Laws & Taxes

McIntyre Announces Over $9 Million For Improvements to Bladen County Multi Family Housing Units

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.

Foxx Statement on H.R. 41

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

Lawmakers Agree With McIntyre Call to Support Homeowners and Help Spur Economy

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.

State to Gain More Than $300 Million in Affordable Apartments

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.

Duke Energy Resolves Wyoming Wind Farms Property Tax Appeal

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.

New law to protect homeowners, homebuyers starts Friday

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.

State to Gain $229 Million in Affordable Apartments

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.

Justice Center urges lawmakers to protect North Carolina’s homes from abusive practices on Tuesday

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.

AG gets judgments against two defendants in mountain real estate scheme

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

Coble Praises Extension Of Homebuyers Tax Credit

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.

Two Defendants in Home Mortgage Fraud Scheme Sentenced

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.

$95 Million Awarded to North Carolina to Build Affordable Apartments

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.

Gov. Perdue Authorizes Tax Credit Program to Life Housing, Build Economy

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.

AG Cooper goes after Charlotte foreclosure rescue scams

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.