By Justin Schmidt, Multimedia Journalist - bio | email
KANSAS CITY, MO (KCTV) -
U.S. Department of Housing and Urban Development Secretary Shaun Donovan came to Kansas City Monday to tout President Barack Obama's Project Rebuild program.
U.S. Rep. Emanuel Cleaver attended the event, along with several area mayors.
Donovan said the program will help revive the housing markets and thus the economy. Donovan says his agency aims to help neighborhoods hit hard by foreclosures and dotted with abandoned homes.
Donovan said the goal is "to make this revival in our economy in our housing markets better, stronger and faster."
Project Rebuild will bring 1,000 jobs to Missouri, Donovan said. He said 17 percent of Missouri homeowners are underwater on their mortgage and those homeowners need to be able to refinance to a more manageable mortgage payment.
"Put more money in their pockets and by extension allow them to help lift the economy around them by increasing consumer spending," Donovan said.
He said the Obama administration will introduce refinance legislation in the coming weeks.
Sunday, April 20 2014 12:25 PM EDT2014-04-20 16:25:32 GMT
Authorities are investigating a convenience store shooting.Raytown police were called to a QuikTrip in the 8700 block of East 63 Street about 1:30 a.m. Sunday after reports that a person that had beenMore >
Authorities are investigating a convenience store shooting.More >
Friday, April 18 2014 9:53 PM EDT2014-04-19 01:53:24 GMT
The police department's statements detail their use of GPS tracking, surveillance and the help of tips from the public that led to the eventual arrest of Mohammed Whitaker, the man suspected of being theMore >
Court documents detail how new-age technology, old-fashioned police work and observant eyewitnesses led to the capture of the man that authorities say was responsible for a string of highway shootings that terrorized the area.More >
Sunday, April 20 2014 9:36 AM EDT2014-04-20 13:36:54 GMT
One person is in the hospital after a car crash on Interstate 70. It happened near Lee's Summit Road early Sunday morning and involved multiple vehicles. Police had to shut down a section of the interstateMore >
One person is in the hospital after a car crash on Interstate 70 in Independence. More >
Sunday, April 20 2014 9:44 PM EDT2014-04-21 01:44:11 GMT
Authorities said a death investigation is underway in a KCK neighborhood.Kansas City, KS, police were called about 12:40 p.m. Sunday to the 700 block of North 70th Terrace.No other details were immediatelyMore >
Authorities said a death investigation is underway in a KCK neighborhood.More >