Tagged with: Disaster Relief HUD The Best Markets For Residential Property Investors 2 days ago HUD to the Rescue Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Headlines The Best Markets For Residential Property Investors 2 days ago About Author: Joey Pizzolato Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: 2017’s Hottest Neighborhoods for Homebuyers Next: Adding to the Ranks The Week Ahead: Nearing the Forbearance Exit 2 days ago Print This Post August 21, 2017 1,195 Views Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / HUD to the Rescue Servicers Navigate the Post-Pandemic World 2 days ago Share Save The Department of Housing and Urban Development (HUD) is taking further steps to fulfill its mission in creating strong, sustainable and affordable communities throughout the country, this time through foreclosure protection in response to the flash flooding that recently occurred in West Virginia.After two days of severe weather, flash flooding occurred throughout the state and affected a total of 44 counties. President Trump has declared the area a disaster zone, according to the press release.In order to provide relief, HUD is assisting state and local governments in relocating displaced locals as well as streamlining their Community Block Grant and Home Programs so as to repair and replace the houses that were damaged. They have also granted a three-month moratorium on foreclosures for mortgages that are insured by the Federal Housing Administration.In addition, HUD will be making mortgage insurance available to those that lost their homes and have to rebuild or rebuy—the insurance will also cover rehabilitation and repairs to damaged homes. For those that need to purchase a new home, the insurance will be financed 100 percent, and even cover costs incurred during closing.But, it doesn’t stop there. HUD will provide guaranteed loans to state and local governments to be used for housing rehabilitation, repairs of damaged public infrastructure, and further economic development. The department will also share information with FEMA and the state of West Virginia to connect displaced renters with housing providers that have available units in the counties most affected, and disseminate information regarding other HUD programs that will directly affect those put out by the flooding.You can read about other disaster relief programs that the HUD offers, as well as find other resources in times of crisis by going to the HUD’s website, here. Joey Pizzolato is the Online Editor of DS News and MReport. He is a graduate of Spalding University, where he holds a holds an MFA in Writing as well as DePaul University, where he received a B.A. in English. His fiction and nonfiction have been published in a variety of print and online journals and magazines. To contact Pizzolato, email [email protected] Disaster Relief HUD 2017-08-21 Joey Pizzolato Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe
NBA free agency rumors: Lakers rooting for Kyrie Irving to sign with Nets Celtics trade rumors: Thunder center Steven Adams ‘on Boston’s radar’ “Charlotte’s definitely my first priority,” Walker told The Athletic in early June. “That’s where I’ve been for eight years and that’s all I know. Not many people get a chance to play for one NBA team throughout their career. … Charlotte is my home, man. I’ve been there for eight years and it’s been the most amazing eight years of my life. My family, they love it. The fans love me. The organization has been great and gave me my opportunity.”Walker averaged 25.6 points and 5.9 assists while shooting 35.6 percent from 3-point range last season. Current Kemba Walker destination likelihood order, per league source:1. Boston2. Charlotte3. Dallas (definitely in the mix, with Lakers)Somewhere down the line: New York— Brad Townsend (@townbrad) June 26, 2019The Celtics will need to retool their roster this summer as Kyrie Irving and Al Horford are expected to leave and sign elsewhere. Boston president of basketball operations Danny Ainge said earlier this week the team was “exploring different opportunities” in free agency and on the trade market.“We have some flexibility, but I don’t really know what is realistic yet,” Ainge said, via NBC Sports Boston. “That’s what we’ll spend the rest of this week trying to figure out, is what even do we have a chance to do and where should be our priorities? Related News Danny Ainge explains importance of Celtics having ‘good people’ on their roster “But I’m excited about the opportunity. I’m excited about the flexibility that we have. I’m excited about the youth that we have and some of our returning players. I think it’s going to be a really fun year. Looking forward to it.”Walker, meanwhile, has spent his entire eight-year career with Charlotte. The three-time All-Star became eligible for a “supermax” contract when he was named to the All-NBA third team after 2018-19. The Celtics could lose a point guard and gain another this offseason.Boston is the most likely destination for Kemba Walker, according to a report from the Dallas Morning News, which cites an unidentified league source. The Hornets are also in contention to retain him, while the Lakers and Mavericks are still in the mix, as well.