Las Vegas Sun

April 26, 2024

HUD boosts staff in Las Vegas to handle foreclosures

WASHINGTON -- The HUD secretary said today he is immediately dispatching a three-person foreclosure rapid-response team to Las Vegas and plans to add a total of eight new members to its Clark County office to deal with the housing crisis.

Housing and Urban Development Secretary Shaun Donovan said he is also reviewing options for getting Las Vegas and other areas hit hard by the foreclosure crisis additional funding after the Southern Nevada region failed to qualify for a recent round of Neighborhood Stabilization funds available in the recovery act. He plans to have options within 30 days.

Donovan outlined his plans for Nevada in a letter today to Senate Majority Leader Harry Reid after the two met in Reid's office last month.

Donovan, in the letter to Reid, reiterated "HUD's commitment, and my personal commitment, to working closely with you and your staff as we focus on finding ways to make more federal resources available to address the foreclosure crisis in the Las Vegas area."

Donovan said he dispatched the three-person foreclosure team to Las Vegas, effective today. Five other positions in the office are expected to be filled by March 31.

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