HUD: $2.9 Million Awarded to 25 Tribes to Provide Housing for Native American Veterans Experiencing Homelessness
Tribal HUD-VASH to assist Native American Veterans The U.S. Department of Housing and Urban Development (HUD) today renewed $2.9 million in grants to 25 Tribes and tribally designated housing entities (TDHEs) that provide housing and supportive services to Native American Veterans who are experiencing or at risk of experiencing homelessness. The Tribal HUD-Veterans Affairs Supportive Housing…
HUD: $1 Million Awarded to Improve the Main Streets in Two Communities
Batesville, Arkansas and Thomas, Oklahoma to receive $500,000 grants to expand redevelopment efforts The U.S. Department of Housing and Urban Development (HUD) today is awarding $1 million to help build affordable housing in Arkansas and Oklahoma. The City of Batesville in Arkansas will receive a $500,000 grant to redevelop The Adler Building and the City…
HUD: Choice Neighborhood Planning Grants Awarded
Communities in Alabama, Nebraska, Georgia and New Jersey awarded planning grants Expanding on its commitment to help local communities redevelop severely distressed HUD assisted housing and revitalize neighborhoods, the U.S. Department of Housing and Urban Development (HUD) today awarded more than $5 million to four communities. Funded through HUD’s Choice Neighborhoods program, these grants will…
HUD and Census Bureau: Residential Construction Activity Report for August 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 August 2019. Building Permits Privately owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 1,419,000. This is 7.7 percent (±1.2 percent) above the revised…
CFPB: Policies Issued to Facilitate Compliance and Promote Innovation
First No-Action Letter Issued to HUD Housing Counseling Agencies The Consumer Financial Protection Bureau (Bureau) today issued three new policies to promote innovation and facilitate compliance: the No-Action Letter (NAL) Policy, Trial Disclosure Program (TDP) Policy, and Compliance Assistance Sandbox (CAS) Policy. The Bureau proposed the policies in 2018 and received public comments on each…
HUD: Agency Submits Housing Reform Plan to the President
Today, the Department of Housing and Urban Development (HUD) presented President Donald Trump with a plan for reforming the Nation’s housing finance system. Read HUD’s housing finance reform plan. On March 27, 2019, President Trump issued a Memorandum on Federal Housing Finance Reform, directing HUD and the Department of Treasury to craft the housing finance reform…
HUD: Housing Preservation Program Expanded to Include Senior Housing
Rental assistance demonstration will help house low-income seniors In an effort to preserve and improve critically needed affordable housing for low-income seniors, the U.S. Department of Housing and Urban Development (HUD) today announced a significant expansion of its Rental Assistance Demonstration (RAD) to facilitate capital investment in senior housing developments assisted through HUD’s Section 202 Supportive Housing…
HUD: FHA Strengthens Mortgage Relief Options to Help Homeowners Impacted by Major Disasters
When disasters strike, homeowners can fall behind in their mortgage payments as they struggle to recover from a major disaster. To help homeowners impacted by major disasters, the Federal Housing Administration (FHA) today announced it is expanding its foreclosure prevention options to allow borrowers in Presidentially Declared Major Disaster Areas (PDMDAs) with delinquent FHA-insured mortgages…
HUD: $75 Million Awarded to Help End Youth Homelessness
Nearly double the funding to support innovative youth housing programs in 23 communities The U.S. Department of Housing and Urban Development (HUD) is awarding $75 million to end youth homelessness in 23 local communities across the country, including eight rural areas. HUD’s Youth Homelessness Demonstration Program (YHDP) will help these communities to build local systems and will…
HUD: Program Requirements Released for CDBG-Mitigation Program
Mitigation rules to support nine states and five local communities The U.S. Department of Housing and Urban Development (HUD) today published the program requirements for the Department’s new Community Development Block Grant –Mitigation (CDBG-Mitigation) Program to nine states and five local communities. Read HUD’s notice. CDBG-Mitigation funds represent a unique and significant opportunity for grantees to use this…