Archives

DALLAS, TX - December 20, 2010 - (RealEstateRama) -- At separate sentencing hearings today, U.S. District Judge Barbara M.G. Lynn sentenced housing developers Brian L. Potashnik and Cheryl L. Potashnik, who were convicted in what has become known as the “Dallas City Hall Corruption Case,” announced U.S. Attorney James T. Jacks of the Northern District of Texas.

December 10, 2010 - (RealEstateRama) -- Congressman Silvestre Reyes (D-TX) released the following statement after today’s groundbreaking ceremony for the new 73-unit Paisano Green Community. The $10.4 million project was made possible by an $8.25 million grant from the American Recovery and Reinvestment Act. El Paso was one of only 36 communities in the nation (and the only one in Texas) awarded with a competitive grant for the construction of ‘green’ affordable housing units. Congressman Reyes was scheduled to speak at today’s ceremony but was unable to attend due to ongoing votes in the U.S. House of Representatives

AUSTIN, TX - November 24, 2010 - (RealEstateRama) -- The spirit of Thanksgiving was definitely in the air today as state and local elected officials gathered in Orange to join the Texas Department of Housing and Community Affairs (TDHCA) in celebrating the grand opening of a new housing development in the historic Navy Park district financed with $3.4 million in federal hurricane disaster recovery funds from TDHCA.The grand opening of Orange Navy Homes II gives 36 low income families much to be thankful for this holiday season: A decent, high-quality home environment that fits the household budget.

November 23, 2010 - (RealEstateRama) -- “Today I sent a letter to FHFA Acting Director DeMarco asking him to provide a full and clear accounting of taxpayer dollars being expended for lawyer’s fees and related legal activities for Fannie Mae and Freddie Mac, including former executives who are the subject of ongoing class action lawsuits. Now that the taxpayers are on the hook for the operations of Fannie and Freddie I want to be certain that their money is being used in the most responsible manner possible. Among other things, I am concerned that the taxpayers are stuck picking up the tab for ongoing legal counsel for the very executives who drove the GSEs into conservatorship in the first place.

THE COLONY, TX - November 22, 2010 - (RealEstateRama) -- Matthews Southwest, one of the region’s most progressive developers, today announces that American Legend Homes has joined its select stable of builders and will offer its award-winning, sustainable home plans at The Tribute Resort Community on the shores of Lewisville Lake.

AUSTIN, TX - November 5, 2010 - (RealEstateRama) -- The Texas Department of Housing and Community Affairs (TDHCA) today announced that it has reduced interest rates on mortgage loans offered through its Texas First Time Homebuyer Program to historically low levels, further opening the door to safe and responsible homeownership for qualifying low to moderate income Texans.Interest rates on these 30-year, fixed rate mortgage loans have been set at either 4.20 percent or 4.95 percent, depending on which of two types of loans the borrower selects. Rates had previously been set at 4.99 percent or 5.74 percent, respectively. The assisted rate of 4.95 percent is available with funds for down payment and closing cost assistance, helping families overcome what are often the biggest obstacles to buying a home.

AUSTIN, TX - October 28, 2010 - (RealEstateRama) -- Consumers who suffered property damage in the recent severe weather in the North Texas area should contact their insurance company or agent to file a claim as soon as possible. Initiating this process is the first step toward getting money to begin making repairs.

Washington, D.C. - October 6, 2010 - (RealEstateRama) -- Congressman Rubén Hinojosa announced a $100,000 grant was awarded to Refugio County by the U.S. Department of Agriculture under the Rural Development Housing Preservation Grants Program to repair and improve rural homes for low and very-low-income residents.

New York, NY - October 6, 2010 - (RealEstateRama) -- The renowned Greenhouse Spa in the Dallas/Fort Worth Metroplex, a favorite exclusive retreat for nearly every first lady from Nancy Reagan to Lady Bird Johnson, as well as such celebrity names as Grace Kelly, Cindy Crawford, Brooke Shields, Paloma Picasso and Estée Lauder, among others, will be sold at auction on Wednesday, November 19th announced Douglas Johnson, managing director, of CBRE Auction Services.

Houston, TX - September 30, 2010 - (RealEstateRama) -- CB Richard Ellis and Brookfield Real Estate Opportunity Fund (BREOF) are please to announce the execution of eight, multi-tenant office lease deals at 712 Main Street, a 792,000 square foot office building located in Houston’s Central Business District.

Dallas, TX - September 21, 2010 - (RealEstateRama) -- The U. S. Department of Housing and Urban Development (HUD) will be awarding Dallas County with a $2,342,611 Community Development Block Grant (CDBG), a $93,098 Emergency Shelter Grant (ESG) and a $773,694 HOME grant.

September 20, 2010 - (RealEstateRama) -- Unlike the beasts, mankind survives because he is a scientist. We cannot physically compete with animals that can fly, or run and swim faster than us, who can drink dirty water and combat the bacteria in it, or who multiply in such sheer numbers that they survive despite losing 95% of their offspring each generation. No, human beings survive in this universe because our nature is to figure out the natural laws of physics, and domesticate them, building infrastructure, to reflect those laws in the world we create. We build farms to feed each other, build machines to aid our productivity, and build our knowledge, to improve our culture, and the technology of our infrastructure, from one generation to the next.

September 20, 2010 - (RealEstateRama) -- True to his fascist character, Nero Obama is playing golf while the United States burns. Every day, new reports emerge of the effects of our nation’s collapsing infrastructure and bankrupt localities: fire and police departments are laying off emergency responders, social safety nets are being eliminated, and cities across the country are faced with horrifying conditions. Now Detroit, just one of the 2,000 municipalities denied Federal relief, by Obama, is burning down.

Houston, TX - September 8, 2010 - (RealEstateRama) -- CB Richard Ellis has announced that it will partner with HomeAid Houston to provide housing for the homeless in Houston during its September 2010 “Get Out and Give Back” BuildMonth through CBRE Cares, the company’s national corporate philanthropy program. More than 20 CBRE offices will participate in rebuilding projects during this month of giving back, which will benefit local communities in partnership with HomeAid and Rebuilding Together, CBRE Shelter Program charitable partners, as well as Habitat for Humanity.

AUSTIN, TX - August 5, 2010 - (RealEstateRama) -- Texas Department of Housing and Community Affairs (TDHCA) today announced statewide funding awards to help finance the development of high quality rental properties offering reduced rents yet with an attractive design to blend seamlessly within the community.

Washington, DC - July 29, 2010 - (RealEstateRama) -- U.S. Rep. Rubén Hinojosa (TX-15) announced the House Financial Services Committee approved H.R. 4868, the Housing Preservation and Tenant Protection Act of 2010

Houston, TX - August 3, 2010 - (RealEstateRama) -- Congressman Al Green (TX-09) accompanied Secretary of Housing and Urban Development (HUD), Shaun Donovan, as he visited Houston to take a first-hand look at the successful results of the American Reinvestment and Recovery Act (ARRA) in the fourth largest city in the United States.

August 3, 2010 - (RealEstateRama) -- On Tuesday, August 3rd, Congressman Al Green (Texas 9th Congressional District) will visit KCOH Radio-1430 AM to talk about his top priorities for the rest of the 111th Congress. The Congressman will take phone calls from the audience and invites Houston’s media outlets to participate in the segment

HOUSTON, TX - July 30, 2010 - (RealEstateRama) -- As part of the Obama Administration’s “Recovery Summer” initiative, U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan will travel to Houston, TX on Monday, August 2 to tour Kennedy Park Place, a new affordable housing redevelopment that is currently under construction using $7.8 million in HUD Recovery Act funds.

Washington (DC) - July 29, 2010 - (RealEstateRama) -- Yesterday, Congressman Al Green’s (TX-09) “Veterans, Women, Families with Children, and Persons with Disabilities Housing Fairness Act of 2010” (H.R. 476) moved forward in Congress after being approved in a mark up session held by the House Committee on Financial Services. The bill has now been favorably approved and reported out of Committee.