Items Tagged with 'U.S. Department of Housing and Urban Development'

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California lenders reach settlement with HUD over unfair lending charge

American Financial Network to pay Hispanic man $5,000
A Hispanic man filed a fair housing complaint against several California lenders. Now, these lenders have agreed to pay the man as well as install new fair lending training programs for their staff. HUD explained that today’s action "reflects our nation’s promise of fair housing and equal access to credit for every qualified individual, regardless of their national origin."
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An inside look at Ben Carson’s listening tour

Meets with community groups in Dallas
HUD Secretary Ben Carson’s latest stop on his listening tour landed right in HousingWire’s own backyard – Dallas, Texas. While Thursday’s focus was more on Carson’s speech to the community, the secretary said very little on Friday. Instead, he listened to community organizations on the programs they implemented. Here is an inside look at what happened during the tour.
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New home sales surge, beat expectations in February

Median home prices fall
New home sales surged in February, beating out expectations. However, even as home sales rose and inventory tightened, the median home price fell for the second consecutive month. In fact, new homes aren’t the only sales to see a relief in rising homes prices.
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Ben Carson promises to take care of housing’s most vulnerable

Expected budget cuts may be coming to HUD
After President Donald Trump announced his budget proposal which would slash funding for the U.S. Department of Housing and Urban Development by $6.2 billion, HUD Secretary Ben Carson voiced his support of the action. However, Carson promised in an interview with Fox News this new funding cut would not hinder the department’s purpose, and that the most vulnerable will be taken care of.
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New Louisiana program to help 2016 flood victims find a home

Louisiana Housing Heroes dedicates rental housing to families in need
Louisiana Housing Heroes, a new initiative from the state’s governor, the U.S. Department of Housing and Urban Development and Louisiana Housing Corp., seeks to help victims of 2016’s floods find affordable rental housing. The state’s governor asks all owners and managers of rental housing to help citizens who were displaced.
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Exclusive with former HUD Secretary Julián Castro: Trump budget will create more homeless veterans

Castro gets candid: "There's no vision here"
Julián Castro served as secretary of the U.S. Department of Housing and Urban Development from 2014 to 2017 under former President Barack Obama. In an exclusive interview with HousingWire, Castro explains his concerns with the proposed $6.2 billion in budget cuts to HUD. In his words, "There’s no vision here. It’s almost like a cartoon cutout of an ideologue’s conception of the budget." From homeless veterans to small towns, these are the areas he says will be the hardest hit.
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Trump officially proposes to slash HUD budget by $6.2 billion

Here are programs getting a cut and getting a boost
President Donald Trump officially announced his budget proposal, which included the much-feared $6.2 billion cut to HUD funding. The Office of Management and Budget released a report that shows exactly what programs will be slashed, and which will not, in the new budget proposal.
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