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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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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This morning Secretary Donovan toured the Olneyville neighborhood of Providence, Rhode Island to highlight local success stories of the Neighborhood Stabilization Program (NSP). Joining Secretary Donovan on the tour were U.S. Senators Jack Reed and Sheldon Whitehouse, Congressmen Jim Langevin and David Cicilline, as well as Providence Mayor Angel Taveras. The tour not only served [...]
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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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HUD Region 10 Public Affairs “It’s a government program that works.” Those words, quoted recently in The Idaho Press Tribune, may be the sweetest taxpayers can ever hear. They were spoken not by a government bureaucrat, but by Greg Bullock, a real estate agent in Nampa, a city of almost 82,000 in southwest Idaho’s Treasure [...]
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