HUD

PORTLAND - September 24, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today awarded a total of $1,845,629 to 14 Oregon housing authorities to help residents of HUD-assisted and public housing obtain education an...

WASHINGTON, DC - September 21, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today awarded $75 million in grants to help public and assisted housing residents connect with local services to obtain education and training to find jobs. The funding allows grantees across the U.S., the District of Columbia, Guam, the Virgin Islands and Puerto Rico to retain or hire 1,500 service coordinators to work directly with HUD-assisted families to connect them to the supportive services that meet their individual needs to become gainfully employed.

WASHINGTON, DC - September 21, 2012 - (RealEstateRama) -- In the wake of Hurricane Isaac in Louisiana and Mississippi last month, the Federal Housing Administration (FHA) is reminding its approved lenders to quickly release hazard insurance payments so struggling families can rebuild their homes.

WASHINGTON, DC - September 14, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the August edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. Data continues to show signs that the housing market is strengthening – as home price improvements in the first half of this year have helped lift 1.3 million families above water – although officials caution that the overall recovery remains fragile.

WASHINGTON, DC - September 13, 2012 - (RealEstateRama) -- One day last spring, Mark Johnston was walking to work when he came upon a homeless man and while most people would walk on, Mark stopped and helped the man find stable housing and needed services. Mark is the Acting Assistant Secretary for Community Planning and Development at the U.S. Department of Housing and Urban Development. His office is responsible for, among other programs, managing more than $2 billion through programs designed to help homeless individuals and families.

WASHINGTON, DC - September 11, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced the approval of the State of Texas’ disaster recovery plan totaling $31.3 million in emergency aid to help several communit...

WASHINGTON, DC - September 10, 2012 - (RealEstateRama) -- In countless neighborhoods across the country, hundreds of community foundations are improving the lives of residents and the places where they live. These philanthropic organizations often work without much recognition—until now. Today, the U.S. Department of Housing and Urban Development (HUD), in partnership with the Council on Foundations, announced the first winners of a new awards program to recognize community foundations for the excellent work they do along with their public partners in the areas of housing and community development.

WASHINGTON, DC - September 7, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today a $20,000 settlement with Land Home Financial Services (LHFS) to resolve allegations the lender violated the Fair Housin...

WASHINGTON, DC - September 4, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging a Gibsonton, FL, homeowners association and its Tampa-based former management company with violating...

WASHINGTON, DC - September 4, 2012 - (RealEstateRama) -- To help ensure families protect their children from lead poisoning, the U.S. Department of Housing and Urban Development (HUD) today announced new Guidelines on how to identify and control lead-based paint and related hazards in housing, and to help property owners, government agencies, and private contractors sharply reduce childhood exposure to lead without unnecessarily increasing the cost of renovation. This second edition of the Guidelines replaces the 1995 edition.

WASHINGTON, DC - August 31, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Mississippi and provide support to homeowners and low-income re...

WASHINGTON, DC - August 28, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced a commitment to insure a mortgage loan to St. John’s Lutheran Hospital in Libby, Montana. The $32 million loan is made ...

WASHINGTON, D.C. - August 28, 2012 - (RealEstateRama) -- Preet Bharara, the United States Attorney for the Southern District of New York, Thomas E. Perez, the Assistant Attorney General for the Department of Justice’s Civil Rights Division, and John Trasviña, Assistant Secretary for Fair Housing and Equal Opportunity at the U.S. Department of Housing and Urban Development (“HUD”), announced today that GFI Mortgage Bankers Inc., a large independent home mortgage firm that concentrates on the New York, New Jersey, and Florida markets, will pay $3.555 million to resolve a lending discrimination lawsuit filed by the Department of Justice and the U.S. Attorney’s Office for the Southern District of New York.

WASHINGTON, DC - August 28, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development announced today that nine applicants are finalists to compete for approximately $110 million in 2012 Choice Neighborhoods Implementation grants to transform public and other HUD-assisted housing in targeted neighborhoods.

WASHINGTON, DC - August 24, 2012 - (RealEstateRama) -- A West Virginia woman caring for her brother who has autism knew something was wrong when she tried to rent an apartment in Charleston from landlord Michael Corey in 2009. The landlord demanded th...

WASHINGTON, Dc - August 23, 2012 - (RealEstateRama) -- Since its inception, the nation’s Low-Income Housing Tax Credit (LIHTC) Program helped produce more than 2.2 million affordable apartments, accounting for roughly one-third of all multi-family rental housing constructed between 1987 and 2006. A new report by the U.S. Department of Housing and Urban Developmentfinds that after an initial 15-year required ‘affordability period,’ the vast majority of these LIHTC properties remain affordable for working families.

WASHINGTON, DC - August 21, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging the owners and manager of Rainbow Terrace Mobile Home Park in Albert Lea, Minnesota, with violating th...

WASHINGTON, DC - August 16, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Montana and provide support to homeowners and low-income renter...

WASHINGTO, DC - August 16, 2012 - (RealEstateRama) -- Today, the U.S. Department of Housing and Urban Development launched Innovation of the Day, a new online platform that will collect and share innovative practices in affordable housing, community development, and urban planning from around the world. Its purpose is to seek new ideas that can be leveraged not only within HUD, but among other agencies, communities, philanthropic organizations, non-profit agencies, and the public.

WASHINGTON, DC - August 15, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $35 million in grants to public housing authorities, resident associations and non-profit organizations across the U.S. to help public housing residents find jobs and achieve economic and housing independence. The funding will also link the elderly and people with disabilities with supportive services that allow them to maintain independent living and age-in-place. Read more about local impact of HUD’s grant funding.