FHFA: House Price Index Up 0.5 Percent in October 2017
U.S. house prices rose in October, up 0.5 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The previously reported 0.3 percent increase in September was revised upward to 0.5 percent. The FHFA monthly HPI is calculated using home sales price information from mortgages…
FHFA: Third Quarter 2017 Foreclosure Prevention Report Shows Foreclosure Preventions Top 3.9 Million
Hurricanes Impact Delinquency Rate The Federal Housing Finance Agency (FHFA) today released its third quarter Foreclosure Prevention Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 41,465 foreclosure prevention actions in the third quarter of 2017, bringing the total number of troubled homeowners helped to 3,972,689 since the start of the conservatorships…
FEMA: Disaster Assistance in Puerto Rico 90 Days After Hurricane Maria
GUAYNABO, Puerto Rico– More than $870 million in federal funds has been provided to Puerto Rico survivors of Hurricanes Irma and Maria. This includes money paid out in FEMA grants, U.S. Small Business Administration low-interest loans and National Flood Insurance Policy claims. These funds help make it possible to begin rebuilding homes and restoring communities….
HUD: Guide Released to Help Struggling Homeowners Avoid Foreclosure
Guide helps borrowers and disaster victims to understand mortgage options and avoid scams The U.S. Department of Housing and Urban Development today released the Homeowners Guide to Success as part of a public-private partnership between federal agencies and industry partners. The guide provides homeowners with information on the critical first steps to take if they…
FEMA: Direct Assistance for Limited Home Repair Fact Sheet
The Direct Assistance for Limited Home Repair (DALHR) program may be available for Texans recovering from Hurricane Harvey. The program provides repairs to homes with moderate damages so applicants who lack available resources can live in their home again. The DALHR program is one of several housing solutions for Texans. FEMA determines if applicants are…
FEMA: Manufactured Housing Options Fact Sheet
Temporary housing options including Manufactured Housing Units (MHUs), Travel Trailers and non-motorized Recreational Vehicles (RVs) may be available for Texans recovering from Hurricane Harvey. The use of manufactured housing units, travel trailers or non-motorized RVs are some housing solutions available for Texans after Hurricane Harvey. FEMA determines if applicants are eligible and pairs them with…
FEMA: Direct Leasing Options Fact Sheet
The Texas General Land Office (GLO) is asking for your help in providing housing solutions for eligible Texans displaced from their permanent residences by Hurricane Harvey. The GLO is administering temporary housing leasing through the Direct Leasing and Multi-Family Lease and Repair (MLR) programs for eligible Texans unable to return to their homes until they…
FEMA: Direct Temporary Housing Assistance Fact Sheet
The Direct Housing mission for Hurricane Harvey survivors is being administered by the State and implemented by local jurisdictions. With the federal government’s financial support, Texas is leading the way with housing solutions to help impacted communities recover. Assistance may be available to applicants who live in a county designated for Direct Housing with a…
HUD and Census Bureau: Residential Construction Activity in November 2017
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 November 2017. Building Permits: Privately owned housing units authorized by building permits in November were at a seasonally adjusted annual rate of 1,298,000. This is 1.4 percent (±1.7 percent)* below the revised…
FEMA: New Online Tool Allows California Residents to Track Fire Debris Removal
Residents who lost their homes in the October wildfires will have a new tool to track the progress of debris removal in their communities. The U.S. Army Corps of Engineers (USACE), with the support of the Federal Emergency Management Agency (FEMA) and the U.S. Environmental Protection Agency (EPA), has launched a website designed to give…