HUD: Foreclosure Relief Extended to Californians Impacted by Los Angeles County Wildfires
HUD Secretary Scott Turner announces 90-day extension of foreclosure moratorium on Federal Housing Administration (FHA) single family mortgages in impacted areas Today, the U.S. Department of Housing and Urban Development (HUD) is announcing a 90-day extension of its foreclosure moratorium on Federal Housing Administration (FHA)-insured single family mortgages in the areas of Los Angeles County,…
HUD and Census Bureau: New Residential Sales Report for January 2025 Issued
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 January 2025: New Home SalesSales of new single-family houses in January 2025 were at a seasonally adjusted annual rate of 657,000, according to estimates released jointly today by the U.S. Census Bureau…
HUD: $2.5 Million in Disaster Funding Announced to Support Americans Impacted by Recent Hurricanes and Severe Storms
Rapid Unsheltered Survivor Housing (RUSH) Grants will be awarded to North Carolina, South Carolina, Texas, and the City of Houston Under the leadership of Secretary Scott Turner, the U.S. Department of Housing and Urban Development (HUD) awarded nearly $2.5 million in Rapid Unsheltered Survivor Housing (RUSH) funding across four jurisdictions to assist Americans impacted by…
HUD: Secretary Turner Cuts Red Tape by Terminating the Affirmatively Furthering Fair Housing Rule
Action will restore zoning decisions to localities and increase access and supply of affordable housing Today, Secretary Scott Turner announced the U.S. Department of Housing and Urban Development (HUD) will terminate the Biden-era 2021 Affirmatively Furthering Fair Housing (AFFH) rule, cutting costly red tape imposed on localities and returning decision-making power to local and state governments. The…
FHFA: U.S. House Prices Rice 4.5 Percent Over the Prior Year; Up 1.4 Percent from the Third Quarter 2024
U.S. house prices rose 4.5 percent between the fourth quarter of 2023 and the fourth quarter of 2024, according to the Federal Housing Finance Agency (FHFA) House Price Index (FHFA HPI®). House prices were up 1.4 percent compared to the third quarter of 2024. FHFA’s seasonally adjusted monthly index for December was up 0.4 percent from November. “U.S. house prices grew…
CDFI Fund: FY 2025 Housing Production-Financial Assistance (HP-FA) Application Now Available
As part of the fiscal year (FY) 2025 Application round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) that opened on January 16, 2025, the Community Development Financial Institutions Fund (CDFI Fund) is inviting Applicants to compete for approximately $100 million in Housing Production-Financial Assistance (HP-FA) Awards. …
HUD: HUD Secretary Turner Launches DOGE Task Force to Eliminate Waste, Fraud and Abuse
The U.S. Department of Housing and Urban Development (HUD) will launch a U.S. Department of Government Efficiency (DOGE) Task Force to review how HUD is spending American taxpayer dollars. The task force will be composed of HUD employees who will examine how to best maximize the agency’s budget and ensure all programs, processes and personnel…
HUD: Secretary Turner Halts Enforcement Actions of HUD’s Gender Identity Rule
Secretary Turner issued an order directing the U.S. Department of Housing and Urban Development (HUD) to halt any pending or future enforcement actions related to HUD’s 2016 rule entitled “Equal Access in Accordance With an Individual’s Gender Identity in Community Planning and Development Programs.” Secretary Turner’s action will ensure housing programs, shelters and other HUD-funded providers offer…
HUD: Scott Turner Confirmed as Secretary of Housing and Urban Development
Today, Scott Turner was confirmed by the United States Senate to be the 19th Secretary of the U.S. Department of Housing and Urban Development (HUD). Secretary Turner was confirmed by a bipartisan vote of 55-44 and sworn in by Associate Justice of the United States Supreme Court, the Honorable Clarence Thomas. “I am honored and…
FHFA: House Price Index Up 0.3 Percent in November 2024; Up 4.2 Percent from Previous Year
U.S. house prices rose 0.3 percent in November, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 4.2 percent from November 2023 to November 2024. The previously reported 0.4 percent price growth in October was revised upward to 0.5 percent. However, in a repeat of previous HPI updates, price growth…