Preserves long-term housing for over 45,000 residents. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced last month that the Bronx’s Co-op City Complex successfully…
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HUD Announces $1.4 Million for Foster Care Transition Initiative
Foster Youth to Independence program receives funding. This month, in observance of National Foster Care Month, the Department of Housing and Urban Development announced $1.4 million in assistance…
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FHA Lifts Some Temporary Transaction Underwritings
Rolls back measures put in place April 2020. On Monday, The Federal Housing Administration (FHA) announced that they would be removing temporary COVID-19 underwriting mitigants for multifamily transactions…
Read MoreHUD Announces Neighborhood Revitalization Award
Grants for redevelopment for eight communities through Choice Neighborhoods Initiative. The U.S. Department of Housing and Urban Development (HUD) announced last week that eight communities across the United…
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HUD Seeks Solutions to Lead Poisoning Threat
Secretary of HUD hosts CEO of Cleveland Clinic to discuss lead issues in low-income communities. This week, Housing and Urban Development Secretary Marcia Fudge held discussions with Cleveland…
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CDC Extends Eviction Ban
The new extension lasts until October 3. On Tuesday, the Center for Disease Control and Prevention released a new moratorium on evictions for regions with “substantial and high…
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President Asks Congress to Extend Eviction Ban
The COVID protected program ends this weekend. On Thursday, President Joe Biden asked Congress to extend a moratorium on evictions to protect renters and their families amid a…
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Home Prices Highest in 30 Years
National index has average up 14.6%. U.S. home prices rose to a record high in the month of April, as buyers competed for a limited number of homes…
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White House Budget Office Asks for Spending Increase
Proposed budget would reduce defense spending while raising other administation priorities. President Biden’s term goals were identified in the release of his first federal budget proposal last week.…
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President Biden Extends Foreclosure Protections
No foreclosures on homes until June 30. On Tuesday, the White House announced that President Biden had again extended protections for homeowners facing foreclosure due to the COVID-19…
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