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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
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
City of Freemont offering Funds ($8m) for Creation of Affordable Housing

City of Freemont offering Funds ($8m) for Creation of Affordable Housing

The City of Fremont (City) is announcing a Notice of Funding Availability (NOFA) for the creation of affordable rental housing in Fremont. Approximately $8.0 million in funding is available to support predevelopment, acquisition and construction or rehabilitation of affordable housing.  The funding is intended to fill the financing gap between Read more
BREAKING:  Fannie & Freddie To Fund Housing Trust and Capital Magnet Funds

BREAKING: Fannie & Freddie To Fund Housing Trust and Capital Magnet Funds

​​​The Federal Housing Finance Agency (FHFA) today directed Fannie Mae and Freddie Mac to begin setting aside and allocating funds to the Housing Trust Fund and the Capital Magnet Fund pursuant to the Housing and Economic Recovery Act of 2008 (HERA).   HERA authorized FHFA to temporarily suspend these allocations, and FHFA informed Fannie Read more
USDA Announces $29 Million to Provide Housing for Farmworkers

USDA Announces $29 Million to Provide Housing for Farmworkers

Agriculture Secretary Tom Vilsack announced recently that USDA is investing $29 million to provide affordable housing for farm laborers and their families. “Housing is often the first step on the road to more economic prosperity for farmworker families,” Vilsack said. “These loans and grants will significantly improve the lives Read more
HUD & VA Team Up To Help 9,000 Homeless Vets

HUD & VA Team Up To Help 9,000 Homeless Vets

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced more than $62 million to help more than 9,000 homeless veterans find permanent supportive housing.  The rental assistance announced today is provided through the HUD-Veterans Affairs Supportive Housing Read more
New Innovation District in Detroit to Spur Neighborhood Job Growth, Support Local Entrepreneurs

New Innovation District in Detroit to Spur Neighborhood Job Growth, Support Local Entrepreneurs

DETROIT–The establishment of a new Innovation District in Detroit will be a catalyst for new jobs and small business growth throughout the city, Mayor Mike Duggan announced today.  The announcement comes on the heels of a report released Monday by the Brookings Institution outlining how formalized Innovation Districts can facilitate new Read more
Commercial Real Estate Investing

Commercial Real Estate Investing

The financial industry greats will be the first to tell you that real estate investing has the potential to bring in serious profits. They will also gleefully inform you that the risks in some cases far outweigh the potential, especially if they are among the more cautious investors in the industry. Those who have made [...] Read more