WASHINGTON- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the October edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. The latest housing data offer continued mixed signals as new home sales rose compared to August, but were still slightly down from the prior year. Mortgage defaults and foreclosure sales continued a downward trend as more homeowners were able to secure mortgage relief.
Housing News
State Updates
Patrick-Murray Administration and Legislature Support Supplemental Budget to Address High Demand for Emergency Shelter and Short-Term Rental Assistance
Please click here to read CHAPA's letter.
A summary of the FY2012 budget Senate and House proposals can be found here.
The legislation provides $21 million for Emergency Assistance and $18 million for HomeBase. It prevents eligibility changes to Emergency Assistance through regulatory or policy changes and prohibits access to HomeBase rental assistance for families that apply after Oct. 28th.
Click here to download Mark Zandi's special report, "Improved HARP Will Expand Refinancing, Boost Recovery."
Please click here to download the policy paper, "Ending Homelessness among Older Adults and Elders through Permanent Supportive Housing."
Please click here to download CHAPA's summary of 2011 housing trends in Massachusetts.
Please click here to download Senate President Murray's speech.
Please click here to read the full announcement.
Please click here to read the full report.