WASHINGTON - U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan issued a statement today following the United States Senate's adoption of an amendment extending the Gulf Coast Opportunity Zone (GO Zone) Low Income Housing Tax Credit (LIHTC) placed in service date by two years, to December 31, 2012. Donovan and Treasury Secretary Timothy Geithner sent a letter to U.S. Senator Mary Landrieu earlier this week, expressing the Administration's support of the amendment she sponsored and was adopted today.
WASHINGTON - The U.S. Department of Housing and Urban Development today announced that it is charging two Poughkeepsie, New York-area landlords with violating the Fair Housing Act for allegedly refusing to allow a Vietnam-era veteran suffering from Post-Traumatic Stress Disorder to have a therapeutic service dog in his apartment. In addition, HUD's charge contends that the landlords, Gerald and Patrick Paribelli, who manage and own the Apartment Buildings of South Street Builders, Inc., in Highland, NY, retaliated against the veteran by threatening to evict him because he filed a housing discrimination complaint.
WASHINGTON - The U.S. Department of Housing and Urban Development, in partnership with the Loan Modification Scam Prevention Network, today announced the launch of PreventLoanScams.org.
WASHINGTON - U.S. Housing and Urban Development Secretary Shaun Donovan and Nevada Senator Harry Reid today announced up to $1.3 million in emergency technical assistance to help reverse the effects of foreclosure and abandonment in certain neighborhoods in the City of Las Vegas and Clark County. The unprecedented aid announced today is funded through the American Recovery and Reinvestment Act and is part of the Obama Administration's plan to help communities hardest hit by the downturn in the housing market.
WASHINGTON - Ted Tozer was sworn in today as the President of the Government National Mortgage Association (Ginnie Mae). Tozer will be responsible for ensuring Ginnie Mae safely guarantees the principal and interest payments on mortgage-backed securities (MBS) backed by loans insured or guaranteed by the FHA, VA, HUD's Office of Public and Indian Housing, and the USDA's Rural Development Housing and Community Facilities Programs.
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