HUD ANNOUNCES LANDMARK SETTLEMENT TO EXPAND AFFORDABLE HOUSING AND OPPORTUNITY IN BALTIMORE COUNTY
The U.S. Department of Housing and Urban Development (HUD) today announced a settlement agreement with Baltimore County, Maryland to expand affordable housing in higher opportunity areas throughout the County. The settlement will serve as a catalyst to promote housing mobility and to assist the County and its surrounding areas in developing comprehensive affordable housing planning and strategies that address residential segregation
HUD AND CENSUS BUREAU ANNOUNCE NEW RESIDENTIAL CONSTRUCTION ACTIVITY IN FEBRUARY
The U.S. Department of Housing and Urban Development (HUD) and the Census Bureau jointly announced the following new residential construction statistics for February 2016
HUD AWARDS $1.6 BILLION FOR LOCAL HOMELESS PROGRAMS
U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro today awarded $1.6 billion in grants to provide funding to 6,400 local homeless housing and service programs across the U.S., Puerto Rico, Guam and the U.S. Virgin Islands.
HUD AWARDS $32 MILLION TO PROMOTE JOBS, SELF-SUFFICIENCY FOR PUBLIC HOUSING RESIDENTS
To help public housing residents find jobs and educational opportunities, the U.S. Department of Housing and Urban Development (HUD) today awarded nearly $32 million in grants to public housing authorities and non-profit organizations across the nation to hire or retain service coordinators to help residents achieve economic and housing independence. See list of funding by states below
HUD STREAMLINES RENT REGULATIONS
In an effort to reduce the administrative burden on state and local governments, public housing authorities and private owners of HUD-assisted multifamily properties, the U.S. Department of Housing and Urban Development (HUD) today posted on its website for advanced review a forthcoming new rule to ease its regulatory requirements under a number of the Department’s programs.
HUD AND CENSUS BUREAU REPORT NEW RESIDENTIAL SALES IN JANUARY
Sales of new single-family houses in January 2016 were at a seasonally adjusted annual rate of 494,000, 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 9.2 percent (±13.5%)* below the revised December rate of 544,000 and is 5.2 percent (±12.6%)* below the January 2015 estimate of 521,000.
HUD ANNOUNCES 2016 FINALISTS IN STUDENT AFFORDABLE HOUSING DESIGN AND PLANNING COMPETITION
The U.S. Department of Housing and Urban Development (HUD) announced today it has selected four student teams from universities across the country as the finalists in the Innovation in Affordable Housing Student Design and Planning Competition, a competition that seeks to encourage research and innovation in the areas of affordable housing design and planning. In April, one team from among these graduate student finalists will be chosen as the overall winner for having the best solution to redevelop the Monteria Village public housing development in Santa Barbara, California.
HUD TAKES POSSESSION OF ALEXANDER COUNTY HOUSING AUTHORITY
The U.S. Department of Housing and Urban Development (HUD) today announced that it is immediately taking possession of the Alexander County (IL) Housing Authority (ACHA). HUD is taking this action following a years-long pattern of financial and operational mismanagement, poor housing conditions, and alleged civil rights violations against the households the local housing authority was responsible for assisting
HUD MAKES $40 MILLION AVAILABLE FOR HOUSING COUNSELING GRANTS
The U.S. Department of Housing and Urban Development (HUD) today announced it is making $40 million in grants available to support hundreds of housing counseling organizations across the country that assist families, including those buying their first home, struggling to locate affordable rental housing or seeking to avoid foreclosure.
HUD AND CENSUS BUREAU ANNOUNCE NEW RESIDENTIAL CONSTRUCTION ACTIVITY IN JANUARY
The U.S. Department of Housing and Urban Development (HUD) and the Census Bureau jointly announced the following new residential construction statistics for January 2016
HUD SECRETARY JULIÁN CASTRO TO BEGIN PROSPERITY PLAYBOOK COMMUNITY TOUR
U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro launched the “Prosperity Playbook” community tour today in Kansas City, MO. The “Prosperity Playbook” will be a compilation of online resources written for and by state and local decision makers. This online toolkit will inform community planning and help local leaders think regionally about how to expand affordable housing opportunity and forge greater economic mobility in communities across the nation
HUD ALLOCATES MORE THAN $660 MILLION TO NATIVE AMERICAN COMMUNITIES TO SUPPORT AFFORDABLE HOUSING
The U.S. Department of Housing and Urban Development today announced more than $660 million in grant allocations to 587 Native American tribes in 35 states (see list below). Indian Housing Block Grant (IHBG) allocations are distributed each year to eligible Indian tribes or their tribally designated housing entities for a range of affordable housing activities.
HUD AWARDS $1.8 BILLION TO IMPROVE, PRESERVE NATION’S PUBLIC HOUSING
U.S. Department of Housing and Urban Development Secretary Julián Castro today announced HUD is allocating more $1.8 billion to public housing authorities in all 50 states, as well as the District of Columbia, Guam, Puerto Rico and the U.S. Virgin Islands to make needed capital improvements in their properties. See attached funding chart and view funding by public housing authority.
HUD AWARDS MORE THAN $55 MILLION FOR AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT IN NATIVE AMERICAN COMMUNITIES
the U.S. Department of Housing and Urban Development (HUD) announced $55.5 million to 75 Native American communities throughout the country to improve housing conditions and stimulate community development, including construction projects and local jobs for low- and moderate-income families. The grants are provided through HUD’s Indian Community Development Block Grant (ICDBG) Program, which supports a wide range of community development and affordable housing activities. See attached list of grantees and read individual project summaries.
HUD RELEASES PROPOSED 2017 BUDGET
The U.S. Department of Housing and Urban Development (HUD) today unveiled President Obama’s proposed HUD Budget for Fiscal Year 2017 which is focused on helping Americans to secure and maintain, affordable housing, ending homelessness, making our communities more resilient from natural disasters and protecting people from housing discrimination. HUD’s work is critical to the Administration’s efforts to strengthen communities, bolster the economy, and improve the quality of life of the American people
HUD PROPOSES TO EXEMPT RECREATIONAL VEHICLES FROM MANUFACTURED HOUSING STANDARDS
The U.S. Department of Housing and Urban Development today (HUD) announced a proposed rule to exempt certain recreational vehicles from HUD’s Manufactured Housing Procedural and Enforcement Regulations. HUD’s proposed rule seeks to revise the exemption for recreational vehicles that are not self-propelled and is based upon a recommendation from an advisory committee made up of manufactured housing producers, retailers, consumers and the general public.
HUD SECRETARY CASTRO AND GOOGLE FIBER ANNOUNCE FIRST PUBLIC HOUSING UNITS TO BE CONNECTED TO ULTRA HIGH SPEED INTERNET THROUGH CONNECTHOME INITIATIVE
Building on the Obama Administration’s goal to expand high speed broadband to all Americans, today, U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro and Google Fiber Vice President, Dennis Kish, announced that the West Bluff Townhomes in Kansas City, Missouri will be the first public housing development to be connected to Google Fiber’s ultra-high speed (gigabit speed, or up to 1000 mbps) internet through the ConnectHome Initiative.
HUD CONSIDERS NEW RULE ON “OVER INCOME” PUBLIC HOUSING RESIDENTS
The U.S. Department of Housing and Urban Development (HUD) today announced the agency is considering a new rule to ensure that individuals and families residing in public housing actually need housing assistance should their incomes grow well beyond the levels required for their initial admission. HUD is seeking public comment on methods to address ‘over-income’ public housing residents who continue to reside in public housing as other families wait for vacant units to become available
FHA ISSUES NEW MULTIFAMILY HANDBOOK
The Federal Housing Administration (FHA) today published a new consolidated handbook to guide lenders on underwriting all FHA-insured multifamily housing construction and rehabilitation transactions. FHA’s new MAP Guide offers a new operating manual for multifamily underwriting through the Multifamily Accelerated Processing program. Read FHA’s new updated MAP Guide.
HUD AND CENSUS BUREAU REPORT NEW RESIDENTIAL SALES IN DECEMBER
Sales of new single-family houses in December 2015 were at a seasonally adjusted annual rate of 544,000, 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 10.8 percent (±17.1%)* above the revised November rate of 491,000 and is 9.9 percent (±25.0%)* above the December 2014 estimate of 495,000.