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Mortgage Broker Pleads Guilty to Bank Fraud Related to Residential Loan Applications

PORTLAND, OR - February 9, 2010 - (RealEstateRama) -- Joel D. Surprenant, 43, of West Linn, Oregon, pled guilty today to the crime of bank fraud. Surprenant is scheduled to appear again before U.S. District Judge Robert E. Jones on May 12, 2010, for sentencing on these charges.

Merkley Applauds Creation of Office of Sustainable Housing and Communities

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.

Lee Moore Elected Housing Authority of Portland Board Chair

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.

State housing projects get funding boost

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.

Funds available for farmworker housing

Salem, OR - December 8, 2009 - (RealEstateRama) -- Oregon Housing and Community Services (OHCS) today announced a funding opportunity for farmworker housing.

pbb Deutsche Pfandbriefbank and Westdeutsche ImmobilienBank AG in a Club Deal structure completed the...

Munich/London/Mainz - November 27, 2009 - (RealEstateRama) -- pbb Deutsche Pfandbriefbank acting as Facility Agent and Westdeutsche ImmobilienBank AG (WestImmo) are pleased to announce that they have provided Arka Property Funds with a €48.5 million investment financing for Alfa Shopping Center in Olsztyn, Poland.

Portland Mortgage Company Owner Sentenced to 41 Months in Prison for Mortgage Fraud

PORTLAND, OR - November 24, 2009 - (RealEstateRama) -- Senior United States District Judge Robert E. Jones today sentenced Lee Howlett, 46, of Portland, to 41 months in prison, to be followed by three years of supervised release. Howlett pled guilty in February 2009 to a single count of conspiring to make false statements to financial institutions.

Senate Passes Legislation to Provide Housing for Homeless Veterans

Washington, DC - November 17, 2009 - (RealEstateRama) -- Today the Senate passed legislation that will increase funding for housing and supportive services for veterans.

Housing Works Offers Rental Assistance to 50 Mainstream Applicants

Redmond, OR - November 17, 2009 - (RealEstateRama) -- With the continuing unprecedented need for housing assistance in Central Oregon, Housing Works will begin processing the first fifty Mainstream Voucher applicants from the current waiting list.

Housing funding approval to generate millions in economic activity across Oregon

Salem, OR - November 13, 2009 - (RealEstateRama) -- Nearly $70.5 million in combined grants, loans and tax credits to contractors throughout the state will help fund 444 units of affordable housing, providing hundreds of lower-income Oregonians a place to call home.

Merkley Supports Efforts to Assist Homeless Veterans

Washington, DC - November 10, 2009 - (RealEstateRama) -- Oregon’s Senator Jeff Merkley signed on Tuesday as a co-sponsor of three bills to provide shelter and assistance to homeless veterans. The bills will authorize funding to expand housing and health services for low-income veterans.

Housing Works Announces New Property Management for Multi-million Dollar Housing Portfolio

Redmond, OR - October 28, 2009 - (RealEstateRama) -- Housing Works announced today that Guardian Real Estate Services (Guardian) of Portland, Oregon, has been selected to manage its multi-million dollar housing portfolio in Central Oregon.

Four Oregon organizations win housing counseling grants

PORTLAND, OR - October 14, 2009 - (RealEstateRama) -- Oregon families facing foreclosure, seeking affordable rental housing, or hoping to buy their first home will have a greater opportunity to find housing, or keep the homes they have, because of $191,424 in housing counseling grants announced today by the U.S. Department of Housing and Urban Development

State revokes mortgage broker license

Salem, OR - October 13, 2009 - (RealEstateRama) -- In its ongoing effort to protect consumers from mortgage lending fraud, the Oregon Department of Consumer and Business Services (DCBS) has revoked the license of Tigard-based Pacific Rim Mortgage, Inc. and issued a cease-and-desist order against its owner, Victoria Bigham.

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Oregon Man Pleads Guilty to Threatening Vietnamese Neighbors and Interfering with...

John Blayne Vangastel, 37, of Klamath Falls, Oregon, pleaded guilty today in the District of Oregon to one count of using threats of force to injure, intimidate and interfere with his neighbors in the enjoyment of their housing rights because they are a family of Vietnamese descent.

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New Coalition Formed to Advance Zero Energy Buildings in Oregon

A group of Oregon-based organizations is announcing the formation of a coalition to advance the rapid adoption of zero energy building standards in the state of Oregon. A zero energy home or commercial building generates as much energy as it consumes over the course of a year through renewable resources. The founding members of the Oregon Zero Energy Buildings Coalition are Earth Advantage, Climate Solutions, New Buildings Institute, NW Energy Coalition, International Living Future Institute, and the Zero Energy Project.