Laws & Taxes
WASHINGTON, D.C. – September 30, 2013 – (RealEstateRama) — U.S. Representative Mike McIntyre announced today $9,330,613 in federal funds to make improvements to six different multi-family housing units in Bladen County.
Washington, D.C. – January 08, 2012 – (RealEstateRama) — Congresswoman Virginia Foxx, R-NC, today issued the following statement regarding her vote against H.R. 41, legislation that would increase federal deficit spending by granting additional borrowing authority to the government-run flood insurance program
FORMER NORTH CAROLINA BUILDER ARRESTED AND CHARGED WITH TAX OBSTRUCTION AND CONVERSION OF GOVERNMENT PROPERTY
WASHINGTON, DC – July 25, 2012 – (RealEstateRama) — William B. Clayton, a residential builder formerly of Corolla, N.C., was arrested yesterday on charges of obstructing the tax laws and converting government property, the Justice Department and Internal Revenue Service (IRS) announced. Clayton had his initial appearance today before U.S. Magistrate Judge William A. Webb in the Eastern District of North Carolina
Washington, D.C. – November 16, 2011 – (RealEstateRama) — U.S. Congressman Mike McIntyre announced today that he has helped restore recently reduced home loan limits for the Federal Housing Administration.
July 6, 2011 – (RealEstateRama) — Federal tax credits and other financing awarded last week to build affordable apartments is expected to support 6,900 jobs statewide. More than $300 million in development will result from the federal tax credits, bonds, and loans approved by the Tax Reform Allocation Committee and the North Carolina Housing Finance Agency.
CHARLOTTE, N.C. – January 24, 2011 – (RealEstateRama) — Duke Energy has reached a settlement with the Wyoming Department of Revenue on the company’s 2010 property tax valuation appeal.
Raleigh, NC – September 30, 2010 – (RealEstateRama) — North Carolina homeowners, especially those struggling with financial problems, will have more protection from schemes that can lead to problems like foreclosure starting Friday, Attorney General Roy Cooper said today.
Raleigh, NC – August 17, 2010 – (RealEstateRama) — North Carolina will gain $229 million in affordable rental apartments as the result of federal tax credits approved this week by the Tax Reform Allocation Committee and loans from the North Carolina Housing Finance Agency.
RALEIGH, NC – May 24, 2010 – (RealEstateRama) — Homeowners struggling with the worst economic crisis since the Great Depression shouldn’t have to worry about scams designed to rob them of hard earned equity in their home or put them in costly contracts that promise but do not deliver homeownership.
Raleigh – March 11, 2010 – (RealEstateRama) — Attorney General Roy Cooper got consent judgments this week against two of the defendants in the Village of Penland real estate scheme, Richard Amelung and J. Kevin Foster
WASHINGTON, D.C. – November 5, 2009 – (RealEstateRama) — As the author of one of the first bills to extend the tax credit for home buyers, U.S. Rep. Howard Coble (R-NC) today praised passage of a bill that will extend the credit through next April and will make additional home buyers eligible for the tax credit.
RALEIGH, NC – October 13, 2009 – (RealEstateRama) — United States Attorney George E.B. Holding announced that in federal court on October 5, 2009, United States District Judge W. Earl Britt sentenced CINDY TILLEY GREER, 51, of Clarendon, North Carolina, to 36 months’ imprisonment followed by three years of supervised release and on October 6, 2009, STANLEY GARFIELD WILLIAMS, JR., 38, of Bolivia, North Carolina, received 70 months’ imprisonment followed by five years supervised release. Also GREER was imposed a fine of $6,000.
Raleigh, NC – August 27, 2009 – (RealEstateRama) — The U.S. Treasury has awarded $95 million to North Carolina to jump-start stalled development of 36 affordable apartment projects in 26 counties. The North Carolina Housing Finance Agency, which manages the federal housing tax credit program, will provide the funds to 36 rental developments that were awarded tax credits in 2007 and 2008 and applied for the assistance.
Raleigh, NC – February 3, 2009 – (RealEstateRama) – In a move today to help stimulate the economy with the sale of more than 1,500 North Carolina homes, Gov. Bev Perdue signed the authorization that will provide new financial assistance to first-time home buyers.
Firms take struggling homeowners’ money, fail to save their homes Charlotte, NC – October 30, 2008 - (RealEstateRama) — Attorney General Roy Cooper is taking legal action to stop three Charlotte area foreclosure rescue companies from charging high fees but failing to save consumers’ homes.