Yearly Archives: 2009

SUBSIDIZED RENTAL HOUSING VACANCIES AT 6.7 PERCENT

December 30, 2009 - (RealEstateRama) -- Statewide vacancies in subsidized, deed-restricted units rose to 6.7 percent during the third quarter, while vacancy rates in non-subsidized, market-rate units were slightly higher at 7.4 percent. According to a report released today by the Colorado Department of Local Affairs¿ Division of Housing, third quarter vacancies rose from the second quarter rate of 6.4 percent, and are up from a rate of 5.7 percent reported during the third quarter of last year.

GOV. RITTER & LAWMAKERS ANNOUNCE NEW PLAN TO PROTECT COLORADO NEIGHBORHOODS FROM ABANDONED HOMES

LAKEWOOD, CO - December 23, 2009 - (RealEstateRama) -- Gov. Bill Ritter and state lawmakers today announced a major step forward in tackling Colorado’s high foreclosure rate, unveiling legislation that will speed up the sale of abandoned homes and protect neighborhoods from vandalism and declining property values.

Gov. Ritter Announces Projects to Mend Colorado’s Tattered Safety Net

December 21, 2009 - (RealEstateRama) --Gov. Bill Ritter today joined the Colorado Coalition for the Homeless and dozens of community members to break ground on a 98-unit apartment building for the chronically homeless and low-income. Future tenants who are currently homeless will help construct the building in Denver’s Capitol Hill neighborhood.

MEDIA ADVISORY: GROUNDBREAKING CEREMONY – AFFORDABLE HOUSING

December 16, 2009 - (RealEstateRama) -- The Colorado Coalition for the Homeless and Renaissance Housing Development Corporation, its development subsidiary, is constructing a new, mixed income, supportive housing development at the northwest corner of Colfax Avenue and Pearl Street in the Uptown neighborhood to meet the varied housing needs of Denver. The site is a vacant 25,000 square foot parcel.

Udall, Bennet: Senate Approves Funding to Help Jefferson County Fight Meth Trade, Provide Housing...

Omnibus Appropriations Bill Now Headed to President’s Desk. December 15, 2009 - (RealEstateRama) -- Mark Udall and Michael Bennet, U.S. Senators for Colorado, today announced Senate approval of critical funding for Jefferson County to aid local efforts to fight methamphetamine use and provide housing for homeless veterans.

MARKEY ANNOUNCES HOMEBUYER TAX CREDIT EXTENSION

Washington, DC - December 9, 2009 - (RealEstateRama) -- Colorado homebuyers will be able to take advantage of the $8,000 homebuyer tax credit for an additional three months, Congresswoman Betsy Markey announced today

Congressman Salazar says banks "better start helping people keep their homes"

WASHINGTON, D.C. - December 3, 2009 - (RealEstateRama) -- Today Congressman John Salazar voiced strong support for the Obama Administration’s recent demand that lending institutions step up efforts to help those fighting off foreclosure through the government’s “Making Home Affordable” program. Specifically, Congressman Salazar expressed his anger over reports that the banks have been evasive and unhelpful to constituents in Colorado’s Third Congressional District.

Perlmutter Announces Extension of Home Buyer Tax Credit Today

Washington, DC - December 1, 2009 - (RealEstateRama) -- Beginning today, Colorado homebuyers will be able to take advantage of the $8,000 homebuyer tax credit for an additional three months, U.S. Rep. Ed Perlmutter (CO-07) announced

MARKEY INTRODUCES ENERGY TAX CREDIT

Bi-partisan measure will cut cost of renewable energy, create jobs. Washington, DC - November 23, 2009 - (RealEstateRama) -- Congresswoman Betsy Markey was today joined by Congressman Erik Paulsen (R-MN) in introducing the Renewable Electricity Integration Tax Credit Act (REITC), which will provide a tax credit for utilities to integrate more wind and solar into their energy portfolios.

MARKEY ANNOUNCES OVER $99M FOR PEETZ WIND FARM

Washington, DC - November 23, 2009 - (RealEstateRama) -- Congresswoman Betsy Markey today announced that nearly $100 million has been awarded to NextEra Energy Resources to expand the Northern Colorado Wind Energy farm in Peetz, Colorado. Funded through the American Recovery and Reinvestment Act in lieu of a production tax credit, the award will allow quicker job creation in the near term and investment in infrastructure that will provide long-term economic benefits.

Udall, Bennet: $100,000 in Recovery Act Funding For Mile High Youth Corps Will Support...

Partners Include Denver OED, Colorado DOL, SkillBuild Colorado, Namaste Solar, Homebuilders Institute and Red Rocks Community College. Washington, D.C. - November 19, 2009 - (RealEstateRama) -- Mark Udall and Michael Bennet, U.S. Senators for Colorado, today highlighted how nearly $100,000 in funding under the American Recovery and Reinvestment Act (ARRA) will expand Mile High Youth Corps' (MHYC) capacity to prepare young adults in Colorado for new jobs in clean energy, energy efficiency and natural resource restoration.

Bennet, Udall: Extending Unemployment Benefits and Homeowner Tax Credit Will Help Strengthen Colorado’s Economy

November 5, 2009 - (RealEstateRama) -- Following a push to ensure that the Senate's extension of unemployment benefits includes Coloradans, Michael Bennet and Mark Udall, U.S. Senators for Colorado, today announced Senate passage of the Worker, Homeownership, and Business Assistance Act of 2009. The legislation, which they cosponsored, would provide relief to jobless workers by extending unemployment insurance for the nearly 14,000 jobless Coloradans who will exhaust their benefits by year's end. It also extends the homebuyer tax credit and provides important tax relief for Colorado families and small businesses.

Govenor Ritter Announces New Way to Track Recovery Act Projects

October 16, 2009 - (RealEstateRama) -- Gov. Bill Ritter Jr. today announced the release of new reports that outline how funds from the American Recovery and Reinvestment Act are being used in every county across Colorado. The 64 reports can be found at here and are the first of several new sources of data that will be released in the next few weeks to help Coloradans track Recovery Act dollars.

Perlmutter Applauds More than $600,000 in Housing Counseling Grants for CO

Washington, DC - October 15, 2009 - (RealEstateRama) -- U.S. Rep. Ed Perlmutter (CO-07) applauded the $617,774 that will come to the state of Colorado for housing counseling and training grants as announced by the US Dept of Housing and Urban Development (HUD). Out of these grants, $98,258 will come to Aurora and Commerce City in the 7th Congressional District.

Bennet: Eagle to Receive $26,900 USDA Rural Development Grant to Preserve and Improve Housing...

Eagle Grant is part of $71,226 Awarded to Colorado Rural Communities. October 7, 2009 - (RealEstateRama) -- Michael Bennet, U.S. Senator for Colorado, announced today that local efforts to repair local housing units for elderly residents will get a $26,900 boost from the U.S. Department of Agriculture.

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Tipton: FHA Practices Pose Risk to Taxpayers

Today, Congressman Scott Tipton (R-CO) questioned Department of Housing and Urban Development (HUD) Secretary Julian Castro during a House Committee on Financial Services oversight hearing to examine the Federal Housing Administration’s (FHA) precarious financial state 1st Priority Roofing