March 18, 2016

Celebrating Women’s History Month at Smithsonian’s Museum Day Live!

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Women’s History Month is always a time to pause and remember all the pioneering women of the past who have made immeasurable contributions in board rooms, classrooms, communities, and beyond.  It’s also a time for our nation to look ahead, and ensure we are doing everything we can to invest in young girls today so that they are ready to lead tomorrow. Continue reading

March 7, 2016

Measuring Progress in the Housing Market

Photo: new affordable homes.

Our most recent housing scorecard provides a closer look at the recovery of our nation’s housing market and the success of the Administration’s programs. While important progress is being made, American families and homeowners continue to recover from the Great Recession. The latest data show progress among key indicators including a strong momentum in existing home sales, an increase in home values – to the highest levels since December 2007 – and a decline in foreclosures.

Here’s a closer look back at some of our progress: Continue reading

March 3, 2016

A Day in the Life: Office of Housing, Jackson, Mississippi

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Welcome to another edition of our series, A Day in the Life, which will introduce you to HUD employees and highlight the important work they do.

Today we meet Jennie Chambers-Jones in the Jackson, Mississippi Field Office. Jennie is a team member of the office that handles the portfolio of multifamily properties that are privately owned and have rental subsidy contracts with HUD. Continue reading

February 17, 2016

The Recovery Act, Seven Years Later

Photo: house with foreclosure  sign.

Seven years ago, this country was in the grips of the most serious economic crisis since the Great Depression.  As our housing and financial markets were in full retreat, President Obama and the Congress passed the American Recovery and Reinvestment Act of 2009, an economic stimulus package designed to keep America working and to stop the bleeding in our economy. Continue reading

February 8, 2016

Measuring Progress in the Housing Market

Photo: Row of homes.

HUD’s January Housing Scorecard takes a deeper look at the recovery of our nation’s housing market at the end of 2015. As we look back, we witnessed notable progress among key indicators: a surge in new home sales, a revival in existing home sales, and a drop in mortgage delinquencies. While our housing market is on a healthy trajectory, it’s clear we must continue to support programs that help more Americans recover from the Great Recession. Continue reading