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  • Public housing soon back in New Orleans' hands

    More than a decade after chronic mismanagement led to a federal takeover, the Housing Authority of New Orleans will officially return to local control July 1, city and federal officials said Wednesday.

  • President Barack Obama, center, puts his arm over outgoing Sec. of Dept. of Housing and Urban Development (HUD) Shaun Donovan, left, as he announced his nomination of San Antonio Mayor Julian Castro, right, to replace Donovan, in the State Dinning Room of the White House in Washington, Friday, May 23, 2014. (AP Photo/Pablo Martinez Monsivais)

    Cabinet shuffle: Donovan to OMB, Castro to HUD

    President Obama on Friday called on the Senate to quickly confirm his new picks to lead the Department of Housing and Urban Development and Office of Management and Budget.

  • Obama picks San Antonio Mayor Julian Castro as HUD secretary

    President Obama on Friday will nominate San Antonio Mayor Julian Castro to be his new secretary of housing and urban development.

  • Obama taps Castro for Cabinet, boost to Democrat

    In a second-term Cabinet reshuffle, President Barack Obama tapped San Antonio Mayor Julian Castro on Friday to be the nation's next housing secretary, giving a prominent national platform to one of the Democratic Party's most celebrated up-and-comers.

  • White House: Obama to add Julian Castro to Cabinet

    President Barack Obama will nominate San Antonio Mayor Julian Castro to become housing secretary and will tap Shaun Donovan, his current housing chief, to run the budget office, a White House official said Thursday.

  • Obama reshuffling cabinet with Shaun Donovan moving to OMB, Julian Castro to HUD

    President Obama is preparing to shuffle his Cabinet, with Housing and Urban Development Secretary Shaun Donovan to lead the White House Office of Management and Budget and San Antonio Mayor Julian Castro to take over at HUD, according to various media reports.

  • Obama considering new housing and budget leaders

    Shuffling his second-term Cabinet, President Barack Obama plans to nominate Housing Secretary Shaun Donovan to be budget director and is considering San Antonio Mayor Julian Castro to succeed Donovan, according to people familiar with the selection process.

  • NJ congressmen raise Sandy concerns with HUD chief

    Members of New Jersey's congressional delegation have raised concerns about delays in helping homeowners recover from Superstorm Sandy.

  • Colo. Gov. John Hickenlooper, second from left, flanked at right by U.S. Senators Mark Udall, far right, and Michael Bennet,  and backed by about a dozen Colorado mayors, speaks to members of the media on the state Capitol steps during a visit from Secretary of U.S. Housing and Urban Development (HUD) Shaun Donovan, left, in Denver, Friday, March 14, 2014. Secretary Donovan  announced Friday that Colorado is getting an additional $199 million from the federal government to help communities devastated by September's historic floods. (AP Photo/Brennan Linsley)

    Colorado gets $199M more for flood recovery

    Colorado is getting an additional $199 million from the federal government to help communities devastated by September's historic floods, U.S. Housing and Urban Development Secretary Shaun Donovan announced Friday.

  • Senator: NJ Sandy rebuilding aid must be speeded

    Government officials must speed the way home rebuilding aid is getting to thousands of New Jersey victims of Superstorm Sandy, which can be done in part by revamping a burdensome application process, a senator from the storm-battered state said Wednesday.

  • Study: Living in poor neighborhood can hurt health

    Back in the 1990s, the federal government tried an unusual social experiment: It offered thousands of poor women in big-city public housing a chance to live in more affluent neighborhoods.

  • Shaun Donovan, secretary of housing and urban development (AP Photo)

    HUD secretary concedes obstacles to home ownership

    Shaun Donovan, secretary of housing and urban development, said Sunday he thinks it's unlikely that home prices will continue to drop and calls it a good time to buy a home.

  • Housing and Urban Development Secretary Shaun Donovan says the administration's goal no longer is "for all Americans to become homeowners," but rather to promote the American dream only for those who can afford it. (Associated Press)

    Owning a house no longer part of the American dream?

    As Congress and the White House debate how to patch up the housing market after four years of crisis, one clear lesson has emerged: Political leaders for the first time in decades no longer see the American dream of homeownership as the all-consuming goal it once was.

  • Lenders get OK on foreclosures

    President Obama's top housing official said Wednesday that lenders are within their rights to resume foreclosures this month despite allegations that they erred in processing documents. But he said the banks could face fines if found to have broken the law.

  • Gary Officer (left), CEO of Rebuilding Together, and Shaun Donovan (right), secretary of housing and urban development, escort homeowner Ruthie Lee Jones, whose home is one of 50 being rebuilt in five days by volunteers from around the country as part of Rebuilding Together's Fifty for Five in the Gentilly neighborhood of New Orleans on Thursday, Aug. 26, 2010. Ms. Jones has not been in her home since Katrina devastated the New Orleans and the Gulf Coast in 2005. (Cheryl Gerber/AP Images for Rebuilding Together)

    HUD chief cites progress in New Orleans housing

    Housing and Urban Development Secretary Shaun Donovan said Sunday that solid progress has been made in the past 18 months to return families to their homes in New Orleans and that several new programs are in the works to help try to revive the housing market.

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