HUD: After Halting Rapid Rise in Homelessness, Plan Announced to Reduce Homelessness 25 Percent by 2025
“All In” Is the Most Comprehensive Federal Plan to Systemically Prevent Homelessness and Address Racial and Ethnic Disparities in Homelessness Today, the Biden-Harris administration released a federal plan for ending homelessness in America that starts with the ambitious goal of reducing homelessness 25% by 2025. All In: The Federal Strategic Plan to Prevent and End Homelessness builds…
HUD: 2022 Annual Homeless Assessment Report Released
Biden-Harris Administration investments and actions prevented a spike in homelessness overall, and led to decreases in homelessness among Veterans, families, and youth Homelessness rose for individuals, people with disabilities who experience long-term homelessness, and people in unsheltered settings The U.S. Department of Housing and Urban Development (HUD) today released its 2022 Annual Homeless Assessment Report (AHAR)…
HUD: FHA Announces New Assistance Option to Help Senior Homeowners with Reverse Mortgages Impacted by COVID-19
New COVID-19 Home Equity Conversion Mortgage Property Charge Repayment Plan allows servicers to offer homeowners up to five years to repay past-due property charges. Today, the Federal Housing Administration (FHA) is announcing new flexibilities to help senior homeowners with FHA-insured Home Equity Conversion Mortgages (HECMs) who are behind on required property charge payments due to effects of…
HUD: Almost $14 Million Awarded to Local HIV/AIDS Housing Programs
Funding offers stable housing for individuals and families at risk of homelessness The U.S. Department of Housing and Urban Development’s (HUD) Office of HIV/AIDS Housing announced it will award more than $13 million in Housing Opportunities for Persons with AIDS (HOPWA) Permanent Supportive Housing (PSH) Renewal and Replacement Grants, which assist with tenant based rental…
HUD: Deputy Secretary Celebrates Seattle Exceeding House America Goals
Federal, city, and county partnership to House America is addressing homelessness with a Housing First approach U.S. Department of Housing and Urban Development (HUD) Deputy Secretary Adrianne Todman and U.S. Congresswoman Pramila Jayapal joined Seattle Mayor Bruce Harrell, King County Regional Homelessness Authority CEO Marc Dones, and other officials and housing advocates to mark significant progress in…
Census Bureau: More Than 19 Million Renters Burdened by Housing Costs
Over 40% (19 million) of renter households in the country spent more than 30% of their income on housing costs during the 2017-2021 period, according to new American Community Survey (ACS) 5-year estimates released today by the U.S. Census Bureau. Households spending more than 30% on housing costs, including rent or mortgage payments, utilities, and…
HUD: Improvements Announced to the Climate-Forward Housing Program
Rate Reduction Incentive Program Enhancements to Encourage Public Housing Agency Participation Today, the U.S. Department of Housing and Urban Development (HUD) is announcing updated guidance on the use and eligibility of the Rate Reduction Incentive (RRI). The RRI serves as a climate-friendly incentive program available to Public Housing Agencies (PHA) that encourages them to reduce their utility…
HUD: Policy Development & Research to Hold Quarterly Meeting to Discuss the Effects of Institutional Investors in the Housing Market
HUD Secretary Marcia Fudge Delivers Opening Remarks Today, December 6, 2022, the U.S. Department of Housing and Urban Development (HUD) Office of Policy Development & Research (PD&R) will hold its quarterly update meeting to discuss the issues around institutional investors and their impact on housing markets across the United States. The event will include pre-recorded…
HUD: $30 Million Awarded to Fund ROSS Service Coordinators to Support Needs of Public and Indian Housing Residents
Today, the U.S. Department of Housing and Urban Development awarded funding to hire and maintain Service Coordinators who will assess the needs of residents of conventional Public Housing or Indian housing in addition to coordinating available resources in the community. Service Coordinators assist residents of Public and Indian Housing to make progress towards economic and…
Census Bureau: New Report on States with the Highest Percentage of Vacancy Issued
The U.S. Census Bureau today released a new report showing the housing market tightened significantly after the 2009 foreclosure crisis, absorbing much of the excess vacancy it created. The report – Which States Have the Highest Percentage of Vacant Housing Units?– examines the variation in state vacancy rates. It uses the Current Population Survey’s Housing Vacancy…