HUD: More than $130 Million Awarded to Provide Affordable Housing to People with Disabilities
The U.S. Department of Housing and Urban Development (HUD) today awarded $131.3 million to 325 local public housing authorities across the country to provide affordable housing to approximately 15,363 additional non-elderly persons with disabilities. Secretary Ben Carson made the national announcement during a visit to Detroit, Michigan. The Detroit Housing Commission received $597,629 to serve…
HUD and Census Bureau: Residential Construction Activity Report for October 2019
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for October 2019. Building Permits Privately owned housing units authorized by building permits in October were at a seasonally adjusted annual rate of 1,461,000. This is 5.0 percent (±1.7 percent) above the revised…
HUD: Trump Administration Announces Continued Decline in Veteran Homelessness
Since last year, 793 more veterans now have a roof over their heads During a press conference today at Harbor Homes in Manchester, New Hampshire, U.S. Housing and Urban Development (HUD) Secretary Ben Carson announced veteran homelessness in the U.S. continues to decline according to a new national estimate. HUD’s Annual Homeless Assessment Report indicates…
HUD: Justice Department and HUD Sign Interagency Memorandum on the Application of the False Claims Act
Agreement Fulfills Key component of HUD Housing Finance Reform Plan U.S. Housing and Urban Development Secretary Ben Carson and U.S. Attorney General William Barr today issued a Memorandum of Understanding (MOU) between the two agencies that sets prudential guidance on the appropriate use of the False Claims Act (FCA) for violations by Federal Housing Administration…
FHFA: New Strategic Plan and Scorecard Released for Fannie Mae and Freddie Mac
The Federal Housing Finance Agency (FHFA) today released a new Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac and a new 2020 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions. The Strategic Plan provides a framework for how FHFA will guide Fannie Mae and Freddie Mac (the Enterprises) to fulfill…
HUD and Census Bureau: New Residential Sales Report for September 2019
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 September 2019: New Home Sales Sales of new single-family houses in September 2019 were at a seasonally adjusted annual rate of 701,000. This is 0.7 percent (±16.1 percent)* below the revised August…
FHFA: House Price Index Up 0.2 Percent in August; Up 4.6 Percent from Last Year
U.S. house prices rose in August, up 0.2 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 4.6 percent from August 2018 to August 2019. The previously reported 0.4 percent increase for July 2019 remains unchanged. For the nine census divisions, seasonally adjusted monthly house price changes from…
HUD: $112 Million Offered to Expand Affordable Housing Opportunities for Low-Income Persons with Disabilities
Available funding includes $75 million in capital to produce new housing The U.S. Department of Housing and Urban Development (HUD) announced today that there is a combined $112 million available to expand the supply of permanent affordable housing for very low-income persons with disabilities. Funding is available for the two components of the Section 811…
HUD: Nearly $43 Million in Housing Counseling Grants Awarded
Funding intended to help families find and keep their homes The U.S. Department of Housing and Urban Development (HUD) today awarded $42.8 million in housing counseling grants to help approximately one million Americans make more informed housing choices, keep their current homes, or receive assistance to help them avoid foreclosure. Nearly half of the state…
HUD: $1.2 Million Awarded to Help Families Reach Self-Sufficiency
Federal funding to support education and employment among HUD-assisted families In a continuing effort to help get public housing residents on the road to self-sufficiency, U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded an additional $1.2 million to new participating public housing authorities across the country. This funding will build on the $74…