HUD: $72 Million Announced for Funding Opportunity to Help Youth Experiencing Homelessness
Funding will support up to 25 communities in developing and implementing a coordinated community approach to preventing and ending youth homelessness. The U.S. Department of Housing and Urban Development (HUD) is making $72 million in Youth Homelessness Demonstration Program (YHDP) funding available to up to 25 communities nationwide. Funding will be utilized for developing and…
HUD and Census Bureau: New Residental Sales Report for February 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 February 2022: New Home SalesSales of new single‐family houses in February 2022 were at a seasonally adjusted annual rate of 772,000, according to estimates released jointly today by the U.S. Census Bureau…
HUD: PAVE Task Force Action Plan Unveiled with Wide-Ranging Set of Reforms to Advance Equity in Appraisals
Vice President Kamala Harris Announces Release of Plan During White House Event with Secretary Marcia L. Fudge, White House Domestic Policy Advisor Susan Rice, and Americans Impacted by Bias in the Appraisal Process FACT SHEET: PAVE Task Force Action Plan Key Findings WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced…
HUD: $3 Billion Announced to Advance Equitable Disaster Recovery and Build Climate Resilience
The U.S. Department of Housing and Urban Development (HUD) today announced the allocation of nearly $3 billion in Community Development Block Grant-Disaster Recovery (CDBG-DR) funds to help communities recover from disasters and build inclusive resilience to climate change. These allocations underscore HUD and the Biden-Harris Administration’s commitment to equitably improving the nation’s disaster recovery and…
HUD: Disaster Assistance Announced for Maine Disaster Survivors
The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance to supplement state, tribal, and local recovery efforts in the areas of Maine affected by a severe storm and flooding from October 30 to October 31, 2021. On March 15, President Biden issued a major disaster declaration for the counties…
HUD: FHA Insures $12 Million Mortgage for Urban Redevelopment of Affordable Multifamily Housing in Baltimore
Insurance endorsement provided by FHA supports affordable financing to create 87 rental homes throughout several lots The Federal Housing Administration (FHA) announced on March 17 the final endorsement and completed construction of a $12 million loan insured under FHA’s 221(d)(4) mortgage insurance program for Marshall Gardens in Baltimore, Maryland. The property was named after Thurgood…
HUD: $5 Million Loan Guarantee Announced for St. Johns County for Construction of Multipurpose Community Center
Loan guarantee will provide financing for the construction and planning costs, site development, and construction of a multipurpose community center and library facility. The U.S. Department of Housing and Urban Development (HUD) today announced a $5,075,000 loan guarantee to St. Johns County, Florida to help finance the construction of the Hastings Community Center and Library…
HUD: $1.1 Million Loan Guarantee Announced for Berks County to Renovate Commercial Building, Expand Business
Loan guarantee will provide financing for the rehabilitation and renovation of a commercial property that will retain current jobs and create new employment opportunities. The U.S. Department of Housing and Urban Development (HUD) today announced a $1,100,000 loan guarantee to Berks County, Pennsylvania to assist the Berks County Nonprofit Development Corporation (BCNDC) with the financing…
HUD: $2.6 Billion Awarded to Help People Experiencing Homelessness
The awards include approximately 7,000 renewed and new grants that will promote a community-wide commitment to the goal of ending homelessness. The U.S. Department of Housing and Urban Development (HUD) today announced over $2.6 billion in FY 2021 Continuum of Care (CoC) Competition Awards for roughly 7,000 local homeless housing and service programs across the…
HUD: Nearly $70 Million Announced to Deliver Equitable COVID-19 Relief to 49 Tribal Communities
Today’s Announcement Brings Total ICDBG-ARP Awards to Nearly $280 Million Across 240 Tribes The U.S. Department of Housing and Urban Development (HUD) today announced the award of nearly $70 million in Indian Community Development Block Grant-American Rescue Plan (ICDBG-ARP) grants to 49 Tribal communities to prevent, prepare for, and respond to the COVID-19 pandemic. This…