HUD accepts Illinois’ $17 million disaster recovery plan
WASHINGTON, DC - September 10, 2009 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today accepted a $17.3 million plan from the State of Illinois to support its recovery following last year's devastating floods. The emergency funding is provided through HUD's Community Development Block Grant (CDBG) Program and will help Illinois to buyout homes and support local infrastructure projects located in flood-prone areas.Full article: HUD accepts Illinois’ $17 million disaster recovery plan ...
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- The American Institute of Architects Partners with Broadcastr to Deliver Geo-Targeted Architectural Content to Mobile Devices
Washington, D.C. - May 16, 2012 - (RealEstateRama) -- The American Institute of Architects (AIA) is partnering with Broadcastr on a project that will raise public awareness of architectural accomplishments, elevate appreciation of the profession, and provide reasoning behind design.
- Architecture Billings Index Reverts to Negative Territory
Washington, D.C. - May 16, 2012 - (RealEstateRama) -- After five months of positive readings, the Architecture Billings Index (ABI) has fallen into negative terrain. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the April ABI score was 48.4, following a mark of 50.4 in March. This score reflects a decrease in demand for design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 54.4, down from mark of 56.6 the previous month.
- Homelessness stems from a lack of affordable housing. Increasing rents, destruction of traditional low-income housing, and cuts in federal housing programs threaten affordable housing with extinction.
WASHINGTON, D.C. - May 16, 2012 - (RealEstateRama) -- The foreclosure and economic crisis significantly increased homelessness and the number of families at risk of homelessness in cities and counties across the nation.
- HUD MAKES AVAILABLE $85 MILLION TO FUND HOUSING FOR EXTREMELY LOW-INCOME PERSONS WITH DISABILITIES
WASHINGTON, DC - May 16, 2012 - (RealEstateRama) -- Today, the U.S. Department of Housing and Urban Development makes $85 million available to state housing agencies to provide affordable supportive housing for extremely low-income persons with disabilities.
- Housing Mortgage Market Reform Key to Housing Recovery
WASHINGTON, DC - May 16, 2012 - (RealEstateRama) -- A sustainable housing recovery requires that policymakers move forward with the difficult decisions regarding the future of the mortgage market. That's according to Federal Reserve Board Governor Elizabeth Duke, who spoke to Realtors® at a joint Real Estate Services and Regulatory Issues Forum—Prescriptions for Housing Recovery session today during the
- Housing Will Play a Major Role in Presidential Election, Say Leading Political Insiders
WASHINGTON, DC - May 16, 2012 - (RealEstateRama) -- Housing and the economic recovery will play a large part in deciding the outcome of the 2012 presidential election, according to public policy experts at today's Legislative and Political Forum during the Realtors® 2012 Midyear Legislative Meetings & Trade Expo. Former Republican National Committee Chairman Michael Steele, leading Democratic strategist Celinda Lake, and National Economic Council Director Gene Sperling provided their unique insights into issues affecting the long-term direction of the country.
- April Housing Starts Rise 2.6 Percent From Upwardly Revised Rate
WASHINGTON, D.C. - May 16, 2012 - (RealEstateRama) -- Nationwide housing production gained 2.6 percent from an upwardly revised pace in March to hit a seasonally adjusted annual rate of 717,000 units in April, according to newly released figures from the U.S. Census Bureau and HUD. This modest gain was seen in both the single- and multifamily sectors, which registered growth of 2.3 percent and 3.2 percent, respectively.
