HUD Press Releases

• Tue, 21 Feb 2012 12:07:04 +0000: HUD ANNOUNCES $108 MILLION IN INDIAN HOUSING BLOCK GRANTS - HUD Press Releases
  WASHINGTON - The U.S. Department of Housing and Urban Development today announced $108 million in additional Indian Housing Block Grant (IHBG)allocations to 68 tribes in 19 states. Thesefunds are distributed each year based on a formula to eligible Indian tribes or their tribally designated housing entities for a range of affordable housing activities.
• Thu, 16 Feb 2012 12:07:04 +0000: HUD MAKES $95 MILLION IN GRANTS AVAILABLE TO HELP LOW-INCOME FAMILIES RECEIVE JOB TRAINING, GAIN EMPLOYMENT - HUD Press Releases
  WASHINGTON-The U.S. Department of Housing and Urban Development makes $95 million available today through two grant programs that help residents who receive HUD rental assistance get the necessary education and job training to gain employment and increase their income. One of the grant programs also helps senior citizens connect with supportive services to allow them to stay in their home.
• Wed, 15 Feb 2012 12:07:04 +0000: FEDERAL GOVERNMENT SETTLES FRAUD LAWSUIT AGAINST CITIMORTGAGE, INC. FOR RECKLESS MORTGAGE LENDING PRACTICES - HUD Press Releases
  Preet Bharara, the United States Attorney for the Southern District of New York, Helen Kanovsky, General Counsel of the U.S. Department of Housing and Urban Development ("HUD"), and David A. Montoya, the Inspector General of HUD, announced today that the United States has filed, and simultaneously settled, a civil fraud lawsuit against CITIMORTGAGE, INC. ("CITIMORTGAGE"), a subsidiary of CITIBANK, N.A. The Government's Complaint seeks damages and civil penalties under the False Claims Act and the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 ("FIRREA") for over six years of misconduct in connection with CITIMORTGAGE's participation in the Federal Housing Administration ("FHA") Direct Endorsement Lender Program.
• Wed, 15 Feb 2012 12:07:04 +0000: HUD AWARDS $20 MILLION IN TECHNICAL ASSISTANCE TO HELP LOCAL COMMUNITIES STABILIZE NEIGHBORHOODS HARD-HIT BY FORECLOSURE - HUD Press Releases
  WASHINGTON - To improve performance and boost the capacity of state and local governments to implement their federal block grant programs for housing and community development, the U.S. Department of Housing and Urban Development is making nearly $62 million available through the Office of Community Planning and Development's (CPD) OneCPD and Core Curricula Programs. Read HUD's Notice of Funding Availability (NOFA).
• Tue, 14 Feb 2012 12:07:04 +0000: HUD BUDGET CALLS FOR RENEWAL OF SUSTAINABLE COMMUNITIES GRANTS - HUD Press Releases
  WASHINGTON - Today, U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan addressed the National Association of Regional Councils and announced that HUD's fiscal year 2013 budget proposal includes $100 million to fund Regional Planning and Community Challenge Grants. The grants are part of the Partnership for Sustainable Communities, which is an association between HUD, the U.S. Department of Transportation, and the U.S. Environmental Protection Agency joining the federal government with local partners in taking a pragmatic, regional approach to problem solving that supports local leadership, local resources, and local innovation.

• Wed, 22 Feb 2012 17:29:21 +0000: Tozer: Ginnie Mae backs nearly all FHA, VA mortgages - HousingWire
  

  The head of Ginnie Mae said the company increased its role in the mortgage market since the housing bust, backing virtually every new loan guaranteed or insured by major federal housing authorities.

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