(Washington Post) — A federal audit has questioned more than $10 million in spending by the District’s housing agency, prompting the return of $1.6 million of Housing and Urban Development grant funds. In a report released Dec. 23 after examining the city’s financing of a long-delayed affordable housing project, its use of federal funds for […]
10 HBCUs awarded multi-million dollar fund to develop communities.
(Black Web 2.0) — While the debate continues on whether or not it’s truly evil, Google is busy tipping the scales in favor of good. Google has created an $86 million Low-Income Housing Tax Credit fund. The monies will be a major source of funding for the construction of 480 rental housing units located in seven […]
(New York Times) —The Department of Housing and Urban Development said today that it would take complaints from individuals who believe they have been harmed by the practices of certain lenders who may have illegally denied mortgages because applicants were pregnant or on short-term disability. HUD may pursue the matter on behalf of individuals if the […]
(washingtonpost.com) — Former Housing and Urban Development secretary Alphonso Jackson, who resigned amid allegations that he steered business to friends, is no longer the target of a federal investigation, his attorneys said Monday. Read More…