Diversified Ties

Nuveen Diversified Dividend & Income Fund (the Fund) is a diversified closed-end management investment company. The Fund seeks to provide high current income and total return by investing primarily in a portfolio of dividend-paying common stocks, securities issued by real estate investment trusts (REITs), debt securities and other non-equity instruments that are issued by, or that are related to, government, government-related and supernational issuers located, or conducting their business, in emerging market countries (emerging markets sovereign debt and foreign corporate bonds) and senior loans.

The Fund’s portfolio includes real estate investment trust common stocks, common stocks, emerging markets sovereign debt and foreign corporate bonds, variable-rate senior loan interests, corporate bonds, convertible bonds and short-term investments. It invests in various industries, including real estate, media, metals and mining, diversified telecommunication services, aerospace and defense, tobacco, household durables, containers and packaging, diversified financial services, thrifts and mortgage finance, commercial services and supplies, and oil, gas and consumable fuels. The Fund’s investment manager is Nuveen Asset Management. Nuveen Asset Management has entered into sub-advisory agreements with NWQ Investment Management Company, LLC, Security Capital Research & Management Incorporated, Symphony Asset Management, LLC and Wellington Management Company, LLP.

* http://www.reuters.com/      ** http://www.secinfo.com/

Benefit for 3-year-old Girl with Brain Tumor

Third Annual Elizabeth’s Motorcycle Run took place Sunday afternoon at Players Sports Bar and Restaurant, VFW Drive, Rockland.
TO DONATE:  Sovereign Bank in Randolph
c/o Elizabeth Taylor Kulikowski Fund
301 North Main St., Randolph, MA 02368
All proceeds to benefit the Kulikowski family.

Playing with Fire

Monday, August 24, 2009, around 10:45pm: Rockland firefighters quickly responded to another fire alarm at 100 Martha Drive, Rockland, MA.  Kids were loitering in the first floor hallway before the alarms sounded. According to the fire dept. it smelled like candles had been burning.  Property management was notified again. (See July's incident.)  

Some parents and management have not done enough to resolve this ongoing problem. Good fire prevention measures NOW, may save another Rockland Place child from becoming scorched.  Promised security cameras installed in common areas would deter some fire setting and other crime.  Hopefully, property owners will install them before they have to collect
on fire insurance policies again. This reminds me of one of the laws these Lessors violated: Chapter 186, Section 21.  (Several of our good photos showing fire setting and other violations have mysteriously vanished from this blog.)

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Thought for the day:  More tax dollars for badly-run multifamily housing developments won't help those in need of safe, decent, affordable housing. 

Search Engine Optimization and SEO Tools

HUD Plagued with Indecent Housing

The scandal-plagued government agency that oversees housing spends more than $12 million a year to illegally provide homes to thousands of lifetime registered sex offenders, many convicted of raping children.

Although Congress banned federally subsidized housing for serious sex offenders more than a decade ago, the Department of Housing and Urban Development (HUD) still gives the taxpayer-financed perk to about 3,000 serious sex offenders banned by federal law from receiving it.

Scandal at HUD, is hardly a novelty. * Read more details on The Judicial Watch Org. blog.

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*Tough Times - Losing House in Rockland... www.thebostonchannel.com/news/18862321/detail.html

Shares, Hedge Funds, and Subsidized Profits

Before and during government-funded renovations, Rockland Place residents were deliberately misled by corporate partners and management as to all parties involved with the 'new' ownership of this subsidized housing complex.

Boston Capital Corporate Tax Credit Fund XXV, A LP

Boston Capital Real Estate Investment Trust Inc.

*Boston Capital Property co-founders Manning Collins created estate ... Boston Capital Tax Credit Funds have raised in excess of $4.8 billion in equity, from over 88000 investors. Its NASD registered broker/dealer. http://www.propertydir.com/Real_Estate_and_Property/Real_Estate_Manage…

**SEC Filings-BostonCapital-Individual Investors/Boston Capital Tax Credit Funds offer individual investors and corporations strategy for reducing taxes dollar-for-dollar.* htps://investorcenter.bostoncapital.com/static_pages/taxcreditfund/productoverview.html

*H3222_Boston Capital Customer ProfileBoston Capital Tax Credit Funds: a vehicle whereby federal housing tax credits be used by investors in affordable housing, to ... ://www.emc.com/collateral/customer-profiles/boston-capital-corp.pdf

Special Interests in Government - videos

President shifts focus to renting, not owning - The Boston Globe
Using $4.25b to build affordable housing - August 16, 2009

Posted using ShareThis
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See and hear what Barney Frank really said (contradiction to what he said in The Boston Globe) : http://www.youtube.com/watch?v=ill-YnbGiaY ******

Investing more tax dollars in affordable housing doesn't always benefit the less fortunate. This is far from what HUD and politicians promise Americans! Watch corruption -
/www.youtube.com/watch?v=85xQ_qAsVTc&feature=related
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Has our country been underhandedly sold out? Who is really running our government?
http://www.youtube.com/watch?v=EsxN0DpFFOs&feature=related
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CH-CH-CH CHANGE$

Effective August 1, 2009, Change 3 to HUD Handbook 4350.3 Rev. 1, makes numerous clarifications and changes regarding income, live-in aides, and pensions. It completely revises Chapter 9 (Billing and Special Claims) for property owners to comply with TRAC 202C requirements. Actually, I have to wonder why HUD bothers to change any rule or regulation when they lack enforcement. Perhaps President Obama will need to appoint a Czar to enforce HUD Regulations? (wink)

Low Income Housing Tax Credits (LIHTC)
Read about the new income limit provisions from H.R. 3221 - HERA.

Spring Gate Specials

MONDAY, 7-27-09 from early afternoon through evening hours: Officials from Rockland Police, Sheriff's Dept., Bureau of Criminal Investigations (BCI), and State Police inside building 81 Hannah Way to investigate another crime on this subsidized property. Still, this corporate landlord has not kept promises to install security cameras for crime reduction.

SUNDAY, JULY 26, 2009

12:00am: Police called for attempted break & enter at 91 Hannah Way. Locked bedroom window to first floor apartment pried opened from outside while resident inside.

9:45am: Police were called to 191B Martha Drive concerning a child, approximately 1-yr.-old, wandering alone in the common areas of Spring Gate Apts.

9:50am: Fire dept. and maintenance called due to a faulty smoke detector at 187D Martha Drive.

Click to Email Your Representative About Fair Elections.
The Fair Elections Now Act will take big money out of politics.

Truth in Advertising

Become a resident and open your business in our subsidized housing complex. Have a live-in? Have pets? Have a criminal history? Need an under or oversized unit? Let's see if you qualify!

Rockland Place dba Spring Gate Apartments

52 Hannah Way, Rockland, MA 02370

781-871-2323 / 781-871-2324 - Toll Free(800) 935-0329 x4443

Still managed by employees of

Cornerstone Corporation, joining forces with:

FHRC Management Corporation **SECTION 8 WELCOME**

Affordable housing family community recently renovated with wasted tax dollars. On site laundry facility and management office. Terms and Specials 12 month lease (as long as you keep our secrets).

Move on in next month to enjoy the following property features and amenities: ..... Pull up our lovely window shades and enjoy the scenic view of ex-cons, repetitive traffic, and the dancing flames of an occasional fire. Come nighttime, enjoy the sounds of our favored drunkards and druggies as you stroll our common areas in darkness. Take a relaxing blood bath. Enjoy the non-compliance! Hear the pitter patter and bang of rocks against your windows. See and feel what happens after reporting our lease violations.... Hear management's favorite quotation, "Move if you don't like it!" Get smoked from your unit! Suffer a flood! Sign misdated and fraudulent documents or spend your life in a courthouse! Have your personal property damaged by our contractors or 24-hour maintenance! Let us interfere with, and interrupt your life next month while you pay a portion of our ever-increasing rent.... Enjoy the view of our insufficient, open-ended notices so we can enter your unit whenever we want to. Lose your rights! Lose your freedoms! Lose your quiet enjoyment; then lose your mind!

Aaaaaahhhhh, home sweet subsidized prison facility!

.... And politicians claim Americans need more of these 'family developments'? No thanks.