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The Department of Housing and Urban Development (HUD) was created in 1934 and is the federal agency responsible for national policy and programs that address the housing needs of Americans, improve and develop the Nation's communities, and enforce fair housing laws. HUD is committed to increasing homeownership, particularly among minorities, creating affordable housing opportunities for low-income Americans, supporting the homeless, elderly, people with disabilities and people living with AIDS. The Federal Housing Administration (FHA) is a division within HUD that issues mortgage loan insurance to assist in the purchase or refinance of homes.



HUD Secretary Donovan Applauds Senator Landrieu, U.S. Senate for Adoption of GO Zone Tax credit Extension ..Learn more about this news item.
WASHINGTON - U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan issued a statement today following the United States Senate's adoption of an amendment extending the Gulf Coast Opportunity Zone (GO Zone) Low Income Housing Tax Credit (LIHTC) placed in service date by two years, to December 31, 2012. Donovan and Treasury Secretary Timothy Geithner sent a letter to U.S. Senator Mary Landrieu earlier this week, expressing the Administration's support of the amendment she sponsored and was adopted today. To learn more, use the link.
HUD Charges New York Landlords with Discriminating Against Veteran with Disabilities ..Discover more information on this subject.
WASHINGTON - The U.S. Department of Housing and Urban Development today announced that it is charging two Poughkeepsie, New York-area landlords with violating the Fair Housing Act for allegedly refusing to allow a Vietnam-era veteran suffering from Post-Traumatic Stress Disorder to have a therapeutic service dog in his apartment. In addition, HUD's charge contends that the landlords, Gerald and Patrick Paribelli, who manage and own the Apartment Buildings of South Street Builders, Inc., in Highland, NY, retaliated against the veteran by threatening to evict him because he filed a housing discrimination complaint. Find out more about this topic. Go to the link.
HUD Advances Fight Against Loan Modification Scams ..Click here to read more of this article.
WASHINGTON - The U.S. Department of Housing and Urban Development, in partnership with the Loan Modification Scam Prevention Network, today announced the launch of PreventLoanScams.org. If you find this of interest, please read the full feature.
Donovan and Reid Announce $1.3 Million to Help Las Vegas and Clark County Stabilize Neighborhoods Grappling With Foreclosures ..Find out more on this topic. Click here.
WASHINGTON - U.S. Housing and Urban Development Secretary Shaun Donovan and Nevada Senator Harry Reid today announced up to $1.3 million in emergency technical assistance to help reverse the effects of foreclosure and abandonment in certain neighborhoods in the City of Las Vegas and Clark County. The unprecedented aid announced today is funded through the American Recovery and Reinvestment Act and is part of the Obama Administration's plan to help communities hardest hit by the downturn in the housing market. Find out more about this topic. Go to the link.
Ted Tozer Sworn In As President of the Government National Mortgage Association ..Discover more information on this subject.
WASHINGTON - Ted Tozer was sworn in today as the President of the Government National Mortgage Association (Ginnie Mae). Tozer will be responsible for ensuring Ginnie Mae safely guarantees the principal and interest payments on mortgage-backed securities (MBS) backed by loans insured or guaranteed by the FHA, VA, HUD's Office of Public and Indian Housing, and the USDA's Rural Development Housing and Community Facilities Programs. Jump to this feature by clicking the title.