HUD: Agency Supports Homeownership and Housing Affordability for More Than One Million Americans
Includes 560,000 first-time American homebuyers Secretary Scott Turner announces the U.S. Department of Housing and Urban Development (HUD) provided a pathway for homeownership and supported housing affordability for more than one million Americans this year through the Federal Housing Administration (FHA) and the Government National Mortgage Association (Ginnie Mae). “President Trump’s bold leadership is empowering…
HUD: Secretary Scott Turner Visits Atlanta to Witness How Opportunity Zones Are Spurring Growth, Expanding Housing Affordability
U.S. Housing and Urban Development (HUD) Secretary Scott Turner visited Centennial Yards in Atlanta, an expansive 50-acre mixed use development located within one of the city’s Opportunity Zones. Secretary Turner and stakeholders toured the site, including several new residential and commercial properties under construction, and met with key partners to discuss how the project is…
HUD: Secretary Scott Turner’s Statement on End of the Government Shutdown
U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner released the following statement after Democrats in both the U.S. House of Representatives and the U.S. Senate joined with Republicans to reopen the government. This marks the end of the Left’s shutdown – the longest in U.S. history. “I’m relieved the Left has finally…
HUD: Secretary Turner Provides Update on HUD Programs Amid Government Shutdown
Provides status of critical HUD programs that support seniors, healthcare access, and housing supply, including billions in community development projects halted U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner delivered an update to the American people on the status of vital HUD programs during the Left’s shutdown: “For nearly one month, the…
FHFA: US Federal Housing Requests Input on New Strategic Plan
Consistent with its statutory requirements and President Trump’s executive orders, U.S. Federal Housing is asking the public for feedback on its proposed Strategic Plan for FY 2026–2030. The new Plan proposes three strategic goals for the Agency: Input on the Plan is due by November 5, 2025, and should be submitted via the U.S. Federal…
ABA: Foundation Announces 2025 Community Commitment Award Winners
The American Bankers Association Foundation today announced the recipients of its 2025 ABA Foundation Community Commitment Awards. The prestigious annual awards recognize banks for extraordinary service to their local communities in seven specific categories ranging from affordable housing to serving military families. The winners will be recognized at ABA’s Annual Convention in Charlotte, N.C. on Oct. 21. The…
HUD: Secretary Turner Hosts Tribal Intergovernmental Advisory Committee and Announces National Tribal Housing Summit
The U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner recently hosted HUD’s Tribal Intergovernmental Advisory Committee (TIAC) meeting at HUD’s headquarters. The convening included Tribal leaders from across the nation who make up HUD’s TIAC. “Since day one, I have stated my commitment to make Tribal communities a priority here at HUD….
Census Bureau: The Cost of Homeownership Continues to Rise
The median monthly owner costs for U.S. homeowners with a mortgage increased to $2,035 in 2024 from $1,960 (inflation-adjusted) in 2023, according to new American Community Survey (ACS) 1-year estimates released today by the U.S. Census Bureau. “One way we measure housing affordability is based on how much households spend on selected costs such as mortgage payments, insurance, taxes,…
FHFA: Allowable LIHTC Amount Doubled for Fannie Mae and Freddie Mac to Support Affordable Housing
Consistent with the One Big Beautiful Bill, U.S. Federal Housing Expands America’s Affordable Housing Supply in Rural and Underserved Communities Consistent with President Trump’s historic One Big Beautiful Bill, U.S. Federal Housing is expanding America’s affordable housing supply by doubling the amount that Fannie Mae and Freddie Mac can invest in safe and sound Low…
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…