HUD moves to tackle homelessness amid COVID-19

Local governments are hastening to come up with solutions to the growing risk of homelessness during the COVID-19 pandemic. This week, the U.S. Department of Housing and Urban Development said it would provide $2.96 billion in emergency grants to help homeless Americans, as well as those at risk of becoming homeless due to hardship caused

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Trump resolves to make housing more affordable

U.S. President Donald Trump is turning his attention to the affordable housing problem. He’s just signed an executive order to setup a “White House Council” that will be tasked with “identifying and removing barriers hindering the development of affordable housing”, HousingWire reported. What that means is the president is trying to “tear down the red

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Ben Carson targets single-family zoning laws

Red tape surrounding single-family zoning is one of the main obstacles in the way of providing more affordable housing, U.S. Housing and Urban Development Secretary Ben Carson has said. During a presentation in Minnesota this week, the secretary pointed to Minneapolis as a prime example of a city addressing homelessness by eliminating single-family zoning. Carson

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HUD to donate $47 million for grants to housing counselors

Some $47 million of funding has been earmarked by the U.S. Department of Housing and Urban Development to go towards providing housing counseling grants. The money will be used to help around one million low income households avoid foreclosure or find new housing. HUD Secretary Ben Carson announced the new funding initiative, saying that HUD-approved housing

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HUD plans tougher limits on reverse mortgages

Reverse mortgages could be about to lose their sheen after the Department of Housing and Urban Development said it will increase premiums and tighten loan limits

President Trump vows to increase American home ownership

President Donald Trump has pledged to strengthen America’s middle class by eliminating some of the rules and regulations, and cutting certain taxes that he believes are preventing them from buying their homes.

Senate approves former presidential candidate Ben Carson as new HUD secretary

A U.S. senate committee has voted unanimously to approve former Republican party presidential candidate Ben Carson as the new secretary of the Department of Housing and Urban Development.

Trump picks former rival Ben Carson as next HUD Secretary

Incoming President Donald Trump has chosen his former Republican Primaries rival, the retired neurosurgeon Ben Carson as the next Secretary of Housing and Urban Development.

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