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HUD kicks off series of consultations with Native American leaders
Meetings designed to inform future study of housing needs in Indian Country
HUD press release, March 5
WASHINGTON—The U.S. Department of Housing and Urban Development (HUD) kicked off a series of consultations with tribal leaders in preparation for HUD's forthcoming study on the chronic housing needs in Indian Country ... Read more>>
Ups and downs smooth out
Prices predicted to hold steady
By Donna Kimura, Affordable Housing Finance, March
At last, low-income housing tax credit (LIHTC) prices have settled after experiencing some wild swings during the last few years. Twenty out of 23 surveyed syndicators predict that pricing to developers will hold steady through the first half of the year, but several note that the most competitive markets could still see some slight increases. Read more >>
White House highlights housing counselors as Champions of Change
The White House recently honored numerous housing counselors as part of the Champions of Change program, which spotlights advocates who greatly assist communities in need nationwide. Read more>>
Cities name redevelopment successors, but many details nebulous
By Alicia Robinson, The Press-Enterprise, January
Most Inland local governments have determined who will take over the obligations of their redevelopment agencies, but officials said many aspects of what happens next remain unclear.
How and when must they sell property and other assets? Which obligations will be paid? How many redevelopment employees will lose their jobs? Read more>>
Food Stamps as a supplement to income
By Claudia Shay, executive director, Self-Help Housing Corporation of Hawaii
Leilani Weldon, a single mother of two small children, has worked as an educational assistant for the Department of Education for the past six years. She has a limited income of $28,208 per year, and relies on her food stamp benefits to make ends meet. Ms. Weldon has very limited debts, and a FICO score of 764, which is a testament to her ability to manage her household budget very well. Ms. Weldon has been a client of the Self-Help Housing Corporation of Hawaii (SHHCH) since 2000 and dreamed of becoming a homeowner. Read more about using food stamps as supplemental income >>
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