December 17, 2013

Grand Opening Follows Historic Renovation

Community Housing of Maine (CHOM) recently celebrated the opening of their 68th property in Maine,the historic renovationof Elm Terrace in walkable downtown Portland. Elm Terrace is home to 38 units of affordable workforce and family housing. Rents are set so that they will be affordable to people in the local workforce in many sectors including retail and sales, […]

December 13, 2013

Annual Report to Congress Shows Progress

Written by:

Today, the HUD released its Fiscal Year (FY) 2013 Annual Report to Congress on the Financial Status of the Mutual Mortgage Insurance (MMI) Fund, which reports the results of an independent actuarial evaluation of the Fund. According to the independent actuary, the Fund has gained $15 billion in value and now stands at an economic net worth […]

December 6, 2013

Four Years Later: Sustainable Communities, Job Creation and Shared Knowledge

It’s hard to believe that more than four years have gone by since the creation of the Partnership for Sustainable Communities. In 2009, President Obama gave HUD, DOT and EPA the directive to work together to create strong, sustainable communities by connecting housing to jobs, fostering economic development, and helping to build a clean energy […]