HUD: New Resources Announced to Retrofit and Weatherize Affordable Homes in America
HUD releases new guidance and updated tools to ensure benefits of President Biden’s Inflation Reduction Act and Bipartisan Infrastructure Law reach all affordable housing communities Today, the U.S. Department of Housing and Urban Development (HUD) announced the availability of new guidance and resources to support the rapid retrofitting and weatherization of America’s affordable housing stock….
CDFI Fund: Public Comments Sought on Capital Magnet Fund Application
Comments due November 25, 2024 The U.S. Department of the Treasury, as part of a continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995 (PRA), 44 U.S.C….
HUD: Additional Funding Announced to Support Residents During Ongoing Unit Repairs
HUD and the Biden-Harris Administration also announce efforts to reduce barriers to solar energy for lower income Americans Today, the U.S. Department of Housing and Urban Development (HUD) is announcing that the New York City Housing Authority (NYCHA) is receiving additional funding –over $37 million in Tenant Protection Vouchers in an effort to maintain a…
FHFA: Data Visualization Dashboard Released for Enterprises’ Multifamily Mortgage Acquisitions
The Federal Housing Finance Agency (FHFA) released an interactive tool for tracking data on multifamily mortgages that enables users to review details about loans and properties at both the state and national levels. The tool, known as a data visualization dashboard, provides a more accessible way to view and understand data on multifamily mortgages. It…
Census Bureau: Nearly Half of Renter Households Are Cost-Burdened, Proportions Differ by Race
Over 21 million renter households spent more than 30% of their income on housing costs in 2023, representing nearly half (49.7%) of the 42.5 million renter households in the United States for whom rent burden is calculated. Although the median ratio of income-to-housing costs for renters remained unchanged from 2022 at 31%, there are differences in the…
HUD: 30th Anniversary of the Violence Against Women Act Commemorated
Five federal agencies affirm continued commitment to implement housing provisions under the Violence Against Women Act To commemorate the 30th anniversary of the Violence Against Women Act (VAWA), the U.S. Department of Housing and Urban Development today joined four federal agencies—the U.S. Department of Agriculture, U.S. Department of Justice, the U.S. Department of Treasury, and the…
HUD: Regulations Updated to Lower Housing Costs and Build Safe and Affordable Manufactured Homes
HUD marks 50 years of the Manufactured Home Construction and Safety Standards, while announcing the most extensive updates in more than three decades to modernize manufactured home features, increase consumer demand, and expand America’s affordable housing supply. The U.S. Department of Housing and Urban Development (HUD) announced today the most extensive update to the Manufactured Home Construction…
HUD: $10 Million Awarded to Protect and Empower Low-Income Tenants
Funds will provide resources to support tenant organizations across the country. Today, the U.S. Department of Housing and Urban Development (HUD) awarded $10 million in grants to expand tenant education opportunities and resources for low-income residents of homes supported by the Section 8 Project-Based Rental Assistance (PBRA) program. This funding will support capacity building efforts that…
HUD: More Than $6 Million Announced to Revitalize Communities with Distressed HUD-Assisted Housing
Choice Neighborhood Planning Grants will kickstart community-driven transformation plans that will benefit residents and local economies Today, the U.S. Department of Housing and Urban Development (HUD) announced $6.5 million in Choice Neighborhoods Planning Grants for 13 communities in 11 states across America to redevelop severely distressed public housing or HUD-assisted housing, improve outcomes for residents,…
HUD: More Than $5 Million in New Investments Announced for Camden, NJ
New awards will support climate resilience and energy efficiency renovations. On Monday, September 9, 2024, U.S. Department of Housing and Urban Development (HUD) Acting Secretary Adrianne Todman traveled to Camden, New Jersey, to announce a $5,640,000 grant to Northgate II, a 402-unit affordable housing development in North Camden, to support significant energy efficiency and climate…