February 12, 2013

Attractive, Affordable Housing Making a Difference in Atlanta

Written by:

The City of Atlanta is successfully restoring the Edgewood neighborhood to its former beauty while incorporating green building design through HUD’s Neighborhood Stabilization Program (NSP).  The goal of the program is to stabilize communities that have suffered from foreclosures and abandonment.  Now, with the assistance of NSP, Edgewood is in the midst of a community […]

cont
January 18, 2012

City Sells First Neighborhood Stabilization Program Home

Three years ago, the City of Elgin, Illinois was awarded $2.16 million in Neighborhood Stabilization Funds to buy, renovate and sell properties in distressed housing markets.  Today, the City sold one of its first properties to a first-time home owner. Elizabeth Femal recently became a first-time home buyer, and the first person to purchase one […]

cont
December 6, 2011

Investments and Results in the Latino Community

Written by:

Last week, Secretary Donovan provided the key note address at the 7th Annual conference of the  National Association for Latino Community Asset Builders (NALCAB) and highlighted the Obama Administration’s investments in Latino communities and organizations. These investments have helped create jobs, stabilize home prices in neighborhoods hard hit by the housing crisis and helped thousands of […]

cont