HUD

The Department of Housing and Urban Development says the new rules will help buyers understand broker's fees will limit fee increases, and they are currently seeking legislation to give them the power to enforce the rules.

Desperate to sell dilapidated, foreclosed homes, as well as to lure in local governments willing to build affordable housing, the Department of Housing and Urban Development is offering those properties for just a dollar.

About 500 disabled Americans have erected a tent city just outside of HUD's Washington, DC office. The group has staged the sit-in to protest housing costs that cannot be met with the incomes of many disabled citizens.

Professor Sudhir Venkatesh of Columbia believe it is time for HUD to be replaced by a more nimble agency capable of responding to the 21st century city.

President George W. Bush is expected to announce his nomination of Steve Preston, head of the Small Business Association, as the new chief of the Department of Housing and Urban Development.

A HUD plan that allows municipalities to buy up foreclosed homes for just $1 is causing controversy in Wayne County, Michigan, where cities and counties are fighting over who is best suited to take over abandoned homes.

With HUD Secretary Alphonso Jackson's departure, it's time to begin reinvesting in the nation's public housing stock.

Alphonso Jackson, Secretary of Housing and Urban Development, announced his resignation Monday, effective April 18.

Officials in D.C. have sought to punish Philadelphia's Housing Director for not selling a vacant property to a friend of the HUD Secretary. The city was then found in violation of rules, and could now lose $50 million in housing funds.