HUD: New Members Appointed to the Housing Counseling Federal Advisory Committee and Future Expansion Announced

The U.S. Department of Housing and Urban Development (HUD) on Friday announced the appointment of six new members to its Housing Counseling Federal Advisory Committee, and the re-appointment of two current members of the Committee. In addition, HUD is announcing today that it intends to expand the Committee in the […]

FHFA: Availability of COVID-19 Multifamily Forebearance Extended

Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will continue to offer COVID-19 forbearance to qualifying multifamily property owners as needed, subject to the continued tenant protections FHFA has imposed during the pandemic. This is the fourth extension of the programs, which […]

FHFA: Second Quarter 2021 Foreclosure Prevention and Refinance Report Released

More than 6 million homeowners helped since conservatorship The Federal Housing Finance Agency (FHFA) today released its second quarter 2021 Foreclosure Prevention and Refinance Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 217,020 foreclosure prevention actions in the second quarter of 2021, bringing the total number of […]

HUD: $143 Million in Grants to Support Construction and Project Rental Assistance for New Multifamily Housing and Very Low-Income Seniors

The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced on Wednesday that it has awarded $143 million in grants to non-profit organizations across the country to support the development of new affordable multifamily rental housing along with ongoing project rental assistance for very low-income […]

HUD: $4.4 Million Awarded to 28 Tribes to Provide Permanent Homes for Native American Veterans

Grants will provide housing for Native American Veterans experiencing or at risk of experiencing homelessness The U.S. Department of Housing and Urban Development (HUD), in collaboration with the U.S. Department of Veterans Affairs (VA), has awarded $4.4 million in Tribal HUD-Veterans Affairs Supportive Housing (Tribal HUD-VASH) grants to 28 Tribes […]

HUD and FHFA: Clarifications to Freddie Mac’s Policies on Purchasing Mortgages Secured by Group Homes Announced

The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA) on Tuesday announced important clarifications to Freddie Mac’s policies that make clear it will purchase mortgages secured by a property owned by an individual and rented to a group home for persons with disabilities. […]

HUD: HBCU Center of Excellence Grants Announced

Howard University and Texas Southern University to receive $5.5 million total in housing and economic development research grants The U.S. Department of Housing and Urban Development (HUD) on Tuesday announced a total of $5.5 million will be awarded to two Historically Black Colleges and Universities (HBCUs). Howard University and Texas Southern […]

HUD: House America Initiative Launched to Address Homelessness Crisis

House America leverages American Rescue Plan and other federal resources to immediately re-house and build additional housing for people experiencing homelessness U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge, who serves as chair of the U.S. Interagency Council on Homelessness (USICH), today joined Biden-Harris Administration officials, Cabinet […]

SBA: Hurricane Ida Assistance Tops $110 Million

SBA Disaster Relief is Reaching Small Businesses, Homeowners, Renters, and Nonprofits Across Impacted States Isabella Casillas Guzman, Administrator of the U.S. Small Business Administration (SBA) announced today that the agency has delivered more than $110 million in disaster rescue funds to small businesses, homeowners, renters, and nonprofit organizations recovering from damages caused […]