HUD: Agency, Ginnie Mae, and Korea Housing Finance Corporation Sign Agreement to Advance Affordable Housing and Strategic Housing Finance Cooperation
The U.S. Department of Housing and Urban Development (HUD), Government National Mortgage Association (Ginnie Mae), and the Korea Housing Finance Corporation (KHFC) signed a memorandum of understanding (MOU) to strengthen international cooperation in housing finance. The MOU underscores a shared commitment to expanding access to affordable housing, cultivating innovation, and supporting residential development. This agreement marks…
HUD: Secretary Turner Celebrates June as National Homeownership Month
Advancing Affordability, Access, and the American Dream of Homeownership U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner today declared June as National Homeownership Month, celebrating the power of homeownership to build stronger communities and spotlighting HUD’s role in restoring the American Dream of homeownership. “National Homeownership Month is a time to celebrate…
HUD: $1.3 million Provided to Support Youth Aging Out of Foster Care
Announcement is part of National Foster Care Month and Provides Youth with a Path to Housing Stability and Self-Sufficiency U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner today announced a $1.3 million dollar investment across 10 states under HUD’s Foster Youth to Independence (FYI) program to assist young Americans aging out of…
HUD and Census Bureau: New Residential Sales Report for April 2025 Issued
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for April 2025: New Home Sales Sales of new single-family houses in April 2025 were at a seasonally-adjusted annual rate of 743,000, according to estimates released jointly today by the U.S. Census Bureau and the…
FHFA: U.S. House Prices Rise 4.0 Percent Over the Prior Year; Up 0.7 Percent from the Fourth Quarter 2024
U.S. house prices rose 4.0 percent between the first quarter of 2024 and the first quarter of 2025, according to the U.S. Federal Housing (FHFA) House Price Index (FHFA HPI®). House prices for the first quarter of 2025 were up 0.7 percent compared to the fourth quarter of 2024. FHFA’s seasonally adjusted monthly index for March was down 0.1 percent from…
HUD: More Than $10 Million Announced to House Families and Youth and Promote Self-Sufficiency
Funding Helps Keep Families Housed and Provides a Path to Housing Stability for Youth as part of National Foster Care Month Under the leadership of Secretary Scott Turner, the U.S. Department of Housing and Urban Development (HUD) awarded more than $10 million in Family Unification Program (FUP) voucher assistance funding for youth and families who…
HUD: Secretary Turner and DOI Secretary Burgum Visit Underutilized Federal Land for Affordable Housing Development in Southern Nevada
U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner and U.S. Department of Interior (DOI) Secretary Doug Burgum visited Southern Nevada to further the discussion about increasing affordable housing opportunities through development of underutilized federal land. Secretary Turner and Secretary Burgum were welcomed by Nevada Governor Joe Lombardo and Representative Mark Amodei (R-N.V.)….
HUD: More Than $1.1 Billion Announced for Affordable Housing in Tribal Communities
Today, U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced more than $1.1 billion in Indian Housing Block Grant (IHBG) funding for eligible Native American Tribes, Alaska Native Villages, and Tribally Designated Housing Entities (TDHEs) to carry out affordable housing activities in Indian Country. “From day one, HUD has been engaged on…
HUD: $1.8 Million Provided to Support Youth Aging Out of Foster Care
Assistance provided on anniversary of First Lady Melania Trump’s BE BEST initiative as part of National Foster Care Month and a continuation of HUD’s successful Foster Youth to Independence (FYI) program U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner, in collaboration with First Lady of the United States Melania Trump, today announced…
HUD: Disaster Aid and Financial Flexibility Delivered to Virginia Residents Impacted by Winter Storms and Flooding
The U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced the availability of Federal disaster assistance to the Commonwealth of Virginia to supplement recovery efforts in the areas affected by severe winter storms and flooding from Feb. 10-18, 2025. President Trump issued a Major Disaster Declaration on April 4, 2025 for the Commonwealth of…