HUD: Revised “Disparate Impact” Rule Proposed

New proposed disparate impact rule more appropriately reflects 2015 Supreme Court ruling  The U.S. Department of Housing and Urban Development (HUD) today published a proposed rule to amend the HUD interpretation of the Fair Housing Act’s disparate impact standard. The proposed rule as amended would provide more appropriate guidance on […]

HUD: FHA Issues New Condominium Approval Rule

Comprehensive policy revisions include ability to approve individual units in nonapproved condo projects In an effort to promote affordable and sustainable homeownership, especially among credit-worthy first-time buyers, the Federal Housing Administration (FHA) today published a long-awaited final regulation, and policy implementation guidance, which establish a new condominium approval process. Designed […]

OCC: Comptroller Visits Baltimore Affordable Housing Event

Comptroller of the Currency Joseph Otting and senior staff visited an event promoting affordable and sustainable homeownership in Baltimore on Monday. The free “Achieve the Dream” event hosted by the non-profit Neighborhood Assistance Corporation of America (NACA) was part of a series the organization hosts around the country that provides […]

HUD: Initiative Launches to Prevent and End Homelessness Among Young People Aging Out of Foster Care

‘FYI’ Initiative to offer housing vouchers to at-risk young people facing homelessness U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced a new initiative to target housing assistance to young people aging out of foster care and who are at extreme risk of experiencing homelessness. HUD’s new Foster Youth […]

HUD: $4.8 Million Awarded to Help Low-Income Veterans Rehabilitate Their Homes

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced $4.8 million in funding through the Veterans Housing Rehabilitation and Modification Pilot (VHRMP) Program to assist disabled veterans with modifying or rehabilitating their homes, making them more accessible. Through the VHRMP program, grantees […]

ABA: Experts Selected to Judge Top Banks in Corporate Social Responsibility

Deadline for Community Commitment Award entries extended to July 19 ​WASHINGTON — The American Bankers Association Foundation today is pleased to announce the list of national experts responsible for judging the banking industry’s 2019 Community Commitment Awards. The CCA program recognizes banks of all sizes and charters across the country for […]

HUD: $150 Million Offered to Provide Affordable Housing to People with Disabilities

Funding expected to help approximately 18,000 non-elderly persons with disabilities The U.S. Department of Housing and Urban Development (HUD) is offering $150 million in grants to provide affordable housing to approximately 18,000 non-elderly persons living with disabilities. Read HUD’s funding notice. HUD’s Mainstream Housing Choice Voucher Program provides funding to public housing agencies […]

HUD: Secretary Ben Carson to Chair White House Council on Affordable Housing

Today, President Donald Trump signed an Executive Order establishing the White House Council on Eliminating Barriers to Affordable Housing, and named Housing and Urban Development (HUD) Secretary Ben Carson as its chairperson. The Council will consist of members across eight Federal agencies and engage with State, local, and tribal leaders […]