HUD: $5.5 Million in Funding Opportunity Announced for Hispanic Serving Institutions

The U.S. Department of Housing and Urban Development (HUD) announced that it will make available $5.5 million for Hispanic Serving Institutions (HSIs) to establish research Centers of Excellence (COEs) to conduct housing and community development research. This funding opportunity will help strengthen capacity and invest in innovative and actionable research to address […]

HUD: Secretary Encourages Aspiring Homebuyers to “Stay Ready” During Virtual House Party

HUD Launches Dedicated Webpage to Connect People to Pathways to Homeownership U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge hosted the virtual event “House Party – Let’s Talk About the House” on Tuesday, November 1 to educate Millennials and Generation Z young adults about the government […]

HUD: Secretary Fudge to Host Virtual “House Party – Let’s Talk About the House” to Support Millennial and Gen Z Pathways to Homeownership

Event to Help and Dispel Common Myths in Homebuying, Amplify Federal Homebuying Programs The U.S. Department of Housing and Urban Development’s (HUD) Secretary Marcia L. Fudge will hold a virtual ‘House Party’ to share information on available federal resources and bust common myths around the homebuying process. This event is […]

HUD: FHA Expands Access to Homeownership for First-Time Homebuyers Who Have Positive Rental History

Addition of positive rental payment history in TOTAL Mortgage Scorecard assessment criteria supports greater opportunity for first-time homebuyers to qualify for affordable FHA-insured mortgage financing. The Federal Housing Administration (FHA) is announcing today that it will begin to permit inclusion of a first-time homebuyer’s positive rental payment history as an additional factor […]

CFPB: New Effort Launched to Spur New Opportunities for Homeowners in the Mortgage Market

Agency seeks information on refinances, mortgage products to promote competition and support household financial stability The Consumer Financial Protection Bureau (CFPB) is asking for public input on ways to spur new mortgage products that help households. The CFPB seeks insights on ways to improve mortgage refinances for homeowners who would […]

HUD: $12.5 Million Funding Opportunity Announced to Expand Access to Affordable Homeownership

The U.S. Department of Housing and Urban Development (HUD) today announced the availability of $12.5 million through the Self-Help Homeownership Opportunity Program (SHOP) for eligible national and regional non-profit organizations and consortia with experience providing or facilitating self-help housing opportunities. This funding opportunity aims to develop decent, safe, and sanitary […]

HUD: Allocation Strategy and Program Requirements Released for New Stability Vouchers

Stability Vouchers Will Incentivize Public Housing Agencies to Partner with Communities to Address Unsheltered Homelessness and Homelessness in Rural Areas The U.S. Department of Housing and Urban Development (HUD) today issued a notice that explains the department’s non-competitive allocation strategy and program requirements for the new Stability Vouchers. Under the […]

HUD: $41.3 Million in Housing Counseling Grants Awarded

Awards provide second-year funding for vital housing counseling services and ongoing support for professional development for the nation’s housing counselors The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling is announcing today that it has awarded $41.3 million in grants to support the vital services performed by the […]

ABA: New Infographic with Tips for Prospective Home Buyers Released

In recognition of American Housing Month, the American Bankers Association Foundation today released an infographic outlining five tips for how home buyers can overcome challenging market conditions and make their dream of homeownership a reality.  The infographic acknowledges that limited housing inventory, supply chain disruptions that have delayed new home construction, rising […]

FHFA: Equitable Housing Finance Plans for Fannie Mae and Freddie Mac Announced

The Federal Housing Finance Agency (FHFA) today announced the release of Fannie Mae’s and Freddie Mac’s (the Enterprises) Equitable Housing Finance Plans for 2022-2024. These plans are designed to complement the initiatives outlined in FHFA’s Strategic Plan: Fiscal Years 2022–2026 that promote the Enterprises’ safety and soundness and foster housing finance markets […]