On February 1, Secretary Shaun Donovan outlined the FY 2011 HUD budget request to Congress at a briefing for industry groups. In his overview, he noted that a year ago, we were “facing the greatest economic crisis in a generation and an economy on the precipice of a second depression.” The crisis “called for a significant budget infusion to rescue the economy and stabilize HUD’s core programs after years of slow starvation.” But now, he said, we need to reduce the deficit, focus on long term reform of HUD, and because of the federal government’s proposed three-year freeze on domestic spending, do more with less.
Read More >
In September, the Minneapolis Public Housing Authority (MPHA) was awarded three grants totaling $31.8 million from the through $1 billion American Recovery and Reinvestment Act (ARRA) Capital Fund Recovery Competition (CFRC). Here is how they plan to use the funds:Read More >
This neighborhood stabilization program allows public entities to have the first chance to purchase Fannie Mae Real Estate Owned foreclosed properties. For the first 15 days a property is listed for sale, only offers involving public funds will be considered. Participants may also qualify for additional benefits:Read More >
CLPHA Report is published biweekly when Congress is in session. CLPHA is a national nonprofit organization representing the largest public housing authorities in the nation. Committed to sustainable public housing, it provides a forum for developing and promoting innovative and effective approaches in housing development and management. CLPHA develops and analyzes policies that impact the public housing community, researches key trends, and advocates for legislative and regulatory reforms that promote the continued transformation of public housing.Sunia Zaterman