HUD and Census Bureau: New Residential Sales Report for December 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 December 2021: New Home SalesSales of new single‐family houses in December 2021 were at a seasonally adjusted annual rate of 811,000, according to estimates released jointly today by the U.S. Census Bureau…
HUD: Notice Published to Extend Length of Housing Support to Foster Youth
The U.S. Department of Housing and Urban Development (HUD) on January 24, 2022, published a notice in the Federal Register implementing and providing guidance on the provisions of the Fostering Stable Housing Opportunities (FSHO) amendments as part of the Consolidated Appropriations Act of 2021. FSHO serves to help reduce the incidence of homelessness among former foster youth…
FHFA: House Price Index Up 1.1 Percent in November 2021; Up 17.5 Percent from Last Year
House prices rose nationwide in November, up 1.1 percent from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices rose 17.5 percent from November 2020 to November 2021. The previously reported 1.1 percent price change for October 2021 remained unchanged. For the nine census divisions, seasonally adjusted monthly house price…
HUD: Disaster Assistance Announced for Alaska Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance to supplement state and local recovery efforts in the areas of Alaska affected by severe storms, straight-line winds, flooding, landslides, and mudslides from October 29 to November 1, 2021. On January 15, President Biden issued a major disaster declaration for…
HUD: Disaster Assistance Announced for Tennessee Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance to supplement state and local recovery efforts in the areas of Tennessee affected by severe storms, straight-line winds, and tornadoes from December 10 to December 11, 2021. On January 14, President Biden issued a major disaster declaration for the counties…
HUD: FHA Real-Estate Owned Property Purchase Opportunities Expanded for Owner-Occupied Buyers
Expanded exclusive listing period increases priority purchase opportunities on HUD-owned single-family homes for owner-occupants, HUD-approved nonprofits, and governmental entities. The Federal Housing Administration (FHA) on Thursday announced it is increasing its exclusive listing period on certain HUD single-family real-estate owned (REO) homes to allow more time for owner occupants, HUD-approved nonprofit organizations, and governmental entities to submit…
HUD: Disaster Assistance Announced for Missouri Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance to supplement state and local recovery efforts in the areas of Missouri affected by severe storms, straight-line winds, and tornadoes on December 10, 2021. On January 11, President Biden issued a major disaster declaration for Bollinger, Dunklin, Iron, Madison, Pemiscot,…
HUD: Nearly $105 Million Awarded to Protect Low-Income Families from Home Health and Safety Hazards
Funding to make low-income families’ homes safer and healthier The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $104.7 million to 60 non-profit organizations, and state and local government agencies located in 29 states to protect children and families from home health hazards. HUD is providing these grants through its Healthy Homes…
HUD: Disaster Assistance Announced for Washington Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance to supplement state, tribal, and local recovery efforts in the areas affected by flooding and mudslides from November 13 to November 15, 2021. On January 5, President Biden issued a major disaster declaration for the counties of Clallam, Skagit, and…
HUD: Disaster Assistance Announced for Colorado Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in Colorado affected by straight-line winds and wildfires from December 30, 2021, and continuing. On January 1, President Biden issued a major disaster declaration to make Federal funding available to affected individuals in Boulder County, Colorado. Federal funding,…