Tag: HUD

Senate Panel Approves $1.8 Billion Budget Increase for HUD

Filed in Capitol Hill, Housing Finance, Multifamily by on June 8, 2018 0 Comments
Senate Panel Approves $1.8 Billion Budget Increase for HUD

The Senate Appropriations Committee has unanimously approved $44.5 billion for HUD in fiscal 2019, which is $900 million more than the House legislation and $1.8 billion above the fiscal 2018 enacted level. The following are fiscal 2019 funding levels approved by the Senate panel for key HUD programs: The HOME program received $1.4 billion for […]

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NAHB Continues Outreach to Puerto Rico

Filed in Disaster Response by on May 8, 2018 1 Comment
NAHB Continues Outreach to Puerto Rico

NAHB Second Vice Chairman Dean Mon (third from right) has been meeting this week with Puerto Rico government officials and local HBA leaders to facilitate ongoing relief efforts in the aftermath of Hurricane Maria, which ravaged the island territory last fall. NAHB continues to work with HUD officials to channel more resources toward rebuilding the […]

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Ben Carson to Address NAHB Executive Board

Filed in Leadership by on May 8, 2018 0 Comments
Ben Carson to Address NAHB Executive Board

HUD Secretary Ben Carson will address NAHB members on Wednesday, May 23 when the Executive Board holds its spring meeting from 10 a.m.-2 p.m. at the National Housing Center in Washington, D.C.

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HUD Unveils Overhaul of its Rental Assistance Programs

Filed in Multifamily by on April 25, 2018 0 Comments

HUD today unveiled plans for a major overhaul of its rental assistance programs — including Section 8 Tenant-Based Rental Assistance, Section 8 Housing Choice Vouchers and Section 8 Project-Based Rental Assistance – to help the agency meet its budget goals.

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Executive Order on Reducing Poverty Could Impact Housing Programs

Filed in Codes and Regulations, Multifamily by on April 13, 2018 0 Comments
Executive Order on Reducing Poverty Could Impact Housing Programs

On April 10, President Trump released an executive order, “Reducing Poverty in America by Promoting Opportunity and Economic Mobility,” that is designed to guide agencies that administer public assistance programs to effectively reform the welfare system.

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HUD Allots $28 Billion for Disaster Recovery in U.S. and Puerto Rico

Filed in Disaster Response, Multifamily by on April 10, 2018 0 Comments
HUD Allots $28 Billion for Disaster Recovery in U.S. and Puerto Rico

HUD announced that nearly $28 billion will go to support long-term disaster recovery efforts in nine U.S. states, Puerto Rico and the U.S. Virgin Islands. The funds represent the largest single amount of disaster recovery assistance in HUD’s history.

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Congress Approves $1.3 Trillion Spending Package

Filed in Capitol Hill by on March 22, 2018 1 Comment
Congress Approves $1.3 Trillion Spending Package

Congress has approved a $1.3 trillion spending bill that will fund the federal government through the end of the current fiscal year, which expires Sept. 30. The sweeping appropriations legislation includes several areas of interest to the housing community.

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HUD Allocates Disaster Recovery Funds

Filed in Disaster Response, Multifamily by on February 16, 2018 0 Comments
HUD Allocates Disaster Recovery Funds

The Department of Housing and Urban Development has released its policies regarding how it will allocate $7.39 billion in Community Development Block Grant disaster recovery funds provided by the 2017 Supplemental Appropriations for Disaster Relief.

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Trump’s Fiscal 2019 Budget Seeks 14% Cut to HUD

Filed in Capitol Hill, Labor, Safety and Health by on February 12, 2018 2 Comments
Trump’s Fiscal 2019 Budget Seeks 14% Cut to HUD

President Trump’s proposed fiscal 2019 budget, which runs from Oct. 1, 2018 through Sept. 30 2019, would cut the HUD budget 18.3%, or $8.8 billion, to $39.2 billion.

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HUD Delays Enforcement of Assessment of Fair Housing Plans Until 2020

Filed in Codes and Regulations by on January 5, 2018 0 Comments

HUD published a notice in the Federal Register today extending the deadline for local governments to submit an Assessment of Fair Housing until Oct. 31, 2020. Under HUD’s Affirmatively Furthering Fair Housing rule, local governments must submit these plans to proactively identify barriers to fair housing choice and to ensure that their practices and policies do not promote racial segregation.

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