by iwd Tina | Jun 21, 2011 | Housing News
According to the Massachusetts Budget and Policy Center, Labor Day 2010 will be a challenging day for working people across America. The nation is in the third year of a terrible economic crisis, one that has claimed a larger percentage of US jobs than any other recession since the Great Depression. Adding to the pain, at 31 months since the latest recession officially began, the US now has regained a far smaller share of those jobs than in past recessions.
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by iwd Tina | Jun 21, 2011 | Housing News
Washington Post – Sen. Christopher J. Dodd (D-Conn.), chairman of the Senate banking committee, introduced a revised bill on Monday to overhaul financial regulation that included compromises forged with Republicans in recent months but fell short of winning endorsement from conservatives, including members in his own party.
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by iwd Tina | Jun 21, 2011 | Housing News
Please click here to view the 2010 income limits from HUD.
by iwd Tina | Jun 21, 2011 | Housing News
Please click here for the proposed rule.
by iwd Tina | Jun 21, 2011 | Housing News
Please click here for more information on the competition.
by iwd Tina | Jun 21, 2011 | Housing News
BOSTON – U.S. Department of Housing and Urban Development Secretary Shaun Donovan today announced President Barack Obama’s selection of Richard A. Walega to serve as the Department’s Regional Director for the six states in HUD’s New England Region including Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.
Walega served as the Deputy Director for Modernization at the New Bedford, Massachusetts Housing Authority from 1993 to 2007 as Assistant Executive Director from 2007 to 2009. Late in 2009, he was named its Executive Director and has been acting in that role since February 1, 2010. He managed capital programs for the authority, led its effort to receive four competitive Recovery Act grants and has been in charge of its transition to asset-based management. He leveraged more than $125 million in federal and state capital aid to modernize public housing and has used his extensive experience in housing finance to oversee the rehabilitation and construction of affordable housing.
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