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Know What To Do When Buying Real Estate

Know What To Do When Buying Real Estate

Preparing to buy a piece of real estate can be an exciting decision…and a nerve-wracking one.  Some folks have made a tremendous amount of money through real estate purchases, but the opportunity for financial ruin is also possible without a thorough understanding of factors involved in real estate. If you are shopping for real estate, 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
Competition Announced To Designate Promise Zones

Competition Announced To Designate Promise Zones

WASHINGTON – U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro joined U.S. Department of Agriculture Secretary Tom Vilsack, U.S. Department of Transportation Secretary Anthony Foxx, and Education Secretary Arne Duncan to announce a competition to designate a new round of Promise Zones. These Promise Zones are Read more
DC Agency Announces Bid for Blighted Properties

DC Agency Announces Bid for Blighted Properties

WASHINGTON, DC- The District of Columbia Department of Housing and Community Development announces the release of six solicitations for offers (SFOs) for 27 blighted properties and vacant lots throughout the nation’s capital. Through the SFO process, DHCD is seeking public offers to build development projects that promote vibrant, walkable, Read more
Obama Administration Settlement With Bank of America To Build FHA Fund, Provide Billions In Consumer Relief

Obama Administration Settlement With Bank of America To Build FHA Fund, Provide Billions In Consumer Relief

Washington, DC – The Obama Administration announced an almost $17 billion global settlement with Bank of America. $1 billion of the total settlement amount resolves claims arising from allegations of fraud involving certain Federal Housing Administration (FHA)-insured single-family mortgage loans and a failure to perform under its servicing Read more
Program:  USDA Rural Repair and Rehabilitation Loans/GRANTS

Program: USDA Rural Repair and Rehabilitation Loans/GRANTS

From time to time, Government Deal Funding will highlight programs that are not well known and could benefit you or someone you know.  Keep in mind that eligibility requirements vary constantly and Congressional action may halt programs with little notice. USDA Rural Repair and Rehab Grants Purpose: The Very Low-Income Housing Repair program Read more
CalHFA Expands Programs to Help Low to Moderate Income Californians Purchase Homes

CalHFA Expands Programs to Help Low to Moderate Income Californians Purchase Homes

SACRAMENTO, CA – The California Housing Finance Agency announced a major program expansion to help more low to moderate income California families purchase homes. CalHFA will remove the first-time home buyer requirement on its first mortgage programs to allow more California home buyers to take advantage of the benefits of CalHFA’s affordable Read more
FHFA Announces New HARP Outreach Efforts

FHFA Announces New HARP Outreach Efforts

​Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced it is taking new steps to reach homeowners who could benefit from the Home Affordable Refinance Program (HARP).  FHFA Director Mel Watt will join housing experts and community leaders in a town hall-style meeting at the Woodson Regional Library in Chicago on July 8 Read more
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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
Tips In Real-Estate Negotiations

Tips In Real-Estate Negotiations

Negotiations in real estate deals is all about compromising and agreeing in order to close a transaction.  When negotiating,  the parties should be clear of their own needs, and limitations.  Legal knowledge is important, since the negotiator should be able to identify the legal processes that could be done to achieve the client’s needs. Read more
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