HUD: New Rule Issued to Revitalize Housing Voucher Program
This Rule increases efficiency and creates opportunities for housing providers to preserve and grow the supply of affordable housing. Today, the U.S. Department of Housing and Urban Development (HUD) announced the publication of a new rule implementing portions of the Housing Opportunity Through Modernization Act of 2016 (HOTMA). Principal Deputy Assistant Secretary for Public and Indian Housing…
HUD: $5.5 Billion in Grants Announced for Affordable Housing, Community Development and Homeless Assistance to Drive Economic Growth
Funding empowers 1,200 communities: addressing urgent local needs, boosting economic growth, enhancing community resilience, creating jobs, and advancing housing solutions. The U.S. Department of Housing and Urban Development (HUD) today announced $5.5 billion in funding that will go to 1,200 communities through more than 2,400 grants to States, urban counties, insular areas, DC, Puerto Rico, and localities…
HUD: Additional Relief Extended to Borrowers in Maui, HI
Federal Housing Administration to extend foreclosure moratorium through August 4, 2024, to help homeowners impacted by 2023 wildfires. Today, the U.S. Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), announced it is extending its foreclosure moratorium for borrowers with FHA-insured mortgages in Maui County, HI, through August 4, 2024. FHA is taking…
HUD: New Critical Investments Announced for the Nation’s Public Housing
The Public Housing Repair fund will allow housing authorities to modernize or develop public housing for individuals, families, and seniors. Today, the U.S. Department of Housing and Urban Development (HUD) awarded $3.17 billion in Public Housing Repair funding to 2,756 public housing authorities (PHAs) in all 50 states as well as the District of Columbia,…
HUD: First Deal Delivered to Promote Energy Efficiency and Climate Resiliency for Massachusetts Families
Transaction enhances green features of renovation project in Quincy, Massachusetts. Today, the U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs, announced it completed a $750,000 grant transaction under the Green and Resilient Retrofit Program (GRRP) with Wollaston Lutheran Church. Grant funds will be used to finance energy efficiency and climate…
HUD: Disaster Assistance Announced for Oklahoma Survivors
The U.S. Department of Housing and Urban Development (HUD) announced the implementation of federal disaster assistance for Oklahoma and ordered Federal assistance to State, tribal, and local recovery efforts in the areas affected by severe storms, straight-line winds, tornadoes, and flooding beginning on April 25, 2024, and continuing. President Biden issued a major disaster declaration in the counties…
HUD: Fair Housing Guidance Issued on Applications of Artificial Intelligence
Department recommends best practices to prevent discriminatory uses of artificial intelligence in tenant screening and advertising of housing and housing-related services Today, the U.S. Department of Housing and Urban Development (HUD) released two guidance documents addressing the application of the Fair Housing Act to two areas in which the use of artificial intelligence poses particular…
HUD: Nearly $900 Million Announced to Make Low-Income Families’ Homes Safer and Healthier
Funding supports President Biden’s plan to address residential health hazards, including lead paint, carbon monoxide, mold, radon, fire safety, and asbestos. Today, the U.S. Department of Housing and Urban Development (HUD) announced nearly $90 million available to reduce residential health hazards for low-income families, including lead-based paint hazards, carbon monoxide, mold, radon, fire safety, and asbestos,…
HUD: New Guidance Issued to Protect Borrowers from Appraisal Bias
Federal Housing Administration’s new Reconsideration of Value policy requires lenders to provide a pathway for borrowers to request reviews of home appraisal valuations. Today, the U.S. Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), announced a major new step in the Department’s work to protect borrowers from racial or ethnic…
HUD: Disaster Assistance Announced for Washington Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of Washington and ordered Federal assistance to supplement state, tribal, and local recovery efforts in the areas affected by severe winter storms, straight-line winds, flooding, landslides, and mudslides from January 5 to January 29, 2024….