HUD and DOJ Award $8.7 Million to Prevent and End Homelessness --

WASHINGTON – For many individuals convicted of minor crimes, finding jobs and decent housing is so challenging that many are at extreme risk of homelessness or reentering the criminal justice system. Today, the U.S. Department of Housing and Urban Development (HUD) and the Department of Justice (DOJ) awarded $ 8.7 million to address homelessness and reduce recidivism among this justice-involved population through the Pay for Success model.

American Modern Insurance Group fined $1M for over-charging on force-placed insurance --

The state of Minnesota announced earlier this week that it is fining American Modern Insurance Group $ 1 million for over-charging Minnesota residents for force-placed insurance. American Modern Insurance Group will also be required to cut its insurance rates by 43% and provide refunds to the affected homeowners.

HUD Awards Choice Neighborhood Grants to 10 Cities --

WASHINGTON – U.S. Housing and Urban Development (HUD) Secretary Julián Castro today awarded $ 8 million to 10 severely distressed neighborhoods to stimulate affordable housing and economic development. Funded through HUD’s Choice Neighborhoods Initiative, these awards will help local leaders to craft comprehensive, homegrown plans to revitalize and transform these neighborhoods.

Ten-X: Home sales still going up, though pace is slowing --

Home sales continue to increase, but at a lower rate than past months. However, according to Ten-X executive vice president, Brexit could change everything. Here’s how.

Nearly 6,000 Households in 28 Metro Areas Participating in Rigorous HUD Study on Homebuyer Education and Counseling --

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today published early findings from a rigorous, large-scale, random assignment study on the benefits that housing education and counseling provides to first-time homebuyers.

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