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Home | Tag Archives: HUD

Tag Archives: HUD

HUD Secretary Vows to Make Greatest Use of Allotted Resources in 2015

home-protection

U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro said the Department will continue to focus on its top priorities in 2015 with the $45 billion budget allotted as part of the Consolidated and Further Continuing Appropriations Act of 2015, despite the lack of funding for some key HUD initiatives. Among those priorities are securing sustainable housing for American individuals and families, preserving rental house assistance for poor Americans, ending homelessness, protecting people from discrimination in housing, and helping neighborhoods become more resilient from natural disasters, according to a release from HUD.

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Report: FHA’s MMI Fund Has Grown By $21 Billion Over Last Two Years

money-four

In its annual report to Congress, the U.S. Department of Housing and Urban Development (HUD) announced on Monday that the Federal Housing Administration's Mutual Mortgage Insurance Fund has grown by $21 billion in the last two years and now has an economic value of $4.8 billion with a current capital ratio of 0.41 percent after being in the red two years ago.

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