HUD: Over $24 Million Awarded to 57 Grantees to Fight Housing Discrimination
Today, the U.S. Department of Housing and Urban Development (HUD) announced the allocation of $24,195,749.33 from its $56 million FY 2023 budget to support 57 fair housing organizations across the nation through the Fair Housing Initiatives Program (FHIP). These funds are being directed to second and third year multi-year grantees of the Private Enforcement Initiative (PEI) to…
HUD: Updated Fair Market Rents Released and $113 Million in Affordable Housing Vouchers Available
Department increases Fair Market Rents by 12 percent on average across the U.S., releases vouchers to 36 states to help more families afford housing Today, the U.S. Department of Housing and Urban Development (HUD) announced two actions that together will enable more families to rent a healthy, stable home at an affordable cost: publishing Fair…
HUD: $128 Million Awarded to Tribal Communities for Construction of New Affordable Housing
Today, the U.S. Department of Housing and Urban Development (HUD) announced 22 awards totaling approximately $128 million for affordable housing investments in Tribal communities. HUD Secretary Marcia L. Fudge made the announcement today in Kenai, Alaska, where she presented $7.5 million to the Kenaitze-Salamatof to build 18 new housing units to increase the number of…
HUD: Regional House Parties Across the Country Scheduled to Increase Homeownership
Today, the U.S. Department of Housing and Urban Development (HUD) announced during the final week of the initiative HUD On the Road: August 2023, the agency is rounding out the month with their work around boosting homeownership through HUD House Parties across the country. “HUD on the Road” aims to make HUD more accessible, supporting those…
FHFA: U.S. House Prices Rise 3.0 Percent over the Last Year; Up 1.7 Percent from the First Quarter 2023
U.S. house prices rose 3.0 percent between the second quarters of 2022 and 2023, according to the Federal Housing Finance Agency (FHFA) House Price Index (FHFA HPI®). House prices were up 1.7 percent compared to the first quarter of 2023. FHFA’s seasonally adjusted monthly index for June was up 0.3 percent from May. “U.S. house prices appreciated at a slightly higher…
HUD: $138 Million Announced for Disaster Recovery in Alabama, California, and Georgia
Grants will be awarded to help communities recover, build resilience. Today, U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced the allocation of $138 million in Community Development Block Grant – Disaster Recovery (CDBG-DR) funds to provide additional help to communities recovering from three disasters, including California, Alabama, and Georgia. These…
HUD: Rapid Response Program Funding Announced to Support People Experiencing Homelessness in Maui
Grant will be awarded to state of Hawaii consisting of $1.3 million to help communities in Maui in wake of the wildfires. Today the U.S. Department of Housing and Urban Development (HUD) awarded $1.3 Million to the state of Hawai’i to support people experiencing homelessness – those living in an emergency shelter, transitional housing, or…
HUD and Census Bureau: New Residential Sales Report for July 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 July 2023: New Home Sales Sales of new single‐family houses in July 2023 were at a seasonally adjusted annual rate of 714,000, according to estimates released jointly today by the U.S. Census…
HUD: New Data Reports Show that Surge in Homelessness Was Averted During COVID-19 National Emergency
Two New HUD reports suggest that federal relief prevented a rise in evictions and homelessness during the pandemic. The U.S. Department of Housing and Urban Development (HUD) released new research and data showing that, despite historically high housing needs during the COVID-19 pandemic, rates of sheltered homelessness declined in 2021. HUD experts and independent research…
HUD: Changes Approved to Housing Choice Voucher Program to Accelerate Homelessness Solutions in Los Angeles
Today, the U.S. Department of Housing and Urban Development (HUD) approved requests by the Housing Authority of the City of Los Angeles and the Los Angeles County Development Authority to modify Housing Choice Voucher Program admissions requirements to expedite their efforts to help people experiencing homeless. “HUD is committed to supporting every community’s effort to…