U.S. Department of Housing and Urban Development
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Recent News About U.S. Department of Housing and Urban Development
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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...
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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...
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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...
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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...
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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...
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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,...
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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...
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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...
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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...
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HUD Northwest Regional Administrator Andrew Lofton announced in Seattle that the U.S. Department of Housing and Urban Development (HUD) will provide $12,746,450 to public housing authorities through HUD’s Foster Youth to Independence (FYI) Initiative. The funding aims to help young adults transitioning out of foster care access housing assistance to prevent homelessness.Acting HUD Secretary Adrianne Todman emphasized the importance of supporting at-risk youth, stating, “Youth aging out of foster care are particularly vulnerable to homelessness...Every young person...
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The Federal Housing Administration (FHA) said the recent increase in the dollar amount threshold for large multifamily loans will simplify the process of assessing risks for insurers of multifamily housing developments.
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The U.S. Department of Housing and Urban Development announced the Biden-Harris administration aims to save Native American homebuyers an average of $500 in the first year on mortgage payments through fee reductions.
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The U.S. Department of Housing and Urban Development kicked off an initiative to combat LGBTQI+ youth homelessness.
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The Public Housing Authorities will receive $25 million from the U.S. Department of Housing and Urban Development Housing Choice Voucher Mobility Services.
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The Interagency Task Force on Property Appraisal and Valuation Equity recently released a set of actions to carry out the PAVE Action Plan, which guarantees every American who buys a home has the same opportunities to create generational wealth through home ownership.
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The U.S. Department of Housing and Urban Development commemorated National Homeownership Month with the launch of a housing counseling awareness campaign.
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Solomon Greene, an assistant secretary at the U.S. Department of Housing and Urban Development, was chosen to lead the U.S. delegation to an international meeting to address urban planning.
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The U.S. Department of Housing and Urban Development is observing June as National Healthy Homes Month with activities that focus on the link between housing quality and residents' health.
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The Department of Housing and Urban Development is providing $45 million in assistance to public-housing authorities and collaborating organizations to fight homelessness in their communities.
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Public-housing authorities will be receiving $22.5 million in federal funding to help residents access the services offered in a program designed to strengthen renters' financial foundations.