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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
HUD OFFERS NEXT ROUND OF PLANNING GRANTS TO HELP TRANSFORM COMMUNITIES

HUD OFFERS NEXT ROUND OF PLANNING GRANTS TO HELP TRANSFORM COMMUNITIES

Choice Neighborhoods Planning Grants to help communities revitalize distressed areas WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) announced the availability of new funding to help local communities across the country to redevelop severely distressed public and HUD-assisted housing and transform surrounding Read more
Homeowner Bailout? The HARP Program

Homeowner Bailout? The HARP Program

You hear people talking about all the different programs that can get you out of your current mortgage headache, but when you search for the solution…all you get are advertisements!  The government does have a solution, so let’s dig in.. What is the Home Affordable Refinance Program? The Home Affordable Finance Program or HARP is Read more
USDA Helps Rural Businesses Create Jobs and Increase Economic Opportunities

USDA Helps Rural Businesses Create Jobs and Increase Economic Opportunities

PINE RIDGE, S.D.,  Agriculture Secretary Tom Vilsack today awarded nearly $20 million through 385 grants to help support the start-up or expansion of rural small businesses. “These grants will strengthen the economic fabric of our rural small towns and communities by providing capital to small and emerging businesses,” Vilsack said Read more
HUD Makes $1.9B available in Grant Funding

HUD Makes $1.9B available in Grant Funding

WASHINGTON – As part of the Obama Administration’s effort to prevent and effectively end homelessness, the U.S. Department of Housing and Urban Development announced today that it will offer $1.9 billion for fiscal year 2015 to support existing and new homelessness programs. Funded throughHUD’s Continuum of Care (CoC) Homeless Assistance Read more
What is the EB-5 Program?  New Investors Need Your Projects!

What is the EB-5 Program? New Investors Need Your Projects!

Are you looking for ways to find new investors for your project?  What if you could provide something better than a return.  If you have ever been to a GDF seminar, then you know that the three major components to any funding deal are: 1.  Job Creation 2. Provides Economic Development Activities 3.  Shovel Ready [...] Read more
Treasury Announces $3.5 Billion in New Markets Tax Credit Awards to Spur Economic Growth Nationwide

Treasury Announces $3.5 Billion in New Markets Tax Credit Awards to Spur Economic Growth Nationwide

WASHINGTON: In a long awaited announcement several months late, the U.S. Treasury Department’s Community Development Financial Institutions Fund (CDFI Fund) announced more than $3.5 billion in New Markets Tax Credit awards aimed at stimulating investment and economic growth in low-income urban neighborhoods and rural communities nationwide. A Read more
HUD AWARDS $29 MILLION TO 25 LOCAL HIV-AIDS HOUSING PROGRAMS

HUD AWARDS $29 MILLION TO 25 LOCAL HIV-AIDS HOUSING PROGRAMS

WASHINGTON – The U.S. Department of Housing and Urban Development today announced $29 million in grants to help approximately 1,200 extremely low-income persons and families living with HIV/AIDS annually. These grants provide a combination of housing assistance and supportive services for this vulnerable population. In addition to housing Read more
OBAMA ADMINISTRATION ANNOUNCES EIGHT ADDITIONAL PROMISE ZONES TO BUILD COMMUNITY PROSPERITY

OBAMA ADMINISTRATION ANNOUNCES EIGHT ADDITIONAL PROMISE ZONES TO BUILD COMMUNITY PROSPERITY

WASHINGTON – The Obama Administration announced eight additional Promise Zones across the country, including six cities, one rural area, and one tribal community. Promise Zones are high poverty communities where the federal government partners with local leaders to increase economic activity, improve educational opportunities, leverage private Read more
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