September 12, 2014

Measuring Progress in the Housing Market

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HUD’s monthly housing scorecard is our most important tool for tracking the health of the housing market. It shows how effectively our programs are serving the American people and where there is room for improvement.  In August, we saw positive overall trends in the housing market, but it’s clear many American families and homeowners are […]

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August 25, 2014

Creating Cities of Opportunity

Fiorello LaGuardia, a former Mayor of New York City, famously said “there is no Republican way or Democratic way to clean a street or build a sewer, but merely a right way and a wrong way.”  As a former Mayor myself, I have a deep appreciation of LaGuardia’s sentiment.

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July 9, 2014

Colony Village: An Example of HUD-Insured Properties Meeting the Needs of the Market

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“Urban chic meets suburbia” – that’s how Colony Village’s website describes its new apartment complex.  Located in Chesterfield County—a suburb of the Greater Richmond area in Virginia—the housing features luxury amenities including granite countertops, stainless steel appliances and durable hardwood floors.  Additionally, the development includes assets to help residents thrive, ranging from a fitness center […]

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June 25, 2014

Celebrating Homeownership Month in My New Home

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In 2008 I was sitting in an office building in Chicago when the greatest recession since the Great Depression began unleashing its full force on the American economy. Not only had Lehman Brothers and AIG tanked, but the Great Recession was taking many U.S. financial institutions with it. The housing market had also crashed, leaving […]

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May 13, 2014

A Blueprint for Access to Credit for American Families

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Many families look forward to the day they can establish deep roots in a community by buying their own home and taking advantage of all the opportunities that brings.  But, for too many American families the thought of owning a home is dream that never becomes a reality. Today, it’s tough for anyone with less […]

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