HUD: New Report Highlights Unprecedented Homeownership Achievements
HUD’s efforts to reduce barriers to homeownership prove effective. Three years in review: increasing access to homeownership, supporting home retention through the pandemic, and addressing racial bias. When the Biden-Harris Administration and Secretary Fudge took office, Americans were facing numerous challenges, including the COVID-19 pandemic, a lack of affordable housing supply, and rapidly increasing home…
HUD: Housing Community Asked to Help Expand Access to Life-Saving Opioid Overdose Reversal Medications Like Naloxone
As part of President Biden’s Unity Agenda priority to beat the overdose epidemic, federal agencies are working with housing and support services providers to improve access to life-saving measures like naloxone, destigmatize substance use disorder, and promote recovery Today, the U.S. Department of Housing and Urban Development (HUD), White House Office of National Drug Control Policy…
HUD: Public Comment Period Extended by Nine Days for Proposed Rule to Remove Criminal Conviction Restrictions for Fair Housing Testers
The U.S. Department of Housing and Urban Development (HUD) announces that it will extend the public comment date for its Notice of Proposed Rulemaking that would remove criminal conviction restrictions for fair housing testers by 9 days, to January 11, 2024. To do this, HUD has submitted a notice to the Federal Register, which can…
HUD: DOE & HUD Announce New Partnership to Decarbonize U.S. Building Sector at COP28
HUD also becomes the 15th member of the U.S. Global Change Research Program (USGCRP) to advance climate research for communities facing greatest climate risks. Today, at the 28th U.N. Climate Conference (COP28), the U.S. Department of Housing and Urban Development (HUD) announced new initiatives to address the challenges posed by the climate crisis and ensure…
HUD: Free Energy and Water Benchmarking Service Launched for HUD-Assisted Multifamily Properties
New service funded under the Inflation Reduction Act furthers President Biden’s Investing in America agenda and promotes green investments in rental homes for low-income families The U.S. Department of Housing and Urban Development (HUD) today makes its Energy and Water Benchmarking Service available for properties participating in its Multifamily project-based rental assistance programs. This new, free service…
HUD: Proposed “30-Day Notice” Rule for Nonpayment of Rent Announced
Proposed rule would provide residents of public housing or in properties receiving project-based rental assistance 30 days notice to cure lease violations for nonpayment of rent The U.S. Department of Housing and Urban Development (HUD) will publish a Notice of Proposed Rulemaking in the Federal Register on Friday, December 1. If finalized, the rule would…
FHFA: U.S. House Prices Rise 5.5 Percent Over the Last Year; Up 2.1 Percent from the Second Quarter 2023
U.S. house prices rose 5.5 percent between the third quarter of 2022 and the third quarter of 2023, according to the Federal Housing Finance Agency (FHFA) House Price Index (FHFA HPI®). House prices were up 2.1 percent compared to the second quarter of 2023. FHFA’s seasonally adjusted monthly index for September was up 0.6 percent from August. “U.S. house price growth…
HUD and Census Bureau: New Residential Sales Report for October 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 October 2023: New Home Sales Sales of new single‐family houses in October 2023 were at a seasonally adjusted annual rate of 679,000, according to estimates released jointly today by the U.S. Census…
HUD: Agency Reiterates Role of Housing as a Social Determinant of Health and Critical to Advance Health Equity
Biden-Harris Administration takes new actions to address the root causes of health disparities and foster interagency collaboration to ensure that all Americans can live a healthier life The Biden-Harris Administration announced today the U.S. Playbook to Address Social Determinants of Health, a comprehensive set of actions to better social determinants of health (SDOH), which affect the…
HUD: Affordable Rental Homes in Newport News, VA Preserved and Rehabilitated
$6 million transaction supports revitalization and preservation of 40 affordable housing units for low-income residents The U.S. Department of Housing and Urban Development (HUD) announced today that it has closed a Rental Assistance Demonstration (RAD) transaction with the Newport News Redevelopment and Housing Authority (NNRHA) at Orcutt Townhomes. This transaction allows NNRHA to substantially rehabilitate…