WASHINGTON – U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD is proposing new regulatory requirements under its HOME Investment Partnerships Program (HOME). HOME is the largest federal block grant to state and local governments designed exclusively to produce affordable housing for low-income families. Since 1992, the HOME Program has successfully assisted more than one million affordable homes for lower income families.
Housing News
November 4, 2011
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.
November 3, 2011
State Updates
Patrick-Murray Administration and Legislature Support Supplemental Budget to Address High Demand for Emergency Shelter and Short-Term Rental Assistance
Since launching reforms to change the Commonwealth’s response to homelessness, over 2,500 families have sought access to Emergency Assistance or HomeBase, the Commonwealth’s new alternative to shelter, each month. Approximately 38% of these families have been deemed eligible to receive benefits. Neither program is budgeted to meet that level of demand.
November 2, 2011
Please click here to read CHAPA's letter.
A summary of the FY2012 budget Senate and House proposals can be found here.
November 1, 2011
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.
October 31, 2011
Click here to download Mark Zandi's special report, "Improved HARP Will Expand Refinancing, Boost Recovery."
October 31, 2011
Please click here to download the policy paper, "Ending Homelessness among Older Adults and Elders through Permanent Supportive Housing."
October 26, 2011
Please click here to download CHAPA's summary of 2011 housing trends in Massachusetts.
October 26, 2011
Please click here to download Senate President Murray's speech.
October 24, 2011
Please click here to read the full announcement.