Promise Zones build on several programs that were begun during Obama’s first term – a multiagency strategy called the Neighborhood Revitalization Initiative (NRI). That initiative combines Choice Neighborhood grants funded by HUD, Promise Neighborhood grants from the Department of Education, and the Department of Justice’s Byrne Criminal Justice Innovation program.
Twenty-two Promise Zones were selected through three rounds of national competition. The U.S. Department of Housing and Urban Development (HUD), oversees 14 urban Promise Zones, and the U.S. Department of Agriculture (USDA) oversees 8 rural and tribal Promise Zones.
Virginia woman gets five years in prison for short sale scams Alight Mortgage Lending application picked up by two mortgage companies On a 25-year mortgage, it’s a best buy for loans. Other lenders offer longer terms that last five or even seven years meaning that you could save on interest by locking in. You won’t be able to get.Charise Stone, 46, Ashburn, Virginia, was sentenced to 60 months in prison, followed by three years of supervised release for her role in a real estate short sale scheme that included tax and mortgage fraud, and passing fraudulent financial documents. Stone was also ordered to forfeit $721,552, and ordered to pay restitution of $2,441,174 to the victim financial institutions and the IRS.Fitch: Even in new forms, GSE risk-sharing bonds remain strong BofA Could Cover Unemployed Borrower Mortgages for 9 Months “During Q4 2018, Berkshire Hathaway’s (BRK.A, BRK.B) 13F stock portfolio value increased ~9%, from $183B to $199B. The top five positions account for ~64% of the portfolio: Apple Inc. (AAPL), Bank of.Other underwriting income, which is primarily related to older gse credit risk-sharing transactions receiving derivative accounting treatment, was $3.9 million for the 2019 first quarter, compared to $3.4 million for the 2018 first quarter. Losses and Loss Adjustment Expenses.Moody’s predicts tougher times for some homebuilders But economists say tougher times are still ahead. Believing consumers are cutting back even more right now, they predict a much larger economic. the most since the first quarter of 2002. And.
Fact Sheet: President Obama’s Promise Zones Initiative For decades before the economic crisis, local communities were transformed as jobs were sent overseas and middle class americans worked harder and harder but found it more difficult to get ahead.
Obama Administration Launches Second Promise Zone Competition to Create Economic Opportunity in High-Poverty Communities. HUD and USDA intend to name at least eight Promise Zones in this round, including urban, rural, and tribal communities. The deadline for submitting Promise Zone applications is November 21, 2014.
HUD Announces the Winner of the 2015 IAH Competition. The graduate student team from New York University (NYU) is the winner of HUD’s second annual Innovation in Affordable Housing Student Design and Planning Competition. The NYU team developed a plan for the redevelopment of a senior affordable housing high-rise in Houma, Louisiana.
U.S. Department of Housing and Urban Development (HUD) Secretary Julin Castro and U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced that communities may now apply to be designated a Promise Zone under the third and final round competition. promise zones are high-poverty communities where the federal government partners.
The promise was never fulfilled. casino in the City of Homes and are in competition with developers with proposals for West Springfield and Palmer for a single license in Western Massachusetts. For.
Kelly or give $100,000 back to woman who posted his bail » By mid-June, seven weeks after the announcement. the Obama administration rejected the mergers on antitrust grounds, saying they would.
"The tone is a marked shift from a few months ago when the Trump administration began ratcheting up threats. to the price controls and high tariffs that protect them from foreign competition. But.