HUD: Final Rule Issued to Increase Lender Participation and Boost Homeownership in Tribal Communities
Enhanced home loan program helps to further the homeownership dream for Native American families. Today, the U.S. Department of Housing and Urban Development (HUD) announced a final rule that will increase lender participation in the Section 184 Indian Housing Loan Guarantee (Section 184) program, strengthen regulations to meet the program’s growing demands, and ensure that…
FHFA: FHLBank and CDFI Symposium Scheduled for June 20th in Washington, DC
The Federal Housing Finance Agency (FHFA) today announced that it will host a Federal Home Loan Bank (FHLBank) and Community Development Financial Institution (CDFI) Symposium in Washington, D.C., on Thursday, June 20, 2024. “CDFIs have a relationship-focused approach that enables them to reach individuals who have limited housing options, in a safe and sound manner,”…
HUD: City of Indianapolis and HUD Partner to Take Possession of Indianapolis Housing Agency
Federal and local officials jointly addressing housing conditions and operational failures impacting Indianapolis residents. Today, HUD Principal Deputy Assistant Secretary Richard J. Monocchio and Indianapolis Mayor Joe Hogsett signed a Cooperative Endeavor Agreement (CEA) between the U.S. Department of Housing and Urban Development (HUD) and the City to jointly take action to restore public confidence in and…
FHFA: State Financial Regulators and FHFA Enter Into Mortgage Market Information Sharing Agreement
The Conference of State Bank Supervisors (CSBS) and the Federal Housing Finance Agency (FHFA) yesterday entered into a formal agreement designed to facilitate information sharing with respect to nonbank mortgage companies. The memorandum of understanding establishes substantive information sharing protocols between state financial regulators and FHFA, improving the ability to coordinate on market developments, identify…
HUD: Nearly $70 Million in Grants Announced to Protect Families from Home Health and Safety Hazards
Funding helps vulnerable residents by fixing housing-related health and safety hazards, establishing sustainable local programs, and supporting key research to identify and mitigate these hazards. The U.S. Department of Housing and Urban Development (HUD) today announced nearly $70 million in grants across the country that will help transform communities by fixing older housing, preserving affordable…
HUD: $10 Million Funding Opportunity Announced for Community Revitalization Efforts
HUD’s signature program will focus on investing resources in housing, people, and neighborhoods nationwide. Today, Acting Secretary of the U.S. Department of Housing and Urban Development (HUD) Adrianne Todman announced a new notice of funding opportunity through the FY24 Choice Neighborhoods Planning Grant that will provide $10 million to support local planning efforts to revitalize communities….
HUD: $83 Million Awarded to Boost Local Affordable Housing and Community Development
Funding will be used to create jobs and boost affordable housing units in rural and tribal communities. The U.S. Department of Housing and Urban Development (HUD) announced today that it will award $83 million to three organizations for local affordable housing and community development activities that benefit people with low-incomes. The funding, awarded through HUD’s…
HUD: $13.5 Million in Grants Awarded to Expand Access to Homeownership Opportunities
Four housing providers to produce over 440 homes for low-income first-time homebuyers using Self-Help Homeownership Opportunity Program (SHOP) Grants Today, the U.S. Department of Housing and Urban Development (HUD) awarded $13.5 million in “sweat equity grants” to support non-profit, self-help housing organizations that enable homeownership opportunities for hard-working, low-income families and individuals. Funded through HUD’s Self-Help…
HUD: Over $30 Million Awarded to Fight Housing Discrimination
The U.S. Department of Housing and Urban Development (HUD) is announcing today the award of over $30 million to fair housing organizations across the country under its Fair Housing Initiatives Program (FHIP). The grants will support the efforts of national, state, and local fair housing entities working to address violations of the Fair Housing Act and…
HUD: HUD Commemorates National Fair Housing Month
Today, Adrianne Todman, Acting Secretary of the U.S. Department of Housing and Urban Development (HUD), released the following statement in commemoration of Fair Housing Month and the signing of the Fair Housing Act of 1968, which prohibits discrimination on the basis of race, color, national origin, religion, sex (including sexual orientation and gender identity), disability,…