March 16, 2010 - (RealEstateRama) — Senator Judd Gregg (R-NH), ranking member of the Senate Budget Committee, today commented on the House Budget Committee’s 21-16 vote to report the shell reconciliation bill “without recommendation” to the House. The House Rules Committee is expected to substitute the Democrats’ reconciliation language that pertains to the Senate-passed health care bill before sending the reconciliation bill to the House floor for a final vote later this week. more »
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BEDFORD, N.H. - February 19, 2010 - (RealEstateRama) — In these tough economic times, home owners may find themselves struggling just to make ends meet. When finances are tight, it is the worst time for a home owner to discover the roof needs to be replaced or the furnace is on its last leg. more »
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BEDFORD, N.H. - February 17, 2010 - (RealEstateRama) — New Hampshire Housing Finance Authority recently named its 2009 top 10 participating lenders. Altogether, these lenders closed 80% of the loans extended to low- and moderate-income first-time home buyers through the Authority’s Single Family Mortgage Program. more »
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BEDFORD, N.H. - January 28, 2010 - (RealEstateRama) — At its recent meeting, New Hampshire Housing Finance Authority’s Board of Directors approved funding for two rental housing projects: Bow Highlands in Bow and Lochmere Meadows in Tilton. more »
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Washington, DC - January 22, 2010 - (RealEstateRama) — The U.S. Department of Housing and Urban Development yesterday awarded $275,000 to New Hampshire Legal Assistance to assist people who believe they have been victims of housing discrimination. more »
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BEDFORD, N.H. - December 28, 2009 - (RealEstateRama) — New Hampshire Housing Finance Authority has elected to participate in the U.S. Treasury’s New Issue Bond Program (NIBP). Announced in October 2009, the initiative is intended to provide housing finance agencies (HFAs) throughout the United States with the necessary support to allow these agencies to continue their work and provide very low-interest mortgage funds to strengthen the nation’s housing markets. more »
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Washington, DC - October 21, 2009 - (RealEstateRama) — Congressman Paul Hodes today wrote to House leadership in support of an extension of the first-time homebuyer tax credit. The $8,000 tax credit for individuals purchasing their first home is part of President Obama’s jobs and recovery plan, and is currently set to expire at the end of November 2009. more »
Posted in News || Laws & Taxes | 11 Comments »
Washington, DC - September 23, 2009 - (RealEstateRama) — In the Obama Administration’s continued effort to stimulate community development and job growth, U.S. Housing and Urban Development Secretary Shaun Donovan today awarded $2.6 million in New Hampshire through the American Recovery and Reinvestment Act of 2009 (Recovery Act). The State of New Hampshire is being awarded $2,462,647, and the City of Nashua is being awarded $198,273. This funding is part of $620 million awarded nationwide. more »
Posted in News || Grants, Housing & Development | No Comments »
WASHINGTON, DC - September 17, 2009 - (RealEstateRama) — U.S. Senators Judd Gregg and Jeanne Shaheen today announced that the Senate has approved $1 million for Squamscott Community Commons in Exeter. These funds will be used to help construct a new 80,000 square foot multi-tenant Community Center which will house a full-service YMCA, SeaCare Health Services, Exeter Center for Creative Arts, Great Bay Kids Company, and Rockingham Community Action. Funding for this project was included in the Fiscal Year 2010 Transportation, Housing and Urban Development appropriations bill, which now heads to a joint House/Senate conference committee before returning to each chamber for final passage. The funding is included within the Committee allocation set out for the Fiscal Year 2010 spending measures. more »
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Washington, DC - September 14, 2009 - (RealEstateRama) — Congressman Paul Hodes, a member of the House Financial Services Committee, released the following statement after President Obama’s speech on the need for financial regulatory reform. The President’s speech marks exactly one year from the collapse of Lehman Brothers. more »
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Bedford, NH - September 1, 2009 - (RealEstateRama) — At its recent meeting, New Hampshire Housing Finance Authority’s Board of Directors approved the reservation of federal program funds totaling $23 million for six development projects that will add 135 new affordable rental units to the state’s housing supply. These projects will receive federal Low Income Housing Tax Credits, Tax Credit Assistance Program (TCAP) funds or direct federal financing in lieu of tax credits, as well as HOME funds through the U.S. Department of Housing and Urban Development (HUD). more »
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Washington, DC - August 6, 2009 - (RealEstateRama) — U.S. Housing and Urban Development Secretary Shaun Donovan today announced more than $4 million has been awarded in New Hampshire to support community development and produce more affordable housing. HUD’s annual funding will also provide down payment assistance to first-time homebuyers; help individuals and families who might otherwise be living on the streets; and offer real housing solutions for individuals with HIV/AIDS. more »
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CONCORD, NH - July 30, 2009 - (RealEstateRama) — Gov. John Lynch today signed a consumer protection law (HB 610) that builds on the state’s ongoing efforts to better protect homeowners during the national mortgage crisis by ensuring mortgage originators are qualified, and have the proper education and training. more »
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Grant will also help rapidly re-house persons and families who fall into homelessness
WASHINGTON, DC - July 9, 2009 - (RealEstateRama) — U.S. Housing and Urban Development Secretary Shaun Donovan today awarded more than $5.3 million in New Hampshire to rapidly re-house families who fall into homelessness, or prevent them from becoming homeless in the first place (please see attached for a list of individual grant awards). The funding is provided through the American Recovery and Reinvestment Act of 2009 to help persons and families facing a sudden financial crisis due to the economic recession. more »
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Bedford, NH - June 10, 2009 - (RealEstateRama) – At its recent meeting, New Hampshire Housing Finance Authority’s Board of Directors approved financing for the Dalianis House in Nashua. more »
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