and HELEN SOTIRIADIS, 49, both of Manteca, with conducting a mortgage fraud scheme from March 2006 through November 2007 that caused losses to lenders estimated at approximately $5 million. Arrest warrants were issued Sunday afternoon by United States Magistrate Judge Gregory G. Hollows after a special agent of the FBI received information that the two suspects may have been intending to flee to Greece.

More than 750 Homeowners Benefit from Free Foreclosure Counseling and Mortgage Assistance at Multi-Agency...

September 21, 2009 - (RealEstateRama) -- Homeowners were invited to attend a free, comprehensive Foreclosure Counseling Fair on Saturday, September 12, to learn about foreclosure prevention and homeownership preservation. The event took place at Jordan High School on Atlantic Avenue near Artesia Boulevard in North Long Beach from 10:00 am to 3:00 pm. Registration began at 9:00 am; however, homeowners started lining up at 7:30 am.

House Unanimously Passes the FHA Multifamily Loan Limit Adjustment Act

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.

C.A.R. survey on impact of federal tax credit

Nearly 40 percent of first-time home buyers report federal tax credit played critical role in decision to purchase a home. LOS ANGELES, CA - September 21, 2009 - (RealEstateRama) -- Nearly 40 percent of first-time home buyers said they would not have purchased a home if the federal tax credit for first-time home buyers was not offered, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2009 First-time Home Buyers Tax Credit Survey.” Understanding the significance of the federal tax credit to the housing market’s recovery, C.A.R. surveyed 200 California first-time home buyers to gauge the impact it had on their purchase decisions

$22 Million Holiday Inn to Open in Lake Forest, CA.

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.

Gov. Schwarzenegger Announces Low Interest Federal Loans Available for Residents, Business Owners Affected by...

September 15, 2009 - (RealEstateRama) -- Governor Arnold Schwarzenegger today announced that the U.S. Small Business Administration (SBA) has declared Los Angeles County a disaster area as a result of the Station fire, ensuring that low interest federal loans are available for residents and business owners affected by the fire, which began on August 26. This action comes as a result of the Governor’s letter requesting the disaster declaration on September 10.

Op-ed: Homeowners Facing Foreclosure Cautioned About Scams

Op-ed by Congresswoman Lucille Roybal-Allard (CA-34) and Ken Wade, Chief Executive Officer, NeighborWorks® America. September 16, 2009 - (RealEstateRama) -- A new wave of fraud is ripping homes out from under people who are stressed, desperate and facing foreclosure. The signs are literally nailed to posts and supermarket bulletin boards everywhere. They are advertised on television and on the internet: Refinance Your Mortgage; Facing Foreclosure? Modify Your Loan; Consolidate Your Debt, Refinance: Zero Down.

Mortgage Lender is Sentenced to 63 Months in Custody in Connection with Real Estate...

SAN FRANCISCO, CA - September 15, 2009 - (RealEstateRama) -- Cheryl Hernandez Camus was sentenced today to 63 months in prison, and ordered to pay $1,457,255 in restitution for mail and wire fraud in connection with a real estate investment scheme, United States Attorney Joseph P. Russoniello announced.

Brown Arrests Three Mortgage Brokers for Stealing Nearly $1 Million from Borrowers

Los Angeles, CA - September 11, 2009 - (RealEstateRama) -- Continuing his fight against mortgage scams, Attorney General Edmund G. Brown Jr. today announced that agents from his office have arrested Michael McConville, and two of his associates for their roles in a "criminal conspiracy" to steal nearly $1 million from borrowers seeking to refinance their homes

KENNEDY WILSON, INC. AND PROSPECT ACQUISITION CORP. ANNOUNCE EXECUTION OF DEFINITIVE MERGER AGREEMENT

September 10, 2009 - (RealEstateRama) -- Kennedy-Wilson, Inc. (“Kennedy Wilson”) (KWIC.PK), a vertically-integrated real estate investment and services company headquartered in Beverly Hills, CA, with 21 offices throughout the U.S. and Japan, and Prospect Acquisition Corp. ("Prospect") (NYSE Amex: PAX), a special purpose acquisition company with approximately $248 million of cash, today announced that they have signed a definitive agreement under which they plan to combine. The proceeds of the transaction will enable Kennedy Wilson to seek to capitalize on distressed real estate acquisition opportunities and to fund the growth of its auction and property management businesses.

Inglewood Board of REALTORS® offers Clarus MarketMetrics® as a member benefit

LOS ANGELES, CA - September 9, 2009 - (RealEstateRama) -- Real Estate Business Services® (REBS®) today announced that the Inglewood Board of REALTORS® has signed an agreement to provide Clarus MarketMetrics® as a member benefit to its more than 300 REALTOR® and Multiple Listing Service (MLS) members. Inglewood Board of REALTORS® uses Multi Regional Multiple Listings Service (MRMLS) as its multiple listing provider.

Popular Government & Nonprofit Press Releases

Recent Government & Nonprofit Press Releases

Napolitano’s Statement on Trump Administration’s Attack on Clean Water

Rep. Grace F. Napolitano (D-El Monte), issued the following statement after the Trump administration announced a new proposal—claiming it to be pro-industry—which would weaken federal clean water rules, putting at risk the health and safety of millions of Americans