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How can HUD's Goals for 2012 help YOU in 2012?
Reading through HUD's 2012 Budget* admittedly isn't all that exciting, however when reviewing Secretary Donovan's goals for 2012, there's some good news for this upcoming year... especially for homeowners and investors in real estate. We're excited that some of HUD's 2012 Goals match up with our own Homeowner University 2012 Goals.
HUD's 3 Core Principals for 2012 Goals:
- Continuing to provide critical support for the housing market while bringing private capital back into themarket;
- Protecting current residents – and improving the programs that serve them; and
- Proposing no new initiatives – while continuing to invest in initiatives that have been part of our budget the last two years and are critical to winning the future.
This points to HUD's 2012 Goals for strengthening the housing market. Without a housing recovery, we won't see a true economic recovery in the United States. More than just helping new buyers get into debt... it's about helping families fit a home purchase into their budgets, and benefiting from owning a home. Stronger neighborhoods, pride of ownership, and the opportunity to create stronger financial positions long term.
In his Testimony regarding the 2012 Fiscal Year Budget Request earlier this year, Secretary Shaun Donovan discusses his mission to ensure that HUD meets these 2012 Goals:
HUD's 2012 Goals:
- Goal 1: Strengthen the Nation’s Housing Market to Bolster the Economy and Protect Consumers
- Goal 2: Meet the Need for Quality, Affordable Rental Homes
- Goal 3: Utilize Housing as a Platform for Improving Quality of Life
- Goal 4: Build Inclusive Sustainable Communities Free from Discrimination
- Goal 5: Transform the Way HUD Does Business
One of the things we're excited about at Homeowner University is HUD's message stressing the importance of education for new and existing homeowners. Knowledge is key to creating a sustainable housing market.
"The Department is equally focused on assisting consumers throughout the homeownership process, from increasing their knowledge of the mortgage products they are considering to protecting them from fraud in any phase of that process."
One of the 2012 Goals we have at Homeowner University is to continue to bring educational opportunities to the community with "ease of use". Providing Free Online Homeowner Workshops is one of the best ways to meet people at their level, on their schedules. With a variety of free classes to choose from, as well as a growing library of workshop topics, Online Workshops are easy to attend and are extremely educational.
At Homeowner University, we will continue to do the lengthly research needed to be able to drill down information about all of the housing and lending programs and make it easier to understand. There is a lot of help available to homeowners today, but one of our 2012 Goals is to "keep it simple". Imagine the benefit of us taking a 47 page government document and highlighting the main bulletpoints that really matter to ALL of us, real people.
We're looking forward to a great 2012 and our 2012 Goals are all geared towards helping YOU succeed this next year, as well as years and years to come!
Happy New Year!
~Homeowner University Staff
*Source Document
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