HUD: 2022 Annual Homeless Assessment Report Released
Biden-Harris Administration investments and actions prevented a spike in homelessness overall, and led to decreases in homelessness among Veterans, families, and youth Homelessness rose for individuals, people with disabilities who experience long-term homelessness, and people in unsheltered settings The U.S. Department of Housing and Urban Development (HUD) today released its 2022 Annual Homeless Assessment Report (AHAR)…
HUD: FHA Announces New Assistance Option to Help Senior Homeowners with Reverse Mortgages Impacted by COVID-19
New COVID-19 Home Equity Conversion Mortgage Property Charge Repayment Plan allows servicers to offer homeowners up to five years to repay past-due property charges. Today, the Federal Housing Administration (FHA) is announcing new flexibilities to help senior homeowners with FHA-insured Home Equity Conversion Mortgages (HECMs) who are behind on required property charge payments due to effects of…
HUD: Almost $14 Million Awarded to Local HIV/AIDS Housing Programs
Funding offers stable housing for individuals and families at risk of homelessness The U.S. Department of Housing and Urban Development’s (HUD) Office of HIV/AIDS Housing announced it will award more than $13 million in Housing Opportunities for Persons with AIDS (HOPWA) Permanent Supportive Housing (PSH) Renewal and Replacement Grants, which assist with tenant based rental…
HUD: Deputy Secretary Celebrates Seattle Exceeding House America Goals
Federal, city, and county partnership to House America is addressing homelessness with a Housing First approach U.S. Department of Housing and Urban Development (HUD) Deputy Secretary Adrianne Todman and U.S. Congresswoman Pramila Jayapal joined Seattle Mayor Bruce Harrell, King County Regional Homelessness Authority CEO Marc Dones, and other officials and housing advocates to mark significant progress in…
HUD: Improvements Announced to the Climate-Forward Housing Program
Rate Reduction Incentive Program Enhancements to Encourage Public Housing Agency Participation Today, the U.S. Department of Housing and Urban Development (HUD) is announcing updated guidance on the use and eligibility of the Rate Reduction Incentive (RRI). The RRI serves as a climate-friendly incentive program available to Public Housing Agencies (PHA) that encourages them to reduce their utility…
HUD: Policy Development & Research to Hold Quarterly Meeting to Discuss the Effects of Institutional Investors in the Housing Market
HUD Secretary Marcia Fudge Delivers Opening Remarks Today, December 6, 2022, the U.S. Department of Housing and Urban Development (HUD) Office of Policy Development & Research (PD&R) will hold its quarterly update meeting to discuss the issues around institutional investors and their impact on housing markets across the United States. The event will include pre-recorded…
HUD: $30 Million Awarded to Fund ROSS Service Coordinators to Support Needs of Public and Indian Housing Residents
Today, the U.S. Department of Housing and Urban Development awarded funding to hire and maintain Service Coordinators who will assess the needs of residents of conventional Public Housing or Indian housing in addition to coordinating available resources in the community. Service Coordinators assist residents of Public and Indian Housing to make progress towards economic and…
HUD: New FHA Single Family Title II Forward and Home Equity Conversion Mortgage Loan Limits for 2023 Announced
Today, the Federal Housing Administration (FHA) is announcing new loan limits for calendar year 2023 for its Single Family Title II forward and Home Equity Conversion Mortgage (HECM) insurance programs. Loan limits for most of the country will increase in the coming year due to house price appreciation during the first half of 2022, which is factored into the…
HUD: Modernization of Indian Home Loan Guarantee Program Proposed to Provide More Homeownership Opportunities for Native American Families
Today, the U.S. Department of Housing and Urban Development (HUD) announced the release of a proposed rule for the Section 184 Indian Home Loan Guarantee Program, which will modernize the program regulations and encourage homeownership opportunities in Indian Country. The proposed rule expands and revises the existing program regulations and will codify program requirements, while…
HUD and Census Bureau: 2021 Rental Housing Finance Survey Findings Released
Survey Finds Nearly Half of Rental Units are in Properties with Four or Fewer Units Of the 49.5 million rental housing units in the U.S., nearly 46 percent are located in rental properties of one-to-four units, according to the latest Rental Housing Finance Survey (RHFS) data released today by the U.S. Department of Housing and Urban Development…