Area Agencies Will Share $300,00 Federal Housing Grants

first_imgStock Image.WASHINGTON — A handful of area agencies will share in a $300,000 Department of Housing and Urban Development CARES Act grants for various housing enhancements.Rep. Tom Reed says this wave of HUD allocations will be used for preparation, prevention, or in response to the Coronavirus outbreak.Local entities receiving grants include: Southern Tier Environments For Living, $3,555; the Jamestown Housing Authority, $34,811 and the City of Salamanca, $19,302.“We care about making sure those in our district are provided fair access to safe housing, especially during the COVID-19 crisis,” Reed said. “We were proud to fight for this funding and will work to ensure our constituents have access to the resources they need during this difficult time.” Share:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window)last_img read more

Townsville property market set for revitalisation, expert predicts

first_imgTom Panos, General Manager for Real Estate Sales, News Corp speaks at Momentum Townsville.TOWNSVILLE’S property market will see a major leap in house prices over the next five years, according to one of Australia’s leading real estate experts.Speaking at national event series Momentum Townsville yesterday, News Corp general manager of real estate sales and founder of the Real Estate Gym Tom Panos said the city was poised for a major property price hike spurred by developments like the CBD stadium.“I see at the moment that Townsville is a brilliant opportunity to be buying in as it has in-built value which should, over the next five years, see the property market grow at a faster rate than any other around Australia,” he said.More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020“By in-built I mean that Townsville has a lot going on, including infrastructure and developments that has not yet been realised (by the wider market).”With Townsville predicted to see its first moderate rise in median property prices by the end of the year, Mr Panos said now was the time to invest.“My recommendation to buyers waiting to sell is that if they are looking at selling and buying, what they should do is to do it now, because while they may not get the price they were hoping to get and would have got in previous years, they are also going to buy at a lower figure,” he said. “So when you’re selling and buying, it makes no difference at what price you sell at because you will sell in a low market and buy in a low market. “What does matter is the changeover figure and many people will be better off upgrading in a down market, because there are more properties to pick from and the properties they are going to buy have probably dropped more than the one they are going to sell.”Momentum is a national event series for real estate professionals held in all major cities each year.Yesterday’s event included keynote speaker Steve Carroll, director of sales regional at realestate.com.au who spoke about technology trends and their market relevance.last_img read more