White House Sets Out $45B For HUD In 2013

Law360, New York (February 13, 2012, 6:23 PM EST) -- The Obama administration on Monday earmarked $44.8 billion for the U.S. Department of Housing and Urban Development in its proposed $3.8 trillion fiscal year 2013 budget, increasing its commitment by $1.4 billion in an effort to help families remain in their homes and revive distressed neighborhoods.

The 3.2 percent increase in funding for HUD comes on the heels of a wave of new measures the administration has undertaken or promised to implement over the past several months as it attempts to mitigate the lingering damage caused...
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