Tornado

HUD to make REO properties available to families affected by tornadoes 

[Update 1: HUD changed number of homes available to 40 from 90.] The Department of Housing and Urban Development plans to sell real estate owned properties to public housing authorities, which will make the houses available to families affected by tornadoes in Joplin, Mo., and central Alabama earlier this year. HUD Secretary Shaun Donovan said nearly 40 REO properties will be offered at a discount to the housing authorities, which plan to lease of sell the houses within two months.