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13 For whosoever shall call upon the name of the Lord shall be saved. (Romans 10:13 - - - The Holy Bible)

Housing

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  • Federal Housing Administration Releases 2018 Annual Report to Congress

    Federal Housing Administration Releases 2018 Annual Report to Congress

    Federal Housing Administration Releases 2018 Annual Report to Congress


    Capital Reserves remain above statutory minimum for fourth straight year


    Washington, DC - - (November 15, 2018) - - The Federal Housing Administration (FHA) today released its 2018 Annual Report to Congress on the economic condition of the agency's Mutual Mortgage Insurance Fund (MMI Fund). FHA reports that at the end of Fiscal Year (FY) 2018, the MMI Fund had a total Economic Net Worth of $34.8 billion and a Capital Reserve Ratio that remains above the statutory minimum for a fourth consecutive year. The MMI Fund supports FHA’s single-family mortgage insurance programs, including all forward mortgage purchase and refinance transactions, as well as mortgage...
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  • Decline in Veteran Homelessness Announced

    Decline in Veteran Homelessness Announced

    Decline in Veteran Homelessness Announced


    Number of homeless vets drops 5.4% since last year and by nearly half since 2010



    Washington, DC - - (November 1, 2018) - - Veteran homelessness in the U.S. continues to decline according to a new national estimate announced today by U.S. Housing and Urban Development (HUD) Secretary Ben Carson. HUD’s Annual Homeless Assessment Report finds the total number of reported veterans experiencing homelessness in 2018 decreased 5.4 percent since last year, falling to nearly half of the number of homeless veterans reported in 2010. In announcing the latest annual estimate, HUD Secretary Ben Carson and U.S. Department of Veteran Affairs (VA) Secretary Robert Wilkie noted that local communities are reporting reductions in the number of veterans in...
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  • Federal Housing Administration announces Streamlined Claim Payment Requirements in Home Equity Conversion Mortgage Program

    Federal Housing Administration announces Streamlined Claim Payment Requirements in Home Equity Conversion Mortgage Program
    Link


    Action intended to speed reverse mortgage claim payments


    Washington, DC - - (October 22, 2018) - - The Federal Housing Administration (FHA) today announced revised requirements for Home Equity Conversion Mortgage (HECM) servicers when they assign FHA-insured reverse mortgages to the agency for claim payment. Effective immediately, FHA-approved HECM servicers can use alternative supporting
    ...
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  • Department of Housing and Urban Development Charges Minnesota Real-Estate Agent and Homeowners with Discrimination for not Renting to a Family due to their Race, National Origin and Minor Children

    U.S. Department of Housing and Urban Development Charges Minnesota Real-Estate Agent and Homeowners with Discrimination for Refusing to Rent to a Family due to their Race, National Origin and Minor Children






    Washington, DC - - (August 17, 2018) - - The U.S. Department of Housing and Urban Development (HUD) announced today that it has charged the owners of a house in Beltrami County, Minnesota, and their real-estate agent, with discrimination for refusing to rent the house to a family because of race, national origin and their minor children. Read...
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  • U.S. Department of Housing and Urban Development Seeks to Streamline and Enhance 'Affirmatively Furthering Fair Housing' Rule

    U.S. Department of Housing and Urban Development Seeks to Streamline and Enhance 'Affirmatively Furthering Fair Housing' Rule



    Notice solicits public's comments on ways to improve fair housing choice


    Washington, DC - - (August 13, 2018) - - The U.S. Housing and Urban Development (HUD) today published a notice inviting public comment on amendments to its Affirmatively Furthering Fair Housing (AFFH) regulations. HUD's goal in pursuing new rulemaking is to offer more helpful guidance to states and local communities to effectively promote fair housing choice through
    ...
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  • U.S. Department of Housing and Urban Development Reaches Agreements with Housing Providers in California, Idaho and Hawaii Settling Claims of Discrimination Against Individuals with Disabilities

    U.S. Department of Housing and Urban Development Reaches Agreements with Housing Providers in California, Idaho and Hawaii Settling Claims of Discrimination Against Individuals with Disabilities



    Washington, DC - - (July 27, 2018) - - The U.S. Department of Housing and Urban Development (HUD) announced today that it has approved settlement agreements with housing providers in California and Idaho resolving allegations that they denied the reasonable accommodation requests of residents with disabilities who needed assistance animals or a first-floor apartment. In addition, HUD approved a Voluntary Compliance Agreement (VCA) resol...
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  • U.S. Department of Housing and Urban Development Approved 1.5 Billion Dollars Disaster Recovery Plan in Puerto Rico

    U.S. Department of Housing and Urban Development Approves $1.5 Billion Disaster Recovery Plan in Puerto Rico




    Action plan focuses on housing, infrastructure and economic development


    Washington, DC - - (July 30, 2018) - - U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced HUD has approved a $1.5 billion disaster recovery plan to help citizens in Puerto Rico to recover from Hurricanes Irma and Maria. Puerto Rico recently submitted the plan for HUD’s review which primarily focuses on the restoration of damaged
    ...
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  • U.S. Department of Housing and Urban Development Awards 43 Million Dollars to Help end Youth Homelessness

    U.S. Department of Housing and Urban Development Awards $43 Million to Help end Youth Homelessness


    Grants to support innovative housing programs in 11 communities


    July 24, 2018


    Washington, DC - - (July 13, 2018) - - To help end youth homelessness, the U.S. Department of Housing and Urban Development (HUD) is awarding $43 million to 11 local communities, including five rural areas, through its Youth Homelessness Demonstration Program (YHDP). This program supports a wide range of housing interventions including rapid rehousing, permanent supportive housing, transitional housing, and host homes. "Young people who are victims of abuse, family conflict, or aging out of foster care are especially vulnerable to homelessness," said HUD Secretary Ben Carson. "We're working with our local partners to
    ...
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  • U.S. Department of Housing and Urban Development and U.S. Census Bureau Report Residential Construction Activity in May 2018

    U.S. Department of Housing and Urban Development and U.S. Census Bureau Report Residential Construction Activity in May 2018






    Washington, DC - - (June 19, 2018) - - The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for May 2018.






    Building Permits: Privately owned housing units authorized by building permits in May were at a seasonally adjusted annual rate of 1,301,000. This is 4.6 percent (±1.4 percent) below the revised April rate of 1,364,000, but is 8.0 percent (±1.3...
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  • U.S. Department of Veterans Affairs Issues New Policy to Protect Veteran Homeowners from Predatory Lending

    U.S. Department of Veterans Affairs Issues New Policy to Protect Veteran Homeowners from Predatory Lending




    Washington, DC - - (June 15, 2018) - - The U.S. Department of Veterans Affairs (VA) has issued a new policy implementing the May 2018 Economic Growth, Regulatory Relief, and Consumer Protection Act, to protect Veteran homeowners from predatory lending practices when obtaining a VA-guaranteed refinance loan. The act helps protect Veterans and service members from the dangers associated with repeatedly refinancing their home loans, requiring, among other...
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