Topic: Shaun Donovan

HUD awards more than $600 Million in Recovery Act grants to support community development and job growth

September 26, 2009 |

Tennessee to receive over $13.2 million; Clarksville $215,046

Washington – In the Obama Administration’s continued effort to stimulate community development and job growth, U.S. Housing and Urban Development Secretary Shaun Donovan today awarded $620 million to over 500 communities across the country through the American Recovery and Reinvestment Act of 2009 (Recovery Act). To view the list the full list of grantees receiving funding under this program, visit HUD’s Recovery Act website. Tennessee will receive over $13 million (see attached list).

The Recovery Act made available a total of $1 billion through the Community Development Block Grant (CDBG) Program. On July 16th, HUD announced the first round of grants under this program to nearly 700 communities, totaling $360 million. With today’s announcement, all $1 billion are now in the hands of communities, working to create jobs and revitalize neighborhoods.

“Today, I am proud to announce that HUD has moved quickly to obligate more than $10 billion in Recovery Act funds,” said Donovan. “Nearly three quarters of our Recovery Act funds are now available to communities across the country and are being put to work creating jobs, making homes more energy efficient, and strengthening neighborhoods.” «Read the rest of this article»

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HUD announces $360 million in grants for community & economic development nationwide

July 20, 2009 |

First rounds of awards made under the Recovery CDBG program will revitalize neighborhoods and create jobs across the country

WASHINGTON – In the Obama Administration’s continued effort to stimulate community development and job growth, U.S. Housing and Urban Development Secretary Shaun Donovan today announced nearly 700 grants totaling $360 million in funding through the American Recovery and Reinvestment Act of 2009 (Recovery Act). To view the list of grantees receiving funding under this round of grants, visit HUD’s Recovery Act website.

The grants awarded today represent over half of the Recovery Act-funded grants available through the Community Development Block Grant (CDBG) Program, which primarily benefit low- to moderate-income families. CDBG enables state and local governments to undertake a wide range of activities intended to create suitable living environments, provide affordable housing and create economic opportunities. Under the Recovery Act, recipients give priority to prudent responsible that can award contracts through a bidding process within 120 days of the grant agreement. A total of $1 billion will be awarded nationwide by HUD in Recovery Act Community Development Block Grants. «Read the rest of this article»

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HUD announces $113 million available for public housing transformation, community revitalization.

July 15, 2009 |

WASHINGTON – U.S. Department of Housing and Urban Development Secretary Shaun Donovan announced the availability of $113 million in HOPE VI funding today in a keynote address on the future of urban revitalization at the National Press Club during the Brookings Institution’s event, “From Despair to Hope: Two HUD Secretaries on Urban Revitalization and Opportunity.” Donovan joined former HUD Secretary Henry Cisneros in a comprehensive discussion about the HOPE VI revitalization program and the Obama Administration’s proposed Choice Neighborhoods Initiative, which seeks to build on the lessons from HOPE VI and expand urban revitalization beyond public housing. The full text of Donovan’s speech is available here.

“The HOPE VI Program has improved the conditions of low-income communities across this nation,” said Donovan. “However, HOPE VI was developed in response to the concentrated poverty that resulted not in spite of government housing policy in the twentieth century – but often because of it. Now is the time for us to take the lessons learned from HOPE VI, build on the accomplishments, and broaden the scope of the program for broader impact. Today’s funding announcement is the first step toward this new comprehensive approach, because for the first time, we are encouraging housing authorities to incorporate early childhood education components into the HOPE VI planning process.” «Read the rest of this article»

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HUD issues 2008 annual homeless assessment report to Congress

July 13, 2009 |

WASHINGTON – The U.S. Department of Housing and Urban Development today issued its 2008 Annual Homeless Assessment Report to Congress, a national study that explores changes in homelessness nationwide. HUD’s assessment concludes that while overall homelessness in America held fairly steady from 2007 to 2008, the number of homeless families, particularly those living in suburban and rural areas, increased.

In addition to the annual report, HUD Secretary Shaun Donovan announced that HUD will, for the first time ever, begin measuring homelessness on a quarterly basis to gain a better understanding of the impact of the current economic crisis on homelessness. The first “Homeless Pulse Project” for the first quarter of 2009 is now available.

A homeless person

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HUD allocates over $1 billion in to jump-start affordable housing construction in 26 states

July 6, 2009 |

WASHINGTON – U.S. Housing and Urban Development Secretary Shaun Donovan today announced that HUD is approving plans submitted by state housing finance agencies for $1,035,322,485 to jump start affordable housing programs in states throughout the country that are currently stalled due to the economic recession. Funded through American Recovery and Reinvestment Act of 2009 (Recovery Act), HUD’s new Tax Credit Assistance Program (TCAP) will allow 26 state housing finance agencies to resume funding of affordable rental housing projects across the nation while stimulating employment in the hard-hit construction trades.

“The purpose of the American Recovery and Reinvestment Act is to jumpstart the nation’s ailing economy, with a primary focus on creating and saving jobs in the near term,” said Secretary Donovan. “The funding being announced today is an important step in achieving the goal of putting the American people back to work while providing quality, affordable housing options for low-income families at a time when those options are needed more than ever.” «Read the rest of this article»

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First meeting of the U.S. Interagency Council on Homelessness

June 23, 2009 |

Secretary Donovan Elected New Chair of the Council; HUD and VA announce $75 million for HUD-VASH program to provide rental housing and support for homeless veterans

WASHINGTON – The United States Interagency Council on Homelessness (USICH) met today for the first time under the Obama Administration. U.S. Secretary of Veterans Affairs Eric K. Shinseki chaired the meeting, at which U.S. Housing and Urban Development Secretary Shaun Donovan was elected rotating Chair for the upcoming year and U.S. Labor Secretary Hilda Solis was elected Vice Chair. U.S. Health and Human Services Secretary Kathleen Sebelius and Melody Barnes, Director of the White House Domestic Policy Council, attended the meeting.

The mission of the USICH is to coordinate the federal response to homelessness and to create a national partnership with every level of government and the private sector to address homelessness in the nation.

“It is simply unacceptable for individuals, children, families, and our nation’s veterans to be faced with homelessness in this country,” said President Obama. “I am confident that the Interagency Council on Homelessness, under Secretary Donovan’s leadership, will have a renewed focus on coordinating efforts across federal agencies and working closely with our state, local, community-based, and faith-based partners to address these serious issues.” «Read the rest of this article»

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HUD offers $4 million for healthy homes research

June 22, 2009 |

Funding to help improve methods for identifying and controlling housing-related health and safety hazards

WASHINGTON – The U.S. Department of Housing and Urban Development today announced that $4 million is available to improve methods to detect and control lead-based paint, mold and other housing-related safety hazards that harm children. These grants will be awarded competitively to multiple academic and non-profit institutions, State, Tribal or local governments that advance the recognition and control of residential health and safety hazards or improve our understanding of the link between housing and health.

“Anything HUD can do to continue to improve the methods for protecting our children from dangerous home hazards is crucial to American families, their children and their future,” said HUD Secretary Shaun Donovan. “Investing in healthy homes is not only good for health reasons, but good for the environment and the economy as well.” «Read the rest of this article»

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HUD offers $58 million for housing counseling

June 20, 2009 |

Funding to help hundreds of thousands of homeowners, homebuyers and renters find and sustain housing

WASHINGTON – The U.S. Department of Housing and Urban Development today announced that more than $58 million is available for a broad range of housing counseling programs to help families find and preserve housing. The funding is an increase of $11 million, or 23 percent, over last year. These grants will be awarded competitively to hundreds of HUD-approved counseling agencies and State Housing Finance Agencies that offer a variety of services including how to purchase or rent a home, how to avoid foreclosure, how to improve credit scores, and how to qualify for a reverse mortgage.

“Now, more than ever, it is crucial that American families make informed decisions about their housing choices,” said HUD Secretary Shaun Donovan. “These counseling agencies are also vital to the success of the President’s Making Home Affordable Plan which is helping families avoid foreclosure and remain in their homes.” «Read the rest of this article»

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HUD Secretary Donovan and National Fair Housing Alliance roll out media campaign

June 9, 2009 |

HUD and Fair Housing Group Partner to Fight Foreclosures and Discrimination

WASHINGTON- Department of Housing and Urban Development (HUD) Secretary Shaun Donovan and the National Fair Housing Alliance (NFHA) rolled out their national media campaign to fight foreclosures and discrimination.

NFHA and HUD have partnered to create a national media campaign that informs consumers about alternatives to foreclosure, how to avoid predatory loan terms and how to recognize and report rental discrimination. NFHA’s members nationwide, the Leadership Conference on Civil Rights, and other groups will assist with distributing the materials.

“Many families, particularly minorities, have been victims of aggressive and misleading marketing of risky loan products and foreclosure rescue scams,” said HUD Secretary Donovan. “As we implement President Obama’s Making Home Affordable plan to deal with the foreclosure crisis we need to ensure that families in trouble with their mortgages are not hurt a second time with scams. Foreclosure scams are destructive, devastating, and deceptive, and I’m thrilled that the National Fair Housing Alliance, in partnership with HUD is launching an ad campaign to address the fair housing challenges in the foreclosure crisis, including predatory lending and foreclosure scams.” «Read the rest of this article»

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Donovan announces Recovery Act tax credit to help first-time homebuyers to purchase a home

May 31, 2009 |

FHA plan will stimulate new home sales and help stabilize housing market

WASHINGTON – Speaking to the National Association of Home Builders Spring Board of Directors Meeting, U.S. Housing and Urban Development Secretary Shaun Donovan today announced that the Federal Housing Administration (FHA) will allow homebuyers to apply the Obama Administration’s new $8,000 first-time homebuyer tax credit toward the purchase costs of a FHA-insured home. Donovan said that today’s action will help stabilize the nation’s housing market by stimulating home sales across the country.

The American Recovery and Reinvestment Act of 2009 offers homebuyers a tax credit of up to $8,000 for purchasing their first home. Families can only access this credit after filing their tax returns with the IRS. The announcement details FHA’s rules allowing state Housing Finance Agencies and certain non-profits to ‘monetize” up to the full amount of the tax credit (depending on the amount of the mortgage) so that borrowers can immediately apply the funds toward their down payments. Home buyers using FHA-approved lenders can apply the tax credit to their down payment in excess of 3.5 percent of appraised value or their closing costs, which can help achieve a lower interest rate. To read the FHA’s new mortgagee letter, visit HUD’s website. «Read the rest of this article»

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