HUD: More Than $6.5 Million Invested to Modernize Rental Homes for Families in Wisconsin, Maryland, and New Hampshire
Newly closed Green and Resilient Retrofit Program transactions will fund crucial repairs and energy efficiency and climate resilience improvements. Today, the U.S. Department of Housing and Urban Development (HUD) announced the recent closing of three Green and Resilient Retrofit Program (GRRP) transactions to help finance energy efficiency and climate resilience improvements for affordable rental homes…
FHFA: Fannie Mae and Freddie Mac Expand Support for Rental Housing
The Federal Housing Finance Agency announced higher caps for 2025 that allow the Enterprises to purchase up to $146 billion in multifamily loans and will continue to exempt workforce housing from the limit The Federal Housing Finance Agency (FHFA) will allow greater rental housing support from Fannie Mae and Freddie Mac (the Enterprises) by raising…
HUD: $231,000 Invested to Install Solar on Rental Homes for Calais, ME Seniors
Newly closed Green and Resilient Retrofit Program transaction will fund installation of rooftop solar system. Today, the U.S. Department of Housing and Urban Development’s (HUD) announced the closing of a $231,623 Green and Resilient Retrofit Program (GRRP) transaction to help finance energy efficiency and climate resilience improvements for affordable rental homes at the St. Croix…
HUD: $750,000 Invested to Modernize Rental Homes for Waldorf, MD Families
Newly closed Green and Resilient Retrofit Program transaction will fund crucial repairs and energy efficiency and climate resilience improvements. Today, the U.S. Department of Housing and Urban Development’s (HUD) announced the closing of a $750,000 transaction to help finance energy efficiency and climate resilience improvements for affordable rental homes in Waldorf, MD, home to 204…
HUD: Agency Hosts “Next Generation of Housing Policy” Roundtable
On October 7 and 8th, HUD Acting Secretary Adrianne Todman hosted a “Next Generation of Housing Policy” roundtable to identify bold new actions, ideas, and policies to broaden HUD’s impact, boost the supply of housing, and lower housing costs. HUD invited leading scholars, who represent a diversity of perspectives, geographies and disciplines, to leverage their…
HUD: $48 Million Announced to Expand Access to Housing Counseling to Assist Renters and Homeowners
Funding for more than 160 housing counseling organizations will advance the agency’s goal to provide expert advice and provide pathways to homeownership Today, the U.S. Department of Housing and Urban Development (HUD) is announcing $48 million to increase access to housing counseling services and strengthen the nation’s housing counseling workforce. Acting Secretary Adrianne Todman made…
HUD: Additional Funding Announced to Support Residents During Ongoing Unit Repairs
HUD and the Biden-Harris Administration also announce efforts to reduce barriers to solar energy for lower income Americans Today, the U.S. Department of Housing and Urban Development (HUD) is announcing that the New York City Housing Authority (NYCHA) is receiving additional funding –over $37 million in Tenant Protection Vouchers in an effort to maintain a…
Census Bureau: Nearly Half of Renter Households Are Cost-Burdened, Proportions Differ by Race
Over 21 million renter households spent more than 30% of their income on housing costs in 2023, representing nearly half (49.7%) of the 42.5 million renter households in the United States for whom rent burden is calculated. Although the median ratio of income-to-housing costs for renters remained unchanged from 2022 at 31%, there are differences in the…
CFPB: Report Highlights Consumer Protection Issues in Medical and Rental Debt Collection
Debt collectors are pursuing consumers using illegal tactics for debts they do not owe The Consumer Financial Protection Bureau (CFPB) today issued its annual report on debt collection, which highlights aggressive and illegal practices in the collection of medical debt and rental debt. The report discusses how problems with real estate companies’ “revenue management software” can result…
HUD: $773 Million Invested to Benefit Renters Across the Country
Two Years After Signage of President Biden’s Inflation Reduction Act, HUD is Creating More Affordable, Energy Efficient and Climate Resilient Homes for Renters. Today, the U.S. Department of Housing and Urban Development (HUD) is commemorating the two-year anniversary of President Biden’s Inflation Reduction Act, the largest investment in clean energy and climate action ever, which…
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