HUD: More Than $279 Million in New Housing Investments Announced
New awards will support climate resilience and energy efficiency renovations. The U.S. Department of Housing and Urban Development (HUD) today announced nearly $279 million in awards to properties across 23 states and territories under its Green and Resilient Retrofit Program (GRRP) to support significant energy efficiency and climate resilience renovations of more than 3,500 homes. These Comprehensive grants…
HUD: New Actions Announced to Improve HUD’s Handbook for the Management of Multifamily Affordable Homes
Process kicks off the first set of comprehensive updates to the Handbook since 1992 and will provide HUD-assisted property owners and managers with comprehensive guidance to better meet the needs of renters across America. The U.S. Department of Housing and Urban Development (HUD) today announced the start of its process to update the Multifamily Asset…
HUD: Over $1.1 Million Invested to Modernize Senior Housing in Baltimore
Two recently closed transactions will fund repairs and energy efficiency and climate resilience improvements. Today, the U.S. Department of Housing and Urban Development’s (HUD) announced the closing of two transactions, totaling $1.1 million, to help finance repairs and energy efficiency and climate resilience improvements at two multifamily properties in Baltimore, Maryland, home to 143 seniors….
HUD: New Resources Announced to Retrofit and Weatherize Affordable Homes in America
HUD releases new guidance and updated tools to ensure benefits of President Biden’s Inflation Reduction Act and Bipartisan Infrastructure Law reach all affordable housing communities Today, the U.S. Department of Housing and Urban Development (HUD) announced the availability of new guidance and resources to support the rapid retrofitting and weatherization of America’s affordable housing stock….
CDFI Fund: Public Comments Sought on Capital Magnet Fund Application
Comments due November 25, 2024 The U.S. Department of the Treasury, as part of a continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995 (PRA), 44 U.S.C….
HUD: Additional Funding Announced to Support Residents During Ongoing Unit Repairs
HUD and the Biden-Harris Administration also announce efforts to reduce barriers to solar energy for lower income Americans Today, the U.S. Department of Housing and Urban Development (HUD) is announcing that the New York City Housing Authority (NYCHA) is receiving additional funding –over $37 million in Tenant Protection Vouchers in an effort to maintain a…
FHFA: Data Visualization Dashboard Released for Enterprises’ Multifamily Mortgage Acquisitions
The Federal Housing Finance Agency (FHFA) released an interactive tool for tracking data on multifamily mortgages that enables users to review details about loans and properties at both the state and national levels. The tool, known as a data visualization dashboard, provides a more accessible way to view and understand data on multifamily mortgages. It…
Census Bureau: Nearly Half of Renter Households Are Cost-Burdened, Proportions Differ by Race
Over 21 million renter households spent more than 30% of their income on housing costs in 2023, representing nearly half (49.7%) of the 42.5 million renter households in the United States for whom rent burden is calculated. Although the median ratio of income-to-housing costs for renters remained unchanged from 2022 at 31%, there are differences in the…
HUD: 30th Anniversary of the Violence Against Women Act Commemorated
Five federal agencies affirm continued commitment to implement housing provisions under the Violence Against Women Act To commemorate the 30th anniversary of the Violence Against Women Act (VAWA), the U.S. Department of Housing and Urban Development today joined four federal agencies—the U.S. Department of Agriculture, U.S. Department of Justice, the U.S. Department of Treasury, and the…
HUD: Regulations Updated to Lower Housing Costs and Build Safe and Affordable Manufactured Homes
HUD marks 50 years of the Manufactured Home Construction and Safety Standards, while announcing the most extensive updates in more than three decades to modernize manufactured home features, increase consumer demand, and expand America’s affordable housing supply. The U.S. Department of Housing and Urban Development (HUD) announced today the most extensive update to the Manufactured Home Construction…