Lack of State Bond Package Slowing Local Projects, Could Cost Property Taxpayers, Warns CCM
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.
Lieberman Applauds Nearly $26 Million for Housing Weatherization in Connecticut
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
Dodd Announces Initiative to Coordinate Housing, Transportation, and Environmental Policies
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.
Governor Rell: New Laws Expand Mortgage Help For Connecticut Homeowners Facing Foreclosure
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.
Rep. Courtney To Host A “Housing Resource Expo” For Eastern Connecticut Homeowners
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.
House Passes Murphy’s Bipartisan Legislation to Provide More Supportive Housing for People with Disabilities
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.
Governor Rell Signs Trio of Bills to Help Connecticut Families Struggling with...
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.
Dodd, Frank Ask Regulators to Address 2nd Mortgages Valuation Problems that Discourage Loan Modifications
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 2nd mortgages on their balance sheets, thereby discouraging proactive efforts to modify and restructure mortgage loans and crippling programs designed to prevent foreclosures.
Lieberman Applauds Nearly $17 Million to Prevent Homelessness in Connecticut
WASHINGTON, DC - July 10, 2009 - (RealEstateRama) — Senator Joe Lieberman (ID-CT) today praised the release of $16,960,432 to rapidly find housing...
Connecticut Delegation Announces $34 Million in Recovery Funds for Affordable Housing in Connecticut
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.
Majority Leader Looney, Prague Hail Enactment of Law Creating State’s Nursing Home Bill of...
July 9, 2009 - (RealEstateRama) — State Senator Edith G. Prague (D-Columbia), Senate Chair of the legislature’s Select Committee on Aging, and Senate Majority Leader Martin M. Looney (D-New Haven) today welcomed final action on the bill that committee initiated to create a Nursing Home Bill of Rights for Connecticut. Senator Prague said Governor Rell’s signature indicates formal enactment into law
HUD Releases More Than $26 Million for Connecticut Projects
July 2, 2009 - (RealEstateRama) — Senator Chris Dodd (D-CT), the Chairman of the Senate Committee on Banking, Housing and Urban Affairs, praised the release of $26 million for affordable housing projects and programs throughout Connecticut. The funding, which was announced today by the Department of Housing and Urban Development, is made possible by the American Recovery and Reinvestment Act and will allow the Connecticut Housing Finance Authority to jumpstart affordable rental housing projects across the state while creating construction jobs.
Lieberman Applauds More Than $26 Million for Affordable Housing in Connecticut
WASHINGTON, DC - June 30, 2009 - (RealEstateRama) — Senator Joe Lieberman (ID-CT) today applauded the release of $26,170,888 for affordable housing projects and programs throughout Connecticut. The funds were released by the Department of Housing and Urban Development as a part of the American Recovery and Reinvestment Act.
Himes Supports Historic Legislation to Help America Lead the Energy Revolution
WASHINGTON, D.C. - June 29, 2009 - (RealEstateRama) — Congressman Jim Himes (CT-4) last week helped pass sweeping, bipartisan energy reform that will create jobs, strengthen national security, protect Connecticut consumers, and push back the tide of global warming. President Obama’s American Clean Energy and Security Act (ACES Act) passed the United States House Friday and includes a provision written by Congressman Himes to make energy-efficient housing more affordable
Governor Rell: $3.6 Million in Stimulus Funds To Help Communities Recover From Foreclosures
June 9, 2009 - (RealEstateRama) — Governor M. Jodi Rell today announced that her plan to distribute $3.6 million in federal stimulus block grants to help small cities and towns rebuild their neighborhoods hit hardest by the foreclosure crisis will be the subject of a public hearing Wednesday at the Legislative Office Building.