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Tag Archives: HUD

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.

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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.

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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.

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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.

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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.

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