The 2009 Recovery Act increased the funding for the Weatherization Assistance Program (WAP) in Texas by 2500%. This program funds local agencies to provide minor home repairs to low-income Texans. The Recovery Act was intended to create jobs in the communities most impacted by the recession. The Federal Office of Management and Budget, in a [...]
Read moreBo McCarver’s weekly news compilation – 7/6/2010
Tuesday Report, July 6, 2010 Special to the Texas Low Income Housing Information Service As the nation’s economy recalibrates from the heady days of the Bush II Administration, housing starts and sales continue to drop while foreclosures rise. In Texas, millions of federal dollars meant to convert foreclosed homes into dwellings for low-income households languish [...]
Read moreBo McCarver’s weekly news compilation – 6/22/2010
Tuesday Report, June 22, 2010 Special to the Texas Low Income Housing Information Service The theory that the cost of shelter is self-regulated by supply/demand is further discredited as low-income renters and homeowners pay dearly for roofs over their heads — despite the glut of vacant units on the market. A fresh Harvard study shows [...]
Read moreBo McCarver’s weekly news compilation – 6/15/2010
Tuesday Report, June 15, 2010 Special to the Texas Low Income Housing Information Services The bright blip in housing sales caused by the federal tax credit has an equally low dip in June. Homebuilders have anticipated the lagging sales and cut back on construction starts. The market continues to ebb and flow with the extended [...]
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July 6, 2010
