FHFA: First Meeting of Advisory Committee on Affordable, Equitable, and Sustainable Housing Scheduled for September 10-11, 2024
Today, the Federal Housing Finance Agency (FHFA) announced the first meeting of the Advisory Committee on Affordable, Equitable, and Sustainable Housing (ACAESH). The ACAESH meeting will be held in person September 10-11, 2024, at FHFA’s headquarters in Washington, D.C., with video and audio coverage available. “The Committee’s wide-ranging expertise will help FHFA continue to fulfill…
HUD: Disaster Aid Offered to Florida Storm Victims
Federal aid supports state, tribal and local recovery for August 2024 Hurricane Debby The U.S. Department of Housing and Urban Development (HUD) announced the implementation of federal disaster assistance for the state of Florida and ordered Federal aid to supplement State, tribal, and local recovery efforts in the areas affected by Hurricane Debby beginning on…
HUD: $350 Million Announced for Communities to Build More Affordable Homes and Lower Housing Costs
HUD announces $100 million in new PRO Housing funding to cut red tape to housing production, and launches $250 million challenge for transformative housing investments The U.S. Department of Housing and Urban Development (HUD) today announced the availability of $100 million in competitive grant funding to cut red tape, build more homes, and lower the costs of…
HUD: Local Housing Programs Enhanced to Build More Affordable Homes
New update to HUD financing program for state and local housing finance agencies will support the construction of new, affordable homes for American families The U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury today announced new actions to provide more interest rate certainty for state and local Housing Finance Agencies (HFAs)…
Joint Rulemaking Issued on Financial Data Transparency Act Data Standards
Today, the Federal Housing Finance Agency (FHFA) joined eight other agencies to announce that it is seeking comment on a proposed rule to establish data standards for certain information collected by financial regulatory agencies. FHFA joins the Office of the Comptroller of the Currency, the Federal Reserve System, the Federal Deposit Insurance Corporation, the National…
CFPB: Consumer Advisory Issued to Help People Facing Housing Problems Because of a Contract for Deed
Like all home purchases, a contract for deed involves a contract between a buyer and a seller. Even if the contract goes by a different name, like “bond for deed,” “land installment contract,” or “buying on contract,” the idea is the same: a purchase made on an installment plan rather than through a traditional mortgage…
SBA: Department of Veterans Affairs and SBA Join Forces to Promote Veteran Entrepreneurship
New Agreement Formalizes Collaboration on Nationwide Trainings On August 12, 2024, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, announced the signing of a memorandum of understanding (MOU) between the SBA’s Office of Veterans Business Development (OVBD) and the…
FEMA: President Biden Approves Major Disaster Declaration for Florida
FEMA announced that federal disaster assistance is available to the state of Florida to supplement recovery efforts in the areas affected by Hurricane Debby from Aug. 1, 2024, and continuing. The President’s action makes federal funding available to affected individuals in Columbia, Dixie, Gilchrist, Hamilton, Lafayette, Levy, Manatee, Sarasota, Suwannee and Taylor counties. Assistance can include…
HUD: New Actions Announced to Support Hawaii Homeowners Seeking to Rebuild After Wildfires
Extended flexibility for borrowers through the Federal Housing Administration now allows more time to finance single family home reconstruction in Maui County, HI. Today, on the one-year anniversary of the tragic Maui wildfires, the U.S. Department of Housing and Urban Development (HUD), through its Federal Housing Administration (FHA), announced new actions to support borrowers in…
HUD: New HUD Policy Changes Expand Access to Housing for Veterans
Changes will enable veterans with service-connected disability benefits access more housing opportunities Today, the U.S. Department of Housing and Urban Development (HUD) announced a new set of policy changes that will help more veterans receive assistance under the HUD-Department of Veteran Affairs (VA) Supportive Housing (HUD-VASH) program, and improve their access to supportive housing developments. Veterans experiencing homelessness often receive…