HUD Secretary Donovan: $1B for Areas Hit by Foreclosures

Complete Premium video at: fora.tv To view more highlights from the Monitor Breakfast series, visit www.youtube.com At The Monitor Breakfast, US Housing and Urban Development (HUD) Secretary Shaun Donovan announces that the Obama Administration will work with Congress to find ways to help state and local governments more effectively combat the ongoing effects of the housing crisis and home foreclosures through additional funding for the Department’s Neighborhood Stabilization Program (NSP) and foreclosure prevention counseling. – The Monitor Breakfast Shaun Donovan is the 15th United States Secretary for Housing and Urban Development. Secretary Donovan rejoins HUD after his previous service in the Clinton administration as Deputy Assistant Secretary for Multifamily Housing, where he was the primary federal official responsible for privately-owned multifamily housing. At that time, he ran housing programs that helped 1.7 million families access affordable housing. He also served as acting FHA Commissioner during the Clinton/Bush presidential transition. Secretary Donovan holds a BA and Masters degrees in Public Administration and Architecture from Harvard.
Video Rating: 2 / 5
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Tags: Areas, Donovan, Foreclosures, Secretary
This entry was posted on Sunday, January 13th, 2013 at 8:37 pm and is filed under Hud Foreclosure Assistance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.


8:49 pm on January 13th, 2013
money = debt
9:11 pm on January 13th, 2013
because if china doesn’t lend the money they (the recipients of the lent money) won’t have any money to buy the stuff that china makes… and that would lead to a holt in the Chinese production sect and economy…
9:15 pm on January 13th, 2013
Wonder if China will burrow them the money they need. That’s the only way they can do it.
I don’t see why China is lending though, they got to know they’ll never see their dollars back.
9:19 pm on January 13th, 2013
Oh boy, more future failed government programs!!!
Just keep throwing more money at it boys, your bound to fix something sooner or later.
10:09 pm on January 13th, 2013
You need more money? We haven’t heard that one before.