Texas is seeking $2 billion in additional aid from the federal government, including $367 million in Community Development Block Grant funds to repair and rebuild housing damaged or destroyed by Hurricane Rita, despite opposition from the Bush administration.Texas Gov. Rick Perry told the Senate Appropriations Committee that the administration opposes his request for additional CDBG funds because most of the damage to housing in his state was caused by wind, not flooding. The Republican governor stressed that it doesn't matter to Texans which "force of nature" leveled their home or school. "All that matters is whether the government is going to supply the aid desperately needed to pick up the pieces of their scattered lives," he said. The Bush administration has requested an additional $4.2 billion in additional CDBG funds for Louisiana as part of a supplemental appropriations bill, but the request does not include additional CDBG funds for Texas. Last December, Congress approved $11.5 billion CDBG funds for the Gulf Coast states that allotted $6.2 billion for Louisiana and $5.1 billion for Mississippi, but only $74.5 million for Texas.
-
Calyx Path's integration with Friday Harbor clears paperwork for underwriters, while Dark Matter's Ask Aiva quick verifiable answers to LO questions.
8h ago -
Nearly 18 million homeowners in the 100 largest U.S. metros paid HOA or condo fees in 2024, with 2.6 million paying $500 or more monthly, according to a new LendingTree report.
9h ago -
The Department of Justice is seeking court approval to immediately fire more than 600 employees, slashing the CFPB's workforce by 53%.
9h ago -
The artificial intelligence-based technology automates manual processes associated with the financing, including draws, for homes under construction.
11h ago -
The lender claims an originator ambushed executives in a negotiation with the confidential company financials and claimed to have shared them with competitors.
April 1 -
While San Francisco had the biggest improvement in affordability for prices today versus 2019, Hartford remains in a very deep freeze, First American said.
March 31








