HUD: John Marshall Law School and HUD Team Up to Launch National Fair Housing Training Academy
Partnership to cultivate next generation of civil rights professional The U.S. Department of Housing and Urban Development (HUD) announced today that it is partnering with the John Marshall Law School in Chicago and Cloudburst Consulting Group, Inc., to develop the National Fair Housing Training Academy (NFHTA). The Academy will prepare fair housing advocates, lawyers, investigators,…
HUD: Record $2.3 Billion Available to Support Thousands of Local Homeless Programs
In a continuing effort to prevent and end homelessness, the U.S. Department of Housing and Urban Development (HUD) today is making a record $2.3 billion available to support thousands of local homeless assistance programs nationwide. Read HUD’s Notice of Funding Availability (NOFA). HUD’s Continuum of Care homeless assistance grants support a wide variety of local programs…
HUD: Record $330 Million Offered to Clean Up Dangerous Lead and Other Hazards in Housing
Largest funding amount available ever to make low-income housing lead safe The U. S. Department of Housing and Urban Development today announced a record $330 million in grants to clean up lead-based paint hazards and other housing-related health and safety hazards in low-income housing. Click here to view Secretary Carson talking about the importance of this…
HUD and Census Bureau: New Residential Sales Report Released for May 2019
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 May 2019: New Home Sales Sales of new single-family houses in May 2019 were at a seasonally adjusted annual rate of 626,000. This is 7.8 percent (±14.7 percent)* below the revised April…
FHFA: House Price Index Up 0.4 Percent in April 2019; Up 5.2 Percent from Last Year
U.S. house prices rose in April, up 0.4 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The previously reported 0.1 percent increase for March 2019 remained unchanged. The FHFA monthly HPI is calculated using home sales price information from mortgages sold to, or guaranteed by,…
HUD: $63 Million Awarded to Support Affordable Housing and Community Development in 85 Tribal Communities
The U.S. Department of Housing and Urban Development (HUD) today awarded $63 million to 85 Native American communities throughout the country to improve housing conditions and stimulate community development for residents, including funding construction projects that generate local job opportunities. HUD’s Indian Community Development Block Grant (ICDBG) Program supports a wide range of community development and affordable…
FHFA: 2018 Report to Congress Includes Legislative Recommendations
The Federal Housing Finance Agency (FHFA) today released its 2018 Report to Congress. The report meets the requirements of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Housing and Economic Recovery Act of 2008. It provides information about FHFA’s 2018 examinations of Fannie Mae and Freddie Mac (the Enterprises),…
ABA: New Infographic Outlines Affordable Housing Challenges and Possible Solutions
In recognition of American Housing Month, the American Bankers Association Foundation today released a new infographic that examines affordable housing challenges in the U.S. and what America’s banks are doing to help ease the burden on consumers. As the Foundation infographic shows, the rising cost of construction for new housing developments, as well as zoning and land-use…
HUD: $43 Million Offered to Support Housing Counseling
June is National Homeownership Month, a time to recognize the importance of homeownership to the U.S. economy and the benefits owning a home have on building household wealth for families. To support stable and sustainable homeownership, the U.S. Department of Housing and Urban Development (HUD) today announced it is making $43 million in grants available…
FHA: U.S. House Prices Rise 1.1 Percent in First Quarter 2019
U.S. house prices rose 1.1 percent in the first quarter of 2019 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 5.1 percent from the first quarter of 2018 to the first quarter of 2019. FHFA’s seasonally adjusted monthly index for March was up 0.1 percent from February. The HPI is calculated using home sales…