FHFA: Final 2020 Housing Goals Performance Determinations Announced
Today, the Federal Housing Finance Agency (FHFA) announced the final determinations for Enterprise performance on the 2020 housing goals. During 2020, Fannie Mae met all of the single-family and multifamily housing goals. Freddie Mac met the single-family purchase goals for low-income families, very low-income families, and low-income areas, and all of the multifamily goals, but…
CFPB: DOJ and CFPB Put Landlords and Mortgage Servicies on Notice about Servicmembers’ and Veterans’ Rights
Joint letters remind landlords and mortgage servicers to adhere to the CARES Act and additional legal requirements under the Servicemembers Civil Relief Act The Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice (DOJ) issued two joint letters today regarding important legal housing protections for military families. One letter was sent to landlords and…
HUD: Additional Assistance Announced to Keep Foster Youth Housed
26 Public Housing Agencies are receiving over $1 million total to prevent homelessness faced by youth involved in the child welfare system The U.S. Department of Housing and Urban Development (HUD) on Thursday announced that over $1 million has been awarded to public housing agencies (PHAs) across the country to provide housing assistance to youth…
HUD: Nearly $13.2 Million Awarded to Protect Families from Lead and Other 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 $13.2 million to state and local government agencies located in 3 states to protect children and families from lead-based paint and home health hazards. The grants announced today emphasize the Biden-Harris Administration’s commitment to…
HUD: Disaster Assistance Announced for Kentucky Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in the Commonwealth of Kentucky affected by severe storms, straight-line winds, flooding, and tornadoes beginning on December 10, 2021, and continuing. On December 12, President Biden issued a major disaster declaration for the counties of Caldwell, Fulton, Graves,…
HUD: HHS and HUD Expand Partnership and New Housing and Services Resource Center Announced
Partnership will improve access to affordable, accessible housing and supportive services Today, the U.S. Department of Health and Human Services (HHS) and the U.S. Department of Housing and Urban Development (HUD) announced the expansion of a partnershipestablished earlier this year to improve access to affordable, accessible housing and the critical services that make community living possible. The partners also announced…
HUD: $41 Million Awarded in HOPWA Grants to Provide Housing to Low-Income Persons Living with HIV and Their Families
The U.S. Department of Housing and Urban Development’s (HUD) Office of HIV/AIDS Housing today announced it will award $41 million in Housing Opportunities for Persons With AIDS (HOPWA) competitive grants to 20 local governments and non-profit organizations through the HOPWA: Housing as an Intervention to Fight AIDS funding opportunity. “The importance of affordable housing and…
FHFA: U.S. House Prices Rise 18.5 Percent Over the Last Year; Up 4.2 Percent from the Second Quarter 2021
U.S. house prices rose 18.5 percent from the third quarter of 2020 to the third quarter of 2021 according to the Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices were up 4.2 percent compared to the second quarter of 2021. FHFA’s seasonally adjusted monthly index for September was up 0.9 percent from August. “House price appreciation reached its…
HUD: $10 Million Awarded to Boost Self-Help Homeownership Housing Opportunities
The U.S. Department of Housing and Urban Development (HUD) today announced the awarding of $10 million in Self-Help Homeownership Opportunity Program (SHOP) grants. The funds awarded will support three national and regional organizations in facilitating innovative homeownership opportunities to communities, especially low-income communities, through the provision of self-help housing. Three national and regional groups were…
HUD: $20 Million Awarded for Eviction Protection and Diversion
The U.S. Department of Housing and Urban Development (HUD) on Tuesday announced $20 million in inaugural grants from its Eviction Protection Grant Program, the first of its kind for the Department. These grants will be awarded to legal service providers to assist in providing legal assistance to low-income tenants at risk of or subject to…