Recapitalization In Hod Literature

The author explained how the government established policies and initiatives that created ghettos and suburbs. The Federal Housing Administration (FHA) is a program that helped citizens become homeowners by lending loans. However, only certain neighborhoods qualified for those loans. Research and data were used to prove that certain areas were considered a loss of investment. The

For the past fifty years the shift from meeting the housing needs of the poor through government projects-based housing to a more individual approach, has been slowly implemented. Housing vouchers now enable underprivileged populations to move from high-poverty, segregated neighborhoods to more un-segregated, low-poverty neighborhoods. Low-poverty neighborhoods have less crime, better opportunities for employment, and more diverse schooling options. Some housing advocates however, contend that housing assistance is unnecessary and is an income subsidy that should be combined with other social safety nets (Clark, W. 2008).

The Housing and Community Development Act of 1974 authorized the Section 8 program with 2 components, Section 8 project-based assistance for existing, newly constructed or rehabilitated housing and the Section 8 existing housing program, a newly created housing assistance program to be administered by PHAs provided tenant-based subsidies. Rental voucher program was first authorized as a demonstration program by Congress in 1984. The program, then, was formally authorized as a program in the Housing and Community Development Act of 1987. Conversion to the HCV program from the rental voucher and rental certificate programs started on October 1st in 1999. All certificate tenancies and rental vouchers became subject to the HCV program requirements (Hartung and Henig, 1997).

Wilson (2011) research proves that the Federal Housing Administration (FHA), contributed to the early decay of inner city neighborhoods by withholding mortgage capital and making it difficult for these areas to retain or attract families who were able to purchase their own homes. As the federal government created this program it excluded certain inner city neighborhoods. This exclusion created “redlining” which assessed primarily on racial composition. People who wanted to get out of public housing and purchase a home in a redlined neighborhood were denied proper mortgages, even if they had sufficient funds. Wilson (2011) says that such restrictions such redlining restricted many opportunities for building or even maintaining quality housing in the inner city, which in many ways set the stage for urban blight that many Americans now associate with black neighborhoods. Policies like this one were created to make blacks stay in the inner city

In recent years, the United States Interagency Council on Homelessness (USICH) and the US Department of Housing and Urban Development (HUD) have identified rapid re-housing as a critical strategy to meeting the national goal of ending family homelessness by 2020 (USICH 2013). As noted in a recent update of Opening Doors, the federal plan to end homelessness, "[US Department of Health and Human Services], HUD, [the US Department of Veterans Affairs], and USICH have joined forces to promote expansion of rapid re-housing as a part of community coordinated systems" (USICH 2013). Rapid re-housing, an intervention that helps homeless families exit shelters and get back into permanent housing quickly, provides short-term help with housing expenses (e.g., rent arrears, ongoing rent assistance, moving costs) and case management focused on housing stability. Rapid re-housing is a relatively new but, as early evidence shows, promising strategy that communities across the country are

It is often easy to castigate large cities or third world countries as failures in the field of affordable housing, yet the crisis, like an invisible cancer, manifests itself in many forms, plaguing both urban and suburban areas. Reformers have wrestled passionately with the issue for centuries, revealing the severity of the situation in an attempt for change, while politicians have only responded with band aid solutions. Unfortunately, the housing crisis easily fades from our memory, replaced by visions of homeless vets, or starving children. Metropolis magazine explains that “…though billions of dollars are spent each year on housing and development programs worldwide, ? At least 1 billion people

Housing programs and redevelopment continued to expand and finally the United States passed the Department of Housing and Urban Development, or HUD for short, in 1965. The establishment of the eleventh Cabinet-level agency sparked controversy between Democrats and Republicans in the House and Senate. The arguments “were based on the need for managerial improvement and greater efficiency and coordination of programs, but there was, also, general recognition that the prestige of Cabinet status would benefit housing and urban programs both in Congress and outside government” (Willmann 22).

There is a large population of low-income individuals who are aged, handicapped, or otherwise in the low-income group of individuals who need assistance in obtaining appropriate housing and who, without the benefits of Section 8 subsidized housing would be homeless or living in inhumane conditions and many of these children and the elderly. Section 8 subsidized housing is a HUD program that assists

There are a number of Medicaid sections and demonstration programs that allow reimbursement for housing-related services to promote community integration. Authorities and programs that allow reimbursement include: 1915(c) HCBS Waivers, 1915(i) HCBS State Plan Optional Benefit, 1915(1b) Community First Choice State Plan optional Benefit, 1915(b) Waivers, 1905(a) State Plan Services, Section 1115 Research and Demonstration Programs and Money Follows the Person demonstration.1Some of these authorities offer greater coverage opportunity than others.1 Medicaid offices have the opportunity to play an important role in convening state program offices and other partners to identify other non-Medicaid funding sources to support

The New York City Housing Authority (NYCHA) is the “largest public housing authority in the nation” (Developments, 2015). In existence since 1934 (About NYCHA: NYCHA at 70, 2015), NYCHA is a low to moderate income public housing initiative consisting of 328 developments throughout all five boroughs of New York City. More than 400,000 residents benefit from these developments through the receipt of not only apartments but additional services provided by each development and New York City overall. Over recent years the NYCHA developments have been experiencing a reduction in government funding, forcing the organization to re-evaluate strategies addressing maintenance of old buildings (About NYCHA, 2015).

Department of Housing and Urban Development (HUD) is a United States federal department that administers programs dealing with better housing and urban renewal since 1965. HUD issued a draft to change the

U.S. Congressman Blaine Luetkemeyer wrote about the process of making H.R.3700 approved and signed into law. At first, he said “making sausage can be a lot more satisfying than making laws on a lot of days.” Regarding H.R.3700, Congressman Luetkemeyer met many people with authority who are working relating to the housing areas. He learned that many people concerned about how the United States Department of Housing and Urban Development (HUD) was established for so long ago, and they wanted HUD to be modernized. They took a look at HUD to see what they can do to improve it. After having the bill to be passed out of the Financial Services Committee in December, the bill also passed the House floor by a vote of 427-0. The bill, once again, passed without any disagreement between the House and Senate. The bill then quickly signed into law by President

By the late twentieth century and into the twenty-first century the main housing program for veterans was consistently that of the guaranteed home mortgage loans. “Except for a very small provision for homeless, disabled veterans, there is no subsidized rental program for veterans” (National Ingratitude, p.135). However, this program wasn’t highly utilized, as “many veterans and their families [paid] far more than they [could] afford for shelter or live[d] in overcrowded or otherwise substandard dwellings, and well over

The lack of affordable housing in the United States is a problem that doesn 't receive nearly the attention that it necessitates. This absence of affordable housing became especially prevalent following World War II when suburbanization spread across the country like wildfire. Although the sheer number of homes increased, Jim Crow segregation influenced housing policy, meaning that white institutions prevented blacks from obtaining the mortgages needed to afford such homes. Therefore, rather than accept subprime loans, which often result in foreclosure, many black people have been pigeonholed into paying exorbitant rates for dilapidated rental properties located in inner-cities, thereby creating the affordable housing problem. Although the situation seems bleak, with careful planning and execution, we can solve the affordable housing problem. Specifically, my proposal involves the following two components: the government must first revise and draft three forms of legislation that create strict yet concise standards that landlords must follow, and then allocate federal funding to health and wellness programs within poor communities. By examining the contributing societal factors to the lack of affordable housing in Milwaukee, Wisconsin, and then implementing the proposal mentioned above, one could potentially solve the affordable housing problem there and transpose the plan to other impoverished cities across the country.

The current real estate crisis that America finds itself in is one of the greatest challenges America has ever faced. America’s troubles are further compounded by increasing unemployment of American citizens and environmental problems like global warming. Solving any one of these problems would be a Herculean task, yet they must each be addressed in order to protect American families from disaster. However, it is possible to find a solution to the problems of the real estate crisis that can also be used to improve the problems of the unemployment and environmental destruction. The first part of the solution involves the United States government purchasing the homes that have been foreclosed and using them to offer temporary housing to