NYC Targets Unsold Condos, Stalled Projects
UNSOLD CONDOMINIUMS, unrented apartments, and stalled construction sites will be turned into affordable housing under a new program launched by the New York City Department of Housing Preservation and Development (HPD).
The Case for Preservation
One of the best arguments for preserving affordable housing emerges out of the wreckage left by the housing and financial crisis.
HUD Dream Team
Shaun Donovan has taken over the Department of Housing and Urban Development (HUD) in the midst of a housing crisis that saw 1.5 million properties fall into foreclosure in the first half of the year, a doubledigit increase from the first six months of 2008.
Addressing the Changing Landscape
Developers and owners have been hit hard over the last year with a struggling lowincome housing tax credit market and troubled fi- nancial markets.
Henriquez Becomes Assistant Secretary for Public Housing
One of the first tests for Sandra Henriquez and other officials at the Department of Housing and Urban Development (HUD) has been to respond to a critical Sec. 8 funding shortfall in many communities.
HUD May Get More Money
Congress seems poised to approve a fiscal 2010 Department of Housing and Urban Development (HUD) appropriations bill (H.R. 3288) that provides more money for key programs than the Obama administration requested.
CHICAGO The Chicago Housing Authority recently celebrated the re-opening of the Flannery Senior Apartments, which underwent an 18-month, $16 million renovation after a devastating fire.
OAKLAND, CALIF. The Ã©clat that accompanied BRIDGE Housing's opening of a transformational new transit village a stone's throw north of the West Oakland Bay Area Rapid Transit station reached a high point in October 2004.
HUD No Longer a Dud
WASHINGTON, D.C. When I arrived here as an eager college graduate in 1979, I had a case of Potomac Fever. I believed the federal government was a force for good, and I wanted to help all those smart people shape policy and save the world.
BROOKLYN, N.Y. To keep hundreds of apartments at Spring Creek Gardens affordable, developers had to fight off a string of speculators who saw an opportunity to raise the rents.