HUD: “Worst Case Housing Needs” Increased in 2015
8.3 million households paid more than half their income for rent or lived in substandard housing WASHINGTON – The number of very poor unsubsidized families struggling to pay their monthly rent and who may also be living in substandard housing increased between 2013 and 2015, according to a new report released today by the U.S….
Census Bureau: 2015 Rental Housing Finance Survey Available
The 2015 Rental Housing Finance Survey (RHFS) are now available on census.gov. This survey provides measures of financial, mortgage, and property characteristics of rental housing properties in the United States. Statistics include property, residential structure(s), and mortgage characteristics, ownership status, commercial use of space and benefits received. Internet address: <https://www.census.gov/programs-surveys/rhfs.html>.
FHFA: Progress Update on Fannie Mae and Freddie Mac Credit Risk Transfer Program
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today issued a Credit Risk Transfer Progress Report updating the status and volume of credit risk transfer transactions through the first quarter of 2017. The Report gives a comprehensive picture of how Fannie Mae and Freddie Mac (the Enterprises) transfer a portion of credit risk to…
CFPB: Don’t Let Marketers Tell You How to Age in Place
We often hear that older Americans want to “age in place.” Aging in place means living at home in the community, rather than in an institutional setting, like a nursing facility. This is the choice most people want to make even if they need services and support to do so. With over ten thousand people…
CDFI Fund: Registration Open for FY 2017 Capital Magnet Fund In-Person Application Workshops
Registration is now open to attend in-person application workshops for the fiscal year (FY) 2017 application round of the Capital Magnet Fund. Two in-person workshops—a morning session and an afternoon session—will be held at the CDFI Fund’s offices in Washington, D.C. on July 26, 2017. The same information will be covered during each workshop session….
CDFI Fund: 2017 Funding Round for Capital Magnet Fund Opens
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today opened the fiscal year (FY) 2017 funding round for the Capital Magnet Fund. Through the Capital Magnet Fund, the CDFI Fund competitively awards funds to CDFIs and qualified non-profit housing organizations. These awards can be used to finance affordable housing activities,…