Housing

May 27, 2009 -- FRANKFORT, Ky. -- Kentucky Governor Steve Beshear, along with Kentucky Housing Corporation (KHC) Chief Executive Officer Richard L. McQuady, and Kentucky Interagency Council on Homelessness (KICH) Chair Kentucky Sen. Gerald Neal, today announced that Kentucky has applied for more than $18.5 million for a new program to provide rental assistance and services to prevent people from becoming homeless and to help those who are experiencing homelessness.

On Feb. 17, 2009, President Obama signed the American Recovery and Reinvestment Act of 2009, which includes $1.5 billion for the Homelessness Prevention and Rapid Re-Housing Program. In Kentucky, this program is called Kentucky’s Housing and Emergency Assistance Reaching The Homeless (KY HEARTH) Program.    » read more »

May 26, 2009 -- BISMARCK, N.D .- Federal aid in housing grants, disaster loans and direct federal assistance mission assignments now stands at $42.7 million, the Federal Emergency Management Agency reported today. As part of the $42.7 million, FEMA has obligated $24.48 million in 46 Mission Assignments to other federal agencies, including $15 million to the U.S. Army Corps of Engineers for removing temporary flood protection measures, such as earthen levees, sandbags and flood protection products.    » read more »

May 22, 2009 -- WASHINGTON – As part of the Obama Administration's effort to create jobs and ease pressures on the housing market, the U.S. Department of the Treasury today announced more than $330 million in American Recovery and Reinvestment Act (Recovery Act) funding to spur the development of affordable housing units in Kansas, Michigan, Ohio, Wisconsin, and Puerto Rico. The Department of Housing and Urban Development (HUD) also announced $83 million for housing development in Ohio. The announcements come just three months after the Recovery Act was signed into law on February 17.    » read more »

May 21, 2009 -- Washington - AARP Executive Vice President Nancy LeaMond applauded President Obama for signing the mortgage relief bill but warned that too many older homeowners still stand at risk of foreclosure. Following is her statement:

“The mortgage relief bill voted out of Congress and signed by President Obama offers some hope for some homeowners, but Congress has yet to give many older homeowners a sensible, affordable and sustainable way to workout their mortgage debt that also takes their other household debt into account. Nine in ten older Americans say they want to stay in their homes for as long as possible, but AARP research shows that even at the end of 2007, a quarter of all foreclosures or delinquencies were on mortgages held by Americans age 50+.    » read more »

Funds made available through the American Recovery and Reinvestment Act which passed earlier this year

May 22, 2009 -- WASHINGTON — U.S. Senators Debbie Stabenow (D-MI) and Carl Levin (D-MI) announced today that the Michigan State Housing Development Authority (MSHDA) has been awarded $78,310,613 in American Recovery and Reinvestment Act (ARRA) funding through the Department of Treasury. The funding will support the construction or acquisition and rehabilitation of rental housing for low-income families and individuals throughout the state.    » read more »

Seeks to Add Homebuyer Tax Credit to Supplemental

May 20, 2009 -- WASHINGTON – U.S. Senator Johnny Isakson, R-Ga., today introduced an amendment to the Fiscal Year 2009 Supplemental Appropriations bill that seeks to stimulate the nation’s declining housing market by expanding the current $8,000 homebuyer tax credit to include all individuals who purchase a home in the next year.    » read more »

Leads Bipartisan Effort to Help Americans Afford Better Housing

May 22, 2009 -- Washington, D.C. – U.S. Senator Russ Feingold is leading a bipartisan effort to help give American families more access to affordable housing. In a letter to Senate appropriators, Feingold and 17 of his Senate colleagues called for an increase in funding for the Section 8 Housing Choice Voucher Program.    » read more »

May 19, 2009 -- WASHINGTON - Senator Joe Lieberman (ID-CT) last week announced the release of $7,579,126 to help eliminate dangerous lead-based paint from low-income homes and protect young children from lead poisoning in Connecticut. The funds were released by the Department of Housing and Urban Development as a part of the American Recovery and Reinvestment Act.    » read more »

Funding will help protect Hoosier children, keep homes safe from lead paint and other hazards

Washington – Senator Evan Bayh today announced that Indiana will receive more than $7.4 million in economic recovery funds from the Department of Housing and Urban Development to keep Hoosier children safe by removing lead-based paint in homes and preventing other common health hazards.

The City of Gary and Elkhart County will each receive three million dollars in Lead Based Paint Hazard Control grants, a program that safely removes lead-based paint from privately-owned and low-income housing. Lead ingestion poses a serious health risk, including stunted growth and kidney damage, to children under the age of six.    » read more »

Grants to protect children, create healthy housing and create jobs

May 15, 2009 -- WASHINGTON - Following a tour of the Esperanza Community Housing Corporation in South Central Los Angeles, Vice President Biden today announced that the U.S. Department of Housing and Urban Development is making nearly than $100 million in Recovery Act funding available to help eliminate dangerous lead-based paint and other health and safety hazards from low-income homes.

HUD's grants will help 53 local programs in 20 states and the District of Columbia to protect young children from lead poisoning and create jobs. To view a summary of local programs funded through the Recovery Act, visit HUD's website.    » read more »

May 15, 2009 -- OLYMPIA – Washington Governor Chris Gregoire today signed House Bill 1216, which funds key construction projects statewide.

“The capital budget I am signing today will support more than 13,000 jobs at its peak,” Gregoire said. “These jobs are critical in helping our state recover from the economic downturn. At the same time, the investments build the infrastructure needed to keep Washington at the forefront of the 21st century economy.”

The 2009–11 capital budget invests $3.3 billion in construction projects throughout the state and includes funds to:
• Support K-12 school construction
• Provide adequate housing for inmates
• Construct adequate facilities for college students
• Protect the environment    » read more »

Just Over Two Months after Release of Program Guidelines, Homeowners Realizing Relief under Administration Plan Join Secretaries to Share Personal Stories

May 14, 2009 -- WASHINGTON - With the Making Home Affordable (MHA) program delivering much-needed relief to homeowners and to our economy just over two months after the release of program guidelines, Treasury Secretary Tim Geithner and Housing and Urban Development (HUD) Secretary Shaun Donovan today provided an update on the program's impact on stemming the housing crisis and keeping families in their homes and announced new options for homeowners facing foreclosure.    » read more »

Foreclosure protection offered to displaced families in 10 counties

May 14, 2009 -- WASHINGTON - U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to 10 storm-ravaged counties in Mississippi and provide support to homeowners and low-income renters forced from their homes following severe storms, flooding, and tornadoes in March.    » read more »

May 14, 2009 -- TRENTON - New Jersey Governor Jon S. Corzine today signed an Executive Order creating the Atlantic City Regional Implementation Group for Housing and Transportation (AC RIGHT). The purpose of the new group is to coordinate and facilitate the implementation of transportation infrastructure and workforce housing projects necessitated by casino resort development in Atlantic City.    » read more »

May 12, 2009 -- Mississippi Governor Haley Barbour and the Gulf Coast Community Foundation (GCCF) today announced a unique low and moderate income housing rehabilitation partnership funded through the state’s $5.4 billion Hurricane Katrina Recovery Fund.

“Geared toward those Hurricane Katrina victims who can’t afford to repair or replace their home, this initiative is another example of how our state is using our federally appropriated Katrina recovery dollars to leverage the knowledge and resources of locally based organizations,” Governor Barbour said.    » read more »