The controversy over the $8,000 tax credit is over. HUD has officially announced it is now available for the use of down payment and closing costs. Rules still apply so find out if you qualify.

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With sketchy lending practices ravishing the housing market into destruction, HUD offers up more protection for home buying consumers. The mortgage reform encompasses the practices of lenders, brokers and agents that have offered up services from affilitaed businesses in order to gain profit at the consumers expense.

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The US Department of Housing and Urban Development awards $8 Million in grants to seven projects across the United States that provide housing for low-income people affected with HIV/AIDS.

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