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HUD Archives: News Releases
HUD To Re-Evaluate Revitalization Demonstration Program
|1.||San Bernardino, CA||County San Bernardino|
|2.||Miami-Dade, FL||County of Miami-Dade|
|3.||Rochester, NY||City of Rochester|
|4.||Chicago, IL||Hispanic Housing & NHS Redevelopment Corp.|
|5.||Fort Lauderdale, FL||Housing Authority of Fort Lauderdale|
|6.||Cleveland, OH||Cleveland Housing Network|
|7.||Reading, PA||City of Reading|
|8.||Washington, D.C.||Church Association for Community Services|
|9.||Burlington, VT||Burlington Community Land Trust|
|10.||Denver, CO||City of Denver|
|11.||Los Angeles, CA||Enterprise Home Ownership Partners & City of Los Angeles|
|12.||Providence, RI||RI Housing & Mortgage Finance Corporation|
|13.||Hartford & Manchester, CT||Corporation for Independent Living|
|14.||Bridgeport, CT||Community Development Agency of Bridgeport|
|15.||Prince Georges County, MD||Redevelopment Corporation of PG County|
|16.||Harvey, IL||City of Harvey|
HUD has taken similar corrective action in the recent past to ensure program integrity and success. Today's action is similar to last year's suspension of a program designed to benefit police officers and teachers after uncovering several instances of fraud by homebuyers. HUD instituted numerous corrective measures before resuming discounted home sales under the Officer Next Door and Teacher Next Door programs. In a March 2002 Inspector General review of the Officer Next Door and Teacher Next Door programs following HUD's implementation of new controls, the OIG found no instances of potential program requirement violations.
In addition, last December HUD entered into an unprecedented partnership with New York City to save affordable housing for 1,500 families that fell prey to unscrupulous lenders and nonprofit groups. An internal review showed several weaknesses in the Federal Housing Administration's (FHA) 203(k) Program. As a result, HUD implemented new checks and procedures to prevent abuse through more aggressive lender monitoring and requiring all participating non-profit organizations to undergo a rigorous certification.
HUD is the nation's housing agency committed to increasing minority homeownership, creating affordable housing opportunities for low-income Americans, supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development as well as enforces the nation's fair housing laws. More information about HUD and its programs is available on the Internet at www.hud.gov.
Content Archived: April 9, 2010