Harvey Survivors: HUD’s Top Priority

Harvey Survivors: HUD’s Top Priority

May 31, 2021 flnyealrfrnf 0

first_imgSign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Harvey Survivors: HUD’s Top Priority Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe The U.S. Department of Housing and Urban Development (HUD) released short, intermediate, and long-term efforts that are currently underway for Hurricane Harvey survivors.As HUD continues to keep the lives and safety of all those affected by the devastation as its first priority, the Federal Department Emergency Management Agency (FEMA) and other federal, state, local, and tribal partners are all beginning to direct efforts towards recovery.According to the release, “as part of FEMA’s comprehensive approach to meet the post-disaster intermediate housing needs caused by Hurricane Harvey, FEMA is considering all available housing options for survivors.”In addition to current services to aid disaster survivors, HUD is implementing several housing activities. The short term include providing immediate housing for those who are eligible for FEMA assistance, FEMA pays the hotels and motels directly for this.Faith-based agencies such as American Red Cross, AmeriCorps and other voluntary organizations are helping to clean out flood damage to homes, as well as providing emergency shelter to survivors. HUD is also immediately assisting those displaced from public housing and multifamily subsidized rental units. The FHA via Freddie Mac and Fannie Mae is providing a 90-day moratorium on foreclosures and forbearance on foreclosures.In the long term, HUD will provide FHA insurance to those affected by the immediate aftermath of Hurricane Harvey. Borrowers could receive up to 100 percent financing to rebuild or rebuy.You can read more about all the efforts HUD is taking to aid Harvey victims here. The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Journal, News Tagged with: HOUSING HUD mortgage The Week Ahead: Nearing the Forbearance Exit 2 days ago September 5, 2017 2,907 Views About Author: Nicole Casperson Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: How Could Tax Reform Hurt the Housing Market? Next: Fischer Resignation Leaves Another Empty Seat at the Fedcenter_img The Best Markets For Residential Property Investors 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago HOUSING HUD mortgage 2017-09-05 Nicole Casperson Demand Propels Home Prices Upward 2 days ago Harvey Survivors: HUD’s Top Priority Demand Propels Home Prices Upward 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago  Print This Post Nicole Casperson is the Associate Editor of DS News and MReport. She graduated from Texas Tech University where she received her M.A. in Mass Communications and her B.A. in Journalism. Casperson previously worked as a graduate teaching instructor at Texas Tech’s College of Media and Communications. Her thesis will be published by the International Communication Association this fall. To contact Casperson, e-mail: [email protected] last_img

 

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