HUD: $1.1 Billion Announced for Tribal Housing and Community Development
Funding will address housing challenges in Tribal communities, marking an historic increase in federal support. Today, U.S. Department of Housing and Urban Development (HUD) Acting Secretary Adrianne Todman welcomed the Tribal Intergovernmental Advisory Committee at HUD Headquarters where she announced awarding a record $1.1 billion in funding for the Indian Housing Block Grant (IHBG) program…
HUD: $30 Billion Investment Announced to Keep American Families Housed
Housing Choice Voucher Program Renewal Funding Supports Affordable Housing Nationwide. Today, the U.S. Department of Housing and Urban Development (HUD) announced $30 billion in renewal funding for the Housing Choice Voucher Program (HCV). This funding will help Public Housing Authorities (PHAs) continue to provide assistance to families and individuals who are in need of affordable…
HUD: Expanded Solutions to Tackle Homelessness with Housing Vouchers Announced
New flexibilities help communities to expedite process to get housing assistance to those experiencing homelessness. Today, the U.S. Department of Housing and Urban Development (HUD) announced a new opportunity for communities to expedite housing assistance for people experiencing homelessness in the Housing Choice Voucher program. Housing agencies can now request to accept self-certification of income…
HUD: Harvard University Wins HUD’s 2024 Innovation in Affordable Housing Student Design and Planning Competition
Student teams shine in affordable housing solutions: UC Berkeley and University of Maryland also recognized in HUD’s design and planning competition. The U.S. Department of Housing and Urban Development (HUD) announced a graduate student team with members from Harvard University as the winners of HUD’s eleventh annual Innovation in Affordable Housing Student Design and Planning Competition….
HUD: New Rule Issued to Revitalize Housing Voucher Program
This Rule increases efficiency and creates opportunities for housing providers to preserve and grow the supply of affordable housing. Today, the U.S. Department of Housing and Urban Development (HUD) announced the publication of a new rule implementing portions of the Housing Opportunity Through Modernization Act of 2016 (HOTMA). Principal Deputy Assistant Secretary for Public and Indian Housing…
HUD: $5.5 Billion in Grants Announced for Affordable Housing, Community Development and Homeless Assistance to Drive Economic Growth
Funding empowers 1,200 communities: addressing urgent local needs, boosting economic growth, enhancing community resilience, creating jobs, and advancing housing solutions. The U.S. Department of Housing and Urban Development (HUD) today announced $5.5 billion in funding that will go to 1,200 communities through more than 2,400 grants to States, urban counties, insular areas, DC, Puerto Rico, and localities…
HUD: First Deal Delivered to Promote Energy Efficiency and Climate Resiliency for Massachusetts Families
Transaction enhances green features of renovation project in Quincy, Massachusetts. Today, the U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs, announced it completed a $750,000 grant transaction under the Green and Resilient Retrofit Program (GRRP) with Wollaston Lutheran Church. Grant funds will be used to finance energy efficiency and climate…
ABA: Foundation Accepting Submissions for 12th Annual Community Commitment Awards
Today, the American Bankers Association Foundation announced it is now accepting submissions for its 12th annual Community Commitment Awards. The Foundation is encouraging banks of all sizes to enter their most successful community initiatives for the awards, ABA’s highest honors for extraordinary community engagement. The CCAs recognize innovative, high-impact bank programs that improve the quality of…
FHFA: New Division of Public Interest Examination Announced
The Federal Housing Finance Agency (FHFA) today announced the creation of a new Division of Public Interest Examination (DPIE), which will be responsible for supervisory oversight of the Agency’s regulated entities in the areas of affordable housing, community development, diversity and inclusion, consumer protection, and fair lending. FHFA serves as regulator and conservator of Fannie Mae…
FHFA: Housing Mission Report for 2023 Released
The Federal Housing Finance Agency (FHFA) today released its annual Housing Mission Report, describing the activities taken by Fannie Mae and Freddie Mac (the Enterprises) and the Federal Home Loan Banks (FHLBanks) in 2023 to promote access to financing for affordable, sustainable, and equitable housing and targeted economic development. “FHFA maintains a keen focus on…