Housing

FHFA: House Price Index Up 0.2 Percent in January 2025; Up 4.8 Percent from Last Year

U.S. house prices rose 0.2 percent in January, according to the U.S. Federal Housing (FHFA) seasonally adjusted monthly House Price Index (FHFA HPI®). House prices rose 4.8 percent from January 2024 to January 2025. The previously reported 0.4 percent price growth in December was revised upward to 0.5 percent. For the nine census divisions, seasonally adjusted monthly home price…

HUD: Disaster Aid & Financial Flexibility Announced for Kentucky Residents Impacted by Natural Disasters

The U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced the availability of federal disaster assistance to the Commonwealth of Kentucky to supplement recovery efforts in the areas affected by severe storms, straight-line winds, flooding, landslides and mudslides from Feb. 14, 2025 and continuing. “The best way to respond in the face…

HUD: Secretary Turner and DHS Secretary Noem Establish Partnership to End Illegal Alien Exploitation of Housing Programs

U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner and U.S. Department of Homeland Security (DHS) Secretary Kristi Noem today signed the “American Housing Programs for American Citizens” Memorandum of Understanding (MOU), to end the wasteful misappropriation of taxpayer dollars to benefit illegal aliens instead of American citizens. As part of this new agreement, HUD…

HUD: Disaster Recovery Process Streamlined with Universal Notice

Action will ensure efficient and effective delivery of critical funding for communities impacted by natural disasters U.S. Housing and Urban Development (HUD) Secretary Scott Turner announced HUD is streamlining and simplifying its disaster recovery processes to deliver disaster assistance more quickly to Americans recovering from catastrophic events. HUD published an updated Community Development Block Grant…

HUD: Secretary Turner and DOI Secretary Burgum Announce Joint Task Force to Use Federal Lands for Affordable Housing

 U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner and U.S. Department of the Interior (DOI) Secretary Doug Burgum announced a Joint Task Force on Federal Land for Housing to identify underutilized federal lands suitable for residential development, streamline land transfer processes and promote policies that increase the availability of affordable housing. Read more in the…

HUD: Innovative Housing Showcase “The American Home is the American Dream” Returns to the National Mall

Showcase to run May 30 – June 1 and celebrate 250th Anniversary of American Independence Secretary Scott Turner today announced the return of the U.S. Department of Housing and Urban Development (HUD)’s Innovative Housing Showcase from May 30 – June 1 to the National Mall in Washington, D.C. This year’s showcase will highlight history-defining events in…

HUD: Foreclosure Relief Extended to Californians Impacted by Los Angeles County Wildfires

HUD Secretary Scott Turner announces 90-day extension of foreclosure moratorium on Federal Housing Administration (FHA) single family mortgages in impacted areas Today, the U.S. Department of Housing and Urban Development (HUD) is announcing a 90-day extension of its foreclosure moratorium on Federal Housing Administration (FHA)-insured single family mortgages in the areas of Los Angeles County,…

HUD and Census Bureau: New Residential Sales Report for January 2025 Issued

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for January 2025: New Home SalesSales of new single-family houses in January 2025 were at a seasonally adjusted annual rate of 657,000, according to estimates released jointly today by the U.S. Census Bureau…

HUD: $2.5 Million in Disaster Funding Announced to Support Americans Impacted by Recent Hurricanes and Severe Storms

Rapid Unsheltered Survivor Housing (RUSH) Grants will be awarded to North Carolina, South Carolina, Texas, and the City of Houston Under the leadership of Secretary Scott Turner, the U.S. Department of Housing and Urban Development (HUD) awarded nearly $2.5 million in Rapid Unsheltered Survivor Housing (RUSH) funding across four jurisdictions to assist Americans impacted by…

HUD: Secretary Turner Cuts Red Tape by Terminating the Affirmatively Furthering Fair Housing Rule

Action will restore zoning decisions to localities and increase access and supply of affordable housing Today, Secretary Scott Turner announced the U.S. Department of Housing and Urban Development (HUD) will terminate the Biden-era 2021 Affirmatively Furthering Fair Housing (AFFH) rule, cutting costly red tape imposed on localities and returning decision-making power to local and state governments. The…