HUD awards $250,000 to Vermont to build green housing

first_imgThe US Department of Housing and Urban Development today announced that the State of Vermont is being awarded a $250,000 grant to produce new affordable, energy efficient, green housing. Vermont will use its grant to support a local community-based affordable housing developer to create these new homes which will feature a sustainable site design, water-conserving fixtures, energy-efficient appliances/lighting, and environmentally friendly building materials.The funding announced today is awarded through HUD’s HOME Investment Partnerships Program (HOME), the nation’s largest block grant program to support the production of affordable housing.”This grant will help to create a new generation of housing that will offer residents more than just an affordable home,” said Mercedes Márquez, HUD’s Assistant Secretary for Community Planning and Development. “Working with our partners at the local level, our goal is to produce more, smarter, and certainly greener affordable housing for future generations of families.”The State of Vermont, through the Vermont Housing Conservation Board (VHCB), will use its grant award to fund a local Community Housing Development Organization (CHDO) to construct ENERGY STAR-qualified affordable housing. Upon completion, all assisted units will be certified by an independent HOME Energy Rater (HER) as meeting the ENERGY STAR criteria. VHCB will ensure that its CHDO uses a sustainable site design; installs water conserving fixtures, energy-efficient appliances and lighting; uses a renewable energy source; uses environmentally beneficial materials and practices; implements a construction waste-management plan; uses low VOC paints and sealants and formaldehyde-free composite wood; uses mold prevention techniques; and gives residents an instruction manual that provides information on how to maintain the Green features of their homes.Source: HUD. 4.6.2010###HUD is the nation’s housing agency committed to sustaining homeownership; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development ad enforces the nation’s fair housing laws. More information about HUD and its programs is available on the Internet atwww.hud.gov(link is external) and espanol.hud.gov.last_img read more

To cut debt, Americans are downsizing or even eliminating summer vacation plans

first_imgThe U.S. travel industry won’t like it, but only 44% of Americans are taking a vacation this summer, and “the vast majority are not planning on going into debt over it,” according to a new CreditCards.com survey.Simultaneously, the credit card sector won’t like the fact that 80% of U.S. adults who plan to take a vacation this summer will pay for some or all of it with personal savings “Most Americans want nothing to do with debt these days,” says Matt Schulz, CreditCards.com senior industry analyst. “With the Great Recession still fresh in their minds, people are watching their budgets more closely and making sure they’re not overspending, even if it means scaling back on vacations – or skipping them entirely. If they can’t pay for the trip quickly, they just won’t take it.”It’s possible that people are realizing that adding to their debt is simply not smart, says Kevin Gallegos, vice president of Phoenix operations for Freedom Financial Network. “The average U.S. household that carries monthly credit card debt owes more than $15,000,” he notes. “Interest and fees mount up quickly. If people are looking at long-term goals – such as putting a child through college or retiring someday – they may realize that going into more debt for a vacation is counter-productive.” continue reading » 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Angels sign veterans Chris Young, Chris Carter for depth

first_imgTEMPE, Ariz. — The Angels signed veteran outfielder Chris Young to a one-year, $2 million deal on Sunday, likely filling their fourth outfielder spot.The club also agreed with former home run champ Chris Carter on a minor-league deal, getting depth to replace traded C.J. Cron.Young, 34, spent last season with the Boston Red Sox. He hit .235 with a .709 OPS. Young can play all three outfield positions, so he seems likely to be the backup to Mike Trout, Justin Upton and Kole Calhoun. Before the deal, non-roster invitees Eric Young Jr. and Rymer Liriano were the leading candidates to win that job.Young can make an additional $500,000 in incentives based on plate appearances. Carter, 31, led the National League with 41 homers with the Milwaukee Brewers in 2016. Last year, though, he struggled to find a job as a free agent and eventually played 62 games with the New York Yankees, hitting .201 with eight homers.Carter has hit 158 homers in parts of eight major league seasons, including stops with the Oakland A’s and Houston Astros.If Carter makes the team, he will reportedly earn $1.75 million, with an additional $600,000 possible in incentives.Carter could find a spot with the Angels if there is an injury to one of the primary infielders: Albert Pujols, Ian Kinsler, Andrelton Simmons or Zack Cozart. Luis Valbuena plays first and third, and Cozart plays third, shortstop and second, so those two provide the primary backups at the four infield spots. If someone gets hurt, the roster shuffle would create a spot for Carter.The Angels traded Cron because they couldn’t afford to keep a player who played only first base as one of their likely three bench players. Cron, however, did not have options, so they couldn’t keep in the minors as insurance. Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more