Community Development Digest

Nevada

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Declining Snowpack in the West Exacerbates Drought

Warm temperatures in February contributed to further snowpack decline in the Cascades and Sierra Nevada, according to data from the third 2015 forecast by the U.S. Department of Agriculture's Natural Resources Conservation Service (NRCS). Snowpack in Nevada, Utah and Idaho also fell further behind normal.

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HUD, New Hampshire City Settle Fair Housing Act Violations

The agreement settles allegations that the municipality violated the Fair Housing Act when it enacted an ordinance requiring landlords to evict tenants cited three or more times for “disorderly action,” including domestic violence incidents.

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Lessons Learned from Failed Cross-Sector Collaboration in Vegas

Las Vegas faces myriad community development challenges. It has the nation's highest unemployment rate, one of the lowest high school graduation rates, the lowest share of children enrolled in early childhood education, and a high rate of violent crime. Experts say that the scale of need in Southe...

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Recession, Housing Crisis Drive CDFI’s Expansion

California-based Clearinghouse CDFI is a good example of how a CDFI matures and how begins reassessing its mission in the face of an ever evolving economy.

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Zappos' Investment Ignites Tech Industry Boom in Vegas

The relocation of Zappos.com's headquarters to downtown Las Vegas will bring 1,000 new workers to the city.

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Grants Aid Entrepreneurs With Code Compliance, Renovations

A new grant program in Las Vegas aims to aid businesses with the hefty price tag of renovating old buildings for reuse as new restaurants and bars.

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Donovan Urges Passage of Home Refinancing Bills

HUD Secretary Shaun Donovan is urging Congress to move on three Senate bills offered this week that will increase access to mortgage refinancing and stabilize neighborhoods by helping prevent foreclosures. Donovan, speaking during a May 11 conference call with reporters, says the bills can help fil...

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(HUD) White House, Donovan Still Pushing 'Project Rebuild'

    HUD officials and President Barack Obama are continuing to press the case for Project Rebuild, the expanded version of the Neighborhood Stabilization Program (NSP) that would include commercial properties in revitalization efforts. The program was part of the initial Jobs Bill offe...

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(STABILIZATION) HOPE NOW at Twice HAMP Rate of Mortgage Modifications

Mortgage modifications in the voluntary HOPE Now program continue at nearly twice the rate of the Obama administration's Home Affordable Modification Program (HAMP), according to the latest estimates from HUD and the Treasury Department. In July, HOPE Now provided 55,700 permanent modifications, ne...

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(HOUSE) Bill Ending Mortgage Modification Plan Moves to Floor

House Financial Services Committee Republicans pass legislation (HR 839) that would end funding in FY 2011 for the Obama administration's leading tool to prevent home foreclosures. The bill is expected to be considered late next week. The Home Affordable Modification Program (HAMP) has provided abo...

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