HUD: 2019 Year in Review Highlighting Accomplishments Released
The U.S. Department of Housing and Urban Development (HUD) today released its 2019 Year in Review outlining the major accomplishments of the agency under Secretary Ben Carson. “The Trump Administration continues to deliver on its promise to create greater economic opportunity for low-income families and revitalize underserved communities,” said, Secretary Carson. “HUD is committed to doing its…
FHFA: House Price Index Up 0.2 Percent in October; Up 5.0 Percent from Last Year
U.S. house prices rose in October, up 0.2 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 5.0 percent from October 2018 to October 2019. The previously reported 0.6 percent increase for September 2019 was revised upward to 0.7 percent. For the nine census divisions, seasonally adjusted monthly…
Census Bureau: American Community Survey 2014-2018 5-Year Estimates Now Available
Today the U.S. Census Bureau released new 5-year estimates from the 2014-2018 American Community Survey (ACS). As part of the nationwide release of over 40 demographic topics, estimates profiling the 65 and older population are now available. Of the 3,142 counties in the United States, Sumter County, Fla., had the highest percentage of residents aged…
HUD: VA and HUD Announce Support to Help Homeless Veterans Find Permanent Homes
HUD-VASH voucher to provide housing for 3,302 veterans In a continuing effort to end veteran homelessness, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced $29.3 million to 216 local public housing agencies (PHAs) across the country to provide a permanent home to veterans experiencing…
HUD: Support Continues for Fifteen States and Four U.S. Territories Recovering from Major Disasters
The U.S. Department of Housing and Urban Development (HUD) today allocated over $2.3 billion to support the long-term disaster recovery process in hard-hit areas in fifteen states, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, American Samoa and the Commonwealth of the Northern Mariana Islands. This allocation today is supported through HUD’s Community Development Block Grant…
HUD: Request Issued for Information on Eliminating Regulatory Barriers to Affordable Housing
The U.S. Department of Housing and Urban Development (HUD) today published a Request for Information (RFI) seeking public comment on Federal, State, local, and Tribal laws, regulations, land use requirements, and administrative practices that artificially raise the costs of affordable housing development and contribute to shortages in America’s housing supply. This RFI is a request…
FHFA: House Prices Rise 1.1 Percent in Third Quarter 2019; Up 4.9 Percent from Last Year
U.S. house prices rose in the third quarter of 2019, up 1.1 percent according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 4.9 percent from the third quarter of 2018 to the third quarter of 2019. FHFA’s seasonally adjusted monthly index for September was up 0.6 percent from August. FHFA produces the nation’s only public,…
HUD: New Incentive Package Announced for Purchase or Rehabilitation of Single Family Properties in Opportunity Zones
FHA policy announcement will encourage purchase and rehabilitation of homes in distressed neighborhoods U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced that the Federal Housing Administration (FHA) will offer a new incentive for borrowers interested in rehabilitating homes in Opportunity Zones. FHA is effectuating this through an expansion of its Limited…
HUD: More than $130 Million Awarded to Provide Affordable Housing to People with Disabilities
The U.S. Department of Housing and Urban Development (HUD) today awarded $131.3 million to 325 local public housing authorities across the country to provide affordable housing to approximately 15,363 additional non-elderly persons with disabilities. Secretary Ben Carson made the national announcement during a visit to Detroit, Michigan. The Detroit Housing Commission received $597,629 to serve…
HUD and Census Bureau: Residential Construction Activity Report for October 2019
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 October 2019. Building Permits Privately owned housing units authorized by building permits in October were at a seasonally adjusted annual rate of 1,461,000. This is 5.0 percent (±1.7 percent) above the revised…