“This achievement demonstrates HUD's commitment to partnering with small businesses and ensuring meaningful opportunities for the small business community to build America’s economy,” said HUD Secretary Marcia L. Fudge.
Read More »June’s Private Housing Building Permits Drop by 3.7%
HUD and the Census Bureau report that privately-owned housing units recorded an annual rate of 1,440,000 units in June, down from 922,000 reported year-over-year.
Read More »Biden Administration Issues Call for Action on Junk Fees in Rental Housing
The Biden Administration, along with HUD Secretary Marcia L. Fudge, is calling attention to the significant harm that rental housing junk fees cause to tenants and have outlined steps that the Administration is taking to curb these fees.
Read More »Homes Changing Hands at Slowest Pace in a Decade
The pandemic homebuying blitz between 2020 and 2021 has lowered the number of home sales nationwide to a decade-low of 14 in every 1,000 homes.
Read More »Legislation Introduced to Curb Predatory Practices in the SFR Marketplace
A new bill seeks to protect single-family affordable housing stock, while cracking down on large corporate investors by restricting tax breaks.
Read More »Annual U.S. Rent Growth Continued to Ease in May
While concerns surrounding affordability and economic uncertainty continue to slow overall homebuying activity, a new report from CoreLogic showed annual single-family rent growth returned to pre-pandemic rates in May.
Read More »Home Insurers Continue to Grapple With Changes in Weather Patterns
As population growth in catastrophe-prone regions such as Florida, California, and Texas continues, the geographic concentration risk that insurers face continues to compound, according to a new CoreLogic analysis.
Read More »Inventory Drops as Homes Sell for Near Record Highs
A record low number of homes for sale have propped up prices, increasing the average home sales price to near record highs.
Read More »Where Renters Are Getting the Most Bang for Their Buck
With an estimated 44 million U.S. households classified as renters, WalletHub examined the best and worst cities to rent, as experts revealed the factors needed to determine the most cost-effective areas to migrate to.
Read More »HUD Seeking Input on Improving Processes and Solutions
The Department has published a Request for Information asking the public how it can simplify programs and reduce burdens to increase access to its programs.
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