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WASHINGTON, DC - November 6, 2009 - (RealEstateRama) -- Congressman Chris Murphy (CT-5) voted for the Emergency Unemployment Compensation Extension Act to provide Connecticut families hit hardest by the recession a 14 week extension of unemployment benefits. And to strengthen Connecticut's housing market, the bill includes an extension of the first-time homebuyer tax credit through next spring, expands eligibility for the homebuyer credit, and provides housing tax relief for Connecticut's military families. This legislation will not add to the deficit, and President Obama is expected to sign it quickly.

October 20, 2009 - (RealEstateRama) -- Today, Senator Chris Dodd invited Diane Randall, Executive Director of the Hartford-based Partnership for Strong Communities, to testify on housing challenges facing Connecticut residents at a Senate Banking Committee hearing on the State of the Nation’s Housing Market.

Insists Extraordinary Assistance Cannot Continue, Calls for Extension of GSE and FHA Loan Limits. October 8, 2009 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Chris Dodd (D-CT) held an oversight hearing to probe the role that Government-Sponsored Enterprises should play to ensure the future strength of the American housing market.

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

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.