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FOIA Number: 2006-0458-F
FOIA
This is not a textual record. This is used as an
administrative marker by the William J. Clinton
Presidential Library Staff.
Collection/Record Group:
Clinton Presidential Records
Subgroup/Office of Origin:
Communications
Series/Staff Member:
Don Baer
Subseries:
OA/ID Number:
10135
FolderiD:
Folder Title:
LATINO Issues
Stack:
Row:
Section:
Shelf:
Position:
s
90
2
6
2
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U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
THE SECRETARY
WASHINGTON, D.C. 20410-0001
July 19, 1996
MEMORANDUM FOR: President Clinton
/~au;
4~FROM: Henr-y-- G. -ci-srrros
- n..& 49-
. _..
SUBJECT:
Sharp Contrast on Latino Issues
On the second and third pages of these clips from the Denver Post
describing my address to the National Council of La Raza, I made
the contrast .between your stands for Latinos on the hot issues
and the positions of our opponents. It makes for a very strong
contrast and for a case that is readily .accepted by Latinos from
across the nation. If you can hold this contrast through the
upcoming immigration and welfare reform decisions, you will get
the highest Latino turnout and vote share of any President since
Lyndon Johnson in 1964, 32 years ago.
�DENVER POST
JUL 1 7 1996 .
Cisneros
stumps for
Clinton
Latino choice clear~
HUD secretary says
between the
Clinton and Dolf: campaigns for Latinos p.1r·
ticipating in the Nali1>nal Council of La Rnza
conference this week in Denver.
Cisneros. who appeared as yesterday's
keynote speaker on ~half or Clinton at the
Colorado Convenliou Center. said the c:holce
for Latinos is clear.
"I believe this election goes beyond poli·
tic.-s, beyond civics.... It's more basic lhan
that," an impassioned·· Cisoeros said ... In
199G - fCJr 1..1tir1r,s - this is personal. If we
don't become ~~ilil<!ns, vote, light for educa·
lion, it's our children who will be in jeopar·
dy. rt's thai pt~rsonal. ..
His appearance.carne a day after Arizona
Sen. Jolm McCain spoke to the conference on
behalf of GOP presidential candidate Bob
Dole. McCain told members 'that he supports
tougher immigr<ttion laws but also legal im·
migration and health care for children.
Cisneros' talk also trailed a news confer·
ence yesterday by La Raza board chairwom·
an Irma Flores Gonzalez and President Raul
Yzatuirre in which the nair blasted the Clin·
"---------------------------------------------........;
Spac;ial"' The Denver Poal/ Sbarokln IMyo
Housing Secretary Henry Cisneros spoke passionately at
the National Council of La Raza's annual convention yes·
terday about reasons Latinos should re-elect President
Clinton. The luncheoo cr~Y!d of about 3,000 erupted In applause several tlmes as he outlined Clinton's stance on Issues of Importance to the Hispanic community.
�ton and Dole Ccllrtpaig~s for positions ant!
. tactics offensive to J.alinos.
Gonzalez pointed to campaign television
ads aired by the Republican and Democratic
national· committet!s that refer to undocumented immigrants as "aliens·· and present
offensive stereotypes of people fleeing on
foot, apparently ar.ross the U.S.-Mexi<:o bor·
d~
.
La Raz& oflicials charged that the twu po·
litical parties and candidates are making
Latinos the designated scapegoat or the 1996
presidenlial campaign.
. "It appears as if the presidential cam·
p;ngn has found its 'Willie Horton' for 1!196," have run their course and will not· return,
Gonzalez said, referring to the convict who said Denver Cit\' Councilwoman Debbie Or·
sexually assaulted a WQman while on a tega, a Democrat. The GOP ads, bov.ever.
· ·
state-sponsored furlough irom a Massachu- are still running, she st~itl.
setts prison:-A GOP attack all featuring Hor- . During his Spei!Ch. however. C'ISneros de·
ton helped George Bush defeat Michael Du· fended Clinton's record of aptffjqtjgg 1aUkakis in 1!188.
oos and touted his defense ol a trmati•e ac"The lies. gross distortions and inflamma- 'm at a time when tt is under alGC£
tory imagery that blanltd these ads not only -""'the president concluded tbat affirmative
reinforce stereotypes about our community action is an effective tool. He said, 'Let us
but also -add gasolil)e to the anti-immigrant, mend, not end affinnative action,' '.' Cisneanti-Latino bonfire ablaze in the nation," ros said.
Goozalez said.
On official English legislation1 also known
Ia Colorado, the DP.mocrat can1paign ads as "Erighsh only/' ~tsneros sa1d that Clinton
knows that language should not be used to
separate the nation. He pointed to example~
throughout the nation's history in which im·
•iligranls from Europe and tbe Middle East
. spoke lar~guages oth'!r Iha11 Eng_lish a net ;ur
official lang~age was not needed.
On immiirat1onf119isneros said it makes no
·. sense to puRisb c 1dren of immigrants by
wil_hholding education· and health care ser·
: viCes.
"H a person is illegal. their children
· should not be denled education; which would
Please see CISNEROS on 58
�..
CISNEROS from Page 18
perpetuate another generation that
can't read or wrile. The other side
says. 'If we can generate enough resentment, we can win,' " Cisneros
said of the Dole campaign.
Clinton opposed C&lifornia's Proggsition 187~ a successful measure now
mired lnhe courts that aims to deny
public services to undocumeated immigrants, saying it was bad public
policy, C~neros noted. A siRlilar
measure for Colorado was being pro:.
moted by the same people. he. said.
"They call it 'save our state.· " Cisneros said. "Save our state from
what? Save our state from the people
who explored it, named it. worked il
picked its crops and built it?" The
crowd went wild with applause as
Cisneros continued. referring to Latino rnen as one of the largest worlting
groups in the United Slates.
·
The minimum wage increase. he
said. IS cruc1ai (o Latinos. More than
1.6 million Latinos will benefit directly from an increase io the mini·
mum wage, he said.
Cisneros blasted Congress' amend·
ment to exclude the restaurant busi·
ness from the raise. Food service,
Cisaeros said, is one of the main ar·
eas of employment for Latinos.
"If we ever needed .c;tear choices,
these are clear 'choices. The other
(party) views immigrants as scapegtlats. The other side says if we can·
generate enough resentment (of tlttl·
nos). we can win. That is a very clear
choice." he said.
·
"The olhtr side wants to impose
English as the official language. 'J:bat
would mean that a good portion of
children wilt be put down. Maybe
they think that if they put children
down, they can keep them in bondage
a little longer," Cisneros sald.
The National Council of La Raza is
the nation"$ largest HlspaDic constitu·
eocy-based organization. Susan Ber·
resford, president of the Ford Foan·
dation, Is the luncheon keynote
speaker today, the fiqal day of the
conference.
An awards ceremony and dance
are sc(Jeduled to begin at '1:30 p.m.
�JUL 17 1996
DENVER-ROCKY MOUNTAIN NEWS
Cisneros blasls GOP policies
Republicans target
Yzaguirre said the candidates Dole sent Sen. john McCain, Rhave flip-flopped on key issues. Ariz. McCain is a favorite of La ·
fiery speech at a Na- He ac.:cused them of trying to Raza because oi his stances in
tional Council of La Raza Confer- appeal to voters who want to end favor of diversity and against offience luncheon at the Colorado affirmative action, create an offi- cial-English laws.
Yzaguirre on Tuesday also
By Hector Gutierrez
~
Convention Center drew rousing cial-English law and crack down
on legal and illegal immigration.
.:__-----:--~=-:--4H..,.··
applause.
blasted Reform Party candidate
fn contrast, he said, President
"In 1992, candidate Clinton Dick Lamm, saying his anti-illeClinton has been a friend of His- promised an administration that gal immigration positions were
'looked like America,' '' Yza- filled with hate.
~a:~~~tJ~~l;j~~t_panics.
guirre said. "In 1996. the presi''He probably has the worst
sa1
ues y
t epu tcans
He listed Clinton's
are trying to make Hispanic chil- affirmative action stance. 1s dent bas yet to deliver (,n that history of demagoguery," Yza.
dren "ashamed of their her- reco@ on ijls@tit apj)Oiriunents promise for Hispanic Ameri- guirre said. .
itage."
and IUs postbons on nnnugralion cans.''
Cisneros said Clinton has a
Turning to Dole, Yzaguirre . pointed an •;extenstve an
iHe told· a crowd of 2,000 in and official-tnghsb measures.
Dem·er that man)' GOP candi''(Chnton's recoid} IS solid,'' said, "In the course of a 30-year vers ~up o ..atmos unng h1s
dates are targeting Hispanics and Cisneros said. "There's more to career in public service. Sen. watCh~bnton; he sa.td, has apimmigrants, a minority grout> do and more will be done in a sec- Dole was someone Latinos could pointed 20 Hispanics to office, far
work with.
more than former President
they believe is politically weak, ond term."
"In 1996, candidate Dole is a Bush, a Republican.
in thtir eff9rts to get elected this
But many didn't know that an
hour earlier, National Council of politician we do not recognize.
The president also has made
year.
lie said Republicans are trying La Raza president Raul Yza- Hispanics have no <tccess to can- numerous ke.J appointments of
Hispanic fudges to the federal
to generate hostility among guirre criticized Clinton's record. didate Dole.''
On Monday, Yzaguirre criti- courts so hey could be groomed
American voters who want to At a news conference, Yzaguirre
crack down on undocwnented also criticized the polides of cized Clinton and Dole for skip- for the possibility oi serving on
immigrants and affi..nnative at:- Republican presidential candi- ping La Raza's annual ronfer- the U.S. Supreme Court, the
ence. Clinton sent Cisneros and housing secretat.)' added.
tion. "Thjs is more than politics,'' date Bob Dole.
Cisneros said. "This is person-
Hispanics, immigrants, al.~isneros'
P}t
�U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
THE SECRETARY
WASHINGTON, D.C. 20410-0001
July 19, 1996
MEMORANDUM FOR: President Bill Clinton
FROM:
,...,: -..
I ~y.Pc
reros
Hen(y:
...
4
SUBJECT: Targeting the Good Economic News
In one of our strategy discussions last week it was mentioned that there are
two perceptual shortfalls in the way Americans are reacting to the good economic
n~ws: (1) many people just don't believe the positive economic news applies to
them, and (2) others don't linl< the good news to your policies. I argued then that
these shortfalls require that we break down the economic news in a way that we
can reach sub-groups of the population and then announce "prospective" actions,
so that folks can see that you are trying to make the strong economy work for
them. They need to see you taking steps that go beyond the present (about which
they are still skeptical) to the future (about which they are willing to be hopeful.)
In effect you would be saying: "Today's general good news is not a stopping
point; I have not stopped working to make things better for you."
At HUD, we have taken the positive homeownership momentum and spent
the summer breaking it down for key sub-groups. Tab A describes the schedule of
events we designed and Tab B is a small sample of the press results by target
group across the nation.
I have also attached, as Tab C, a first cut at ideas that would allow you to
break down the nation's positive economic news by target groups and then act on
policies designed to bring the news directly to those groups.
Attachments
�HOMEOWNERSHIP SUMMER SCHEDULE (7/18)
Week of June 3
June 5, POTUS announces $200 FHA premium reduction
June 5 - 7, National Homeownership Summit, POTUS delivers opening address
Weeks of June 10. 17
Travel by Assistant Secretaries to amplify homeownership message
-- travel to key markets to continue throughout the summer
Week of June 24
June 26, Women's homeownership event
-- release of women's homeownership initiative
Week of July 1
July 5, Boston, Hispanic homeownership event (LULAC)
-- goal of 50% homeownership rate for Latinos by 2000 (42% currently)
Week of July 8
July 11, Homeownership Zone NOFA announcement, 11 am press conference-
Week of July 15
July 16, Denver, Regional Summit, HGC attending
July 18, Elderly event, reverse mortgages, lOam press conference
Week of July 22
July 22, Homeownership Rate Announcement
July 23, Portland, Regional Summit
Week of July 29
July 30, Pittsburgh, Regional Summit, HGC attending
August 1, Minority press event
Announce of HUD-HMDA initiative (timed to Fed release of HMDA data)
-- HUD will make HMDA data available on-line to community groups nationwide
·· ··~- ' t ·
-- potentially VPQTUS
�Week of August 5
August 7, Public Housing Homeownership announcement
-- use sale of 40 homes in Columbia Heights as vehicle to announce major PH
homeownership initiative
-- release of document on PHA best practices in PH homeownership
August 9, Miami, Regional Summit, New Urbanism
Week of August 12
August 14, Kansas City, Regional Summit, HGC attending
August 14, Dallas, Realtists
--Announcement of a targeted lending initiative, Ginnae Mae
August 15, Oakland, Regional Summit, HGC attending
"Home Improvement" event (Title I, 203k)
-- potential participation by Home Improvement cast
August 16, Denver, Campus of Learners announcement (tenative)
Week of August 19
August 20, Lansing, Regional Summit, HGC attending
Consumer Press Conference
-- release of report on best practices by lenders
August 22, Seattle, Asian immigrant homeownership announcement
Week of August 26
Democratic Convention, August 25-29
August 31, Atlanta, Habitat for Humanity, 20th anniversary
Week of September 2
September 5, NCDI press conference with Sec. Rubin
-- lead into fall blitz on recovery of cities
September 7, Women's homeownership event
--Los Angeles, with a celebrity
--potentially Tipper Gore
�.
.J
'
,.}
'
·~ -~~~ .. ~.
Women's Homeownership
July 19, 1996
�.····#--· ...... ,. ,.,. . . . . .
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JUN 2 7 1996
An.ANTA CONSTITUTIO~I
~
. . . -..
---
·~,~;.:;:,\o:-··-···~·· _ _ _ .. -·.--:.:....
HUD launches· d~ive~
to·boost number of
female homeowne·rs
The department will
help fund education
and counseling
programs.
'ASSOOATEDPN:SS
f ""2....
Washington - Housins 5ecre·
t91Y Henrv gsnero5 announced
n~w measures Wednesday to boOst
homeownershlp rates among
women. · ·
The Department of Housing
and Urban Development is provid·
ing $250,000 in start-up funds to a
coalition of 32 private and public
groups to design education and
coWlseling prQgrams for potential
female home buyers. .
.
HUD will make homeownership
tntonliation for women av&Uable .
throush a toll-free telephone line,
and ·v.ill distribute It at homebuying seminars across the coun. try \his swnrner, Cisneros said at
a news conference.
'The programs will help women
wade through the .ametimes mind·
numbing details of. budgeting,
credit ~rthlness, nexible .'down
payment and first-time home·
. buyer programs, home mainte·
nance and other Issues.
"We will help women to
overcome these obstacles," he
said. "We're going to replace the
outdated saying that 'A woman's
place is in the home' with a much
better one: •A woman's place is in
homeownership.' ''
·--·While 6S.t pereen'i orall"house:hotds owned homes in 1995, only
49.S percent of female-headed;
households 'had purchased their .
homes.
.
Some mortgage lenders refuse·
to view women as being as credit
worthy as men, Cisneros said. In
other cases, they don't include ali·
mony, child support and earnings
from part-time employment as
part of a woman's income.
And som~times, · the barriers
are psychological. A lot of women
just don't believe they can qualify
.....
for a mortgage, Cisneros
said.
The new initiatives are part of a
campaign by HUD to increase
homeownership to an all·time h.lgh
of 67 .S percent by 2000.
·
"The toll-free HUD line is
--
______ ______ _
SOO·CALLf'HA·
3/f
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SAN DIEGO UNION-TRIBUNE
JUN 2 71996
l.
HUD
jqins
in
effort
to
encourage
r.. .
.
::home ownership by women
BJ Mail £Ia. MoM'e
n./\..
home last year, according to the bureau.
Cisn$-oa said the- Departm~t of HousWASHINGTON -.Housing Secretary • ing and Urban Developmenf:a drive. to
Henry Cisneros :Snnounced yesterday that raise the number of women homeowners is
tEC government is teammg up with a coati-. .part of the administration's effort to lift the
tion of national women's organhations in overaD ~e ownership rate to 67.5 peran effort to boost the number of women cent by 2000.
homeowners in the United States.
'1'o ·achieve this goal of the national
The hoiDe ownership rate among wom- home ownership rate,'" Cisneros said, "we
en c;ontinues to lag, Cisneros sa.id at a news need to increase the home ownership opconference.
.
portUnities for subgroups of the national
HWSTifn5SilYJCI
nJ
. In 1995 according to the Census Bureau 64. 7' percent of A.meriC8ii Jamilies
and 6idmduaJa owned the homes they lived
in but only 49.5 percent of single women
o~ female-headed fUnilles owned their
homes
Am~g women tmder 35, the number of
homeowners is even smaller: 19.2 percent
of such women with childref\ owned their
rights Democratic women candidates, 58
pe~t of iomeo voten support Clinton
whDe 38 percent support Dole.
• ·C"JSneroa aakl the HUD initiative will
seek to knack down obstacles that tradi-
tioaaJJy have prevented women from be,coming homeowners.
He said some l~dera refuse to consider
-alimony or chiJd care payments as part of a
woman'i income. Some discount the value
population. So the focus on women ·ia a or part-time jobs as a. source of lnccnne
particularly important one.'"
. even though a woman may bold more than
HUD'a focus on women cornea aa Presa- ooe part-time job, he added.
Cisneros also said some women have
dent CGDton is seeking t.o maintain his lead
among female voters over his probable difficulty establishing credit in tbeir own
oamea after they have been divorced.
Republjcan challenger, Bob Dole. .
ACCC?tt!inB: to a poD r~ yester~y
HUD, wor~Qng with 15 women's groups
by Emily s LISt, an orgaruzatJOn formed m as weD as other national organizations, wil1
1985 to raise money for pro-abortion develop ways to ·ed~te · women about
..
..
' -
�/
· budaetial. credit, fiexloJe dowu piyment
programs and home maiDtenaooe. ·
HUD and the nation11 groups also plan
to work with housing iDdustiy officials.
: ·lenders and real estate agents to eocour, age them to be sensitive to ·the ~ of
female home buyers.
.. •
•
•
Cisoeroa said psychological factors. also
I prevent aome womeo &om~ homea.
: A woman may think tbe process ia ~oo
1 intimidating aod cumbersome, or she
might thiDk that she abouJd wait until &he
gets 'lllanied" tc;» buy a hocne, he said.
. HUD wiD provide $250,000 this year in
I
start-up money f~ edu_cation and ~l
ing programs aimed at female potential
home buyers. Cisneros added.
The dePartment and the private groups
will distribute booklets and videos, launch
public &ervice ada aod cxpan4 an existing
toll-free number, 1-8()().CAWC'HA. that
offers womea infOrmation about home
ownership opportunities.
The women's groups iDclude the YWCA.
Cburcb Woineo United, the women's division of the United Methodist Church,
wOmell Constructioh <>woers aDd aeca-
tiv~. and
the National Coogress of Negro
Women.
·
·
Chris Boesen. a GOP staff member of
the House Bankin Committee's housing
subconunlttee, saif of the HUD initiative:·
""The goal of this is fantaStic." But he added
that "'the administration has to do atuff like
this because. they won't balance the budget,• a move that. be said would provide
more money for individuals to spend on
housing.
�'
..
JUN-28-' 96 FR I 05: 34
· Thursday, June·21, 1996 ·
tt011 P02
TEL N0:216 522 2975
I D: HUD CLEVELAND
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•
.
••
•
•
•
i~ : . ~ ·. : .
. C·. · ...7'heBeacim:f6Myat
f
I
U.8. launches advice program.
.to help women purcllase hom~
. • Housing sec;etary says he wants to overrome aedit and psychological barrlem ·.
.
I
dllociaW lti:sr
.
sbJD iabmatlon lor womeD avail"We wDl ~ Ve'UD1ell. to ~
alH tbmwda a
come these obltaales." he ald.
line aDd wlil dlsCribute it at.
'We're going to repJace the OIJtdat..
bu;yiag seminars &enWiS tbe coua- ed ~ tb8t •A woman's place Is
· tiY thls summer, CfsnenJs said-at· in tbe !Dae.' wltta· a mudi better
ton-free·':=
WASDING'IVNr Housing ~
Heary Cisneros 8IUlOUDCleCl iDeasurea~ to boost home own-
ershiP ~women:
The
DOI!_~ent
of HouslDg
and Urban_ ~tIs pnMcfing _J2SQ,OOO to a ·coatitiOo of 32
pubUc and private groups to design
=·for
education and counseling pro.
~tential
femaJe home
HUD will make home owner-
a news OODCereoce.
.'lbe
p~ wm ~women · ~:.:oVer
wade tllroWdl·the details of budgetlng, credft worthiness, flexibfe
down p11111ents and first-time
home-tiuyer programs, home·
~ and clher is&ues:
.
GS-
one: .'A woman's place Is In home
ot an ·
~Ia~ homes in 1995,
49.6 percent of~
householils had purchased their
•
homes.
-~
·
nwtgage lendE!rs refuse
to view women as belng,as.¢edit
worthy as mea, Clsnei'os sal4. In
other cases, they don't ~~ aUmoey, cWJd support
and!·~
from part-time employment aslpart
of a woman's lneQine. ·
And sometimes, ·the· barriers
are psychologj.cal. A lot of wdmen
just don't believe t,hey can cniaJ1f\r
for a mortgage. CiSneros Sakl. 'I'be .new tnitlatives are Part• of a
~ by HUD to .mC!'tJI.AM
home oWnerShip to a· high O"freii
percent by 2000.
.
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~June27.1996
I'
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- ·----:;~re-ald
eoi\\~ Jendera.teun~
: t;c; p~nsfder; alimony or' ~lid;~
~-~~~~-~~~o4"ZP.;L!P.;',"•
an.!l'.lncom~ oume u..,._.,_, ... ute ..•
.C:
• •v&tue or pari-tlm4!:Jobs ;~I. I 0
·. • IOlit'ce of: income evei:l thcSjagh : l"l
a MOman m&y.hoJd more,th.in~
01'le part-time Job, he added£. ·· ··· .~
:Oisneroct el*o"BeJ.d ilome wo ··· ·
difrtculty e~bll$hl:nf.
· • cntdlt ln tllelr o-wn names ·aftet ~~...
th~ have been diVbreed. -~ ~ ·; ~,::
;HUD, ,,rklng:With ·16 ~tn~.· t
1
:'
. . \ en have
f.,
ett"a groups as..-weU as othet. "~!
· . tl6hal ot-ganiz;Bttons;jv_Ut <f~~~"-ai
· OJ)i ways, to educate., \V~ilfett ~;;
~ut budgeting, ttedlt4·fi~l&l~i;;
do~pqment prog't'amsr and\(~
home maintenance.
·.
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JUL 0 8 '~96
ORANGE COut~'N ~EG\SlEI
•
HOME:
mm has
Jalinched
a drive tl>
increase
th~ num~r of fe-
mtile
homeownetS.
.-.
.
A
f-M,
A
ttentJou, women: "The
U.S:
govemrnent
wants you - to be a
homeowner.
The U.S. Depart·
· ment of Housing ·and Urbnn De-
velopment -In partnership with
a coalition or 32 women's and citiY.en groups - has launchecl u •
drive to incr~se the number of '
female homeowners.
·
WhiJe about 64.7 percent ol all
American
bnus~holds
own
homes, only about 49.S percent of
female-headed households do
according to HUD.
'
Women w~Jdren were
even less likely to own lheir O'llo'll
home, at about. 4S.J. percent of
such households. And lor worne::n
under the age of 35, the percent·
age falls to just 19.2 percent.
HUD Secretary Henry Clsne~os is working on a program to
!~prove tho~e number11, c11lled
.ttomeown.ership OpJ'()rtunities
for Women. or HOW.
Among the nr•t steps. HUD
plans to spend $250,000 to help
start new educational and counselint programa targeted at
women.
Th~ government agency ahso
will host a variety or conferences
nadonwide to raise awareness
· among real estate professlon.ils
and begin tracking the homeow·
ner11bip rates of ·women on a
quarterly basis. rather than nnnuaUy.
Reaching out to lenders is top
priority, officials say. Currently,
computeri~Ced Ul'lderwrlting mod·
els routinely used by lenders fail
to address the ~ecilll eircunl·
l\t&nces raced by women.
For example, many lenders re·
fuse to count alimony or child
support as Income, or rau to give
equal weight to part-time job~.
For more lnformatiou about
the HOW progt'am, contact
HUD's toll-free telephone hot ine
for a free information packet at
(800) CALLFHA.
Edmund Sanders cove~estate
for The Orange County Register. He
can be reached at (714) 953-2235; by
fax at (714} 565·3685, o' by E·mail at
esanders@.'ocr1.freedom.com and
Ed!!'un~~S(~·aol.com
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Reverse Mortgages
for the Elderly
July 19, 1996
�JUl 19 1996
ORLANDO SENTJNEL
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HUDseeks
extension
of. reverse.
mortgage
ASSOCIATEO PRESS (
5
WASHINGTON - Housing Secrel.all' Henry Cisneros asked Con·
~" on
Tbursday w make penna·
nent a pU6l program that has ex·
tended more than 18,000 govern·
ment·baclced "~verse" mortgages
. to elderly homeowners.
Cisneros said legislation submit·
ted to Congress would eontinue the
Federal Housing Administration
program beyond its
~heduled
expi.
ration date in 2000. The bill also re:
moves the 50,000 Umlt on the num·
ber or mortgages that can be issued.
The program permits qualified
homeowners who are at least 62
years old to borTOw against the Vlllue or their horne and receive payments monthly or in a lump sum.
When the home is sold or the owner
dies, the private lender recovers the
amount or the loan plus interest
The money helps mapy senior.~ to
continue Uving in their homes or to
pay for such thlngs as bills. home
repairs and travel.
But Cisneros said the cap on
mortgages and the temporary nature of the ·program have made
some lenders wary or offering the
service.
More than 12 mllllon homeowners
62 and older would be eligible to
partldpate in the expanded reverse
mortgage program. Cisneros said.
,•
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PITTSBURGH POST-GAZETTE
. . ..... JUL
.. 1 9 \996
.Boosting feverse mortgages
· Cisneros urges Congress to expand program for elderly homcown~rs
By Darlene Superville ~ c g
But Cisneros said the cap on mortgages and the
The Assoc.a1e<1 Pte&s
I
WASHINGTON -H.QYsing$ecretacy HencyCisne.
ms yesterday asked COngress to make ~anent a
pilot program that has extended more than 16,000
government-backed "n:verse" mortgages to elderly
fiomeowners.
Cisneros said legislation submiUed to Congress
would· continue U1e 'Federal Housing Administration
program beyond its scheduled explrallon date In 2000.
The bill also removes the 50,000 liinlt on the number or
mortgages that CBll be issued.
The program pennlts qualified homeowners who
are at least 62 )'cars old to borrow against the value of
their home ana receive pa)'ments month-to-month or
in a Jump sum. When the 'home I& solei or the owner
dles, the private lender recovers the amount or the
Joan plus interest.
Cisneros said the program Is aboon lor seniors who
own homes but have insufficient lnco1ne in their Jatet
years. The money helps many to continue tivins in
their homes or pay for bills, home l:!l~'~!fl~l.
temporaJ)' nature oC the program haa made some
lenclers wary of offering the service.
More than 12 million homeowners 62 and older
would be eligib1e to participate In an expanded
reverse mortgage program, he sald, noting that the
numbers will gow as tfie baby· boom generation ages.
"This is not another government grant progrllm,"
he said at • news conference where the American
Association ror Retired Persons, the nation's leading
seniors' organluUon, signal~d Its &uppon for tho
le~slaUon.
'This Is stmpt,y giving ~()l)le access to the money
they have invested in their homes,"· Cisneros said.
Among Americans ~ and older, 79.1 percent own
their homes.
UUD also plans to spend $200,000 to publicize the
mortgage program.
•
The announcement Is the latest ln HUD's effort. to
increase the national home own~hip rate to an all·
Umc high of 67.5 percent by 2000. The depanment
recently announcea home ownership errort.e targeLed
toward women, Hispanics and renters.
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Jll. 19 1996
Congress· Asked
·. To Extend; Seniors'·
:. Mortgag~ Program·
AMOCfattd PrtM
Wasblncton .
t:.
f 2
· Housing Secretary Henry Cis·
neroa asked Congress. yesterday to
make. permanent a. p1Jot program
tbat .bas extended more tban 16,·
·000 government.baeked "reverse"
mortgages to elderly homeowners.
Cisneros said legislation sub-
mmed io COn)ress would eontinue
..~.-·-:.·. ·....,.·~ . :·. ·.:.'· ·. ··-. ·.
the Federal Housing Administration procram beyond Its scheduled
expiration date In 2000. The bill aJ.
so removes the 50,000 Umtt on tbe
number of mortgages that could
be Issued.
The program l)ermtts qualltied
homeowners who are at least 62
years 9ld to borrow against the val·
ue of thelr home and reeetve pay.
menta· montb-tO.month or In a
Jump sum. When the borne ls sold
or the owner cUes, the jn:lvate lend··
er reeovers the amount of the loao
plua Jnterest.
.-..
Cisneros sald the program Is a
·boon for sentors who own homes
but have IDBufllclent Jncome fn
their later years. The money helps
many seniors to continue Uvtng Jn
their homes or to pay tor such
thJngs ~ 'bWs, home repairs and
travel.
�HARTFORD COURANT
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Jl 19 1J96
.------------~-------··----·-
.·.
HUD asks to expand mortgage program
J1
Associated Press
£f
WASHINGTON - Housing sdcretary He')g Cisneros asked Con·
gress on T ursday to make perma-
The program permits qualified
homeowners who are at least· 62 ••
years old to borrow against the val·
ue of their home and receive pay·
nent a pilot program that .has . ·ments month-to-month or in a lump .
extended more than 16,000 govern• sum. When the home is sold or the
ment·bac:ked "reverse" mortgages owne·r dies, the private lender reto elderly homeowners.
1 covers the amount of the loan plus
Cisneros said legislation ~bmlt·•1 interest.
ted to Congress would continue the
Cisneros said the program is a
Federal Housing Administration boon for seniors who own homes
program beyond fts scheduled expi· but have insufficient income In their
ration date In 2000. The bill aJso later years. The money helps manv
remrwes the 50,000 limit on the seniors to continue living in thei"r
number or mortgages that could be homes or to pay for such things as
issued.
bills, home repairs and tl"avel.
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·~~·~· ... THE WALL STREET JOURNAL FRIDAY, JULY 19, 1996.-113
.U.S.ActstoExpand
'Reverse Mortgage'
Option for Elderly .
By TARA ARDEN-SMITH
Stt1/f Reporter of THE WALL STRF:ET JOURNAL
WASHINGTON - The Department of
Housing·and Urban Development moved tO
expand a Program allowing older Al'hericans to use the value of their home5 .to
supplement their incomes.
·
Under HOD's "reverse mortgage" program, people more than 62 years old~who
own their homes can draw against the
houses' equity, In monthly payments If
they wish. The loan doesn't have tO be
repaid until the home is sold or the borrower moves out or dies. Banks offering
the mortgages can be insured against
losses by HUD's Federal Housing Administration, but the HUD pilot program is
currently limited to 50,000 participants and
is effective through September 2000. ~ ·.
Yesterday, HUD asked Congress'tri revoke the cap and extend the program
indefinitely, opening it to more than 12
million Americans over age 62 who ·have
fully paid their mortgages.
"Many retired Americans are hOUse
rich and cash poor: they have assets :but
they cannot pay their bills," HUD Secretary Henry Cisneros said. "Older Americans have more than Sl trillion in equity
l~ed up in their homes. We're trying to
g1ve people a way to access their" own
money while letting them stay in their own
houses."
Older homeowners may be abie to
borrow as much as $155,250, depending on
where they live, the value of their homes,
and their ages. A65-year-old could borrow
as much as 26% of the home's value, a
75-year-old as much as 39%, and an 85year-old as much as 56%.
. Even though the program currently has
only 16,000 participants, Mr. CisneroS· said
expansion is necessary to show lenders
that reverse mortgages are worth their
time and ~oney to market and admini~ter.
About 125 banks and mortgage companies
offer the loans now.
·
HUD officials say they don't expect
: much congressional resistance to the expansion: the program requires slight ~n
gressional outlay, and Chairman Alfonse
· D'Amato (R., N.Y.) of the Senate Banking,
Housing and Urban Affairs Committee is a
. longtime supporter of reverse mortg~ges,
says committee spokesman Richard
Mills.
.
The department Is seeking auttioriza- .
lion to spend about $1 mlllion for administrative fees and publicity. A Comell,University study estimated that more ·than
620,000 older Americans could raise 'themselves above the poverty level by obtaining
Income based on their home values. .
�Latino Homeownership
July 19, 1996
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BOSTON HERALD
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HUDchief
unveils
progra~
.(or Ultinos :·
~
Bi MARIE QEHDRON
'
~
The nation's· houalns czar
Qme &o Boston yeeterdai t.o liDveil a DeW education and COWl•
sell~~g ·program deeiped to
boost llomeownerahip .amoDC
Lat1D08 8(1'088 the «>UDtr:J.
·Secretary
hia ageaey
mort•
gage Jeaabls i.nstltuUou and
LatlDO groups to achll'i't I goal
ot '7 percent bom'80WDenllip for
Latl.noe by the )'ear 2000.
The current homeoW~M~P
rate lor Latinoe ia
~reent.·
compared to 65.1 perceDt lor to.
•u
tal O.S.·householcls.
"Our miasion ia to make the
dream of homeownerahlp a rea-
lit)' lor milliona more American
lazn.iliea," Cisneros said.
The Dew lnit.iative iacladec
HUB VISIT: HUO ~Henry Cisneros speakS as Belen Robles. of
• $4 .mlllioo Cor Spauiah &Dd h
~of Unlted- LatJn Amerlcan Citizens. ~steos.
English language advertising
..,""*'.., --..
Prcgrams supported by the lniand marketing J)rograms to in· owner lnf'ormatfon line. to .re·
form Latinoe of homeowaerahip sJ)ond' tO calls in Spallfa.h. The tiathoe will give Latina~ imonnation
opportunities.
- ·
autn~r Is 1·800-CAII·FHA.
about ~ng, a-edit, ftmb&e'
• Homebuyer educatiOn and
• Workl11g with lenders to down payment programs, first-time
eounsellng outreach programs.
_• Expanding a toll:free home-
help them better understand Lhe . buyer programs. maintenanee and
needs ot Latinos.
other tlomeawnel'llhip issues.
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SACRAMENTO BEE
JUL 1. 4 1996
.HUD targeting Latino home ownership
Associaled Pres&
· BOSTO,N -: The federal government is making, a new push to. help La~inos buy homes;
with plans for a $4 million advertising eam·
paign as well as ot.her initiatives, according to
. Ho~ng Secretary Henry Cl&neros.
Cisi1eros said the Clinton admin.isiration
hopes to increase the· O\"eralJ rate of home f)W·
neiship from 65.1 percen.t to 67.5 percent by
th.e· year 2000. To do that; they must reaeb out
to tninorities, said Cisneros; who has already
announced a campaign t.o help. women buy
homes.
At the beginning ofthis year. 41.4 percent. of
Latino households were homeowners. 'lbe ·goaJ
is to raise that to 4 7 percent during the next
four years. adding 900,000 Latino households
to the
of homeowners.
'The white rate is 70 percent," Cisneros
said. "How much higher are you going to get?'" ·
Cisneros said the program· was a "win-win·
win situation:. a win for the fainilies who become homeowners. a win for the communities
in which they Jive, and ·a win for America." ·
ranks
The Department of Housing and U1·ban Development plans a $4 million ad campaign in
Spanish and English explaining home· ow11.er·
ship opportunities. 1'hat's a 33 percent. incre&.se from last year, but still onl,Y a srnal!
part of BUD's total ad budget, Cisneros
said.
.
.
HUD aiSQ plans to set up outreach programs
ana distribute brochures and public service
announcements;. offer Spanish·speaking belp
on its toll.;free telephone hot tine; and work
with lending i~titutiona to help them bettor
understand the Latino community.
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Miami Herald
p.s. program targets
Hispanic homeownership
From Herald Staff and Wire Reports
And Bloomberg Business News
3(_
The federal JOvernment is making a new push
to help Hispan.cs buy homes, with plans for a $4
million advertising campaign as well a!! other initiatives, Housing Secretary Henry Cisnero~ o::aid.
Cisneros said Friday the Clinton administra·
tion hopes to increase the overall rate or hotn·
eownership from 65.1 percent to 67 .S percent by
. the year 2000. To do that, they must reach out to
minorities. said Cisneros, who has already
announced a campaign to help women buy
homes.
At the beginning of this vear. 41.4 percent of
~ispanic households were homeowners. The goal
"·i~ to raise that to 4 7 percent during the next four
·. ·years, adding 900,000 Hispanic households tQ
ch'e ranks or homeowners.
· "The white rule is 70 percent," Ch:neros said.
"How n1uch higher are you going to get?"
The Department of Housing and Urb3n
De\'elopment_plans a $4 million ad campaign jn
Spanish and English explaining homeownership
opportunities. That's 33 percent increase front
.·last year, but still only nnlalt part ofl:ll.l.Q's total
~ad budget, Cisneros said.
:: HUD also plans co set up oulreach programs
..and distributt: brochures and public service
~announcements; otTer Spanish-speakins help on
its toll-free telephone hot line: and work with
lending institutions to help them better understand the Hispanic community.
·
..... 0 61996
�...
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LOS ANGELES TIMES
~CHUSETTS
~~
u~s. ·~Aid I.atiito
Homeownership
The federal govemmenttsmale·
ins a new push to help LaUnos buy
homes; with plana for 'a $4-milHon
advertising campal&n as well u
other tnitiatlves, ·uoustnr Secre·
~Henry 0. ciSiieroe ii14 In
At the beginnlnf of lhlJ
year, 41.4" of LaUno households
were hOmeowners. The roal is ·10
raise that. to 47CJ' c!u,ring lhe next
fow' years. ·In ·addl~n to the ad
campaign ln ·Spanjab · and EngUsh
r-.
explaJning
ho~eownorsh.ip
tunities. the
oppor-
menL r
and
n
plans
lo Mt .up out.rea . 'Prosr&ms. offer . .
Splnilh-spealdnt help an a 1011- ·
fr~ bOlline, and work. with !cncl·
ln
lnr lnstituttans to help them better
· ~ theLaUnocommuntty.
�ATlA(fiA JOURNAL &
JUL 0 7 1996
CONSTITUTION
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.
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;-~..:..._'lbefederalgovem·.
\·,~merrt··u
IJI8lda8 :a -.w push to
"bilid~- bUY. -homes. ·With
p}titJ:rar. a $:i miiUOn ~dye~·
.1~CIP.DP~Ji
.:· . . ,. .. .
~
.
~s w~l.l. as othe~.
.
.
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.
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_that,itl!l\ISt~!B-~-~es... ·. the.~of~WQerS.. · ..
-H~eisnemssudFriclay.
. . At .the -~IUlD:'Jll of this year,_ .. ·Ci$.1e_rqs:~d ~~was.
7snero~."sald t~~ C_linton. 41.4 percent of_HispaDic.bouse-·_.a "win~.Win:~ ~tua~··a.-~~
admiuls~ hopes._ to ~crease. holds were borneo~. Tbe goal. :. (or· the ~Uea who becOme .
the overaJl' rate -ot hoineowner':' ~ . is tO raise that- to 47 pe~t dur- ~ ~. a. Win for. tfle ~shiP. ~ ~-1 percent to fi!.S . :_tng :th!'._next four=-yeani, addiug: ..m~tie:s'JD.:~eh t1ief U.ve· 8lid ~
perca.t by-~ ~ear~-~ ~--··--~~-His~. ·bo~ds .to- ~fc,trarJienca..!'
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Homeownership Zones·
July 19, 1996
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A4
FRIDAY, JULY 12, 1996
WASHINGTON EDITION 1 lOS ANGELEs TIM~
HUD.to Fund Tr~ct Housing in Abandoned Inner-City Ar:~
. . .
-reso~:ted
to ~·a por~-barrel program·· to "cover up its
failure to make housing more affordable for all
ASHINGTON-The Clinton administration, in
a new bid to restore "families, neighborhood
and life" to the nation's inner cities, announced
an ambitious plan Thursday to encourage the creation of
suburban-style tract housing in blighted urban zones.
Challenging cities to design "homeownership zones"
on abandoned center-city land, Housing and Urban
Development Secretary Henry G. Cisneros said that $100
million in federal funds will be dispersed as grants and
loans among as many as a dozen cities that apply for the
money.
. HUD officials said that they expect Los Angeles to ask
for funds, even though the city has few of the large tracts
of deserted inner-city land that characterize most
decaying urban areas around the country. There is "definitely an application of this in Los Angeles," said
Andrew Cuomo, assistant secretary and the official who
will oversee the competition this summer among cities
applying for the money.
Cisneros said that his agency's initiative should fund
projects of 200 to 300 homes in six to 12 cities, gener!lting
new housing for at least 1,200 families. Construction
should begin by this faU, he said.
Officials said that they believe thousands of additional
homes could be built through public-private
partnerships.
However, Rep. Rick A. Lazio (R-N.Y.), the Republlcan chairman ° of the House panel that oversees the
Housing. and Urban Development budget, called the initiative "Christmas in July for a few handpicked communities." Lazio (barged that the Clinton administration has
Americans."
Almost a do::en U.S. cities, including Detroit, San
·Antonio, New York and Baltimore, already have used
federal funds to help forge partnerships among homeowners, banks and local government that have resul~
in center-city tracts of suburban-style housing.
But Cisneros' announcement marked the first time that
his department has created a special fund for such
projects. Cuomo said that the undertaking is a companion
to the administration's ~·empowerment zones," which
established a pool of federal money to help cities attract
businesses into their depr~ed inner areas.
But whereas that effort focused on economic redevelopment. the new homeownership zones· would strive to
return neighborhoods and people to blighted downtowns
by bringing in "sidewalks, porches, yards, attractive
buildings," Cuomo said.
Cisneros called the initiative a turning point in urbanrenewal policy, predicting that specialists in future years
will look back on it as "one of the building blocks of the
new American city." He said that the concept of luring
middle-dass families back to the inner city by creating
neighborhoods and homes that they could own "has the
potential to catch fire" in metropolises across the nation.
Cisneros and Clldtbo emphasized that projects must try
to create large blocks of new housing, rather than small,
scattered efforts. Federal. and city officials conceded,
however, that the Qbj~tive will be more difficult for Los
Angeles-which hasoJ.~wer large tracts of cleared landthan· for many Ea~ end Midwestern cities, where
huge parcels have ~n abandoned.
By MELISSA HEALY,
W
nMESsr~FFW~tml
.
Ann Sewill, acting general manager of\Jte Los Angelel
Housing Department, said that the city definitely will make~
proposal because "there are a lot of different places that thil
could really work."
·
he said that close to 70% of the city's 103 neighborhood!
are potential candidates for projects, but she emphasize<
S
that the city has not deeided on the areas it will propose t(
rebuild.
Efforts to identify those neighborhoods will move int(
high gear in the coming weeks, Sewill said. Among the can
didates are areas of the San Fernando Valley where largE
tracts of housing were heavily damaged in .the NorthridgE
earthquake; she said.
The closure of the Long Beach Naval Shipyard also hru
ptesented the city with the opportunity to buy at relativeh
low cost a large tract of land in the San Pedro and Wllming
tonareas..
•
Sewill cited examples elsewhere In the city of areas tha
have substantial existing housing that either needs rehablli
tatlon or where efforts are underway to encourage renters t<
become homeowners. As examples, she cited neighborhood~
in Boyle Heights. and Normont rerrace, a public housing
project in Wilmington.
.·
"When someone says $100 million, that's a really excUin~
number," Sewill said. "But the trick will be getting our hopel
and dreams to a manageable size and coming up with a com
petitive proposal."
Of the $100 million, S50 mliJion would be outright grants tc
cities and the remainder would be In federal Joan guarantees
Each city selected will receive $5 million to $10 million.
The money could go to buy land, to develop and improvE
infrastructure or to build houses.
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The Sun : Friday, July 12, 1996 : Page 5B
Grant sought to replace abandoned homes
By JOHN M. BIERS
STATES NEWS SERVICE
WASHINGTON- Mayor Kurt
L. Schmoke said yesterday he will
apply for fUnding under a new federal program to construct middleand low-income housing to replace hundreds of abandoned
homes slated for demolition.
. Schmoke's comments followed
a news conference at which Secretary of Housing and Urban Development Henry G. Cisneros announced
a
$100
mUlion
"Homeownership Zone" program
to encourage the middle class to
move back to cities.
Up to $1() million will· be
awarded to as many as 12 cities after a competitive review, Cisneros
said.
HUD omcials expect to receive
hundreds of applications and will
determine winners based on a
number of factors, including
whether applicants are prepared
to immediately proceed with projects.
Applications are due Sept. 17
and the agency will make awards
shortly thereafter.
Schmoke said he was confident
Baltimore would win funding because the city is prepared to use
the money. "We're probably ahead
·of a number of cities in that we're
ready to go," he said.
According to Baltimore Hous- •
ing Department spokesman Zack
Germroth, the city is considering
two locations for its HUD application, in East Baltimore and at
Sandtown-Winchester.
About 800 abandoned homes
are in East Baltimore near Johns
Hopkins Medical Institutions and
about 700 vacant properties are in
Sandtown-Wlnchester in West
Baltimore. The properties at both
sites are slated for demolition.
Germroth said the HUD grant
would help Baltimore construct
more than 300 low- and middle-income homes in East Baltimore,
and more than 500 such homes at
Sandtown:Winchester.
�~. .WJekiuna Dailn Star
Serving Tucson and Southern Arizona
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HUD announces funding
for 'horne-ownership zones'
ban DevelOpment Department
WASHINGTON (AP) Housinl Secretai')' Hemy
Cisneros
IN\ounced
a
wW select the ·zones in the
faD.
muWinmion:ctoUar' home
ownHUD wW make avaUable an.
ership ·sirocram yesterday de- . ln1tla1 investment or up to
signed to revlt&Uze America's
$100 mWlon thls year - $60
bUShted neighbOmaods.
mil11on in srants and $60 million 1n loan guarantees - to be
Cisneros said he hopes to
hue •·'inidclle-income fami11es
used for land acquisition, ln·
rrastructure Improvements or
and ·thOae Uving ln public and
mortpge assistance. 'n\e derental housing by traasformlng
partment will work with· pri·
neglected areas into desirable
vate or non·prorlt developers,
neighborhoods with ~
churd\ groups and b\lllden.
architec:ture,
sidewalks,
porches. and yards.· .
·
Cisneros ·said up to a dozen
communities will be chosen.
C.lsrieros announced a naEach will get $6 mUiion to
. tional competition to review
· tentative ·'sites for designation · $10 niWlon from HUD and
have a mlnlmwn or 200 to
as so-called ·"home-ownership
0
zones." ·The· Housing and Ur-
300 homes.
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�THE PHILADELPHIA INQUIRER
~Friday, July 12, 1996
fNation in Brief
..
I
· : HUD announces program
:for affordable housing .
:
ASSOCIATED PRJ!:SS
: WASHINGTON - ·lfousing Secre'tary Henry G. Cisneros announced a
:multimillion-dollar· . affordable
:housing program.·. yesterday de·
•Signed to revitalize America's
:blighted city neighborhoods.
~ Cisneros said a national competi·
tion would select up to a dozen ~o. called Homeownership Zones. Each
city will get $5 million to $U) mil·
lion from the Department of Housing and. Urban Development and
·have a minimum· of 200 to 300
homes.
HUD will make available an ini·
tial investment of up to $100 million
this year - $50 million ,in grants
and ~so millio'n in loan guarantees
- to be used for land acquisition,
infrastructure improvements or
m,ortgage assistance. HUD will work
with private or nonprofit developers, church. groups and builders.
�i
'
THE DENVER POST
DENVER POST.
JUL121996
HUD unveils inner-city housing plan
. By Melissa Healy
Los Angeles Times
1}1
n
WASHrNGTON -The Clinton ad·
ministration, in a new bid to restore
"famiUes, neighborhood and life.. to.
the nation's inner cities announced
an ambitious plan yest~rday to en·
courage the creation of snbarban·
slyle tract housing in blighted urban
zones. .
.
Challenging cities to design "hom·
eownership zones·· on abandoned cen·
ter-c~ily land,
vel
saJ
c
IDl
·
used federal flUids to help r~ge part·
cities attract businesses into tbeir"ll~.
style housing. , .
But Cisneros announcement mark·
ed t~e first time HUD ~~ created a
speeaal fund for sucb ~rojects.
Andrew Cuomo, assiStant secretary
ol HUD and the official wbo will
oversee the competition tbis summer
among cities applying for tbe money,
ships.
·
said the undertaking was a compan·
Almost a dozen cities, including ion to the Clinton administration's
Detroit. Ne" York. Baltimore and· ·•empowennent zones," which estabSan Antonio, Tens, already have lished a pool or federal money to help
economic redevelopment, the ne~.
home ownersbip zones would strive. •
return neighborhoods and people to
blighted downtowns by bringing in
"Sidewalks. porches, yards, attractive
buildings," Cuomo said.
Cisneros called the initiative a:
turning point In urban-renewal poli-'
cy. predicting that specialists in ·f11•
ture years would -took back on it ·a·
"one or the building blocks of the qew:
Ameriean city."
be dispersed as grants and loans
among as many as a dozen cities tbat
apply ror tbe money.
· Cisneros said his agency's initiative
should .run~ projec~ ol 200 ·to ~DO
homes an sax to 12 otles. generating
. ~w housing f~r at least 1,~00 fam~·
Ues. Const~taonsbould begm by this
(all, he sa1d.
.
Officials said they believe thou·
sands of additional homes could be
built through public-prlvat.e partner·
nersbips among bomeowners, banks
and ICK.-al govermnenl that resulted tn
soch center~ity tracts of suburban-
pressed inner cores.
.
Wbere tllat effort focused on the
�.
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First-Time Homebuyers
July 19, 1996
�,_;.
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Denver-Rocky. Mountain News
June 7, 1996
Fil'$t-time home buyers
get a break from FHA
Clinton armotmces
$200 reduction· in · ~·
premiums for federally
Dole countered that mo~e
· rates have been inaeaaing steadily
since Jauuary to more than 8%
now beCause Clinton.. refused to
agree with -Republican budget cuts
guaranteed mo~ es duririg last year's budget showdowu.
Br Lince a.,
Mortgage rates feU 2 percentage
.,.;St:ri/1Jif;...,.---,lli"'"Owani--=-=M-=--.--=~~--_-t-ill!l"'tt-1 points after Republicans took ~ntrol.of Coogress in 1995, ''because·
WASHINGTON - Preside
• the finaDclal markets anticipated a
ton on Thursday aMOunced a $200 · balanced budget." ·
reduction in premiUms for first-·
"Since Bill Clinton slammed the
time home buyers seeking FHA door shut pn a bi1anced budget this
loans and said the $20 million it January, mortgage rates have
will cost could be "easlly funded." iumped by a full pei'centage point,"
But Republican presidential can- Dole said. ·
dictate Bob Dole said $200 "is
Glinton claimed that homechump change" compared with an ownership· has increased by 3.7
across-the-board reduction in million .smce he took office, and
mortgage interest rates that would said he ,wants to see it inctease by
have come if. Clinton agreed to i . 8 million during the ·next four
balanced budget.
years. .
In a speech to a
Clinton also opposed Republican
mit"
to privatize the· FHA, sayipg
"would be like a' significant t3x
C!h.~w~~~~=--~~~ :·s.e . for P,eople buying
IIW~l>~•u·n:: reforms that be homes." He s&d it would also
said have cut closing costs on new ·make some .medium-income
FHA mortgages by $1,000 in the .homeowners ineligible for mortlast year "to try to make the dream gages they can get only with fedof homeownership mor:e acbiev- eral mo~ guarantees.
able to young, bani-working peo- · · RePubbcana said lower interest
ple so they cao get off to a good rates and a lack of inflation had
start."
.
more to do with that than any
Clinton ·then announced he has action Clinton took.
told the Federal Housing Authority
Dole's campaign counsel, Dougto reduce_ ~front premiums on las Wurth, also filed a complaint
first-time FHA loans by 0.25% to cbaiging tbat HUD was improperly
save about $200 for about 100,000 using government funds "to
new homeowners a yeat
finance the Clinton-Gore cam·
The FHA has authority to re- paign's· political roadShows" by
duce the fees for new FHA loans if convening the housing. summit
its c:Osts decrease.
·
where· Clinton spoke.
.
�Denver Post
JUlie 8, 1996
_:. .....• ..~ -
Clinton plan willopen ·
homebu~g to 137,000
~ l)\ ·
Denver Polt Staff and Wlte
Preslde11t CUDto.a's plaas to JDcreue oJIPOI'ta-
altlel and reduce costs.fot flnltoUme bomebQen c:oaJd add uotber 117 000 ftrlt-tfme Jaame.
bOJen ID Colorado oYer the aut Ill 1fll'lt 1
federal oilicial llld ~"'We're .mm.. to blt that goal aDd.
exceed .u,"llld
HII'DI,Dda.
before.~
.
·
Ou1J 44 pvrceat of people ages 25
to 14 bi C4lorado OWII bomes. ..We'd
like people to move on to bome o~
erllalp, and that ase IJ'CNIP II a per- ·
feet target."
·
. . amton's bous~ JU'OtfiiD will cost
·tbe FHA abollt ~~~ mUUoa a year. of;
.
The Federal .Houslnc AdmiDIJtratioa wUI
trim the mortgage aaraaee prem~um·st ebarflnt•time bontebUJerl by I quarter of a per-
ces
centage point, uvJDg eansamen ~1 noo
1D closlag costs. tbe presldeat saki ~-..
To. help people ret I eertlftcate Deed~ "te
lake HYIIIII(e oflflo·u~~
will host a free laomebayer
from 10
to & p.m. today at the Colorado
.
tel' 1a Dellver. Procrama Ill llotb Enlfltd( ·
Spalllsli Jaclade preparlDf for ~
sbopPSDt for a ·JOaao flDcUDg a bome ancl
.'
coansellDt.
(,Ioder Cllntou's program. "we wU!
tatve anore home owftelllblp tbaD ev~
·- ~.:
About 1,000 people are upected. H~
-~
~~
••tu Colorado, there Is a a1ala of 1aelt (ali
fordable boaslag ill every jarlldtetloD," heM
.ftc:tals ald. But the JOYeromeul·
oned · mortgap IDsiU'er, a anlt of
BUD, bas a c:apital surplus because of
the bealthy bot!slDI market natiqa·
wtcle IDd felt It eould rebate aome;of
Its profits wltbout euclaqeriag Its fl·
oaaces.
1'be political campaign of RepubU·
eu Sea. Bob Dole. ClJDtoo•s llkely
fall opponent. rlclleuled tbe c:losi~C
cost c:ut u "c:hamp cbange" and an
elecUoa-year slmmfdL
Earlier iD tbe Week. C1lDtoa offered
aoolber" elect1on-year fiDanda1 break
to tbe mlcldte elus - a 11,500 tultiqu
tax credit for tbe first two 1ear1 of
cottqe.
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THE RECORD
FRIDAY, JUNE 7, 1996
Agency cuts closing costs
for first-time home buyers
Up to to·o,ooO.will save.$200, FHA says
a, )OHN
M. BRODER
Lot Anglin TlmH ..........
. WASHINGTON - The Federal Houalntr Admlnlatratlon wtU
trim the mortpp IIUIUI'&Doe pre·
m.lum It cbarpe ftret-tlme hOme ·
buyen b)' a quarier of a peroentqe
polat. uvln1r ccmaumen roqbl)r
1200 .Ia cla.la.r ooata. otllclala eald
Thuncla,y.
The boualns propam, wblcb
will atreot aa many aa 100,000
ftret-tlme home bu,.~ wiD coet 1
the FHA about $20 mlllloD a year,
offtclala u1d.. But the pwemmentowned mortp,p IDeUrer, a unit of .
the U.S. De~l'tment of HoualDI( ·
and Urban. Development. baa a ·
. oaplt.el ~lUll beOauae of the .
beilltby boUelq ·market netlon. wtde and felt It coulcl rebate aome
of lta proflta without anclanprlnc
lta ftnanoea.
The announoemant waa made
b)' Preelclent Cllnton Ia an elaborate Whlte HoWle ceremony. .
Earllel' Ia the week, Cllatoa of·
fered anotbel' elecUon-yeal' flnaa.
olal break to the middle o1aaa - a
Sl,GOO tultlon tax oredlt for tbe
lint two ~an of collep.
"It's been Amerioen dream week
- collep educations and home
ownenblp," eald White Houee
spokesman Mike McCurry.
Clinton, addl'easlnc a Wblte
Houae-aponaored Home Owner·
ablp Summit. noted tha~ many
mlddle-claae famWea have their
Ute ..vlap tied up Ia their bomea.
He liald ble aoal wa to do ..anytblD1 we oen to facUltete people
bU)'lns tbell' own home and to
speed the proceea alone."
The campalp of CUnton'a llkel)'
fall opponent. Sen. Bob Dole, R·
Ken., the Senete me,lorlty dealer,
rlcllculed the cloalnc ca.t out aa
"chump cbanp" and an election·
year dmm.lck.
'
Nel8on Warftelcl.· Dole's chief
apokeaman, aald the 8200 rebate Ia
lnalpllfloent ••co~pand to bow
much [Clinton] baal'alaecl coats on
all home buyen tbla year by refua·
Ina to sign a balanced.budpt."
Warfield noted that mortgage .·
ASIOCIAT&O PRE&I
President Clinton apeaklng to a hOmeownershlp aummlt on lhursday.
lntereat rate& have rleen a CUU per·
oentap _ point alnce neJotlatlona
on a balanoecl budget collapaed'ln
January. Bankers eatlmate that
balancing the federal budget would
lower lntereet ratea by at least a
percentap point, reduclng annual
mortgap pa.ymenta by hundreds
of dollan.
Cllaton responded that Republl·
oena bad "walked awa.y" from budget talks earlier thla year.
The president also bragged that
3.7 mlWon famlUes had become
new bomeownen alnce he took of·
flee becauee of bla aclmlniatratlon'a housing pollclea aa weU aa
atronc job crowth and relatively
low Interest ratee,
HUD SecJ?.tary Henry Cisneros
aald Thuracfi\y'a announcement
was tbe culmination of a yearlong
effort to wring $1,000 from the
S4,400 upfront costa of buying. an
averap home.
·
Cisneros eald an earlier reduction In FHA Insurance premiums
cut cloalna costa by $600 and a
abortenlnc of the time Involved In
eecurlft8 a home loan waa worth
another $200.
Last year. the FHA, wblcb provides Insurance for mortgap lend·
era Ia caee borrowers default on
· their pa.ymenta, cut the rate It
charges to 2.215 percent from 3 percent. On Thuracla.y, the FHA an. nounced an additional cut ln the
Insurance rate· to 2 percent.
Cisneros eald the time required
to close on a loan had been short·
ened from alx weeks to aa few aa
two days, he eald.
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Houston Chronicle
..
Friday, June 7, 1996
•••
FirSt-time hoinebuyers will get
break from FHA on closing costs
By JOHN M.}IRODER ' ,.... ".: ·
Los Angeles :Tirfies . . : . .. . ·
WASHINGTON - The Federal
Housing Administration will trim
the mortgage insurance premium it
charges first-time homebuyers by a
quarter of a percentage point, saving consumers roughly $200 in closing costs, officials said Thursday.
The change, which will affect as
many as 100,000 first-time homebuyers annually, will cost the FHA
about $20 million a year, officials
said. But the government-owned
mortgage insurer, a unit of the U.S.
Department of Housing and Urban
·Development, has a capital surplus
because of the healthy housing market nationwide and felt it could
rebate some of its profits without
endangering its finances.
The announcement was made by
President Clinton in an elaborate
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White House ceremony.
: 'Ead.ier in ·the week, Clinton offered another election-year financial break to the middle class - a
$1,500 tuition tax credit for the first
two years of colle~e.
"It's been Arnencan dream week
- college educations and home
ownership," said White House
spokesman Mike McCurry.
Clinton, addressing a White
House~sponsored Home Ownership
Summit, noted that many middleclass families have their life savin~s
tied up in their homes. He said his
goal was to do "anything we can to
facilitate people buying their own
home and to speed the process
along."
The campaign of Clinton's likely
fall opponent, Republican Sen. Bob
Dole, ridiculed the closing cost cut
as "chump change" and an election
year gimmick.
The president also bragged that
3.7 million families had become new
homeowners since he took office
because of his administration's
housing policies as well as strong
job growth and relatively low interest rates.
HUD Secretary Henry Cisneros
said Thursday's announcement was
the culmination of a yearlong effort
to wring $1,000 from the $4,400 upfront costs of buying an average
home.
Cisneros said an earlier reduction
in FHA insurance premiums cut
closing costs by $600 and a shortening of the time involved in securing
a home loan was worth another
$200.
Cisneros said the time required to
close on a loan had been shortened
from six weeks to as few as two
days, saving consumers an estimated $200 because "time is money," he
said.
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�:in
Friday, June 7, 1996
Clinton trims closing cost for FHA homes
Assoc:lattd Pral
WASHINGTON - In a fresh
overture to the· middle class,
President Clinton offered to
shave S200 off the cost of "buying .
many ho~es Thursday, calling it
a step toward achieving the
American dream.
·
Republican Bob Dole's campaign immediately dismissed the
idea as "chump change" and said
that if Mr. Clinton were truly
interested in lowering such costs,
he would back a balanced-budget
amendment.
Mr. Clinton fired back by say~
ing Congress ought to fashion a
balanced budget from two plans
proposed by Democrats and
Republicans and '1et the voters
resolve the differences."
. homeownership meeting orga- Housing and Urban Development,
Speaking
before
a nized by the Department of Mr. Clinton announced a $200
reduction in closing costs for
homes
purchased
with
government-backed
loans .
through the Federal Housing .
Administration. The move is
expected to help about 100,000 ·
first-time home buyers a year.
Mortgage bankers said Thursday that although the $200 incentive isn't much, it could make the.
difference for a lot of families.
"Irs insignificant, but ifs
going in.the right direction," said
Max Anderson of Ambanc Financial Inc., a Jacksonville, Fla.,
mortgage brokerage firm special•
izing in loans to first-time buyers.
Mr. Clinton's move calls on the
FHA to reduce upfront mortgage
insurance premiums by 11 percent. The White House said it is
the second cut in FHA closing
costs since Cliiiton took office.
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<€fit )Pfiilabtlpfiia Jfnquirtr
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::_
Business
·Friday, June 7, 1996
.............................................................--.w.w....,._.,,.,.,...................... ..
Clinton unveils
$200 reduction
in closing costs
It was his second gesture to the middle class this
week.
Bob Dole's campaign
.
. called it "chump change."
~.
Sonya Ross
.\SSOCIATED PRESS
WASHINGTON - In a fresh over:
ture to the middle class, President
Clinton yesterday announced that
$200 would be shaved off the cost of
buying many homes, calling it -.
step toward achieving the American
dream.
Republican Bob Dole's campaign
immediately dismissed the idea as
"chump change'' and said if Clinton
were truly interested in lowering
such costs, he would back a balanced budget amendment.
Clinton fired back by saying Congress ought to fashion a balanced
budget from two plans proposed by.
Ocmocrats and Republicans and
"let the voters resolve the differences."
Speaking before a · homeownership meeting organized by the Department of Housing and Urban Development, Clinton announced a
$200 reduction in closing costs for
homes purchased with governmentbacked loans through the Federal
· Housing Administration. The move
.is expected to help about 100,000
first-time home buyers a year.
"Anybody who's willing to take
the risk and who can make the
mortgage payments to buy theH:. own home, it seems to me we ought
to do what we can to help," Clint~·
said.
It was Clinton's second gesture ·
·
· ward the middle class this we
Earlier, he proposed offering stu~nts a $1,500 tax credit for pursuhi'g education beyond high sch~.
He said yesterday that that propoli'
was "consistent with what we c
·
afford and still balance the budge .
The President.'s move likely will-.
have little effect in Philadelphia,
where the percentage of FilA-insured mortgages is very low, said
John Kromer, executive director of
the city Office of Housing and Community Development.
"We're pretty much ahead of the
rest of the country already when it
comes to providing assistance to
low- and moderate-income home
buyers," Kromer said. "We also
See FHA on CS
�Clinton·unveils plan to cut closing co~s
FHA from 1C
have the largest home-buyer counseling program In the country."
The city's Philadelphia 500 program provides $1,000 grants to help
cover settlement costs for qualified
first-time home buyers. Since the
program's inception in 1993, 5,000
. grants have been ·awarded.
The U.S. Department of Housing
and Urban Development yesterday
recognized the city with an award
for its aggressive campaign to boost
homeownership among low- and
moderate-income buyers, Kromer
said.
Republicans questioned Clinton's
commitment to a balanced budget.
Dole campaign spokesman Nelson
Warfield said mortgage rates have
climbed since Clinton "slammed
the door shut" on a balanced budget
last January, costing homeowners
an extra $918 in interest payments.
"Bill Clinton's lowering the closing costs of FHA mortgages by $200
is chump change compared to how
much he's raised costs on all home·
buyers this year," Warfield said.
Mortgage bankers said that while
the $200 incentive isn't much, .it
could make the difference for a lot
of families.
"It's insignificant, but it's going in
the right direction," said Max An·
derson of Ambanc Financial Inc., a
Jacksonville, Fla., mortgage brokerage firm that specializes in lending
to first-time buyers and low-income
families. "A $200 savings is defi·
nitely money they can use to do
other things," he said. "Every little
bit helps."
. That sentiment was echoed by
Lisa Kasten. 24, and her husband
25, who purchased their
first home in Holland, Mich., two
months ago. They met with Clinton
at the White House, standing on the
South Lawn beside a poster-sized
photograph of the small, almost century-old wood frame house they
bought for $57,000.
"Our home is definitely no mansion, but to us it's the most beautiful
house in the world," she told Clin·
ton. "Couples like us, all around the
country, will benefit from what
you're doing."
Clinton's move calls on the FHA to
reduce its upfront mortgage insurance premiums by 11 percent. The
White House said it was the second
cut in FHA closing costs since Clin·
ton took office.
In 1994, FHA reduced mortgage in·
Spenc~r.
surance premiums by 25 percent, reducing closing costs by roughly
$600 for the average FHA home
buyer, the White House said.
The latest insurance discount will
cost FHA about $20 million a year,
the White House estimated. It said
the costs would be offset by savings
in other FHA operations.
Inquirer staff writer Alan Heavens,
contributed to this story.
�CHICAGO SUN-TIMES
June 7, 1996
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·euntn AIIIOUDC8S S200 CUt
1o Fees lor FHA MaPtgages
.. ·
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lowering such rol'ts, he V.'Ould back what we an d'ord md still 'i>al. u• ~a.a....
~ '-~ . . a balanced budge1 amend~nent. . ant'!e the budget.~'·,
. .
~'·1.., · · L
· Clinton rts~nded h)• ~~&)·ing ~publicans quest!nned Clin·
:. WASJIINGTO)l~~2'Nidat . that Concret~~~ -OUJht to Iaahion a · tun's ·commitment ta a balanced
. ·· · Cfb:itcm .~ to ...... 699 off balanced budret from twc• plans budpt. Dole campaip s.Pokesman
· me· cast of -.,.. 11lll'l1 ~ propased by. DemO('J'ats and .Re· Nelson Warfield uid 1801tpje
caBi111s z • ~ 'tDa1G publir•n• and ''l.t the. vuters re· ratee bave climbed smee Cllntnn
1he Ar *.,; .a.m.
sol\•e the differencH. ~· ·
..alammed. 'the door shut.'' on 11
·.· ~ 1kiC l)ule,_ ·amSpeakinJ befM• a -home (lwner· ·..balanced budget ln Januiry. · ·
~
~~d tm· 8bip meetintc ortcan\zed by th~ De·
".Blll CJinton's.la\\•eriDB the clnS:·
~ • ~daMp: md said .if a en n
u n . and U&n inc co~t.& nf .FHA mottppf. bs
Clm1cV~ ~ 1;r'1Zlr h:ne~ in . .v n
,
~~nn . tonouncea S200 is chump chaap cci~ to
··
· a 2 re uctlon 1n clMiac coati how much be us J:BIMd ·eo.ta en
.
:. -=
nz"....
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':.""eei'-.r
for ~omes purchased, with covam·
ment·baeked loans throuib tlte
Federal Houaing Administration.
T.he move is ·expected to help
. about 100,000 ·first-time home
buyers 8 ,eer.
..
"Anybody who's ·willing to take
the nak encl 'Who can make the
mort:pce p17menw to buy their
Otlln bO'IM, ;t aeems-u> me we oucht
to do 'Whet.""' ean to help,'" CHnton said.
· ·
It YIAI CUntoa'a &econd ceat.ure
toward 1he middle ~1111. Earfier
this week, he pro.poaed offering.
etuden13 · a $1,500 tax· a:edtt for
purmfnl education beyond hilh
. sehool. He said Thursday that tb-at
proposal was ..conslst.mt w\th
all home ba,em 1iJis JBU,.. War·
field said
·
. to ·,
calla ·th FHA
011 n n • ~ove
on e .
~ 1'8duce &til .~t motte~&'=
msurmae p•mdwu by 11 peiOI!Ilt..
Tht! White Houae said !t la ,the
~d cat tn FHA el01ri1t1 eoeta
emce Clinton took afftee.
1ft l994, FHA Nd~ tacK~age
lnsunmce1J1'filiatM·"' 26pwcent.
reclucinc1:btns _.. lno l'Oalhb"
$600 for the ...... F8A bo.n.
bu,.er,'the Whtte HOUle aid.
The latest .ml\mlllce :d!eeoazrt ..
wUl eo8t PH~ about UO ~ e
·year, the·~ Boase enim11ted •
It Mid the ooate w(MI)ci he oflMt .by
aav.incs lD otlaar 'FHA opeNtiDN.
�MINNEAPOLIS STAR TRIBUNE
JUNE 7, 1996
iCiinton offerS to shave FHA closing costs; Dole unimpressed:
A4.
he
mceu:tive
Elections '96
muc:b. aJU1d.
:ASIDCiafed Pless
WASHINGJ'ON, D.C. ·-In a fresh
ove.rtme to the middle class, President
Clinton offered 1D shDe $200 off the
cost of buying mauy homes1bmsday,
calling it a step toward achieving the
American dream.
.
Republican Bob Dole's annpaign
~
dismissed 1he idea as
·chuoip change" anc1 said if Ointoo
were truly interested iD loweriogsuch
COS1S. he would back a balanced budgetamendment.
Clinton fired~ by~ Congress ought to fashion a ~
budget from two plans propose(! by
Democla1s and :Republicans :mel •tet
tbew&ers resolve the dift'ereoCes.•
Speaking before a home owneJShip
Earlier, proposed offering studcn1s
a $1,500 lax aedit lor pumaing edacatiQJl beyond high schooL He said
ThUISday tbat that proposal was
.meeting organized by th~eot •consistent with what we can affonJ
ofHousing and lhbm ~~; and sdl balara the budget.•
Clinton iiDJiOUiiCed a $200 reatidiOJi•
RepublicaDs questioned Clinton's
in closing C05(S for homes purchased commitment to a balanced budget.
with . go~t-bacbd
loans Dole campaign spokesman Nelson
thmugh lhe Fed.eral•HousiDg Admin- Wanaeld said mortgage 1a1es have
istration (FHAJ. The move .is expected climbed .since Ointon "slammed the
to affect about 100.000 fhst-time door shut" on a balanced budget last
home buyers a year.
Janu;uy. costiDghomeownasan e:ma
• Anybody who's willing to take the $9J8ininterestpaymenls.
risk and wbo can make lhe mortgage
·sru Clinton's loweriDg the closing
paymen1s to buy their OWD home. it costs of FHA mortgages by S200 is
seems 1D me we ougbt to do what we chump change compared to how
can to help."" Clinton said.
muc:b he's raised costs oo all home
II was CliDtoa's second gesture buyem Ibis year,•wadield said.
to'k.ud tbe middle class this week.
Mortgage bankers said ThUISday
. that although the $200
isn't
it
make the ditferenc:e few
a.lotoffamilies.
<linton'smovecallson the FHA to
reduce its upfront.mortgage iDsur'aote
premiums by 11 percent. The White
House said it was tbe second cut iD
FHA closing costs since Clinton took
ol6ce.
1.o 1994.. FHA reduced m01tgage insuranc:e premiums by 2S pucent. redudng dosing costs by roughly $600
for the average FHA home buyer. the
WhiteHousesald
.
The Jatest insunmce discount will
cost the FHA about $20 million a year,
the White House estimated. It said the
costs would be "offset by 5aVin# in
other FHA operations.
�THENEWS&OimtvER
SATURDAY, JUNE
29, 1996
HUD official lauds city's home ownership efforts
More than 1,000 families
bave goHen homes through
a partnership that's doing
its best to aid a national
drive to booSt ownership.
BY SABRINA JoNES
STAFF WRITER
DURHAM -Nearly four years ago,
Toni Markham thought her children
would be in college before she ever
owned a home. ·
Today she relishes her home on
Lafayette Street behind Lakewood
Shopping Center.
"It was like winning the lottery,"
·!
Marlduim ~d of the house built by
Habitat for Humani~ "Mine was a
big one."
Owning a home could become a
reality for many more residents if
local officials and the federal government work together, a highranking federal housing official said
Friday whUe visiting Durham.
Michael Stegman, assistant secretary for policy, development and
research at the U.S. Department of
Housing and Urban Development,
spoke at a ceremony in the West
End to recognize the accomplishments of Durham's Partnership for
Homeownership.
The partnership is a coalition of
nonprofit groups, comm1lllifiY organizations and individuals that help
people become homeowners.
Durham's partnership is part of a
larger one, the National Homeownership Partnership Strategy,
which President Clinton initiated ·
in 1995.
The partnership's goal is to create 8 million new homeowners
nationwide by·the year2000, boosting the national homeownership
rate to 67.5 percenl To do that, the
pbin includes ~counseling
and education for first-time home
b~yers. removing barriers to owning affordable homes and building
more houses.
The dty bas done its part in creating more homeowners, officials
said
During the pastiO years, more
than 1,000 families have become
homeowners through the Durham
partnership's efforts. The city
intends to seek voter approval later
this year for $29 million in housing
bonds. Mayor Sylvia Kerckhoff, one
of several omcials who spoke at
the small gathering, noted that
Durham issues more bonds lor
affordable housing than any other
dty in the state.
"Our acUons speak louder than
our words," she said
WeAring a colorful tie adorned
with figures of people holding
bands, Siegman praised Durham's
role as a partner in the national initiative. He is on leave from his position as chainnan of the Deparbnent
of Regional Planning at UNCChapel Hill.
·
HUD omcials are hoping for a
new approach to housing strategy
that dift'ers from the faUures of the
1980s, when the rate of homeownership plummeted from 71 percent
to. 63 percent, Stegman said, and
the local sector has the biggest
influence over who is able to own.
a home.
"That's where housing and family's lives are changed," he said.
�04
. ·..... .
. •:
·:.:·~
··-:.
-...
·. ··..
OIATTNIOOGAFREE PRESS
HOMES AND REAL ESTATE
~.
�0 o _;
niB NEW YORK AMSTERDAM NEWS
HUD .meet$ witb
.
ar~a
.
~
N
Saturday, june 29, 1996
11
clergy to structure homeownership
By.J. ZAMGBA BROWNE
ticipant.& with much needed inAmsterdam News Staff
· ·formation to beccime partners
A federally sponsored work· wlth her agency in creating
sboponhomeawoerahip, thefu&t . flomeownerahip opportunity for·
of Us kind to focus on the f'aitb _ their congreganb..
community, was bt:ld here re. Speakers at the workshop in·
cently.lt~wtogetherreligious ciuded .the Rev. Dr. Suzan
leaders fr9m local churches, John&Un.:COOke, pastor ofMaritemplesandinosqu~wberethey
nera Temple Baptist Church,
discllSied homeownership and who works in the Religioua Orcommunity development pro- ganizations lnUiative'a (ROI)
grams. Maxine Griffith, HUD program and helped to c:oordi·
assistant secretary in chUge of nate last week's event.
the New York and New Jersey
The ROI program was
areas, emphasized the impor- launched by HUD Secretary
tance of the work&hop and satd HP.nrJ Cisneros to help estabit would help provide the par- lish partnership with nonprofit.
groups, including buSine.. lead- . increaee in SO years.
ers, community activists, local
As part of the national
and state governments and reli- intiative to boost homegious leaders.
ownership, Cisneros said he hali
Accordins to HUD, partner- asked almllar efforts be undershipwith religioUs leaders is part taken at the atate and local levof Preaident Clinton's plan .to
Conn a nationwide, pub!»private alliance to help him carry
out a national ho~nership
strategy.
Last year's homwoW11erlbip
rateof65.1 percentisthehfghest
since 1980, and the· one year
growth of.9percent.since the start.
of the National Homeownenhip
Sll'8tegy was the fastest annual
els. As a result, t-he HUD New
York State office has been conducting partnership works with
prominent housing providers
t-hroughout the metropolitan
area.
�Greensboro News arid Record
Friday, June 28, 1996
IProject aims to·build home OWilership in city 1,
1
8
Greensboro kicks off Housing
Greensboro residcniS own tJ1eir o'm
a
help
12000• an enon
to
2,000 resi,
dents own their own homes in just
fo ur years.
by the year 2()00.
Tbe Housing 2000 project is part o! a
national strategy to iacrease home-ownershjp to two-thirds of the populatioo.ll
brings together city officials, home·
I BY SAM GREENE
ud state aDd natinli.aJ bousiDg officials
to try to increase Greensboro's borneowoeahip rate by 3 pen:eut over the
: SUJ/f Wrirn
Two tbousaod by 2000.
lbars t1ae coal of Greeusboro city ud
commUDity leaden who siped ao
agrecmeal Thursda)t to belp 2,000
bomes
builden, leDdeJS, nonprofit organizers,
~-~years.
•
. .
''We are taWng not about a big fed.
ei'al subsidy program." said Mich8eJ ·
Sttgman. assistaot aecretary for policy
development and research for tbe U.S. 2000 was held at the corner or .JuJj:m
Departmenl or Housing ~
De· Street and Berijamiu 8eU91Jn Street ~
velopmeut. "This is a COJWDuuity-di:iveu an area once noloriouJ; ror crime mid
partnership."
·
·~· f
drvg d~. Thur.~tlay, however, tile
Housing 2000 isn't,as Dluch a p~ . peace was brok.eo •nlly by (be SOWld
for would-be homeowners to worlc: With construction on a number uew home8
direc11y, as it is o8twork of Pioltiiiis neartiy.
•..
.·
·~
thai families aod individuals oeed iO
"J hope l"e have J•mvidcd a siJot in tlic
purchase their own homes. ID paiticu:. ·arm for ootJmJuuity s1.1bility," Mayor
lar, city·sP<msored counseling· prognuns Carolyu AUen tuld the groti(J of 12.S
would have a 'oetwort of real e&tale gutbeced there.
agents, teoden,. home-builders and otb·
Greensboro's boaue ownership rate
ers to help place people bi aew bomes.
l
'M
Uroao
or
a
r·
u
1be c:eremouy to kick otr Housiac
2000
Conlinued from page AI
54 perceot. about 10 perceut lower
\han the uational average. While
the aatiou tries to get to 67 perceot.
city houSing director Andy Soou
said, Greensboro "'ill be shooting
for 51 perc:eDl
"Greensboro bas such a slJ'Ong
. economy, we would like to see il
exceed the naliooal average." Scon
said. "Greensboro bas a history or
strong pannersiJips in housing that
go back to the late '8~. We're just
provider Project Homestead, and
local lending aud construction
commuuities.
Speakers from eacb of those
groups explained the beuefits to a
community
increasing bowe·
ownership:
• More fiDaJJcial stability for in·
dividuals, families and the commu·
Dity at large;
• &roDger oeigbborlwod& by giving resideuts a reasou to care; and
or
• More coostruction·dliveo jobs.
"We want to put bome ownership
witbio the ieacb of people who
together all tlle oecessa.ry people
aud find a way lo reach their local
have not ·been weD served iD lhe ·
past," Stegmao, a CbapeJ Hill oa·
live, said. "We must aD remember
that behind the statiorucs are fa·
tbers aud mothers, son.-; and daugh·
ters whose lives are changed.
"Together, we're changing liveS,
Ul.illions of thcnL"
Unlike otber initiatives that are
ceotered on Washington, Stegman
said, this one relies on local part·
oersbips to reach its goal. HUD
goals.
provides oo funding, and acts only
as a catalyst and 5UPpart network.
It is up lo commuoilies to bring
Patricia Davis has benefited
(rom the kind of \90rk Housing
2000 aims to do: In aboul a month.
&he ud her son and daughter will
move irJto a new home nt-ar UJat
same Julian-Ucrijamin Benson in·
terscctiun.
"I have accomplisbcd a big
dream of·naine," sbe said. "l'or my
cbildreo, tbey'U 'have bener lives.
Their surroundings will be bet·
tee •.. jUS1 to koow tJuit tbey're liv·
ing in something that's going to be
theirs."
Al.
J>~
.... see 2oo0, PlJle .
. •IIi .
laying a foundation to broaden
thal ..
1be partoership will include the
city, HUD, tbe nonprofit bou.sing
or
'llle first thing she ·s going to ri
when she moves iu?
"Cut the graSs," she said.
It ;., that kiud ·of responsibilit
that comes with ot~:niug a 1'1011!>'
that llmL-;ing 2000's huno;tt·r-s hup·
to foster in tim dty':; m·ir,hl><o~
h•xxls.
�July 18, 1996
Making Americans Aware of the President's Economic Accomplishments with Ideas for Prospective Actions
President's Economic Accomplishments
Sample Ideas for Prospective Action
(Bringing the Accomplishments Home to
American Families)
1.
Unemployment numbers down
[TARGET: Inner City Residents, African-Americans, Hispanics]
•
The June unemployment rate was 5.3%, the
22nd straight month below 6.0%.
Announce partnerships with inner city employers (e.g. fast-food
franchises, retail grocers, major sports franchises) to help young
workers move up the job ladder through mentoring, training and job
placements.
Issue directive to Labor/DOT/HUD to collaborate to link inner city
residents to areas of labor demand and to create nonprofit
administered, computerized referral networks ("job banks")"in areas of
high unemployment.
[TARGET: Middle-Class Workers Hurt By Plant Closing; Young
Workers Entering The Labor Force]
2.
Job growth up
•
Since January 1993, more than 10 million jobs
have been created.
•
From January 1994 through December 1995,
86.1% of the net increase in total employment
has been in managerial and professional
occupations. Many of these jobs tend to pay
relatively high wages.
•
Through December 1995, 92.5% of all new jobs
have been created by the private sector -- higher
than in any administration since Truman''s.
3.
Wages up
[TARGET: Working Mothers]
•
Over the first three years of the Administration,
average hourly earnings grew 8.2%, fully
keeping up with inflation.
Reformulate expansion of tax credit for child care expenses.
Challenge Congress to pass job reform bill now bogged down in
conference. Place particular emphasis on providing skill grants
{vouchers) to unemployed and underemployed individuals for training.
�4.
Poverty down
[TARGET: Inner City Workers Worried By Welfare Reform]
•
Between 1993 and 1994, the number of
persons classified as "working poor" declined
from 8.2 million to 7. 7 million.
Announce new initiative to mandate the transition from welfare to
work. Direct HUD, HHS, DOL and Ag to reconcile the inconsistent
treatment of newly earned income in various benefit and housing
programs. Existing programs currently provide powerful disincentives
to work for welfare recipients.
5.
Exports up
[TARGET: Industrial Workers In Export Industries And Transportation]
•
Last year the US exported $786.5 billion in
goods and services.
Presidential call for investment in strategic infrastructure projects such
as seaports, airports, rail and truck links to expand export industries.
•
Over the first three years of the Administration,
exports of goods and services averaged $709
billioh, 27% greater than the average of the
preceding four years.
[TARGET: Southe11California And New York Area Workers]
Execute agreements for metropolitan infrastructure initiatives such as
the Alameda Corridor in Southern California and the Regional Plan
. Association in the New York. Agreements would integrate federal
investment to long-term local infrastructure priorities.
[TARGET: Workers Skeptical About NAFTA, GATT]
Identify industry and job successes from recent trade agreements.
[TARGET: Small Business]
Presidential call for using communications technologies to create
networks of small businesses to exploit export opportunities in areas of
higher unemployment.
6.
Small business formation up
[TARGET: Small Business]
Presidential call for "Business Development Centers" in distressed
communities in order to assist small businesses in loan application
processing and CDFI activities. (Treasury Dept advocated this idea in
late 1994). HUD and Commerce funds could be usedfor this activity.
�7.
"New Media Job Growth" (software,
communications technologx, entertainment
[TARGET: Young Workers]
•
New York City and San Francisco report
substantial job growth in new media.
Create a special training voucher targeted to growth sectors like
communications and new media. Support creation of educational
"centers of excellence" in universities to spur new media job growth.
8.
Automotive lndustrx Job Growth
[TARGET: Automotive Workers]
•
The output of motor vehicles and parts
increased 6% from the 4th quarters of 1992 to
1st quarter of 1996.
Require all cars sold in US to carry a "domestic content" sticker,
delineating the percentage of parts that are made in the US, translated
to a "job index" to compare the content of U.S. worker input from car
to car.
9.
Industrial Employment
[TARGET: Manufacturing Workers]
•
Industrial production is up 13%, 1995 compared
to 1992. Shipments by manufacturers is up
17% for 1993-1995 compared to 1989-1992.
Direct that the second round of empowerment zones be modified to
make benefits available not only to businesses located in the zones but
also a lower level of tax credits to buyers of there production who
support those jobs even if the buyers are located outside the zones.
�
Dublin Core
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Don Baer
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Office of Communications
Don Baer
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1994-1997
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<a href="http://clinton.presidentiallibraries.us/items/show/36008" target="_blank">Collection Finding Aid</a>
<a href="https://catalog.archives.gov/id/7431981" target="_blank">National Archives Catalog Description</a>
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2006-0458-F
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Donald Baer was Assistant to the President and Director of Communications in the White House Communications Office. The records in this collection contain copies of speeches, speech drafts, talking points, letters, notes, memoranda, background material, correspondence, reports, excerpts from manuscripts and books, news articles, presidential schedules, telephone message forms, and telephone call lists.
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Clinton Presidential Records: White House Staff and Office Files
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537 folders in 34 boxes
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LATINO Issues
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Office of Communications
Don Baer
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2006-0458-F
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Box 15
<a href="http://www.clintonlibrary.gov/assets/Documents/Finding-Aids/2006/2006-0458-F.pdf" target="_blank">Collection Finding Aid</a>
<a href="https://catalog.archives.gov/id/7431981" target="_blank">National Archives Catalog Description</a>
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Clinton Presidential Records: White House Staff and Office Files
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42-t-7431981-20060458F-015-001-2014
7431981