APRIL IS A FAIR HOUSING MONTH
April 15, 2010 - (RealEstateRama) -- The City of Hartford, Office of Human Relations will host the 3rd Annual Fair Housing Month celebration. This year’s theme is “Knowledge is the Key.” The event takes place on Friday, April 23, 2010 from 10:00 a.m. to 12:00 p.m. in the Hartford Public Library, Seminar Room 2nd floor, located at 500 Main Street, Hartford, CT 06103
Senate Majority Leader Martin Looney Helps Keep Foreclosure Mediation Program in Place
Harford, CT - April 15, 2010 - (RealEstateRama) -- State Senate Majority Leader Martin Looney helped to lead passage of a bipartisan bill that not only resolves most of the state’s budget deficit for the current year but also extends the state’s landmark foreclosure mediation program for an additional year.
60 Million of Tax-Exempt Bond Financing Available for Rental Housing Under New Notice of...
April 15, 2010 - (RealEstateRama) -- The Connecticut Housing Finance Authority (CHFA) announces availability of approximately $60,000,000 for construction and permanent Tax-Exempt Bond (TEB) financing for multifamily rental housing developments. TEB financing is typically paired with 4% Low-Income Housing Tax Credits (LIHTC) as a source of investor equity. Under this notice of funding availabilty, CHFA will be accepting both TEB financing and 4% LIHTC applications
Tax Day Highlights New Tax Relief for Connecticut Families
Washington, DC - April 14, 2010 - (RealEstateRama) -- Congressman Jim Himes (CT-4) reminded constituents today that Connecticut taxpayers are seeing significant relief as a result of new tax breaks for middle and low-income families. As noted by former Reagan policy advisor Bruce Bartlet, ?“…federal taxes are very considerably lower by every measure since Obama became president.” All totaled, Congress has enacted over $800 billion in tax cuts, including the Making Work Pay, First-time Homebuyer, and new residential energy tax credits, with another $285 billion in cuts also making their way through Congress, such as permanent estate tax relief and the R&D tax credit to spur business innovation.“The tax cuts we enacted this past year are putting money back in the pockets of hard-working Connecticut families and individuals,” said Himes. “I encourage everyone who is eligible to take advantage of this year's new tax cuts.”
Governor Rell: FEMA Teams Headed to Flood-Struck Areas Starting Tuesday
April 5, 2010 - (RealEstateRama) -- Governor M. Jodi Rell today announced that damage assessment teams from the Federal Emergency Management Agency (FEMA) will be in the field beginning Tuesday to examine the aftermath of severe flooding – especially in southeastern Connecticut – that followed heavy rainstorms last week. Additional teams will fan out Wednesday.
Duff, Representative Barry Bring Foreclosure Tax Exemption Through Two Committees
March 26, 2010 - (RealEstateRama) -- The co-chairs of the General Assembly’s Banks Committee—state Senator Bob Duff (D-Norwalk) and Representative Ryan Barry (D-Manchester)—today praised action by the legislature’s Finance, Revenue & Bonding Committee yesterday that will restore an exemption to the state’s real estate conveyance tax on foreclosures by sale, short sales and transfers in lieu of foreclosure.
Make permanent the present rates of the municipal real estate conveyance tax
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 - (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 - (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 - (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 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...
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 - (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 - (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 - (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.