New data from the Department reveals that more than 650,000 people experienced homelessness on a single night in January 2023, a 12% increase over 2022.
Read More »HUD Awards $25 Million to Seven Public Housing Agencies
HUD’s latest investment will boost access to housing vouchers for families by addressing barriers to equitable housing solutions in seven markets nationwide.
Read More »FHA Helped 765,000 Families Purchase Homes in FY 2023
The FHA has issued its Annual Report to Congress for fiscal year 2023, highlighting the impact of insurance premium reduction, assistance for approximately two million struggling homeowners, and support of underserved borrowers and communities.
Read More »FHA Revises Appraisal Requirements for Manufactured Homes
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.
Read More »HUD Issues New Guidance on Reverse Mortgages
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.
Read More »Biden Administration Unlocks Plan to Bolster U.S. Housing Supply
In a response to the lack of housing available to the nation’s homebuyers, the Biden Administration has issued guidance on new solutions to expand housing inventory affordability. Click through to find out what the government plans to do to support this initiative.
Read More »HUD Expands Housing Choice Voucher Program
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.”
Read More »FHA Amends Policy on Accessory Dwelling Units
The new ADU policy will expand financing options for borrowers to bolster the supply of affordable housing and assist families in creating generational wealth.
Read More »HUD Awards $60 Million to Address Youth Homelessness Nationwide
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.
Read More »HUD Awards $160M to Non-Profits
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.
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