Housing

HUD: Input Requested to Strengthen Domestic Manufacturing for Housing Infrastructure Projects

Public Feedback sought to enhance Build America, Buy America implementation, understand market readiness, and foster domestic supply chains in housing infrastructure development. Today, the U.S. Department of Housing and Urban Development announced a Request for Information (RFI) regarding infrastructure projects that receive Federal Financial Assistance (FFA) and are or will be subject to the Build…

HUD: HHS and HUD’s Accelerator Program Partner to Address Homelessness

HHS and HUD’s Accelerator Program will Help States Expand Services to Make it Easier for People with Complex Medical Needs to Get and Keep Stable Housing The U.S. Department of Health and Human Services (HHS) and Department of Housing and Urban Development (HUD) are announcing that eight states and the District of Columbia (DC) have…

HUD: New National Challenge Encourages Participation in Locating Homes and Businesses that Lack Internet Access

The challenge process in each state and territory will determine which locations are eligible for BEAD-funded projects Today, the U.S. Department of Housing and Urban Development (HUD) is encouraging affordable housing facilities to help states and territories determine where to direct grant funding to expand high-speed Internet access by participating in the BEAD challenge process….

Federal Reserve: New Paper Reexamines the Role of the CRA in Mortgage Supply and the U.S. Housing Boom

Abstract: Concerns have lingered since the 2007 subprime crisis that government housing policies promote risky mortgage lending. The first peer-reviewed evidence of a causal effect was published by the Review of Financial Studies in a paper (Saadi, 2020) linking the crisis to changes in the Community Reinvestment Act (CRA) in 1995. A review of that…

FHFA: House Price Index Up 0.3 Percent in November 2023; Up 6.6 Percent from Last Year

U.S. house prices rose in November, up 0.3 percent from October, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 6.6 percent from November 2022 to November 2023. The previously reported 0.3 percent price increase in October remained unchanged. For the nine census divisions, seasonally adjusted monthly price changes from…

HUD: $3.16 Billion in Homelessness Assistance Funding Awarded to Communities Nationwide

Grant awards to over 7,000 projects represent the largest amount of annual federal funding provided through HUD’s Continuum of Care program in history, expanding housing and services projects for people experiencing homelessness, including survivors of domestic violence, dating violence, stalking, and sexual assault The U.S. Department of Housing and Urban Development (HUD) announced nearly $3.16…

HUD: Over $39 Million Awarded to Protect Families from Home Health and Safety Hazards

Funding to make low-income families’ homes safer and healthier The U.S. Department of Housing and Urban Development (HUD) today awarded over $39 million to city, county, and Native American tribal governments, and non-profit organizations, in 15 states to protect children and families from home health hazards. HUD is providing these grants through its Healthy Homes…

HUD and Census Bureau: New Residential Sales Report for December 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 December 2023: New Home Sales Sales of new single‐family houses in December 2023 were at a seasonally adjusted annual rate of 664,000, according to estimates released jointly today by the U.S. Census…

Agenices Sign Joint Letter Asking Utility Companies to Make Energy and Water Usage Data Available for Multifamily Properties

Leaders at HUD, the DOE, and the EPA join forces to seek data that will facilitate green upgrades to the nation’s housing stock Today, the leaders of the U.S. Department of Housing and Urban Development (HUD), U.S. Department of Energy (DOE), and U.S. Environmental Protection Agency (EPA) announced a joint letter asking for the nation’s…

HUD: $150 Million in Funding Available to Tribal Communities for New Affordable Housing

Funds focus on new home construction in Tribal Communities. This past week, the U.S. Department of Housing and Urban Development (HUD) announced that it will make available $150 million in funding for affordable housing projects that benefit low-income families in American Indian and Alaska Native communities. “Strong investments in Tribal communities help ensure residents can…