HUD: Community Compass Technical Assistance and Capacity-Building Program Seeking Technical Assistance Providers
Today, the U.S. Department of Housing and Urban Development (HUD) is announcing the availability of at least $80,681,000 for the Community Compass TA Program and capacity-building activities for HUD’s customers. This program is focused on solving complex housing and community development challenges by equipping HUD customers with the knowledge, skills, tools, and systems to implement…
FHFA: House Price Index Down 0.1 Percent in November 2022; Up 8.2 Percent from Last Year
House prices fell 0.1 percent nationwide in November compared to October, according to the latest Federal Housing Finance Agency (FHFA) House Price Index (HPI®). House prices rose 8.2 percent from November 2021 to November 2022. The previously reported 0.0 percent price decline in October 2022 remained unchanged. For the nine census divisions, seasonally adjusted monthly house price changes from…
HUD: Rental Assistance Demontration Transaction Closed in South San Francisco, CA to Preserve 40 Affordable Rental Homes for Seniors
Transaction supports significant renovation of rental homes at multifamily property with a HUD project-based rental assistance contract. The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing announced today that it recently closed a Rental Assistance Demonstration (RAD) transaction with Bridge Housing, a non-profit housing provider, to support the preservation and renovation of…
HUD: Loan Guarantee Announced for Laredo, TX Affordable Housing Rehabilitation Project
Today, the U.S. Department of Housing and Urban Development (HUD) announced a $4.1 million loan guarantee to the City of Laredo, Texas. The loan guarantee, offered through the Section 108 Loan Guarantee Program (Section 108), will be used to finance the Southern Hotel Affordable Housing Rehabilitation Project. The project will rehabilitate an existing historical building…
HUD and Census Bureau: New Residential Sales Report for December 2022 Released
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 December 2022: New Home SalesSales of new single‐family houses in December 2022 were at a seasonally adjusted annual rate of 616,000, according to estimates released jointly by the U.S. Census Bureau and…
HUD: Expanded Support Proposed for Housing Counseling Services Tailored to the Needs of Tribal Communities
Proposed rule seeks to expand Tribal participation in HUD-approved housing counseling by removing unique impediments to counselor certification. The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling is announcing today that it published a proposed rule in the Federal Register outlining housing counselor certification requirements for housing counseling conducted in connection with the Indian Housing…
HUD: Over 100,000 Families & Individuals Housed through “House America” Homelessness Initiative
Milestone surpasses goal set by HUD Secretary Marcia L. Fudge and achieved by organizing leaders from 105 communities across 31 states and territories and the District of Columbia U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge today announced that states, municipalities, and tribes who joined House America have housed more than…
HUD: $5.5 Million in Funding Opportunity Announced for Hispanic Serving Institutions
The U.S. Department of Housing and Urban Development (HUD) announced that it will make available $5.5 million for Hispanic Serving Institutions (HSIs) to establish research Centers of Excellence (COEs) to conduct housing and community development research. This funding opportunity will help strengthen capacity and invest in innovative and actionable research to address issues regarding housing, economic development,…
HUD: New “Affirmatively Furthering Fair Housing” Rule Proposed to Root Out Longstanding Inequities in Housing and Foster Inclusive Communities
Rule expands upon HUD’s previous policy, implementing opportunities for transparency and accountability while bolstering economic equity for American families The U.S. Department of Housing and Urban Development (HUD) will imminently publish a Notice of Proposed Rulemaking in the Federal Register to fulfill the promise of the 1968 Fair Housing Act. The proposed rule aims to remedy the…
HUD: $568 Million Announced to Address Lead-Based Paint & Additional Housing-Related Hazards
In total, HUD has made more than $2.7 billion available to invest in healthy homes Today, the U.S. Department of Housing and Urban Development (HUD) announced two historic Notices of Funding Opportunities (NOFOs) that will make homes healthier and safer for low-income families. With this investment, since 1993, HUD has made more than $2.7 billion…