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Housing

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  • HUD launches Recovery Housing Program to aid Americans recovering from Substance Abuse

    U.S. Department of Housing and Urban Development launches Recovery Housing Program to aid Americans recovering from Substance Abuse | site |


    The pilot program would provide housing and stability to those who are currently in recovery from substance abuse disorder


    (Information contained in U.S. Department of Housing and Urban Development press release: November 24, 2020)

    Washington - U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson announced the publication of the Notice for HUD’s pilot Recovery Housing Program (RHP). The program was authorized by the SUPPORT Act to provide stable, temporary housing to individuals in recovery from a substance use disorder. RHP is funding 25 grantees, 24 states and the District of Columbia, whose age-adjusted rate of drug overdose deaths was above the national overdose mortality rate. “As a Nation, we need to remove the stigma associated with substance-use disorder, m
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  • HUD announces over 80 Million Dollars in Targeted Funding for Coronavirus Relief

    HUD announces over 80 Million Dollars in Targeted Funding for Coronavirus Relief

    U.S. Department of Housing and Urban Development announces over $80 Million in Targeted Funding for Coronavirus Relief | site |


    Mainstream Vouchers aid non-elderly populations with disabilities in response to, and recovery from, COVID-19


    (Information contained in U.S. Department of Housing and Urban Development press release: November 17, 2020)

    Washington - - The U.S. Department of Housing and Urban Development (HUD) today made $86.85 million available to public housing agencies (PHAs) in the form of Mainstream funding vouchers to assist non-elderly populations impacted by Coronavirus. Mainstream Vouchers are administered using the same rules as other housing choice vouchers but targeted to serve a special population to ensure residents of low income housing, including those with unique circumstances, receive necessary funding to protect their health and safety against COVID-19. “Recently, we have learned a great deal about Coron
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  • HUD Secretary Ben Carson announces new Foster Youth Housing Vouchers in 24 States

    HUD Secretary Ben Carson announces new Foster Youth Housing Vouchers in 24 States

    U.S. Department of Housing and Urban Development Secretary Ben Carson announces new Foster Youth Housing Vouchers in 24 States | site |



    More than 1,000 Former Foster Youth Are Paving Their Own Way with a FYI Voucher


    (November 17, 2020) - - Today the U.S. Department of Housing and Urban Development (HUD) published the following information:

    WASHINGTON, DC - U.S. Housing and Urban Development Secretary Ben Carson today announced $1.9 million for 235 former foster youth in the most recent round of grants for HUD's Foster Youth to Independence (FYI) Initiative. Forty-three Public Housing Authorities (PHAs) in 24 states will receive this funding to continue HUD's efforts to assist young adults transitioning out of foster care. See impact of local funding announced today. “Today, I am pleased to announce the Foster Youth to Independence Initiative has changed the lives of more than 1,000 young adults by helping them secure
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  • HUD Strengthens Manufactured Housing Safety and Affordability with Revised Payments for State Oversight Programs

    HUD Strengthens Manufactured Housing Safety and Affordability with Revised Minimum Payments for State Oversight Programs | site |


    Final rule published today provides more equitable HUD funding for State Administrative Agencies


    WASHINGTON - The Department of Housing and Urban Development (HUD) published today a final rule in the Federal Register which provides a revised structure for the payments HUD makes to states participating as State Administrative Agencies in the manufactured housing program. State Administrative Agencies in 33 states are fully or conditionally approved to carry out their manufactured housing oversight programs, and the majority of these states will see an increase in payments to administer their programs under the revised payment structure. “More than 22 million Americans have used manufactured homes as a means of attaining the stability and financial independence of homeownership, particularly in areas where housing aff...
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  • HUD's Rental Assistance Demonstration generates more than 10 Billion Dollars in Construction Activity to preserve Affordable Housing

    U.S. Department of Housing and Urban Development's Rental Assistance Demonstration generates more than $10 Billion in Construction Activity to preserve Affordable Housing | site |


    (November 12, 2020) - - On November 12, 2020 the U.S. Department of Housing and Urban Development (HUD) published the following information:

    WASHINGTON - Today, the U.S. Department of Housing and Urban Development announced a major milestone for the Rental Assistance Demonstration (RAD) program, which has now facilitated more than $10 billion in capital investment since the program’s inception to improve or replace 140,000 public housing units – the majority of which house extremely low-income families, seniors, and persons with disabilities. Read more about RAD’s $10 billion milestone. Today, RAD is leveraging $12.57 for every dollar of public housing funding appropriated by Congress, significantly expanding the ability of local public housing authorities (PHAs) to improve
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  • Federal Housing Administration proposes Private Flood Insurance Option for Single Family Mortgages

    Federal Housing Administration proposes Private Flood Insurance Option for Single Family Mortgages | site |


    (November 10, 2020) - - In a press release dated November 10, 2020, the U.S. Department of Housing and Urban Development (HUD) published the following information:

    WASHINGTON - The Federal Housing Administration (FHA) today published a proposed rule on its website that highlights a proposal to allow a private flood insurance option instead of insurance through the National Flood Insurance Program (NFIP), when flood insurance is required by FHA. The proposed changes would allow lenders to begin accepting private flood insurance policies for single family insured loans for homes located in Federal Emergency Management Agency-designated Special Flood Hazard Areas (SFHAs), consistent with similar provisions in use by other industry participants. “Our proposal would expand the options for obtaining flood insurance, rather than continuing to lock
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  • FEMA says Wildfire Survivors Must Apply To Extend Time For FEMA Rental Assistance

    FEMA says Wildfire Survivors Must Apply To Extend Time For FEMA Rental Assistance

    Federal Emergency Management Agency says Wildfire Survivors Must Apply To Extend Time For FEMA Rental Assistance| site |



    (November 9, 2020) - - On November 9, 2020 the Federal Emergency Management Agency (FEMA) published the following information: SACRAMENTO, Calif. – Wildfire survivors who received an initial rental assistance award may be eligible for an extension of that after two months but must request it. Many individuals and households who had to move after their homes were damaged or lost due to August/September wildfires in 13 counties have been receiving help from FEMA paying rent on temporary alternative housing. The counties are Butte, Lake, Lassen, Monterey, Napa, San Mateo, Santa Clara, Santa Cruz, Solano, Sonoma, Trinity, Tulare and Yolo. Two weeks after a household initially receives rental assistance, FEMA mails them a letter or an application for an extension. Anyone currently receiving temporary housing assistance who has not received a l...
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  • VA Partnership helps secure Permanent Housing for more than 4,000 formerly Homeless Veterans

    Department of Veterans Affairs Partnership helps secure Permanent Housing for more than 4,000 formerly Homeless Veterans | site |


    (October 30, 2020) - - On October 30, 2020 the U.S. Department of Veterans Affairs published the following information:

    WASHINGTON — The U.S. Department of Veterans Affairs (VA) announced today their partnership with Veterans Matter has helped more than 4,000 Veterans exit homelessness and move into permanent housing since 2012.

    The U.S. Department of Housing and Urban Development and VA’s Supportive Housing program, known as HUD-VASH, works with Veterans Matter to help Veterans experiencing homelessness and who qualify for rental subsidies to cover the cost of security deposits. “Collaborations with organizations like Veterans Matter is fundamental to achieving our goal of ending homelessness among Veterans,” said VA Secretary Robert Wilkie. “We celebrate the more than 4,000 Veterans that have stable hous
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  • HUD Awards 9.4 Million Dollars in Research Grants to Reduce Housing-related Health Hazards

    U.S. Department of Housing and Urban Development Awards $9.4 Million in Research Grants to Reduce Housing-related Health Hazards| site |


    Funding to improve methods to identify and control key residential hazards


    (October 26, 2020) - - Today, October 26, 2020, the U.S. Department of Housing and Urban Development published the following information:

    WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today awarded $9.4 million to 13 universities and public health organizations to improve our understanding of the longer term impact of housing interventions targeting lead and other residential hazards and improve methods to identify and control residential health hazards such as pests, injury hazards, and asthma triggers. These grants are particularly important to improve our ability to protect vulnerable populations, such as children and seniors, from exposure to these hazards. Read a complete project-by-project summary
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  • Fannie Mae Announces 2021 Benchmark Securities Issuance Calendar

    Fannie Mae Announces 2021 Benchmark Securities Issuance Calendar

    Fannie Mae Announces 2021 Benchmark Securities Issuance Calendar | site |



    (October 26, 2020) - - Today, October 26, 2020, the Federal National Mortgage Association (Fannie Mae) published the following information:

    WASHINGTON, DC – Fannie Mae (FNMA/OTC) today announced its 2021 Benchmark Securities® Issuance Calendar. The calendar provides opportunities for investors and other market participants to utilize Fannie Mae Benchmark Securities for their respective investment activities. On a weekly basis, Fannie Mae has the option to auction Benchmark Bills® with maturities of one year or less. The size and maturity of the weekly Benchmark Bills auctions, if any, will be announced on the same day in which the auction occurs. Benchmark Bills auctions generally occur on Wednesdays between 9:00 a.m. and 9:45 a.m. Eastern Time. The 2021 Benchmark Securities Calendar also identifies at least one calendar day per month for a Fannie Mae Benchmark Notes® a
    ...
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