American families are all too familiar with the story: just when they thought they had achieved the dream of owning their own home, abuses in the financial and mortgage sector came back to haunt them and sent them spiralling into foreclosure – often through no fault of their own. Countless other families are still struggling [...]
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Today HUD announced more than $404 million in Indian Housing Block Grant (IHBG) allocations for nearly 300 tribes in 27 states. Though the funding is national in scope, it is impactful news at the local level for Native American tribes as varied as the Cherokee Nation in Oklahoma, to the Chilkoot Indian Village in Alaska. [...]
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Last year HUD invested more than $434 million into the Washington, DC metropolitan area to improve housing and community development, and about 15% of this money was awarded to local businesses that hire low-income residents. That’s good because local and state agencies receiving HUD funds are required to ensure that jobs and contracts reach public [...]
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We often refer to decent, affordable housing as a platform for a better quality of life. One way that HUD is making the connection is by making smart housing investments and choices that lead to employment. If you are not familiar with Section 3, it is one of the key connecting points between jobs and [...]
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In the early 1900s, Minvilla Manor was a collection of 13 new townhomes near the center of Knoxville, Tennessee and the city’s growing middle class. By the 1960s, however, those same homes at the corner of Fifth and Broadway became the site of a badly converted hotel where crime flourished and few families cared to [...]
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