FHFA: Fourth Quarter 2022 Foreclosure Prevention and Refinance Report Released
More than 6.7 million troubled homeowners helped during conservatorships The Federal Housing Finance Agency (FHFA) today released its fourth quarter 2022 Foreclosure Prevention and Refinance Report. The report shows that Fannie Mae and Freddie Mac (the Enterprises) completed 52,469 foreclosure prevention actions during the quarter, raising the total number of homeowners who have been helped…
HUD: $54 Million Awarded to 182 Grantees in 42 States to Fight Housing Discrimination
Ahead of anniversary of PAVE Action Plan, some grants empower organizations to test for appraisal bias and educate local communities The U.S. Department of Housing and Urban Development (HUD) today awarded $54 million to 182 fair housing organizations across the country under its Fair Housing Initiatives Program (FHIP). The grants will provide $28,200,000 to support the…
HUD: $6 Million Awarded to Improve the Safety and Health of Homes of Low-Income Families
Funds will reduce risks from radon and other hazards in homes The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $6 million to public housing agencies and a state housing authority to protect children and families from housing-related hazards, including radon exposure. HUD is awarding 10 grants to public housing agencies under…
HUD: Overhaul of Disaster Recovery Program Announced to Better Deliver for Impacted Communities
Announcement includes the creation of a new HUD office focusing on disaster recovery and $3.3 billion to help communities across the country recover, build resilience Today, the U.S. Department of Housing and Urban Development (HUD) announced an overhaul of the agency’s disaster recovery efforts to better serve communities who face the direct impacts of weather-related…
HUD: Fiscal Year 2024 Budget in Brief Released
Proposed budget would significantly invest in building affordable housing, expanding access to homeownership, redressing housing discrimination, enhancing household mobility, and ending homelessness Today, the U.S. Department of Housing and Urban Development (HUD) released details about its fiscal year 2024 budget request. Find the HUD FY24 budget at hud.gov/budget. On Thursday, March 9, the Biden-Harris Administration released the…
HUD: 2023 Innovative Housing Showcase Featuring Affordable Housing Solutions Scheduled for June
HUD to host third showcase on National Mall from June 9-11, 2023 U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge today announces that HUD will host the 2023 Innovative Housing Showcase on the National Mall from June 9 to 11, 2023. The Showcase is a public event to raise awareness of…
HUD: More than $794 Million Awarded for Affordable Housing Activities in Native American Communities
Funds support development and operation of low-income housing Today, the U.S. Department of Housing and Urban Development (HUD) announced more than $794 million in Indian Housing Block Grant (IHBG) formula funding for eligible Native American Tribes, Alaska Native Villages, and Tribally Designated Housing Entities (TDHEs) to carry out affordable housing activities in Tribal communities. Click here to…
FHFA: U.S. House Prices Rise 8.4 Percent over the Last Year; Up 0.3 Percent from the Third Quarter 2022
U.S. house prices rose 8.4 percent between the fourth quarters of 2021 and 2022, according to the Federal Housing Finance Agency (FHFA) House Price Index (FHFA HPI®). House prices were up 0.3 percent compared to the third quarter of 2022. FHFA’s seasonally adjusted monthly index for December was down 0.1 percent from November. “House price appreciation continued to wane in the…
FHFA: $545 Million Announced for Affordable Housing Programs
Funds disbursed to Housing Trust Fund and Capital Magnet Fund Today, FHFA announced that the Housing Trust Fund and Capital Magnet Fund will receive approximately $545 million for affordable housing initiatives from Fannie Mae and Freddie Mac (the Enterprises). “The need for more affordable housing has never been greater,” said Director Sandra L. Thompson. “A…
HUD: $5.6 Billion Awarded in Annual Grants for Affordable Housing, Community Development and Homeless Assistance
Funding will go to 1,200 communities through 2,400 grants to support the needs of families and individuals The U.S. Department of Housing and Urban Development (HUD) today announced $5.6 billion in funding will go to 1,200 communities through more than 2,400 grants to States, urban counties, insular areas, DC, Puerto Rico, and local organizations across…