Aug 17, 2011
WASHINGTON – In an historic collaborative effort to assure the success of previous federal investments, the U.S. Department of Housing and Urban Development (HUD) and the Environmental Protection Agency (EPA) today competitively awarded $5.65 million to eight organizations to help existing federal grantees work together to solve common problems. These organizations will form capacity-building networks among the grantees to exchange ideas on successful strategies, lessons learned, emerging tools, and public engagement plans. This work will strengthen the capacity grantee communities to create more housing choices, make transportation more efficient and reliable, make more efficient investments in water and wastewater infrastructure, and build vibrant, healthy and economically prosperous neighborhoods for American families.
2. HUD ANNOUNCES UNPRECEDENTED ASSISTANCE FOR ALABAMA, MISSOURI STORM VICTIMS STORM VICTIMS
Aug 16, 2011
WASHINGTON – U.S. Housing and Urban Development Secretary Shaun Donovan announced today that HUD will provide assistance to families affected by this spring’s catastrophic tornadoes in Joplin, MO, and central Alabama, by entering into an unprecedented purchase agreement to sell real estate owned properties (REO) to public housing authorities in the affected areas.
3. FHFA,TREASURY, HUD SEEK INPUT ON DISPOSITION OF REAL ESTATE OWNED PROPERTIES
Aug 10, 2011
Washington, DC — The Federal Housing Finance Agency (FHFA), in consultation with the U.S. Department of the Treasury and Department of Housing and Urban Development (HUD), has announced a Request For Information (RFI), seeking input on new options for selling single-family real estate owned (REO) properties held by Fannie Mae and Freddie Mac (the Enterprises), and the Federal Housing Administration (FHA).
4. HUD UNVEILS NEW WEB-BASED MAPPING TOOL TO DISPLAY NEARLY HALF OF U.S. FORECLOSED PROPERTIES
Aug 10, 2011
WASHINGTON – The U.S. Department of Housing and Urban Development today launched a new web-based mapping tool displaying the location of all foreclosed properties held by Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA). These foreclosed homes collectively account for nearly half of all real estate-owned or REO properties in the U.S. HUD’s REOPortal is intended to help local communities, homebuyers and responsible investors to acquire these properties and accelerate efforts to stabilize local housing markets.
5. OBAMA ADMINISTRATION RELEASES JULY HOUSING SCORECARD
Aug 5, 2011
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury oday released the July edition of the Obama Administration’s Housing Scorecard – a comprehensive report on the nation’s housing market. The latest housing data offer continued mixed signals as home prices improved slightly but showed continued strain from foreclosures and distressed homes. Also, as more homeowners secure mortgage relief, fewer borrowers entered the foreclosure pipeline in June. The full report is available online at www.hud.gov/scorecard.
6. HUD CHARGES PENNSYLVANIA LANDLORD WITH DISCRIMINATING AGAINST FAMILIES WITH CHILDREN
Aug 1, 2011
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) announced today that it has charged the owner and manager of Breckenridge Plaza Apartments in Phoenixville, PA, with violating the Fair Housing Act by discriminating against families with children. Breckenridge Plaza, Inc., and Morris Zelikovsky were charged with making discriminatory statements, including in advertisements on craigslist.org, indicating a preference against families with children, offering different
rental terms and conditions to families with children, and discouraging families with children from applying for housing.
