FHA/VA/HUD

A new Realtor.com poll has found that only three in 10 U.S. veterans realize they can buy a home with zero down. After the link, read more on a new campaign to help educate U.S. vets and servicemembers on the benefits of VA loans.

The FHA has removed a valuation roadblock to increase the availability and affordability of manufactured housing as part of the Biden Administration’s Housing Supply Action Plan. Here’s how that could impact the industry.

The FHA has released comprehensive guidance for the Home Equity Conversion Mortgage program to enhance delivery for seniors choosing to age in place in their own homes.

New action by the Department will broaden housing and neighborhood choices for more than 800,000 total households by giving families more choices and supporting more inclusive communities. Here’s why HUD Sec. Marcia Fudge said this action “helps realize a dream that has been deferred for too long.”

As record-high mortgage rates continue to hinder potential homebuyers nationwide, new home purchase activity weakened in September, according to the MBA's Builder Application Survey.

The new ADU policy will expand financing options for borrowers to bolster the supply of affordable housing and assist families in creating generational wealth.

The Department issues federal funds to support efforts community-driven efforts nationwide to end youth homelessness, and improve outcomes through secure, stable, and supportive housing.

“The Biden-Harris Administration and HUD are committed to building and preserving more housing, supporting small businesses, and strengthening communities,” said Secretary Marcia L. Fudge. “This loan guarantee will support projects in Nebraska and California that will transform their economies and communities.”

The Federal Home Loan Bank of San Francisco has released a package of recommendations for updating the housing ecosystem to close the racial homeownership and wealth gaps.

The U.S. Department of Housing and Urban Development has announced a new slew of grants totaling $160.1 million to non-profit organizations across the country, supporting the development of new or the redevelopment of affordable multifamily rental housing. The grants can also be used to fund ongoing project-based rental assistance for low-income senior citizens.