Tag: HUD
HUD to Radically Cut Advance Notice of Housing Inspections
HUD has announced it is dramatically reducing the advance notice it provides to public housing authorities and private owners of HUD-subsidized apartment developments before inspections to 14 days.
HUD Lays Out Priorities to Address Shutdown Backlog
HUD has issued two memos that lay out its priorities to address the backlog of activities caused by the government shutdown.
Shutdown Impacts Multifamily Housing Programs
The partial government shutdown, now well into its third week, is having an impact on HUD multifamily programs, as the agency’s spending authority expired on Dec. 21, 2018.
Pam Patenaude Resigns as Deputy HUD Secretary
After 14 months on the job, Pam Patenaude has resigned as deputy secretary of HUD. FHA Commissioner Brian Montgomery will serve as acting deputy secretary. NAHB had a good working relationship with Patenaude, who during her time as deputy secretary helped guide HUD through a number of challenging issues and showed strong leadership in addressing housing and community recovery in areas impacted by natural disasters.
Statement from NAHB Chairman Randy Noel on FHA Actuarial Report
The FHA report is very encouraging and shows a marked upturn in the health of the FHA Mutual Mortgage Insurance Fund.
Housing Starts Rise in August Amid Ongoing Affordability Concerns
Total housing starts increased 9.2% in August to a seasonally adjusted annual rate of 1.28 million units, according to newly released data from HUD and the Commerce Department.
HUD Publishes Notice on Disaster Recovery Funds
HUD has published a notice for the purpose of assisting in long-term recovery from 2017 disasters.
HUD to Amend Its Affirmatively Furthering Fair Housing Rule
On August 13, HUD published a notice inviting public comment on amendments to its Affirmatively Furthering Fair Housing (AFFH) regulations.
New Home Sales Fall Back in June
Sales of newly built, single-family homes fell 5.3% in June to a seasonally adjusted annual rate of 631,000 units after a downwardly revised May report, according to newly released data from HUD and the Census Bureau.
Senate Panel Approves $1.8 Billion Budget Increase for HUD
The Senate Appropriations Committee has unanimously approved $44.5 billion for HUD in fiscal 2019, which is $900 million more than the House legislation and $1.8 billion above the fiscal 2018 enacted level. The following are fiscal 2019 funding levels approved by the Senate panel for key HUD programs: The HOME program received $1.4 billion for […]