HUD: New Grants Announced for Foster Youth to Independence Program
Nine States to Receive Nearly $100,000 in Vouchers, Brining Total to Over 600 Vouchers Since Inception U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced nearly $100,000 in the most recent round of grants for HUD’s Foster Youth to Independence (FYI) Initiative. Since the initiative was launched in June of 2019,…
HUD: National Healthy Homes Month Kicks Off
This year’s theme, “Healthy Housing for All” highlights the importance of safe and healthy living in your home, no matter your address. As families continue largely to shelter in place due to the coronavirus pandemic, the observance of June as National Healthy Homes Month is timely. Sponsored by the U.S. Department of Housing and Urban…
HUD: Nearly $120 Million Awarded to Tribes Across the Nation for Economic and Housing Development
111 projects will support economic and housing development for Native American Families This week, the U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson announced nearly $120 million in Indian Community Development Block Grant (ICDBG) awards to Tribes across the Nation. The ICDBG program provides funding to use in developing American Indian and Alaska Native…
HUD: FHA Announces Temporary Guidance for Insuring Single Family Homes in Forebearance
Temporary policy provides FHA insurance safeguards for borrowers and lenders Today, the Federal Housing Administration (FHA) announced a new, temporary policy that provides guidance for lenders to obtain FHA insurance endorsements on mortgages where the borrower has requested or obtained a COVID-19 forbearance. This policy will ensure that the safeguards of the FHA program continue to work…
HUD and Census Bureau: Findings of Rental Housing Finance Survey Released
Survey Finds Nearly Half of Rental Units are in Rental Properties with Four or Fewer Units Of the 48.2 million rental housing units, nearly 49 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…
Census Bureau: 2019 Characteristics of New Housing Report Released
The U.S. Census Bureau released today the 2019 Characteristics of New Housing Report, which provides annual statistics on the characteristics of new privately owned residential structures by census region. The report includes characteristics such as the number of bedrooms and bathrooms, the location of laundry facilities, the presence of a homeowner’s association, the buyer’s source of…
HUD: More than $75 Million in Fourth Wave of CAREs Act Funding Allocated to Assist People Living with Disabilities
Fourth wave of relief funds provides additional housing choice vouchers to public housing authorities Today, the U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson announced nearly $77 million in a fourth wave of CARES Act funding, supporting up to 8,300 additional vouchers. Provided through HUD’s Section 811 Mainstream Housing Choice Voucher Program, this…
HUD: FHA Extends Foreclosure and Eviction Moratorium; Remote Work Flexibilities for Lenders and Appraisers
Extensions Through June Provide Peace of Mind to Struggling Homeowners While Supporting New MortgageOriginations During COVID-19 Recovery Today, the Federal Housing Administration (FHA) announced an extension of its foreclosure and eviction moratorium through June 30, 2020, for homeowners with FHA-insured Single Family mortgages, while also supporting new FHA-insured mortgage originations through an extension of temporary policy flexibilities for lenders…
CFPB, FHFA & HUD Launch Joint Mortgage and Housing Assistance Website for Americans Impacted by COVID-19
To ensure homeowners and renters have the most up to date and accurate housing assistance information during the COVID-19 national emergency, today the Consumer Financial Protection Bureau (CFPB), Federal Housing Finance Agency (FHFA), and the Department of Housing and Urban Development (HUD) launched the new mortgage and housing assistance website https://www.cfpb.gov/housing. CFPB, FHFA and HUD are…
HUD: Third Wave of CAREs Act Funding Provides $1 Billion for Communities
Third wave of relief funding targeted for states and insular areas The U.S. Department of Housing and Urban Development Secretary Ben Carson today announced the allocation of a third wave in CARES Act coronavirus relief funding. This wave totaling $1 billion is through the Community Development Block Grant (CDBG) program. To date, HUD has provided over $3…