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FHA ANNOUNCES MOST SIGNIFICANT IMPROVEMENTS TO DATE FOR DISTRESSED NOTES SALES PROGRAM

FHA ANNOUNCES MOST SIGNIFICANT IMPROVEMENTS TO DATE FOR DISTRESSED NOTES SALES PROGRAM

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) announced that it is making a series of enhancements to the Department’s Distressed Asset Stabilization Program (DASP) that would have purchasers of severely delinquent mortgages offer qualified borrowers principal reductions and protection from “payment Read more
AGENCY AWARDS $75 MILLION TO HELP LOW-INCOME RESIDENTS RECEIVE JOB TRAINING AND EMPLOYMENT

AGENCY AWARDS $75 MILLION TO HELP LOW-INCOME RESIDENTS RECEIVE JOB TRAINING AND EMPLOYMENT

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today awarded $75 million to help families living in public housing and those participating in HUD’s Housing Choice Voucher Program connect with services to further their education, find good jobs, and to set them on a path to self-sufficiency. Funded through Read more
SBA Awards Grants to 21 Organizations To Support Small Business Innovation

SBA Awards Grants to 21 Organizations To Support Small Business Innovation

WASHINGTON – The U.S. Small Business Administration will award up to $125,000 in grants to 16 Federal and State Technology (FAST) Partnership Program recipients including state and local economic development agencies, business development centers, colleges and universities and up to $200,000 in grants to 5 Small Business Technology Development Read more
HUD PROPOSES NEW RULE TO EXPAND CHOICE AND OPPORTUNITY FOR SECTION 8 VOUCHER HOLDERS IN CERTAIN HOUSING MARKETS

HUD PROPOSES NEW RULE TO EXPAND CHOICE AND OPPORTUNITY FOR SECTION 8 VOUCHER HOLDERS IN CERTAIN HOUSING MARKETS

WASHINGTON – More than two million American households depend upon the Housing Choice Voucher (HCV) Program to find suitable affordable rental housing. Yet in some metropolitan areas, the choices these families have about where they live are severely limited, placing high-opportunity neighborhoods out of reach, in part because of the current Read more
HUD & DOJ AWARD $8.7 MILLION TO PREVENT AND END HOMELESSNESS Pay for Success Model to Support Permanent Supportive Housing for the Reentry Population

HUD & DOJ AWARD $8.7 MILLION TO PREVENT AND END HOMELESSNESS Pay for Success Model to Support Permanent Supportive Housing for the Reentry Population

WASHINGTON – For many individuals convicted of minor crimes, finding jobs and decent housing is so challenging that many are at extreme risk of homelessness or reentering the criminal justice system. Today, the U.S. Department of Housing and Urban Development (HUD) and the Department of Justice (DOJ) awarded $8.7 million to address homelessness Read more
USDA Commits $20 Million to Innovative Conservation Projects

USDA Commits $20 Million to Innovative Conservation Projects

Proposals sought for water quality, outreach and conservation finance WASHINGTON – Agriculture Secretary announced the availability of up to $20 million in competitive grants through the Conservation Innovation Grants (CIG) program. The program aims to spark the development and adoption of cutting-edge conservation technologies and approaches Read more
HUD AWARDS $1.6 BILLION FOR LOCAL HOMELESS PROGRAMS

HUD AWARDS $1.6 BILLION FOR LOCAL HOMELESS PROGRAMS

WASHINGTON – U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro today awarded $1.6 billion in grants to provide funding to 6,400 local homeless housing and service programs across the U.S., Puerto Rico, Guam and the U.S. Virgin Islands. The Tier 1 Continuum of Care (CoC) grants announced today support the Obama Read more
USDA Expands Microloans to Help Farmers Purchase Farmland and Improve Property

USDA Expands Microloans to Help Farmers Purchase Farmland and Improve Property

WASHINGTON, DC — Agriculture Deputy Secretary Krysta Harden announced that the U.S. Department of Agriculture (USDA) will begin offering farm ownership microloans, creating a new financing avenue for farmers to buy and improve property. These microloans will be especially helpful to beginning or underserved farmers, U.S. veterans looking for a Read more
Walking by Money for Your Deals: How Funding May Exist in your Back Yard

Walking by Money for Your Deals: How Funding May Exist in your Back Yard

Have you ever been out walking and noticed a dollar on the ground, stepped on it and kept on going?  Perhaps you have done so with a $500 bill?  Think about that for a second but think about walking past a pile of $500 bills. The purpose of this article is to provide you with [...] Read more
Intro to Government Funds

Intro to Government Funds

How Closing with Public Dollars Can Be a Game Changer The purpose of this article is to provide you with some insight into a lesser known world of real estate professionals seeking funds and opportunity from the government.  Imagine investing in real estate deals using “other people’s money”.  Sure, you hear that all the time, [...] Read more

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