HUD: More Than $148 Million in Supplemental Funding Announced for Multifamily Assisted Housing Property Owners to Combat COVID-19
Owners of properties participating in Multifamily assisted housing programs can apply for reimbursement of costs for property improvements and other measures that protect residents from COVID-19. The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced today that it is opening a new application period for COVID-19 Supplemental Payment (CSP) funding. This…
HUD: Secretary Fudge to Host Virtual “House Party – Let’s Talk About the House” to Support Millennial and Gen Z Pathways to Homeownership
Event to Help and Dispel Common Myths in Homebuying, Amplify Federal Homebuying Programs The U.S. Department of Housing and Urban Development’s (HUD) Secretary Marcia L. Fudge will hold a virtual ‘House Party’ to share information on available federal resources and bust common myths around the homebuying process. This event is to help encourage young adults…
FHFA: House Price Index Down 0.7 Percent in August 2022; Up 11.9 Percent from Last Year
House prices fell nationwide in August, down 0.7 percent from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices rose 11.9 percent from August 2021 to August 2022. The previously reported 0.6 percent price decline in July 2022 remained unchanged. For the nine census divisions, seasonally adjusted monthly house price…
HUD: First Round of Funding through New Rapid Response Program Deployed to Address Homelessness in Areas Hit by Disaster
Initial Allocation of $6.8 Million to Florida and Seven of the State’s Localities Today, U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge will travel to Orlando, Florida, where she will announce the first round of funding allocations through the department’s new Rapid Unsheltered Survivor Housing (RUSH) program, a rapid response program…
HUD: $84 Million Awarded to Help End Youth Homelessness
Grants to support innovative housing programs in 17 communities The U.S. Department of Housing and Urban Development (HUD) today awarded $83.7 million to build systems to end youth homelessness in 17 local communities, including 6 rural communities. The funding was awarded through HUD’s Youth Homelessness Demonstration Program (YHDP) to support a wide range of housing…
HUD: More than $15 Billion in Construction Investment Facilitated by Rental Assistance Demonstration
Significant achievement represents investments in construction, rehabilitation, and preservation of affordable rental homes over nine-year period. The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs (HUD) is announcing today that construction investment for affordable housing preservation through the Rental Assistance Demonstration (RAD) program has surpassed $15 billion since the program’s…
HUD: Important New Milestone Reached in American Rescue Plan’s Emergency Housing Voucher Program
“At HUD we are pleased that over 35,000 households have been averted from homelessness and have successfully leased their own rental housing thanks to our Emergency Housing Voucher Program. This marks a major step forward in our efforts to realize the ambitious goals we set when the program was established through the President’s American Rescue…
HUD: $5.7 Million in Research Grants Awarded to Reduce Housing-Related Health Hazards
Funding to improve methods to identify and control key residential hazards The U.S. Department of Housing and Urban Development (HUD) today awarded $5.7 million to seven universities and public health organizations to improve our understanding of the longer-term impact of housing interventions targeting lead and other residential hazards, such as from pests, injury hazards, and…
HUD: Rental Assitance Demonstration Conversion Closed in Cookeville, TN to Support 48 New Affordable Rental Homes
Transaction with Highlands Residential Services is first phase of redevelopment effort to preserve almost 500 deeply affordable homes within growing area. The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing is announcing today that it recently closed a Rental Assistance Demonstration (RAD) transaction with Highlands Residential Services (HRS), the Housing Authority in…
HUD: $5 Million Funding Opportunity Announced to Support Housing and Infrastructure Investments in Disadvantaged Communities
The U.S. Department of Housing and Urban Development (HUD) today announced the availability of $5 million through the Thriving Communities Technical Assistance program. The Thriving Communities program will help strengthen local capacity to align transformational infrastructure projects funded by the Bipartisan Infrastructure Law with other crucial investments, such as affordable housing. “Affordable housing investments must…