This year, Secretary Marcia L. Fudge led the U.S. Department of Housing and Urban Development (HUD) to bold action in pursuit of the agency’s mission to create strong, sustainable, inclusive communities and quality affordable homes. These actions aligned with key Biden-Harris Administration priorities, including easing the burden of housing costs, […]
“All In” Is the Most Comprehensive Federal Plan to Systemically Prevent Homelessness and Address Racial and Ethnic Disparities in Homelessness Today, the Biden-Harris administration released a federal plan for ending homelessness in America that starts with the ambitious goal of reducing homelessness 25% by 2025. All In: The Federal Strategic Plan […]
HUD Secretary Marcia Fudge Delivers Opening Remarks Today, December 6, 2022, the U.S. Department of Housing and Urban Development (HUD) Office of Policy Development & Research (PD&R) will hold its quarterly update meeting to discuss the issues around institutional investors and their impact on housing markets across the United States. […]
Today, the Federal Housing Administration (FHA) is announcing new loan limits for calendar year 2023 for its Single Family Title II forward and Home Equity Conversion Mortgage (HECM) insurance programs. Loan limits for most of the country will increase in the coming year due to house price appreciation during the first half of 2022, […]
Today, the U.S. Department of Housing and Urban Development (HUD) announced the release of a proposed rule for the Section 184 Indian Home Loan Guarantee Program, which will modernize the program regulations and encourage homeownership opportunities in Indian Country. The proposed rule expands and revises the existing program regulations and […]
Survey Finds Nearly Half of Rental Units are in Properties with Four or Fewer Units Of the 49.5 million rental housing units in the U.S., nearly 46 percent are located in rental properties of one-to-four units, according to the latest Rental Housing Finance Survey (RHFS) data released today by the U.S. Department […]
Recently closed RAD conversion transaction supports affordable rental homes across three properties in southwest Little Rock, AR The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing recently closed a Rental Assistance Demonstration (RAD) transaction with the Housing Authority of the City of Little Rock, AR, to preserve […]
Annual report to Congress highlights FHA’s leading role in supporting affordable home financing for first-time homebuyers and borrowers of color, providing assistance to struggling homeowners, and addressing housing supply and affordability. The Federal Housing Administration (FHA) today released its Annual Report to Congress on the financial status of its Mutual Mortgage Insurance […]
Transaction will allow for rental homes at Stevenson Crossing to remain permanently affordable to low-income senior residents. The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing is announcing today that it has closed a Rental Assistance Demonstration (RAD) transaction with the Housing Authority of Joliet (HAJ) in […]
Yesterday, the U.S Department of Housing and Urban Development (HUD) announced a Notice of Funding Opportunity (NOFO) of $1 million through the HOPE VI Main Street Program. This grant program provides assistance to smaller communities in the development of affordable housing that is undertaken in connection with a Main Street revitalization […]