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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: Department of Housing and Urban Development

Department of Housing and Urban Development stories: 6 news summaries

Fed Housing Policy Shift:
Rent, Don't Own

Jackhammers Bush "ownership" policy

(Newser) - In a major housing policy shift, President Barack Obama will steer billions of economic stimulus dollars to create tens of thousands of federally subsidized rental units in American cities, reports the Boston Globe. The $4.25 billion initiative is a stark departure from former president George Bush's push to create... More »

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Barack Obama housing George W. Bush Department of Housing and Urban Development housing policy

FEMA Will Sell Katrina Trailers to Occupants for $1

Obama administration announces housing plan for victims

(Newser) - Nearly 4 years after Hurricane Katrina hit, the federal government is bringing its assistance program for displaced victims to a close by essentially giving residents the 1,800 mobile homes it has loaned out, the Washington Post reports. Occupants can buy their units for $1 or $5, depending on the... More »

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Hurricane Katrina Louisiana FEMA mobile home FEMA trailers Department of Housing and Urban Development

ANALYSIS

City-Friendly Trail Talk Hasn't Translated

Obama has right ideas, urban activists say, needs more action

(Newser) - Unlike his immediate predecessors, President Obama is a pretty citified guy, and has ignited hope among urban-policy experts. Obama has made promising appointments, tweaked policy in city-friendly ways, created a new White House Office of Urban Affairs. But, advocates tell Salon, how federal government deals with cities is a tough... More »

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Barack Obama cities urban planning Department of Housing and Urban Development Obama administration President Obama

NYC Housing Chief Named to Obama Cabinet

HUD secretary nominee served in Clinton administration

(Newser) - President-elect Obama has chosen New York City housing commissioner Shaun Donovan as the next secretary of housing, the New York Times reports. Donovan, an expert on affordable housing, held senior posts in the Clinton Department of Housing and Urban Development before taking the New York job, for which he runs... More »

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Cabinet housing crisis Department of Housing and Urban Development President Obama Shaun Donovan

Clinton Housing Chief Paved the Way for Risky Loans

How American Dream Became Economic Nightmare

(Newser) - The top housing chief of the Clinton administration helped launch a major financing wave that transformed the American dream of homeownership into reality for thousands of people—whether they could afford it or not, reports the New York Times. From his post, Henry Cisneros loosened mortgage restrictions for first-time buyers,... More »

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White House Bill Clinton foreclosure mortgage housing Department of Housing and Urban Development financial crisis financial meltdown Henry Cisneros

 Study: Homeless Numbers Drop

First study to count homeless over a full year finds numbers down 15% in '07

(Newser) - The number of chronically homeless Americans fell by 15% last year, a study has found. The survey is the first to track homelessness over a full year, the Los Angeles Times reports. Homeless advocates argue that the promising numbers may in part be due to different counting methods—and that... More »

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housing homeless poverty USA housing crisis Department of Housing and Urban Development

6 Stories