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Speaking at a Florida fundraiser recently, GOP presidential candidate Mitt Romney hinted he might eliminate the Department of Housing and Urban Development (HUD) and dramatically restructure the Department of Education if he becomes president.
The former Massachusetts governor and presumptive Republican nominee made his remarks at a closed-door event in the backyard of a private home. Romney spoke in detail about possible plans for HUD, which was led by his father...
On March 19, two brothers of a former Los Angeles Housing Authority official charged in an elaborate scheme to steer construction contracts to family-controlled companies pleaded guilty. According to the U.S. attorney's office, the two brothers had earlier pleaded not guilty to conspiracy charges, but changed their pleas.
Fitch Ratings recently downgraded the following Philadelphia Housing Authority and the Redevelopment Authority of the City of Philadelphia capital fund bonds:
$85 million Philadelphia Housing Authority capital fund program (CFP) revenue bonds, series A of 2002—to AA- from AA; and
$65 million Redevelopment Authority of the City of Philadelphia capital fund program revenue bonds series B of 2002 and series C and D of 2003—to AA- fr...
Iowa Senator Charles Grassley is calling on HUD to launch an investigation into the Providence Housing Authority (PHA) after accusations were made by an employee.
Last month, a PHA executive administrative officer sent a 37-page complaint that includes allegations of “serious misconduct, fraud, and perhaps criminal activity,” as well as sexual harassment by the agency's executive director, to the Mayor's office and various agencies, including t...
The Ohio Housing Finance Agency's (OHFA) Office of Affordable Housing Research (OAHR) recently announced the launch of an assessment study to examine the health impact of a proposed policy change to reduce the frequency of physical inspections in the State of Ohio.
The head of the Ansonia Housing Authority in Connecticut had been collecting rent from a Section 8 unit he owned, in direct conflict with housing authority regulations, according to a spokesperson for the New England office of HUD.
On Feb. 3, HUD issued a final rule requiring equal access to housing in HUD programs without regard to sexual orientation, gender identity, or marital status. The final rule is published as “Equal Access to Housing in HUD Programs—Regardless of Sexual Orientation or Gender Identity,” and the rule will take effect on March 5, 2012.
Deutsche Bank Americas Foundation and Living Cities, a nonprofit partnership of 22 foundations and financial institutions, commissioned a new study that shows that the practice of retrofitting buildings with energy-conserving technology can significantly reduce spending on fuel and electricity.
Six states have worked out an understanding with HUD to reduce duplicate inspections of affordable housing units. The states hope that by cutting back on repetitive housing inspections, those resources can go toward providing more affordable housing. The agreement is part of the Obama administration's goal of streamlining federal rental policy.
A justice of Massachusetts' highest court recently approved a request from the state to put the Chelsea Housing Authority under receivership following the resignation of its executive director and governing board.
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