July 10, 2015

Measuring Progress in the Housing Market

Photo: Construction workers build a new home.

Our June housing scorecard takes a deeper look at the recovery of our nation’s housing market during National Homeownership Month. As we look back, we witnessed notable progress among key indicators, including strength in new home sales, a significant increase in previously-owned home sales over the last three months, and a spike in homeowners’ equity. It’s clear we must continue to support programs that give every American family and homeowner the opportunity to recover from the Great Recession. Continue reading

July 9, 2015

Partnership to Fuel Local Economic Growth

City of Memphis, TN

Cross posted from WhiteHouse.gov

From his first days in office, President Obama has directed his team to partner with local leaders, providing them better and more innovative tools to create jobs, rebuild critical infrastructure, and revitalize distressed areas. These tools have been particularly important to communities that have faced the systemic inequities and challenges of concentrated poverty, deindustrialization, residential segregation, disinvestment, and the uneven recovery from the Great Recession. Continue reading

July 6, 2015

HUD Partners with the White House to Host “Community Partners Action Summit”

Written by:

FaithBased blog post

As part of its ongoing work to support faith-based and community organizations across the nation, HUD’s Center for Faith-Based and Neighborhood Partnerships (HUD CFBNP) partnered with the White House Office of Faith-Based and Neighborhood Partnerships (WHOFBNP) to host the “Community Partners Action Summit.” This gathering brought together a variety of public, private and philanthropic partners to  build the organizational capacity of those who work with underserved communities. Continue reading

July 1, 2015

Forty States and Communities Advance in $1 Billion National Disaster Resilience Competition

NDRC blog post

On June 22, HUD Secretary Julián Castro invited 40 communities  to compete in the second and final phase of the National Disaster Resilience Competition. These finalists—representing areas that have been declared natural disasters by the President in recent years—will compete for $1 billion in funding for disaster recovery and long-term community resilience.  See here for a full list of finalists. Continue reading

June 29, 2015

Baltimore’s Regional Approach to Create Opportunity

Photo: Outside view of Baltimore housing development.

Chances are that anything you’ve heard in the news about Baltimore recently has been connected to the civil unrest and the stark economic disparities that have plagued its communities for decades.  These challenges are significant, and overcoming them will require bold action and investment.  The good news is that important work is already happening to expand economic opportunities for the residents of Baltimore. Continue reading