HUD: Secretaries of HUD & VA Issue Joint Statement on Ending Veteran Homelessness
From HUD Secretary Marcia L. Fudge and VA Secretary Denis McDonough The Department of Housing and Urban Development’s 2020 Annual Homeless Assessment Report (AHAR) to Congress found that on a single night in January 2020, there were 37,252 Veterans experiencing homelessness in America, an increase of 0.4% over 2019. This number does not account for the…
HUD: More Than $90 Million for Affordable Housing Awarded in Tribal Communities
24 Tribes receive funds that will support the construction of approximately 350 new housing units The U.S. Department of Housing and Urban Development today announced over $90 million in grant awards to 24 Tribes and Tribally Designated Housing Entities (TDHEs) across the country to support new housing construction, housing rehabilitation, and critical infrastructure projects. “This…
HUD: $5 Billion Announced to Increase Affordable Housing to Address Homelessness
Secretary Fudge: “With this strong funding, communities across the country will have the resources needed to get people housed and keep people home” U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge today announced the allocation of nearly $5 billion in American Rescue Plan funds to help communities across the country create…
HUD: Nearly $700 Million Allocated for Affordable Housing
Historic allocation through Housing Trust Fund will help states produce more affordable housing for extremely low- and very low-income households The U.S. Department of Housing and Urban Development (HUD) on Tuesday announced the allocation of $689,565,492.92 through the nation’s Housing Trust Fund (HTF) for affordable housing. The Housing Trust Fund was launched in 2008 as…
HUD: Commemorating National Fair Housing Month 2021
The U.S. Department of Housing and Urban Development (HUD) today kicked off Fair Housing Month 2021. This year’s Fair Housing Month theme, Fair Housing: More Than Just Words, reflects the Biden-Harris Administration’s commitment to advancing equity in housing and the importance of increasing public awareness of everyone’s right to fair housing. “Fair Housing Month is a…
FHFA: More than $1 Billion in Affordable Housing Funds Authorized
Largest amount ever disbursed to Housing Trust Fund and Capital Magnet Fund, more than double 2019 amounts FHFA Director Mark Calabria announced today that he has authorized the disbursement of $1.09 billion for Fannie Mae and Freddie Mac’s (the Enterprises) affordable housing allocations for 2020. This is the largest amount ever disbursed and more than…
HUD: More Than $652 Million Awarded for Affordable Housing Activities in Native American Communities
Funds support development and operation of low-income housing Today, the U.S. Department of Housing and Urban Development (HUD) announced more than $652 million in Indian Housing Block Grant (IHBG) formula funding for eligible Native American Tribes and Tribally Designated Housing Entities (TDHEs) to carry out affordable housing activities in tribal communities. View a complete list of nearly 600…
HUD: $5.5 Billion in Grants Awarded to Local Communities for Affordable Housing and to Serve Individuals and Families
The U.S. Department of Housing and Urban Development (HUD) today announced $5.5 billion in funding to local programs throughout the country that provide affordable housing, community development and economic opportunity, and support to individuals and families experiencing homelessness. View a complete list of all the communities who received funding. “These core programs provide our local partners…
FHFA: U.S. House Prices Rise 10.8 Percent over the Last Year; Up 3.8 Percent in the Fourth Quarter
U.S. house prices rose 10.8 percent from the fourth quarter of 2019 to the fourth quarter of 2020 according to the Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices were up 3.8 percent compared to the third quarter of 2020. FHFA’s seasonally adjusted monthly index for December was up 1.1 percent from November. “House prices nationwide recorded the…
CDFI Fund: $175.35 Million in Awards for Affordable Housing Nationwide Announced
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 48 organizations $175.35 million today to finance the development of affordable housing and community facilities in low-income communities. These awards were made through the fiscal year (FY) 2020 round of the Capital Magnet Fund, and will support financing for the preservation,…