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Report Recommends Improvements to Federal Agencies’ Delivery of Affordable Housing

The White House Rental Policy Working Group released its administrative proposals for alignment of federal rental programs. The report outlines a proposition to reduce costs, improve program efficiency and effectiveness, and better serve low-income renter households through greater management ... read more...

HUD Releases Proposed HOME Program Rule

HUD recently published a new proposed rule for the HOME Investment Partnership Program intended to amend program regulations, address operational challenges, and update program property standards, while clarifying existing requirements and establishing new requirements to improve program ... read more...

New Castle County Department of Community Services Annual Public Meeting

Yesterday I attended the New Castle County annual public meeting held by the Department of Community Services, Community Development and Housing Division.  The meeting started off with an overview of its consolidated Plan 2010-2011 Annual Performance Report and a summary of the Impediments to ... read more...

Proposed Regulatory Improvements to the HOME Investment Partnerships Program

The U.S. Housing and Urban Development (HUD) is proposing new regulatory requirements for the HOME Investment Partnerships Program to boost the program’s performance and accountability. The HOME Investment Partnerships Program provides approximately $2 billion to states and localities to ... read more...

Appropriations Minibus Bill Passed in Senate

By a vote of 69 to 30, the United States Senate passed the appropriations minibus bill, H.R. 2112, which contains the FY2012 spending bills for Agriculture, Commerce-Justice-Science (CJS), and Transportation, and Housing and Urban Development (T-HUD).  The bill includes significant cuts to the ... read more...

Senators Questioning How Real Estate Owned (REO) Properties will be Managed to Stabilize Housing

A group of senators are asking questions about the Request for Information (RFI) issued in August by the Federal Housing Finance Agency (FHFA), the Department of Housing and Urban Development (HUD) and the Department of the Treasury regarding proposals on managing real estate owned (REO) ... read more...

The U.S. Department of Housing and Urban Development (HUD) Announces Self-Help Homeownership Opportunity Program (SHOP) Grantees

The U.S. Department of Housing and Urban Development (HUD) issued $26.6 million in grants through the Self-Help Homeownership Opportunity Program (SHOP) to four organizations. The grants will allow for the creation of 1,477 homes for low-income homebuyers. The Self-Help Homeownership ... read more...

October Delaware State Council on Housing (COH) Public Session

The monthly Delaware State Council on Housing (COH) meeting was held at the Liberty Court community building in Dover, Delaware.  Here are the agenda and September 14, 2011 meeting minutes. The Loan Review Committee recommended the following Housing Development Fund (HDF) requests which were ... read more...

Request for Public Review and Comment of the Draft Substantial Amendments to Delaware’s Neighborhood Stabilization Program 2 (NSP2) Action Plan

The State of Delaware through the Delaware State Housing Authority (DSHA) is requesting public review and comment of the draft amendments to the Neighborhood Stabilization Program 2 (NSP 2) Action Plan. Authorized by the American Recovery and Reinvestment Act of 2009, the U.S. Department of ... read more...

Termination of the Emergency Homeowners Loan Program

The Emergency Homeowners Loan Program (EHLP), administered by the Department of Housing and Urban Development (HUD) to help homeowners avoid foreclosure by providing a forgivable loan of up to $50,000, ended on September 30, 2011. The $1 billion federal program authorized by the Dodd-Frank Wall ... read more...