Renters Rejoice: Homeowners' Loss is Your Gain


Renters rejoice! If it seems like the government has been focused on helping homeowners (when they're not helping bankers, that is), now it's your turn.

While the rest of the federal government is slashing its budget, the U.S. Department of Housing and Urban Development is aiming for a 5 percent hike in 2011 – much of it to go towards helping renters get affordable housing. And better yet, HUD is getting homeowners to foot the bill.