HUD and Census Bureau: New Residential Sales Report for March 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 March 2018: New Home Sales Sales of new single-family houses in March 2018 were at a seasonally adjusted annual rate of 694,000. This is 4.0 percent (±18.6 percent)* above the revised February…
FHFA: House Price Index Up 0.6 Percent in February 2018
U.S. house prices rose in February, up 0.6 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The previously reported 0.8 percent increase in January was revised upward to 0.9 percent. The FHFA monthly HPI is calculated using home sales price information from mortgages…
HUD: University of Maryland Wins HUD’s Innovation in Affordable Housing Student Design and Planning Competition
The U.S. Department of Housing and Urban Development (HUD) today announced the University of Maryland, College Park as the winner of its 2018 Innovation in Affordable Housing Student Design and Planning Competition. A team of graduate students received top honors for their project, Beacon Crossing—a plan for public housing in Dover, N.H., that will provide…
HUD and Census Bureau: Residential Construction Activity Report for March 2018
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for March 2018. Building Permits Privately owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 1,354,000. This is 2.5 percent (±1.4 percent) above the revised…
FEMA: Recovery Progress Continues in Puerto Rico with Agreement on Public Assistance Alternative Procedures Guide
FEMA Administrator Brock Long announced today that FEMA and the Government of Puerto Rico have coordinated the guidelines for permanent work restoration in Puerto Rico. FEMA is releasing the “Public Assistance Alternative Procedures Guide for Permanent Work (Section 428)” document specifically for permanent work projects in Puerto Rico. Using these procedures, FEMA will develop fixed-cost…
HUD: Justice Department and HUD Join Forces in Nationwide Initiative to Combat Sexual Harassment in Housing
Today, as the U.S. Department of Housing and Urban Development (HUD) and the Department of Justice recognizes the 50th Anniversary of the Fair Housing Act, Secretary Carson and Attorney General Jeff Sessions announced the nationwide rollout of an initiative aimed at increasing awareness and reporting of sexual harassment in housing. The announcement includes an interagency…
HUD: $1.6 Billion Awarded to Help the U.S. Virgin Islands to Recover from Hurricanes Irma and Maria
Disaster recovery funds to help repair damaged homes, businesses and infrastructure WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today awarded $1.6 billion to support long-term disaster recovery in the U.S. Virgin Islands following Hurricanes Irma and Maria. These funds are provided through HUD’s Community Development Block Grant – Disaster Recovery (CDBG-DR)…
HUD: $28 Billion Awarded to Help Hard-Hit Disaster Areas in Nine States, Puerto Rico and U.S. Virgin Islands
Disaster recovery funds to help repair damaged housing, businesses and infrastructure The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $28 billion to support long-term disaster recovery in hard-hit areas in nine states, Puerto Rico and the U.S. Virgin Islands. These funds are provided through HUD’s Community Development Block Grant – Disaster…
HUD: VA and HUD Team Up to Help Homeless Veterans Find Permanent Homes
HUD-VASH vouchers to provide housing for 5,211 veterans WASHINGTON – In a continued effort to end veteran homelessness, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced $43 million to 325 local public housing agencies (PHAs) across the country to provide a permanent home to…
HUD: Commemorating Fair Housing Month and 50 Years of the Fair Housing Act
Nearly 50 years ago, President Lyndon Johnson signed the Civil Rights Act of 1968 and fair housing became law. In signing the landmark measure, President Johnson declared, “Now, with this bill, the voice of justice speaks again. It proclaims that Fair Housing for all, all human beings who live in this country, is now part…