The Atlantic runs, how the feds are building more sustainable cities. “President Barack Obama has said expanding HARP will make cheaper credit available to more homeowners with mortgage rates near record lows,” Bloomberg. USA Today prints, thirty-year mortgage rate stays at record low 3.66%. The Boston Globe commends Somerville woman for work with the homeless. [...]
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Half of the global population lives in cities today – and by 2050, the United Nations predicts three out of every four people will call an urban area home. Pair the growing global population’s shift to the cities with looming concerns like climate change, and it’s easy to see why HUD and our partners in [...]
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This post comes from Paulette Beete at Art Works, the official blog of the National Endowment for the Arts. This past Saturday, U.S. Secretary of Housing and Urban Development Shaun Donovan spoke at MoMA PS1 in Long Island City, Queens, as part of the museum’s Foreclosed: Rehousing the American Dream. The workshop and exhibition—which included an architect-in-residence [...]
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Today, the New York Times profiles a truly exciting program spearheaded by the National Endowment for the Arts and supported by HUD. This initiative, ArtPlace, will breathe fresh life into 34 projects across the country, revitalizing struggling communities and vacant buildings by turning them into cultural hubs where artists and creative spirits can gather to [...]
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In case you missed it, last week HUD joined the Federal Housing Finance Agency (FHFA) and Treasury to announce that the three agencies will explore using government-owned foreclosed properties to bolster the nation’s rental market. The three agencies on Wednesday released official Request for Information, which solicits outside ideas on how to turn the government’s [...]
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