HUD recently announced the proposal of a new rule that would amend its already in place regulations on the equal participation of religious organizations in HUD programs, allowing different religious providers to apply for Federal funding without compromising their religious identity.
Read More »HUD Reviews Castro’s First Year of Progress Since His Secretarial Induction
During his first year as the nation's top housing official, Castro has made several policy changes with the intent of increasing opportunity for more Americans to obtain affordable, sustainable housing. Several of those changes are outlined in an announcement from HUD on Monday including helping families and individuals secure quality housing, ending homelessness, and offering housing opportunities to all Americans.
Read More »Republican Presidential Candidate Weighs In on Fair Housing Rule
Republican presidential candidate Ben Carson discusses how busing failed to address the lack of a racial utopia in America, but the Obama administration has recently implemented a new HUD rule that will "desegregate" housing.
Read More »June Residential Sales Volatile, But Still Strong
In June, new single-family home sales dropped below the rate in May, but remain strong on a year-over-year basis, according to HUD and the U.S. Census Bureau's joint release of their June New Residential Sales data on Friday.
Read More »HUD Offers Over $39 Million Toward Fighting Housing Discrimination
Under department's 2015 Fair Housing Initiatives Program Notice of Funding Availability, HUD outlined in a grant notice on Thursday that it is making $39.2 million available to fight housing discrimination. This year’s funding notice will also create six new types of grants that support fair housing capacity building, education, and outreach activities, as well as testing in rental and sales transactions.
Read More »Single-Family Building Permits Climb Higher in June; Starts & Completions Lower
The U.S. Census Bureau and HUD jointly announced today in a press release new residential construction statistics for June 2015 finding single-family building permits rose slightly, while housing starts and housing completions both declined.
Read More »Lawmakers Raise Concerns About FHA Lending Proposal
Prominent Democrats on the Senate Banking and House Financial Services Committees recently brought concerns about the a Federal Housing Administration lending proposal that could make it easier for lenders with a criminal history to continue accessing taxpayer-backed mortgage insurance.
Read More »Proper Oversight not Provided on HUD Indian Home Loan Guarantee Program
Federal housing officials that are in place to monitor and control thousands of government-backed loans worth millions of dollars have not handled these loans correctly for Native Americans. According to the Office of Inspector General (OIG) review for HUD's Office of Loan Guarantee (OLG) did not provide adequate oversight of the Section 184 Indian Home Loan Guarantee program, resulting in an increased overall risk to the program.
Read More »Senate Committee Approves HUD Appropriations Bill to Preserve Housing Assistance
The U.S. Senate Committee on Appropriations recently approved the FY2016 Transportation, HUD (THUD), and related agencies Appropriations Bill. The major goals of the bill is to increase the efficiency and affordability of federal housing programs and provide funding for transportation and infrastructure priorities, working within the guidelines of the Budget Control Act.
Read More »U.S. Single-Family Building Permits Climb Higher; Starts and Completions Decline
The U.S. Census Bureau and HUD jointly announced today in a press release new residential construction statistics for May 2015 finding building permits were up, while starts and completions saw slight decreases.
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