Homeless Definition Broadened in House Bill:  Homeless advocates are closer to their goal of consolidating homeless assistance programs, including the fragmented programs authorized in the McKinney-Vento Act governing homelessness and education of children. But the costs and mandates may derail ... 10/10/2008 1:41 PM

Neighborhood Stabilization Deadline not to be Taken Lightly:  HUD officials who met this week with state and local representatives trying to craft their own programs to spend Neighborhood Stabilization Program (NSP) dollars say they are treating the Dec. 1 deadline seriously. Midway through HUD's housing summi... 10/09/2008 4:18 PM

HUD: Neighborhood Stabilization Allows Flexibility:  The hot topic going into a HUD housing summit this week centered on Neighborhood Stabilization Program (NSP) funding. And the dominant reactions to it by states and municipalities have continued to be concern or fright. Todd Richardson, of HUD's Off... 10/09/2008 4:14 PM

Nonprofit Strategic Program Fights Foreclosures in Six Cleveland Neighborhoods:  Nonprofits are targeting resources toward six Cleveland neighborhoods in the hope of saving them from continued ravages of foreclosures in an effort to restore property values and return population to the city. Neighborhood Progress Inc. (NPI) and E... 10/09/2008 4:04 PM

Experts to HUD: More, Earlier Outreach Needed For First-Time Buyers:  Getting to U.S. consumers early in a home-buying process is critical to avoid future foreclosure crises, say panelists at a HUD housing conference this week. And some believe starting long before the consumers are thinking about such a purchase has i... 10/09/2008 4 PM

Northeast Ohio Data Collection Seen as Means to Prevent Foreclosures:  As cities begin the business of trying to find the best ways of spending shares of nearly $4 billion in Neighborhood Stabilization Program funds, finding the data to determine where the best places might be to do that may be among the first steps to ... 10/09/2008 3:37 PM

Property Managers to Encourage Servicers to Use HOPE for Homeowners Program:  Federal property managers buying foreclosed and abandoned homes under the authority of the new financial services bailout law (HR 1424) are asked to provide homeowners' assistance through the voluntary HOPE for Homeowners Program. The HOPE for Homeo... 10/09/2008 10:13 AM

CD Publications Unveils New Aging Services Funding Directory:  CD Publications' Aging News Alert announces release of the first edition of its Directory of Private Grants for Seniors Programs. This 100-plus page online and print guide to newly-researched private funding sources includes scores of foundations th... 10/08/2008 2:25 PM

New Financial Services Bill Provides Some Help for Homeowners:  While some of the early congressional criticism toward the new financial services bailout law (HR 1424) centered on its lack of help for homeowners, at least one portion of the bill to provide such aid was present throughout the debate. Earlier legi... 10/08/2008 2:13 PM

Treasury to Begin Clarifying TARP Rules in Mid-November:  State and local jurisdictions nationwide will not have long to wait for the first guidance documents showing how the Treasury Dept. will buy troubled assets from a battered financial services industry that has become tight-fisted in providing credit.... 10/08/2008 2:11 PM