HUD: Rental Assistance Demonstration Conversion Transaction Closed as Part of a Neighborhood Redevelopment Plan in Baltimore, MD
$27.8 million transaction with the Housing Authority of Baltimore City and the City of Baltimore includes the development of 93 new affordable rental homes and is part of the neighborhood redevelopment plan for Baltimore’s Perkins-Somerset-Oldtown community The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing on June 30, 2022 closed a Rental…
HUD: Rental Assistance Demonstration Conversion Closed with Miami-Dade County Public Housing & Community Development
$34.5 million construction investment transaction to renovate senior community of 240 homes at Haley Sofge is part of a five-project redevelopment, preserving and developing 1,055 units of affordable rental homes The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing on June 30, 2022 closed a Rental Assistance Demonstration (RAD) transaction with…
HUD and Census Bureau: New Residential Sales Report for May 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 May 2022: New Home Sales Sales of new single‐family houses in May 2022 were at a seasonally adjusted annual rate of 696,000, according to estimates released jointly by the U.S. Census Bureau…
HUD: Council on Foundations and HUD Announce Winners of 2022 Secretary’s Award for Public-Philanthropic Partnerships
This week, the U.S. Department of Housing and Urban Development (HUD) and the Council on Foundations (COF) announced the winners of the 2022 Secretary’s Award for Public-Philanthropic Partnerships.The Secretary’s Award for Public-Philanthropic Partnerships recognizes excellence in partnerships that have both transformed the relationships between the public and philanthropic sectors and led to measurable benefits in…
HUD: $4 Million Awarded to Public Housing Agencies to Protect Families from Potential Exposures to Radon
Funding will support radon testing and mitigation The U.S. Department of Housing and Urban Development’s (HUD) Office of Lead Hazard Control and Healthy Homes today awarded $4 million to nine public housing agencies (PHAs) to conduct radon testing and, as needed, radon mitigation in approximately 1,000 housing units. Where applicable, the funding will also support…
HUD: Over $22 Million Invested for Native Hawaiian Housing
The U.S. Department of Housing and Urban Development on Wednesday announced $22.3 million in Native Hawaiian Housing Block Grant (NHHBG) funding to support the Department of Hawaiian Home Lands (DHHL). This funding will support the housing needs of low-income Native Hawaiian families. “The State of Hawaii has the highest median home prices in the nation,…
HUD: Over $30 Million Made Available to State and Local Fair Housing Enforcement Partners
Funding to support and promote fair housing nationwide The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced it has allocated $30.1 million in noncompetitive funding for HUD’s state and local fair housing enforcement agencies across the country under its Fair Housing Assistance Program (FHAP). The FHAP is an intergovernmental partnership between the federal…
HUD: First-Ever Funding Opportunity for Coordinated Approaches to Address Unsheltered Homeless, Including Resources for Rural Communities, Announced
HUD Package Includes $322 Million, Including $54.5 Million Set-Aside for Rural Communities, For Permanent Housing, Supportive Services, And Other Costs Package Also Provides $43 Million To Fund Approximately 4,000 New Incremental Housing Choice Vouchers The Biden Administration through the U.S. Department of Housing and Urban Development (HUD) today released a first-of-its-kind package of resources to…
HUD: $16 Million Rental Assistance Demonstration Conversion Transaction Closed with the Columbus Metropolitan Housing Authority
CMHA will use RAD to preserve 142 affordable rental homes and develop 8 new affordable rental homes at Post Oak Station II The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing on Tuesday announced that it has closed a Rental Assistance Demonstration (RAD) transaction with the Columbus Metropolitan Housing Authority (CMHA) in…
HUD: $520 Million Announced to Protect Low-Income Households from Lead and Other Home Health and Safety Hazards
Secretary announces funding during visit to Pittsburgh, PA with Vice President Harris and EPA Administrator Regan U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge today announced that the Department is making available $520 million to state and local government agencies to protect children and families from lead-based paint and other home…