News

The U.S. Department of Housing and Urban Development (HUD) announced today that it is making a series of enhancements to the Department's Distressed Asset Stabilization Program (DASP) that would have purchasers of severely delinquent mortgages offer qualified borrowers principal reductions and protection from "payment shock." Certain families with distressed mortgages insured by the Federal Housing Administration (FHA) may soon be eligible for a reduction of their outstanding loan amounts should their mortgages be sold through DASP

The U.S. Department of Housing and Urban Development (HUD) today published early findings from a rigorous, large-scale, random assignment study on the benefits that housing education and counseling provides to first-time homebuyers. Early results from The First-Time Homebuyer Education and Counseling Demonstration are encouraging and suggest homebuyer education and counseling may lead to favorable results for first-time homebuyers in terms of mortgage literacy and preparedness, homebuyer outcomes, and loan performance.

For many individuals convicted of minor crimes, finding jobs and decent housing is so challenging that many are at extreme risk of homelessness or reentering the criminal justice system. Today, the U.S. Department of Housing and Urban Development (HUD) and the Department of Justice (DOJ) awarded $8.7 million to address homelessness and reduce recidivism among this justice-involved population through the Pay for Success model. See list of grantees below.

The U.S. Department of Housing and Urban Development (HUD) announced today an improved Tribal Government-to-Government Consultation Policy and is seeking public comment on a plan to establish a newTribal Intergovernmental Advisory Committee. Together, these two actions will strengthen the framework of HUD’s relations with tribes.

1,000, 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 6.0 percent (±12.8%)* below the revised April rate of 586,000 but is 8.7 percent (±14.6%)* above the May 2015 estimate of 507,000

The U.S. Department of Housing and Urban Development (HUD) today awarded more than $42 million in housing counseling grants to hundreds of national, regional and local organizations to help families and individuals with their housing needs and to prevent future foreclosures. 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. See list of all counseling agencies awarded funding today

The U.S. Department of Housing and Urban Development (HUD) today named 15 persons to a new federal research advisory committee charged with offering independent advice to HUD on how to approach specific aspects of the seven-year expansion of the Department's Moving to Work (MTW) Demonstration.

To help celebrate Father's Day,the U.S. Department of Housing and Urban Development (HUD) is encouraging communities to support dads living in HUD assisted housing to stay connected with their children by participating in HUD's National Father's Day Initiative and hosting events to celebrate fatherhood and family.

The U.S. Department of Housing and Urban Development (HUD) and the Census Bureau jointly announced the following new residential construction statistics for May 2016

To protect children and families from the hazards of lead-based paint and other home health and safety hazards, the U.S. Department of Housing and Urban Development (HUD) today awarded $46.5 million in grants to 15 local and state governments (see chart below).

The devastating effects of lead poisoning are irreversible, and even low levels of lead in a young child’s blood can have long-term effects on their ability to learn and lead a productive life. To prevent these life-long effects and strengthen protections for families living in HUD-assisted housing, U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro today announced The Lead-Safe Homes, Lead-Free Kids Toolkit

The U.S. Department of Housing and Urban Development (HUD) Office of Lead Hazard Control and Healthy Homes (OLHCHH) and The National Environmental Health Association (NEHA) convene in San Antonio this week to host a joint annual educational conference, The State of Big Ideas: Moving Environmental Health Outside the Box. HUD Secretary Julián Castro will kick off the conference as the opening session keynote speaker.

The Obama Administration today named the final nine Promise Zones across the country - high poverty areas in select urban, rural and tribal communities. Through the Promise Zone Initiative, the Federal government will work strategically with local leaders to boost economic activity and job growth, improve educational opportunities, reduce crime and leverage private investment to improve the quality of life in these vulnerable areas

The U.S. Department of Housing and Urban Development (HUD) today announced an agreement with First-Citizens Bank & Trust Company, resolving allegations that the bank denied mortgage loans to African American, Latino and Asian American mortgage applicants at a disproportionately higher rate than white applicants.

Most Americans spend up to 90 percent of their time indoors, exposing them to home health and safety hazards ranging from asthma triggers to potentially deadly pollutants like asbestos and lead-based paint.  To reinforce the connection between a family’s health and their homes, the U.S. Department of Housing and Urban Development (HUD) is declaring this June as the first-ever National Healthy Homes Month.  Launched by HUD’s Office of Lead Hazard Control and Healthy Homes (OLHCHH), this month is designed to educate families of potential health hazards in a home, and empower them to create the healthiest home possible for their family

To help end veteran homelessness, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) are awarding nearly $38 million to help more than 5,200 homeless veterans find a permanent place to call home. The rental assistance announced today is provided through the HUD-Veterans Affairs Supportive Housing (HUD-VASH) Program which combines rental assistance from HUD with case management and clinical services provided by VA.

The U.S. Department of Housing and Urban Development (HUD) today named 12 persons who will constitute the first-ever Housing Counseling Federal Advisory Committee (HCFAC). Established under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, this advisory panel will help HUD's Office of Housing Counseling improve upon all the efforts to provide consumers with the knowledge they need to make informed and lasting housing decisions.

This week, the U.S. Department of Housing and Urban Development (HUD) kicks off National Homeownership Month by recognizing how homeownership enhances lives and contributes to thriving communities we call home. “Dare to Own the Dream” is the theme of this month-long recognition, reinforcing the long-held belief that owning a home remains one of the cornerstones of the American Dream

After three years of negotiation with federally and state recognized tribes across the country, the U.S. Department of Housing and Urban Development (HUD) today proposed a new formula to be used to allocate funds through the Department’s Indian Housing Block Grant (IHBG) Program. Read HUD’s proposed rule.

The U.S. Department of Housing and Urban Development (HUD) today announced agreements with the City of Minneapolis and the City of St. Paul to further housing choice and neighborhood opportunities in the two cities and the surrounding region.