Yearly Archives: 2009

September 16, 2009 - (RealEstateRama) -- Governor M. Jodi Rell today announced that the state will receive more than $9.5 million in federal stimulus funds to distribute to 143 small cities and towns for a variety of energy efficiency projects as a result of the Governor’s block grant plan approved today by the U.S. Department of Energy

Originally Set for August 30th, the Three-Week Date Extension Allows for Additional Open Houses. New York, NY - August 31, 2009 - (RealEstateRama) -- The date for the Sheldon Good auction of 19 beautifully designed one- and two-bedroom, new, loft condominiums at Loft 881, situated in sought-after Fairfield County's Bridgeport, Connecticut, has been extended three weeks.

MERIDEN, CT - August 26, 2009 - (RealEstateRama) -- Congressman Chris Murphy (CT-5) came to Meriden to promote a new $8,000 tax credit for first time homebuyers that was included in the American Recovery and Reinvestment Act of 2009 (ARRA) to boost the housing market and the overall economy. Murphy was joined by Meriden area first time homebuyers, a local realtor, a People's United Bank representative and other elected officials to encourage Connecticut residents to take advantage of this new tax break before it expires on December 1, 2009

WASHINGTON, DC - August 26, 2009 - (RealEstateRama) -- Senator Joe Lieberman (ID-CT) today praised the release of $43,791,192 for upgrades and improvements to Connecticut's railroad infrastructure in New Haven and on the Danbury and Shoreline East Lines and $16 million for the development of affordable housing units across the state. The railroad grants will be used to build a new rail repair shop for the New Haven line, for an improved safety signal system on the Danbury Branch line, and for the expansion of the parking facilities at the Branford Railroad Station. These grants were released by the Department of Transportation as a part of the American Recovery and Reinvestment Act.

August 19, 2009 - (RealEstateRama) -- America is still struggling through a recession. An economic recovery, however, will not be possible if Congress does not focus on reviving housing. The housing industry makes up nearly 15 percent of the country’s gross domestic product (GDP) and when it is healthy, it provides much needed jobs and revenue for America.

August 18, 2009 - (RealEstateRama) -- Lack of state action on a state bond package is delaying millions of dollars statewide to municipalities, slowing local projects and threatening to cost property taxpayers hundreds of thousands of dollars, according to the Connecticut Conference of Municipalities (CCM), the statewide association of towns and cities.

WASHINGTON, DC - August 13, 2009 - (RealEstateRama) -- Senator Joe Lieberman (ID-CT) today praised the release of $25,724,201 to weatherize approximately 7,400 homes and re-weatherize an additional 100 homes throughout Connecticut. The Connecticut Department of Social Services administers the Weatherization Program, assisting low-income persons in minimizing energy-related costs and fuel usage in their residences. The funds were released by the Department of Energy as a part of the American Recovery and Reinvestment Act

August 7, 2009 - (RealEstateRama) -- Senate Banking, Housing, and Urban Affairs Committee Chairman Chris Dodd (D-CT) today introduced legislation to help towns and regions across the country plan and implement development projects that integrate their community’s needs for transportation, housing, land use, and economic development.

More Families Eligible for Governor’s Mortgage Assistance Programs. August 5, 2009 - (RealEstateRama) -- Governor M. Jodi Rell today announced that more Connecticut families facing foreclosure will be able to get the financial help they need to stay in their homes thanks to new legislation she has signed into law.

WASHINGTON, DC - August 3, 2009 - (RealEstateRama) -- Representative Joe Courtney announced today that he will host a "Housing Resource Expo" on Wednesday, August 5 from 4:00 PM – 7:00 PM at Connecticut College’s Crozier Williams Building located at 270 Mohegan Avenue in New London, to provide information for both first time homebuyers and responsible homeowners concerned about keeping up with their mortgages because of the economic downturn.

WASHINGTON, D.C. - July 22, 2009 - (RealEstateRama) -- Within months of Congressman Chris Murphy (CT-5) visiting Chamberlain Heights in Meriden to announce legislation to provide thousands of new affordable housing units for low income, disabled individuals across the country, today the House of Representatives passed the bill, 376-51.

July 10, 2009 - (RealEstateRama) — Governor M. Jodi Rell today announced she has signed three important bills that will help more Connecticut families who are struggling to pay their mortgages keep their homes, including a bill making the state’s foreclosure mediation process mandatory – rather than optional – for all foreclosures that began after July 1. The bills also set new standards for mortgage professionals, expand eligibility for state mortgage assistance programs and create the crime of residential mortgage fraud.

July 10, 2009 - (RealEstateRama) — Today Senate Banking Committee Chairman Chris Dodd (D-CT) and House Financial Services Chairman Barney Frank (D-MA) sent a letter to the heads of the bank regulatory agencies asking them to address whether banks are inflating the value of 2^nd mortgages on their balance sheets, thereby discouraging proactive efforts to modify and restructure mortgage loans and crippling programs designed to prevent foreclosures.

WASHINGTON, DC - July 10, 2009 - (RealEstateRama) — Senator Joe Lieberman (ID-CT) today praised the release of $16,960,432 to rapidly find housing...

WASHINGTON, D.C. - July 10, 2009 - (RealEstateRama) — Today, the Connecticut Congressional delegation announced that the Connecticut Housing Finance Authority (CHFA) will receive $34 million from the U.S. Treasury Department from the American Recovery and Reinvestment Act (ARRA) to spur the development of affordable housing across the state. In Connecticut, fewer houses are under construction, which means job losses in the building trades and related industries. And as more people are out of a job, affordable housing is in increasing demand.