March 18, 2011

Choice Neighborhoods: Improving Housing and Lives

Today HUD announced that 17 communities across the U.S. will receive HUD’s first Choice Neighborhood Planning Grants. While the maximum grant is only $250,000, the lasting impact this funding will have on children who have been left behind in some of this nation’s poorest neighborhoods is infinite. For example, this funding will allow the Albany […]

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March 17, 2011

Women’s History Month Message

Written by:

At the Office of Fair Housing & Equal Opportunity (FHEO), the month of March as Women’s History Month is more than a celebration and recognition of past achievements by women in America in the struggles for freedom, equality and justice. FHEO has a vital present day role for equality for women and the efforts of […]

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March 16, 2011

HUD Statement on House Passage of the NSP Termination Act (H.R. 861)

“The Neighborhood Stabilization Program is investing in hard-hit communities struggling to reverse the effects of the foreclosure crisis. Across the country, this program is already positively impacting property prices and turning houses that would be abandoned back into homes for American families. We cannot afford to turn back the progress we’ve made in these neighborhoods. […]

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The future of our American Dream

As we emerge from this housing crisis and look to the future, it’s critical that the path going forward works for all Americans. Recently, Secretary Shaun Donovan spoke to a group of racially and ethnically diverse real estate leaders to outline how HUD is working to preserve financing options for minority communities. Historically, homeownership built […]

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March 15, 2011

The Facts about the Neighborhood Stabilization Program

HUD has awarded $7 billion through the Neighborhood Stabilization Program (NSP) to hard-hit communities struggling to reverse the effects of the foreclosure crisis. NSP funding is helping communities to purchase foreclosed homes and to either rehabilitate them or tear them down. In addition, the program can help families to purchase these properties. In essence, NSP […]

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