Archives For: HUD
HUD Announces $10 Million Funding Opportunity for Community Revitalization Efforts
HUD announced a new funding opportunity through the FY24 Choice Neighborhoods Planning Grant to support planning to revitalize communities.
9 Apr 2024
Statement from HUD Secretary Marcia L. Fudge
HUD Secretary Marcia L. Fudge has announced her resignation, effective March 22, 2024, after nearly 5 decades in public service.
11 Mar 2024
HUD: Update to Property Inspection Fees
HUD has released a new Mortgagee Letter (ML) that updates inspection fees for Property Preservation and Protection.
14 Nov 2023
City of Youngstown Applying for Competitive Grant to Address Housing Issues
The City of Youngstown is applying for funding that was recently announced by HUD to address issues surrounding affordable housing,
19 Oct 2023
HUD Announces more than $837 Million to Improve Housing Quality and Reduce Energy Costs for Underserved Communities
HUD announced that new funding from the Inflation Reduction Act of 2022 will go towards making HUD-assisted housing more energy efficient.
11 May 2023
HUD Allocated $382 Million to Help States Produce Affordable Housing
HUD has allocated $382 million through the nation’s Housing Trust Fund, an affordable housing program.
3 May 2023
HUD Awards $98 Million in Choice Neighborhoods Implementation Grants and Opens New $10 Million Funding Opportunity for Local Planning Efforts
HUD Secretary Marcia Fudge has announced “Supplemental Grant” awards for Choice Neighborhoods Implementation Grantees totaling over $98 million.
11 Apr 2023
HUD Restores “Discriminatory Effects” Rule
HUD has announced plans to rescind the 2020 Fair Housing Act rule and restore the 2013 policy to eradicate discriminatory practices in the housing market.
17 Mar 2023
HUD Extends Loan Mod Option to 480 Months
HUD has published a Final Rule in the Federal Register to increase the maximum allowable term for FHA-insured loan modification from 360 months to 480 months.
9 Mar 2023
FHA Announces Lower Mortgage Insurance Premiums
HUD released details of a long-anticipated plan to reduce the annual MIP that are currently charged to FHA borrowers by 30 Basis Points.
22 Feb 2023