Posts filtered by tags: Department of Housing and Urban Development[x]


 

Another housing crisis is coming – and bailouts and eviction freezes won't be enough to prevent many from losing their homes

Millions of Americans are suddenly out of work as the financial and economic crisis sparked by the coronavirus pandemic deepens. Without an income, most of these people will have a hard time covering their expenses, including keeping a roof over their heads. But even before the current crisis, tens of millions of Americans struggled to pay for housing, spending more than 30% – or even half – of their income on housing-related expenses. This leaves less money for other essentials such as food, he...
Tags: New York, News, US, America, San Diego, Miami, Centers For Disease Control And Prevention, Department of Housing and Urban Development, National Institute of Health, U S Housing, Washington North Dakota, Gregory Sallabank


Realtors® Applaud HUD’s Timely $40M Grant Award to Combat Housing Discrimination

Washington, D.C – March 25, 2020 (nar.realtor) National Association of Realtors® President Vince Malta issued the following statement after the Department of Housing and Urban Development announced Wednesday that it will grant $40 million to organizations addressing fair housing violations across the U.S. More than $1 million is being awarded within locations designated as underserved by the Qualified Opportunity Zone program, which NAR has championed since it was established in 2017 tax reform ...
Tags: Real Estate, News, Washington, America, Radio, Hud, Malta, San Francisco CA, Carson, NAR, National Association of Realtors, Department of Housing and Urban Development, Real Estate News, The National Association of Realtors, Vince Malta, Malta Co Inc


Most Renters Won’t Be Protected From Evictions Under Trump’s Plan

NEW YORK (AP) — Most Americans who rent their home, many of whom have lost their jobs in the sudden economic slowdown caused by the coronavirus outbreak, will not be eligible for eviction protections, despite what President Donald Trump said this week. Under the Department of Housing and Urban Development’s plan released Wednesday, foreclosures and evictions would stop for 60 days on single-family homes with loans through the Federal Housing Administration. That would apply to roughly 8 million ...
Tags: New York, News, Congress, Kentucky, White House, America, San Francisco, Hud, Donald Trump, Ben Carson, Trump, Carson, Housing and Urban Development, Shapiro, Los Angeles New York, Department of Housing and Urban Development


Trump Orders HUD, FHFA to Suspend All Foreclosures, Evictions

The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA) will be suspending all foreclosures and evictions for the next 60 days in response to the economic shock renters and homeowners are experiencing due to the outbreak of the COVID-19 coronavirus. This is according to President Donald Trump, who made the announcement at a Wednesday morning press briefing at the White House. “The Department of Housing and Urban Development is providing immedia...
Tags: Finance, White House, Hud, Donald Trump, Ben Carson, Trump, State, FHA, CFPB, Consumer Financial Protection Bureau, FHFA, Department of Housing and Urban Development, Brian Montgomery, Mortgagee Letter, Federal Housing Finance Agency FHFA, Kraninger


GAO-20-263, Working Capital Fund: HUD Could Improve Management to Better Achieve Efficiencies and Help Ensure Customer Satisfaction, March 17, 2020

The Department of Housing and Urban Development's (HUD) Working Capital Fund (WCF) is a self-sustaining fund that collects fees from HUD customers to pay for services needed across the department....
Tags: Hud, GAO, Department of Housing and Urban Development, HUD Working Capital Fund WCF


Cleveland church must stop helping the poor or stop being a church: City govt

Cleveland church must stop helping the poor or stop being a church: City govt After being thrown out of a Cleveland church that doubles as a homeless shelter, a vagrant used a pistol to force his way back inside. Unfortunately, the gun-wielding intruder wasn’t the biggest threat to the facility’s survival: Its own government was. The Denison Avenue United Church of Christ began sheltering the homeless last fall, after joining forces with the Metanoia Proje...
Tags: Church, Religion, David, Bill Clinton, Jesus, Cleveland, Christ, Brady, Ben, Isaiah, Department of Housing and Urban Development, Calvillo, Ikuta, Denison Avenue United Church of Christ, St Malachi Catholic Church, Denison UCC


WH Taps College Senior To Head Up Its Personnel Office

A college senior is reportedly heading to the White House to be a top official in its Presidential Personnel Office. Three administration officials confirmed James Bacon’s hiring to Politico Wednesday. The 23-year-old senior at George Washington University is set to act as a right-hand man to newly appointed PPO director John McEntee, the officials told Politico. Bacon will reportedly take on the role of PPO’s director of operations who oversees paperwork and provides assistance on vetting. Po...
Tags: News, White House, Politico, Hud, State Department, Bacon, Department Of Transportation, Trump, Bush, George Washington University, Department of Housing and Urban Development, McEntee, Trump The White House, Summer Concepcion, John McEntee, Presidential Personnel Office


New-home sales surge in January

Sales of new, single-family homes rose 7.9 percent to a seasonally adjusted rate of 764,000 from December to January, according to census data.
Tags: Analysis, Radio, Predictive Analytics, Department of Housing and Urban Development, Markets & Economy, News Brief, U.S. Census Bureau


Housing Secretary Ben Carson Discusses Homelessness Solutions After LA Visit

NPR's Mary Louise Kelly speaks with Ben Carson, secretary of the Department of Housing and Urban Development, about his countrywide bus tour to address homelessness, which just visited Los Angeles.
Tags: News, Npr, Ben Carson, Department of Housing and Urban Development, Mary Louise Kelly


President Trump to Nominate Dana Wade as Federal Housing Commissioner

President Trump today announced that he intends to nominate Dana Wade as Assistant Secretary for Housing, Federal Housing Commissioner. Brian Montgomery, who currently holds the position, is awaiting Senate confirmation for a role as deputy secretary of the Department of Housing and Urban Development, after his nomination was recently confirmed by the Senate Banking Committee. HUD | HUD | Dana Wade Wade, who previously served as Acting Federal Housing Commissioner and Ass...
Tags: Featured, News, Congress, Housing, Finance, Senate, White House, Hud, Montgomery, Trump, Bush, Wade, FHA, Office of Management and Budget, Federal Housing Administration, Department of Housing and Urban Development


President Trump to Nominate Dana Wade as FHA Commissioner

President Trump today announced that he intends to nominate Dana Wade as Assistant Secretary for Housing, Federal Housing Commissioner. Brian Montgomery, who currently holds the position, is awaiting Senate confirmation for a role as deputy secretary of the Department of Housing and Urban Development, after his nomination was recently confirmed by the Senate Banking Committee. HUD | HUD | Dana Wade Wade, who previously served as Acting Federal Housing Commissioner and Ass...
Tags: Featured, News, Congress, Housing, Finance, Senate, White House, Hud, Montgomery, Trump, Bush, Wade, FHA, Office of Management and Budget, Federal Housing Administration, Department of Housing and Urban Development


7 facts about FHA loans you should know

Knowing more about how FHA works — and how to work with FHA — helps agents identify opportunities for their first-time buyer clients, who make up one in three buyers today. FHA is not for everyone, but for millions of young families, it is the piece that is solving the homeownership puzzle.
Tags: Radio, Mortgage, Credit Score, Foreclosure, First-time buyers, Fico, Steve Cook, Freddie Mac, FHA, Urban Institute, Federal Housing Administration, Fannie Mae, Department of Housing and Urban Development, Select, Refinancing, Carol Galante


Republicans get billions of dollars in public funding to fight climate change by pretending that it isn't real

The US government provides federal funds to states to help with disaster relief. This much hasn't changed under the Trump administration. In fact, in 2018, Ben Carson's Department of Housing and Urban Development launched a new program rewarding $28 billion dollars in financial support relating to natural disasters. Curiously, that press release was taken down a few days after the New York Times reported on it — specifically, on its favoritism towards red states that still won't formally admit t...
Tags: Post, Florida, Texas, News, Climate Change, California, US, Global Warming, Wyoming, New York Times, New Jersey, Hud, Louisiana, Times, North Carolina, South Carolina


As HUD Moves to Limit Assistance Animal Policy Abuse, Realtors® Applaud Common Sense Reforms

Washington, D.C. – January 28, 2020 (nar.org) National Association of Realtors® President Vince Malta issued the following statement after the Department of Housing and Urban Development unveiled new assistance animal policy guidance Tuesday afternoon. NAR’s leadership team met with HUD officials to discuss its priorities for reform last year at the department’s Washington, D.C. offices. “This law exists to protect millions of Americans with disabilities who rely on the support of the...
Tags: Real Estate, Washington, America, Radio, Hud, Malta, San Francisco CA, Carson, NAR, National Association of Realtors, Department of Housing and Urban Development, Real Estate News, Vince Malta, Malta Co Inc


African Americans Disproportionately More Likely To Experience Homelessness, Report Finds

(CNN) — African Americans are still disproportionately more likely to experience homelessness than people of other races, a government report finds. Of the approximately 568,000 people in the US experiencing homelessness on a single night last year, about 40% of them were African Americans, according to the Department of Housing and Urban Development’s 2019 Annual Homeless Assessment Report to Congress. That’s despite the fact that African Americans make up only 13 percent of the total US popula...
Tags: News, Congress, California, US, Cnn, Homelessness, United States, Washington Dc, Hud, Ben Carson, National Alliance, Economic Policy Institute, Roman, Department of Housing and Urban Development, National Alliance to End Homelessness, Cable News Network Inc


Is California Governor Gavin Newsom Serious about Homelessness?

California governor Gavin Newsom recently announced his administration’s plan to spend more than 1 billion taxpayer dollars to combat homelessness. The Californians footing the bill deserve to know if their investment will abate the crisis, or if this is yet another waste of their hard-earned dollars on the policies that precipitated it in the first place.As most are doubtless aware, California has a poor track record of dealing with its homelessness problem. The state has spent billions of doll...
Tags: News, Colorado, California, Los Angeles, San Francisco, United States, Hud, Ventura County, Gavin Newsom, Los Angeles County, Department of Housing and Urban Development, Newsom, Colorado Legislative Audit Committee, Housing First, Psh, James Ginsburg


Trump Attaches Severe Restrictions to Puerto Rico's Long-Delayed Disaster Aid

WASHINGTON -- The Trump administration on Wednesday imposed severe restrictions on billions of dollars in emergency relief to Puerto Rico, including blocking spending on the island's electrical grid and suspending its $15-an-hour minimum wage for federally funded relief work.The nearly $16 billion in funding, released while Puerto Ricans still sleep on the streets for fear of aftershocks from last week's earthquake, is part of $20 billion that Congress allocated for disaster recovery and...
Tags: New York, News, Congress, Washington Post, Washington, White House, David, House, New York Times, Hud, Donald Trump, Maria, Ben Carson, Puerto Rico, San Juan, Trump


LA County homeless count needs volunteers — especially in San Fernando Valley, South Bay, San Gabriel Valley areas

LOS ANGELES — Los Angeles Homeless Services Authority officials said Friday that they need more volunteers to sufficiently tally the county’s homeless population. The effort, known as the point-in-time count, is essential to understanding how large the homeless crisis has become and is required to be conducted by Continuum of Care providers to receive federal funding through the Department of Housing and Urban Development. This year’s point-in-time count will occur Jan. 21-23, with volunteers ca...
Tags: News, Los Angeles, Sport, Homelessness, Soccer, Homeless, Homeless Shelters, Los Angeles County, South Bay, San Fernando, San Gabriel, South Los Angeles, LA County, Department of Housing and Urban Development, Antelope Valley, Los Angeles Homeless Services Authority


NAR president applauds Trump’s planned environmental rule change

Vince Malta applauded the White House's proposal to "modernize" a rule that governs an array of infrastructure projects, though the move also drew condemnation from the left.
Tags: Climate Change, White House, Regulations, Radio, Hud, Donald Trump, Industry News, Trump, Rob Bishop, NAR, National Association of Realtors, Department of Housing and Urban Development, NEPA, House Natural Resources Committee, Maria Cantwell, Select


Tackling Misconceptions in Reverse Mortgage Guidelines

Reverse mortgage professionals are well aware of the reputational hurdles that their industry faces in terms of connecting with seniors and the wider public. Still, even the most well-meaning reverse mortgage loan officer can have their own, long-held notions about product and industry guidelines shaped by a series of misconceptions, making it necessary to try and quash those askew ideas in order to better present reverse mortgages as a viable financial product category for seniors. This was ...
Tags: Featured, Finance, Hud, LOC, CFPB, McMinn, Department of Housing and Urban Development, FAR, Lesa, Consumer Financial Protection Bureau CFPB, HECM, Finance of America Reverse, NRMLA, UPB, Dan Hultquist, Finance of America Reverse FAR


HUD seeks to roll back Obama rule on housing desegregation

The Trump administration took steps Tuesday to roll back an Obama-era rule intended to ensure that communities confront and address racial segregation in housing, saying local governments have been overburdened by the requirements. The proposed Department of Housing and Urban Development rule would redefine fair housing standards to place more emphasis on improving housing choice rather than reducing discrimination. It would reduce regulatory burdens and eliminate the assessment tool used to map...
Tags: News, Obama, Hud, Trump, Department of Housing and Urban Development


Trump stirs the pot on California’s homeless problem

Donald Trump’s Christmas-day slam on Gov. Gavin Newsom for doing a “bad job” on the homeless issue and threatening to use the federal government to address it may have been off-base given that homelessness is largely a local matter. And his chiding of House Speaker Nancy Pelosi for homeless problems in her San Francisco district may have been driven at least partly by political pique over the impeachment hearings. Yes, there’s something off-putting about a problem as complicated as homelessness ...
Tags: Congress, California, Opinion, Sacramento, San Francisco, Sport, Soccer, Idaho, Editorials, House, Nancy Pelosi, Donald Trump, Gavin Newsom, Trump, John Phillips, U S Supreme Court


Newsday deputy editor calls housing discrimination, bias widespread

Veteran journalist Keith Herbert was a member of the team that discovered widespread racial discrimination at play in the real estate industry on Long Island, New York.
Tags: New York, Interviews, Regulations, Radio, Connecticut, Hud, Agent, Michigan, Discrimination, Long Island, Industry News, Newsday, Department of Housing and Urban Development, Select, Fair Housing Act, Keith Herbert


California drives U.S. homelessness increase

The Department of Housing and Urban Development released Friday its estimate of annual homelessness in the United States, concluding that the number of homeless people in the country increased 2.7 percent over the last year.The jump is reportedly strongly tied to California's housing crisis, especially in Los Angeles and San Francisco. California alone experienced an estimated 16.4 percent increase in homelessness, despite the state's efforts to counter the issue.HUD Secretary Ben Carson...
Tags: News, Obama, California, Washington, Senate, Elizabeth Warren, Nbc News, Los Angeles, Gop, United States, New York Times, Hud, Ben Carson, Trump, Don, San Francisco California


"J.K. Rowling spent Thursday once again demonstrating a perplexing inability to pipe down and enjoy her millions."

"This time, the Harry Potter author wasn’t retconning diversity into the series she finished writing over 12 years ago or disclosing that before indoor plumbing, the wizards of her universe used to just poop themselves and magically vanish the evidence away. Instead, Rowling tweeted her support for Maya Forstater, a tax expert whose firing from a think tank over transphobic comments and subsequent court battle has generated a great deal of controversy in the U.K. In so doing, Rowling seemed to a...
Tags: UK, Law, US, Transgender, Feminism, Harry Potter, Jk Rowling, Vox, Trump, Rowling, J K Rowling, Political Research Associates, Department of Housing and Urban Development, Bigotry, Ann Althouse, U K In


U.S. housing permits hit 12-year high

Nationwide permits to build homes climbed to a 12-year high as the housing-market strengthened amid low mortgage rates, solid job growth, and optimistic buyers and builders. Permits, a proxy for future construction, increased 1.4% to an annualized 1.48 million pace. Residential starts rose 3.2% to a three-month high 1.37 million annualized rate. Key insights from the government report … Big picture: The data indicate residential construction may add to fourth-quarter growth after contributing in...
Tags: Business, Real Estate, Housing, Bloomberg, Sport, Soccer, University Of Michigan, U S Census Bureau, Department of Housing and Urban Development


Kamala Harris and other prominent Democrats are demanding an investigation into how facial recognition tech is being used on people who live in public housing

Democratic lawmakers asked Ben Carson, head of the Department of Housing and Urban Development, to look into the use of facial recognition in public housing in a letter sent Wednesday. Lawmakers expressed concern about the technology's accuracy and its potential to lead to over-policing and discrimination against women, non-cisgender people, or people of color. The letter sought information on how facial recognition technology has already been deployed, how it has affected residents, and proo...
Tags: Elon Musk, New York City, Trends, Hud, Detroit, Booker, Kamala Harris, Ben Carson, Democratic, Department of Housing and Urban Development, Ed Markey, Rashida Tlaib, Ron Wyden Kamala Harris Cory Booker Sherrod Brown, Yvette Clarke Ayanna Pressley


Zillow is working to block discriminatory ads on its website

The company is working with the attorney general's office in Washington, D.C. The efforts come amid a growing interest in fighting real estate discrimination.
Tags: Facebook, New York, Technology, Craigslist, Washington, Regulations, Radio, Washington Dc, Hud, Agent, Discrimination, Zillow, Long Island, Industry News, Department of Housing and Urban Development, Select


Reverse Mortgage Leaders: Use Strong Market to Drive Long-Term Growth

The reverse mortgage market has seen its share of ups and downs in recent years — in terms of loan volume, program rule changes, and the evolution of private products, among other measures. Yet today’s industry leaders see the industry at a point of stability, for a change, and stress the message that today’s players need to focus on the long term for the market and look beyond today. A review of the last two years shows a positive trajectory for the program, despite declining Home Equity...
Tags: Finance, Nashville, Norman, Federal Housing Administration, Department of Housing and Urban Development, Brian Montgomery, Jahangiri, HECM, American Advisors Group, Finance of America Reverse, NRMLA, Reza Jahangiri, Scott Norman


Housing starts surge in October

Housing starts in October rose by 3.8 percent to a seasonally adjusted annual rate of 1,314,000, according to the latest data from the U.S. Census Bureau.
Tags: Analysis, Radio, Zillow, Predictive Analytics, Department of Housing and Urban Development, Census Bureau, Markets & Economy, News Brief, Matthew Speakman