August 17, 2011
2011 has proven to be a stormy year for people all across America. It seems that every month, FHA and HUD press releases announce a new set of states receiving FHA/HUD assistance in the wake of storms, floods, and other natural disasters.
Such assistance usually includes forbearance on FHA loans, a moratorium on foreclosures, and FHA loan assistance for repairing or rebuilding houses affected in federally declared disaster areas. But now there’s a new type of help–something the Department of Housing and Urban Development describes as “unprecedented” in a recent press release.
HUD now offers “assistance to families affected by this spring
Joe Wallace has been specializing in military and personal finance topics since 1995. His work has appeared on Air Force Television News, The Pentagon Channel, ABC and a variety of print and online publications. He is a 13-year Air Force veteran and a member of the Air Force Public Affairs Alumni Association. He was Managing editor for www.valoans.com for (8) years and is currently the Associate Editor for FHANewsblog.com.
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