Community Development

U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan ha announced that HUD is awarding $96 million in grants to 15 public housing authorities across the country to make substantial improvements to thousands of public housing units nationwide. The Public Housing Capital Funds being awarded today are provided through the American Recovery and Reinvestment Act of 2009 (Recovery Act) and are specifically designated for public housing transformation, to help redevelop public housing that is blighted and distressing to the surrounding community.Read more

More state and national mortgage news and mortgage press releases:

  1. HUD grants $360 million in Recovery Act funds to support community and economic development In the Obama Administration’s continued effort to stimulate community...
  2. HUD makes $113 available for public housing transformation and community revitalization U.S. Department of Housing and Urban Development (HUD) Secretary Shaun...
  3. HUD awards over $1 billion in Recovery Act funds to jump-start affordable housing construction sites in 26 states U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan has...
  4. HUD announces $2.25 billion in Recovery Act funds now at work U.S. Housing and Urban Development Secretary Shaun Donovan today...
  5. NAHB delvers testimony on Hill: Appraisal and AD&C problems hampering housing recovery The National Association of Home Builders (NAHB) told Congress...

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