Tag Archives: Affordable Housing

With approximately $73.3 billion earmarked for HUD in 2024, the Department would make an investment in building affordable housing, expand access to homeownership, and address housing discrimination.

President Biden’s proposed fiscal year 2024 budget would significantly invest in building affordable housing, expand access to homeownership, combat housing discrimination, and enhance household mobility.

The U.S. Department of Housing and Urban Development has announced funding will go to 1,200 communities through 2,400 grants to support the needs of families and individuals.

The GSE reported a Q4 loss in revenue, with a $12.9 billion annual net income and $1.4 billion fourth quarter 2022 net income, with net worth reaching $60.3 billion.

HUD Secretary Marcia L. Fudge has surpassed her original goal of housing homeless individuals and was achieved by organizing leaders from 105 communities across 31 states and territories and the District of Columbia.

In order to further the principles of fair housing, the Biden-Harris Administration has announced new actions to increase fairness in the rental market.

New York Governor Kathy Hochul lays out a plan to build 800,000 more homes over the next decade.

HUD has announced a grant that will help provide permanent affordable housing to non-elderly persons with disabilities, helping them live independently as self-sufficient members of their communities.

A new HUD proposed rule aims to increase homeownership opportunities for Native American families by providing a federal guarantee on qualifying loans in the event of default.

Prepare for these three distressed disposition trends as the housing market downshifts and we enter 2023.