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Advocates: Grandma May Get Run Over By HUD’s New Reverse Mortgage Policy
Earlier this week, a group of consumer advocates and attorneys sent a letter to the Department of Housing and Urban Development (HUD) about a new HUD policy that was supposed to help widowed homeowners and surviving heirs after a reverse mortgage borrower passes away. A federal judge ordered HUD to create a new policy, but advocates charge that HUD’s new policy is so restrictive that virtually all surviving non-borrowing spouses will be excluded from relief.
Pelosi Statement on HUD Grant for San Francisco’s Alice Griffith Housing Development
San Francisco, CA - September 1, 2011 - (RealEstateRama) -- Democratic Leader Nancy Pelosi released the following statement today after the Department of Housing and Urban Development announced a $30.5 million Choice Neighborhoods grant to revitalize, redevelop, and expand the Alice Griffith Housing Development, a community of 256 units of multi-family public housing in San Francisco.
Mayor Lee Announces $18.7m In U.S. Housing & Urban Development (HUD) Grants To Combat...
January 24, 2011 - (RealEstateRama) -- Mayor Edwin M. Lee today announced that the U.S. Housing and Urban Development (HUD) has awarded San Francisco $18.7 million in HUD’s Continuum of Care grants to fund a wide variety of programs from street outreach and assessment programs to transitional and permanent housing for individuals and families experiencing homelessness. The HUD Continuum of Care grants are awarded competitively to local programs to meet the needs of their homeless clients, and this year, 51 San Francisco-based organizations and programs received grant awards.
Congresswoman Welcomes U.S. Department of Housing and Urban Development Secretary Shaun Donovan to the...
Downtown Los Angeles, CA - September 30, 2010 - (RealEstateRama) -- Congresswoman Lucille Roybal-Allard joins community leaders in welcoming U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan to the site of the New Genesis apartment project on Main Street.
Congresswoman Richardson Announces $14.9 Million in Housing and Urban Development Grants for Long Beach
WASHINGTON, DC - September 24, 2010 - (RealEstateRama) -- Today, Congresswoman Laura Richardson announced that Long Beach has been awarded $14.9 million in grants from the U.S. Department of Housing and Urban Development (HUD). These grants were awarded through three different HUD programs targeted at providing decent housing and living environments for low- and moderate-income persons.
Baca Announces HUD Neighborhood Stabilization Grants Awarded to Inland Area
Washington, DC - September 10, 2010 - (RealEstateRama) -- Today, Congressman Joe Baca (D-Rialto) announced that San Bernardino County and the cities of Fontana, Ontario, Rialto, and San Bernardino have collectively been awarded over $20 million in Neighborhood Stabilization Program (NSP) grant funding from the Department of Housing and Urban Development (HUD). The NSP is designed to assist states and local governments in addressing the effects of abandoned and foreclosed housing.
Congresswoman Matsui Announces $8.2 Million in Federal Funding to Stabilize Sacramento Housing Market
SACRAMENTO, CA - September 9, 2010 - (RealEstateRama) -- Today, Congresswoman Doris Matsui (D-Sacramento) announced that the Sacramento area will receive $8.2 million in Federal funding to help support and stabilize our local housing market. Funding will be used to purchase and redevelop foreclosed and abandoned homes. The funding was made available by the Department of Housing and Urban Development’s (HUD) as part of the third round of grant funding announcements under the Neighborhood Stabilization Program (NSP3), and includes $4.5 million for Sacramento County and $3.7 million for the City of Sacramento. NSP3 funding is designed to assist communities that have suffered from high rates of home foreclosures and abandonment
Congresswoman Laura Richardson Announces $881,808 Grant for Long Beach Housing Authority to Provide Housing...
WASHINGTON, DC - June 7, 2010 - (RealEstateRama) -- Congresswoman Laura Richardson announced a grant of $881,808 from the U.S. Department of Housing and Urban Development (HUD) and Veterans Affairs Supportive Housing (VASH) has been awarded to the Long Beach Housing Authority to assist homeless U.S. veterans returning from the wars in Iraq and Afghanistan.
Congresswoman Richardson Announces $22 Million in HUD Neighborhood Stabalization Funds for Long Beach and...
WASHINGTON, DC - January 18, 2010 - (RealEstateRama) -- Congresswoman Laura Richardson is pleased to announce that the U.S. Housing and Urban Development Department (HUD) has awarded $22 million to the City of Long Beach and additional millions to the 37th District counseling partner Los Angeles Neighborhood Housing Services, Inc. The funds are a result of the American Recovery and Reinvestment Act of 2009 (Recovery Act) and are distributed as part of HUD’s Neighborhood Stabilization Program, which requires the funds be used to improve the quality of and access to housing for low- and moderate-income families.
Op-ed: Homeowners Facing Foreclosure Cautioned About Scams
Op-ed by Congresswoman Lucille Roybal-Allard (CA-34) and Ken Wade, Chief Executive Officer, NeighborWorks® America. September 16, 2009 - (RealEstateRama) -- A new wave of fraud is ripping homes out from under people who are stressed, desperate and facing foreclosure. The signs are literally nailed to posts and supermarket bulletin boards everywhere. They are advertised on television and on the internet: Refinance Your Mortgage; Facing Foreclosure? Modify Your Loan; Consolidate Your Debt, Refinance: Zero Down.
Rep. Matsui Announces $878k for Local Housing Choice Programs
Funds Will Provide Housing for Disabled Families Throughout Sacramento. WASHINGTON, DC - July 8, 2009 - (RealEstateRama) — Congresswoman Doris Matsui (CA-05) today announced $878,784 in federal funds for low-income housing initiatives has been allocated to the Sacramento region. The U.S. Department of Housing and Urban Development (HUD) will provide $878,784 to the Sacramento Housing and Redevelopment Agency through the Housing Choice Vouchers Program to provide housing for local disabled families.