Last Updated: September 26, 2005 12:37pm ET

New Program Will Provide Rental Housing to Katrina Victims

WASHINGTON, DC-The heads of the US Department of Homeland Security and Department of Housing and Urban Development reveal a multifaceted transitional housing plan that will allow victims of Hurricane Katrina to relocate from shelters to rental housing. While the National Low Income Housing Coalition applauds the effort, the organization questions the means of facilitating the plan.

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Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

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