A foreclosed home not only damages the family who lost their homeowner dream, but also directly affects neighborhoods by immediately decreasing their property value by an average of $5,000. Many homeowners who have struggled to make their payments on time have seen their property values decrease through no fault of their own because of the [...]
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It’s time to break out the party hats, balloons and the birthday cake (you can’t forget the cake!) to celebrate the 1st birthday of the Department’s official blog: The HUDdle. A year ago on Sunday, HUD launched a new interactive blog to better serve you, our most important customer. This is just one way HUD [...]
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Last week, Secretary Donovan provided the key note address at the 7th Annual conference of the National Association for Latino Community Asset Builders (NALCAB) and highlighted the Obama Administration’s investments in Latino communities and organizations. These investments have helped create jobs, stabilize home prices in neighborhoods hard hit by the housing crisis and helped thousands of [...]
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Good Tuesday morning HUDlers. As your week gets going, let’s delve into some housing news: Secretary Donovan visits Rhode Island to showcase revitalization efforts and highlight how pending legislation can continue to improve neighborhoods. HUD awards funds for senior housing programs in Philadelphia and New Jersey, a Kansas City young adult housing project, and disability [...]
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Happy Monday HUD Followers! As you readjust from last week’s holiday, here are some housing highlights to get your day going… Secretary Donovan travels to Rhode Island. Ken Harney looks at the possible impacts of the new FHA loan limits Two housing projects to help people with disabilities in Milledgeville and Augusta, Georgia get grants. [...]
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