The Green and Healthy Homes Initiative (GHHI) will soon launch a new app that will allow families to conduct healthy home audits. Why? Because right now there are roughly 6 million substandard housing units nationwide, and low income persons are much more likely to live in them than their middle income peers.
Once again, the Obama Administration is being accused of declaring a "war" on suburbia. Nothing could be more absurd and self-serving, or just plain sad. The latest cause for panic is a new rule from the U.S. Department of Housing and Urban Development (HUD) that says every community that gets HUD money must have a plan to make equal access to housing a reality -- as opposed to a rarely enforced legal principle.
Over the last decade, reverse mortgages have been aggressively pitched in TV ads as an easy way for seniors to cash in their home equity to pay for living expenses. However, for many, improper use of the product -- such as pulling all their cash out at one time -- has led to significant financial problems later, including foreclosure.