Michigan State Government and Public Real Estate News

LANSING – April 17, 2014 – (RealEstateRama) — Attorney General Bill Schuette today announced that his Criminal Division has charged R.O. Savage Funeral Chapel, and its owner Richard Weishuhn, 68, of Standish with multiple felony embezzlement charges for allegedly embezzling money from his customers’ prepaid funerals. more »

WASHINGTON, D.C. – April 10, 2014 – (RealEstateRama) — U.S. Representative Candice Miller (MI-10) issued the following statement on the Michigan Strategic Fund’s $100,000 grant to Landmark Port Huron, LLC for the renovation of the Cavis building located at Huron and Michigan Avenues: more »

WASHINGTON, D.C. – April 4, 2014 – (RealEstateRama) — U.S. Senator Debbie Stabenow, a senior member of the Senate Finance Committee, today praised Committee passage of her Mortgage Forgiveness Tax Relief Act, bipartisan legislation that protects underwater homeowners from being hit with huge, unfair tax bills by the IRS. Her provision, included in legislation to extend expiring tax provisions (the EXPIRE Act), ensures that homeowners who owe more on their mortgages than their homes are now worth would not be hit with additional income tax if a portion of their mortgage is forgiven as part of an agreement with their lender. Without Sen. Stabenow’s legislation, homeowners – for the first time since housing crisis began – would be required to pay taxes on this phantom income when they refinance or sell their homes in what are commonly called short sales. more »

Bipartisan laws supported by local governments, schools and businesses

GRAND RAPIDS, – April 2, 2014 – (RealEstateRama) — Lt. Gov. Brian Calley today signed the remaining eight bills of a bipartisan package of legislation that provides more stable local government revenue for essential services, including police and fire protection, as the obsolete, job-killing personal property tax is phased out. more »

WASHINGTON, D.C. – April 2, 2014 – (RealEstateRama) — The Michigan State Housing Development Authority (MSHDA) has announced an exciting new loan program for repeat homebuyers. MSHDA’s MI Next Home has been created to make down payment assistance available to repeat buyers. The program was designed specifically for those applicants who may not qualify for MSHDA’s existing MI First Home program due to their previous homeownership status. more »

DETROIT – March 31, 2014 – (RealEstateRama) — Yesterday afternoon, the U.S. Environmental Protection Agency (EPA) announced that $1,000,000 in Great Lakes Restoration Initiative Shoreline Cities grant funding would be provided to the Detroit Water and Sewerage Department’s Near East Side Drainage District for two green infrastructure projects to ensure clean water in the region by preventing stormwater from contaminating the Great Lakes. In particular, a portion of the EPA grant would fund a program to convert vacant publicly owned lots in Detroit’s Lower Eastside into green space; the remainder of the EPA grant will be allocated towards the installation of green infrastructure at Detroit’s Recovery Park. more »

Bipartisan package of bills backed by local government leaders, businesses

LANSING, Mich. – March 31, 2014 – (RealEstateRama) — Gov. Rick Snyder on Friday signed the first of a series of bipartisan bills that will provide more stable local government revenue for essential services including police and fire protection as the obsolete, job-killing personal property tax is phased out. more »

DETROIT – March 28, 2014 – (RealEstateRama) — The U.S. Environmental Protection Agency today announced the award of two Great Lakes Restoration Initiative grants totaling $1.25 million to fund green infrastructure projects in Southeast Michigan to improve water quality in the Great Lakes. EPA Region 5 Administrator / Great Lakes National Program Manager Susan Hedman was joined at the Southeast Michigan Council of Governments Offices by Detroit Water & Sewerage Director Sue McCormick, St. Clair Shores Mayor Kip Walby, John Erb, President of the Erb Family Foundation, and Kathleen Lomako, Executive Director of the Southeast Michigan Council of Governments. more »

LANSING – March 27, 2014 – (RealEstateRama) — Michigan Attorney General Bill Schuette has issued a formal Attorney General Opinion stating that the fees listed in the Building Officials and Inspectors Registration Act usually applicable to building officials, plan reviewers, and inspectors, should be waived for honorably discharged veterans. more »

—Lawmaker Writes EPA Regarding New Rules on Wood Burning Stoves—

WASHINGTON, DC: – March 20, 2014 – (RealEstateRama) — Dr. Dan Benishek (MI-01) today urged the Environmental Protection Agency (EPA) to not increase home heating costs for Michigan families by enacting new regulations on wood burning stoves.

“Families in Northern Michigan are tired of seeing their utility bills go up because of Washington regulations. In this tough economy, a lot of people are struggling and the last thing they need is for the EPA to slap new rules on our wood burning stoves. During this very cold winter, we’ve already seen a spike in propane prices and home heating bills—and new regulations on stoves will make things even worse. I’m hoping the EPA will use some common sense on these proposed new rules, rather than a one-size-fits-all Washington approach,” said Dr. Benishek, a general surgeon and lifelong resident of Northern Michigan. more »

Washington – March 13, 2014 – (RealEstateRama) –Following the U.S. Senate Banking Committee announcement to review a bipartisan plan to overhaul the housing industry, U.S. Representative Gary Peters released the following statement:

“Affordable home ownership is a cornerstone of the American Dream, and Michigan middle class families, and those aspiring to get there, need to have confidence that the housing market is stable and that taxpayers are no longer on the hook for big bailouts. Today, Republicans and Democrats in Congress signaled that they are willing to work together to ensure that buying a home remains an attainable goal for American families. We must work together to reform the housing industry in a manner that strengthens our housing market recovery and preserves the availability of affordable 30-year-fixed mortgages for middle class families.” more »

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 »

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 »

 
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