Tag Archives: julian castro

HUD Announces Decline in Veteran Homelessness by Nearly 50 Percent

Homelessness drops 17 percent from January 2015

By Jeff Sorg, OnlineEd Blog

canstockphoto4621755 vietnam vet(August 2, 2016) –  The Obama administration announced the number of veterans experiencing homelessness in the United States had been cut nearly in half since 2010. The data revealed a 17 percent decrease in veteran homelessness between January 2015 and January 2016—quadruple the previous year’s annual decline—and a 47 percent decrease since 2010.

Through HUD’s annual Point-in-Time (PIT) estimate of America’s homeless population, communities across the country reported that fewer than 40,000 veterans were experiencing homelessness on a given night in January 2016. The January 2016 estimate found just over 13,000 unsheltered homeless veterans living on their streets, a 56 percent decrease since 2010. View local estimates of veteran homelessness.

This significant progress is a result of the partnership among HUD, VA, USICH, and other federal, state and local partners. These critical partnerships were sparked by the 2010 launch of Opening Doors, the first-ever strategic plan to prevent and end homelessness. The initiative’s success among veterans can also be attributed to the effectiveness of the HUD-VA Supportive Housing (HUD-VASH) Program, which combines HUD rental assistance with case management and clinical services provided by the VA. Since 2008, more than 85,000 vouchers have been awarded, and more than 114,000 homeless veterans have been served through the HUD-VASH program.

“We have an absolute duty to ensure those who’ve worn our nation’s uniform have a place to call home,” said HUD Secretary Julián Castro. “While we’ve made remarkable progress toward ending veteran homelessness, we still have work to do to make certain we answer the call of our veterans just as they answered the call of our nation.”

###

For more information about OnlineEd and their education for real estate brokers, principal brokers, property managers, and mortgage brokers, visit www.OnlineEd.com.

All information contained in this posting is deemed correct as of the date of publication, but is not guaranteed by the author and may have been obtained from third-party sources. Due to the fluid nature of the subject matter, regulations, requirements and laws, prices and all other information may or may not be correct in the future and should be verified if cited, shared or otherwise republished.

OnlineEd® is a registered Trademark

HUD Awards $1.6 Billion to Fight Homelessness

“A safe, stable home is the foundation for opportunity in all of our lives”

By Jeff Sorg, OnlineEd Blog

HUD-Seal_color3(March 9, 2016) – HUD has announced the awarding of $1.6 billion in grants to distribute to local programs to end homelessness across the United States.

“A safe, stable home is the foundation for opportunity in all of our lives,” HUD Secretary Julián Castro said. “That’s why we’re continuing to challenge communities to deploy proven strategies to help people experiencing homelessness find a place to call home. Through unprecedented partnership among every level of government and private, non-profit and philanthropic organizations, we know this goal is not just aspirational—it’s achievable.”

About 6,400 local homeless housing and service programs across the United States and its territories will receive the funding. The round of funding announced on Tuesday, which is being awarded in the form of Tier 1 Continuum of Care (CoC) grants, supports the Obama Adminstration’s efforts to end homelessness in the United States. HUD announced it will award $300 million in Tier 2 grants this spring to support hundreds more programs.

Visit the HUD interactive US Map for grant recipients by state.

###

For more information about OnlineEd and their education for real estate brokers, principal brokers, property managers, and mortgage brokers, visit www.OnlineEd.com.

 All information contained in this posting is deemed correct as of the date of publication, but is not guaranteed by the author and may have been obtained by third-party sources. Due to the fluid nature of the subject matter, regulations, requirements and laws, prices and all other information may or may not be correct in the future and should be verified if cited, shared or otherwise republished.

HUD & Associated Bank Reach $200 Million Settlement of Redlining Claim

settlement checkWASHINGTON – The U.S. Department of Housing and Urban Development (HUD)on May 26, 2015 announced an agreement with Associated Bank, N.A. (Associated) to resolve a disparate treatment redlining case, one of the largest redlining complaints brought by the federal government against a mortgage lender. At approximately $200 million, it is the largest settlement of this kind HUD has ever reached.

The settlement stems from a HUD Secretary-initiated complaint alleging that from 2008-2010, the Wisconsin-based bank engaged in discriminatory lending practices regarding the denial of mortgage loans to African-American and Hispanic applicants and the provision of loan services in neighborhoods with significant African-American or Hispanic populations. Read the agreement here.

“This settlement sends a strong message that HUD does not tolerate practices that unfairly restrict an equal and open housing market,” said HUD Secretary Julián Castro. “Discriminatory lending practices have too often cut off too many credit-worthy families from the opportunities they need to thrive. This agreement will ensure that more Americans can fulfill their hopes and aspirations.”

Over the next three years, Associated will pay nearly $10 million in the form of lower interest rate home mortgages and down payment/closing cost assistance to qualified borrowers in majority-minority census tracts in the housing market areas of Chicago; Milwaukee; Minneapolis-St. Paul; Racine, Wisconsin; Kenosha, Wisconsin; and Lake County, Illinois. In addition, the bank agrees to:

  • Invest nearly $200 million through increased home mortgage lending activity in majority-minority census tracts in these areas;
  • Provide nearly $3 million to help existing homeowners repair their properties in these predominantly minority communities;
  • Pay $1.4 million to support affirmative marketing of loans in the above census tracts;
  • Commit $1.35 million for community reinvestment and fair lending education and training;
  • Open four loan production offices in majority-minority census tracts (three in the Chicago area and one in the Milwaukee area), subject to regulatory approval, in addition to three branches Associated has opened or is committed to opening in or near majority-minority census tracts in Chicago, Milwaukee, and Racine since HUD’s complaint was filed; and
  • Offer fair housing training to all its employees and agents with substantial residential lending activity within six months and maintain a second level review process for all denied residential loans.

Background

HUD’s Assistant Secretary for Fair Housing and Equal Opportunity filed a disparate treatment fair housing complaint alleging that between 2008 and 2010, Associated Bank discriminated on the basis of race and national origin regarding the denial of mortgage loans to qualified African-American and Hispanic applicants and the provision of loan services in majority-minority census tracts. HUD’s analysis of Associated Bank’s mortgage lending activity indicated that, compared to other mortgage lenders, Associated made few loans in majority-minority census tracts in five metropolitan areas in Illinois, Wisconsin, and Minnesota, but did make loans in nearby predominantly white tracts.

The Fair Housing Act makes it unlawful to discriminate in the terms, conditions, or privileges of sale of a dwelling because of race or national origin. The Act also makes it unlawful for any person or other entity whose business includes residential real estate-related transactions to discriminate against any person in making available such a transaction, or in the terms or conditions of such a transaction, because of race or national origin.

Homelessness Continues to Decline But U.S. Still Has 50,000 Homeless Veterans

(c)CanStock Photo(WASHINGTON – U.S. HUD) – U.S. Housing and Uban Development Secretary Julián Castro announced HUD’s latest estimate of homelessness in the U.S., noting a continued general decline and specifically among veterans and persons living on the street. HUD’s 2014 Annual Homeless Assessment Report to Congress finds that there were 578,424 persons experiencing homelessness on a single night in 2014. This represents an overall 10 percent reduction and 25 percent drop in the unsheltered population since 2010, the year the Obama Administration launched Opening Doors, the nation’s first comprehensive strategy to prevent and end homelessness.

“As a nation, we are successfully reducing homelessness in this country, especially for those who have been living on our streets as a way of life,” said Castro. “There is still a tremendous amount of work ahead of us but it’s clear our strategy is working and we’re going to push forward till we end homelessness as we’ve come to know it.”

Key Findings

On a single night in January 2014, state and local planning agencies reported:

  • 578,424 people were homeless representing an overall 10 percent reduction from January 2010.
  • Most homeless persons (401,051 or 70 percent) were located in emergency shelters or transitional housing programs while 177,373 persons were unsheltered.
  • Veteran homelessness fell by 33 percent (or 24,837 persons) since January 2010. On a single night in January 2014, 49,993 veterans were homeless.
  • Chronic or long-term homelessness among individuals declined by 21 percent (or 22,937 persons) since 2010.
  • The number of families with children experiencing homelessness declined 15 percent (or 11,833 households) since 2010. The number of unsheltered families fell 53 percent during that same time period.
  • The number of unaccompanied homeless youth and children was relatively unchanged overall, at 45,205. There was a 3 percent decrease in those who were unsheltered.

Read more on homeless data reported on a state and community level.

###

For more information about OnlineEd and their education for real estate and mortgage brokers, visit www.OnlineEd.com.

This article was published on September 18, 2014. All information contained in this posting is deemed correct and current as of this date, but is not guaranteed by the author and may have been obtained by third-party sources. Due to the fluid nature of the subject matter, regulations, requirements and laws, prices and all other information may or may not be correct in the future and should be verified if cited, shared or otherwise republished.

HUD Awards $38 Million To Fight Housing Discrimination

stop discrimination (Jeff Sorg, OnlineEd) – Funded through HUD’s Fair Housing Initiatives Program (FHIP), the US Department of Housing and Urban Development (HUD) has awarded $38.3 million to over 100 fair housing organizations and other non-profit agencies to address housing discrimination.

“Ending housing discrimination is at the core of HUD’s mission and it takes dedicated people on the ground to address it,” said HUD Secretary Julián Castro. “These funds support community-based organizations that do great work every day on the front lines in the fight for fairness and equality in our nation’s housing market.”

HUD’s Assistant Secretary for Fair Housing and Equal Opportunity Gustavo Velasquez added, “The Fair Housing Initiatives Program provides the only federal grant support to private fair housing enforcement and education. Dispersed throughout the country, these grants enable our partner agencies to stand beside us in the fight against housing discrimination, and we couldn’t do it without them.”

 ###

For more information about OnlineEd and its Fair Housing and other education for real estate and mortgage brokers, visit www.OnlineEd.com.

This article was published on October 16, 2014. All information contained in this posting is deemed correct and current as of this date, but is not guaranteed by the author and may have been obtained by third-party sources. Due to the fluid nature of the subject matter, regulations, requirements and laws, prices and all other information may or may not be correct in the future and should be verified if cited, shared or otherwise republished.