HUD ANNOUNCES UNPRECEDENTED ASSISTANCE FOR ALABAMA, MISSOURI STORM VICTIMS STORM VICTIMS

WASHINGTON, DC – August 16, 2011 – (RealEstateRama) — U.S. Housing and Urban Development Secretary Shaun Donovan announced today that HUD will provide assistance to families affected by this spring’s catastrophic tornadoes in Joplin, MO, and central Alabama, by entering into an unprecedented purchase agreement to sell real estate owned properties (REO) to public housing authorities in the affected areas


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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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