HUD: Local Housing Programs Enhanced to Build More Affordable Homes
New update to HUD financing program for state and local housing finance agencies will support the construction of new, affordable homes for American families The U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury today announced new actions to provide more interest rate certainty for state and local Housing Finance Agencies (HFAs)…
HUD: New HUD Policy Changes Expand Access to Housing for Veterans
Changes will enable veterans with service-connected disability benefits access more housing opportunities Today, the U.S. Department of Housing and Urban Development (HUD) announced a new set of policy changes that will help more veterans receive assistance under the HUD-Department of Veteran Affairs (VA) Supportive Housing (HUD-VASH) program, and improve their access to supportive housing developments. Veterans experiencing homelessness often receive…
HUD: $6 Million Awarded to Protect Families from Home Health and Safety Hazards
Funding will be used to make private homes safer The U.S. Department of Housing and Urban Development (HUD) today awarded $6 million to two nonprofit organizations, and a city government to protect children and families from home health hazards. This is the second round of funding announced for this program in addition to the grant announcements made…
HUD: $1.5 Million Invested to Modernize Homes for Illinois Families
Two transactions in Illinois will fund electrification, climate resilience, and energy efficiency renovations in Chicago and Champaign, benefiting low-income seniors. Today, the U.S. Department of Housing and Urban Development (HUD) announced the recent completion of two transactions totaling $1.5 million to finance energy efficient and climate resilient improvements for affordable homes in Illinois under the…
HUD: Over $3.5 Billion Announced to Help People Experiencing Homelessness
HUD Announces Over $3.5 Billion to Help People Experiencing Homelessness HUD makes largest-ever single-year investment in communities’ homelessness response systems and streamlines program requirements for providers WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced that it will provide more than $3.5 billion in competitive funding to homeless services organizations across the…
HUD: 3-D Printing Showcased as an Innovative Solution for Affordable Housing Supply
At an event in Fairbanks, Alaska, HUD leaders showed how innovative technologies can help to build quality, affordable and resilient homes for all. Today, senior leaders from the U.S. Department of Housing and Urban Development (HUD) joined the University of Alaska Fairbanks to demonstrate and highlight one of the innovative ways HUD is working to…
HUD: Over $150 Million Announced for Tribal Communities for Construction of Innovative, Affordable Housing
The U.S. Department of Housing and Urban Development (HUD) today announced awards totaling $150.9 million for new affordable and innovative housing investments in Tribal communities. Principal Deputy Assistant Secretary Richard Monocchio made the announcement today in Anchorage, Alaska, where he presented $6 million to the Cook Inlet Housing Authority to build 51 new housing units…
HUD: $19 Million Announced in New Housing Investments
As part of President Biden’s Investing in America Agenda, HUD announces new awards for climate resilience and energy efficiency renovations. The U.S. Department of Housing and Urban Development (HUD) today announced $19 million in new grant and loan awards to 32 properties under its Green and Resilient Retrofit Program (GRRP). These grants and loans will support significant…
HUD: Summit Convenes to Address Rising Property Insurance Costs
Biden-Harris Administration assembles industry executives, government leaders, nonprofits, and academics to address rising insurance premiums and receding coverage. Today, the U.S. Department of Housing and Urban Development convened a critical summit to address sharp increases in property insurance costs and lack of available coverage impacting people across the country. “It’s become abundantly clear that the…
HUD: New Rule Proposed to Govern the Sale of FHA Mortgage Notes
Proposed rule to establish a permanent Single Family Sale Program, including exclusive first look opportunities for prospective homeowners Today, the U.S. Department of Housing and Urban Development (HUD) is proposing a new rule to govern the sale of seriously delinquent single family mortgage loans insured by the Federal Housing Administration (FHA). These rules will help expand available…