The Department of Housing and Urban Development and the U.S. Census Bureau released new residential sales data for June on July 24. The figures provide the most recent snapshot of housing market activity at a time when affordability remains a top economic concern for American families. Monthly new residential sales

The Department of Housing and Urban Development suspended federal funding for the Virgin Islands Housing Finance Authority on July 20, citing mismanagement of billions of dollars in federal housing assistance that directly threatens housing programs serving vulnerable low-income residents. The funding suspension is one of HUD’s most significant enforcement tools

The Department of Housing and Urban Development on July 20 announced it was halting funding for the Virgin Islands Housing Finance Authority, citing mismanagement of billions of dollars in federal housing funds designated for the U.S. territory. The action places the Virgin Islands’ ongoing hurricane recovery and affordable housing pipeline