Valley Public Radio - Live Audio

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The Federal Department of Housing and Urban Development has issued a new audit claiming the City of Fresno may have misused millions of dollars in community development block grant money.

 

The audit claims the city misspent or failed to properly track money intended improving living standards in disadvantaged neighborhoods.

 

Charmion N. Kinder / HUD

The nation's top housing official visited Fresno today to generate support for the Obama administration's efforts to stem the foreclosure crisis. 

Shaun Donovan, Secretary for the U.S. Department of Housing and Urban Development met with homeowners and members of the media today, saying that preventing foreclosures is key to stabilizing property values and boosting the economy.

Charmion N. Kinder / HUD

On this week's Valley Edition, we talk with U.S. Secretary of Housing and Urban Development Shaun Donovan and Congressman Jim Costa about the nation's on-going housing crisis, and possible solutions. Donovan is visiting Fresno to talk about the Obama administration's Home Affordable Refinancing Program (HARP) and another set of proposals from the President involving housing issues.