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Latest HUD Press Releases
Updated: 7 years 16 weeks ago

HUD ANNOUNCES NEW NOTE SALES UNDER EXPANDED DISTRESSED ASSET STABILIZATION PROGRAM

Fri, 05/03/2013 - 12:07
WASHINGTON - For the second time this year, the U.S. Department of Housing and Urban Development (HUD) will sell thousands of severely delinquent mortgage loans insured by the Federal Housing Administration (FHA) as part of a broader effort to address the housing market's shadow inventory and to target relief to areas experiencing high foreclosure activity. This summer, HUD will sell approximately 20,000 distressed loans through its expanded Distressed Asset Stabilization Program (DASP) to increase recoveries to FHA's Mutual Mortgage Insurance (MMI) Fund from non-performing FHA-insured loans, while contributing to stabilization and recovery in some of the nation's communities hit hardest by the housing crisis.

HUD AND ENTERPRISE SHOWCASE SUSTAINABLE CONSTRUCTION DESIGN IN INDIAN COUNTRY

Thu, 05/02/2013 - 12:07
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) and Enterprise Community Partners (Enterprise) showcased Native American communities' use of sustainable design and construction strategies today at the National Museum of the American Indian. The event is part of HUD's and Enterprise's continuous effort to promote sustainable construction techniques in Indian Country.

OBAMA ADMINISTRATION RENEWS SUPPORT FOR MORE THAN 500 LOCAL HOMELESS PROGRAMS ACROSS THE U.S.

Thu, 05/02/2013 - 12:07
WASHINGTON - U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced a second round of grants for more than 500 local homeless housing and service programs across the U.S, provided through HUD's Continuum of Care Program. This year, HUD challenged local communities to reexamine their response to homelessness and give greater weight to proven strategies, from providing 'rapid re-housing' for homeless families to permanent supportive housing for those experiencing chronic homelessness (see attached chart).

HUD, DOJ RELEASE NEW GUIDANCE ON 'DESIGN AND CONSTRUCTION' REQUIREMENTS UNDER THE FAIR HOUSING ACT

Tue, 04/30/2013 - 12:07
WASHINGTON - New guidance released today by the U.S. Department of Housing and Urban Development (HUD) and the Department of Justice (DOJ) reinforces the Fair Housing Act requirement that multifamily housing be designed and constructed so that it isaccessible to persons with disabilities. Read HUD and DOJ's new guidance.

HUD, UTAH MORTGAGE COMPANY SETTLE PREGNANCY DISCRIMINATION CLAIM

Tue, 04/30/2013 - 12:07
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) announced today that it has reached a Conciliation Agreement with Primary Residential Mortgage, Inc. (PRMI), in Salt Lake City, UT, settling allegations that the lender denied a Baltimore, Maryland woman a mortgage loan because she was pregnant and on maternity leave.

SECRETARY DONOVAN AND GOVERNOR CUOMO ANNOUNCE APPROVAL OF NEW YORK STATE'S DISASTER RECOVERY PLAN

Mon, 04/29/2013 - 12:07
WASHINGTON - U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced federal approval of New York State's recovery action plan to help homeowners and businesses following Superstorm Sandy, Hurricane Irene, and Tropical Storm Lee. Funded through HUD's Community Development Block Grant Disaster Recovery (CDBG - DR) program, New York State's recovery action plan calls for a combined $1.7 billion investment in a variety of housing, infrastructure and business recovery activities. Read New York State's action plan.

HUD ANNOUNCES MAJOR RESTRUCTURING OF FIELD OFFICES

Wed, 04/24/2013 - 12:07
WASHINGTON - The U.S. Department of Housing and Urban Development today announced a series of restructuring and systemic changes within its Office of Multifamily Housing Programs and the Office of Field Policy and Management (FPM). The changes, which include consolidating Multifamily hubs nationwide and closing 16 smaller offices, affect approximately 900 of the Departments' 9,000 employees. Read more about HUD's restructuring plans.

HUD ASSUMES CONTROL OF COCOA, FLORIDA HOUSING AUTHORITY

Mon, 04/22/2013 - 12:07
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) announced today that, effectively immediately, it is taking control of the Housing Authority of the City of Cocoa (HACC).

VA, HUD AND JON BON JOVI ANNOUNCE 'PROJECT REACH' GRAND PRIZE WINNER

Mon, 04/15/2013 - 12:07
WASHINGTON - The Department of Veterans Affairs (VA) has announced the winner of a mobile application competition designed to make local assistance resources accessible to people helping homeless Veterans and others in need. The winner of the $25,000 prize was Reston, Va.-based Qbase, which developed 'Homeless REACH.' VA's Center for Innovation (VACI) sponsored the competition, called Project REACH (Real-time Electronic Access for Caregivers and Homeless), in collaboration with the Jon Bon Jovi Soul Foundation and the Departments of Housing and Urban Development and Health and Human Services.

HUD SETTLES DISCRIMINATION CLAIM WITH COLDWELL BANKER RESIDENTIAL BROKERAGE AND HOME SELLER

Mon, 04/15/2013 - 12:07
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) announced today a $90,000 Conciliation Agreement with Coldwell Banker Residential Brokerage and the seller of a home in Worcester, Massachusetts, settling allegations they violated the Fair Housing Act by preventing the sale of a house to be used as a group home for persons with disabilities. The Fair Housing Act prohibits discrimination in rental or sales transactions based on disability, including preventing a home sale because the home is going to be used by persons with disabilities.

DONOVAN ANNOUNCES EXPANDED EFFORTS TO HELP HOMEOWNERS IMPACTED BY HURRICANE SANDY

Fri, 04/12/2013 - 12:07
WASHINGTON - In an effort to expand relief to homeowners impacted by Hurricane Sandy, U.S. Housing and Urban Development Secretary Shaun Donovan, who also chairs the Hurricane Sandy Rebuilding Task Force, today announced a series of additional measures to allow families to get back on their feet without having to face the prospect of foreclosure.

HUD ALLOCATES $21 MILLION TO HELP TENNESSEE COMMUNITIES TO RECOVER FROM SEVERE STORMS AND FLOODING IN 2011

Thu, 04/11/2013 - 09:33
WASHINGTON - U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today allocated more than $21 million to help to the State of Tennessee and Shelby County recover from severe storms in 2011. These grants, part of $514 million allocated among nine states nationwide, are provided through HUD's Community Development Block Grant (CDBG) Program to support long-term disaster recovery efforts in areas with the greatest extent of 'unmet need.'

HUD ALLOCATES $47 MILLION TO HELP PENNSYLVANIA COMMUNITIES TO RECOVER FROM HURRICANE IRENE AND TROPICAL STORM LEE IN 2011

Thu, 04/11/2013 - 09:33
WASHINGTON - U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today allocated more than $47 million throughout the Commonwealth of Pennsylvania to help local communities to recover from Hurricane Irene and Tropical Storm Lee in the summer of 2011. These grants, part of $514 million allocated among nine states nationwide, are provided through HUD's Community Development Block Grant (CDBG) Program to support long-term disaster recovery efforts in areas with the greatest extent of 'unmet need.'

HUD ALLOCATES NEARLY $107 MILLION TO HELP LOUISIANA COMMUNITIES TO RECOVER FROM HURRICANE ISAAC

Thu, 04/11/2013 - 09:33
WASHINGTON - U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today allocated nearly $107 million throughout the State of Louisiana to help local communities to recover from Hurricane Isaac last year. These grants, part of $514 million allocated among nine states nationwide, are provided through HUD's Community Development Block Grant (CDBG) Program to support long-term disaster recovery efforts in areas with the greatest extent of 'unmet need.'

HUD ALLOCATES $41.6 MILLION TO HELP NORTH DAKOTA COMMUNITIES TO RECOVER FROM 2011 FLOODS

Thu, 04/11/2013 - 09:33
WASHINGTON - U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today allocated $41.6 million throughout the State of North Dakota to help local communities to recover from severe flooding in 2011. These grants, part of $514 million allocated among nine states nationwide, are provided through HUD's Community Development Block Grant (CDBG) Program to support long-term disaster recovery efforts in areas with the greatest extent of 'unmet need.'

DONOVAN ANNOUNCES HUD'S 2014 BUDGET

Wed, 04/10/2013 - 12:07
WASHINGTON - U.S. Housing and Urban Development Secretary Shaun Donovan today released details of the Obama Administration's proposed Fiscal Year 2014 HUD Budget, a plan that seeks to protect the rental housing and homeless assistance for millions of extremely poor Americans while increasing investments in key initiatives to serve some of the nation's most distressed neighborhoods.

OBAMA ADMINISTRATION RELEASES MARCH HOUSING SCORECARD

Fri, 04/05/2013 - 12:07
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the March edition of the Obama Administration's Housing Scorecard - a comprehensive report on the nation's housing market. The latest data shows important progress across many key indicators-as home prices continue to show strong annual gains and purchases of new homes and sales of existing homes sustained their upward trajectory-although officials caution that the overall recovery remains fragile.The full Housing Scorecard is available online at www.hud.gov/scorecard.

HUD KICKS OFF FAIR HOUSING MONTH WITH LAUNCH OF NATIONAL MEDIA CAMPAIGN

Wed, 04/03/2013 - 12:07
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) and the National Fair Housing Alliance (NFHA) today launched a national media campaign to educate the public and housing providers about their rights and responsibilities under the Fair Housing Act. The campaign, titled 'Fair Housing Is Your Right. Use It,' includes English, Spanish, and Chinese radio and print public service advertisements (PSAs) that feature examples of actions which violate the Fair Housing Act and let the public know what to do if they experience housing discrimination. In addition to radio and print public service announcements, the campaign will use the latest digital and social me-dia to amplify the outreach effort.

HUD ANNOUNCES STEPS TO HELP END AVOIDABLE RADON-INDUCED LUNG CANCER DEATHS IN HOUSING

Wed, 04/03/2013 - 12:07
WASHINGTON - The U.S. Department of Housing and Urban Development has taken significant steps towards eliminating radon exposure in renter-occupied homes by issuing two new policies that will incorporate radon testing and mitigation into HUD programs to help prevent some of the estimated 21,000 lung cancer deaths radon causes in the United States every year.

HUD ALLOCATES NEARLY $18 MILLION TO HELP VERMONT TO RECOVER FROM HURRICANE IRENE IN 2011

Wed, 03/27/2013 - 12:07
WASHINGTON - U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today allocated nearly $18 million to the State of Vermont to help local communities to recover from the lingering effects of Hurricane Irene in the summer of 2011. This grant, part of $514 million allocated among nine states nationwide, is provided through HUD's Community Development Block Grant (CDBG) Program to support long-term disaster recovery efforts in areas with the greatest extent of 'unmet need.'