Yearly Archives: 2009

Owner of Brownstone Construction Indicted for Mortgage Fraud

HOUSTON, TX - September 3, 2009 - (RealEstateRama) -- A 16-count sealed indictment charging Melvin Lendall Brown, the owner of Brownstone Construction, with wire fraud arising from an alleged multi-million dollar mortgage fraud scheme has been unsealed, United States Attorney Tim Johnson and FBI Special Agent in Charge Richard C. Powers announced today.

State housing agency provides $3.4 million boost to Orange’s post-Ike rental housing market

AUSTIN, TX - September 3, 2009 - (RealEstateRama) -- Working to expand rental options for Orange residents struggling to secure affordable housing in the wake of hurricanes Rita and Ike, the Texas Department of Housing and Community Affairs (TDHCA) and State Representative Joe Deshotel today announced a major funding award to the private developers of a new rental property designed to bring stability to the lives of low to moderate income tenants and much-needed benefits to the local economy.

State housing agency providing $20.9 million to Chambers County’s Hurricane Ike recovery efforts

AUSTIN, TX - September 3, 2009 - (RealEstateRama) -- Aiming to rebuild housing stock in the wake of Hurricane Ike and bolster the region’s economy, the Texas Department of Housing and Community Affairs (TDHCA) and State Senator Tommy Williams today announced a major award of federal disaster recovery funds to Chambers County.

State housing agency providing $8.8 million to Liberty County’s Hurricane Ike recovery efforts

AUSTIN, TX - September 3, 2009 - (RealEstateRama) -- Aiming to rebuild housing stock in the wake of Hurricane Ike and bolster the region’s economy, the Texas Department of Housing and Community Affairs (TDHCA) and State Senator Tommy Williams today announced a major award of federal disaster recovery funds to Liberty County.

State housing agency providing $950,000 to Brazos Valley region’s Hurricane Ike recovery efforts

AUSTIN, TX - September 3, 2009 - (RealEstateRama) -- Aiming to rebuild housing stock in the wake of Hurricane Ike and bolster the region’s economy, the Texas Department of Housing and Community Affairs (TDHCA) today announced a major award of federal disaster recovery funds to a regional nonprofit housing organization serving a seven-county area of central Texas.

State housing agency providing $200,000 to Mission’s hurricane recovery efforts

AUSTIN, TX - September 3, 2009 - (RealEstateRama) -- Aiming to rebuild housing stock in the wake of Hurricane Dolly and bolster the region’s economy, the Texas Department of Housing and Community Affairs (TDHCA) and State Senator Juan “Chuy” Hinojosa today announced a major award of federal disaster recovery funds to the City of Mission.

State housing agency providing $540,000 to Willacy County’s hurricane recovery efforts

AUSTIN, TX - September 3, 2009 - (RealEstateRama) -- Aiming to rebuild housing stock in the wake of Hurricane Dolly and bolster the region’s economy, the Texas Department of Housing and Community Affairs (THDCA) and State Senator Eddie Lucio, Jr. today announced a major award of federal disaster recovery funds to Willacy County.

Former Dallas Cowboys Football Player, Eugene Lockhart, and Eight Others, Charged in Mortgage Fraud...

DALLAS, TX - September 3, 2009 - (RealEstateRama) -- A federal grand jury has indicted Eugene Lockhart, Jr., 48, a former player with the Dallas Cowboys, and eight others, on various charges related to a mortgage fraud scheme he and the others allegedly ran in the Dallas area from 2001 through 2005, announced U.S. Attorney James T. Jacks of the Northern District of Texas.

Do You Have the Messiest Office in Austin? Austin Centre Executive Suites Wants You!

AUSTIN, TX - August 26, 2009 - (RealEstateRama) -- Is your office cluttered with annual reports from 2001? Two-year-old candy bar wrappers? Memos from your former boss’ ex-boss? Stacks of business cards from people you don’t remember meeting? Operating instructions for every cell phone you’ve ever owned?

Houston Association Of Realtors® Announces Support For Stephen Costello For Houston City Council, At-Large,...

HOUSTON, TX - August 20, 2009 - (RealEstateRama) -- The Houston Association of Realtors® Board of Directors announced its decision to support Stephen Costello for Houston City Council, At-large, Position 1 and Noel Freeman for Houston City Council, At-large, Position 4.

State housing agency releases $81 million in first time homebuyer funds

AUSTIN, TX - August 20, 2009 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) has released $81 million in mortgage loan funds available to help qualifying households purchase their first home. Homeownership promotes stable families and neighborhoods, generates local economic development with construction jobs, and supports local governments with increased tax revenue.

Tax Masters Leases Entire Building in West Houston

Houston, TX - August 17, 2009 - (RealEstateRama) -- Tax Masters, Inc. has signed a deal to relocate its office from 900 Town and Country Lane to 2020 Dairy Ashford, part of a two building complex located on Dairy Ashford, just north of Westheimer Road in west Houston. The Houston-based, IRS tax relief representation firm leased the entire six story building totaling 107,890 square feet.

Reverse Mortgage Calculator

August 17, 2009 - (RealEstateRama) -- It is a good idea to understand what a reasonable amount of income to expect is from your reverse mortgage, based on your age, equity in your home and other financial variables in your life. You can use an online calculator to estimate what your reverse mortgage will look like.

Ortiz Announces $367k For Kingsville City Housing Authority

WASHINGTON, DC - August 10, 2009 - (RealEstateRama) -- Today, U.S. Rep. Solomon P. Ortiz (TX-27) announced $367,436 in funding for the Kingsville City Housing Authority from the U.S. Department of Housing and Urban Development.

State housing agency invests $78.7 million to expand rental housing choices in Texas

AUSTIN, TX - August 5, 2009 - (RealEstateRama) -- Striving to increase the state’s stock of affordable rental housing, strengthening families and communities in uncertain economic times, the Texas Department of Housing and Community Affairs (TDHCA) has announced a funding plan to help finance affordable rental properties across the state bringing stability to young working families and retired individuals while providing a boost to local economies.

State housing agency awards $288 million in federal stimulus weatherization funds

AUSTIN, TX - August 4, 2009 - (RealEstateRama) -- Understanding the enormously positive and cost-effective impact weatherization can have on a home, the Texas Department of Housing and Community Affairs (TDHCA) has announced a major award designed to generate a wide array of jobs that will help jump start the state’s construction industry, while increasing home energy efficiency for low income households, reducing their cost burden, and creating a healthier environment.

State housing agency awards $40.4 million to prevent homelessness, rapidly re-house homeless Texans

AUSTIN, TX - August 3, 2009 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) has announced a significant award of federal stimulus funding designed to mitigate and prevent the effects of homelessness both for those individuals who are homeless and for the communities in which they are located.

Clear Lake Mortgage Broker/Real Estate Developer Sentenced to 10 Year Prison Term

HOUSTON, TX - July 29, 2009 - (RealEstateRama) -- Richard Bell, 50, president and CEO of Harborside Mortgage Corporation, was sentenced to 121 months in prison late yesterday by U.S. District Judge Gray Miller for bank fraud and money laundering, United States Attorney Tim Johnson announced today.

Texas Children’s is first TMC institution to join Rice’s BioScience Research Collaborative

HOUSTON, TX - July 27, 2009 - (RealEstateRama) -- Texas Children's Hospital today became the first Texas Medical Center (TMC) institution to lease space in Rice University's new BioScience Research Collaborative (BRC), a place where scientists and educators from the university and TMC institutions will work together to perform leading research that benefits human medicine and health.

Congresswoman Eddie Bernice Johnson Announces $700,000 Grant To Hiv/Aids Program In Dallas

Washington, DC - July 21, 2009 - (RealEstateRama) -- Congresswoman Eddie Bernice Johnson today announced that the U.S. Department of Housing and Urban Development (HUD) has awarded a grant of $721,000 to the City of Dallas, through the Housing Opportunities for People with AIDS (HOPWA) Program.

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Benefits of Hiring an Accident Attorney

The Benefits of Hiring an Accident Attorney

Road accidents are more common that one might think. Did you know that according to Texas Department of Transportation, 1 crash occurs every 59 seconds in Texas? In the unfortunate situation of a road crash, your injuries are not the only thing you need to worry about.