FHFA: U.S. House Prices Rise 8.4 Percent over the Last Year; Up 0.3 Percent from the Third Quarter 2022
U.S. house prices rose 8.4 percent between the fourth quarters of 2021 and 2022, according to the Federal Housing Finance Agency (FHFA) House Price Index (FHFA HPI®). House prices were up 0.3 percent compared to the third quarter of 2022. FHFA’s seasonally adjusted monthly index for December was down 0.1 percent from November. “House price appreciation continued to wane in the…
FHFA: $545 Million Announced for Affordable Housing Programs
Funds disbursed to Housing Trust Fund and Capital Magnet Fund Today, FHFA announced that the Housing Trust Fund and Capital Magnet Fund will receive approximately $545 million for affordable housing initiatives from Fannie Mae and Freddie Mac (the Enterprises). “The need for more affordable housing has never been greater,” said Director Sandra L. Thompson. “A…
HUD: $5.6 Billion Awarded in Annual Grants for Affordable Housing, Community Development and Homeless Assistance
Funding will go to 1,200 communities through 2,400 grants to support the needs of families and individuals The U.S. Department of Housing and Urban Development (HUD) today announced $5.6 billion in funding will go to 1,200 communities through more than 2,400 grants to States, urban counties, insular areas, DC, Puerto Rico, and local organizations across…
HUD and Census Bureau: New Residential Sales Report Issued for January 2023
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 January 2023: New Home SalesSales of new single‐family houses in January 2023 were at a seasonally adjusted annual rate of 670,000, according to estimates released jointly today by the U.S. Census Bureau…
HUD: $12.9 Million Awarded to Prevent Homelessness Among Youth Transitioning Out of Foster Care
16 Public Housing Agencies in 9 States will use funding to keep Foster Youth Housed In an effort to help youth in foster care find affordable housing, the U.S. Department of Housing and Urban Development (HUD) awarded $12.9 million to 16 Public Housing Agencies (PHAs) in 9 states to provide housing assistance to young adults…
HUD: Over $38 Million Awarded to Protect Families from Home Health and Safety Hazards
Funding to make low-income families’ homes safer and healthier and create job opportunities for health housing practitioners Today, the U.S. Department of Housing and Urban Development (HUD) awarded over $38 million to city, county, and Native American tribal governments, and non-profit organizations in 17 states to protect children and families from home health hazards. HUD…
HUD: Local Goverments Invited to Request Thriving Communities Technical Assistance to Align Housing and Infrastructure Investments
Today, the U.S. Department of Housing and Urban Development (HUD) opened the portal for local governments to request technical assistance for its Thriving Communities technical assistance program. This funding will help local governments ensure housing needs are considered as part of their larger infrastructure investment plans, with a focus on disadvantaged communities. The Bipartisan Infrastructure…
HUD: FHA Seeks Input to Enhance Financing for Homes in Need of Rehabilitation
Request for Information published today seeks industry input on ways to enhance FHA’s 203(k) Rehabilitation Mortgage Insurance Program to support housing supply and affordability. Today, the Federal Housing Administration (FHA) published a Request for Information in the Federal Register seeking public comments on ways it can enhance its Single Family 203(k) Rehabilitation Mortgage Insurance Program. The 203(k)…
HUD: Nearly $315 Million Awarded in Historic Grants to Address Unsheltered and Rural Homelessness
The first of its kind package of grants and vouchers follows progress of 100,000 people and families housed and 40,000 housing units added to development pipeline by House America communities oday, the U.S. Department of Housing and Urban Development (HUD) is announcing the first set of communities to receive grants and vouchers to address homelessness…
HUD: Community Compass Technical Assistance and Capacity-Building Program Seeking Technical Assistance Providers
Today, the U.S. Department of Housing and Urban Development (HUD) is announcing the availability of at least $80,681,000 for the Community Compass TA Program and capacity-building activities for HUD’s customers. This program is focused on solving complex housing and community development challenges by equipping HUD customers with the knowledge, skills, tools, and systems to implement…