HUD: $25 Million in Funding Announced for Public Housing Authorities to Help Families Get Access to Better Housing and Schools
Public Housing Authorities are encouraged to apply for funding Today, the U.S. Department of Housing and Urban Development (HUD) announced that it will make available $25 million to public housing authorities (PHAs) for HUD’s Housing Choice Voucher (HCV) Mobility Services. Through this program, PHAs will help an estimated 6,000 voucher families with children get a…
HUD: PAVE Task Force Announces New Actions to Address Appraisal Bias
Today, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE), co-chaired by U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge and White House Domestic Policy Advisor Neera Tanden, announced a set of meaningful actions to deliver on the PAVE Action Plan and ensure that every American who buys a…
HUD: National Healthy Homes Month Kicks Off
Theme of Connecting home, health, and You highlights how fixing hazards in homes improves residents’ health while improving access to safe, affordable healthy housing across the nation. Today, the U.S. Department of Housing and Urban Development (HUD) kicks off activities for this year’s National Healthy Homes Month (NHHM), an annual campaign highlighting the direct link…
HUD: Agency Commemorates National Homeownership Month with Launch of Housing Counseling Awareness Campaign
Secretary Fudge announces June 10 House Party 2.0: “Make Home the Goal” on the National Mall “Let’s Make Home the Goal” campaign highlights the benefits of housing counseling and supports efforts to close the racial homeownership gap As declared by President Biden’s Presidential Proclamation, the month of June is commemorated as National Homeownership Month. The U.S….
HUD: FHA Proposes Innovative Approach to Keep Struggling Homeowners in their Homes
In consideration of steeply increased interest rates, FHA seeks input on new approach to help its borrowers Today, the Federal Housing Administration (FHA) posted for feedback a proposal for a new home retention option to help struggling homeowners meet their mortgage obligations. The new option, called the Payment Supplement Partial Claim, would allow mortgage servicers to use…
HUD: $688,000 in Funding Provided for Public Housing Authorities to Help Youth Aging Out of Foster Care
Funding Deployed During National Foster Care Month 2023 Today, as the country marks National Foster Care Month, the U.S. Department of Housing and Urban Development (HUD) announced that it will make available $688 thousand to 12 public housing authorities (PHAs) in 9 states, including California, Oregon, Texas, West Virginia, and Wisconsin. These PHAs will receive…
HUD and Census Bureau: New Residential Sales Report for April 2023 Released
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 April 2023: New Home SalesSales of new single‐family houses in April 2023 were at a seasonally adjusted annual rate of 683,000, according to estimates released jointly today by the U.S. Census Bureau…
HUD: $95.5 Million Awarded for Affordable Housing and Community Development Activities in Native American Communities
Funds support development and operation of low-income housing The U.S. Department of Housing and Urban Development (HUD) today awarded $95 million to 55 communities through the Indian Community Development Block Grant (ICDBG) Program. Grant funds may be used for infrastructure, community facilities, housing rehabilitation, economic development, and more to support Native American and Alaskan Native…
HUD: FHA Finalizes Policies to Expedite Claims Processing for Home Equity Conversion Mortgages
New policies are expected to shorten the timeframe for mortgagees to receive Home Equity Conversion Mortgage assignment funds. Today, the Federal Housing Administration (FHA) is announcing new policies that will allow for faster payment of funds to mortgagees when they assign a Home Equity Conversion Mortgage (HECM), also known as a reverse mortgage, to HUD. The changes…
HUD: New Details Announced for 2023 Innovative Housing Showcase
General public invited to visit the Showcase on the National Mall June 9 – 11 U.S. Department of Housing and Urban Development (HUD) and National Association of Home Builders (NAHB) today announced new details regarding the Innovative Housing Showcase, including the first round of exhibitors. The Showcase will be an open-to-the-public event on the National…