Yearly Archives: 2009

JEFFERSON CITY, MO - December 29, 2009 - (RealEstateRama) -- A little more than six months after being signed into law, legislation developed by State Treasurer Clint Zweifel will allow him to return more on investments he manages for Missouri taxpayers beginning January 1. The legislation, Invest in Missouri, received the unanimous support of the Senate and the House and was signed by Gov. Nixon on June 29.

Kansas City, MO - December 29, 2009 - (RealEstateRama) -- Even in the face of a challenging economic environment, Missouri Housing Development Commission (MHDC) continues to provide quality affordable housing to the low- and moderate-income residents of Missouri. In addition, due to innovative programs and partnerships, MHDC has been able to continue its lending programs for first-time homebuyers with mortgage revenue bond financings and a commitment to homebuyers for assistance with down payment and closing costs.

December 29, 2009 - (RealEstateRama) -- Missouri Housing Development Commission (MHDC) will hold public hearings at four different locations in January to discuss 122 affordable housing development proposals submitted by developers. Developers applied for these funds in response to the 2010 Notification of Funding Availability (NOFA) issued in June 2009. Hearings are planned for Kansas City, Springfield, St. Charles and Columbia.

ST. LOUIS, MO - December 24, 2009 - (RealEstateRama) -- Amid ongoing deterioration in the commercial real estate (CRE) market, many community banks face the possibility of significant losses from soured loans and heightened refinancing risk in the months ahead

vWASHINGTON, D.C. - December 24, 2009 - (RealEstateRama) -- U.S. Senator Kit Bond today announced that the U.S. Department of Housing and Urban Development (HUD) will release more than $23 million in federal grant funds to local Missouri homeless assistance programs

JEFFERSON CITY, MO - December 22, 2009 - (RealEstateRama) -- With only three days until Christmas, State Treasurer Clint Zweifel is letting Missourians know there are still about 3.5 million gifts worth more than $600 million waiting for those last minute shoppers.

JEFFERSON CITY, MO - December 21, 2009 - (RealEstateRama) -- An initiative proposed by Gov. Jay Nixon and State Treasurer Clint Zweifel to provide property tax relief to Missouri homebuyers was approved today by a 7-to-1 vote of the Missouri Housing Development Commission. This initiative is expected to provide property tax relief for 9,000 to 11,000 Missouri families.

JEFFERSON CITY, MO - December 16, 2009 - (RealEstateRama) -- State Treasurer Clint Zweifel, Chair of the Missouri Housing Development Commission, today announced the housing agency's December 18 meeting would be webcast live for the first time ever. The meeting's webcast will be a test for the agency as it looks for the best way to provide the service at all future meetings.

JEFFERSON CITY - December 15, 2009 - (RealEstateRama) -- State Treasurer Clint Zweifel, Chair of the Missouri Housing Development Commission, today announced the housing agency's December 18 meeting would be webcast live for the first time ever. The meeting's webcast will be a test for the agency as it looks for the best way to provide the service at all future meetings.

KANSAS CITY, MO - December 3, 2009 - (RealEstateRama) -- Matt J. Whitworth, United States Attorney for the Western District of Missouri, announced today that seven Kansas City, Mo., residents have been indicted by a federal grand jury for their roles in a mortgage fraud scheme that involved the purchase of a $605,000 house in Parkville, Mo

Jefferson City, MO - November 25, 2009 - (RealEstateRama) -- Attorney General Chris Koster said today he is suing a Florida company that took money from distressed Missouri homeowners without providing any meaningful mortgage-modification service. Koster joined the Federal Trade Commission and the state of Iowa in taking legal action against the company

JEFFERSON CITY, MO - November 24, 2009 - (RealEstateRama) -- Gov. Jay Nixon and State Treasurer Clint Zweifel, chairman of the Missouri Housing Development Commission (MHDC), today announced a proposal to pay the first year of property taxes for income-eligible Missourians who buy a new or existing Missouri home after Jan. 1, 2010. They will take the proposal before the MHDC at its Dec. 18 meeting.

JEFFERSON CITY, MO - November 23, 2009 - (RealEstateRama) -- State Treasurer Clint Zweifel announced today a $3.4 million small business loan had been approved from the Missouri Linked Deposit Program he administers. The loan to Weber Seeds, Inc. of Marshall, Mo., is one of the largest ever issued through the Missouri Linked Deposit Program, and allowed the company to increase jobs by more than 25 percent and expand its customer base.

CAPE GIRARDEAU, MO - November 17, 2009 - (RealEstateRama) -- Russell Todd McBride, of Creve Coeur, was sentenced on a mortgage fraud scheme involving the sale of residential real estate located in Sikeston, MO, Acting United States Attorney Michael W. Reap announced today. After sentencing, the district court remanded McBride to the custody of the United States Marshals to commence serving his sentence.

WASHINGTON, DC - November 16, 2009 - (RealEstateRama) -- U.S. Senator Kit Bond has introduced legislation that will increase funding to provide transitional housing for homeless veterans, calling it our nation’s sacred responsibility to support the men and women who answered America’s call to serve.