May 16, 2016

Transforming Lives with Summer Youth Job Opportunities

“I am gaining experience beyond my expectations.” –Christopher Hall, summer employment program participant.

“I am gaining experience beyond my expectations.” –Christopher Hall, summer employment program participant.

Two months of work can change a young person’s life. For Christopher, his summer job with the Housing Authority of New Orleans (HANO), through its Summer Employment Program, gave him the opportunity to gain experience, learn about affordable housing, build relationships with housing professionals, and awaken his interest in a public service career. Continue reading

May 9, 2016

Measuring Progress in the Housing Market

Photo: Row of homes.

Our April housing scorecard provides a closer look at the recovery of our nation’s housing market and the success of the Administration’s programs. The latest data show progress among key indicators: a rebound in existing home sales, continued growth in home values, and very low mortgage rates.  Last month, the Federal Housing Finance Agency (FHFA) also announced a new initiative to help distressed homeowners improve their financial future. Fannie Mae and Freddie Mac will offer principal reduction to certain seriously delinquent, underwater borrowers who are still struggling in the aftermath of the financial crisis to help them avoid foreclosure and stay in their homes. Continue reading

May 6, 2016

Expanding the Blueprint for Prosperity

Written by:

Secretary Castro, Mayor Betsey Hodges, and leaders from the Twin Cities region

As recent research has made evident, there are still many communities in all regions of the country where upward mobility is thwarted — where a child’s future earnings and adult outcomes are significantly impeded by the neighborhoods in which they live. Findings from that research support a balanced approach of empowering economic mobility while also reinvesting in and developing access to opportunity in neighborhoods. Continue reading

April 27, 2016

Your Right to Fair Housing: What Does Your Congregation Need to Know?

Written by:

Photo: Where you live is your choice. Don't let anyone tell you differently. Visit hud.gov/fairhousing or call the HUD hotline at 1-800-669-9777. Fair Housing is your right. Use it!

Every April, HUD celebrates “Fair Housing Month” to mark the passage of the Fair Housing Act. Signed into law in April 1968, the Fair Housing Act protects homebuyers and renters from discrimination in buying or renting a home and obtaining a mortgage. The law also enables those who feel their rights have been violated to file a complaint with HUD. As faith and community organizations seek to serve their constituents and work for social justice in their communities, the protections of the Fair Housing Act represent key tools to help individuals and families find a home without fear of discrimination along the way. Continue reading