HUD: Advance Notice Drastically Cut to 14 Days for Inspections of Public Housing and Privately Owned Apartment Buildings
14-day advance notice designed to encourage year-round maintenance The U.S. Department of Housing and Urban Development (HUD) today announced it is dramatically reducing the advance notice it provides to public housing authorities (PHAs) and private owners of HUD-subsidized apartment developments before their housing is inspected to ensure it is decent, safe and healthy. HUD’s new…
HUD: $10 Million in “Sweat Equity” Grants Announced
SHOP grants enable homeownership opportunities for 539 families The U.S. Department of Housing and Urban Development (HUD) today awarded $10 million in “sweat equity” grants to support four non-profit, self-help housing organizations that enable homeownership opportunities for hard-working, low-income families and individuals. Funded through HUD’s Self-Help Homeownership Opportunity Program (SHOP), the grants awarded today, along with…
HUD: $74 Million Awarded to Help Families Reach Self-Sufficiency
Federal funding to support education and employment among HUD-assisted families U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $74 million to hundreds of public housing authorities across the country to continue helping public housing residents participating in the Housing Choice Voucher Program and/or reside in public housing to increase their earned income…
HUD: Disaster Assistance and Foreclosure Prevention Announced for Alaska Earthquake Victims
Foreclosure protection offered to displaced families The U.S. Department of Housing and Urban Development (HUD) today announced it will speed federal disaster assistance to the State of Alaska and provide support to homeowners and low-income renters forced from their homes in areas affected by earthquake. On January 31st, President Trump issued a major disaster declaration…
HUD: Over $2 Billion Awarded to Help End Homelessness
Federal grants to help thousands of homeless assistance programs nationwide The U.S. Department of Housing and Urban Development today awarded $202 million in FY18 Continuum of Care (CoC) Program grants to support new homeless programs across the country, including nearly $50 million to projects dedicated to assisting survivors of domestic violence, dating violence, and stalking….
HUD: 2018 Year in Review Highlighting Accomplishments Released
Today, the U.S. Department of Housing and Urban Development (HUD) released its 2018 Year in Review outlining the major accomplishments of the agency under Secretary Ben Carson. “Over the past year, the Trump Administration has continued to deliver on its promise to create greater economic opportunity for low-income families and encourage reinvestment in underserved communities,”…
HUD: Secretary Carson Announces Agreement to Address Longstanding Issues at New York City Housing Authority
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced an agreement with the City of New York and the New York City Housing Authority (NYCHA) to provide a new roadmap forward for NYCHA that will address the longstanding issues at the housing authority’s properties. Read the agreement. “The families who have endured unimaginably…
HUD and Census Bureau: New Residential Sales Report for November 2018
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 November 2018: New Home Sales Sales of new single-family houses in November 2018 were at a seasonally adjusted annual rate of 657,000. This is 16.9 percent (±19.9 percent)* above the revised October…
HUD: Funding Renewed to Thousands of Local Homeless Programs
$2 billion to renew existing grants to 5,800 community-based housing and service providers The U.S. Department of Housing and Urban Development (HUD) today awarded approximately $2 billion to renew support to thousands of local homeless assistance programs across the nation. HUD’s Continuum of Care grants will provide critically needed support to 5,800 local programs on…
HUD: FHA Calls on Lenders to Assist Federal Workers and Contractors Impacted by the Federal Government Shutdown
The Federal Housing Administration (FHA) today called on all approved mortgagees and lenders to be sensitive to the financial hardships experienced by borrowers as a result of the shutdown, including those borrowers subject to furlough, layoff, or a reduction in income related to the shutdown. Read FHA Commissioner Brian Montgomery’s letter to lenders and approved…