Yearly Archives: 2009

$2.7 Billion Released for Home Energy Assistance

Washington D.C.) - October 26, 2009 - (RealEstateRama) -- The Department of Health and Human Services announced the release of $2.7 billion in grant funding for the Low Income Home Energy Assistance Program (LIHEAP) . The funding, which is for the remaining months of the year, will be used to help eligible families pay the costs of heating and insulating their homes this winter

Greenest State of Michigan Facility to Activate Wind Turbine in Ribbon-Cutting Ceremony and Receive...

BAY CITY, MI - October 23, 2009 - (RealEstateRama) -- The Bay City Business Center, recognized by the U.S. Green Building Council as the first Leadership in Energy and Environmental Design (LEED) Gold-Certified State of Michigan facility, will be the site of a ribbon-cutting ceremony to introduce its newly constructed wind turbine. The Michigan Department of Environment Quality (DEQ); the Michigan Department of Energy, Labor & Economic Growth (DELEG); and ProVisions, LLC will host the ceremony at 11 a.m. Tuesday, October 27 at 401 Ketchum Street in Bay City. Free tours allowing the public to view the wind turbine will be offered from 11:30 a.m. to 1 p.m.


$8,000 Credit, Which Is Helping Home Sales Rebound, Is Set to Expire at the End of Next Month. Washington, D.C. - October 22, 2009 - (RealEstateRama) -- Congressman Gary Peters today urged House leadership to extend the first-time homebuyer tax credit, a measure enacted in February that saves new homebuyers thousands of dollars and has helped the U.S. housing market rebound in recent months. The credit is set to expire November 30th. Congressman Peters, along with a bipartisan group of colleagues, today sent a letter (text below) to House Speaker Nancy Pelosi and Minority Leader John Boehner expressing their desire to extend the credit’s deadline.

OFIR Announces Participation in Nationwide Mortgage Licensing System

LANSING, MI - October 21, 2009 - (RealEstateRama) -- The Office of Financial and Insurance Regulation today announced that, starting January 4, 2010, Michigan mortgage broker, lender, and servicer licensees and registrants will begin participation in the Nationwide Mortgage Licensing System (NMLS). The new electronic system was developed by the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators (AARMR).


WASHINGTON, DC - October 19, 2009 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) has committed to insure a $28,310,000 loan to Baraga County Memorial Hospital (BCMH) in L’Anse U.S. Congressman Bart Stupak announced Friday. The loan is being provided through the Federal Housing Administration’s Section 242 Hospital Mortgage Insurance Program and will be used to construct a new facility approximately 3 miles from the existing site.

Senate Democrats Unveil New Tools to Fight Foreclosure

Plan reins in consultant “rescue” scams and requires more transparency for homeowners. LANSING, MI - October 19, 2009 - (RealEstateRama) -- As new numbers reveal that home foreclosures continue to plague Michigan and the nation, Senate Democrats are preparing to unveil a new legislative package attacking “foreclosure consultant” scams and giving homeowners more transparency in the loan modification process. Despite efforts from both federal and state government agencies, the number of foreclosure filings nationwide hit a record high in the third quarter of 2009, according to a report issued yesterday.

Community Action Agency to Receive Grant for Housing Counseling Assistance Program

WASHINGTON, DC - October 15, 2009 - (RealEstateRama) -- Today Congressman Mark Schauer announced that the Community Action Agency has been awarded a U.S. Department of Housing & Urban Development (HUD) Housing Counseling Assistance Program grant. The grant is for comprehensive housing counseling ($42,724) and loan documentation review ($5,000) to support housing counseling activities in Jackson, Lenawee and Hillsdale counties

Michigan Insurers Tell Regulators to Enforce the Law- Not Ignore It

It's time for OFIR and Hollowell to uphold the law - Not Ignore it. Eliminating credit based insurance discounts would increase insurance costs for more than 70% of Michigan policyholders. Lansing, MI - October 9, 2009 - (RealEstateRama) -- The Commissioner of the Office of Financial and Insurance Regulation (OFIR) Ken Ross, and Automobile and Home Insurance Consumer Advocate Melvin Butch Hollowell both went before the Michigan Supreme Court today asking the Court to ban the use of credit-based insurance scores. Ross was in the courtroom while Hollowell was holding court outside the Hall of Justice at a press conference to influence the Judge's decisions.

Stupak Announces $127,430 for Housing Repair and Rehabilitation

WASHINGTON, DC - October 9, 2009 - (RealEstateRama) -- U.S. Congressman Bart Stupak (D-Menominee) announced four counties in Northern Michigan have received grants totaling $127,430 to repair and rehabilitate low income housing. The grants were awarded by the U.S. Department of Agriculture as part of the Housing Preservation Grant (HPG) program. Cheboygan, Ogemaw, Emmett and Presque Isle Counties received grants

Schauer votes to extend homebuyer incentives and provide more stable health care funding for...

WASHINGTON, DC - October 9, 2009 - (RealEstateRama) -- Congressman Mark Schauer voted to pass two key measures for our American veterans. The Service Members Home Ownership Tax Act (H.R. 3590), which passed with bipartisan support today, will extend the deadline for taking advantage of the first-time homebuyer tax credit under the American Recovery and Reinvestment Act for qualified service members by one year.

Michigan Automobile and Home Insurance Consumer Advocate Urges Michigan Supreme Court to Ban Use...

October 7, 2009 - (RealEstateRama) -- Michigan's Automobile and Home Insurance Consumer Advocate Melvin Butch Hollowell today urged the Michigan Supreme Court to affirm the state's right to prohibit auto insurance companies from using occupation, education, and credit scores in setting auto insurance rates.

DELEG Warns Consumers of Furnace Cleaning Scams Offers Do’s and Don’ts of Winterizing Your...

October 2, 2009 - (RealEstateRama) -- This is the time of year to get your furnace cleaned and ready for winter. Michigan Department of Energy, Labor & Economic Growth (DELEG) Director Stanley "Skip" Pruss offers some sensible tips so you do not get taken to the cleaners


LANSING, Michigan - September 30, 2009 - (RealEstateRama) -- State Senator Martha G. Scott (D-Highland Park), along with the Office of Financial & Insurance Regulation (OFIR), is offering three free financial workshops in October where consumers can learn about auto and home insurance, mortgage and consumer finance, and investor protection

Eastpointe Wins Energy Efficiency Grant

$500,000 will allow Housing Commission to renovate senior center. Washington D.C. - September 25, 2009 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development announced that the Eastpointe Housing Commission will receive a $492,000 Recovery Act grant to improve energy efficiency at Berry Manor, an apartment complex for low-income seniors administered by the Commission.“This Recovery Act funding will not only give Eastpointe the resources they need to jump start renovation at Berry Manor, it will also reduce long-term energy costs and stimulate the local economy," said Rep. Levin

Sens. Levin, Stabenow Announce $777,000 in Public Housing Grants for the Upper Peninsula

Funds Made Available Through the American Recovery and Reinvestment Act. WASHINGTON, DC - September 25, 2009 - (RealEstateRama) -- U.S. Sens. Carl Levin and Debbie Stabenow, both D-Mich., today announced three recovery grants designed to improve public housing for seniors and disabled individuals in three communities in the Upper Peninsula. The funds, allocated by the U.S. Department of Housing and Urban Development, were made available by the American Recovery and Reinvestment Act. Facilities in Ironwood, Laurium and Sault Sainte Marie will receive the grants.


New shorelands program helps waterfront homeowners improve shorelines, inland lakes

The Michigan Natural Shoreline Partnership recently launched a program to help lakefront homeowners understand best practices to protect their shoreland and inland lakes. The Michigan Shoreland Stewards Program will recognize inland lake property owners who are using healthy property management practices to protect their inland lake and offer tips to improve the shoreline further.


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