HUD: $10 Million Made Available to Support New Homebuyers and Bridge Wealth Gap
First of its kind Notice of Funding Opportunity will support housing counseling services for prospective homebuyers in underserved communities. The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling has announced that $10 million in grant funding is available to eligible HUD-approved housing counseling agencies. These agencies will use the funding to prepare and…
HUD: Nearly $9 Million Announced to Support People Experiencing Homelessness in Florida through Disaster Recovery Program
Grants will be awarded to the state and six localities to support those living in an emergency shelter, transitional housing, or a place not meant for human habitation. The U.S. Department of Housing and Urban Development (HUD) awarded $8.7 million in Rapid Unsheltered Survivor Housing (RUSH) funding to the State of Florida and six localities…
HUD: Treasury & HUD Extend Initiatives to Finance the Construction and Rehabilitation of Affordable Rental Homes for Low-Income Families
Extension of risk-sharing initiative will create or rehabilitate more than 38,000 new rental homes over the next 10 years for low-income families, seniors, and persons with disabilities. Today, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury (Treasury) announced that they will indefinitely extend the Section 542(c) Housing Finance…
HUD: New Funding Actions Announced to Support Affordability for Manufactured Homes and Communities
HUD launches a first-of-its-kind federal funding opportunity of $225 million, alongside financing enhancements, to support owners of manufactured homes, ensure affordability, and revitalize communities. The U.S. Department of Housing and Urban Development (HUD) is announcing today a sweeping set of new actions that will increase the availability and affordability of manufactured homes, through new opportunities…
FHFA: $301 Million Announced for Affordable Housing Programs
Funds disbursed to Housing Trust Fund and Capital Magnet Fund Today, the Federal Housing Finance Agency (FHFA) announced that the Housing Trust Fund and Capital Magnet Fund will receive approximately $301 million for affordable housing initiatives from Fannie Mae and Freddie Mac (the Enterprises). “Affordable housing is one of the greatest challenges facing communities across…
FHFA: U.S. House Prices Rise 6.5 Percent Over Last Year; Up 1.5 Percent from the Third Quarter 2023
U.S. house prices rose 6.5 percent between the fourth quarter of 2022 and the fourth quarter of 2023, according to the Federal Housing Finance Agency (FHFA) House Price Index (FHFA HPI®). House prices were up 1.5 percent compared to the third quarter of 2023. FHFA’s seasonally adjusted monthly index for December was up 0.1 percent from November. “U.S. house prices increased…
HUD: CDC, EPA & HUD Announce Interagency Commitments to More Robust Collaboration on Addressing Risks of Exposures to Lead
Agreements Solidify Agencies’ Dedication to a Whole of Government Approach to Preventing Lead Poisoning The U.S. Department of Housing and Urban Development (HUD), the Environmental Protection Agency (EPA), and the Department of Health and Human Services (HHS) today announced two complementary agreements to further their “whole of government” approach to strengthen these agencies’ shared work…
HUD and Census Bureau: New Residential Sales Report for January 2024 Released
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 2024: New Home SalesSales of new single‐family houses in January 2024 were at a seasonally adjusted annual rate of 661,000, according to estimates released jointly today by the U.S. Census Bureau…
HUD: $14 Million Awarded to Help Homeless Veterans Find Permanent Housing
In an effort to help homeless veterans and their families find permanent housing, The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) awarded $14 million in HUD-Veterans Affairs Supportive Housing (HUD-VASH) vouchers to 66 Public Housing Agencies (PHAs) across the country for over 1,400 vouchers. Please see…
HUD: Nearly $4 Million Awarded to Study Innovative Ways to Boost Housing Supply Including Office-to-Residential Conversions
Funds will fill critical knowledge gaps, help local leaders leverage off-site construction, land use and zoning reforms, and office-to-residential conversions to meet their housing needs. The U.S. Department of Housing and Urban Development (HUD) announced nearly $4 million in awards to eleven grantees to support research that will fill crucial knowledge gaps and help build…