WASHINGTON, D.C. – March 4, 2014 – (RealEstateRama) — U.S. Senators Debbie Stabenow and Carl Levin today announced support for Southwest Solutions in Detroit and Lighthouse of Oakland County. Southwest Solutions provides affordable housing and support services to the mentally ill and homeless in Detroit. Lighthouse of Oakland County provides emergency food and housing to low-income families. Both organizations received grants through NeighborWorks America, a non-profit organization that supports local efforts to revitalize and sustain communities by promoting and preserving affordable housing. more »
Michigan State Government and Public Real Estate News
WASHINGTON, D.C. – March 4, 2014 – (RealEstateRama) — Under the strong leadership and vision of MAR’s Immediate Past President, Bill Milliken, and the MAR Cross-Border Task Force, REALTORS® in both Michigan and Ontario have spearheaded an effort to develop an informational dialogue for the promotion of the real estate industries in both Michigan and Ontario. Through the development of companion education pieces, REALTORS® and Consumers in Michigan and Ontario can now get an introduction to the issues involved in real estate across borders. more »
MI Next Home campaign launches tohelp repeat homebuyers get up to $7,500 in down payment assistance
Grand Rapids, Mich. – February 26, 2014 – (RealEstateRama) — More than 1 million Michigan homeowners could qualify for down payment assistance of up to $7,500 toward the purchase of a new or existing home through a new program launched by the Michigan State Housing Development Authority (MSHDA). more »
State departments ready to offer assistance, information
LANSING, Mich. – February 21, 2014 – (RealEstateRama) — Gov. Rick Snyder today urged residents across Michigan to prepare for the possibility of a variety of severe weather conditions. He also instructed state agencies to proactively make weather-related information and safety tips available as they continue monitoring the situation. more »
LANSING, Mich. – February 20, 2014 – (RealEstateRama) — Gov. Rick Snyder today urged residents across Michigan to prepare for the possibility of a variety of severe weather conditions. He also instructed state agencies to proactively make weather-related information and safety tips available as they continue monitoring the situation. more »
LANSING, Mich. – February 14, 2014 – (RealEstateRama) — Registration has kicked off for the 2014 National Main Streets Conference, the premier historic preservation and downtown revitalization event in the country, coming to Detroit’s GM Renaissance Center from May 18-20. more »
WASHINGTON, D.C. – February 13, 2014 – (RealEstateRama) — Still need health insurance to meet the individual mandate requirements of the Affordable Care Act? You should be aware of other vital deadlines set up by health insurance carriers. There are many key dates that make a difference to when your coverage starts, when you are eligible and other tax implications since enrollment for health insurance can be complicated. more »
WASHINGTON, D.C. – February 6, 2014 – (RealEstateRama) — Today, Governor Snyder shared his 2015 executive budget proposal in front of legislators from both the House and Senate. In his plan, he recommends expanding the Homestead Property Tax credit as a way to provide roughly $102 million in tax relief to an estimated 1.3 million Michigan taxpayers. more »
LANSING, Mich. – February 4, 2014 – (RealEstateRama) — Michigan State Housing Development Authority Executive Director Scott Woosley today announced that a 2013 year-end housing report is proof positive that the state economy is headed in the right direction.
The report, released last week by the Authority’s Homeownership division, showed that MSHDA issued 40 percent more mortgage loans in 2013 over the previous year and had a nearly 70 percent increase in the total dollar amount of single-family loans. more »
WASHINGTON, D.C. – February 4, 2014 – (RealEstateRama) — The February 10th, 2014 deadline for a new and potentially money-saving exemption from the Michigan Personal Property Tax is fast approaching.
As you may recall, in 2012 the MAR strongly supported the passage of a new small business exemption that likely benefits many Michigan REALTORS® in their day-to-day business. more »
WASHINGTON, D.C. – February 3, 2014 – (RealEstateRama) — The Michigan Association of REALTORS® would like to thank all of the local associations who made the final push for RPAC investors at the end of 2013. With a state RPAC goal of $500,000, REALTOR® members met and exceeded it with a final total of $631,385! In addition, 29 local associations met and/or exceeded their local RPAC goal! In the end, state RPAC contributions were at 126% of state goal! Local Associations were honored on January 23rd at the Annual RPAC Appreciation Luncheon during the Achieve Conference at the Henry in Dearborn. more »
WASHINGTON, D.C. – January 30, 2014 – (RealEstateRama) — U.S. Sens. Debbie Stabenow and Carl Levin of Michigan wrote today to President Obama urging action to respond to a propane gas shortage in the Midwest that has affected thousands of Michigan homes and businesses.
Noting that propane prices have more than doubled for some consumers, Stabenow and Levin urged the president to direct his administration to ensure that rising prices are not due to excessive speculation; to extend an emergency declaration that facilitates transportation of propane; to limit exports that may exacerbate U.S. shortages; and to ensure that federal assistance is available to help low-income and senior households with energy bills. more »
Proposed income tax rollback has little effect on middle class families
WASHINGTON, D.C. – January 30, 2014 – (RealEstateRama) — Senate Democrats chided a Republican proposal for a small scale income tax rollback that passed out of committee today as nothing more than a political stunt in an election year. Democrats note that Republican tax changes such as the Pension Tax and reduction of the Homestead Property Tax Credit have a much higher negative impact on taxpayers. The minor income tax change introduced by Republicans equates to 35 cents per day for the average Michigan family. more »
LANSING, Mich. – January 27, 2014 – (RealEstateRama) — Gov. Rick Snyder today announced the appointment of Robin Wybenga, of Traverse City, to the Michigan Board of Real Estate Appraisers.
Created in 1991 and housed within the Michigan Department of Licensing and Regulatory Affairs, the nine-member board licenses and regulates the service of more than 6,000 real estate appraisers. more »
Downtown Owosso and Detroit Bank Among Nominees
LANSING, Mich. – January 24, 2014 – (RealEstateRama) — The State Historic Preservation Review Board today announced the nomination of five sites to the National Register of Historic Places – the nation’s list of historic sites worthy of preservation. Michigan is home to more than 1,600 sites. more »