Yearly Archives: 2009

December 28, 2009 - (RealEstateRama) -- The Minnesota Department of Human Services (DHS) has distributed nearly $11 million of federal funds to 31 organizations in Minnesota working to help individuals, families and unaccompanied youth find, secure and stay in affordable housing.

December 10, 2009 - (RealEstateRama) -- A federal indictment was unsealed today against a Minnesota pair for allegedly orchestrating a mortgage fraud scheme in which they stole more than $2.5 million from lenders nationally by obtaining fraudulent loans for the purchase of 35 homes in the Twin Cities. The indictment charges Zack Zafer Dyab, 45, of Golden Valley, and Julia Alexander Rozhansky, 45, of Minnetonka, with one count of conspiracy to commit wire fraud, six counts of mortgage fraud through use of interstate wires, and one count of engaging in a monetary transaction involving criminally derived property.

December 8, 2009 - (RealEstateRama) -- A 27-year-old Webster man pleaded guilty today in federal court to bilking more than $7 million from at least 15 real estate mortgage lending companies between 2005 and 2008. Appearing before United States District Court Judge Richard Kyle in St. Paul, Dustin LaFavre pleaded guilty to one count of conspiracy to commit mail and wire fraud in connection with this crime. LaFavre was charged on November 5, 2009

Saint Paul, MN - November 19, 2009 - (RealEstateRama) -- Property tax levies will increase an average of 3.5 percent statewide if proposed local tax levies are adopted later this year, the Minnesota Department of Revenue announced today. This compares to last year’s increase of 5.6 percent and an average increase of 6.9 percent during the past three years.

Funding approved for North St. Paul, Roseville and St. Paul Port Authority. ST. PAUL, MN - November 19, 2009 - (RealEstateRama) -- Three projects in the Twin Cities area received a total of $1.8 million in grants to help offset the cost of reclaiming and redeveloping blighted property.

Minnesota facility awarded LEED EB O&M Silver rating. SHAKOPEE, MN, September 24, 2009 -- The United States Green Building Council (USGBC) has awarded a LEED® Silver designation to the BASF Construction Chemicals - Building Systems headquarters and office/research complex located in Shakopee, Minnesota, a suburb of Minneapolis. This is the first BASF building to earn LEED Certification and only the third building to earn LEED EB O&M certification in Minnesota

Washington, DC - October 1, 2009 - (RealEstateRama) -- U.S. Representative Michele Bachmann (MN-06) today urged Treasury Secretary Timothy Geithner to specifically prohibit ACORN from participating in his $35 billion proposal to expand government intervention in the housing market

September 15, 2009 - (RealEstateRama) -- Last week, U.S. Representative Michele Bachmann (MN-06) asked the U.S. Department of Housing and Urban Development to suspend and bar ACORN from its programs and funding

September 3, 2009 - (RealEstateRama) -- Ralph S. Boelter, Special Agent in Charge of the Minneapolis FBI office, today, announced the federal arrest of Ma Myrrelli Juanillo Asuncion, age 29, of Cottage Grove, Minnesota. On Saturday, August 29, 2009, at approximately 4:00 pm, the Wells Fargo Bank located at 2945 White Bear Avenue, Maplewood, Minnesota, was robbed by a lone female. The robber entered the bank, approached the victim teller, and presented a demand note for money. The robber fled the bank on foot and was last seen heading west toward the Maplewood Mall. On Sunday, August 30, 2009, Ma Myrrelli Juanillo Asuncion turned herself in to the Minneapolis Field Office of the Federal Bureau of Investigation.

MINNEAPOLIS, MN - August 18, 2009 - (RealEstateRama) -- Opus Northwest, L.L.C. announced today the sale of the newly completed Crest Ridge Corporate Center, a first of two-phase, 116,000–square-foot Class A office building, located on the southeast corner of Interstate 394 and Hennepin County Road 73 in Minnetonka, Minn., to RT CREST RIDGE, L.L.C.

Saint Paul, MN - August 11, 2009 - (RealEstateRama) -- The Minnesota Department of Revenue reminds Minnesotans to file applications for state property tax refunds and renter’s refunds by Aug. 17, 2009. Even taxpayers who didn’t qualify in previous years may be eligible for a refund.

July 7, 2009 - (RealEstateRama) — The Minnesota Department of Veterans Affairs, together with members of the Veterans community, will open a time capsule from 1934 during the cornerstone removal ceremony of historic building 9 at the Minneapolis Veterans Home Tuesday, July 7 at 10:30 a.m. The original cornerstone is dated at the start of construction, Nov. 11, 1934. Completed in 1937, building 9 was constructed almost entirely by hand over a span of nearly three years.

ST. PAUL, MN - June 26, 2009 - (RealEstateRama) — The housing slump appears to be affecting the Minneapolis-St. Paul Metropolitan Area more than other parts of Minnesota, according to a new report from the Minnesota State Demographic Center.

Washington, D.C., - June 4, 2009 - (RealEstateRama) —U.S. Representative Michele Bachmann (R-MN) today introduced the Taxpayer Protection and Anti-Fraud Act, which would prohibit any organization that has been indicted for violations of state or federal election laws from accessing taxpayer dollars through Department of Housing and Urban Development (HUD) programs.

Saint Paul, MN - April 14, 2009 - (RealEstateRama) — Governor Tim Pawlenty announced this afternoon that individuals and homeowners affected by flooding in Clay, Norman, Traverse, and Wilkin counties will be eligible for financial help or direct services from the federal government. The major disaster declaration signed by President Obama yesterday was amended today to include assistance for housing and other individual needs for the four counties along the Red River in northwestern Minnesota.