Home Loan Focus

Archive for the ‘FHA – HUD Updates’ Category

Secretaries Chu and Donovan sign agreement to help working families weatherize their homes

WASHINGTON – U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan and U.S. Department of Energy (DOE) Secretary Steven Chu today announced an important step forward in the partnership between HUD and DOE to streamline and better coordinate federal weatherization programs. These efforts will make it easier for low-income families to weatherize their homes, saving money for working families and creating tens of thousands of new green jobs.

Source: http://www.hud.gov/news/release.cfm?content=pr09-051.cfm

Treasury, HUD announce Housing Grants funded through Recovery Act

WASHINGTON – As part of an innovative partnership aimed at job creation and easing the pressures on the housing market, the Department of the Treasury and Department of Housing and Urban Development (HUD) today jointly announced programs that will provide billions of dollars in recovery funds to spur the development of thousands of affordable housing units in states around the country. Funded through the American Recovery and Reinvestment Act (The Recovery Act), the programs together will provide approximately $5 billion for states to finance the acquisition and construction of affordable housing for working families.

Source: http://www.hud.gov/news/release.cfm?content=pr09-048.cfm

Secretary Donovan announces $2 billion in recovery act funds to stablize neighborhoods hard-hit by foreclosure

WASHINGTON – U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced that HUD is now soliciting grant applications under the Department’s Neighborhood Stabilization Program (NSP) to make available nearly $2 billion in Recovery Act funding to states, local governments and non-profit housing developers to combat the effects of home foreclosures. Applications for NSP funds will be due July 17, 2009.

Source: http://www.hud.gov/news/release.cfm?content=pr09-047.cfm

HUD Secretary announces Disaster Assistance for Alabama storm victims

WASHINGTON – U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to 20 storm-ravaged counties in Alabama and provide support to homeowners and low-income renters forced from their homes following last month’s severe storms, flooding, tornadoes and straight-line winds.

Source: http://www.hud.gov/news/release.cfm?content=pr09-044.cfm

Obama Administration announces new details on Making Home Affordable Program

WASHINGTON – The Obama Administration today announced details of new efforts to help bring relief to responsible homeowners under the Making Home Affordable Program, including an effort to achieve greater affordability for homeowners by lowering payments on their second mortgages as well as a set of measures to help underwater borrowers stay in their homes.

Source: http://www.hud.gov/news/2009-04-28.cfm

HUD Secretary announces Disaster Assistance for Arkansas storm victims

WASHINGTON – U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to three storm-ravaged counties in Arkansas and provide support to homeowners and low-income renters forced from their homes following last month’s severe storms and tornadoes.

Source: http://www.hud.gov/news/release.cfm?content=pr09-043.cfm

HUD Secretary Donovan opens green roof at Washington DC Housing Authority’s Regency House

WASHINGTON – U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan yesterday joined Washington Mayor Adrian Fenty and other elected officials at the “Greening of Public Housing” event at the D.C. Housing Authority (DCHA) property, Regency House in Northwest D.C. Secretary Donovan officially opened the building’s new “green” roof on Earth Day.

Source: http://www.hud.gov/news/release.cfm?content=pr09-039.cfm

HUD awards nearly $28 million to public housing agencies across the country to promote self-sufficiency

WASHINGTON – The U.S. Department of Housing and Urban Development today awarded $27,960,860 million in grants to public housing agencies across the U.S. These agencies will use this funding to connect public housing residents with education, job training, employment services and homeownership counseling available in the local community to promote self-sufficiency.

Source: http://www.hud.gov/news/release.cfm?content=pr09-037.cfm