HUD ANNOUNCES SETTLEMENT WITH BALTIMORE CITY HOUSING AUTHORITY
WASHINGTON, DC - July 5, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today a settlement agreement with the Housing Authority of Baltimore City (HABC) after a resident complained the housing authority failed to make a reasonable accommodation for a family with a young son with special needs. HABC will pay $150,000 to the public housing resident as part of the Voluntary Compliance Agreement.
HUD CHARGES MINNESOTA PROPERTY OWNER WITH DISCRIMINATING AGAINST SINGLE MOTHER AND HER DAUGHTER
WASHINGTON, DC - July 2, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD)announced today that it is charging a Jackson, Minnesota, landlord with violating the Fair Housing Act for allegedly refusing to rent an apart...
HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR ALASKA STORM VICTIMS
WASHINGTON, DC - June 27, 2013 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Alaska and provide support to homeowners and low-income renters f...
HUD AND CENSUS BUREAU REPORT NEW RESIDENTIAL SALES IN MAY
WASHINGTON, DC - June 25, 2013 - (RealEstateRama) -- Sales of new single-family houses in May 2013 were at a seasonally adjusted annual rate of 476,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.
MORTGAGE SETTLEMENT MONITOR REPORTS EIGHT FAILS IN TESTING RESULTS
WASHINGTON, DC - June 19, 2013 - (RealEstateRama) -- The nation’s largest mortgage servicers have failed eight of the servicing standards in the National Mortgage Settlement according to a report released by Joseph A. Smith, Jr., Monitor of the National Mortgage Settlement. The Monitor’s testing through the end of last year resulted in three testing fails, and there are five additional fails in 2013.
HUD AWARDS $40 MILLION IN HOUSING COUNSELING GRANTS
WASHINGTON, DC - June 18, 2013 - (RealEstateRama) -- As part of its continuing effort to assist families and individuals with their housing needs and to prevent future foreclosures, the U.S. Department of Housing and Urban Development (HUD) today announced more than $40 million in housing counseling grants to 334 national, regional and local organizations. As a result of these grants and the additional funding they help leverage, more than 1.6 million households will have a greater opportunity to find housing, make more informed housing choices or keep their current homes.
HUD AND CENSUS BUREAU ANNOUNCE NEW RESIDENTIAL CONSTRUCTION ACTIVITY IN MAY
WASHINGTON, DC - June 18, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau today announced the following new residential construction statistics for May 2013:
HOUSING AUTHORITIES TO CONNECT FATHERS AND CHILDREN WHO LIVE IN PUBLIC HOUSING
WASHINGTON, DC - June 13, 2013 - (RealEstateRama) -- Nearly 300 public housing authorities in 36 states and the District of Columbia plan to host free events to connect fathers and their children this weekend. For the third consecutive year public housing authorities across the country are gearing up to participate in the U.S. Department of Housing and Urban Development’s
HUD ANNOUNCES $563 MILLION TO SUPPORT AFFORDABLE HOUSING IN HUNDREDS OF NATIVE AMERICAN AND...
WASHINGTON, DC - June 13, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $563 million to 353 American Indian and Alaskan Native entities that represent 539 tribes across the U.S. Provided through HUD’s ...
RACIAL AND ETHNIC MINORITIES FACE MORE SUBTLE HOUSING DISCRIMINATION
WASHINGTON, D.C. - June 12, 2013 - (RealEstateRama) -- Blatant acts of housing discrimination faced by minority homeseekers continue to decline in the U.S., yet more subtle forms of housing denial stubbornly persist, according to a new summary study released today by the U.S. Department of Housing and Urban Development and the Urban Institute. Housing Discrimination Against Racial and Ethnic Minorities 2012 finds African-Americans, Hispanics and Asians learn about fewer housing options than equally qualified whites.
OBAMA ADMINISTRATION RELEASES MAY HOUSING SCORECARD
WASHINGTON, DC - June 10, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the May edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. Data continue to show important progress across many key indicators— as the annual home price increase is the highest since the housing bubble burst in mid-2006 and purchases of new and existing homes remain strong—although officials caution that a full housing recovery will take more time. The Housing Scorecard is available online at www.hud.gov/scorecard.
HUD SETTLES CLAIM ALLEGING BANK OF AMERICA AND FANNIE MAE DISCRIMINATED AGAINST LOAN...
WASHINGTON, DC - June 7, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it has reached a Conciliation Agreement with Bank of America and Fannie Mae, settling allegations that the Charlotte, NC-based lender and Fannie Mae violated the Fair Housing Act by denyinga borrower’s application to modify her mortgage loan because she did not provide sufficient information about the nature of her disability. The woman was applying for a loan modification through the Obama Administration’s Home Affordable Modification Program (HAMP).
HUD ANNOUNCES RESOLUTION OF REO ISSUES WITH WELLS FARGO
WASHINGTON, D.C. - June 6, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development announced today that Wells Fargo Bank N.A., the National Fair Housing Alliance, 13 private fair housing organizations and Acting Assistant Secretary Bryan Greene have reached an agreement through which Wells Fargo will invest in efforts designed to help improve housing in minority neighborhoods that have been hard hit by the foreclosure crisis. As part of the agreement, Wells Fargo has committed to invest a total of $39 million in 45 communities across the country through various programs to support home ownership, neighborhood stabilization, property rehabilitation and housing
HUD ISSUES NEW GUIDANCE TO ENCOURAGE PARTICIPATION IN STATE EFFORTS TO ASSIST INDIVIDUALS MOVING...
WASHINGTON, DC - June 5, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today issued new guidance to HUD-assisted housing providers on how they can support state and local Olmstead efforts to increase the integrated housing opportunities for individuals with disabilities who are transitioning from, or at serious risk of entering, institutions and other restrictive, segregated settings.
HUD MAKES $109 MILLION AVAILABLE TO REVITALIZE HOUSING, COMMUNITIES
WASHINGTON, DC - June 3, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it is making available $109 million in grants to revitalize public and HUD-assisted housing and transform communities. These grants are offered through HUD’s
HUD AWARDS $32 MILLION TO 30 LOCAL HIV-AIDS HOUSING PROGRAMS
WASHINGTON, D.C. - May 31, 2013 - (RealEstateRama) -- Today, the U.S. Department of Housing and Urban Development announced $32 million in grant awards to assist more than 1,300 extremely low-income persons and families living with HIV/AIDS annually. The grant awards will provide these households with a stable living environment, which is essential to accessing healthcare and HIV related services. In addition to housing assistance these grant programs will provide access to the needed supportive services in assisting beneficiary’s with a path to self-sufficiently such as life skills, job readiness services and employment training
OBAMA ADMINISTRATION EXTENDS APPLICATION DEADLINE FOR THE MAKING HOME AFFORDABLE PROGRAM
WASHINGTON, D.C. - May 30, 2013 - (RealEstateRama) -- The U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development today announced an extension of the Obama Administration’s Making Home Affordable Program through December 31, 2015. The new deadline was determined in coordination with the Federal Housing Finance Agency (FHFA) to align with extended deadlines for the Home Affordable Refinance Program (HARP) and the Streamlined Modification Initiative for homeowners with loans owned or guaranteed by Fannie Mae and Freddie Mac. The Making Home Affordable Program has been a critical part of the Obama Administration’s comprehensive efforts to provide relief to families at risk of foreclosure and help the housing market recover from a historic housing crisis. The program deadline was previously
HUD & VA TEAM UP TO PROVIDE PERMANENT HOMES TO 9,000 HOMELESS VETS
WASHINGTON, DC - May 29, 2013 - (RealEstateRama) -- Approximately 9,000 homeless veterans living on the streets and in the nation’s shelter system will soon find a permanent place to call home. U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan and U.S. Department of Veterans Affairs (VA) Secretary Eric K. Shinseki announced today that HUD will provide $60 million to local public housing agencies across the country to provide permanent supportive housing to homeless veterans, many of whom are living with chronic disabling conditions
HUD AND CENSUS BUREAU REPORT NEW RESIDENTIAL SALES IN APRIL
WASHINGTON, DC - May 24, 2013 - (RealEstateRama) -- Sales of new single-family houses in April 2013 were at a seasonally adjusted annual rate of 454,000, according to estimates released jointly today by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
HUD AWARDS $98 MILLION TO PROTECT CHILDREN FROM LEAD AND OTHER HOME HAZARDS
WASHINGTON, D.C. - May 23, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today awarded $98.3 million in grants to 38 local projects to protect children and families from the hazards of lead-based paint and from other home health and safety hazards (see chart below)