HUD: New Actions Announced to Support Hawaii Homeowners Seeking to Rebuild After Wildfires
Extended flexibility for borrowers through the Federal Housing Administration now allows more time to finance single family home reconstruction in Maui County, HI. Today, on the one-year anniversary of the tragic Maui wildfires, the U.S. Department of Housing and Urban Development (HUD), through its Federal Housing Administration (FHA), announced new actions to support borrowers in…
HUD: New HUD Policy Changes Expand Access to Housing for Veterans
Changes will enable veterans with service-connected disability benefits access more housing opportunities Today, the U.S. Department of Housing and Urban Development (HUD) announced a new set of policy changes that will help more veterans receive assistance under the HUD-Department of Veteran Affairs (VA) Supportive Housing (HUD-VASH) program, and improve their access to supportive housing developments. Veterans experiencing homelessness often receive…
HUD: $6 Million Awarded to Protect Families from Home Health and Safety Hazards
Funding will be used to make private homes safer The U.S. Department of Housing and Urban Development (HUD) today awarded $6 million to two nonprofit organizations, and a city government to protect children and families from home health hazards. This is the second round of funding announced for this program in addition to the grant announcements made…
HUD: $1.5 Million Invested to Modernize Homes for Illinois Families
Two transactions in Illinois will fund electrification, climate resilience, and energy efficiency renovations in Chicago and Champaign, benefiting low-income seniors. Today, the U.S. Department of Housing and Urban Development (HUD) announced the recent completion of two transactions totaling $1.5 million to finance energy efficient and climate resilient improvements for affordable homes in Illinois under the…
HUD: Over $3.5 Billion Announced to Help People Experiencing Homelessness
HUD Announces Over $3.5 Billion to Help People Experiencing Homelessness HUD makes largest-ever single-year investment in communities’ homelessness response systems and streamlines program requirements for providers WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced that it will provide more than $3.5 billion in competitive funding to homeless services organizations across the…
HUD: 3-D Printing Showcased as an Innovative Solution for Affordable Housing Supply
At an event in Fairbanks, Alaska, HUD leaders showed how innovative technologies can help to build quality, affordable and resilient homes for all. Today, senior leaders from the U.S. Department of Housing and Urban Development (HUD) joined the University of Alaska Fairbanks to demonstrate and highlight one of the innovative ways HUD is working to…
FHFA: House Price Index Unchanged in May 2024; Up 5.7 Percent from Last Year
U.S. house prices were unchanged in May, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 5.7 percent from May 2023 to May 2024. The previously reported 0.2 percent price increase in April was revised upward to 0.3 percent. For the nine census divisions, seasonally adjusted monthly price changes from…
HUD: Over $150 Million Announced for Tribal Communities for Construction of Innovative, Affordable Housing
The U.S. Department of Housing and Urban Development (HUD) today announced awards totaling $150.9 million for new affordable and innovative housing investments in Tribal communities. Principal Deputy Assistant Secretary Richard Monocchio made the announcement today in Anchorage, Alaska, where he presented $6 million to the Cook Inlet Housing Authority to build 51 new housing units…
HUD: $3.4 Million Awarded to Public Housing Authorities to Prevent Homelessness Among Vulnerable Youth Exiting Foster Care
38 Public Housing Agencies in 19 states will use funding to keep foster youth housed. Today, the U.S. Department of Housing and Urban Development (HUD) awarded $3.4 million to 38 Public Housing Agencies (PHAs) for 257 vouchers and administrative fees to provide housing assistance to young adults who left foster care or are transitioning out of…
HUD and Census Bureau: New Residential Sales Report Issued for June 2024
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for June 2024: New Home SalesSales of new single-family houses in June 2024 were at a seasonally adjusted annual rate of 617,000, according to estimates released jointly today by the U.S. Census Bureau and…