HUD: Nearly $43 Million in Housing Counseling Grants Awarded
Funding intended to help families find and keep their homes The U.S. Department of Housing and Urban Development (HUD) today awarded $42.8 million in housing counseling grants to help approximately one million Americans make more informed housing choices, keep their current homes, or receive assistance to help them avoid foreclosure. Nearly half of the state…
HUD: White House Opportunity and Revitalization Council Introduces opportunity zones.gov
New website will serve as comprehensive tool for the Opportunity Zones initiative Today, Secretary Ben Carson, on behalf of the White House Opportunity and Revitalization Council, announced a new website that will serve as a hub of information for the array of audiences that work with the Opportunity Zones initiative. Visit the Opportunity Zones website. Opportunity…
HUD: FHA Promotes Development of Hospital and Health Care Facilities in Opportunity Zones
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced the Federal Housing Administration (FHA) will offer several incentives to encourage greater development of hospitals and health care facilities located in Opportunity Zones. In a speech in Miami, Secretary Carson said FHA can be a key partner for developers looking to invest in Opportunity…
HUD: $1.2 Million Awarded to Help Families Reach Self-Sufficiency
Federal funding to support education and employment among HUD-assisted families In a continuing effort to help get public housing residents on the road to self-sufficiency, U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded an additional $1.2 million to new participating public housing authorities across the country. This funding will build on the $74…
HUD: $2.9 Million Awarded to 25 Tribes to Provide Housing for Native American Veterans Experiencing Homelessness
Tribal HUD-VASH to assist Native American Veterans The U.S. Department of Housing and Urban Development (HUD) today renewed $2.9 million in grants to 25 Tribes and tribally designated housing entities (TDHEs) that provide housing and supportive services to Native American Veterans who are experiencing or at risk of experiencing homelessness. The Tribal HUD-Veterans Affairs Supportive Housing…
HUD: $1 Million Awarded to Improve the Main Streets in Two Communities
Batesville, Arkansas and Thomas, Oklahoma to receive $500,000 grants to expand redevelopment efforts The U.S. Department of Housing and Urban Development (HUD) today is awarding $1 million to help build affordable housing in Arkansas and Oklahoma. The City of Batesville in Arkansas will receive a $500,000 grant to redevelop The Adler Building and the City…
HUD: Choice Neighborhood Planning Grants Awarded
Communities in Alabama, Nebraska, Georgia and New Jersey awarded planning grants Expanding on its commitment to help local communities redevelop severely distressed HUD assisted housing and revitalize neighborhoods, the U.S. Department of Housing and Urban Development (HUD) today awarded more than $5 million to four communities. Funded through HUD’s Choice Neighborhoods program, these grants will…
HUD and Census Bureau: Residential Construction Activity Report for August 2019
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for August 2019. Building Permits Privately owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 1,419,000. This is 7.7 percent (±1.2 percent) above the revised…
CFPB: Policies Issued to Facilitate Compliance and Promote Innovation
First No-Action Letter Issued to HUD Housing Counseling Agencies The Consumer Financial Protection Bureau (Bureau) today issued three new policies to promote innovation and facilitate compliance: the No-Action Letter (NAL) Policy, Trial Disclosure Program (TDP) Policy, and Compliance Assistance Sandbox (CAS) Policy. The Bureau proposed the policies in 2018 and received public comments on each…
HUD: Agency Submits Housing Reform Plan to the President
Today, the Department of Housing and Urban Development (HUD) presented President Donald Trump with a plan for reforming the Nation’s housing finance system. Read HUD’s housing finance reform plan. On March 27, 2019, President Trump issued a Memorandum on Federal Housing Finance Reform, directing HUD and the Department of Treasury to craft the housing finance reform…