Dr. Ben Carson said he believes in fair housing but expressed an intent to reinterpret a rule that promotes fair housing and equal opportunity, in his recent interview with the Washington Examiner. Fairly recently, a group of Republican legislators also urged the HUD Secretary to rescind the rule, Read more
HUD Makes Available $2 Billion in Grants to End Homelessness
The Department of Housing and Urban Development (HUD) is making available $2 billion to end homelessness. The funding is accessible through the Continuum of Care (Coc) Homeless Assistance Program that will fund community-based homeless assistance programs via a competitive selection process.“We Read more
HUD Invests Over $50MM in Housing Counseling to Benefit 1.4MM Households
“HUD’s housing counseling grants and the additional funding they leverage will assist more than 1.4 million households find housing, make more informed housing choices, or keep their current homes,” the U.S. Department of Housing and Urban Development’s press statement announcing the federal housing Read more
Census Bureau/HUD: May Posts Gains in Sales and Prices of New Homes
More new homes were sold in May as median and average sales prices also rose for these new homes. The U.S. Census Bureau and the Housing and Urban Development disclosed that 610,000 new homes were sold in May at a median sales price of $345,000.We can help you find a lender.» New Home Sales and Read more
President’s Budget Cut May Change Mortgage Landscape
President Donald Trump’s official budget proposal for the fiscal year 2018 had been released. The proposed budget included a reduction in the U.S. Housing and Urban Development (HUD) spendings, according to HousingWire.The budget will have a 13.2 percent decrease, from $ 46.9 billion in 2017 to Read more
