HUD: $350 Million Announced for Communities to Build More Affordable Homes and Lower Housing Costs
HUD announces $100 million in new PRO Housing funding to cut red tape to housing production, and launches $250 million challenge for transformative housing investments The U.S. Department of Housing and Urban Development (HUD) today announced the availability of $100 million in competitive grant funding to cut red tape, build more homes, and lower the costs of…
HUD: Local Housing Programs Enhanced to Build More Affordable Homes
New update to HUD financing program for state and local housing finance agencies will support the construction of new, affordable homes for American families The U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury today announced new actions to provide more interest rate certainty for state and local Housing Finance Agencies (HFAs)…
HUD: New Actions Announced to Support Hawaii Homeowners Seeking to Rebuild After Wildfires
Extended flexibility for borrowers through the Federal Housing Administration now allows more time to finance single family home reconstruction in Maui County, HI. Today, on the one-year anniversary of the tragic Maui wildfires, the U.S. Department of Housing and Urban Development (HUD), through its Federal Housing Administration (FHA), announced new actions to support borrowers in…
HUD: New HUD Policy Changes Expand Access to Housing for Veterans
Changes will enable veterans with service-connected disability benefits access more housing opportunities Today, the U.S. Department of Housing and Urban Development (HUD) announced a new set of policy changes that will help more veterans receive assistance under the HUD-Department of Veteran Affairs (VA) Supportive Housing (HUD-VASH) program, and improve their access to supportive housing developments. Veterans experiencing homelessness often receive…
HUD: $6 Million Awarded to Protect Families from Home Health and Safety Hazards
Funding will be used to make private homes safer The U.S. Department of Housing and Urban Development (HUD) today awarded $6 million to two nonprofit organizations, and a city government to protect children and families from home health hazards. This is the second round of funding announced for this program in addition to the grant announcements made…
HUD: $1.5 Million Invested to Modernize Homes for Illinois Families
Two transactions in Illinois will fund electrification, climate resilience, and energy efficiency renovations in Chicago and Champaign, benefiting low-income seniors. Today, the U.S. Department of Housing and Urban Development (HUD) announced the recent completion of two transactions totaling $1.5 million to finance energy efficient and climate resilient improvements for affordable homes in Illinois under the…
HUD: 3-D Printing Showcased as an Innovative Solution for Affordable Housing Supply
At an event in Fairbanks, Alaska, HUD leaders showed how innovative technologies can help to build quality, affordable and resilient homes for all. Today, senior leaders from the U.S. Department of Housing and Urban Development (HUD) joined the University of Alaska Fairbanks to demonstrate and highlight one of the innovative ways HUD is working to…
HUD: Over $150 Million Announced for Tribal Communities for Construction of Innovative, Affordable Housing
The U.S. Department of Housing and Urban Development (HUD) today announced awards totaling $150.9 million for new affordable and innovative housing investments in Tribal communities. Principal Deputy Assistant Secretary Richard Monocchio made the announcement today in Anchorage, Alaska, where he presented $6 million to the Cook Inlet Housing Authority to build 51 new housing units…
HUD: $3.4 Million Awarded to Public Housing Authorities to Prevent Homelessness Among Vulnerable Youth Exiting Foster Care
38 Public Housing Agencies in 19 states will use funding to keep foster youth housed. Today, the U.S. Department of Housing and Urban Development (HUD) awarded $3.4 million to 38 Public Housing Agencies (PHAs) for 257 vouchers and administrative fees to provide housing assistance to young adults who left foster care or are transitioning out of…
HUD and Census Bureau: New Residential Sales Report Issued for June 2024
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for June 2024: New Home SalesSales of new single-family houses in June 2024 were at a seasonally adjusted annual rate of 617,000, according to estimates released jointly today by the U.S. Census Bureau and…