Tag: shelter-short

(Land) Bank of America?

“What we now have taking place in Cleveland is an ‘REO Race’,” wrote Frank Ford in our Fall/Winter 2009 issue, describing a “tsunami” of...

Bank Fees of a Different Kind

A proposed bank accountability bill in California that had received considerable national attention has suffered something of a set back, but that doesn’t mean...

Massachusetts CDCs

Massachusetts CDCs generated over $1 billion in economic investment from 2007 to 2010 — Massachusetts Association of Community Development Corporations’ annual Growing Opportunities, Assets,...

What’s in Store for PETRA?

At the time it was unveiled last year, the Obama administration’s Preservation, Enhancement and Transformation of Rental Assistance Act, or PETRA (see SF, Summer...

Housing Counseling in Crisis

In April, when the so-called budget compromise for continued FY2011 funding was reached, the entire $88 million HUD Housing Counseling budget was left in...

Fighting for the Trust Fund

When we reported earlier this year on the often-frustrating saga of finding a legislative home for the as yet unfunded National Housing Trust Fund...

A Windfall for Los Angeles Landlords “Burdened” with Rent Control

A Los Angeles councilman says rent control places undue burdens on landlords and proposes a plan to reduce their tax burden.

The Rising Tide of Bank Protests

Despite Dodd-Frank and the Consumer Financial Protection Bureau, distrust for the banking industry in the United States remains palpable, and now we’re beginning to...

Sounding the GSE Death Knell

Last year, then-chairman of the House Financial Services Committee Barney Frank told Shelterforce, regarding Fannie Mae and Freddie Mac, “the model of a private...

NCRC Files Fair Lending Complaints

The National Community Reinvestment Coalition has filed complaints with HUD against dozens of lenders who have set minimum borrower credit scores as high as...

Funding the Fund?

The president has included $1 billion for the National Housing Trust Fund in his FY12 HUD budget, as he did in FY10 and FY11,...

A HOME of a Different Name

In December, the Housing Opportunities Made Equal Act was introduced with moderate fanfare in an unusually active lame duck session of Congress. Unfortunately, HOME,...

Shelter for the Homeless in the Emerald City?

In Seattle, a mayor-appointed citizens’ panel has concluded that the city should put a permanent homeless encampment on city land and make certain parks...

Communities Investing in Their Values

In November, Illinois People’s Action, Iowa Citizens for Community Improvement, and 15 other community organizations from across the country filed an official protest against...

Affordable Housing Has Mass. Appeal

While many people had their eyes on the Congressional midterm and gubernatorial elections last Election Day, we were looking at the big win in...

A Partial Win for Post-Katrina Mississippi

The Mississippi State Conference of the NAACP has reached an agreement with the U.S. Department of Housing and Urban Development and the state of...

Just Google “Affordable+Housing”

Low-Income Housing Tax Credits (LIHTC) have gotten hard to come by lately. But perhaps the ubiquitous Google can help: it has entered the affordable...

Heartache for HAMP

It’s no secret that the federal government’s Home Affordable Modification Program, or HAMP, has produced lackluster results, with fewer than 450,000 permanent modifications realized...

Preserving Hip-Hop’s Birthplace

The deteriorating building at 1520 Sedgwick Avenue in the Bronx is sometimes credited as being the birthplace of hip-hop, due to community room parties...

Community Development: A Love Story

Film director Michael Moore will use a $1 million dollar film tax credit he received for his film Capitalism: A Love Story to launch...