FHFA: Data Visualization Dashboard Released for Enterprises’ Multifamily Mortgage Acquisitions
The Federal Housing Finance Agency (FHFA) released an interactive tool for tracking data on multifamily mortgages that enables users to review details about loans and properties at both the state and national levels. The tool, known as a data visualization dashboard, provides a more accessible way to view and understand data on multifamily mortgages. It…
Census Bureau: Nearly Half of Renter Households Are Cost-Burdened, Proportions Differ by Race
Over 21 million renter households spent more than 30% of their income on housing costs in 2023, representing nearly half (49.7%) of the 42.5 million renter households in the United States for whom rent burden is calculated. Although the median ratio of income-to-housing costs for renters remained unchanged from 2022 at 31%, there are differences in the…
HUD: 30th Anniversary of the Violence Against Women Act Commemorated
Five federal agencies affirm continued commitment to implement housing provisions under the Violence Against Women Act To commemorate the 30th anniversary of the Violence Against Women Act (VAWA), the U.S. Department of Housing and Urban Development today joined four federal agencies—the U.S. Department of Agriculture, U.S. Department of Justice, the U.S. Department of Treasury, and the…
HUD: Regulations Updated to Lower Housing Costs and Build Safe and Affordable Manufactured Homes
HUD marks 50 years of the Manufactured Home Construction and Safety Standards, while announcing the most extensive updates in more than three decades to modernize manufactured home features, increase consumer demand, and expand America’s affordable housing supply. The U.S. Department of Housing and Urban Development (HUD) announced today the most extensive update to the Manufactured Home Construction…
HUD: $10 Million Awarded to Protect and Empower Low-Income Tenants
Funds will provide resources to support tenant organizations across the country. Today, the U.S. Department of Housing and Urban Development (HUD) awarded $10 million in grants to expand tenant education opportunities and resources for low-income residents of homes supported by the Section 8 Project-Based Rental Assistance (PBRA) program. This funding will support capacity building efforts that…
HUD: More Than $6 Million Announced to Revitalize Communities with Distressed HUD-Assisted Housing
Choice Neighborhood Planning Grants will kickstart community-driven transformation plans that will benefit residents and local economies Today, the U.S. Department of Housing and Urban Development (HUD) announced $6.5 million in Choice Neighborhoods Planning Grants for 13 communities in 11 states across America to redevelop severely distressed public housing or HUD-assisted housing, improve outcomes for residents,…
HUD: More Than $5 Million in New Investments Announced for Camden, NJ
New awards will support climate resilience and energy efficiency renovations. On Monday, September 9, 2024, U.S. Department of Housing and Urban Development (HUD) Acting Secretary Adrianne Todman traveled to Camden, New Jersey, to announce a $5,640,000 grant to Northgate II, a 402-unit affordable housing development in North Camden, to support significant energy efficiency and climate…
FHFA: Mortgage Loan and Natural Disaster Dashboard Released
Agency unveils online tool using existing information to estimate county-level damages and mortgage loan concentrations in disaster-prone areas, and to identify U.S. communities most vulnerable to natural hazards. The Federal Housing Finance Agency (FHFA) released an online risk analysis tool that provides geographic estimates for physical risks from various types of natural disasters as well…
HUD: More Than $1 Million Announced to Reduce Radon Exposure in Connecticut and Ohio Public Housing
HUD Announces More than $1 Million to Reduce Radon Exposure in Connecticut and Ohio Public Housing New funds will improve the safety of almost 1,700 families and prevent toxic exposures that could lead to cancer WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced more than $1.1 million to two public housing…
HUD: $69 Million in New Investments Announced
New awards will support climate resilience and energy efficiency renovations. The U.S. Department of Housing and Urban Development (HUD) today announced $69.1 million in awards to properties across 10 states under its Green and Resilient Retrofit Program (GRRP) to support significant energy efficiency and climate resilience renovations in almost 2,000 homes. These Leading Edge grants and loans will increase…