by iwd Tina | Jun 20, 2011 | Housing News
Washington Post – The Obama administration will soon inherit a $35 billion federal housing agency that was a weak backbencher during the housing crisis and moved too late to do much to keep millions of families from going into foreclosure.
Beyond the pressing crisis, the Department of Housing and Urban Development also has dramatically retreated in the past eight years from its mission of fostering affordable housing. Pushing homeownership has been the agency’s top priority under the Bush administration, and HUD’s budget for public housing for low-income families has been cut year after year.
Please click here to read the full article from the Washington Post.
by iwd Tina | Jun 20, 2011 | Housing News
HUD Secretary Shaun Donovan provided details of the FY2010 budget at a briefing on May 7. Enterprise participated in the briefing and has updated its HUD budget chart.
Read Enterprise’s budget summary and HUD budget chart.
Read the Center on Budget Policy and Priorities’ (CBPP) summary here.
by iwd Tina | Jun 20, 2011 | Housing News
Please click here to read the New England Housing Network’s latest Budget and Legislative Priorities.
by iwd Tina | Jun 20, 2011 | Housing News
This week the President signed into law an omnibus appropriations act for 2009. This law provides 2009 funding for most federal agencies, including affordable housing and community development programs administered by HUD.
Please click here to read the summary of the bill.
by iwd Tina | Jun 20, 2011 | Housing News
Enterprise Communities has prepared summaries of changes to the second Neighborhood Stabilization Program:
Click here to read a summary of NSP2 NOFA Program Changes.
Click here to read a summary of NSP2 NOFA Competitive Application Requirements.