News

WASHINGTON, DC - September 7, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today a $20,000 settlement with Land Home Financial Services (LHFS) to resolve allegations the lender violated the Fair Housin...

WASHINGTON, DC - September 4, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging a Gibsonton, FL, homeowners association and its Tampa-based former management company with violating...

WASHINGTON, DC - September 4, 2012 - (RealEstateRama) -- To help ensure families protect their children from lead poisoning, the U.S. Department of Housing and Urban Development (HUD) today announced new Guidelines on how to identify and control lead-based paint and related hazards in housing, and to help property owners, government agencies, and private contractors sharply reduce childhood exposure to lead without unnecessarily increasing the cost of renovation. This second edition of the Guidelines replaces the 1995 edition.

WASHINGTON, DC - August 31, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Mississippi and provide support to homeowners and low-income re...

WASHINGTON, DC - August 28, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced a commitment to insure a mortgage loan to St. John’s Lutheran Hospital in Libby, Montana. The $32 million loan is made ...

WASHINGTON, D.C. - August 28, 2012 - (RealEstateRama) -- Preet Bharara, the United States Attorney for the Southern District of New York, Thomas E. Perez, the Assistant Attorney General for the Department of Justice’s Civil Rights Division, and John Trasviña, Assistant Secretary for Fair Housing and Equal Opportunity at the U.S. Department of Housing and Urban Development (“HUD”), announced today that GFI Mortgage Bankers Inc., a large independent home mortgage firm that concentrates on the New York, New Jersey, and Florida markets, will pay $3.555 million to resolve a lending discrimination lawsuit filed by the Department of Justice and the U.S. Attorney’s Office for the Southern District of New York.

WASHINGTON, DC - August 28, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development announced today that nine applicants are finalists to compete for approximately $110 million in 2012 Choice Neighborhoods Implementation grants to transform public and other HUD-assisted housing in targeted neighborhoods.

WASHINGTON, DC - August 24, 2012 - (RealEstateRama) -- A West Virginia woman caring for her brother who has autism knew something was wrong when she tried to rent an apartment in Charleston from landlord Michael Corey in 2009. The landlord demanded th...

WASHINGTON, Dc - August 23, 2012 - (RealEstateRama) -- Since its inception, the nation’s Low-Income Housing Tax Credit (LIHTC) Program helped produce more than 2.2 million affordable apartments, accounting for roughly one-third of all multi-family rental housing constructed between 1987 and 2006. A new report by the U.S. Department of Housing and Urban Developmentfinds that after an initial 15-year required ‘affordability period,’ the vast majority of these LIHTC properties remain affordable for working families.

WASHINGTON, DC - August 21, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging the owners and manager of Rainbow Terrace Mobile Home Park in Albert Lea, Minnesota, with violating th...

WASHINGTON, DC - August 16, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Montana and provide support to homeowners and low-income renter...

WASHINGTO, DC - August 16, 2012 - (RealEstateRama) -- Today, the U.S. Department of Housing and Urban Development launched Innovation of the Day, a new online platform that will collect and share innovative practices in affordable housing, community development, and urban planning from around the world. Its purpose is to seek new ideas that can be leveraged not only within HUD, but among other agencies, communities, philanthropic organizations, non-profit agencies, and the public.

WASHINGTON, DC - August 15, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $35 million in grants to public housing authorities, resident associations and non-profit organizations across the U.S. to help public housing residents find jobs and achieve economic and housing independence. The funding will also link the elderly and people with disabilities with supportive services that allow them to maintain independent living and age-in-place. Read more about local impact of HUD’s grant funding.

WASHINGTON, DC - August 9, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it has reached an agreement with Huntsville Utilities in Huntsville, Alabama, settling an allegation that the utility company discriminated against prospective customers based on national origin by requiring that Hispanic applicants apply for residential utility service in person, while offering non-Hispanic applicants the option of applying in person or online. In addition, the company’s application required individuals requesting residential service to provide their Social Security number. Huntsville Utilities provides water, natural gas and electric services to approximately 170,000 households in Huntsville, Madison County and northern Marshall County, Alabama.

WASHINGTON, DC - August 8, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) is charging the owners and managers of Heritage Point Mobile Home Park in Montgomery, Alabama, with violating the Fair Housing Act for refu...

WASHINGTON, DC - August 6, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the July edition of the Obama Administration's Housing Scorecard – a comprehensive...

WASHINGTON, DC - August 6, 2012 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the July edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. Data in the Housing Scorecard show continued signs of recovery as foreclosure starts and completions declined in June, though officials expect activity to increase in the coming months as firms lift delays in foreclosure processing. In addition, the inventory of houses for sale remained low; at current pace, it would take 6.6 months to sell the supply of existing homes on the market and 4.9 months to clear the new homes on the market.

WASHINGTON, DC - August 3, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan and Iowa Attorney General Tom Miller announced today the launch of the National Mortgage Servicing Settlement’s first public servic...

WASHINGTON, DC - August 2, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Minnesota and provide support to homeowners and low-income rente...

WASHINGTON, DC - August 2, 2012 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the District of Columbia and provide support to homeowners and low-income renters forced from their homes due to severe storms last month.