An upcoming Senate Banking Committee hearing will discuss with a panel of experts the growth of artificial intelligence and how its usage in the housing marketplace will be regulated as AI continues to evolve at a rapid pace.
Read More »Housing Stock on the Rise Nationwide
The Census Bureau and HUD report that single-family housing completions rose month-over-month in December, boosting housing supply nationwide.
Read More »Lower Mortgage Rates Boosting Buyer Confidence
Mortgage rates continue to drop to close out 2023, a positive turn of events for potential buyers after 17 consecutive weeks with rates above the 7% mark.
Read More »HUD Reports the Nation’s Homeless Population on the Rise
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 »Proposed Bipartisan Legislation Seeks to Improve Housing Affordability
The Workforce Housing Tax Credit Act would help to close the homeownership gap by establishing a middle-income housing tax credit, which is estimated to finance approximately 344,000 affordable rental homes.
Read More »Congress Examines Governmental Barriers to Housing Affordability
The House Financial Services Committee recently gathered a panel of housing experts to analyze affordability challenges in the housing marketplace, with a focus on governmental barriers such as zoning policies that have exacerbated these issues.
Read More »HUD to Provide Aid to At-Risk Renters
A new proposed rule would provide residents of public housing or in properties receiving project-based rental assistance 30 days' notice to cure lease violations for nonpayment of rent.
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 »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.”
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