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Public Meeting to Address Columbia Heights ProjectWashington Post, United States - 5 hours agoUnder HUD guidelines, the funding may be used for activities related to financing, purchase and rehabilitation of abandoned and foreclosed homes, ...

Detroit City Council debates plans for $47M in federal fundsDetNews.com, MI - Nov 17, 2008Michigan, which has a foreclosure rate of 7.1 percent, will receive a total of $261 million from HUD, including $25.9 million for Wayne County, ...

City working to upgrade homes, keep people living in themDearborn Press and Guide, MI - Nov 18, 2008The allocation for NSP funding is based on a methodology developed by HUD, which allocated NSP funds directly to recipient communities and counties if ...

Critics blast Flint's plan to use much of new federal housing ...The Flint Journal - MLive.com, MI - Nov 14, 2008HUD spokesman Brian Sullivan said there is no cap on allocating money for demolitions, and federal rules were designed to give communities flexibility. ...

'Underwater' Need Not Mean ForeclosureWall Street Journal - Nov 4, 2008In response to concerns about rising foreclosure and delinquency rates, federal regulators are studying possible new programs aimed at needy homeowners. ...

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