Yearly Archives: 2007

McLean, VA – Freddie Mac (NYSE: FRE), NewAlliance Bank and Mutual Housing Association of Southwestern Connecticut are pleased to announce that they are working together to offer informative workshops that demystify the homeownership process for families in the Southwestern Connecticut.

GREENWICH, Conn., Dec. 4 /PRNewswire/ -- Antares Investment Partners, a leading real estate development and private equity firm, will end 2007 with commercial occupancy levels rising to 80% for its 1.45 million square feet of commercial holdings in the Stamford/Greenwich area.

BOSTON, Nov. 29 /PRNewswire/ -- The Federal Home Loan Bank of Boston (the Bank) awarded $745,000 in grants to fund 57 units of affordable housing in Bridgeport, Meriden, and New London. In all, 25 New England initiatives received more than $16 million in grants, loans, and rate subsidies as part of the Bank's Affordable Housing Program (AHP) to create or preserve 674 rental and ownership units for very low-, low-, and moderate-income individuals and families.

NORWICH, Conn., Nov. 26 /PRNewswire-USNewswire/ -- There is promising news today for distressed homeowners in the Norwich-Enfield area. The National Association of Consumer Bankruptcy Attorneys (NACBA) is estimating that Congressman Joe Courtney can give 603 homeowners in his Congressional District a fighting chance to save their homes from foreclosure during the current mortgage crisis.

Governor M. Jodi Rell today announced “CT FAMLIES” -- a new $50 million refinancing program to address the subprime mortgage crisis in Connecticut. There are approximately 71,000 active sub-prime mortgages in Connecticut and many are delinquent and in danger of default. Approximately 21,000 of these adjustable rate (sub-prime) mortgages are scheduled to reset at much higher rates between October 2007 and December 2009.

Gov. M. Jodi Rell on Thursday announced the state is throwing a $50 million lifeline to subprime borrowers in danger of losing their homes. Rell said the Connecticut Housing Finance Authority will create the $50 million CT Families fund to refinance subprime loans for those who qualify. The money comes from previously issued bonds.

MILFORD, Conn., Nov. 6 /PRNewswire/ -- Environmental Data Resources, Inc. today announced significant enhancements to its online environmental records search tool, EDR OnDemand, including interactive maps, links to aerial photographs, and electronic folders to support the ongoing monitoring of the environmental status of a property or company.

WASHINGTON, DC - Thousands of additional senior citizens and people with disabilities will soon be able to find affordable housing, thanks to more than $633 million in housing assistance announced today by the U.S. Department of Housing and Urban Development. HUD Secretary Alphonso Jackson today joined Congresswoman Nancy Johnson (CT-5) to make the announcement in New Britain, Connecticut

BLOOMFIELD HILLS, Mich., Nov. 1 /PRNewswire-FirstCall/ -- The 2007 shopping season is shaping up to be extra special at Stamford Connecticut's Stamford Town Center. The downtown center's new pedestrian-friendly outdoor plaza debuts November 1 along Tresser Boulevard and Greyrock Place.

STAMFORD, CT – Prudential Realtor® Sharon Giglio, MBA was named July Broker of the Month for her work selling 5 homes in The Classic Condominium, the premier luxury condominium in the heart of downtown Stamford.

Governor M. Jodi Rell today announced she has received an update from her Sub-Prime Mortgage Task Force, which was formed to help Connecticuthomeowners affected by the slump in the credit market.

BOSTON - The U.S. Environmental Protection Agency and the U.S. Department of Housing and Urban Development today announced that a Connecticut property management company and several affiliated New Haven owners have agreed to pay a $32,000 fine for failing to inform tenants their apartments may contain lead-based paint. In addition, the landlords agreed to render those units lead safe at a cost of more than $400,000.

MILFORD, Conn., Sept. 25 /PRNewswire/ -- Results from a recent Environmental Data Resources Inc. (EDR) poll of environmental professionals and commercial property mortgage lenders indicate that the subprime lending crisis that shook residential housing markets this year has sparked fear in the commercial real estate market, creating a market slowdown and higher credit costs.

NEWINGTON, Connecticut, September 14 /PRNewswire/ -- Schuco International KG, German parent company of Schuco USA L.P., and German energy giant E.ON AG are jointly investing $135 million to develop new photovoltaic (PV) modules based on thin-film technology for metal and glass facades. Production begins in mid 2008. The modules will be produced in Germany using technology supplied by Applied Materials, Inc., global market leader in nanomanufacturing. "We want to go on improving the cost-benefit ratio of integrating PV modules in building facades, and to make photovoltaic modules a standard feature in building envelopes", declares Dirk U. Hindrichs, CEO of Schuco International.

NEWINGTON, Connecticut, September 13 /PRNewswire/ -- Schuco USA L.P., American supplier of solar power systems, markets building-integrated photovoltaic modules "Made in Germany ". Schuco's extremely efficient glass-glass modules are available in sizes up to 6.56' x 9.84' and come in all colors. These modules can be seen for the first time in the US at Solar Power 2007 in Long Beach (Stand 414).