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Tag Archives: HUD

Presidential Hopeful Ben Carson Is Skeptical of the New Fair Housing Rule

The Fair Housing rule was intended to ensure that every person in America has the right to fair housing, regardless of their race, color, national origin, religion, sex, disability or familial status, HUD says. The final rule aims to provide all HUD program participants with clear guidelines and data they can use to achieve those goals.

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HUD Touts a Year of Progress Since Castro Became Secretary

During his first year as the nation's top housing official, Castro has made several policy changes with the intent of increasing opportunity for more Americans to obtain affordable, sustainable housing. Several of those changes are outlined in an announcement from HUD on Monday titled "Year of Progress: Delivering on the Promise of Opportunity."

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HUD Announces Final Rule to Further Fair Housing In HUD-Funded Communities

The final rule is the result of recommendations of a 2010 report from the Government Accountability Office; stakeholders and HUD program participants who had asked for clarification, technical assistance, better compliance, and more meaningful outcomes; and feedback from significant public input and comments received during the final rule's development.

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Freddie Mac Encourages Homebuyers to Utilize Housing Counselors

Counseling may reduce the risk of a first-time homebuyer becoming seriously delinquent by an average of 29 percent on affordable mortgages that required pre-purchase housing counseling, according to research from Freddie Mac. The study also found that one-on-one counseling, classroom counseling, and home study via the Internet, which are the three most common types of housing counseling, are equally effective.

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HUD Appropriations Bill Passes in Senate Committee

According to a press release from the committee, this action will make $55.65 billion in funds available for consideration by the Senate, a $1.88 billion increase from FY2015 and $7 billion below the amount the President Obama requested. The legislation provides $37.56 billion for HUD specifically, an increase of nearly $2 billion above the FY2015 enacted level and $3 billion below the President’s request.

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