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HUD Awards $1.9 Billion for Public Housing Repairs
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
HUD Awards $1.9 Billion for Public Housing Repairs
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
HUD Awards $1.9 Billion for Public Housing Repairs

July 13, 2011 (Shirley Allen)

The Secretary of the U.S. Department of Housing and Urban Development (HUD), Shaun Donavan, announced more than $1.9 billion in funds to public housing authorities in 50 states, the District of Columbia, Guam, Puerto Rico, and the U.S. Virgin Islands.

As part of HUD’s Capital Fund Program, which provides annual funding to public housing authorities, the funds may be used to repair, renovate, and/or modernize public housing with such improvements as new roofs and energy-efficient upgrades to replace old plumbing and electrical systems.

The funding comes on the heels of a recent report released by HUD that estimates that nearly $26 billion was needed to address large scale repair and renovation costs in the nation’s public housing stock.

“While this funding will certainly help housing authorities address long-standing capital improvements, it only scratches the surface in addressing the deep backlog we’re seeing across the country,” said Donovan. “Housing Authorities need nearly $26 billion to keep these homes safe and decent for families, but given our budget realities, we must find other, innovative ways to confront the decline of our public housing stock.”

The study is an update to a previous report from 1998 which had been prepared to address the costs of overdue repairs and improvements at that time.

The new study also found that the total capital needs estimate was approximately $23,365 per unit and that with normal use and aging, each year the units accrue an additional $3,144 per unit in needed repairs and replacements.

The Recovery and Reinvestment Act of 2009 provided $4 billion to help renovate and develop nearly 380,000 units, but the need for a solution to preserve the housing stock remains great.

Tags: HUD, public housing, capital needs, large scale improvements

Source:
HUD

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
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Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
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Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
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July 13, 2011 (Shirley Allen)

The Secretary of the U.S. Department of Housing and Urban Development (HUD), Shaun Donavan, announced more than $1.9 billion in funds to public housing authorities in 50 states, the District of Columbia, Guam, Puerto Rico, and the U.S. Virgin Islands.

As part of HUD’s Capital Fund Program, which provides annual funding to public housing authorities, the funds may be used to repair, renovate, and/or modernize public housing with such improvements as new roofs and energy-efficient upgrades to replace old plumbing and electrical systems.

The funding comes on the heels of a recent report released by HUD that estimates that nearly $26 billion was needed to address large scale repair and renovation costs in the nation’s public housing stock.

“While this funding will certainly help housing authorities address long-standing capital improvements, it only scratches the surface in addressing the deep backlog we’re seeing across the country,” said Donovan. “Housing Authorities need nearly $26 billion to keep these homes safe and decent for families, but given our budget realities, we must find other, innovative ways to confront the decline of our public housing stock.”

The study is an update to a previous report from 1998 which had been prepared to address the costs of overdue repairs and improvements at that time.

The new study also found that the total capital needs estimate was approximately $23,365 per unit and that with normal use and aging, each year the units accrue an additional $3,144 per unit in needed repairs and replacements.

The Recovery and Reinvestment Act of 2009 provided $4 billion to help renovate and develop nearly 380,000 units, but the need for a solution to preserve the housing stock remains great.

Tags: HUD, public housing, capital needs, large scale improvements

Source:
HUD

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

July 13, 2011 (Shirley Allen)

The Secretary of the U.S. Department of Housing and Urban Development (HUD), Shaun Donavan, announced more than $1.9 billion in funds to public housing authorities in 50 states, the District of Columbia, Guam, Puerto Rico, and the U.S. Virgin Islands.

As part of HUD’s Capital Fund Program, which provides annual funding to public housing authorities, the funds may be used to repair, renovate, and/or modernize public housing with such improvements as new roofs and energy-efficient upgrades to replace old plumbing and electrical systems.

The funding comes on the heels of a recent report released by HUD that estimates that nearly $26 billion was needed to address large scale repair and renovation costs in the nation’s public housing stock.

“While this funding will certainly help housing authorities address long-standing capital improvements, it only scratches the surface in addressing the deep backlog we’re seeing across the country,” said Donovan. “Housing Authorities need nearly $26 billion to keep these homes safe and decent for families, but given our budget realities, we must find other, innovative ways to confront the decline of our public housing stock.”

The study is an update to a previous report from 1998 which had been prepared to address the costs of overdue repairs and improvements at that time.

The new study also found that the total capital needs estimate was approximately $23,365 per unit and that with normal use and aging, each year the units accrue an additional $3,144 per unit in needed repairs and replacements.

The Recovery and Reinvestment Act of 2009 provided $4 billion to help renovate and develop nearly 380,000 units, but the need for a solution to preserve the housing stock remains great.

Tags: HUD, public housing, capital needs, large scale improvements

Source:
HUD

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS