Tag: hud
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Housing Authorities receive CARES Act funding to help HCV residents
$472 million in CARES Act funding is being used to help Section 8 Housing Choice Voucher (HCV) residents during the coronavirus pandemic. “This funding will provide additional resources to public housing authorities to make sure people have a decent, safe, and affordable place to call home,” said HUD Secretary Ben Carson in HUD’s press release.…
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HUD to resume REAC inspections after months long pause
HUD announced on Friday that it will resume physical Real Estate Assessment Center (REAC) inspections of its multifamily and public housing properties, after they were paused in March due to the coronavirus outbreak. REAC inspections are periodic check-ins of HUD properties that rate the condition of properties on a scale of 1 to 100. Properties…
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HUD report shows housing programs serve those with the lowest incomes
A recent HUD report shows that even though HUD programs reach a fraction of those who qualify, tenants in HUD-assisted housing are among the poorest and most vulnerable in our nation. HUD’s report, Characteristics of HUD-Assisted Renters and Their Units in 2017, is the tenth report in this series since 1989, and allows HUD to…