HUD: $43 Million Offered to Support Housing Counseling
June is National Homeownership Month, a time to recognize the importance of homeownership to the U.S. economy and the benefits owning a home have on building household wealth for families. To support stable and sustainable homeownership, the U.S. Department of Housing and Urban Development (HUD) today announced it is making $43 million in grants available…
HUD: National Effort to Transform Public Housing into Book-Rich Environments Reaches One Million Books
In just its third year, a national campaign to promote literacy and a life-long love of reading has distributed one million books to children living in public housing. The Book-Rich Environments Initiative (BRE) is a collaboration aimed to transform public housing authorities (PHAs) into book-rich environments by providing diverse, high quality books and other literacy tools to…
HUD and Census Bureau: Report on New Residential Sales in April 2019
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 April 2019: New Home SalesSales of new single-family houses in April 2019 were at a seasonally adjusted annual rate of 673,000. This is 6.9 percent (±14.0 percent)* below the revised March rate…
HUD: Additional $1.9 Million Awarded to Promote Employment and Self-Sufficient for Public Housing Residents
The U.S. Department of Housing and Urban Development (HUD) today awarded an additional $1.9 million to six public housing authorities and non-profit organizations across the nation to hire or retain service coordinators to help residents find jobs and educational opportunities. See list of grant funding by state below. Last winter, HUD awarded $29 million to public…
HUD: GSA, HUD Issue Requests for Information for Phase II Centers of Excellence Work
The U.S. General Services Administration’s (GSA) Technology Transformation Services’ Centers of Excellence (CoE) and the U.S. Department of Housing and Urban Development (HUD) issued six Requests for Information (RFI) and their accompanying draft Request for Quotation (RFQ) to gather feedback related to the HUD Phase II work on Friday, May 17. With these RFIs, GSA…
HUD: $5 Million Offered for Carbon Monoxide Detectors in Public Housing
Funding Comes from Emergency Safety and Security Funding WASHINGTON – U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced $5 million will be made available for the purchase and installation of carbon monoxide (CO) detectors in public housing units where they are necessary. Provided through HUD’s Emergency Safety and Security Program, these funds represent…
HUD and Census Bureau: Residential Construction Activity Report for April 2019
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for April 2019. Building Permits Privately owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 1,296,000. This is 0.6 percent (±2.6 percent)* above the revised…
HUD: $1.5 Billion Awarded to Support Seven States in Their Recovery from 2018 Disasters
Disaster recovery funds to repair damaged housing, businesses and infrastructure The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $1.5 billion to support seven states in their recovery from major disasters that occurred last year, including Hurricane Michael, Hurricane Florence and devastating wildfires in California. These funds are provided through HUD’s Community Development…
HUD: $85 Million Awarded to Revitalize Three Low-Income Neighborhoods
Federal investments expected to generate more than $620 million in neighborhood reinvestment U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced three communities across the country will receive a combined $85 million to redevelop severely distressed public or assisted housing and to revitalize surrounding neighborhoods. Provided through HUD’s Choice Neighborhoods Initiative, these grants, and the…
HUD: FHA Proposes New Lender Certification Requirements
Effort designed to improve clarity and certainty of compliance rules, expand financing options for borrowers The Federal Housing Administration (FHA) today proposed several revisions to its lender certification requirements with the goal of providing lenders and servicers greater certainty in how to satisfy the agency’s compliance requirements. In providing greater certainty to the process, FHA…