Archives
Pamela Atkinson Homeless Trust Fund Launches “Text TO Donate” Campaign
SALT LAKE CITY, UT - March 17, 2011 - (RealEstateRama) -- For more than 20 years, the Pamela Atkinson Homeless Trust Fund tax...
HEAT Applicants to See Lower Benefit Payments
SALT LAKE CITY, UT - March 1, 2011 - (RealEstateRama) -- Due to federal budget cuts to the Low Income Home Energy Assistance Program (LIHEAP), Home Energy Assistance Target (HEAT) applicants will receive lower average payments beginning March 2, 2011.
Utah Housing Corporation Closes $74 Million in Bonds Assisting 515 Lower-Income Families
February 18, 2011 - (RealEstateRama) -- Utah Housing Corporation announced the closing of a $74 million bond sale completing the commitment of bond purchases to the US Department of Treasury under a special program under the 2008 Housing and Economic recovery Act (HERA). Utah Housing sold $44 million bonds to the US Department of Treasury along with $30 million to private investors seeking a return that is not subject to federal income taxes. The issuance provided 30-year fixed rate mortgage loans for over 500 low- to moderate-income families throughout the state of Utah to purchase their first homes. The average purchase price for each home was $142,800 which is about 65% of the current average Utah home sales price. Each home owner’s household income was approximately 73% of the Area Median Income (AMI) for their home's location.
Council of State Community Development Agencies Elects Gordon Walker as New President
WASHINGTON, DC - January 11, 2011 - (RealEstateRama) -- The Council of State Community Development Agencies (COSCDA) today announced that it has elected Gordon Walker as its new President. Walker, Director of the Utah Division of Housing and Community Development, will succeed Rick Ballard, Director, Office of Community Development, Michigan State Housing Development.Walker brings extensive management and public service experience to COSCDA, the premier national association advocating and enhancing the leadership role of states in community development through innovative policy development and implementation, customer-driven technical assistance, education, and collaborative efforts
Community Impact Board Approves Funding to the Wayne County Municipal Building Authority for Courthouse...
SALT LAKE CITY, UT - December 14, 2010 - (RealEstateRama) -- The Utah Permanent Community Impact Board (CIB) approved a finance package totaling $573,000 to the Wayne County Municipal Building Authority during a board meeting held on December 10.
New Tooele County Jail Approved for Recovery Zone Bond Financing
SALT LAKE CITY, UT - November 16, 2010 - (RealEstateRama) -- Tooele County has received approval from the Utah Division of Housing and Community Development’s Private Activity Bond Board for a $11.4 million allocation of Recovery Zone Bonds for use in building a new county jail.
Community Impact Board Approves $275,000 Grant to Wellington City for Drainage Improvements
SALT LAKE CITY, UT - November 9, 2010 - (RealEstateRama) -- The Utah Permanent Community Impact Board (CIB) approved a $275,000 grant to Wellington City during a board meeting held in Moab, Utah on November 4
Three of 10 Sentenced in Mortgage Fraud Investigation
November 2, 2010 - (RealEstateRama) -- Three of 10 defendants charged in a mortgage fraud case were sentenced yesterday in Boise by U.S. District Judge Edward J. Lodge, the U.S. Attorney's Office announced. Michael J. Hymas, 59, formerly of Boise, Idaho, was sentenced to 21 months in prison, three years of supervised release, 80 hours of community service, and $544,647 in restitution for wire fraud. Hymas pled guilty to the charge in March 2010. Shauntee K. Ferguson, 33, of Boise, Idaho, was sentenced to five years of supervised release, 80 hours of community service, and $365,829.69 in restitution for making a false atatement to a financial institution.
Utah Division of Housing and Community Development to Release 2010 Comprehensive Report on Homelessness
October 12, 2010 - (RealEstateRama) -- WHO: Gordon D. Walker, Director, Division of Housing and Community DevelopmentJonathan D. Hardy, Director, State Community Services Office
Indictment Unsealed Charging Midvale Man with Mortgage Fraud Scheme
SALT LAKE CITY, UT - September 2, 2010 - (RealEstateRama) -- A 10-count federal indictment unsealed Thursday charges Christopher D. Hales, age 29, of Midvale, with mail, wire, and bank fraud and with money laundering in connection with an alleged mortgage fraud scheme.