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HUD SECRETARY DONOVAN ANNOUNCES THAT RECOVERY ACT FUNDING HAS PREVENTED OR ENDED HOMELESSNESS FOR OVER 750,000 PERSONS

WASHINGTON, DC – December 2, 2010 – (RealEstateRama) — U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced today that homelessness for 750,000 Americans was prevented or ended, thanks to HUD’s Homelessness Prevention and Rapid Re-housing Program (HPRP), funded through the American Recovery and Reinvestment Act of 2009. The program provided $1.5 billion to local communities to keep families in their homes or help them find other affordable housing after a sudden financial crisis, which might have otherwise led to homelessness.

HUD TO MAKE $25 MILLION IN GRANTS AVAILABLE TO PROMOTE AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT IN RURAL COMMUNITIES

WASHINGTON, DC – December 2, 2010 – (RealEstateRama) — The U.S. Department of Housing and Urban Development today announced that $25 million in grants is available to help rural and tribal communities struggling to address distressed housing conditions and concentrated poverty. In a speech to the Housing Assistance Council in Washington, HUD Secretary Shaun Donovan said HUD’s new

HUD LAUNCHES NEW ONE-STOP WEBSITE FOR ECONOMIC AND HOUSING DATA

WASHINGTON, DC – November 22, 2010 – (RealEstateRama) — The U.S. Department of Housing and Urban Development today unveiled a new website that consolidates a wide variety of economic and housing market data at the regional, state, metropolitan area and county levels. Using data from the Census Bureau, Labor Department, State and Local governments, housing industry sources, as well as HUD’s own field economists, the new website employs interactive maps that allow visitors to access a variety of reports – from a region-wide look at employment and housing activity to individual county-level figures on population trends, rental activity and vacancy rates.

VICE PRESIDENT BIDEN ANNOUNCES NEW INITIATIVES TO HELP HOMEOWNERS, VETERANS, AND WORKERS ACCESS LEGAL SERVICES

WASHINGTON, DC – November 22, 2010 – (RealEstateRama) — At a Middle Class Task Force event today, co-hosted by the Department of Justice’s Access to Justice Initiative, Vice President Biden announced a series of steps designed to help middle class and low-income families secure their legal rights. These actions include strengthening foreclosure mediation programs, helping veterans secure the legal help they need, and making it easier for workers to find a qualified attorney when they believe their rights have been violated.

OBAMA ADMINISTRATION RELEASES NOVEMBER HOUSING SCORECARD

WASHINGTON, DC – November 19, 2010 – (RealEstateRama) — The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the November edition of the Obama Administration’s Housing Scorecard (www.hud.gov/scorecard). The latest housing figures show continued signs of stabilization in house prices and high home affordability due in part to record low mortgage interest rates. The housing scorecard is a comprehensive report on the nation’s housing market

HUD reports progress in “Operation FedRent”

WASHINGTON – Federal employees who fail to report their income to qualify for housing assistance they would not otherwise be eligible for stand to lose their jobs, pay steep fines and face possible criminal penalties.

Rental payments continue for remaining Katrina/Rita households in rental housing

WASHINGTON – December 4, 2007 – Thousands of residents displaced by the 2005 Gulf Coast hurricanes are continuing to have their rent paid through a new government initiative, the Disaster Housing Assistance Program, which is being administered by the U.S. Department of Housing and Urban Development (HUD) on behalf of the Federal Emergency Management Agency (FEMA)

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Random HUD in News

CNN Politics

HUD is trying to help thousands of low-income renters amid shutdown

The Department of Housing and Urban Development is hoping to find roughly $15 million to renew 170 contracts with private building owners who rent to poor Americans.