HUD: Over $30 Million Awarded to Fight Housing Discrimination
The U.S. Department of Housing and Urban Development (HUD) is announcing today the award of over $30 million to fair housing organizations across the country under its Fair Housing Initiatives Program (FHIP). The grants will support the efforts of national, state, and local fair housing entities working to address violations of the Fair Housing Act and…
HUD: HUD Commemorates National Fair Housing Month
Today, Adrianne Todman, Acting Secretary of the U.S. Department of Housing and Urban Development (HUD), released the following statement in commemoration of Fair Housing Month and the signing of the Fair Housing Act of 1968, which prohibits discrimination on the basis of race, color, national origin, religion, sex (including sexual orientation and gender identity), disability,…
HUD: Disaster Assistance Announced for California Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of California to assist supplement state, tribal and local recovery efforts in areas affected by a severe storm and flooding from January 21 to January 23, 2024. President Biden issued a major disaster declaration to affected individuals…
HUD: Disaster Assistance Announced for Alaska Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the Wrangell Cooperative Association to assist areas in the Tribal Nation’s affected by a severe storm, landslides, and mudslides on November 20, 2023. On March 15, 2024, President Biden issued a major disaster declaration. Effective immediately, HUD is:
HUD: Program to Promote Innovations in Housing Expanded
Moving to Work Program expansion enables communities to develop creative housing solutions and resident services. Today, U.S. Department of Housing and Urban Development (HUD) Acting Secretary Adrianne Todman announced the final cohort of Moving to Work (MTW) Demonstration program expansion after extensive collaboration with Congress, advocates, and industry groups. 14 selected housing agencies will evaluate…
HUD: $173 Million Announced to Make Homes More Energy Efficient and Climate Resilient for Low-Income Americans
Over half of Green and Resilient Retrofit Program funding has now been awarded to combat the climate crisis, advance environmental justice, and improve lives for residents in HUD-supported housing. The U.S. Department of Housing and Urban Development (HUD) today announced $173.8 million in new grant and loan awards under its Green and Resilient Retrofit Program (GRRP), bringing…
HUD: $17.7 Million Rental Assistance Demonstration Transaction Closed to Improve 100 Rental Homes in Cumberland, MD
Transaction preserves and rehabilitates affordable rental homes for seniors and persons with disabilities. Today, the U.S. Department of Housing and Urban Development’s Office of Multifamily Housing announced the recent completion of a Rental Assistance Demonstration (RAD) transaction with the Housing Authority of the City of Cumberland (HACC). Through the transaction, HACC will finance the preservation…
FHFA: House Price Index Down 0.1 Percent in January 2024; Up 6.3 Percent from Last Year
U.S. house prices fell in January, down 0.1 percent from December, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 6.3 percent from January 2023 to January 2024. The previously reported 0.1 percent price increase in December remained unchanged. For the nine census divisions, seasonally adjusted monthly price changes from…
HUD and Census Bureau: New Residential Sales Report Released for February 2024
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 February 2024: New Home SalesSales of new single‐family houses in February 2024 were at a seasonally adjusted annual rate of 662,000, according to estimates released jointly today by the U.S. Census Bureau…
FHFA: Q4 2023 Uniform Appraisal Dataset Aggregate Statistics with New Variables Released
The Federal Housing Finance Agency (FHFA) today published its 2023 fourth-quarter data for the Uniform Appraisal Dataset (UAD) Aggregate Statistics. The Data File and Dashboards also include new property characteristics and a new statistic. “As FHFA works to deter appraisal bias, responsibly modernize the appraisal process, and address valuation challenges in rural areas, today’s dataset…