Census Bureau: 2020 Housing Vacancy Survey Annual Statistics Released
The U.S. Census Bureau today released the 2020 Housing Vacancy Survey. These statistics provide vacancy rates, homeownership rates and characteristics of units available for occupancy for the United States, regions, states and the 75 largest metropolitan statistical areas. Data for all geographies are available both quarterly and annually. Homeownership rates are also tabulated by age of…
FHFA: COVID-19 Multifamily Forbearance Extended Through June 30, 2021
Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will continue to offer COVID-19 forbearance to qualifying multifamily property owners through June 30, 2021, subject to the continued tenant protections FHFA has imposed during the pandemic. The programs were set to expire March 31, 2021. “COVID-19 continues to…
FHFA: More than $1 Billion in Affordable Housing Funds Authorized
Largest amount ever disbursed to Housing Trust Fund and Capital Magnet Fund, more than double 2019 amounts FHFA Director Mark Calabria announced today that he has authorized the disbursement of $1.09 billion for Fannie Mae and Freddie Mac’s (the Enterprises) affordable housing allocations for 2020. This is the largest amount ever disbursed and more than…
CFPB: New Report Finds Over 11 Million Families at Risk of Losing Housing
Today, the Consumer Financial Protection Bureau (CFPB) issued a report that warns of widespread evictions and foreclosures once federal, state, and local pandemic protections come to an end, absent additional public and private action. Over 11 million families are behind on their rent or mortgage payments: 2.1 million families are behind at least three months…
HUD and Census Bureau: New Report on Residential Sales in January 2021 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 January 2021: New Home Sales Sales of new single-family houses in January 2021 were at a seasonally adjusted annual rate of 923,000. This is 18.1 percent (±20.0 percent)* above the revised December…
HUD: More Than $652 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 $652 million in Indian Housing Block Grant (IHBG) formula funding for eligible Native American Tribes and Tribally Designated Housing Entities (TDHEs) to carry out affordable housing activities in tribal communities. View a complete list of nearly 600…
Census Bureau: Household Pulse Survey Phase 3 Biweekly Data Released
The U.S. Census Bureau today released new data from the extension of the third phase of the experimental Household Pulse Survey. The extension includes intent-to-vaccinate and stimulus payment questions. The Household Pulse Survey is the result of an effort by the Census Bureau and other federal statistical agencies to document temporal trends in how individuals are experiencing…
HUD: $2.7 Billion Awarded to Improve, Preserve Nation’s Public Housing
Housing authorities will use funding to modernize housing for families, seniors The U.S. Department of Housing and Urban Development today awarded more than $2.7 billion in funding to nearly 2,900 public housing authorities (PHAs) in all 50 states, as well as the District of Columbia, Guam, Puerto Rico and the U.S. Virgin Islands to make…
FHFA: U.S. House Prices Rise 10.8 Percent over the Last Year; Up 3.8 Percent in the Fourth Quarter
U.S. house prices rose 10.8 percent from the fourth quarter of 2019 to the fourth quarter of 2020 according to the Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices were up 3.8 percent compared to the third quarter of 2020. FHFA’s seasonally adjusted monthly index for December was up 1.1 percent from November. “House prices nationwide recorded the…
HUD: Disaster Assistance Announced for Victims of Texas Severe Winter Storm
Foreclosure protections in place for homeowners in Presidentially Declared Major Disaster Areas The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for the State of Texas to provide support to homeowners and homebuyers in areas affected by the Severe Winter Storm. On February 19, 2021, President Biden…