Federal grants to help thousands of homeless assistance programs nationwide The U.S. Department of Housing and Urban Development today awarded $202 million in FY18 Continuum of Care (CoC) Program grants to support new homeless programs across the country, including nearly $50 million to projects dedicated to assisting survivors of domestic […]
HUD: Secretary Carson Announces Agreement to Address Longstanding Issues at New York City Housing Authority
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced an agreement with the City of New York and the New York City Housing Authority (NYCHA) to provide a new roadmap forward for NYCHA that will address the longstanding issues at the housing authority’s properties. Read the agreement. “The […]
HUD and Census Bureau: New Residential Sales Report for November 2018
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for November 2018: New Home Sales Sales of new single-family houses in November 2018 were at a seasonally adjusted annual rate of 657,000. This is 16.9 percent (±19.9 […]
HUD: Funding Renewed to Thousands of Local Homeless Programs
$2 billion to renew existing grants to 5,800 community-based housing and service providers The U.S. Department of Housing and Urban Development (HUD) today awarded approximately $2 billion to renew support to thousands of local homeless assistance programs across the nation. HUD’s Continuum of Care grants will provide critically needed support […]
FHFA: Indices Show Little Movement in Mortgage Interest Rates in December 2018
Nationally, interest rates on conventional purchase-money mortgages were nearly flat from November to December, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 4.83 percent for loans closed in late December, down 3 […]
FHFA: House Price Index Up 0.4 Percent in November 2018
U.S. house prices rose in November, up 0.4 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The previously reported 0.3 percent increase in October was revised to reflect a 0.4 percent increase. The FHFA monthly HPI is calculated […]
FHFA: House Price Index Up 0.3 Percent in October 2018
Many people make it their New Year’s resolution to get a handle on debt and improve their finances. Here are six steps you can take to make that resolution a reality. U.S. house prices rose in October, up 0.3 percent from the previous month, according to the Federal Housing Finance […]
FHFA: Foreclosure Preventions Surpass 4.2 Million in Third Quarter 2018
The Federal Housing Finance Agency (FHFA) today released its third quarter 2018 Foreclosure Prevention Report,which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 63,193 foreclosure prevention actions in the third quarter of 2018, bringing the total number of foreclosure prevention actions to 4,242,774 since September 2008. The report […]
HUD: Trump Administration Unveils Federal Action Plan to Reduce Childhood Lead Exposure
The U.S. Department of Housing and Urban Development (HUD), U.S. Environmental Protection Agency (EPA), and U.S. Department of Health and Human Services (HHS) today unveiled the Trump Administration’s Federal Lead Action Plan to Reduce Childhood Lead Exposures and Associated Health Impacts (Lead Action Plan). “HUD is delighted to join the […]
HUD: $139 Million Awarded to Protect Families from Lead and Home Hazards
Funding to make low-income housing safer and healthier The U.S. Department of Housing and Urban Development (HUD) today awarded more than $139 million to 48 state and local government agencies to protect children and families from lead-based paint and home health hazards. HUD Secretary Ben Carson made the grant announcement […]