Feds to Audit Foreclosure Aid Program in Atlanta Area

From AJC.com – A watchdog arm of the Treasury Department announced plans to audit the implementation of a federal program created to aid homeowners struggling with their mortgages in Georgia, with an eye toward determining whether minority neighborhoods have been properly served. The federal watchdog said it will hone in on three Atlanta-area counties — DeKalb, Fulton and Clayton…

Rural Housing Assistance Initiative

Georgia ACT supports the work of CDCs and other community-based and constituency-based nonprofits in developing and preserving affordable housing. Georgia ACT is particularly interested in advancing the field’s pursuit of scale. Georgia ACT has limited funding from the Mary Reynolds Babcock Foundation to provide technical assistance to member nonprofit development organizations located in the non-metropolitan…

HUD Proposes Small Area FMRs

HUD ‬ is currently proposing the use of Small Area Fair Market Rents (FMRs) in administering the Housing Choice Voucher (HCV) program for some metro areas. With this rule, HCV tenants would receive a subsidy adequate enough for them to move into areas of higher opportunity and lower poverty. Read the rule (PDF) Comments are…

Speaker of the House Releases Poverty Plan

This month Speaker of the House, Paul Ryan, released A Better Way – his vision for some of our country’s greatest challenges. In it included a poverty plan that proposes cuts to critical housing programs. Immediate backlash ensued from many including, Rep. Barbara Lee of California and House Democratic Leader Nancy Pelosi. You can find…