RealEstateRama Authors Posts by HUD
After almost 10 years, the U.S. Department of Housing and Urban Development (HUD) announced today that it returned the Detroit Housing Commission (DHC) to local control from federal receivership effective March 16, 2015. HUD took possession of the DHC in July 2005 because of un-auditable financial records, the distressed physical condition of housing units, significant regulatory compliance deficiencies, and HOPE VI grants that were in default for lack of progress with redevelopment projects
WASHINGTON, DC - September 23, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced a commitment to insure a mortgage loan to Hayes Green Beach Memorial Hospital in Charlotte, Michigan. The $36.6 million loan is made possible through the Federal Housing Administration's (FHA) Section 242 Hospital Mortgage Insurance Program.
GRAND RAPIDS, MI www.hud.gov/news/ The U.S. Department of Housing and Urban Development today presented over $1.1 million to five fair housing organizations to help fight housing discrimination in Michigan. John Trasviña, HUD's Assistant Secretary for Fair Housing and Equal Opportunity, made the grant presentations to Fair Housing Center of Metropolitan Detroit, Fair Housing Center of Southeastern Michigan, Legal Services of Eastern Michigan, and Fair Housing Center of West Michigan (see attached list below for project descriptions)
WASHINGTON, DC - April 9, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced that Washtenaw County, Michigan is being awarded a $250,000 grant to produce 30 new affordable green rental units in Ann Arbor. The County will use Avalon Housing, Inc., an established community-based affordable housing developer, to create these new apartments which will feature a sustainable site design, water-conserving fixtures, energy-efficient appliances/lighting, and environmentally friendly building materials.
Gardenview Estates to bring 833 new housing opportunities, marks neighborhood transformation. DETROIT, MI - September 2, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Assistant Secretary Sandra Henriquez today joins Detroit Mayor David Bing at an 11 a.m. ceremony to welcome the first family into the new Gardenview Estates, an 833-unit mixed-income development that stands at the site of the former Herman Gardens public housing development