HUD: Dr. Ben Carson Sworn in as HUD Secretary
WASHINGTON – Dr. Ben S. Carson, Sr. was sworn in today as the 17th Secretary of the U.S. Department of Housing and Urban Development (HUD). Vice President Mike Pence administered the oath of office with Secretary Carson’s wife Candy and granddaughter Tesora holding the bible. Secretary Carson will now lead a cabinet agency with approximately…
HUD: New Residential Sales in January 2017 Announced
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau today jointly announced the following new residential sales statistics for January 2017: NEW HOME SALES Sales of new single-family houses in January 2017 were at a seasonally adjusted annual rate of 555,000. This is 3.7 percent (±18.5 percent)* above…
HUD: New Residential Construction Activity in January Released
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the Census Bureau jointly announced the following new residential construction statistics for January 2017: BUILDING PERMITS Privately-owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 1,285,000. This is 4.6 percent (±2.0 percent) above the revised…
HUD: Disaster Assistance Announced for Louisiana Tornado Victims
WASHINGTON – U.S. Housing and Urban Development today announced HUD will speed federal disaster assistance to the State of Louisiana and provide support to homeowners and low-income renters forced from their homes due to severe storms, tornadoes, and straight-line winds. This week, President Trump issued a disaster declaration for Livingston and Orleans parishes. The President’s…
HUD: Grants Offered to Clean up Lead-Based Paint Hazards
WASHINGTON – The U.S. Department of Housing and Urban Development has announced that it is making grants available to help eliminate dangerous lead-based paint hazards from lower income homes in order to protect young children. Additionally, this funding will provide an opportunity for local communities to establish and support programs to control other housing-related health and…
HUD: New Residential Sales in December 2016 Report Released
WASHINGTON – Sales of new single-family houses in December 2016 were at a seasonally adjusted annual rate of 536,000, according to estimates released jointly today by the Department of Housing and Urban Development and the U.S. Census Bureau. This is 10.4 percent (±12.2%)* below the revised November rate of 598,000 and is 0.4 percent (±11.7%)*…
HUD: New Residential Construction Activity in December Announced
WASHINGTON – 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 December 2016: BUILDING PERMITS Privately owned housing units authorized by building permits in December were at a seasonally adjusted annual rate of 1,210,000. This is 0.2 percent (±1.8%)* below the…
HUD: $10 Million in “Sweat Equity” Grants Announced
WASHINGTON – U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro today awarded $10 million in “sweat equity” grants to four non-profit self-help housing organizations through HUD’s Self-Help Homeownership Opportunity Program (SHOP). This funding will create at least 539 affordable homes and significantly lower their purchase price for low-income buyers, who will contribute…
HUD: Final Rule Issued to Help Children Exposed to Lead Paint Hazards
WASHINGTON – In an effort to respond quickly when young children living in federally housing experience elevated levels of lead in their blood, the U.S. Department of Housing and Urban Development (HUD) today published a new rule lowering the Department’s threshold of lead in the child’s blood to match the more protective guidance of the…
HUD: $15 Million Announced to Test a New Approach to Help Low-Income Seniors Age in Place
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today awarded approximately $15 million to select owners of HUD-assisted senior housing developments to help their low-income senior tenants to age in their own homes and delay or avoid the need for nursing home care. HUD will cover costs related to hiring a full-time Enhanced…