HUD: Nearly $2 Billion Awarded in CARES Act Relief Funds Focusing on Communities with Higher Risk of Eviction
United States Department of Housing and Urban Development Secretary Ben Carson today announced the allocation of the remaining $1.988 billion in CARES Act funding for the Community Development Block Grant (CDBG) program. The allocation focuses funds towards places with households facing higher risk of eviction. To date, HUD has provided nearly $5 billion in CDBG funding nationwide…
Census Bureau: Household Pulse Survey Phase 2 Biweekly Data Released
The U.S. Census Bureau today released new data from the second phase of the experimental Household Pulse Survey. 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 business curtailment and closures, stay-at-home orders, school closures, changes in the…
HUD: Flexibilities Provided for Emergency Solutions Grants Program CARES Act Funds
Department working with states and local units of governments to aid vulnerable populations amid outbreak United States Department of Housing and Urban Development (HUD) Secretary Ben Carson today provided the additional requirements and flexibilities for the $3.96 billion provided to states and units of local government for the Emergency Solutions Grants Program under the CARES Act (ESG-CV)….
HUD: Localities Urged to Prevent Evictions by Using CARES Act Grant Funds
Rental assistance to prevent evictions is an allowable use of the $7 billion in HUD CARES Act funds Consistent with President Trump’s Executive Order “Fighting the Spread of COVID-19 by Providing Assistance to Renters and Homeowners”, the U.S. Department of Housing and Urban Development (HUD) has reiterated the Trump Administration’s commitment to minimize displacement and evictions resulting…
HUD: Georgia Commission on Equal Opportunity Joins the Fair Housing Assistance Program
The Department of Housing and Urban Development announced today that the Georgia Commission on Equal Opportunity (GCEO) is joining the Fair Housing Assistance Program (FHAP) as an Interim Certified agency. GCEO is a state-level fair housing enforcement agency and is the only organization of its type serving the state. HUD’s Fair Housing Assistance Program comprises…
HUD & Census Bureau: New Residental Sales Report Released for July 2020
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 2020: New Home Sales Sales of new single-family houses in July 2020 were at a seasonally adjusted annual rate of 901,000. This is 13.9 percent (±20.0 percent)* above the revised June…
FHFA: U.S. House Prices Up 5.4 Percent from Last Year; Rise 0.8 Percent in Second Quarter Despite COVID
U.S. house prices rose 5.4 percent from the second quarter of 2019 to the second quarter of 2020 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices were up 0.8 percent in the second quarter of 2019. FHFA’s seasonally adjusted monthly index for June was up 0.9 percent from May. “Home prices grew by 5.4 percent in the…
HUD: Guidance Issued for Coronavirus Relief Funds
Department working with states and local units of governments to aid vulnerable populations amid outbreak U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today provided guidance and additional flexibility to states and units of local government who are utilizing their existing federal disaster recovery funds to support low- and moderate-income persons and…
FHFA: 2021 Release Dates Announced for House Price Index
The Federal Housing Finance Agency (FHFA) today announced the FHFA House Price Index (HPI) will be released at 9 a.m. ET on the following Tuesdays in 2021: January 26: Monthly Index February 23: Quarterly and Montly Index March30: Monthly Index April 27: Monthly Index May 25: Quarterly and Monthly Index June 29: Monthly Index July 27: Monthly…
HUD and Census Bureau: Residential Construction Activity Report for July 2020 Issued
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for July 2020. Building Permits Privately owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,495,000. This is 18.8 percent (±1.1 percent) above the revised…