Make permanent the present rates of the municipal real estate conveyance tax

March 19, 2010 Posted by Connecticut RealEstateRama

March 19, 2010 - (RealEstateRama) — CCM is Connecticut’s statewide association of towns and cities and the voice of local government - your partners in governing Connecticut. Our members represent over 93% of Connecticut’s population. We appreciate this opportunity to provide testimony to you on issues of concern to towns and cities.

Stillman Welcomes State Funds to Improve New London Housing Authority Stock

March 16, 2010 Posted by Connecticut RealEstateRama

March 16, 2010 - (RealEstateRama) — State Senator Andrea L. Stillman (D-Waterford) today welcomed final approval for the sale of state bonds to underwrite a loan to the New London Housing Authority. A total of just over $6 million will be used to overhaul 126 two- and three-bedroom apartments at the Bates Wood complex in New London.

McDonald’s Homeowners’ Foreclosure Assistance Bill Receives Praise, Support at Public Hearing

March 4, 2010 Posted by Connecticut RealEstateRama

March 4, 2010 - (RealEstateRama) — A bill by State Senator Andrew J. McDonald (D-Stamford) that is designed to make banks and other financial institutions work more closely with homeowners during foreclosure proceedings received a strong outpouring of support today during its public hearing before the Judiciary Committee

Senators McDonald, Kissel Seek to Improve Bank-Homeowner Relationship During Foreclosure

March 1, 2010 Posted by Connecticut RealEstateRama

March 1, 2010 - (RealEstateRama) — State Senators Andrew J. McDonald (D-Stamford) and John Kissel (R-Enfield), the Senate Chairman and Ranking Member, respectively, of the Judiciary Committee, today unveiled a new legislative proposal designed to make banks and other financial institutions work more closely with homeowners during foreclosure proceedings.

Dodd Asks Regulators for Answers on Commercial Real Estate Market

February 23, 2010 Posted by Connecticut RealEstateRama

February 22, 2010 - (RealEstateRama) — Today, Senate Banking Committee Chairman Chris Dodd (D-CT) wrote Federal bank regulators and asked them to report on their efforts to stabilize the very troubled commercial real estate market (CRE).

Connecticut Real Estate Investors Association (CT REIA) Announces All Day Seminar With Andy Heller On February 27, 2010

February 18, 2010 Posted by Connecticut RealEstateRama

West Hartford, CT - February 18, 2010 - (RealEstateRama) — The Connecticut Real Estate Investors Association, or CT REIA, in association with Andy Heller is announcing an all day seminar on Saturday, February 27, 2010. This event will take place from 8:30am to 5:30pm, at the Four Points Sheraton in Meriden, CT. This event is $34 for CT REIA members and $39 for non-members for online registration. Day of the event pricing is $49 for CT REIA members and $79 for non-members. There is an early morning question and answer that begins at 8:00am. Attendees who pre-register online by March 4th will receive a complimentary copy of Andy Heller and Scott Frank’s best selling book “Buy Even Lower”.

Dodd Discusses Home Heating Assistance in Bridgeport

January 5, 2010 Posted by Connecticut RealEstateRama

January 5, 2010 - (RealEstateRama) — Senator Chris Dodd (D-CT) today visited Bridgeport non-profit Action for Bridgeport Community Development, Inc. (ABCD) to discuss home heating assistance for Connecticut

Dodd Announces Over $28.7 Million for Connecticut Homeless Assistance Programs

December 24, 2009 Posted by Connecticut RealEstateRama

December 24, 2009 - (RealEstateRama) — Senator Chris Dodd (D-CT) announced today that several agencies throughout Connecticut will receive a total of over $28.7 million to support local homeless assistance programs. The funds were awarded from the U.S. Department of Housing and Urban Development’s Continuum of Care grant program.

CFO of Real Estate Development Firm Admits Role in Fraud Scheme

December 8, 2009 Posted by Connecticut RealEstateRama

December 8, 2009 - (RealEstateRama) — Nora R. Dannehy, United States Attorney for the District of Connecticut, announced that PAUL MAYOTTE, 69, of Brookfield, the CFO of Girouard Associates, Inc. and RRG Investments, LLC, both of which are owned by Connecticut real estate developer Richard Girouard, pleaded guilty today before Senior United States District Judge Alfred V. Covello in Hartford to one count of an indictment charging MAYOTTE with conspiring with Girouard to commit wire fraud related to a scheme to defraud an investor out of money.

Real Estate Developer Admits Role in Bank Bribery Scheme

November 25, 2009 Posted by Connecticut RealEstateRama

November 25, 2009 - (RealEstateRama) — Nora R. Dannehy, United States Attorney for the District of Connecticut, announced that RICHARD R. GIROUARD, 55, a Connecticut real estate developer residing in Norwalk, Connecticut and Stuart, Florida, pleaded guilty today before Senior United States District Judge Alfred V. Covello in Hartford to one count of an indictment charging GIROUARD with conspiring to commit financial institution bribery

Real Estate Appraiser Charged with Making False Statement on Mortgage Loan Application

November 19, 2009 Posted by Connecticut RealEstateRama

November 19, 2009 - (RealEstateRama) — Nora R. Dannehy, United States Attorney for the District of Connecticut, today announced that a federal grand jury sitting in Bridgeport has returned an indictment charging THOMAS PRESTON, 49, of Norwalk, with one count of making a false statement on a mortgage loan application.

Lieberman Applauds More Than $125,000 for Green Building Training in Connecticut

November 18, 2009 Posted by Connecticut RealEstateRama

WASHINGTON, DC - November 18, 2009 - (RealEstateRama) — Senator Joe Lieberman (ID-CT) today praised the release of $129,827 to two Connecticut corporations to help individuals acquire the skills needed to enter and advance in a clean energy economy. The grants will be used for green building training programs in Hartford and Bridgeport. The funds were released by the U.S. Department of Labor as a part of the American Recovery and Reinvestment Act.

Daily Welcomes New Housing, Economic Development in East Haddam

November 18, 2009 Posted by Connecticut RealEstateRama

November 18, 2009 - (RealEstateRama) — State Senator Eileen M. Daily (D-Westbrook), Senate Chair of the legislature’s Finance, Revenue, and Bonding Committee, took part in an East Haddam groundbreaking ceremony today to formally begin construction of a new Goodspeed Musicals initiative. The $5.5 million project represents significant economic development for the town and region.

Senate Majority Leader: Democrats’ Home Energy Assistance Web Page Can Help Families Save This Winter

November 16, 2009 Posted by Connecticut RealEstateRama

Web site provides one-stop shop for families seeking help with heating expenses, furnace upgrades and home weatherization. Hartford, CT - November 16, 2009 - (RealEstateRama) — State Senate Majority Leader Martin Looney (D-New Haven) announced today that the Senate Democrats have released an update to their home-heating assistance Web page to help provide Connecticut families with a convenient location on the Web for information on a wide variety of home-heating assistance programs.

Represenative Votes To Extend Unemployment Insurance, First-Time Home Buyer Tax Credit and Provide Tax Relief To Small Businesses

November 6, 2009 Posted by Connecticut RealEstateRama

Washington, DC - November 6, 2009 - (RealEstateRama) — Congressman Joe Courtney announced that he has voted in favor of H.R. 3548, the Unemployment Compensation Extension Act, which extends an additional 14 weeks of unemployment assistance to all states, including Connecticut, and extends the homebuyer tax credit for first-time buyers and military families. The legislation also provides relief to businesses by extending a five year net operating loss carryback to 2009. The bill passed 403-12.

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