Yearly Archives: 2009

NEW CASTLE, DE - December 16, 2009 - (RealEstateRama) --Gov. Jack Markell, New Castle County Executive Chris Coons and other government and non-profit leaders to announce the county’s Neighborhood Stabilization Program will use a state grant to purchase and rehabilitate foreclosed and abandoned homes

December 9, 2009 - (RealEstateRama) -- Good afternoon, everyone. I am honored to call to order this hearing of the Senate Committee on the Judiciary. And I thank Chairman Leahy for permitting me to chair this hearing

December 7, 2009 - (RealEstateRama) -- Eight Delaware emergency and transitional shelters for the homeless received a financial boost from the Delaware State Housing Authority (DSHA) to continue to bring needed services to the homeless in lower Delaware. A total of $100,233 in federal funds was awarded to homeless providers through a competitive application process in which DSHA has participated for twenty-one consecutive years.

November 17, 2009 - (RealEstateRama) -- As Delaware beach-area property owners take stock of damage from last week’s coastal storm, the Department of Natural Resources and Environmental Control staff stands ready to assist owners and contractors who are planning repairs or rebuilding efforts. DNREC will work directly with property owners and make every effort to expedite any permits and approvals needed.

September 1, 2009 - (RealEstateRama) -- overnor Jack Markell, Senator Tom Carper and Delaware State Housing Authority (DSHA) Director Anas Ben Addi today announced that Hollybrook Farms, LP has received just over $4.3 million in funding through American Recovery and Reinvestment Act of 2009, better known as ARRA, to renovate units at the housing community located in Laurel. Specifically, the funding was made available through ARRA’s Tax Credit Exchange Provisions (TCEP). This funding will save the property from foreclosure and preserve 124 units of affordable housing, in addition to the federal annual subsidy of $649,000. The project will also help boost the economy and provide nearly 200 jobs during construction

Charleston, WV - August 24, 2009 - (RealEstateRama) -- Congresswoman Shelley Moore Capito (WV-02) marked the 20th Anniversary of the Affordable Housing Program (AHP) today with strong words of support for the program and recognized 16 West Virginia banks for helping to bring more than $10 million in housing assistance to the state

Dover, DE - August 24, 2009 - (RealEstateRama) -- U.S. Sen. Thomas R. Carper (D-DE) and Congressman Michael N. Castle (R-DE) marked the 20th Anniversary of the Affordable Housing Program (AHP) today with strong words of support for the program and recognized eleven First State banks for helping to bring $15 million in housing assistance to Delaware

Wilmington, DE - August 14, 2009 - (RealEstateRama) -- The Attorney General’s Mortgage Fraud Task Force is supporting two August workshops sponsored by Delaware non-profit housing agencies. These workshops, in Georgetown and Newark, are designed to help homeowners who are worried about missing a mortgage payment, are facing foreclosure, or suspect a foreclosure scam. The FREE workshops are as follows

August 13, 2009 - (RealEstateRama) -- The Office of Finance is pleased to announce second quarter 2009 combined operating highlights for the Federal Home Loan Banks. These highlights have been prepared from unaudited financial information of each FHLBank. Current financial reports and other SEC filings for individual FHLBanks can be obtained by searching the EDGAR database

Successful Housing Programs Utilized by Delaware Highlighted in Congre. Washington, DC - July 16, 2009 - (RealEstateRama) -- Today, Rep. Castle, a senior member on the U.S. House Financial Services Committee, introduced Joe Myer, of Dover, Delaware, before the Financial Services Committee to discuss “Legislative Options for Preserving Federally- and State-Assisted Affordable Housing and Preventing Displacement of Low-Income, Elderly and Disabled Tenants.” At the hearing, Mr. Myer focused primarily on the USDA's Rural Rental Housing, a program which has benefitted Kent and Sussex counties.

Wilmington, DE - July 8, 2009 - (RealEstateRama) — Today the Attorney General’s Mortgage Fraud Task Force, Office of the State Bank Commissioner, and Delaware State Housing Authority announced that statewide housing workshops offered last month connected more than 200 homeowners with on-site mortgage counseling and government services. They also announced additional housing workshops in July and beyond.

DOVER, DE - June 24, 2009 - (RealEstateRama) — Governor Jack Markell signed legislation Wednesday that will end the practice of manufactured housing community owners requiring lump sum rental payments.

WASHINGTON, DC - June 24, 2009 - (RealEstateRama) — As part of ongoing efforts to stabilize the housing market and ensure banks and loan servicers are being held accountable, Sen. Tom Carper (D-Del.) joined 19 other senators in signing a letter sent to U.S. Treasury Secretary Timothy Geithner today urging him to develop and implement a strategy requiring banks and loan servicers participating in the Administration’s foreclosure prevention programs to effectively respond to qualified homeowners seeking assistance

June 22, 2009 - (RealEstateRama) — The Delaware State Housing Authority (DSHA) today announced that 15 communities and scattered sites will receive funds from the state’s Community Development Block Grant Program (CDBG) and HOME Investment Partnerships Program (HOME). More than $2 million in funding will be divided amongst the municipalities of Kent and Sussex Counties for housing rehabilitation, water/sewer hookups, and administration.

DOVER, DE - June 17, 2009 - (RealEstateRama) — Gov. Jack Markell today signed a proclamation officially declaring June as “Delaware Homeownership Month”. To help celebrate the First State’s ongoing commitment to homeownership, Governor Markell also announced the Foreclosure Mitigation Initiative – formed through a partnership among federal and state governments, local jurisdictions, legislators, financial institutions, housing counselors, and other for-profit and nonprofit organizations. The Initiative consists of three basic ideas