HUD: Agency Moving Forward on Bold Homelessness Reform
Today, HUD is announcing that homelessness-related service providers across the nation can expect the 2026 Continuum of Care (CoC) Notice of Funding Opportunity (NOFO) to be published by June 1, 2026. Further, applicants can expect awards to be made by December 1, 2026. The CoC Program is a national competition designed to promote community-wide efforts…
HUD: HUD and USDA Announce Major Rescission of Building Code Requirements
Secretary Scott Turner and Secretary Brooke Rollins today announced the rescission of a costly Biden Administration-era policy which added at least $20,000 to the cost of home construction. A 2024 Final Determination issued under President Biden rendered all new home construction ineligible for an FHA or USDA-backed mortgage loan unless the home was built according…
FHFA: House Price Index Unchanged in February 2026; Up 1.7 Percent from Last Year
U.S. house prices were unchanged in February, according to the U.S. Federal Housing (FHFA) seasonally adjusted monthly House Price Index (FHFA HPI®). House prices rose 1.7 percent from February 2025 to February 2026. The previously reported 0.1 percent price change in January was revised upward to 0.2 percent. For the nine census divisions, seasonally adjusted monthly home…
HUD: Agency Empowers Real Estate Agents to Better Support American Homebuyers
Real estate agents are not breaking the law when they discuss crime rates and school quality with prospective homebuyers and renters. The U.S. Department of Housing and Urban Development (HUD) sent a “Dear Colleague” letter to real estate professionals clarifying they are not violating the Fair Housing Act when they share information with prospective homebuyers…
FHFA: Federal Housing Administration Joins Fannie and Freddie in Implementing VantageScore 4.0 and FICO 10T Credit Scores
Homebuying Advances into New Era of Credit Score Competition Today the U.S. government is ushering in a new era of competition in our nation’s mortgage market. In a joint announcement, HUD Secretary Scott Turner and FHFA Director William J. Pulte announced that the Federal Housing Administration and Fannie Mae and Freddie Mac are implementing their first…
HUD: Disaster Aid & Financial Flexibility Delivered for Hawaii Residents Impacted by Natural Disasters
Secretary Scott Turner announced the availability of federal disaster assistance to the state of Hawaii to supplement recovery efforts in the areas affected by the Kona low weather systems on March 10-24, 2026. “When disasters strike, HUD is here to support American families when they need it most,” said Secretary Scott Turner. “Our team is assisting…
HUD: More Than $1.1 Billion Investment Unveiled for Affordable Housing Initiatives in Tribal Communities
The Department of Housing and Urban Development’s (HUD) Office of Native American Programs today announced more than $1.1 billion in Indian Housing Block Grant (IHBG) funding for eligible American Indian Tribes, Alaska Native Villages, and Tribally Designated Housing Entities (TDHEs) to support affordable housing projects in nearly 600 Tribal communities. “HUD is fully committed to…
FHFA: House Price Index® Up 0.1 Percent in January; Up 1.6 Percent from Last Year
U.S. house prices rose 0.1 percent in January, according to the U.S. Federal Housing (FHFA) seasonally adjusted monthly House Price Index (FHFA HPI®). House prices rose 1.6 percent from January 2025 to January 2026. The previously reported 0.1 percent price change in December was revised upward to 0.3 percent. For the nine census divisions, seasonally adjusted monthly home price…
HUD: Fair Housing Investigation Launched into Washington State’s Covenant Homeownership Program
FHEO is launching an investigation to determine if the Washington State Housing Finance Commission’s Covenant Homeownership Program violates the Fair Housing Act, which prohibits discrimination in housing. The Department of Housing and Urban Development’s (HUD) Office for Fair Housing and Equal Opportunity (FHEO) notified the Washington State Housing Finance Commission that it has launched an…
Federal Reserve: Governor Barr Delivers Speech on Developing Communities Through Public-Private Partnerships
Read the text of Governor Michael S. Barr’s speech on “Developing Communities Through Public-private Partnerships” at the 2026 National Community Investment Conference, Phoenix, Arizona Thank you for inviting me here today. Let me also thank those at all 12 of the Reserve Banks, the Board of Governors, and the staff at FedCommunities for their efforts…