February 2009 Bulletins
SECRETARIES DONOVAN AND CHU ANNOUNCE PARTNERSHIP TO HELP WORKING FAMILIES WEATHERIZE THEIR HOMES
Released 2/27/09 by HUD
PHILADELPHIA - U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan and U.S. Department of Energy (DOE) Secretary Steven Chu today announced a major partnership between HUD and DOE that will streamline and better coordinate federal weatherization efforts to make it much easier for families to weatherize their homes and spur a new home energy efficiency industry that could create tens of thousands of jobs. Full release
DONOVAN ISSUES STATEMENT ON OBAMA ADMINISTRATION'S PROPOSED FISCAL YEAR 2010 HUD BUDGET
Released 2/26/09 by HUD
WASHINGTON - U.S. Secretary of Housing and Urban Development Secretary Shaun Donovan released the following statement today in response to President Barack Obama's proposed FY 2010 budget announcement Full release
HUD ALLOCATES MORE THAN $10 BILLION OF RECOVERY ACT FUNDING ONE WEEK AFTER BILL SIGNING
Released 2/25/09 by HUD
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today allocated nearly 75 percent of its funding, or $10.1 billion, made available through the American Recovery and Reinvestment Act of 2009. The Recovery Act includes $13.61 billion for projects and programs administered by HUD, 75 percent of which was allocated to recipients today - only one week after President Obama signed the Act into law. Full release
PRESIDENT'S ECONOMIC RECOVERY PACKAGE TO MAKE MORE FAMILIES ELIGIBLE FOR FHA-INSURED MORTGAGES
Released 2/25/09 by HUD
WASHINGTON - More American families will be eligible this year to purchase or refinance their homes using affordable, FHA-insured mortgages, thanks to the economic stimulus package signed into law by President Obama last week. The American Recovery and Reinvestment Act of 2009 will allow HUD's Federal Housing Administration to temporarily increase its maximum loan limit, allowing FHA to insure larger mortgages at a more affordable price in high-cost areas of the country. Full release
Crisis Could Affect Defense Budget
Released 2/9/09 by Military.Com
Troops' pay raises and benefits could be trimmed by the ongoing recession, but lawmakers and military analysts say that's not going to happen this year. Instead, as the White House prepares its fiscal 2010 defense budget, major weapons systems and long-term equipment development are more likely to feel the economic pinch first. Full release
Obama Considering Iraq Withdrawal Options
Released 2/7/09 by Military.Com
The White House is considering at least two troop withdrawal options as it weighs a new Iraq strategy - one that would preserve President Barack Obama's campaign pledge to get all combat brigades out within 16 months and a second that would stretch it to 23 months, two officials said. Full release
RON SIMS TO BE NOMINATED AS HUD'S DEPUTY SECRETARY
Released 2/2/09 by HUD
WASHINGTON - President Barack Obama today announced he intends to nominate Ron Sims, County Executive of King County, Washington, to become the Deputy Secretary at the U.S. Department of Housing and Urban Development (HUD). As the Deputy Secretary, Sims will be charged with managing HUD's day-to-day operations, a nearly $39 billion annual operating budget and the agency's 8,500 employees. Full release
