Posts filtered by tags: U.S. Department of Housing and Urban Development[x]


 

HUD releases new income limits for housing programs

According to a primer provided by HUD, eligibility for programs is based on three income levels — extremely low income (less than 30 percent of the median family income), very low (less than 50 percent of the median family income), and low (less than 80 percent of the median family income).
Tags: News Brief, Regulations, Family income levels, Hud, HUD income limits, Project-based vouchers, Public Housing, Section 202, Section 8 housing choice, Section 811, U.S. Department of Housing and Urban Development


First-Time Homebuyers Get a Break With Lower Mortgage Rates

(TNS)—Economic gurus got one part of the mortgage forecast for 2019 correct. We’re certainly seeing a volatile year for rates. What they didn’t see coming: Mortgage rates tumbled in March, the biggest one-week fall in a decade. Now—instead of seeing mortgage rates edge closer to 5.25 percent, as some had predicted we’d see in 2019—we’re looking at an average 30-year rate near 4 percent. The rate drop comes just in time for the spring home-buying season and will make monthly payments less expensi...
Tags: News, Radio, Hud, Birmingham, Mortgage Rates, Detroit, Credit Score, Financing, Latest News, Martinez, Beth Martinez, FHA, McBride, U S Department of Housing and Urban Development, Bankrate, Federal Housing Administration


Roaches And Leaks: Inspections Reveal Shocking Conditions Of US-Funded Housing

NATCHEZ, Miss. (AP) — In this city known for pre-Civil War mansions, a young mother shared a government-funded apartment with her three small children and a legion of cockroaches. They lurked in the medicine cabinet, under the refrigerator, behind a picture on the wall. The mother nudged a bedroom dresser and more roaches skittered away as her 2-year-old son stomped on them. It was home, sweet home for Destiny Johnson and her kids — until she got fed up and moved out last month. Inspectors had c...
Tags: News, Mississippi, Maryland, Obama, Congress, Housing, US, Barack Obama, Ap, Hud, Associated Press, Johnson, District Of Columbia, Illinois, Baltimore, George W Bush


Facebook Ad Platform Could Be Inherently Discriminatory, Researchers Say

Researchers from Northeastern Unviersity, the University of Southern Carolina, and tech accountability non-profit Upturn have released a paper that says Facebook's ad delivery system itself can steer ads intended to be inclusive toward discrimination without explicit intent. "In a paper titled, 'Discrimination through optimization: How Facebook's ad delivery can lead to skewed outcomes,' co-authors Muhammad Ali, Piotr Sapiezynski, Miranda Bogen, Aleksandra Korolova, Alan Mislove, and Aaron Rieke...
Tags: Facebook, Tech, U S Department of Housing and Urban Development, Aaron Rieke


New Facebook tool answers the question “Why am I seeing this post?”

Facebook announced today that it is adding a feature called “Why am I seeing this post?” to News Feeds. Similar to “Why am I seeing this ad?,” which has appeared next to advertisements since 2014, the new tool has a dropdown menu that gives users information about why that post appeared in their News Feed, along with links to personalization controls. Meant to give users more transparency into how Facebook’s News Feed algorithm works, the update comes as the company copes with several major e...
Tags: TC, Facebook, Transparency, Social Media, Tech, News Feed, New Zealand, U S Department of Housing and Urban Development


Facebook Hit With New HUD Lawsuit Over Housing Ads

The Department of Housing and Urban Development (HUD) has filed charges against Facebook, Inc. alleging that the social media giant has violated multiple subsections of the Fair Housing Act, indicating that Facebook has engaged in discriminatory advertising practices that could limit certain protected classes from gaining access to housing. This lawsuit comes just one week following an announcement by Facebook that it will implement sweeping changes to its advertising platform by the end of t...
Tags: Facebook, Florida, Featured, Washington Post, Washington, Finance, Hud, Osborne, FHA, Facebook Inc, Joe Osborne, Department of Housing and Urban Development HUD, NRMLA, Weiner Brodsky Kider PC, Jim Milano, RMD


Facebook charged with housing discrimination by HUD

By MAE ANDERSON and BARBARA ORTUTAY NEW YORK — The federal government charged Facebook with high-tech housing discrimination Thursday for allegedly misusing its vaunted ability to deliver ads with surgical precision to certain groups of people and not others. The civil charges by the U.S. Department of Housing and Urban Development could cost the social network millions of dollars in penalties. But more than that, they strike at the very business model that has made Facebook so rich, and raise q...
Tags: Facebook, Europe, New York, San Francisco, Sport, Soccer, Hud, Ben Carson, Newark New Jersey, U S Department of Housing and Urban Development, Mae Anderson, MICHELLE CHAPMAN, BARBARA ORTUTAY


Daily Crunch: Facebook faces discrimination charges

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. HUD hits Facebook with housing discrimination charges over ad targeting The U.S. Department of Housing and Urban Development this morning hit Facebook with charges of housing discrimination. The filing states that Facebook has violated the Fair Housing Act through its ad-targeting tools, which allow se...
Tags: TC, Facebook, Microsoft, Washington Post, Tech, Netflix, Army, Hud, Silicon Valley, US Army, Palantir, Kong, Raytheon, U S Department of Housing and Urban Development, Ed Byrne, TechCrunch Facebook


U.S. Government Charges Facebook With Discrimination Based on Ad Targeting Practices

The U.S. Department of Housing and Urban Development officially charged Facebook with discrimination today in a document filed with its own Office of Administrative Law Judges in Washington, D.C. The filing, embedded in full at the end of this story, claims that the social media platform's ad sales practices violated the Fair Housing Act of...
Tags: Facebook, Washington, Advertising, U S Department of Housing and Urban Development, Publishers & Platforms, U S Government Charges Facebook, Office of Administrative Law Judges


HUD hits Facebook with housing discrimination charges over ad targeting

The U.S. Department of Housing and Urban Development this morning hit Facebook with charges of housing discrimination. The filing states that the the online giant has violated the Fair Housing Act through its ad targeting tools, which allow sellers to limit listings based on categories like race, sex and nation of origin. The charges are the result of an investigation initiated in August of last year, investigating a formal complaint that homesellers and landlords can target ads across a broa...
Tags: Social, Startups, Facebook, Policy, Hud, Ben Carson, U S Department of Housing and Urban Development, Communications Workers of America, National Fair Housing Alliance ACLU, ACLU Outten Golden LLC


Facebook To Overhaul Ad Targeting To Prevent Discrimination

Facebook will overhaul its ad-targeting systems to prevent discrimination in housing, credit and employment ads as part of a legal settlement. From a report: For the social network, that's one major legal problem down, several to go, including government investigations in the U.S. and Europe over its data and privacy practices. The changes to Facebook's advertising methods -- which generate most of the company's enormous profits -- are unprecedented. The social network says it will no longer all...
Tags: Facebook, Europe, Tech, U S Department of Housing and Urban Development, Sandberg


Office of Inspector General to Expand Reverse Mortgage Oversight

The Trump Administration plans for its Office of Inspector General to increase oversight of the Home Equity Conversion Mortgage program in 2020, according to a proposed budget released Monday. The Administration’s HUD budget proposal for the 2020 fiscal year includes a statement on this expanded oversight that the OIG will have, in addition to addressing management challenges by updating the department’s information technology and providing resources to support congressionally mandated depart...
Tags: Featured, Congress, Finance, White House, Hud, The White House, OIG, U.s. Government, Administration, FHA, MMI, Public Housing, Trump Administration, Housing Choice Voucher Program, U.S. Department of Housing and Urban Development, Office of Lead Hazard Control and Healthy Homes


‘100% Democrat’ Woman Helps Brother Fulfill Dying Wish With Trump Phone Call

WEST HAVEN, Conn. (AP) — A terminally ill Connecticut man who’s a big supporter of President Donald Trump is getting a bucket list wish fulfilled, with help from his Democratic sister. Jay Barrett, of West Haven, who has cystic fibrosis, left the hospital to begin palliative care at his sister’s home last weekend and asked for some sort of contact with the president before he dies. His sister, West Haven City Councilwoman Bridgette Hoskie, who describes herself as “100 percent Democrat,” went ...
Tags: News, Washington, White House, Barack Obama, Connecticut, Donald Trump, Jay, Trump, Patton, Barrett, U S Department of Housing and Urban Development, New Haven, New Haven Register, Eric Trump, West Haven, WEST HAVEN Conn


HUD Secretary Ben Carson Plans Exit at End of Trump’s Term

Department of Housing and Urban Development Secretary Dr. Ben Carson has stated his intention to exit his post at the conclusion of President Donald J. Trump’s current presidential term. Carson made the announcement Monday night during an appearance on Newsmax TV, a conservative media outlet, according to the Washington Post. In the interview, Carson talked about his eventual return to the private sector once Trump’s current term in office concludes. “I will certainly finish out this term,...
Tags: Featured, Washington Post, Finance, Senate, Hud, Ben Carson, U.s. Government, Trump, Carson, FHA, Donald J Trump, Newsmax TV, Department of Housing and Urban Development, MMI, HECM, Trump Administration


New housing construction falls

Residential housing starts fell a staggering 11.2 percent in December, according to a new residential sales report released by the U.S. Census Bureau.
Tags: Analysis, Radio, Predictive Analytics, US Census Bureau, Markets & Economy, News Brief, Danielle Hale, U.S. Department of Housing and Urban Development


Homelessness in Los Angeles County is a result of ‘racism in America,’ report says

In a report that treats Los Angeles’s homelessness crisis as a symptom of racism, city and county officials this week pointed to the high number of black people experiencing homelessness in Los Angeles and the need to address the disparity in order to address the crisis. Black people have long been overrepresented among Los Angeles County’s homeless population. In a 2017 survey, black people made up one in 10 people in the county, but were 40 percent of the homeless population, according to the ...
Tags: News, La, America, Los Angeles, Sport, Soccer, Homeless, Bill, Local News, Eric Garcetti, Los Angeles County, U S Department of Housing and Urban Development, Waggoner, Mark Ridley Thomas, Top Stories LADN, Top Stories IVDB


HUD’s System For Processing Public Records Requests Died During Shutdown

The contract for the agency’s electronic system for managing FOIA requests lapsed in early January and hasn’t been renewed. Delays are mounting. The partial federal shutdown ended weeks ago, but one lingering effect turns out to be citizens’ ability to get public records from a government agency. The U.S. Department of Housing and Urban Development’s public records management and tracking system has been offline since early January, when a contract to run it lapsed. Four Freedom of Informati...
Tags: News, Hud, Trump, Sullivan, Brian Sullivan, U S Department of Housing and Urban Development, Austin Evers, Summer Concepcion, Copper River Enterprise Services, FOIA HUD


Congress must act in wake of massive mortgage data breach 

Mortgage borrowers are more of a sitting duck than you could ever have imagined. A recently discovered security lapse exposed more than a decade’s worth of highly sensitive mortgage data from the likes of CitiFinancial, HSBC Life Insurance, Wells Fargo, CapitalOne and the U.S. Department of Housing and Urban Development. Zack Whittaker, security editor of TechCrunch, recently broke the story, explaining how millions of documents were mishandled and exposed. In a follow story, TechCrunch reported...
Tags: Business, Real Estate, Congress, Housing, Sport, Fbi, Soccer, Mortgage, Freddie Mac, Charlie, U S Department of Housing and Urban Development, Laguna Niguel, Whittaker, Fannie Freddie, Ginnie Mae, Consumer Finance Protection Bureau


American Triple I taps ex-HUD Secy Cisneros as chairman and co-chief investment officer

Henry Cisneros, former Secretary of the U.S. Department of Housing and Urban Development, has been named chairman and co-chief investment officer of New York-based American Triple I Partners LLC, a new infrastructure investment firm. The firm was launched by principals of Siebert Cisneros Shank & Co LLC, an investment bank. American Triple I will invest mostly in transportation, knowledge and information systems, and smart city projects. PRESS RELEASE New York — February 5, 2019 — Henry Cisneros...
Tags: New York, Trends, Public finance, People, United States, Hud, Executive Committee, U S Department of Housing and Urban Development, SCS, Gary Hall, Cisneros, Municipal Securities Rulemaking Board, Henry Cisneros, Palladium Equity Partners, Cibrian, Suzanne Shank


LA County’s homeless youth are harder to find, but each year volunteers seek to count them

While thousands went out last week to do a visual tally of the number of encampments and homeless people across Los Angeles County, a lesser known operation was also underway to seek out and count the youth who are living on the streets. The youngest among the homeless population are often harder to find, and tend to blend in with peers who are not homeless. So the Los Angeles Homeless Services Authority has in recent years been working to improve the accuracy of the count by relying on “youth n...
Tags: Hollywood, News, La, Los Angeles, Sport, Soccer, Homeless, Starbucks, Venice, Local News, Young, Homeless Shelters, Santa Monica, Daniel, Los Angeles County, Burbank


Homeless services in the LA region to continue with $172 million in federal grants

The Los Angeles, Orange, Riverside, San Bernardino and Ventura counties have been awarded nearly $172 million in federal dollars to address homelessness, out of the more than $364 million that are going to programs in California, it was announced Tuesday. The largest share of the U.S. Department of Housing and Urban Development funds — around $114 million — is going to the Los Angeles Homeless Services Authority, which covers most of the Los Angeles County with the exception of Glendale, Long Be...
Tags: Business, News, California, La, Uncategorized, California News, Los Angeles, Sport, Soccer, Glendale, Hud, Homeless, Starbucks, Pasadena, Local News, Ventura


Millions of Bank Loan and Mortgage Documents Have Leaked Online

An anonymous reader quotes a report from TechCrunch: [M]illions of documents were found leaking after an exposed Elasticsearch server was found without a password. The documents contained highly sensitive financial data on tens of thousands of individuals who took out loans or mortgages over the past decade with U.S. financial institutions. The documents were converted using a technology called OCR from their original paper documents to a computer readable format and stored in the database, but ...
Tags: Amazon, New York, Texas, Tech, Social Security, U S, U S Department of Housing and Urban Development, Bank Loan, Bob Diachenko, Diachenko


HUD Secretary Carson Decries Government Gridlock as Shutdown Finds Temporary End

Department of Housing and Urban Development (HUD) Secretary Ben Carson is not often one to get worked up, but he did flash a degree of tempered frustration at political leaders in Washington, D.C. over the longest government shutdown in American history in a recent interview, right before the White House and congressional leaders agreed to temporarily reopen the government. Carson, who has been largely quiet since the shutdown began in late December, told NPR’s Brakkton Booker that government...
Tags: Featured, Washington, Finance, Senate, White House, Regulation, Hud, Mitch McConnell, Npr, Nancy Pelosi, Ben Carson, U.s. Government, Carson, Department of Housing and Urban Development HUD, HECM, Brakkton Booker


Massive mortgage and loan data leak gets worse as original documents also exposed (techcrunch)

Remember that massive data leak of mortgage and loan data we reported on Wednesday? In case you missed it, millions of documents were found leaking after an exposed Elasticsearch server was found without a password. The data contained highly sensitive financial data on tens of thousands of individuals who took out loans or mortgages over the past decade with U.S. financial institutions. The documents were converted using a technology called OCR from their original paper documents to a computer r...
Tags: Amazon, New York, Texas, News, Social Security, U S, U S Department of Housing and Urban Development, Elasticsearch, Lanning, Zack Whittaker, Bob Diachenko, Diachenko, Sean Lanning, John Brozena, Brozena


Massive mortgage and loan data leak gets worse as original documents also exposed

Remember that massive data leak of mortgage and loan data we reported on Wednesday? In case you missed it, millions of documents were found leaking after an exposed Elasticsearch server was found without a password. The data contained highly sensitive financial data on tens of thousands of individuals who took out loans or mortgages over the past decade with U.S. financial institutions. The documents were converted using a technology called OCR from their original paper documents to a computer r...
Tags: Amazon, New York, Texas, Tech, Social Security, U S, U S Department of Housing and Urban Development, Elasticsearch, Lanning, Bob Diachenko, Diachenko, Sean Lanning, John Brozena, Brozena


Shutdown Threatens Homelessness, Hunger For Poor Americans Using Safety Net

WASHINGTON (AP) — Doris Cochran, a disabled mother of two young boys, is stockpiling canned foods these days, filling her shelves with noodle soup, green beans, peaches and pears — anything that can last for months or even years. Her pantry looks as though she’s preparing for a winter storm. But she’s just trying to make sure her family won’t go hungry if her food stamps run out. For those like Cochran who rely on federal aid programs, the social safety net no longer feels so safe. As the longes...
Tags: News, Washington, New York City, America, Usda, Ap, Hud, Trump, Lewis, U S Department of Agriculture, Supplemental Nutrition Assistance Program, Roosevelt Island, U S Department of Housing and Urban Development, Arlington Virginia, Calvert, Cochran


As LAUSD teacher strike stretches on, students experiencing homelessness are hit hard

Laura Fay | LA School Report The Los Angeles teacher strike has now lasted a full week, and the work stoppage is compounding stress and uncertainty for students and families who rely on schools for meals, childcare and stability, especially for those experiencing homelessness. More than 17,000 students in L.A. Unified are classified as homeless, and the strike comes amid a federal shutdown that is threatening to cause additional crises for their families. Read full LAUSD strike coverage here The...
Tags: News, California, Politico, Los Angeles, Sport, Soccer, States, Lausd, Local News, Miranda, Leon, Taft, Supplemental Nutrition Assistance Program, Los Angeles County, Roberts, U S Department of Housing and Urban Development


Section 8 rent checks in jeopardy if shutdown lasts until March

Tenants getting federal rent subsidies have yet to be affected by the partial government shutdown, now in its fourth week. But big problems could arise for those renters and their landlords should the shutdown last until March. Local housing authorities serving about 125,000 Section 8 tenants in the region say rent payments will run out after February if the shutdown continues. And the mere uncertainty of future payments may impact those now reaching the top of years-long waiting lists, making i...
Tags: Post, Business, Real Estate, Washington Post, Housing, Sport, Soccer, Hud, San Bernardino, Brown, Los Angeles County, San Bernardino County, U S Department of Housing and Urban Development, Vasquez, National Low Income Housing Coalition, Los Angeles Orange Riverside


Renting A Home More Affordable Than Buying In 59 Percent Of U.S. Housing Markets

Home Prices Outpacing Wages in 80 Percent of the U.S. Housing Markets Irvine, CA – Jan. 10, 2019 (PRNewswire) ATTOM Data Solutions, curator of the nation’s premier property database, today released its 2019 Rental Affordability Report, which shows that renting a three-bedroom property is more affordable than buying a median-priced home in 442 of 755 U.S. counties analyzed for the report — 59 percent. The analysis incorporated recently released fair market rent data for 2019 from the U.S. Depart...
Tags: Real Estate, Renting, News, California, Boston, Buy, Radio, Bureau of Labor Statistics, Tennessee, Rent, Ohio, Michigan, Rental, Orange County California, U S Department of Housing and Urban Development, Monroe County Florida


HUD Report: LA County has second-highest homeless population of U.S. regions

Los Angeles County had the second-highest number of homeless residents of any region in the country this year, according to a report released Monday, Dec. 17, by the U.S. Department of Housing and Urban Development. The data were taken from point-in-time counts conducted in January, which found the Los Angeles region had 49,955 homeless residents, behind only New York City, which topped the list with 78,676. L.A. also had one of the highest number of unsheltered homeless living outdoors, in aban...
Tags: New York, California, Washington, Massachusetts, New York City, Los Angeles, Sport, Soccer, United States, Hud, Homeless, Local News, Los Angeles County, U S Department of Housing and Urban Development, LA County, LOS ANGELES Los Angeles