With the recent influx of in-sourcing in the manufacturing industry, congress is looking to continue the trend in the housing sector with their recent Housing and Urban Development (HUD) budget increases. In the president’s 2013 HUD Housing Budget overview, it is highlighted that HUD sectors will work to employ hundreds of workers over the next year with the help of this increase.
Congress’s plan of action includes:
- Creating a 3.2% budget increase. This is planned to facilitate hundreds of jobs in the U.S. in 2013 in the HUD sector.
- Helping metropolitan and rural communities undertake a new phase of transportation zoning, building code, and land use reform.
- Aligning housing and transportation investments, so that they can be responsive to the needs of regional economies.
- Continued investments into programs such as the Community Development Block and Native American Housing Block Grant.
- Restoring funding for Sustainable Communities grants. Sustainable Communities grants are part of a silo-breaking, inter-agency Partnership for Sustainable Communities with the Environmental Protection Agency and the Department of Transportation that embody the President’s commitment to being a new kind of federal partner to states, regions, and localities.
These increases are just a few that will work to aid the housing industry as well as the economy as a whole in 2013. Looking to buy a HUD home, or sell your house? Give us a call at (480) 227-5214; we are a local company and a proud member of the Better Business Bureau. AllHomesAZ is ready to pay for what you have to offer us!
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