WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the second edition of the Administration’s Housing Scorecard showing that, thanks in part to interest rates continuing at all-time lows, home affordability in the U.S. remains near the most attractive levels in 10 years. In addition, for the first time, the report now tracks the impact of HUD’s Neighborhood Stabilization Program (NSP), which has spurred local investment and is beginning to make affordably-priced homes available to consumers.
Housing News
June 21, 2011
Boston, MA - July 20, 2010 - Today, the Warren Group released data that shows the number of completed foreclosures increased over 56 percent in the first six months of 2010 compared to a year earlier. Foreclosure deeds, which are recorded when a property has been foreclosed on, rose from 4,742 for the first half of 2009 to 7,431 during the same time period in 2010. Without further action to stem home losses, the Commonwealth is on pace to set a new record for foreclosures completed in a year – more than 14,860 households are on pace to lose their homes in 2010.
June 21, 2011
Years without accountability for Wall Street and big banks brought us the worst financial crisis since the Great Depression, the loss of 8 million jobs, failed businesses, a drop in housing prices, and wiped out personal savings.
The failures that led to this crisis require bold action. We must restore responsibility and accountability in our financial system to give Americans confidence that there is a system in place that works for and protects them. We must create a sound foundation to grow the economy and create jobs.
June 21, 2011
Moving ahead without a completed budget agreement, the House Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies (T-HUD) approved its FY11 appropriations bill on July 1. The T-HUD Subcommittee bill would provide $46.579 billion in discretionary funds for HUD, over $1 billion more than the President’s request. The bill passed the Subcommittee by a voice vote.
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June 21, 2011
From HousingPolicy.org - Older adults face an array of housing challenges. Many live in homes that lack accessibility features, are unaffordable or energy inefficient, or are located far from important destinations and amenities. Others need various kind of assistance to maintain their independence and autonomy but cannot afford the supportive services that would allow them to age successfully in a residential environment.
June 21, 2011
Housing Programs FY 2011 June 30, 2010 Budget Analysis
June 21, 2011
Database of Expiring Use Properties in Massachusetts 2010 (PDF file)
Notes to Accompany 2010 Expiring Use Database Community Economic Development Assistance Corporation
June 21, 2011
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June 21, 2011
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