HUD on Thursday published Fair Market Rents for Fiscal Year 2024 and released an additional $113 million in Housing Choice Vouchers to help 9,500 families to meet growing costs.
Tag: HUD

HUD Updates Fair Market Rents; Releases $113M in Vouchers
HUD on Thursday published Fair Market Rents for Fiscal Year 2024 and released an additional $113 million in Housing Choice Vouchers to help 9,500 families to meet growing costs.

New Home Sales Rise in July
New single-family home sales for July hit a seasonally adjusted annual rate of 714,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said in a release.

New Home Sales Rise in July
New single-family home sales for July hit a seasonally adjusted annual rate of 714,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said in a release.

FHA Increases Threshold for Large Multifamily Loans to Be Eligible for Standard Underwriting
The Federal Housing Administration on Wednesday increased the threshold at which a multifamily loan is considered a large loan from $75 million to $120 million. The Mortgage Bankers Association commended the move.

MBA Comments on HUD COVID-Related Loss Mitigation Report
The HUD Office of the Inspector General issued two audit reports Thursday examining the loss mitigation options that loan servicers provided to borrowers with FHA-insured loans after their COVID-19 forbearance ended.

MBA Comments on HUD COVID-Related Loss Mitigation Report
The HUD Office of the Inspector General issued two audit reports Thursday examining the loss mitigation options that loan servicers provided to borrowers with FHA-insured loans after their COVID-19 forbearance ended.

April Housing Starts Up 2.2%
Housing starts posted a modest increase in April, the Census Bureau and HUD reported Wednesday.

With Homeowners Sitting, Buyers Turn to New Homes
March new home sales jumped by nearly 10 percent from February, HUD and the Census Bureau reported Tuesday, as home buyers turned away from existing home sales.

March Housing Starts Down 1%; Single-Family Starts, Permits, Completions Up
Housing starts fell by 0.8 percent in March, the Census Bureau and HUD reported Tuesday, although single-family starts, permits and completions all rose amid growing home builder sentiment.