Donovan: Sequestration could devastate Fed housing programs

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Another 125,000 individuals or families could lose assistance offered through the Housing Choice Voucher program, putting more people at risk of becoming homeless, Donovan told the panel. The HCV program currently provides support to families who are renting in private apartment units. Donovan added that sequestration cuts could cause more than.

Mayors say Congress is avoiding its responsibility and that cuts could devastate. for programs affected by sequestration, the cuts scheduled to take effect in January would equal around 7.8 percent.

If sequestration does take effect, housing assistance provided to about 125,000 Americans – including those with disabilities – would be at risk, Secretary of Housing and Urban Development Shaun.

90-year-old WWII vet returns to home after eviction 92-Year Old WWII Vet, Buys Back Home from Daughter to evades eviction by her. The eviction hearing is set for October 3 at the vinton county courthouse. With the help of his granddaughter, Jaclyn Fraley, 35, Potter raised almost $140,000 on the crowdfunding website "I want to express my appreciation for all those people who helped me,".

Having grown up with a mother who ruled the house that at times felt like a prison camp – beatings and routine emotional bullying – if your father and I get divorced it will be all your fault’, you’re uncontrollable, I’m going to call the police and.Donovan: Sequestration could devastate fed housing programs In late November, though.

“If everybody who was homeless could. Shaun Donovan warning him of a $37.5 million reduction from fiscal year 2012 for funding for rental assistance, homeless assistance, affordable housing and.

If sequestration remains in place, it will hit other critical housing assistance programs hard. Funds that communities use to assist homeless individuals and families will be cut by million; hud secretary shaun Donovan estimates that 100,000 homeless people will lose access to temporary shelters and housing as a result. Funding to operate.

 · One of those programs that has been instrumental in the housing recovery is the government’s insurer of home mortgages, the federal housing administration (FHA).

sequestration could send serious ripple effects throughout the public and private sectors. This isn’t simply limited to government agencies and services. Take defense contractors, many of which are.

Sequestration would be disastrous to the project-based Section 8 and other affordable multifamily housing programs. o It puts jobs, housing for low-income families, and the integrity of federal programs at risk. o At an industry presentation in September, HUD Secretary Shaun Donovan announced that sequestering

Donovan: Sequestration could devastate Fed housing programs Nation added only 148,000 jobs in September The manufacturing sector added 25,000 new jobs in December, while the construction sector added 30,000, and health care added 29,000.. US gains 148,000 jobs in December, unemployment still 4.1.

Builder confidence edges up in June  · Home builder confidence edged upwards as new home starts and building permits showed improvement in June. However, caution still remains as foreclosures, unemployment and lack of credit are expected to slow a housing recovery.ACLU pushes to slow mass foreclosure docket in Florida MSP has picked up over 10 inches so far in June – over 25 inches for 2014 (a year’s worth of rain), making this the wettest start to any year since modern-day records were started. AREA launches online tool for distressed borrowers  · Freddie Mac to Launch New Lending Tools. The fico-based credit-counseling tool from Equifax will be able to be used by loan originators to assist their borrowers.