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…
HUD: Rental Assistance Demonstration Conversion Transaction Closed with the Housing Authority of Kansas City, MO to Create Mixed-Income Community
Transaction is final part of seven-phase Paseo Gateway redevelopment process The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing on February 25closed a Rental Assistance Demonstration (RAD) transaction with the Housing Authority of Kansas City, Missouri (HAKC) and Brinshore Development, to create 62 mixed-income homes at the new Sam Rodgers Place. Sam…
HUD: Over $2.4 Million Awarded to Fight Housing Discrimination Related to the Coronavirus Pandemic
Funds will support and promote fair housing nationwide The U.S. Department of Housing and Urban Development (HUD) announced today that it is providing $2,472,310 in American Rescue Plan (ARP) funding to help 11 HUD Fair Housing Initiatives Program (FHIP) agencies combat housing discrimination related to the COVID-19 pandemic. The funds, which are being awarded under…