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Douglas Rice, a program advisor in HUD’s Office of Public Housing Voucher Programs, said HUD sees these high failure rates as a “reason for great concern” and acknowledged that local housing ...
Homeowners and renters in central cities and rural areas are more likely than homeowners and renters in the suburbs to experience severe or moderate housing problems. Of those with severe housing problems, 20% more were in central cities and 10% more were located in rural areas than in suburban areas.
The Columbus Metropolitan Housing Authority failed to ensure all Section 8 housing met quality standards, according to a new HUD audit.
A critique in the Du Bois Review (2004) by Arline Geronimus and J. Phillip Thompson calls the Moving to Opportunity study "politically naive". [11] Their study theorizes that moving a family into a higher income neighborhood might solve immediate, direct health risks (for example clean water, less crime) however the loss of social integration, stress factors, and racially influenced ...
The Dodd-Frank Wall Street Reform and Consumer Protections Act created a firewall between lenders and the appraisal process following the 2008 housing and financial crisis."
The Housing and Urban Development Act of 1992 established an affordable housing loan purchase mandate for Fannie Mae and Freddie Mac, and that mandate was to be regulated by HUD. Initially, the 1992 legislation required that 30 percent or more of Fannie's and Freddie's loan purchases be related to affordable housing.
According to HUD spokesperson Vanessa Krueger, the Biden Administration’s recent budget proposal would add more than $30 billion to the housing choice voucher program, which would cover ...
1934 The National Housing Act of 1934, part of the New Deal, makes more affordable housing and home mortgages. It creates the Federal Housing Administration (FHA) (later United States Department of Housing and Urban Development, HUD) and the Federal Savings and Loan Insurance Corporation. 1938 Fannie Mae is founded by the government under the ...
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