HUD: New Rule Proposed to Govern the Sale of FHA Mortgage Notes
Proposed rule to establish a permanent Single Family Sale Program, including exclusive first look opportunities for prospective homeowners Today, the U.S. Department of Housing and Urban Development (HUD) is proposing a new rule to govern the sale of seriously delinquent single family mortgage loans insured by the Federal Housing Administration (FHA). These rules will help expand available…
HUD: $325 Million Invested in Housing and Community Development Improvements
President Biden and HUD Acting Secretary Todman announced the Choice Neighborhoods awards to build new homes and spur economic development. Today, President Joe Biden and HUD Acting Secretary Adrianne Todman announced that the Biden-Harris Administration is awarding $325 million in Choice Neighborhoods Implementation Grant funding to seven communities to build more homes and revitalize neighborhoods…
HUD: Disaster Aid Offered to Texas Hurricane Victims
Federal aid supports state, tribal and local recovery for July 2024 Texas hurricane. 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 aid to supplement state, tribal, and local recovery efforts in the areas affected by hurricane Beryl beginning on…
HUD: Council on Foundations and HUD Announce Winners of 2024 Secretary’s Award for Public-Philanthropic Partnerships
Today, the U.S. Department of Housing and Urban Development (HUD) and the Council on Foundations (The Council) announced the winners of the 2024 Secretary’s Award for Public-Philanthropic Partnerships. The Secretary’s Award for Public-Philanthropic Partnerships recognizes excellence in partnerships that have both transformed the relationship between the public and philanthropic sectors and led to measurable benefits…
HUD: $40 Million Made Available to Prevent Evictions and Prevent Homelessness
The funding will provide legal assistance at no cost to low-income tenants. The U.S. Department of Housing and Urban Development (HUD) announced the availability of $40 million in grant funds for eligible non-profit or governmental entities to provide no cost legal assistance to low-income tenants at risk of or subject to eviction from their homes….
HUD: Over $30 Million Awarded to Connect Public Housing Residents to Employment and Education to Help Bridge the Wealth Gap
Awards will go to Public Housing Agencies and will help increase economic mobility to families across the country. The U.S. Department of Housing and Urban Development (HUD) today awarded over $30 million to 14 Public Housing Agencies (PHAs) in 12 states to help families increase their earned income and improve their economic mobility through the…
HUD & FEMA: Agencies Partner to Enhance State Planning for Housing Recovery and to Build Resilience
Today, FEMA, in partnership with the U.S. Department of Housing and Urban Development (HUD), published the Pre-Disaster Housing Planning Initiative Report to promote collaborative approaches to disaster housing recovery challenges and to bolster state planning for housing recovery before disasters occur. “I’ve traveled throughout the country to witness the aftermath of natural disasters and the devastating…
HUD: FHA Program Expanded to Help Homeowners Repair Homes
The newly updated Federal Housing Administration Program will assist families looking for affordable financing to repair, purchase, or rehabilitate single-family homes. Today, the U.S. Department of Housing and Urban Development, through its Federal Housing Administration (FHA), published a newly updated set of policies for its 203(k) Rehabilitation Mortgage Insurance Program. The changes announced today will modernize…
HUD: $1.5 Million in Funding Awarded to Help Families Find Housing in Neighborhoods with HUD Vouchers
Awards provide support to Public Housing Agencies in developing plans for families to maximize housing and neighborhood choice. Today, the U.S. Department of Housing and Urban Development (HUD) announced $1.5 million in Housing Mobility-Related Services Planning awards to 25 Public Housing Agencies (PHAs) across 14 states. These funds enable PHAs to implement programs in their…
HUD: Disaster Aid Offered to Minnesota Storm and Flood Victims
Federal aid supports state, tribal and local recovery for June 2024 Minnesota storms and flooding. The U.S. Department of Housing and Urban Development (HUD) announced the implementation of federal disaster assistance for the state of Minnesota and ordered Federal aid to supplement state, tribal, and local recovery efforts in the areas affected by severe storms…