HUD: New FHA Loan Program Launched to Invest in Manufactured Home Communities
New program offers affordable financing for organizations to purchase or refinance and revitalize manufactured home communities to lower housing costs across the country. Today, the U.S. Department of Housing and Urban Development, through the Federal Housing Administration (FHA), announced the launch of its new Manufactured Home Community loan product, which will provide an FHA-insured financing option for…
HUD: Disaster Assistance Announced for Texas Survivors
The U.S. Department of Housing and Urban Development (HUD) announced the implementation of federal disaster assistance for the state of Texas and ordered Federal assistance to State, tribal, and local recovery efforts in the areas affected by severe storms, straight-line winds, tornadoes, and flooding beginning on April 26, 2024, and continuing. President Biden issued a major disaster…
HUD: Disaster Assistance Announced for Iowa Survivors
The U.S. Department of Housing and Urban Development (HUD) announced the implementation of federal disaster assistance for the state of Iowa and ordered Federal assistance to State, tribal, and local recovery efforts in the areas affected by severe storms and tornadoes from April 26 to April 27, 2024. President Biden issued a major disaster declaration in the…
HUD: Additional Relief Extended to Borrowers in Maui, HI
Federal Housing Administration to extend foreclosure moratorium through August 4, 2024, to help homeowners impacted by 2023 wildfires. Today, the U.S. Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), announced it is extending its foreclosure moratorium for borrowers with FHA-insured mortgages in Maui County, HI, through August 4, 2024. FHA is taking…
HUD: Disaster Assistance Announced for Oklahoma Survivors
The U.S. Department of Housing and Urban Development (HUD) announced the implementation of federal disaster assistance for Oklahoma and ordered Federal assistance to State, tribal, and local recovery efforts in the areas affected by severe storms, straight-line winds, tornadoes, and flooding beginning on April 25, 2024, and continuing. President Biden issued a major disaster declaration in the counties…
HUD: New Guidance Issued to Protect Borrowers from Appraisal Bias
Federal Housing Administration’s new Reconsideration of Value policy requires lenders to provide a pathway for borrowers to request reviews of home appraisal valuations. Today, the U.S. Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), announced a major new step in the Department’s work to protect borrowers from racial or ethnic…
HUD: Disaster Assistance Announced for Washington Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of Washington and ordered Federal assistance to supplement state, tribal, and local recovery efforts in the areas affected by severe winter storms, straight-line winds, flooding, landslides, and mudslides from January 5 to January 29, 2024….
HUD: Disaster Assistance Announced for Kansas Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for Kansas and ordered Federal assistance to supplement state, tribal, and local recovery efforts in the areas affected by a severe winter storm from January 8 to January 16, 2024. President Biden issued a major disaster declaration in the counties…
HUD: Multifamily Insurance Deductibles Updated to Address Rising Costs of Wind and Storm Coverage
Revisions will reduce costs for owners while continuing to ensure that properties have adequate insurance coverage – a key element of HUD’s work to address insurance costs and ensure communities recover from disaster Today, the U.S. Department of Housing and Urban Development, through the Federal Housing Administration (FHA), updated its policies for wind and named storm insurance…
HUD: HUD Cares Tour Launches to Highlight Key Agency Milestones
This campaign will be comprised of a multi-city tour to showcase the agency’s accomplishments. Today, the Department of Housing and Urban Development officially launched the HUD Cares Tour, a multi-city tour that will highlight the agency’s key milestones and accomplishments since the beginning of the Biden-Harris administration as well as priorities for 2024. “Over the…