HUD: Secretary Turner Moves to Eliminate FHA Green Housing Mandate
Issues Directive to Level all Multifamily Mortgage Insurance Premium Categories to 25 Basis Points, Ending the Green and Energy Efficient Category U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner today announced the Federal Housing Administration (FHA) will propose an across-the-board leveling of its Upfront Capitalized and Annual Mortgage Insurance Premiums (MIPs) to…
HUD: Agency, Ginnie Mae, and Korea Housing Finance Corporation Sign Agreement to Advance Affordable Housing and Strategic Housing Finance Cooperation
The U.S. Department of Housing and Urban Development (HUD), Government National Mortgage Association (Ginnie Mae), and the Korea Housing Finance Corporation (KHFC) signed a memorandum of understanding (MOU) to strengthen international cooperation in housing finance. The MOU underscores a shared commitment to expanding access to affordable housing, cultivating innovation, and supporting residential development. This agreement marks…
HUD: More Than $10 Million Announced to House Families and Youth and Promote Self-Sufficiency
Funding Helps Keep Families Housed and Provides a Path to Housing Stability for Youth as part of National Foster Care Month Under the leadership of Secretary Scott Turner, the U.S. Department of Housing and Urban Development (HUD) awarded more than $10 million in Family Unification Program (FUP) voucher assistance funding for youth and families who…
HUD: Secretary Turner and DOI Secretary Burgum Visit Underutilized Federal Land for Affordable Housing Development in Southern Nevada
U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner and U.S. Department of Interior (DOI) Secretary Doug Burgum visited Southern Nevada to further the discussion about increasing affordable housing opportunities through development of underutilized federal land. Secretary Turner and Secretary Burgum were welcomed by Nevada Governor Joe Lombardo and Representative Mark Amodei (R-N.V.)….
HUD: More Than $1.1 Billion Announced for Affordable Housing in Tribal Communities
Today, U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced more than $1.1 billion in Indian Housing Block Grant (IHBG) funding for eligible Native American Tribes, Alaska Native Villages, and Tribally Designated Housing Entities (TDHEs) to carry out affordable housing activities in Indian Country. “From day one, HUD has been engaged on…
Treasury: Readout Provided for Treasury Roundtable on Opportunities to Lower Costs and Maintain Availability of Homeowners Insurance
Today, the Federal Insurance Office (FIO) at the U.S. Department of the Treasury hosted a roundtable discussion with representatives from the insurance sector, including insurers, reinsurers, brokers, state regulators, resilience and consumer groups, and academics to discuss ways to lower costs and maintain availability of homeowners insurance as part of the Trump Administration’s efforts to…
ABA: Submissions Open for 13th Annual Community Commitment Awards
The American Bankers Association Foundation is now accepting submissions for its 13th annual Community Commitment Awards, ABA’s highest honors for extraordinary community engagement. Banks of all sizes are encouraged to enter their most successful community initiatives for the awards, which recognize innovative, high-impact bank programs that improve the quality of life for the communities they serve….
HUD: Secretary Turner and DOI Secretary Burgum Announce Joint Task Force to Use Federal Lands for Affordable Housing
U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner and U.S. Department of the Interior (DOI) Secretary Doug Burgum announced a Joint Task Force on Federal Land for Housing to identify underutilized federal lands suitable for residential development, streamline land transfer processes and promote policies that increase the availability of affordable housing. Read more in the…
HUD: Secretary Turner Cuts Red Tape by Terminating the Affirmatively Furthering Fair Housing Rule
Action will restore zoning decisions to localities and increase access and supply of affordable housing Today, Secretary Scott Turner announced the U.S. Department of Housing and Urban Development (HUD) will terminate the Biden-era 2021 Affirmatively Furthering Fair Housing (AFFH) rule, cutting costly red tape imposed on localities and returning decision-making power to local and state governments. The…
CDFI Fund: FY 2025 Housing Production-Financial Assistance (HP-FA) Application Now Available
As part of the fiscal year (FY) 2025 Application round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) that opened on January 16, 2025, the Community Development Financial Institutions Fund (CDFI Fund) is inviting Applicants to compete for approximately $100 million in Housing Production-Financial Assistance (HP-FA) Awards. …