HUD Secretary Donovan Addresses 2012 Asian Real Estate Association of America (AREAA) Convention in Las Vegas

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On Monday, September 24, Housing and Urban Development (HUD) Secretary Shaun Donovan addressed the 2012 Asian Real Estate Association of America (AREAA) National Convention hosted in Las Vegas, Nevada. For nearly a decade, AREAA has played an important role, and provided an important voice, to ensure Asian American communities have a pathway to homeownership, and the annual meeting focused on professional development for real state practitioners who have a passion for creating homeownership opportunities for Asian American consumers.

During the convention’s opening plenary session, entitled “The Power of Asian American Housing Consumers,” Secretary Donovan underscored the Obama Administration’s efforts to build upon housing market momentum using tools provided under the landmark mortgage servicing settlement, including progress resulting in relief for thousands of homeowners in the region and across the country. He also outlined housing counseling grants and other resources provided by the Federal Government that have helped to better serve AAPI families struggling to keep their homes.

For more details on “Think Forward” AREAA’s 2012 National Convention, hosted from September 23 – 25, visit areaa.org.

For full text of Secretary Donovan’s speech, click HERE.

September 24, 2012

Daily Housing News Round-Up

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Photo courtesy of the Paramus Post

Photo courtesy of the Paramus Post

Senator Menendez, HUD Secretary Donovan Meet with Struggling NJ Homeowners, Discuss Knocking Down Barriers to Refinancing reports The Paramus Post.

The Los Angeles Times runs HUD-certified counselors can help homeowners avoid foreclosure.

Brainerd Dispatch prints HUD announces job grants in Minnesota.

Program aims to inspire hope among children writes TriCities.

And Bloomberg News publishes Brooklyn Booms as Record Rents Drive Construction.

 

September 18, 2012

Daily Housing News Round-Up

Photo courtesy of Chicago Agent Magazine

Bloomberg reports, “confidence among U.S. home builders this month jumped to the highest level in more than six years.”

Also, “Housing’s Wealth Effect to Start Nudging U.S. Spending: Economy.”

The Scranton Times Tribune runs, “federal grant to aid families struggling with homelessness.”

The Gainesville Sun spotlights federal grant money used to renovate rural county homes through the Florida Small Cities Community Development Block Grant Housing Rehabilitation Program – $75,000.

Meanwhile, 18 local governments in NC awarded over $9.2 million in Community Development Block Grants (CPD) grants.

And, President Obama earns green thumb for sustainability record.

September 17, 2012

Daily Housing News Round-Up

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Photo courtesy of the New York Arts Magazine

New York Arts Magazine runs “The Future of Housing.

KREX-TV writes, “more veterans off the streets and into homes.”

The Atlantic chronicles, “A Housing Project Upgrade Done Right.”

The Commercial Appeal prints, “Feds give initial nod to company’s plans to bring wind power to Mid-South.

And, “Louisville housing prices fare better than most since recession” reports Business First.