FHFA: House Price Index Up 0.2 Percent in April; Up 5.5 Percent from Last Year
U.S. house prices rose in April, up 0.2 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 5.5 percent from April 2019 to April 2020. The previously reported 0.1 percent increase for March 2020 remains unchanged. For the nine census divisions, seasonally adjusted monthly house price changes from March 2020 to April…
HUD and Census Bureau: New Residental Sales Report for May 2020
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 May 2020: New Home Sales Sales of new single-family houses in May 2020 were at a seasonally adjusted annual rate of 676,000. This is 16.6 percent (±15.5 percent)* above the revised April…
HUD: More than $35 Million Awarded to 31 Local HIV/AIDS Housing Programs
Funding offers stable housing for individuals and families at risk of homelessness The U.S. Department of Housing and Urban Development (HUD) today announced more than $35.8 million to assist more than 2,856 low-income persons living with HIV/AIDS and their families over a three-year period. The funding announced today is offered through HUD’s Housing Opportunities for Persons…
HUD: Nearly $40 Million in Housing Counseling Grants Awarded
Funding will provide HUD-approved housing counseling for millions of Americans The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $40 million in housing counseling grants to help over one million individuals and families access HUD-approved housing counseling to help them avoid foreclosure and make more informed homebuying and rental choices. The grants…
HUD: Statement on Google’s Efforts to Improve Fair Lending Compliance
The U.S. Department of Housing and Urban Development (HUD) today announced that HUD has worked with Google to improve Google’s online advertising policies to better align them with requirements of the Fair Housing Act, where applicable. The Fair Housing Act is administered by HUD and prohibits discrimination in the sale, rental and financing of most…
HUD: Celebrating National Homeownership Month 2020
President Trump issues Proclamation establishing June as National Homeownership Month This week, the U.S. Department of Housing and Urban Development (HUD) marks the beginning of Homeownership Month 2020 – a time of year when HUD, the Federal Housing Administration (FHA) and others recognize the importance of homeownership and its impact upon the lives of American…
HUD: New Grants Announced for Foster Youth to Independence Program
Nine States to Receive Nearly $100,000 in Vouchers, Brining Total to Over 600 Vouchers Since Inception U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced nearly $100,000 in the most recent round of grants for HUD’s Foster Youth to Independence (FYI) Initiative. Since the initiative was launched in June of 2019,…
HUD: National Healthy Homes Month Kicks Off
This year’s theme, “Healthy Housing for All” highlights the importance of safe and healthy living in your home, no matter your address. As families continue largely to shelter in place due to the coronavirus pandemic, the observance of June as National Healthy Homes Month is timely. Sponsored by the U.S. Department of Housing and Urban…
HUD: FHA Announces Temporary Guidance for Insuring Single Family Homes in Forebearance
Temporary policy provides FHA insurance safeguards for borrowers and lenders Today, the Federal Housing Administration (FHA) announced a new, temporary policy that provides guidance for lenders to obtain FHA insurance endorsements on mortgages where the borrower has requested or obtained a COVID-19 forbearance. This policy will ensure that the safeguards of the FHA program continue to work…
HUD and Census Bureau: Findings of Rental Housing Finance Survey Released
Survey Finds Nearly Half of Rental Units are in Rental Properties with Four or Fewer Units Of the 48.2 million rental housing units, nearly 49 percent are located in rental properties of one to four units, according to the latest Rental Housing Finance Survey (RHFS) data released today by the U.S. Department of Housing and Urban Development…