Property, Rentals, Transactions
Justice Department Files Lawsuit Alleging Racial Discrimination at Ann Arbor, Michigan, Apartment Complex
March 3, 2010 Posted by USDOJ
WASHINGTON, DC - March 3, 2010 - (RealEstateRama) — The Justice Department today filed a lawsuit against the owner and property manager of a 48-unit apartment complex in Ann Arbor, Mich., alleging that the defendants discriminated on the basis of race or color in the rental of apartments, the Justice Department’s Civil Rights Division and the U.S. Attorney’s Office for the Eastern District of Michigan announced.
Greenest State of Michigan Facility to Activate Wind Turbine in Ribbon-Cutting Ceremony and Receive LEED Gold Certification Award
October 23, 2009 Posted by ProVisions
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.
Sen. Birkholz and Rep. Jones announce housing grant for Grand Ledge
August 7, 2009 Posted by CB-HB
LANSING, MI - August 7, 2009 - (RealEstateRama) –Sen. Patty Birkholz and Rep. Rick Jones today announced that the city of Grand Ledge will receive a state grant of $325,500 for a rental housing project. “Grand Ledge is a great community,” said Birkholz, R-Saugatuck Township. “I am pleased that the city will receive the grant money to increase housing options for local residents or people looking to move into the area.”
Prusi Legislation to Convey U.P. State Fairgrounds Property to Delta County Signed by Governor
July 10, 2009 Posted by Michigan RealEstateRama
LANSING, MI - July 10, 2009 - (RealEstateRama) — Senate Democratic Leader Mike Prusi (D-Ishpeming) today announced that Governor Jennifer Granholm has signed Senate Bill 596 into law as Public Act 72 of 2009. Prusi’s legislation will authorize the State Administrative Board to convey the U.P. State Fairgrounds property to Delta County for $1 provided the property is utilized for public use, allowing the U.P. State Fair to continue with local management. State funding for both the U.P. State Fair and the Michigan State Fair will not continue beyond the current state Fiscal Year ending September 30th.
Sen. Brown, colleagues: Historic Central Depot can rise again
May 26, 2009 Posted by Michigan RealEstateRama
LANSING, MI - May 26, 2009 - (RealEstateRama) — Sen. Cameron S. Brown, chair of the Senate Homeland Security and Emerging Technologies Committee, and five fellow Senate committee chairs are encouraging the rehabilitation - rather than the demolition - of Detroit’s historic Michigan Central Depot property.
Stabenow: New Law Will Help Families Save Their Homes
May 21, 2009 Posted by Michigan RealEstateRama
WASHINGTON, DC - May 20, 2009 - (RealEstateRama) — U.S. Senator Debbie Stabenow (D-MI) today praised President Obama for signing the Helping Families Save Their Homes Act of 2009 into law. The new law will makes it easier for homeowners and lenders to work together to prevent foreclosures. The legislation passed the Senate earlier this month.
Foreclosure bills will help residents who want to stay in their homes
May 20, 2009 Posted by Michigan RealEstateRama
May 20, 2009 - (RealEstateRama) — Long before the current national recession took hold, Michigan was dealing with a severe economic downturn. Still facing job losses and mounting debt in 2009, many state residents have been unable to continue making payments on their homes. As a result, Michigan has consistently had one of the highest foreclosure rates in the nation
Stabenow: New Law Will Hold Fraudulent Mortgage Lenders Accountable
May 20, 2009 Posted by Michigan RealEstateRama
WASHINGTON, DC - May 20, 2009 - (RealEstateRama) — U.S. Senator Debbie Stabenow (D-MI) today commended President Obama for signing the Fraud Enforcement and Recovery Act of 2009 into law. The new law will impose smart regulations on private mortgage brokers and lenders to prevent the same corporate frauds that helped lead to the collapse of our economy. It will also provide a blueprint to increase resources for law enforcement agencies, so they can effectively prosecute those responsible for engaging in fraudulent mortgage activity. The legislation passed the Senate in late April.“Holding irresponsible brokers and bankers accountable for their actions is a strong and clear signal to those who would contemplate risking our country’s financial future for personal gain,” said Stabenow.
2009 NAR Midyear Meetings: Moving the REALTOR Agenda forward in Washington D.C.
May 13, 2009 Posted by Michigan RealEstateRama
May 13, 2009 - (RealEstateRama) — The National Association of REALTORS (NAR) is holding their annual Midyear meetings this week in Washington D.C. The mid year meetings provide an opportunity for each state association the chance to meet with their legislators on Capitol Hill in Washington D.C. The MAR Federal Political Coordinators, along with over 130 REALTORS® members from around the state, are in Washington D.C. this week to meet with members of the Michigan delegation on industry-related issues.
House Passes Mortgage Reform to Fight Predatory Lending and Curb Foreclosures
May 12, 2009 Posted by Michigan RealEstateRama
Washington D.C. - May 12, 2009 - (RealEstateRama) —The U.S. House of Representatives today voted 300-114 in favor of H.R. 1728, the Mortgage Reform and Anti-Predatory Lending Act, bipartisan legislation aimed at protecting homebuyers from predatory lending that has led to the recent mortgage crisis across the country.
Senate Floor Statement on S. 896, Helping Families Save Their Homes Act of 2009
May 12, 2009 Posted by Michigan RealEstateRama
May 12, 2009 - (RealEstateRama) — The foreclosure situation in my state of Michigan continues to be dire. According to data released by real estate firm RealtyTrac, even though there are less foreclosure filings than this time last year, there were still over 11,000 Michigan foreclosure filings in January 2009 alone. That’s one foreclosure filing for every 397 households IN JUST ONE MONTH, which puts Michigan’s foreclosure rate at the seventh highest in the nation. Nationwide, foreclosure filings are up 18% compared to this time last year.
Stabenow: Housing Legislation will Help Keep Michigan Families in Their Homes
May 12, 2009 Posted by Michigan RealEstateRama
WASHINGTON, DC - May 12, 2009 - (RealEstateRama) — U.S. Senator Debbie Stabenow (D-MI) today praised the Senate’s bipartisan passage of the Helping Families Save Their Homes Act of 2009. The bill makes it easier for homeowners and lenders to work together to prevent foreclosures.“Families across our state continue to struggle every day to make their mortgage payment while trying to make ends meet,” said Stabenow. “This much-needed legislation will help homeowners already making great sacrifices to keep their part of the American dream.”
Sen. Kahns bill to clarify property tax assessment notices approved
May 12, 2009 Posted by Michigan RealEstateRama
LANSING, MI - May 12, 2009 - (RealEstateRama) — Legislation designed to help make property tax assessment notices easier to understand for homeowners was approved Wednesday by the Michigan Senate, said sponsor Sen. Roger Kahn, R-Saginaw Township.
Governor Granholm, MSHDA Announce Over $7.5 Million for 15 Michigan Entitlement Cities Two additional cities slated to receive funds for housing redevelopment, blight elimination.
April 30, 2009 Posted by Michigan RealEstateRama
LANSING, MI - April 30, 2009 - (RealEstateRama) — Governor Jennifer M. Granholm together with Michigan State Housing Development Authority (MSHDA) Executive Director Keith Molin today announced over $7.5 million in grants to be distributed to 15 cities across the state through the Neighborhood Stabilization Program (NSP). The grants are the first round of NSP funding in Michigan that could total as much as $22 million over the next six to nine months. This initial funding will support the redevelopment of 116 residential units and the demolition of 276 blighted units throughout the state.
Sen. Richardville to serve on foreclosure conference committee
April 27, 2009 Posted by Michigan RealEstateRama
LANSING, MI - April 27, 2009 - (RealEstateRama) — Sen. Randy Richardville has been appointed to serve on a joint Senate and House conference committee regarding legislation that would help Michigan homeowners who are facing foreclosure.
