HUD: $26 Million Awarded to Address the HIV Epidemic through Housing
Funding empowers communities to develop and execute new projects, positioning housing as a key strategy to combat the HIV epidemic. Today, the U.S. Department of Housing and Urban Development (HUD) awarded $26 million in Housing Interventions to End the HIV Epidemic program funding. This funding will go to 11 communities across the nation. Grantees receive…
CDFI Fund: Public Comment Sought on the CMF Performance Report
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is soliciting public comment on changes to the Capital Magnet Fund (CMF) Performance Report. The CDFI Fund’s CMF Application and Performance Report Paperwork Reduction Act (PRA) approval will expire in July 2024. Although the PRA approval for the forms in the CMF…
Census Bureau: 2022 County Business Patterns Data Now Available
The U.S. Census Bureau today released the 2022 County Business Patterns (CBP). This annual series of statistics provides subnational economic data by industry. The number of establishments, employment during the week of March 12, first quarter payroll and annual payroll are provided for nearly 1,000 industries, as defined by the 2017 North American Industry Classification System…
HUD: The Federal Housing Administration Celebrates 90 Years of Making Homeownership Possible for American Families
June 27, 2024, marks the 90th anniversary of the creation of the Federal Housing Administration under the National Housing Act Today, the Federal Housing Administration (FHA) is recognizing the 90th anniversary of its creation under the National Housing Act of 1934, which was signed by President Franklin Delano Roosevelt. HUD celebrated today’s anniversary with an event…
FHFA: Inaugural Members Announced for the Federal Advisory Committee on Affordable, Equitable, and Sustainable Housing
Diverse 20-member committee will advise Director on housing needs and housing finance policies The Federal Housing Finance Agency (FHFA) today announced the inaugural members of its Advisory Committee on Affordable, Equitable, and Sustainable Housing. The Committee will provide non-binding advice to FHFA on how its regulated entities (Fannie Mae, Freddie Mac, and the Federal Home…
HUD and Census Bureau: New Residential Sales Report for May 2024 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 May 2024: New Home SalesSales of new single‐family houses in May 2024 were at a seasonally adjusted annual rate of 619,000, according to estimates released jointly today by the U.S. Census Bureau…
HUD: Nearly $85 Million Invested to Take Additional Steps to Increase Housing Supply and Lower Housing Costs Across the Country
Vice President Harris and Acting Secretary Todman announced funding for communities to eliminate barriers to building housing, production and launch innovative strategies to address local housing needs. Today, Vice President Kamala Harris and HUD Acting Secretary Adrianne Todman announced that the Biden-Harris Administration is awarding $85 million in grant funding for the Pathways to Removing…
OCC: Mortgage Performance Report for First Quarter 2024 Released
The Office of the Comptroller of the Currency (OCC) reported on the performance of first-lien mortgages in the federal banking system during the first quarter of 2024. The OCC Mortgage Metrics Report, First Quarter 2024 showed that 97.4 percent of mortgages included in the report were current and performing at the end of the quarter, an increase…
FEMA: President Biden Approves Major Disaster Declaration for Iowa
FEMA announced that federal disaster assistance is available to the state of Iowa to supplement recovery efforts in the areas affected by severe storms, flooding, straight-line winds and tornadoes beginning June 16, 2024, and continuing. The President’s action makes federal funding available to affected individuals in Clay, Emmet, Lyon, Plymouth and Sioux counties. Assistance can…
HUD: More Than $142 Million Announced for Climate Resilience and Energy Efficiency Renovations in HUD-Supported Housing
As part of President Biden’s Investing in America Agenda, HUD announces new awards under the Green and Resilient Retrofit Program to combat the climate crisis, advance environmental justice, and modernize affordable housing The U.S. Department of Housing and Urban Development (HUD) today announced more than $142 million in new grant and loan awards under its Green…