Category: Housing News
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At least 1.36M evictions were prevented in 2021
New research estimates that at least 1.36 million evictions were prevented in 2021 by government policies that aided struggling renters. The Eviction Lab’s 2021 research report shows that low-income renters and renters of color saw the sharpest drop in eviction filings through the COVID-19 pandemic’s second year. The Eviction Lab at Princeton University has been…
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HUD News in Review: March 23, 2022
Disclaimer: Affordable Housing Online is not affiliated with HUD, or any HUD agency. This week’s announcements by the Department of Housing and Urban Development include: FHA insures $12M mortgage for new affordable multifamily housing in Baltimore Disaster assistance announced for ME residents St. Louis area landlord charged with sexual harassment by HUD Allocation of $3B…
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Pandemic leads to undercount of unsheltered homeless in 2021
Because of issues related to the coronavirus pandemic, the Department of Housing and Urban Development’s annual homeless report is missing a count of unsheltered homeless for almost half of local jurisdictions. HUD released its annual Homeless Assessment Report to Congress on homelessness in America last month. This year’s report is mostly focused on homeless people…
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HUD News in Review: March 17, 2022
Disclaimer: Affordable Housing Online is not affiliated with HUD, or any HUD agency. This week’s announcements by the Department of Housing and Urban Development include: 49 Tribal communities granted $70M for COVID needs 7,000 local homeless programs receive $2.6B in awards Secretary Fudge makes statement on bipartisan spending agreement Loan guarantees announced for new construction…
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HUD’s FY 22 funding will add 25,000 new Section 8 vouchers
The Department of Housing and Urban Development’s increased budget for Fiscal Year 2022 will provide 25,000 more Section 8 Housing Choice Vouchers for low-income households. This is one of the largest funding increases in the rental assistance program’s history. President Biden and Congressional leaders agreed to spending amounts for FY 22 government operations last week.…
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Biden supports more affordable housing in first State of the Union address
Affordable housing was only briefly mentioned in President Biden’s first State of the Union address last week, but it showed that the affordable housing crisis is a priority for the administration. The first part of President Biden’s speech was devoted to the Russian invasion of Ukraine. But the second part of the address covered what…
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HUD News in Review: March 9, 2022
Disclaimer: Affordable Housing Online is not affiliated with HUD, or any HUD agency. This week’s announcements by the Department of Housing and Urban Development (HUD) include: $2.4M awarded to fight COVID-19 related housing discrimination RAD Conversion transaction closed in MO to create mixed-income community $2.4M awarded to fight COVID-19 related housing discrimination Date Posted: March…
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Temporary government funding would force cuts to Section 8 vouchers
More than 100,000 Section 8 Housing Choice Vouchers could be lost if Congress does not pass a new spending bill for this year. Congress is currently in the appropriations phase, which means that funding levels for each program in the spending bills are being determined. The House of Representatives already passed the spending bills for…
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HUD News in Review: March 2, 2022
Disclaimer: Affordable Housing Online is not affiliated with HUD, or any HUD agency. This week’s announcements by the Department of Housing and Urban Development (HUD) include: January residential sales numbers released Secretary Fudge makes statement on decrease in black homeownership HUD and DOE announce Better Climate Challenge FHA insures mortgages for housing units in CA…
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HUD News in Review: February 23, 2022
Disclaimer: Affordable Housing Online is not affiliated with HUD, or any HUD agency. This week’s HUD events include: Disaster assistance announced after severe storms and flooding in HI Survivors of severe storms and winds in KS getting disaster assistance Disaster assistance announced after severe storms and flooding in HI Date Posted: February 16, 2022 Federal…