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…
HUD: First-of-its-Kind Report to Congress on the Housing Needs of Survivors of Human Trafficking Released
Department provides assessment of housing needs for trafficking survivors experiencing homelessness or housing instability Today, the U.S. Department of Housing and Urban Development (HUD) released a report that assesses the availability and accessibility of housing and services for individuals experiencing homelessness or housing instability who are survivors of trafficking or at risk of being trafficked….
FHFA: 2024 Generative AI in Housing Finance TechSprint Announced
The Federal Housing Finance Agency (FHFA) today announced its second TechSprint, an in-person team-based problem-solving event hosted by its Office of Financial Technology. FHFA’s Generative Artificial Intelligence (AI) in Housing Finance TechSprint will bring together technology, regulatory, housing, and consumer finance experts to identify use cases (or specific scenarios) and associated control measures to support…
HUD: HUD Cares Tour Launches to Highlight Key Agency Milestones
This campaign will be comprised of a multi-city tour to showcase the agency’s accomplishments. Today, the Department of Housing and Urban Development officially launched the HUD Cares Tour, a multi-city tour that will highlight the agency’s key milestones and accomplishments since the beginning of the Biden-Harris administration as well as priorities for 2024. “Over the…
HUD: Ginnie Mae Hosts Inaugural U.S.-Latin America Investor Roundtable
On Thursday, March 14, 2024, Ginnie Mae hosted its inaugural U.S.-Latin America Investor Roundtable at the U.S. Department of Housing and Urban Development headquarters in Washington, D.C. With support from the Inter-American Development Bank (IDB), the event brought together more than 150 in-person and virtual participants from throughout Latin America and the Caribbean to discuss…
HUD: For the First Time in 15 Years, FHA Increases Loan Limits to Expand Financing for Manufactured Homes
Newly increased loan limits for Title I Program supports the Biden-Harris Administration’s efforts to increase the supply and use of manufactured homes as an affordable housing source. Today, the Federal Housing Administration (FHA) announced new loan limits for its Title I Manufactured Home Loan Program. The increased amounts use new methodologies for calculating and updating the program’s limits,…