HUD: Access Opened to $5 Billion in American Rescue Plan Grants to Prevent and End Homelessness
The U.S. Department of Housing and Urban Development today issued the HOME-ARP Implementing CPD Notice, Requirements for the Use of Funds in the HOME-American Rescue Plan Program (“the Notice”). The new HOME-ARP notice is a critical step taken by HUD to expeditiously allow communities to begin accessing funds from the nearly $5 billion funds allocated from the…
HUD: $51 Million Announced in Funding Opportunities for Housing Counseling Agencies
Notice published today allows HUD-approved housing counseling agencies and intermediaries to apply for funding to maintain and expand critical services for the nation’s renters, homebuyers, and homeowners. The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling announced on Tuesday it is making $51 million in grants available through a Notice of Funding…
HUD: $10 Million Awarded to Public Housing Agencies for Emergency Safety and Security Improvements
U.S. Department of Housing and Urban Development (HUD) Deputy Secretary Adrianne Todman today announced that the Department is awarding $10 million to 55 Public Housing Authorities (PHAs) throughout the country to make needed capital improvements in public housing developments that serve to enhance safety and security for residents. View a complete list of housing authorities that…
HUD: Waivers Announced to Help New Jersey, New York Communities Respond to Remnants of Hurricane Ida
27 waivers offer flexibility to state and local partners The U.S. Department of Housing and Urban Development (HUD) today announced a package of 27 regulatory and administrative waivers aimed at helping communities in New Jersey and New York to accelerate their recovery from the remnants of Hurricane Ida. Today’s announcement, following the pattern of similar…
HUD: New Research on Increasing Affordable Housing Production and Preservation Released
Research Part of Biden-Harris Administration’s Effort to Increase Affordable Housing Supply The U.S. Department of Housing and Urban Development today released its latest research on innovative strategies being pursued by state and local governments to remove regulatory barriers to affordable housing and increase housing supply. “This research is a testament to the Biden-Harris Administration’s commitment…
FHFA: Additional Data Released on Enterprise Fair Lending and Housing Goals
Today, the Federal Housing Finance Agency (FHFA) released several sets of demographic data related to Fannie Mae and Freddie Mac’s (the Enterprises) fair lending and housing goals activities. The rate of homeownership for minority families in the United States continues to lag well behind the national average. Fair lending is central to the principles under…
FHFA: Equitable Housing Finance Plans for Fannie Mae and Freddie Mac Announced
Public input requested on how Enterprises can sustainably advance equitable housing finance Today, the Federal Housing Finance Agency (FHFA) is announcing that Fannie Mae and Freddie Mac (the Enterprises) will submit Equitable Housing Finance Plans to FHFA by the end of 2021. The Enterprises will update these plans annually. The plans will identify and address…
HUD: Cross-Agency Efforts Announced to Increase Affordable Housing Supply
Federal Finance Bank Risk-Sharing Program, Guidance for Affordable Housing Funding, Zoning Research Among HUD Actions in Administration-wide Agenda FACT SHEET: Biden-Harris Administration Announces Immediate Steps to Increase Affordable Housing Supply WASHINGTON – The Department of Housing and Urban Development (HUD) on Wednesday announced a series of actions it is taking as part of the Biden-Harris Administration’s…
FHFA: U.S. House Prices Rise 17.4 Percent over the Last Year; Up 4.9 Percent from First Quarter 2021
U.S. house prices rose 17.4 percent from the second quarter of 2020 to the second quarter of 2021 according to the Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices were up 4.9 percent compared to the first quarter of 2021. FHFA’s seasonally adjusted monthly index for June was up 1.6 percent from May. “During the second quarter, house…
HUD: Nearly $95 Million Awarded to Protect Families from Lead and Other Home Health and Safety Hazards
Funding will make low-income families’ homes safer and healthier The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $95 million to 28 state and local government agencies in 19 states to protect children and families from lead-based paint and other home health hazards. HUD is providing these grants through its Lead Based Paint…