HUD

January 16, 2008 -- Randolph, Vt. — Vermont Governor Jim Douglas and U.S. Department of Housing and Urban Development Regional Director Taylor Caswell were at the Clara Martin Center in Randolph today to announce over $2.5 million in funding from the Department of Housing and Urban Development (HUD) to support homelessness projects around the state.

This funding, part of $1.5 billion awarded nationwide, supports 16 homeless programs across the state and 5 programs in Chittenden County.    » read more »

Dec 11, 2007 -- Chapel Hill, North Carolina – Senator John Edwards today called on HUD to reverse its plan to begin demolishing public housing in New Orleans this week and urged the New Orleans City Council to stand strong in defending housing for city residents. Edwards said in a statement:    » read more »

Issuance is First Security Backed by FHA Home Equity Conversion Mortgage Loans

November 9, 2007 -- Washington, DC - Today, the Government National Mortgage Association (Ginnie Mae) announced the first issuance of its new Home Equity Conversion Mortgage (HECM) Mortgage-Backed Security (HMBS). The $116 million issuance is the first-ever government-guaranteed mortgage-backed security collateralized by Federal Housing Administration (FHA) insured reverse mortgages (HECM).    » read more »

Decrease largely attributed to increase in supportive housing

November 7, 2007 -- WASHINGTON - For the first time ever, the U.S. Department of Housing and Urban Development is reporting a nearly 12 percent decrease in the number of chronically homeless persons living on the nation's streets. HUD's analysis found that more than 20,000 persons moved from the streets into transitional and permanent supportive housing between 2005 and 2006.    » read more »

HUD to offer foreclosure relief, provide FHA insurance to assist rebuilding

October 24, 2007 -- WASHINGTON - U.S. Housing and Urban Development Secretary Alphonso Jackson today announced HUD will speed federal disaster assistance to the Southern California counties affected by raging wildfires and provide support to homeowners and low-income renters forced from their homes.    » read more »

Leaving New York's Most Vulnerable Holding The Bag; Under Project-Based Section 8, HUD Reimburses Housing Providers for Operational Costs - Including Mortgage Payments, Staffing, Utilities, Routine Maintenance, and Insurance

September 17, 2007 -- Today, U.S. Senator Charles E. Schumer revealed that the Department of Housing and Urban Development (HUD) has been financially starving New York State housing providers of reimbursement checks for weeks and will be unable to fully fund them through the rest of 2007.    » read more »

HUD establishes toll free number for FEMA assisted families 866-373-9509

August 15, 2007 -- WASHINGTON - U.S. Department of Housing and Urban Development announced today that the transition of the Disaster Housing Assistance Program (DHAP) rental assistance program from FEMA to HUD will be as seamless as possible for the approximately 30,000 FEMA-assisted families displaced by Hurricanes Katrina and Rita currently living in private rental units. HUD also announced it has established a toll free call center number, 1-866-373-9509, to answer questions about the transition.    » read more »

August 10, 2007 -- ATLANTA – Georgia Governor Sonny Perdue announced today that Georgia has been awarded nearly $42 million in federal grants from the U.S. Department of Housing and Urban Development (HUD) for the state’s Community Development Block Grant Program and Community HOME Investment Program (CHIP).

“The Community Development Block Grant program provides an essential financial resource to Georgia’s smaller communities,” said Governor Sonny Perdue. “The grants will help Georgia communities fund projects in order to meet the needs of our citizens.”    » read more »

Temporary housing and foreclosure protection offered to displaced families

May 7, 2007 -- WASHINGTON - U.S. Housing and Urban Development Secretary Alphonso Jackson today announced HUD will speed federal disaster assistance to tornado-ravaged Kiowa County, Kansas and provide support to homeowners and low-income renters forced from their homes following last week's devastating storms.    » read more »