Archives

Washington, DC - May 28, 2012 - (RealEstateRama) -- Oregon’s Senator Jeff Merkley introduced the Rebuilding Equity Act, a bill that will lower costs for some homeowners seeking to refinance through the Home Affordable Refinance Program (HARP). Under this bill, if homeowners who are current on their mortgage seek to refinance into a 20-year loan term or shorter, Fannie Mae or Freddie Mac will cover the closing costs, a benefit averaging $3,000 per homeowner. In addition, families will benefit from substantially lower interest payments due to today’s record-low interest rates

PORTLAND, OR - February 7, 2012 - (RealEstateRama) -- Continued easing from the Federal Reserve is driving historically low interest rates for Portland OR real estate buyers says local REALTOR® David Somerville.

IRVINE, CA - August 15, 2011 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture and Planning, is pleased to announce that it is providing architectural design services for a new $29 million pedestrian-oriented 132-unit mixed-use senior housing community situated near downtown Portland, Oregon. Developed by the Foursquare Foundation, the city approved entitlements for the project in March 2011. The project is slated to commence construction in the spring of 2012 and be completed in approximately 18 months.

PORTLAND, OR - June 2, 2011 - (RealEstateRama) -- Oregon's Senator Jeff Merkley issued the following statement on news that home prices have fallen to their lowest level since the collapse of the housing market

WASHINGTON, DC - December 7, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced a commitment to insure a mortgage loan to the Coquille Valley Hospital District in Coquille, Oregon. The $22 million loan is made possible through the Federal Housing Administration’s (FHA) Section 242 Hospital Mortgage Insurance Program.

Eugene, OR - November 9, 2010 - (RealEstateRama) -- Oregon’s Senator Jeff Merkley helped celebrate the grand opening of the Donald L. Lamb Building, a mixed used complex with commercial space and 35 affordable housing units. The Donald L. Lamb Building is a St. Vincent de Paul affordable housing project that includes four units dedicated to helping homeless veterans find a home

Washington, D.C. - October 21, 2010 - (RealEstateRama) -- Continuing efforts to improve the quality of life for Oregon veterans, U.S. Senators Ron Wyden (D-Ore.) and Jeff Merkley (D-Ore.) announced that the State Veterans Home in The Dalles will receive a $1.9 million Federal grant to construct an addition to the facility. The veterans home currently operates without a common room that can accommodate all of the residents, and the federal grant will be put toward constructing a facility to accommodate large gatherings of residents and their family members.

Los Angeles, CA - October 7, 2010 - (RealEstateRama) -- CB Richard Ellis Group, Inc (CBRE) today announced that Oregon Health & Science University (OHSU), a leading academic health center and research institution, has renewed its agreement with CBRE to provide comprehensive real estate services for OHSU‟s Center for Health & Healing. The multi-year contract renewal encompasses facilities and project management services, and lease administration for the distinguished 400,000 sq. ft. facility connected to OHSU‟s hospitals, university, and research facilities in Portland, Oregon

PORTLAND, OR - September 14, 2010 - (RealEstateRama) -- The Housing Authority of Portland is holding four community meetings in preparation for submitting an application for federal HOPE VI funds to redevelop its Hillsdale Terrace public housing community in southwest Portland.

Salem, OR - June 1, 2010 - (RealEstateRama) -- Oregon Housing and Community Services (OHCS) submitted a proposal for review to U.S. Treasury today that outlines its plan for disbursing $88 million in foreclosure assistance funds

Salem, OR - April 20, 2010 - (RealEstateRama) -- Residents of communities across Oregon can share their perspectives on local barriers to fair housing at a series of forums in late April and early May.

Washington, D.C. - March 29, 2010 - (RealEstateRama) -- The U.S. Treasury Department announced Monday that Oregon will be eligible for $88 million to help families living in areas that have been hit hardest by the housing crisis to stay in their homes.

Portland, OR. - February 4, 2010 - (RealEstateRama) -- Oregon’s Senator Jeff Merkley joined HUD Secretary Shaun Donovan, Rep. Earl Blumenauer (D- Ore.) and Governor Ted Kulongoski via video today to announce the creation of the Office of Sustainable Housing and Communities within HUD.

PORTLAND, Ore. - January 25, 2010 - (RealEstateRama) -- Lee Moore has been elected chair of the Housing Authority of Portland’s (HAP’s) Board of Commissioners for 2010, and Brian Lessler and Amie Pico have been appointed to the nine-member citizen commission.

Salem, OR - December 15, 2009 - (RealEstateRama) -- The State Housing Council approved additional funding to housing developers throughout the state, boosting the number of affordable housing units statewide.