Albany, Douglasville, Perry, Porterdale and Rincon “Graduate” from Georgia Initiative for Community Housing Program

Local leaders from the cities of Albany, Douglasville, Perry, Porterdale and Rincon were recognized for their communities’ completion of the Georgia Initiative for Community Housing (GICH) program at the annual retreat held September 20-22 in Gainesville.

Westmoreland Votes to Terminate Expensive, Ineffective Federal Housing Program

Washington, DC - March 11, 2011 - (RealEstateRama) -- Today, Congressman Westmoreland joined a bipartisan group of his colleagues in the House to terminate the Federal Housing Authority Refinance Program Termination Act. In March 2010, without an act of Congress, the Obama administration announced the creation of the FHA Refinance Program to refinance underwater loans into the FHA using $8 billion in TARP funds. As of February 3, 2011 – almost one year into the program – only $50 million had been disbursed and only 44 loans have been refinanced.

House Republicans Act to End Costly, Ineffective Housing Programs

Washington, D.C. - March 11, 2011 - (RealEstateRama) -- House Republican Policy Committee Chairman Tom Price, M.D. (R-GA) issued the following statement after the House of Representatives voted this week to end two expensive and ineffective government foreclosure programs. The FHA Refinance Program Termination Act (H.R. 830) and the Emergency Mortgage Relief Program Termination Act (H.R. 836) would save taxpayer dollars while rolling back irresponsible government intervention in the housing market.

Amendment For the State’s Homeless Prevention & Rapid Re-Housing Program

Atlanta, GA - April 27, 2009 - (RealEstateRama) — The Georgia Department of Community Affairs (DCA) requests public comment on the State’s Substantial Amendment to its FFY 2008 Consolidated Plan to include provisions for a new Homelessness Prevention and Rapid Re-Housing Program (HPRP). The Consolidated Plan describes Georgia’s existing housing conditions and how the state, local, private and federal resources will be used to address the identified needs.


Mayor Kasim Reed Advances $380 Million in New Transportation Infrastructure Spending...

Mayor Kasim Reed announced today that the Atlanta City Council has voted 13 to 1 to approve a measure to put a special local option sales tax (TSPLOST) referendum on the November ballot to fund transportation related infrastructure projects throughout the City of Atlanta. The ballot referendum will ask Atlanta voters to authorize a 0.4 percent sales tax increase for a five-year period. The TSPLOST is projected to generate approximately $260 million, which will be leveraged to generate additional matching funds.