HUD: Loan Guarantee Announced for Laredo, TX Affordable Housing Rehabilitation Project
Today, the U.S. Department of Housing and Urban Development (HUD) announced a $4.1 million loan guarantee to the City of Laredo, Texas. The loan guarantee, offered through the Section 108 Loan Guarantee Program (Section 108), will be used to finance the Southern Hotel Affordable Housing Rehabilitation Project. The project will rehabilitate an existing historical building…
HUD: $15 Million Loan Guarantee Announced for Cleveland, OH Affordable Housing Rehabilitation Project
Today, the U.S. Department of Housing and Urban Development (HUD) announced a $15 million loan guarantee to the City of Cleveland, Ohio. The loan guarantee, offered through the Section 108 Loan Guarantee Program (Section 108), will be used to finance the construction of the Centennial Project in downtown Cleveland. Cleveland will use the Section 108…
HUD and Census Bureau: New Residential Sales Report for December 2022 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 2022: New Home SalesSales of new single‐family houses in December 2022 were at a seasonally adjusted annual rate of 616,000, according to estimates released jointly by the U.S. Census Bureau and…
HUD: Over $116 Million Announced to Public Housing Agencies for the Family Self Sufficiency Program
2022 Funding Helps HUD-Assisted Families Build Assets, Increase Stability The U.S. Department of Housing and Urban Development (HUD) today announced over $109 million to 682 Public Housing Agencies (PHAs)for the 2022 Renewal Family Self Sufficiency (FSS) Program and an additional $6 million to 32 PHAs and 38 Project Based Rental Assistance (PBRA) owners for the…
HUD: Expanded Support Proposed for Housing Counseling Services Tailored to the Needs of Tribal Communities
Proposed rule seeks to expand Tribal participation in HUD-approved housing counseling by removing unique impediments to counselor certification. The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling is announcing today that it published a proposed rule in the Federal Register outlining housing counselor certification requirements for housing counseling conducted in connection with the Indian Housing…
HUD: Over 100,000 Families & Individuals Housed through “House America” Homelessness Initiative
Milestone surpasses goal set by HUD Secretary Marcia L. Fudge and achieved by organizing leaders from 105 communities across 31 states and territories and the District of Columbia U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge today announced that states, municipalities, and tribes who joined House America have housed more than…
HUD: $5.5 Million in Funding Opportunity Announced for Hispanic Serving Institutions
The U.S. Department of Housing and Urban Development (HUD) announced that it will make available $5.5 million for Hispanic Serving Institutions (HSIs) to establish research Centers of Excellence (COEs) to conduct housing and community development research. This funding opportunity will help strengthen capacity and invest in innovative and actionable research to address issues regarding housing, economic development,…
HUD: New “Affirmatively Furthering Fair Housing” Rule Proposed to Root Out Longstanding Inequities in Housing and Foster Inclusive Communities
Rule expands upon HUD’s previous policy, implementing opportunities for transparency and accountability while bolstering economic equity for American families The U.S. Department of Housing and Urban Development (HUD) will imminently publish a Notice of Proposed Rulemaking in the Federal Register to fulfill the promise of the 1968 Fair Housing Act. The proposed rule aims to remedy the…
HUD: $568 Million Announced to Address Lead-Based Paint & Additional Housing-Related Hazards
In total, HUD has made more than $2.7 billion available to invest in healthy homes Today, the U.S. Department of Housing and Urban Development (HUD) announced two historic Notices of Funding Opportunities (NOFOs) that will make homes healthier and safer for low-income families. With this investment, since 1993, HUD has made more than $2.7 billion…
HUD: Step Announced Towards Addressing Bias in the Home Appraisal Process for People Seeking FHA Financing
A preview of the policy update is available for public feedback on FHA’s Drafting Table web page Today, at an event at the Brookings Institute, HUD Secretary Marcia L. Fudge announced that HUD, through the Federal Housing Administration, is creating a process that people seeking FHA financing can use to request a review of their appraisal…