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House Republicans Propose Termination of Foreclosure Programs - February 25, 2011

Submitted by admin on Tue, 06/21/2011 - 6:04am

 

To read the full press release from the House Financial Services Committee, click here.

To read Congressman Barney Frank's response, click here.

NHC Report Shows Housing Affordability Worsening for Working Families - February 24, 2011

Submitted by admin on Tue, 06/21/2011 - 6:04am

An Annual Look at the Housing Affordability Challenges of America’s Working Households

By Keith Wardrip
February 2011

This brief summarizes the key findings of an analysis of housing affordability trends for working households (see sidebar) between 2008 and 2009. The analysis shows that nearly one in four working households spends more than half of their income on housing costs. And despite falling home values, housing affordability worsened significantly for working owners and renters between 2008 and 2009.

HUD Secretary Donovan Names Barbara Fields as HUD'S New England Regional Administrator - February 18, 2011

Submitted by admin on Tue, 06/21/2011 - 6:01am

BOSTON - U.S. Department of Housing and Urban Development Secretary Shaun Donovan today announced President Barack Obama's selection of Barbara Fields to serve as HUD's Regional Administrator for the six states in HUD's New England Region including Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.

Please click here to read the full press release.

Patrick-Murray Administration Pledges $71 Million to Build, Preserve 1,642 Housing Units - February 16, 2011

Submitted by admin on Tue, 06/21/2011 - 6:00am

BOSTON – Wednesday, February 16, 2011 – As part of the Patrick-Murray Administration's ongoing commitment to build strong communities by increasing affordable housing options, creating jobs and expanding economic opportunity, Governor Deval Patrick today pledged $71.37 million in resources from various affordable housing programs to support the construction of 31 rental developments in 21 communities across the Commonwealth. These funds will create an estimated 2,000 construction jobs.

President Obama Releases FY2012 Budget - February 14, 2011

Submitted by admin on Tue, 06/21/2011 - 5:59am

Please click here to review the President's proposed FY2012 budget.

HUD's summary of the budget can be found here.

House Republicans Propose Deep Cuts to HUD Programs for Current Fiscal Year - February 14, 2011

Submitted by admin on Tue, 06/21/2011 - 5:59am

Please click here to review the proposed cuts (HUD numbers can be found on page 18).

Call your Representative now, and urge them to oppose these proposed cuts. Visit the NLIHC Action Alert page for more information.

Treasury and HUD Release Report on Reforming America's Housing Finance Market - February 11, 2011

Submitted by admin on Tue, 06/21/2011 - 5:58am

The original structure of the U.S. housing finance market was put in place nearly eighty years ago. This report lays out the Obama Administration’s plan to reform America's housing finance market to better serve families and function more safely in a world that has changed dramatically since then.

Please click here to read the report.

HUD Reports 20 Percent Jump in "Worst Case Needs" from 2007 to 2009 - February 2, 2011

Submitted by admin on Tue, 06/21/2011 - 5:57am

WASHINGTON – In a report to Congress released today, the U.S. Department of Housing and Urban Development (HUD) found that “worst case housing needs” grew by nearly 1.2 million households, or more than 20 percent, from 2007 to 2009 and by 42 percent since 2001. “Worst case housing needs” are defined as low-income households who paid more than half their monthly income for rent, lived in severely substandard housing, or both.

HUD reports that 7.1 million households paid more than half their income for rent or lived in substandard housing.

HUD Reports 20 Percent Jump in "Worst Case Needs" from 2007 to 2009 - February 2, 2011

Submitted by admin on Tue, 06/21/2011 - 5:57am

WASHINGTON – In a report to Congress released today, the U.S. Department of Housing and Urban Development (HUD) found that “worst case housing needs” grew by nearly 1.2 million households, or more than 20 percent, from 2007 to 2009 and by 42 percent since 2001. “Worst case housing needs” are defined as low-income households who paid more than half their monthly income for rent, lived in severely substandard housing, or both.

HUD reports that 7.1 million households paid more than half their income for rent or lived in substandard housing.

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