HUD: Nearly $5 Million Awarded for Revitalization Plans in Eleven Neighborhoods
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today awarded nearly $5 million to eleven communities to help create plans to redevelop severely distressed HUD assisted housing and revitalize neighborhoods. Funded through HUD’s Choice Neighborhoods program, these grants will help local leaders craft comprehensive, homegrown plans to revitalize and transform these neighborhoods. “Today’s…
Census Bureau: New American Community Survey 5-Year Estimates Released
Today the U.S. Census Bureau released new 5-year statistics. For the first time, data from the 2015-2019 American Community Survey (ACS) will allow users to compare three nonoverlapping sets of 5-year data: 2005-2009, 2010-2014 and 2015-2019. The ability to analyze separate datasets is important for identifying trends for small communities and geographies which is critical for…
HUD: Millions in Rental and Housing Assistance for Veterans in Need Announced
HUD-VASH vouchers to help veterans at-risk of homelessness The U.S. Department of Housing and Urban Development (HUD) today announced it is awarding $46 million in rental assistance and housing vouchers to help veterans at risk of experiencing homelessness. The supportive housing assistance is provided through the HUD-Veterans Affairs Supportive Housing (HUD-VASH) Program, which combines rental…
FHFA: Principal Deputy Director Adolfo Marzol to Retire
Senior Advisor for Regulation Chris Bosland will be Promoted to Principal Deputy Director The Federal Housing Finance Agency (FHFA) today announced that Principal Deputy Director Adolfo Marzol will retire on December 18, 2020. Chris Bosland, FHFA’s Senior Advisor for Regulation, will succeed Marzol as the Principal Deputy Director. “I cannot thank Adolfo enough for the…
Census Bureau: Household Pulse Survey Phase 3 Biweekly Data Released
The U.S. Census Bureau today released new data from the third 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…
FHFA: Foreclosure and REO Eviction Moratoriums Extended
Foreclosure moratorium applies to Enterprise-backed mortgages; eviction moratorium applies to Enterprise-owned properties Today, to help borrowers at risk of losing their home due to the coronavirus national emergency, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will extend the moratoriums on single-family foreclosures and real estate owned (REO)…
HUD: Recovery Housing Program to Aid Americans Recovering from Substance Abuse Launched
The pilot program would provide housing and stability to those who are currently in recovery from substance abuse disorder U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson announced the publication of the Notice for HUD’s pilot Recovery Housing Program (RHP). The program was authorized by the SUPPORT Act to provide stable, temporary housing…
FHFA: U.S. House Prices Rise 3.1 Percent in Third Quarter 2020; Up 7.8 Percent Over the Last Year
U.S. house prices rose 7.8 percent from the third quarter of 2019 to the third quarter of 2020 according to the Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices were up 3.1 percent in the third quarter of 2020. FHFA’s seasonally adjusted monthly index for September was up 1.7 percent from August. “House prices recorded their strongest quarterly…
HUD: Over $80 Million in Targeted Funding for Coronavirus Relief Announced
Mainstream Vouchers aid non-elderly populations with disabilities in response to, and recovery from, COVID-19 The U.S. Department of Housing and Urban Development (HUD) today made $86.85 million available to public housing agencies (PHAs) in the form of Mainstream funding vouchersto assist non-elderly populations impacted by Coronavirus. Mainstream Vouchers are administered using the same rules as other…
HUD: New Foster Youth Housing Vouchers Announced in 24 States
More than 1,000 Former Foster Youth Are Paving Their Own Way with a FYI Voucher U.S. Housing and Urban Development Secretary Ben Carson today announced $1.9 million for 235 former foster youth in the most recent round of grants for HUD’s Foster Youth to Independence (FYI) Initiative. Forty-three Public Housing Authorities (PHAs) in 24 states…