HUD Secretary Outlines Housing Goals. Discusses 2012 Budget
ByPosted To: MND NewsWire
In his prepared remarks on the Dapartment of Housing and Urban Development’s fiscal year 2012 budget, HUD Secretary Shaun Donovan yesterday told the House Financial Services Committee that any spending allocations must meet a number of challenges. Assisting responsible families in the midst of housing crisis, providing quality affordable rental housing, transforming neighborhoods racked with poverty, rebuilding the nation’s federally-assisted public housing stock and ensuring that its tenants are part of the skilled workforce the new global economy requires are just a few. Adding stress to the situation, these lofty goals must be met in a cost-conscious manner because of America’s growing federal budget deficit and struggling economy. Clearly education plays a major role in sustainable homeownership…(read more)