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.
Published: August 17, 2012
Tags: A & G Services, Department of Health Services, Department of Housing and Urban Development, Jeff Raiche-Gill, lead abatement, Lead Hazard Reduction Assistance Program, Mary Anderson, Ofelia Mondragon, Social Development Commission
A Milwaukee program designed to reduce lead in city housing is providing work for local contractors willing to become certified.
The Obama administration is clamping down on excessive pay at public housing authorities, setting caps that extend and expand limits imposed by Congress.
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.
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.
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.
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.
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 (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 [...]
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 [...]