Tag: HUD

HUD Secretary Carson to Step Down at End of Trump’s First Term

Filed in Housing Finance by on March 5, 2019 1 Comment
HUD Secretary Carson to Step Down at End of Trump’s First Term

HUD Secretary Ben Carson said he intends to leave his Cabinet post at the end of President Trump’s first term. In an interview with Newsmax TV, Carson said he would “finish out this term,” adding that “I would be interested in returning to the private sector because I think you have just as much influence, maybe more, there.”

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HUD to Radically Cut Advance Notice of Housing Inspections

Filed in Codes and Regulations, Multifamily by on February 22, 2019 0 Comments
HUD to Radically Cut Advance Notice of Housing Inspections

HUD has announced it is dramatically reducing the advance notice it provides to public housing authorities and private owners of HUD-subsidized apartment developments before inspections to 14 days.

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HUD Lays Out Priorities to Address Shutdown Backlog

Filed in Multifamily by on February 4, 2019 1 Comment
HUD Lays Out Priorities to Address Shutdown Backlog

HUD has issued two memos that lay out its priorities to address the backlog of activities caused by the government shutdown.

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Shutdown Impacts Multifamily Housing Programs

Filed in Capitol Hill, Multifamily by on January 7, 2019 1 Comment
Shutdown Impacts Multifamily Housing Programs

The partial government shutdown, now well into its third week, is having an impact on HUD multifamily programs, as the agency’s spending authority expired on Dec. 21, 2018.

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Pam Patenaude Resigns as Deputy HUD Secretary

Filed in Capitol Hill by on December 17, 2018 0 Comments
Pam Patenaude Resigns as Deputy HUD Secretary

After 14 months on the job, Pam Patenaude has resigned as deputy secretary of HUD. FHA Commissioner Brian Montgomery will serve as acting deputy secretary. NAHB had a good working relationship with Patenaude, who during her time as deputy secretary helped guide HUD through a number of challenging issues and showed strong leadership in addressing housing and community recovery in areas impacted by natural disasters.

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Statement from NAHB Chairman Randy Noel on FHA Actuarial Report

Filed in Housing Finance by on November 15, 2018 0 Comments
Statement from NAHB Chairman Randy Noel on FHA Actuarial Report

The FHA report is very encouraging and shows a marked upturn in the health of the FHA Mutual Mortgage Insurance Fund.

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Housing Starts Rise in August Amid Ongoing Affordability Concerns

Filed in Economics, Home Building, Multifamily by on September 19, 2018 0 Comments
Housing Starts Rise in August Amid Ongoing Affordability Concerns

Total housing starts increased 9.2% in August to a seasonally adjusted annual rate of 1.28 million units, according to newly released data from HUD and the Commerce Department.

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HUD Publishes Notice on Disaster Recovery Funds

Filed in Codes and Regulations by on August 14, 2018 0 Comments
HUD Publishes Notice on Disaster Recovery Funds

HUD has published a notice for the purpose of assisting in long-term recovery from 2017 disasters.

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HUD to Amend Its Affirmatively Furthering Fair Housing Rule

Filed in Codes and Regulations by on August 14, 2018 2 Comments
HUD to Amend Its Affirmatively Furthering Fair Housing Rule

On August 13, HUD published a notice inviting public comment on amendments to its Affirmatively Furthering Fair Housing (AFFH) regulations.

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New Home Sales Fall Back in June

Filed in Home Building by on July 25, 2018 3 Comments
New Home Sales Fall Back in June

Sales of newly built, single-family homes fell 5.3% in June to a seasonally adjusted annual rate of 631,000 units after a downwardly revised May report, according to newly released data from HUD and the Census Bureau.

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