Tag Archives: Department of Housing and Urban Development (HUD)

The $3 billion in grants, awarded nationally, will fund over 7,000 projects. It represents the largest amount of annual federal funding provided through HUD’s Continuum of Care program in history.

The least affordable markets were Anaheim and San Francisco, where homebuyers with the typical local income would’ve needed to spend over 80% of their pay on monthly housing costs. Detroit and Pittsburgh were the most affordable.

In line with Hispanic Heritage Month, the Department of Housing and Urban Development has launched a new task force dedicated to empowering the Hispanic community and bridging disparities in housing, procurement, and housing practices.

The Department of Housing and Urban Development has funded an initial $18 million in grants to support energy efficiency and climate resilience in multifamily assisted housing properties as part of the Administration’s “Investing in America” agenda.

Grant sizes range from $654,507 for the Triangle J Council of Governments in North Carolina to $7,997,798 for the Michigan Department of Health & Human Services.

The latest thing caused by remote work has created a glut of unused office space, which the Department of Housing and Urban Development wants to study further as a future residential growth option through renovation and conversion to apartments or condos.

“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.

Secretary of the Housing and Urban Development has signed a memorandum of cooperation with their Japanese counterparts to jointly pursue innovations in housing policy, urban planning, and climate resilience.

“Overall credit performance remains solid for higher credit quality borrowers, but that is in an economy with unemployment rates below 4%,” Freddie Mac said in their report.

A new intelligence report written by Scott Giberson, Principal of Product Compliance for CoreLogic, puts some common misconceptions about flood insurance under the microscope.