Daily equity news

“Road Home program amended to assist owners of homes of modest value,” - The Times-Picayune

U.S. Department of Housing and Urban Development Secretary Shaun Donovan came to town carrying a letter that could help thousands of area homeowners finally finish their renovations.

The letter, which Donovan gave on Thursday to Louisiana Recovery Authority head Paul Rainwater, approved a change to the Road Home program that could distribute $600 million in leftover program money, giving up to $34,000 in extra grant money to as many as 19,000 low- to moderate-income homeowners, Rainwater said.

“States eager to power up electric car-battery industry,” - USA TODAY

DETROIT — The U.S. government has made it clear that developing a domestic auto-battery industry — for advanced batteries to power next-generation electric cars — is a priority. That has states scrambling to be sure they get a piece of the action.

This week, business leaders, politicians and entrepreneurs will gather in Detroit at a conference called “The Business of Plugging In” to discuss the future of plug-in electrics and plan how to attract and develop businesses involved in plug-in vehicle development.

“Public option gains support,” - Washington Post

A new Washington Post-ABC News poll shows that support for a government-run health-care plan to compete with private insurers has rebounded from its summertime lows and wins clear majority support from the public.

Americans remain sharply divided about the overall packages moving closer to votes in Congress and President Obama’s leadership on the issue, reflecting the partisan battle that has raged for months over the administration’s top legislative priority. But sizable majorities back two key and controversial provisions: both the so-called public option and a new mandate that would require all Americans to carry health insurance.

Tags: battery, business, car, care, Detroit, Donovan, electric, equity, health, home, HUD, Katrina, new orleans, news, option, public, recovery, reform, road, Shaun

This entry was posted on Tuesday, October 20th, 2009 at 4:16 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.