HUD: Funding Renewed for Thousands of Local Homeless Programs
$2.5 billion to renew existing grants for more than 6,500 community-based housing and service providers The U.S. Department of Housing and Urban Development (HUD) today awarded $2.5 billion to renew support to thousands of local homeless assistance programs across the nation. HUD’s Continuum of Care (CoC) grants will provide critically needed support to 6,597 local…
HUD and Census Bureau: New Residential Sales Report for December 2020
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 December 2020: New Home Sales Sales of new single-family houses in December 2020 were at a seasonally adjusted annual rate of 842,000. This is 1.6 percent (±15.8 percent)* above the revised November…
HUD: First Week Swift Actions to Support Homeowners and Tackle Nation’s Housing Crisis
In the first week of the Biden Administration, the Department of Housing and Urban Development (HUD) took swift action to address immediate housing needs during the COVID-19 pandemic while laying the groundwork to address the nation’s larger, systemic housing challenges and restore sound management to the department. “HUD and the new administration are quickly addressing…
HUD: FHA Provides Borrowers Struggling to Keep Their Homes Additional Time to Seek Forebearance
Extension of forbearance request deadline supports Biden Administration Day One actions to provide economic relief to those suffering financially due to COVID-19 Today, the Federal Housing Administration (FHA) announced that it will execute the Biden Administration’s request to extend the deadline for borrowers with FHA-insured mortgages who are struggling financially due to COVID-19 to request and receive…
HUD: Acting Secretary Announces Extension of Eviction and Foreclosure Moratoriums through March 31, 2021
Agency actions extend eviction and foreclosure moratoriums on federally-backed single family mortgages through March 31, 2021 to provide urgent economic relief to homeowners impacted by COVID-19 Acting U.S. Housing and Urban Development (HUD) Secretary Matthew E. Ammon today announced that the Department has implemented President Biden’s requests to immediately extend eviction and foreclosure moratoriums on…
HUD: Biden Administration Authorizes Extension of FHA Single Family Foreclosure and Eviction Moratorium through March 31, 2021
One of the first Administration actions provides meaningful support to homeowners struggling financially as a result of the COVID-19 pandemic Yesterday, the Biden Administration requested the U.S. Department of Housing and Urban Development and other Federal Agencies to extend its foreclosure and eviction moratorium for single family mortgages insured by the Federal Housing Administration (FHA) or guaranteed…
HUD: $4.4 Million Awarded for Carbon Monoxide Detectors in Public Housing
U.S. Housing and Urban Development (HUD) Secretary, Ben Carson today awarded an additional $4.4 million under the Capital Fund Emergency Safety and Security Program to 58 public housing agencies (PHA) for the purchase and installation of carbon monoxide (CO) detectors in public housing units where they are necessary. This is in addition to the $5…
HUD: Proposed Rule Issued for Implementation of National Standards for the Physical Inspection of Real Estate (NSPIRE)
Today the U.S. Department of Housing and Urban Development (HUD) issued a proposed rule for the National Standards for the Physical Inspection of Real Estate (NSPIRE). This new approach incorporates extensive stakeholder input to redesign the methods HUD uses to ensure properties are in a safe, decent, and sanitary condition. Since taking office, Secretary Carson…
HUD: Final Rule Published to Expand Availability of Affordable Manufactured Housing
Key step finalized today updates Manufactured Housing Construction and Safety Standards to eliminate decades-old regulatory barriers while protecting safety The U.S. Department of Housing and Urban Development published a final rule on January 12, 2021 in the Federal Register which revises the federal Manufactured Home Construction and Safety Standards Act of 1974. The final rule represents the…
HUD: Thirty Public Housing Agencies Join Expansion of the Moving to Work Demonstration Program
HUD Invites Agencies to Apply to The MTW Demonstration Program to Study Work Requirements And Landlord Incentives Today, HUD announced the first thirty public housing agencies to join a small group of innovative agencies as part of the Moving to Work (MTW) demonstration program. Additionally, HUD is also inviting agencies interested in participating in this…