Housing

HUD: 2018 Secretary Design Award Winners Announced

San Francisco and Portland developments recognized as national housing models WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the American Institute of Architects (AIA) today announced the winners of the 2018 HUD Secretary’s Housing and Community Design Award. HUD and the AIA selected affordable housing developments in California and Oregon for…

HUD and Census Bureau: New Residential Sales Report for June 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 June 2018: New Home Sales Sales of new single-family houses in June 2018 were at a seasonally adjusted annual rate of 631,000. This is 5.3 percent (±17.1 percent)* below the revised May…

FHFA: House Price Index Up 0.2 Percent in May 2018

U.S. house prices rose in May, up 0.2 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI).  The previously reported 0.1 percent increase in April was revised upward to 0.2 percent. The FHFA monthly HPI is calculated using home sales price information from mortgages…

HUD: $144 Million Awarded to Revitalize Five Severely Distressed Neighborhoods

Federal investments expected to generate more than $1 billion in neighborhood reinvestment U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced five communities across the country will receive a combined $144 million to redevelop severely distressed public or assisted housing and to revitalize surrounding neighborhoods. Provided through HUD’s Choice Neighborhoods Initiative, these grants,…

HUD and Census Bureau: Residential Construction Activity Report for June 2018

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 June 2018. Building Permits: Privately owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,273,000. This is 2.2 percent (±1.2 percent) below the revised…

HUD: $243 Million Disaster Recovery Plan Approved for U.S. Virgin Islands

Funding will target housing, infrastructure and economic development U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced he is approving a disaster recovery plan to help citizens in the U.S. Virgin Islands to recover from Hurricanes Irma and Maria. In November, HUD allocated $243 million to the U.S. Virgin Islands to…

HUD: $616 Million Florida Disaster Recovery Plan Approved

Funding will target housing, infrastructure and economic development recovery WASHINGTON – U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced he is approving a disaster recovery plan to help Floridians recover from Hurricane Irma.  In November, HUD allocated $616 million to the Sunshine State to support long-term recovery efforts. The Florida…

HUD: Winners of 2018 Healthy Homes Awards Announced

Model programs in Baltimore, MD, Fort Collins, CO, Milwaukee, WI, and a Research Study Earn HUD Secretary’s Award The U.S. Department of Housing and Urban Development (HUD) and the National Environmental Health Association (NEHA) are pleased to announce the winners of the 2018 HUD Secretary’s Award for Healthy Homes, an award recognizing excellence in making…

HUD: $5 Billion Texas Disaster Recovery Plan Approved

Funding will target long-term housing, infrastructure and economic development recovery U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today approved a disaster recovery plan to help Texans recover from Hurricane Harvey. In November, HUD Deputy Secretary Pamela Hughes Patenaude announced the allocation of more than $5 billion to the Lone Star State…

FHFA: House Price Index Up 0.1 Percent in April 2018

U.S. house prices rose in April, up 0.1 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI).  The previously reported 0.1 percent increase in March was revised upward to 0.2 percent. The FHFA monthly HPI is calculated using home sales price information from mortgages…