FHFA: U.S. House Prices Rise 1.1 Percent in Second Quarter 2018
U.S. house prices rose 1.1 percent in the second quarter of 2018 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 6.5 percent from the second quarter of 2017 to the second quarter of 2018. FHFA’s seasonally adjusted monthly index for June was up 0.2 percent from May. The…
FHFA: Fannie Mae and Freddie Mac to Conclude Single-Family Rental Pilot Programs
The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac (the Enterprises) will conclude their single-family rental pilot programs and then terminate their participation in the single-family rental market except through their previously existing investor programs – Fannie Mae’s Multiple Financed Properties and Freddie Mac’s Investment Property Mortgages. In the last…
HUD: Department Launches New Campaign to Boost Landlord Acceptance of Housing Vouchers
New task force aimed at boosting landlord participation in Housing Choice Voucher Program WASHINGTON – U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced a Department-wide task force as part of a larger campaign to encourage more landlords to participate in the Housing Choice Voucher (HCV) Program. HUD’s HCV Program is the nation’s…
HUD: Department Files Housing Discrimination Complaint Against Facebook
Secretary-initiated complaint alleges platform allows advertisers to discriminate WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) announced today a formal complaint against Facebook for violating the Fair Housing Act by allowing landlords and home sellers to use its advertising platform to engage in housing discrimination. HUD claims Facebook enables advertisers to control…
CDFI Fund: New Certified CDFI Logo Debuts to Help Illustrate Impact
More than 400 representatives of Certified CDFIs voted on the image they liked best to represent themselves to their customers and the public. Nearly 64 percent of them chose this winning design, which beautifully evokes a sense of community. With the roll out of this new logo, it’s a good time to reflect on the…
HUD: Department Seeks to Streamline and Enhance “Affirmatively Furthering Fair Housing” Rule
Notice solicits public’s comments on ways to improve fair housing choice WASHINGTON – The U.S. Housing and Urban Development (HUD) today published a notice inviting public comment on amendments to its Affirmatively Furthering Fair Housing (AFFH) regulations. HUD’s goal in pursuing new rulemaking is to offer more helpful guidance to states and local communities to…
HUD: 2018 Secretary Design Award Winners Announced
San Francisco and Portland developments recognized as national housing models WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the American Institute of Architects (AIA) today announced the winners of the 2018 HUD Secretary’s Housing and Community Design Award. HUD and the AIA selected affordable housing developments in California and Oregon for…
FHFA: House Price Index Up 0.1 Percent in April 2018
U.S. house prices rose in April, up 0.1 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The previously reported 0.1 percent increase in March was revised upward to 0.2 percent. The FHFA monthly HPI is calculated using home sales price information from mortgages…