April 13 · Industry News »
Reinventing Community Development Could Begin With 47 Properites
Urban Essex County, New Jersey, one of the hardest hit areas in the state by the ongoing foreclosure crisis, could be the laboratory for an ostensible reinvention of community development, as a local CDC there announced today the successful acquisition of 47 mortgages on troubled properties with an eye toward high-impact neighborhood stabilization in some of the state’s oldest suburban communities. more
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New Consolidated Plan Better Supports Community Investment Decisions
Mercedes Márquez, HUD's assistant secretary for community and planning development, outlines changes to HUD's Consolidated Plan. These changes are intended to streamline the application process, making it easier to comply with requirements. In addition, the expanded data and new mapping tool will serve as resources in analyzing local need and targeting strategies to address local challenges.


National Housing Institute