HUD: Public Health Commitment Strengthened with New Radon Policy and $3 Million in Grants for Testing and Mitigation
Departmental policy mandates radon consideration in environmental reviews; grants aimed at safeguarding public housing residents from the second-leading cause of lung cancer. The U.S. Department of Housing and Urban Development (HUD) announced today the publication of its Departmental Policy for addressing Radon in the Environmental Review Process. With this policy, HUD increases its commitment to radon…
HUD: Proposed Rule Published to Promote Economic Development in Underserved Communities
The Notice of Proposed Rulemaking for HUD’s Community Development Block Grant (CDBG) and Indian Community Development Block Grant Programs (ICDBG) would bolster economic and community development in underserved communities across the country. The U.S. Department of Housing and Urban Development (HUD) published a Notice of Proposed Rulemaking in the Federal Register to update regulations for…
FHFA: House Price Index Up 0.3 Percent in October 2023; Up 6.3 Percent from Last Year
U.S. house prices rose in October, up 0.3 percent from September, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 6.3 percent from October 2022 to October 2023. The previously reported 0.6 percent price increase in September was revised to a 0.7 percent increase. For the nine census divisions, seasonally…
HUD and Census Bureau: New Residential Sales Report for November 2023 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 November 2023: New Home Sales Sales of new single‐family houses in November 2023 were at a seasonally adjusted annual rate of 590,000, according to estimates released jointly today by the U.S. Census…
HUD: $174 Million Announced to Support Energy Efficiency and Climate Resilience for Thousands of Low-Income Households
Green and Resilient Retrofit Program grant and loan awards support improvements to HUD-assisted multifamily properties. As part of President Biden’s Investing in America agenda, a key pillar of Bidenomics, the U.S. Department of Housing and Urban Development (HUD) today announced it is awarding $173.9 million in new loans and grants under the Green and Resilient Retrofit…
HUD: Agency Closes 2023 with Historic Investments in Housing
Biden-Harris Administration and HUD mark milestones in first-time homeownership, taking on racial discrimination in housing, delivering rental assistance, and building climate-resilient homes, and advancing a more equitable housing finance system. When this Administration began, conditions were bleak. Amidst the COVID-19 pandemic, millions of Americans could not access quality, safe, and affordable housing options. Three years…
HUD: $10 Million Awarded to Help Vulnerable Families and Youth in Foster Care at Risk of Homelessness
Nationwide, Public Housing Authorities (PHAs) identify homeless or at-risk youth with a foster care history and families whose insufficient housing is the primary reason their children are in foster care. The U.S. Department of Housing and Urban Development (HUD) awarded today $10 million for over 600 vouchers to 13 public housing authorities nationwide, to identify youth…
HUD: January 2023 Point-in-Time Count Report for Homelessness Released
The U.S. Department of Housing and Urban Development (HUD) today released its 2023 Annual Homeless Assessment Report: Part 1: Point-in-Time Estimates, an annual snapshot of the number of individuals in shelters, temporary housing, and in unsheltered settings. The report found more than 650,000 people were experiencing homelessness on a single night in January 2023, a 12%…
HUD: $40 Million Funding Opportunity Announced to Expand Support Services for Seniors and Persons with Disabilities
Funding provides service coordinator staff that connect residents in affordable multifamily homes with vital resources The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced today that $40 million in funding is available to expand the supply of service coordinators who support seniors and persons with disabilities living in affordable…
HUD: In 2023, HUD Helped More Than 424,000 Households Connect to Homeless Support Servies, Exit or Avoid Homelessness
New Biden-Harris Administration programs and efforts are increasing the number of people who exit homelessness into permanent housing in the last two years From January 2023 through December 2023, the U.S. Department of Housing and Urban Development (HUD) is projected to serve 330,000 people through grants provided to homeless service organizations (Continuums of Care), an…