HUD SECRETARY DONOVAN ISSUES STATEMENT ON HUD EFFORT TO TRANSFORM RENTAL ASSISTANCE
By HUD -

Washington, DC – May 26, 2010 – (RealEstateRama) — Today U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan testified before the U.S. House of Representatives Committee on Financial Services on The Preservation, Enhancement and Transformation of Rental Assistance Act (PETRA).The multi-year initiative proposed in President Obama’s FY2011 Budget seeks to preserve HUD-funded public and assisted housing, enhance housing choice for residents and streamline the department’s rental assistance programs


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HUD
http://www.hud.gov/

U.S. Department of Housing and Urban Development (HUD) is the nation’s housing agency committed to increasing homeownership, particularly among minorities; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development, and enforces the nation’s fair housing laws.

Contact:

Brian Sullivan
(202) 708-0685

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