U.S. Department of Housing and Urban Development

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For HUD, Tough Choices in 2012

The housing agency devotes 80 percent of its proposed budget to public housing and homeless assistance, cutting funding for block grants. Read more

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Second Round of Neighborhood Stabilization Program Now Underway

Grant agreements from the first round of the Neighborhood Stabilization Program have all been allocated, and the funding process for the highly anticipated second round of the program is now underway. Applicants have until July 17 to compete for a portion of the nearly $2 billion allocated by the American Recovery and Reinvestment Act of 2009 to help stabilize neighborhoods across the country hard-hit by foreclosures. Read more

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