Yearly Archives: 2016

The Justice Department announced today that the owners and managers of four multi-family apartment complexes in the Salt Lake City area have agreed to pay $45,000 to settle a lawsuit alleging that they violated the Fair Housing Act by discriminating against tenants and prospective tenants with disabilities

Sales of new single-family houses in August 2016 were at a seasonally adjusted annual rate of 609,000, according to estimates released jointly today by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. This is 7.6 percent (±10.7%)* below the revised July rate of 659,000, but is 20.6 percent (±14.8%) above the August 2015 estimate of 505,000

The recent closure of ITT Educational Services affects over 6,000 veterans enrolled in the company's classes and programs. With many students utilizing GI Bill benefits to cover housing costs while completing their studies, this event has put veterans at risk of homelessness.

While taking care of his mother-in-law, who had a serious medical condition, Brian Martinez was laid off from his job after 33 years. Medical complications of his own set in, and while he eventually secured new employment, like millions of others in the United States, his income didn’t rebound and he and his wife found themselves struggling to pay their mortgage.

There is still time to join us for the fifth in a series of webinars sponsored by the Federal Emergency Management Agency (FEMA) that highlight the National Earthquake Hazards Reduction Program (NEHRP) 2015 NEHRP Recommended Seismic Provisions for Buildings and Other Structures.

The U.S. Departments of the Army, the Interior and Justice invited tribal leaders to participate in government-to-government consultations on infrastructure permitting. Chairman Rob Bishop (R-UT) released the following statemen

The Mortgage Bankers Association today unveiled, One Mod: Principles for Post-HAMP Loan Modifications, which is a proposed successor program to the Home Affordable Modification Program (HAMP). One Mod draws upon the experiences of lenders familiar with HAMP to formulate universal principles that should be applied to a future program.

The Department of Housing and Urban Development (HUD) is hosting a call on Sept. 28, 2016, with Department of Veterans Affairs (VA) Secretary Bob McDonald, HUD Secretary Julian Castro, San Francisco Mayor Ed Lee and other federal partners to discuss how Mayors can work to end veteran homelessness in tight rental markets

Enhancing the portability of housing assistance vouchers will help recipients achieve economic self-sufficiency by opening up new and better job, education and housing opportunities, witnesses told the Subcommittee on Housing and Insurance today

In accordance with the Stewart B. McKinney Homeless Assistance Act, HUD published a Notice in the Sept. 23, 2016, Federal Register identifying Federal buildings and other real property HUD has reviewed for suitability for use to assist the homeless. The properties were reviewed using information provided to HUD by Federal landholding agencies or by GSA regarding their inventories of excess or surplus property. The list includes buildings and properties in Louisiana, Ohio, and Virginia.

The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) issued the following statement in response to Senate Finance Committee Ranking Member Ron Wyden’s (D-OR) proposal to create a Middle-Income Housing Tax Credit (MIHTC)

Today’s historic launch of the Capital Magnet Fund begins an important new chapter for affordable housing and inclusive neighborhood revitalization. High-performing community development financial institutions (CDFIs) and nonprofit developers will now have the growth capital necessary to mobilize responsible private financing and scale up the development of affordable housing. The $90 million of awards will generate at least $1 billion in new housing investment.

The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded 32 organizations nearly $91.5 million in grants today for the development of affordable housing and community facilities in low-income communities.  These awards were made through the fiscal year 2016 round of the Capital Magnet Fund and will support financing for the preservation, rehabilitation, development or purchase of affordable housing for low-income communities as well as related economic development and community service facilities such as day care centers, workforce development centers and health care clinics