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Audit shows US housing agency faces $16.3B losses (UPDATE)

Published: November 16, 2012
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A federal agency that insures mortgages for millions of low- and middle-income borrowers is facing losses of $16.3 billion and might require taxpayer support, according to an independent audit released Friday.

New lead program spurs work for contractors, but it comes with a price tag (access required)

Published: August 17, 2012
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A Milwaukee program designed to reduce lead in city housing is providing work for local contractors willing to become certified.

HUD sets agency pay caps

Published: June 5, 2012
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The Obama administration is clamping down on excessive pay at public housing authorities, setting caps that extend and expand limits imposed by Congress.

US budget blueprint could shake developer financing (access required)

Published: April 3, 2012
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Developers around the country are watching closely to see if Congress closes the nation’s budget deficit and delivers tax cuts by ending subsidies they have used to build housing and workplaces.

Milwaukee gets $1.2M grant from HUD to expand community center

Published: February 2, 2012
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The city of Milwaukee has received a federal grant worth $1.2 million to expand a community center that will provide employment and education services.

Home sales up, but earlier market weaker than reported

Published: December 21, 2011
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The number of Americans who bought previously occupied homes rose last month. But the National Association of Realtors said it overstated more than 3 million sales during and after the Great Recession, showing the housing market was weaker than previously thought.

Construction to resume on Milwaukee apartment project (access required)

Published: November 25, 2011
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Wangard Partners Inc., developer of the 1910 on Water property in Milwaukee, announced Friday that construction of the 68-unit luxury apartment project will resume next week.

HUD program offers aid to avert foreclosures

Published: July 8, 2011
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MILWAUKEE (AP) — Wisconsin homeowners who are at risk of foreclosure have two more weeks to apply for assistance through a federal program. Eligible homeowners can qualify for an interest-free loan up to $50,000. The money would be used to pay a portion of their monthly mortgage for up to two years. The deadline to [...]

Milwaukee gets federal money to clean lead paint

Published: February 16, 2011
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MILWAUKEE (AP) — Milwaukee’s health department will get federal money to help clean up lead paint from homes. The U.S. Department of Housing and Urban Development awarded the city $4.5 million to expand its current efforts with lead hazards and provide lead reduction in an additional 900 housing units. The money is part of a [...]

State gets $6 million for businesses affected by ’08 floods

Published: December 8, 2010
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Gov. Jim Doyle on Wednesday announced that Wisconsin has received $6 million from the U.S. Department of Housing and Urban Development through its Community Development Block Grant Program. The money is for businesses affected by the June 2008 flooding. The application deadline is Jan. 7. The Department of Commerce has already awarded $21 million for [...]

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