HUD: Agency Submits Housing Reform Plan to the President

Today, the Department of Housing and Urban Development (HUD) presented President Donald Trump with a plan for reforming the Nation’s housing finance system. Read HUD’s housing finance reform plan. On March 27, 2019, President Trump issued a Memorandum on Federal Housing Finance Reform, directing HUD and the Department of Treasury to […]

HUD: Housing Preservation Program Expanded to Include Senior Housing

Rental assistance demonstration will help house low-income seniors In an effort to preserve and improve critically needed affordable housing for low-income seniors, the U.S. Department of Housing and Urban Development (HUD) today announced a significant expansion of its Rental Assistance Demonstration (RAD) to facilitate capital investment in senior housing developments assisted through […]

HUD: FHA Strengthens Mortgage Relief Options to Help Homeowners Impacted by Major Disasters

When disasters strike, homeowners can fall behind in their mortgage payments as they struggle to recover from a major disaster. To help homeowners impacted by major disasters, the Federal Housing Administration (FHA) today announced it is expanding its foreclosure prevention options to allow borrowers in Presidentially Declared Major Disaster Areas […]

HUD: $75 Million Awarded to Help End Youth Homelessness

Nearly double the funding to support innovative youth housing programs in 23 communities  The U.S. Department of Housing and Urban Development (HUD) is awarding $75 million to end youth homelessness in 23 local communities across the country, including eight rural areas. HUD’s Youth Homelessness Demonstration Program (YHDP) will help these communities to […]

FHFA: House Prices Rise 1.0 Percent in Second Quarter; Up 5.0 Percent from Last Year

U.S. house prices rose in the second quarter of 2019, up 1.0 percent according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI).  House prices rose 5.0 percent from the second quarter of 2018 to the second quarter of 2019.  FHFA’s seasonally adjusted monthly index for June was up 0.2 percent from May. FHFA […]

HUD: Agency Takes Major Step to Improve Health and Safety Inspections

HUD set to test overhaul of 20-year-old inspection protocols Today the U.S. Department of Housing and Urban Development (HUD) announced another step to overhaul the Department’s 20-year-old inspection process to ensure taxpayer-supported housing is healthy and safe. HUD is launching a new demonstration to test innovative new approaches for making […]

FHFA: 2020 Release Dates for House Price Index Announced

The Federal Housing Finance Agency (FHFA) today announced the FHFA House Price Index (HPI) will be released at 9 a.m. ET on the following dates in 2020:​ ​  ​Wednesday, January 22 ​Monthly Index ​Tuesday, February 25 ​Quarterly and Monthly Index ​Wednesday, March 25 ​Monthly Index ​Wednesday, April 22 ​Monthly Index ​Tuesday, May 26 […]

HUD and Census Bureau: Residential Construction Activity in July 2019 Report Issued

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for July 2019. Building Permits Privately owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,336,000. This is 8.4 percent […]

HUD: FHA Issues New Condominium Approval Rule

Comprehensive policy revisions include ability to approve individual units in nonapproved condo projects In an effort to promote affordable and sustainable homeownership, especially among credit-worthy first-time buyers, the Federal Housing Administration (FHA) today published a long-awaited final regulation, and policy implementation guidance, which establish a new condominium approval process. Designed […]