HUD: New 2017 American Housing Survey Released
2017 AHS provides insight on disaster preparedness, housing and neighborhoods WASHINGTON – Renters are three times more likely to need financial assistance to evacuate during a major disaster than those who own their own homes. That’s according to the new 2017 American Housing Survey released today by the U.S. Department of Housing and Urban Development…
HUD: $18 Million Awarded to Clean Up Dangerous Lead in Public Housing
Funding to protect children in 20 Public Housing Authorities WASHINGTON – In an effort to identify and eliminate lead-based paint hazards in public housing, the U.S. Department of Housing and Urban Development (HUD) today announced it is awarding $18 million to 20 public housing agencies across the country. These funds are offered through HUD’s Lead-Based…
HUD: Choice Neighborhood Planning Grants Awarded
Communities in Alabama, Arizona, Illinois, Maryland, New Jersey and Wisconsin awarded Planning Grants WASHINGTON – Expanding on its commitment to help local communities redevelop severely distressed HUD assisted housing and revitalize neighborhoods, the U.S. Department of Housing and Urban Development (HUD) today awarded nearly $5 million to six communities. Funded through HUD’s Choice Neighborhoods program,…
HUD: $99 Million Awarded to Provide Affordable Housing to People with Disabilities
NEW vouchers to provide permanent housing to additional 12,000 low-income disabled residents WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today awarded $98.5 million to 285 local public housing authorities across the country to provide permanent affordable housing to nearly 12,000 additional non-elderly persons with disabilities. See the local impact of the…
HUD: $23 Million Awarded to Renew Support to 22 Local HIV-AIDS Housing Programs
Funding offers stable housing for individuals and families at risk of homelessness WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced $23 million to assist more than 1,700 low-income persons living with HIV/AIDS and their families annually over a three-year period. The funding announced today is offered through HUD’s Housing Opportunities for…
FHFA: Index Shows Mortgage Rates Increased in July 2018
Nationally, interest rates on conventional purchase-money mortgages increased from June to July, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 4.60 percent for loans closed in late July, up 1 basis point from 4.59 percent in June. The average interest…
HUD: $5 Million Awarded to 22 Public Housing Agencies for Emergency and Security Improvements
In an effort to keep public housing residents safe and secure, the U.S. Department of Housing and Urban Development (HUD) is awarding $5 million in grants to 22 public housing authorities. HUD’s Capital Fund Emergency Safety and Security Program supports public housing authorities as they address the safety of public housing residents. These grants may be used…
HUD and Census Bureau: New Residential Sales Report for July 2018
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 July 2018: New Home Sales Sales of new single-family houses in July 2018 were at a seasonally adjusted annual rate of 627,000. This is 1.7 percent (±14.7 percent)* below the revised June…
FHFA: U.S. House Prices Rise 1.1 Percent in Second Quarter 2018
U.S. house prices rose 1.1 percent in the second quarter of 2018 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 6.5 percent from the second quarter of 2017 to the second quarter of 2018. FHFA’s seasonally adjusted monthly index for June was up 0.2 percent from May. The…
HUD: Following Court Ruling, Department Moving Forward on Amending Affirmatively Furthering Fair Housing Regulations
In the wake of a federal court decision upholding the U.S. Department of Housing and Urban Development’s approach to rulemaking, HUD Secretary Ben Carson today announced that HUD intends to move forward in amending its 2015 Affirmatively Furthering Fair Housing (AFFH) regulations. Last week, Chief Judge Beryl A. Howell, of the U.S. District Court for…