HUD: Small Communities Win Big with a $1 Million HUD Grant Program
Yesterday, the U.S Department of Housing and Urban Development (HUD) announced a Notice of Funding Opportunity (NOFO) of $1 million through the HOPE VI Main Street Program. This grant program provides assistance to smaller communities in the development of affordable housing that is undertaken in connection with a Main Street revitalization effort. “The beauty of this…
HUD: More Than $148 Million in Supplemental Funding Announced for Multifamily Assisted Housing Property Owners to Combat COVID-19
Owners of properties participating in Multifamily assisted housing programs can apply for reimbursement of costs for property improvements and other measures that protect residents from COVID-19. The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced today that it is opening a new application period for COVID-19 Supplemental Payment (CSP) funding. This…
HUD: Secretary Fudge to Host Virtual “House Party – Let’s Talk About the House” to Support Millennial and Gen Z Pathways to Homeownership
Event to Help and Dispel Common Myths in Homebuying, Amplify Federal Homebuying Programs The U.S. Department of Housing and Urban Development’s (HUD) Secretary Marcia L. Fudge will hold a virtual ‘House Party’ to share information on available federal resources and bust common myths around the homebuying process. This event is to help encourage young adults…
HUD: First Round of Funding through New Rapid Response Program Deployed to Address Homelessness in Areas Hit by Disaster
Initial Allocation of $6.8 Million to Florida and Seven of the State’s Localities Today, U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge will travel to Orlando, Florida, where she will announce the first round of funding allocations through the department’s new Rapid Unsheltered Survivor Housing (RUSH) program, a rapid response program…
HUD: $84 Million Awarded to Help End Youth Homelessness
Grants to support innovative housing programs in 17 communities The U.S. Department of Housing and Urban Development (HUD) today awarded $83.7 million to build systems to end youth homelessness in 17 local communities, including 6 rural communities. The funding was awarded through HUD’s Youth Homelessness Demonstration Program (YHDP) to support a wide range of housing…
HUD: More than $15 Billion in Construction Investment Facilitated by Rental Assistance Demonstration
Significant achievement represents investments in construction, rehabilitation, and preservation of affordable rental homes over nine-year period. The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs (HUD) is announcing today that construction investment for affordable housing preservation through the Rental Assistance Demonstration (RAD) program has surpassed $15 billion since the program’s…
HUD: FHA Proposes to Adjust Title I Manufactured Home Loan Program Loan Limits Annually
Consistent with the Biden-Harris Administration’s Housing Supply Action Plan, today’s proposed rule sets forth a methodology for regularly adjusting the limits on loans that finance manufactured homes titled as personal property. The Federal Housing Administration (FHA) is announcing today the publication of a proposed rule in the Federal Register to increase and index the loan limits for its Title…
HUD: $12.4 Million Loan Guarantee Announced for Baltimore, MD
Renovation and Expansion of a Historic Recreation Center Supported by Loan Guarantee The U.S. Department of Housing and Urban Development (HUD) today announced a $12.4 million loan guarantee for the renovation and expansion of the Chick Webb Recreation Center in East Baltimore, Maryland. The loan guarantee, offered through the Section 108 Loan Guarantee Program (Section 108),…
HUD: Important New Milestone Reached in American Rescue Plan’s Emergency Housing Voucher Program
“At HUD we are pleased that over 35,000 households have been averted from homelessness and have successfully leased their own rental housing thanks to our Emergency Housing Voucher Program. This marks a major step forward in our efforts to realize the ambitious goals we set when the program was established through the President’s American Rescue…
HUD: $5.7 Million in Research Grants Awarded to Reduce Housing-Related Health Hazards
Funding to improve methods to identify and control key residential hazards The U.S. Department of Housing and Urban Development (HUD) today awarded $5.7 million to seven universities and public health organizations to improve our understanding of the longer-term impact of housing interventions targeting lead and other residential hazards, such as from pests, injury hazards, and…