News and reports from the Department of Housing and Urban Development.

The U.S. Department of Housing and Urban Development (HUD) has declared federal disaster assistance for the State of Washington in response to severe winter storms, straight-line winds, flooding, landslides, and mudslides that occurred from January 5 to January 29, 2024. President Biden issued a major disaster declaration for several counties and the Confederated Tribes of the Colville Reservation.HUD is taking immediate action to support survivors of the disaster. According to a statement from the department, "Homeowners affected by the disaster should contact their...

The U.S. Department of Housing and Urban Development (HUD) has taken a significant step towards protecting borrowers from racial or ethnic bias in home appraisals. The Federal Housing Administration (FHA) announced a new Reconsideration of Value policy, requiring lenders to offer borrowers a pathway to request reviews of home appraisal valuations if they believe bias or inaccuracies are present.HUD Acting Secretary Adrianne Todman emphasized the importance of addressing biased home appraisals, stating, "We know that biased home appraisals not only disproportionately harm...

The U.S. Department of Housing and Urban Development (HUD) has approved a Conciliation Agreement under the Fair Housing Act between the Metropolitan Management Corporation and Lancaster Court Associates and a family of former tenants. The agreement resolves allegations of housing discrimination based on familial status.Demetria L. McCain, Principal Deputy Secretary for Fair Housing and Equal Opportunity, emphasized the importance of fair treatment for all tenants, stating, "No tenant should be subjected to housing discrimination based on their familial status or family...

WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) has been awarded an annual procurement scorecard rating of “A+” by the Small Business Administration (SBA) for Fiscal Year (FY) 2023. This prestigious recognition reflects HUD's exceptional performance in reaching small business and socio-economic prime contracting and subcontracting goals.HUD Acting Secretary Adrianne Todman expressed pride in the achievement, stating, "This achievement underscores our unwavering commitment to fostering economic growth and empowering small businesses." She further...

WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) is making significant strides in prioritizing resilient, efficient, and green homes and community development under the Biden-Harris Administration.HUD's commitment to improving the lives of families and communities by reducing energy and insurance costs while enhancing resilience has led to various initiatives and partnerships aimed at combating climate change and advancing environmental justice.Efforts to enhance climate resilience in vulnerable communities have been highlighted, with HUD...

WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA) have revealed the adoption of new Minimum Energy Standards for single and multifamily homes, aiming to reduce monthly costs for homeowners and renters across the nation.Marion McFadden, Principal Deputy Assistant Secretary for Community Planning and Development, emphasized the importance of these updated standards, stating, "Families should never have to find themselves making hard choices about whether to heat their home in winter or use cooling during a...

PHILADELPHIA - Today, Adrianne Todman, the Acting Secretary of the U.S. Department of Housing and Urban Development (HUD), traveled to Philadelphia, PA, to celebrate the Philadelphia Housing Authority and Biden-Harris Administration’s work to support housing that is both affordable and sustainable. This Earth Week, HUD and the entire Biden-Harris Administration are marking achievements in supporting energy efficiency, climate resilience, and sustainability across the country.“We know that as our country invests in sustainable housing, low-income and disadvantaged...

WASHINGTON – Today, the U.S. Department of Housing and Urban Development (HUD) unveiled new measures aimed at assisting communities in combating extreme heat as part of the Biden-Harris Administration's Earth Week initiatives.In a statement, HUD Acting Secretary Adrianne Todman emphasized the importance of the initiative, stating, "Extreme heat affects all of us. Historically underserved communities are even more vulnerable."The initiatives include the publication of a webpage on Extreme Heat by HUD, serving as a central platform for actions communities can take to...

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau have released new residential sales statistics for March 2024. According to the joint announcement, sales of new single‐family houses in March 2024 were at a seasonally adjusted annual rate of 693,000.The median sales price of new houses sold in March 2024 was $430,700, with the average sales price reported at $524,800. Additionally, the seasonally‐adjusted estimate of new houses for sale at the end of March was 477,000.These figures show positive trends in the housing...

DETROIT – Last week, the U.S. Department of Housing and Urban Development (HUD) and Terner Labs collaborated in Detroit, Michigan, to host an event focusing on advancing affordable housing initiatives. The event brought together various leaders, experts, and technologists for the Housing & Technology Symposium series.Solomon Greene, the Principal Deputy Assistant Secretary for Policy Development and Research at HUD, highlighted the innovative approach being taken, stating, "These are a first-of-its-kind innovations that leverage both HUD funding and modular housing...

On Monday, April 22, 2024, U.S. Department of Housing and Urban Development (HUD) Acting Secretary Adrianne Todman, along with local children from HUD’s neighboring daycare, Children’s House, participated in an annual planting event in honor of Earth Week."We are excited to continue an annual tradition to have children come and participate in an activity that contributes to the environment and teaches early the importance of taking care of our planet," expressed HUD Acting Secretary Adrianne Todman.Todman emphasized the significance of Earth Day, stating, “Earth Day is...

HUD Acting Secretary Adrianne Todman expressed the importance of the newly announced Federal Flood Risk Management Standard (FFRMS) final rule, stating, “Across the country, I’ve seen firsthand the devastating impact flooding disasters have had on families and communities – especially those least equipped to handle the emotional and financial burden of recovery. HUD’s announcement today lessens the burden these disasters have on people.”Marion McFadden, Principal Deputy Assistant Secretary for Community Planning and Development, emphasized the significance of the rule,...

In a recent bilingual roundtable event hosted by the U.S. Department of Housing and Urban Development (HUD) in Puerto Rico, over 150 stakeholders gathered to learn about the Green and Resilient Retrofit Program (GRRP) and other federal funding sources aimed at enhancing energy efficiency and climate resilience in affordable housing.During the event, HUD officials shared insights on the GRRP and various funding opportunities available under the Inflation Reduction Act to support upgrades and renovations for properties to withstand extreme weather events caused by climate...

WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) announced on April 19, 2024, that Alanna McCargo, President of the Government National Mortgage Association (Ginnie Mae), will resign, effective May 3, 2024.Alanna McCargo, who has been serving in the Biden-Harris Administration since January 2021, made history by becoming the first woman and woman of color at the helm of the government corporation, with bipartisan support by the U.S. Senate.Expressing gratitude for McCargo's service and leadership, HUD Acting Secretary Adrianne Todman stated, "I...

Apr 18, 2024WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) has announced updates to its policies for wind and named storm insurance coverage required for multifamily properties financed with an FHA-insured mortgage. This move comes as part of HUD’s efforts to tackle the escalating insurance costs faced by property owners due to the increasing frequency and severity of storms attributed to climate change.HUD Acting Secretary Adrianne Todman emphasized the importance of these revisions, stating, "The increased frequency and intensity of extreme...