Administration Commits to Support Go Zone Extension

The Secretaries of the U.S. Department of Housing and Urban Development (HUD) and the Treasury Department in a letter this week expressed their commitment to work with Congress to enact a one-year extension of the placed-in-service deadline for Gulf Opportunity (GO) Zone low-income housing tax…

HUD Awards $1 M to Promote Minority Contracting in New Orleans

WASHINGTON – U.S. Housing and Urban Development Secretary Shaun Donovan awarded the City of New Orleans $1,042,684 to create a training program to help minority-owned businesses compete for contracting opportunities in federal and state-funded disaster recovery programs. The grant is provided through HUD’s Community Development Block…

New Housing Survey of New Orleans Post-Katrina

HUD RELEASES FIRST COMPREHENSIVE HOUSING SURVEY OF NEW ORLEANS METROPOLITAN AREA SINCE HURRICANE KATRINA  Data shows 13 percent drop in housing units, 33 percent hike in housing costs since 2004 NEW ORLEANS – In the five years since Hurricane Katrina struck the Gulf coast, the…