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HUD

U.S. Department of Housing and Urban Development (HUD) is the nation’s housing agency committed to increasing homeownership, particularly among minorities; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development, and enforces the nation’s fair housing laws.

Contact:

Brian Sullivan
(202) 708-0685

New Report Discusses Libyan Economy and Governance Problems, Recommending a Framework for Rebuilding

The alarming security, economic, and political trends in Libya are currently a critical issue for the international community. Despite some progress toward establishing a unified government and against the growing presence of the Islamic State, or IS, in Libya, the country faces an extraordinarily difficult rebuilding effort. While Libya’s problems are legion, establishing a single government and creating a more secure environment are the first orders of business.

HUD AND CENSUS BUREAU REPORT NEW RESIDENTIAL SALES IN JUNE

Sales of new single-family houses in June 2016 were at a seasonally adjusted annual rate of 592,000, according to estimates released jointly today by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. This is 3.5 percent (±23.9%)* above the revised May rate of 572,000 and is 25.4 percent (±27.9%)* above the June 2015 estimate of 472,000.

HUD AWARDS MORE THAN $52 MILLION TO PROTECT CHILDREN AND FAMILIES FROM DANGEROUS LEAD...

To protect children and families from the hazards of lead-based paint and from other home health and safety hazards, The U.S. Department of Housing and Urban Development (HUD) today awarded more than $52.6 million in Lead Based Paint Hazard Control grants to 23 local and state government agencies (see chart below).

FHA TO INSURE MORTGAGES ON CERTAIN PROPERTIES WITH PACE ASSESSMENTS

In order to enable homeowners seeking clean energy technologies in their homes to leverage a range of financing options, the Federal Housing Administration (FHA) today announced guidance that makes clear the circumstances under which it will insure mortgages on properties that include Property Assessed Clean Energy (PACE) assessments. FHA will now approve purchase and refinance mortgage applications in states that treat PACE obligations as special assessments similar to property taxes

HUD AWARDS $75 MILLION TO HELP LOW-INCOME RESIDENTS RECEIVE JOB TRAINING AND EMPLOYMENT

The U.S. Department of Housing and Urban Development (HUD) today awarded $75 million to help families living in public housing and those participating in HUD’s Housing Choice Voucher Program connect with services to further their education, find good jobs, and to set them on a path to self-sufficiency. Read more about the local impact of the grants announced today.

COMCAST AND THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT COLLABORATE TO CLOSE THE...

Comcast and the U.S. Department of Housing and Urban Development’s (HUD) ConnectHomeinitiative took an historic step to close the digital divide in America. Now, public housing and HUD-assisted residents living in Comcast’s service area are eligible to apply forInternet Essentials, the company’s high-speed internet adoption program for low-income families. Including homes covered by Comcast’s pilot public housing expansion announced in March, an estimated total of up to 2 million HUD-assisted homes, including Public Housing, Housing Choice Voucher, and Multifamily programs, will now have access to low-cost internet service.

2016 HUD SECRETARY DESIGN AWARD WINNERS ANNOUNCED

The U.S. Department of Housing and Urban Development (HUD) and the American Institute of Architects (AIA) today announced four model housing developments in California, Illinois, Texas and Washington State are the recipients of the 2016 HUD Secretary's Housing and Community Design Award. Each of these developments are recognized for excellence in affordable or accessible housing design.

HUD AWARDS $24 MILLION TO RENEW SUPPORT TO 25 LOCAL HIV-AIDS HOUSING PROGRAMS

The U.S. Department of Housing and Urban Development announced $24 million in grants to assist more than 1,200 low-income persons living with HIV/AIDS and their families annually. These grants provide a combination of housing assistance and supportive services for this vulnerable population

HUD AWARDS $5 MILLION TO REWARD LOCAL HOUSING AUTHORITIES WORKING TO END VETERAN HOMELESSNESS

The U.S. Department of Housing and Urban Development (HUD) today awarded more than $5 million to 42 local public housing authorities across the country that are working aggressively to end veteran homelessness. HUD is awarding additional funds to help these housing authorities administer a joint program with HUD and the U.S. Department of Veterans Affairs (VA) which provides permanent homes and needed services to veterans experiencing long-term, chronic homelessness (see local funding below)

FHA ANNOUNCES MOST SIGNIFICANT IMPROVEMENTS TO DATE FOR DISTRESSED NOTES SALES PROGRAM

The U.S. Department of Housing and Urban Development (HUD) announced today that it is making a series of enhancements to the Department's Distressed Asset Stabilization Program (DASP) that would have purchasers of severely delinquent mortgages offer qualified borrowers principal reductions and protection from "payment shock." Certain families with distressed mortgages insured by the Federal Housing Administration (FHA) may soon be eligible for a reduction of their outstanding loan amounts should their mortgages be sold through DASP

NEARLY 6,000 HOUSEHOLDS IN 28 METRO AREAS PARTICIPATING IN RIGOROUS HUD STUDY ON HOMEBUYER...

The U.S. Department of Housing and Urban Development (HUD) today published early findings from a rigorous, large-scale, random assignment study on the benefits that housing education and counseling provides to first-time homebuyers. Early results from The First-Time Homebuyer Education and Counseling Demonstration are encouraging and suggest homebuyer education and counseling may lead to favorable results for first-time homebuyers in terms of mortgage literacy and preparedness, homebuyer outcomes, and loan performance.

HUD & DOJ AWARD $8.7 MILLION TO PREVENT AND END HOMELESSNESS

For many individuals convicted of minor crimes, finding jobs and decent housing is so challenging that many are at extreme risk of homelessness or reentering the criminal justice system. Today, the U.S. Department of Housing and Urban Development (HUD) and the Department of Justice (DOJ) awarded $8.7 million to address homelessness and reduce recidivism among this justice-involved population through the Pay for Success model. See list of grantees below.

HUD FINALIZES IMPROVED TRIBAL CONSULTATION POLICY; OFFERS PLAN TO ESTABLISH NEW TRIBAL ADVISORY COMMITTEE

The U.S. Department of Housing and Urban Development (HUD) announced today an improved Tribal Government-to-Government Consultation Policy and is seeking public comment on a plan to establish a newTribal Intergovernmental Advisory Committee. Together, these two actions will strengthen the framework of HUD’s relations with tribes.

HUD AND CENSUS BUREAU REPORT NEW RESIDENTIAL SALES IN MAY

1,000, according to estimates released jointly today by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. This is 6.0 percent (±12.8%)* below the revised April rate of 586,000 but is 8.7 percent (±14.6%)* above the May 2015 estimate of 507,000

HUD AWARDS $42 MILLION IN HOUSING COUNSELING GRANTS

The U.S. Department of Housing and Urban Development (HUD) today awarded more than $42 million in housing counseling grants to hundreds of national, regional and local organizations to help families and individuals with their housing needs and to prevent future foreclosures. HUD’s housing counseling grants and the additional funding they leverage will assist more than 1.4 million households find housing, make more informed housing choices, or keep their current homes. See list of all counseling agencies awarded funding today

HUD NAMES NEW MOVING TO WORK ADVISORY COMMITTEE

The U.S. Department of Housing and Urban Development (HUD) today named 15 persons to a new federal research advisory committee charged with offering independent advice to HUD on how to approach specific aspects of the seven-year expansion of the Department's Moving to Work (MTW) Demonstration.

HUD, HOUSING AUTHORITIES CELEBRATE FATHER’S DAY

To help celebrate Father's Day,the U.S. Department of Housing and Urban Development (HUD) is encouraging communities to support dads living in HUD assisted housing to stay connected with their children by participating in HUD's National Father's Day Initiative and hosting events to celebrate fatherhood and family.

HUD AND CENSUS BUREAU ANNOUNCE NEW RESIDENTIAL CONSTRUCTION ACTIVITY IN MAY

The U.S. Department of Housing and Urban Development (HUD) and the Census Bureau jointly announced the following new residential construction statistics for May 2016

HUD AWARDS $46.5 MILLION TO MAKE THOUSANDS OF HOMES SAFE FROM LEAD AND OTHER...

To protect children and families from the hazards of lead-based paint and other home health and safety hazards, the U.S. Department of Housing and Urban Development (HUD) today awarded $46.5 million in grants to 15 local and state governments (see chart below).

HUD ANNOUNCES NEW LEAD-SAFE HOMES, LEAD-FREE KIDS TOOLKIT

The devastating effects of lead poisoning are irreversible, and even low levels of lead in a young child’s blood can have long-term effects on their ability to learn and lead a productive life. To prevent these life-long effects and strengthen protections for families living in HUD-assisted housing, U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro today announced The Lead-Safe Homes, Lead-Free Kids Toolkit

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Affordable Housing Comes to U Street with the Funding of Portner...

On July 7th, the District of Columbia Housing Finance Agency (DCHFA) closed on the financing of an affordable housing development in one the District’s most sought after neighborhoods, the U Street Corridor. The Agency issued $27 million in short term DCHFA tax exempt bonds providing a portion of the funding for the acquisition of Portner Place and construction of Portner Flats (1440-1450 V Street, NW) located in Ward 1, one block west of The Frank D. Reeves Municipal Center at 14th and U Streets, NW

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CONSTRUCTION EMPLOYMENT RISES IN 39 STATES BETWEEN JUNE 2015 AND 2016,...

Construction employment increased in 39 states between June 2015 and June 2016, although half the states shed construction jobs between May and June, according to analysis of Labor Department data released today by the Associated General Contractors of America. Association officials said the flattening of monthly employment gains and losses indicates the urgency of beefing up programs to attract, train and retain construction workers.