Posts Tagged ‘guam’

HUD Announces Record $1.9 Billion in Grants to “End Homelessness”

December 26th, 2016 Comments off

Credit: HUD.

On December 20th, the Department of Housing an Urban Development (HUD) announced that it has awarded a record $1.95 billion to numerous homeless assistance programs across the U.S., including Puerto Rico, Guam, and the U.S. Virgin Islands.

As part of the Obama Administration’s effort to prevent and end homelessness, the U.S. Department of Housing and Urban Development today awarded a record $1.95 billion in grants to nearly 7,600 homeless assistance programs across throughout the nation, including Puerto Rico, Guam, and the U.S. Virgin Islands,” HUD said in a prepared statement.

The awards, know as “Continuum of Care” grants, are intended to “prevent and end homelessness.


Julian Castro. Official photo.

Per CNS News, HUD is urging states to spend the grant money on their “highest-performing local programs that have proven most effective” in reducing homelessness.

Today marks another critical investment in support of those working each and every day to house and serve our most vulnerable neighbors,” said HUD Secretary Julian Castro.

We know how to end homelessness and will continue to encourage our local partners to use the latest evidence to achieve success. These grants support proven strategies to end homelessness once and for all.

Among the states receiving grants, California will get the largest share a total of $352,946,617 for 933 local homeless-assistance projects, followed by New York with $195,920,284 for 621 projects, Illinois $104,862,190 for 416 projects, and Pennsylvania $100,357,941 for 515 projects.

Among the states receiving the least in grants are: Wyoming, $291,611 for 5 projects, South Dakota with $1,264,095 for 10 projects and North Dakota receives $1,903,991 for 20 projects.


Screen capture from the 6 page document by Dr. Carson, posted on a commentary linked here. Carson has been named by the Trump transition team as the president-elect’s pick to lead HUD, which is the primary regulatory agency for the HUD Code manufactured housing program. Will Dr. Carson work to merge, for example, DOE’s energy program back into HUD? The document download linked from the commentary above offer clues.

The Solution for Homelessness, Hiding in Plain Sight

As Daily Business News readers – and forward looking manufactured housing professionals and investors know –  manufactured homes provide a quality, affordable solution to the housing challenges that the nation faces.

A growing number of mainstream media, as well as federal public officials and politicos in both major parties agree on that fact, as is reflected in the Julian Castro video posted below.

MHI and MHARR have both welcomed incoming HUD Secretary Dr. Ben Carson.

Dr. Carson has been invited in an open letter by our publisher to better understand the potential for manufactured housing to save on federal budgets, while offering free market solutions that can cut homelessness and increase independence rather than dependence.

With the U.S. Census Bureau reporting an average manufactured home price of $66,000 (see 2016 manufactured housing fast facts report, linked here), the manufactured housing industry could provide 29,545 homes with the $1.95 billion in grants that HUD has made available. Leveraging that same sum could raise that by a factor of 10 to 20. Using a more modest model manufactured home than the median or average size would further increase the potential impact the total numbers served by such government programs.

Over time, following that pattern, federal and any matching state/local spending could be cut, while dramatically improving the lives of each of those touched.

The solution to affordable quality housing is hiding in plain sight. ##

(Image credits are as shown above.)


RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

Modular Housing on Tap for Homeless in Guam

May 26th, 2014 Comments off

According to, included in Guam’s Gov. Eddie Calvo’s 2014 State of the Island address is construction of transitional housing to accommodate up to 15 homeless households composed of adults only. With funding from the public health department, the Guam Housing Corporation (GHC) is leading the effort to find appropriate building sites, and to keep the housing affordable is strongly considering light gauge modular construction methods. has learned GHC is consulting with various homeless service providers to develop the program design and support services needed. ##

(Photo credit: Matt Weiss/–Micronesia steel modular housing)

Federal Housing Authority Lowering Loan Limits

December 12th, 2013 Comments off

The Federal Housing Administration (FHA) has revised the loan limit ceiling for single-family mortgages in 2014, reducing it to $625,000 from $729,750. The change will result in approximately 650 counties having lower limits, according to what reports from the Department of Housing and Urban Development (HUD). For low-cost housing areas the loan limit floor will remain at $271,050. FHA-insured reverse mortgages will continue to have a maximum claim amount of $625,500. The limit for a single-family loan in Alaska, Hawaii, Guam and the Virgin Islands, will be $938,250 due to higher construction costs in those areas, as MHProNews has been informed. FHA Commissioner Carol Galante says, “As the housing market continues its recovery, it is important for FHA to evaluate the role we need to play. Implementing lower loan limits is an important and appropriate step as private capital returns to portions of the market and enables FHA to concentrate on those borrowers that are still underserved.”

(Image credit:

CFPB Region Director Could be Watching You

January 8th, 2013 Comments off

OriginationNews reports the person who helped plan staffing, enforcement and direction of the Consumer Financial Protection Bureau (CFPB) is now the regional director of the West Region office of the agency in San Francisco, covering 18 western states including Alaska, Hawaii and Guam. Edwin L. Chow is responsible for consumer protection and supervisory activities of regulated depository financial institutions with assets over $10 billion, and also in charge of non-depository financial services companies, supervising staff and managers in those locales. Consumer complaints against mortgage companies can now be filed on-line with the CFPB, and the company has 15 days to respond, at least to the CFPB. Lack of a response could bring the heat of investigation from the Bureau. Commissions for the loan originator (LO) are a fixed percentage based on the loan amount, with a focus on the best deal for the customer rather than the best percentage for the lender and/or the LO. MHProNews has learned that as of Jan. 28, FHA-approved lenders and LOs must provide accurate, timely and complete and pertinent company identification information to the FHA; and lenders need to regularly  review and update TPO (third-party origination) information in the Sponsored Originator Registry. How the agency will define Qualified Mortgages is yet to come.

(Image credit: Federal Housing Administration)

Affordable Modular Housing in the South Pacific

October 22nd, 2012 Comments off

Marianas Variety reports from Micronesia in the South Pacific the first green-designed modular homes are becoming commercially available as affordable housing on the island. Nanum Consulting Corp. is partnering with Guam HNC Inc. and Guam Nexus C&D to build steel-framed affordable one and two-bedroom homes for $50,000. The homes have typhoon and earthquake resistance qualities, as well as materials that resist fire and termites. As MHProNews has learned, the estimated construction rate of $80-85 a square foot is 30 percent less than the island standard of $125 a square foot for site-built homes, and the one and two-bedroom modular homes can be erected in 30 days.

(Photo credit: Matt Weiss/Marianas Variety)