Mortgage rates reach 7 percent – housing prices could drop 20 percent. An online real estate marketplace recently reported that barely one in five U.S. households could afford…
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FHA-Insured Mortgage Premium Reduced
Vice President Harris announces the HUD measure while in Maryland. The Federal Housing Administration (FHA) announced that insurance premiums for FHA-insured mortgages will be reduced from 0.85 to…
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New HUD Guidance Issued for Low-Income Elderly Support
Provision of transportation, health, and wellness programs outlined by the federal housing department. The Department of Housing and Urban Development (HUD) has published new guidance for supportive service…
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VA Announces $30 Million for Formerly Homeless Veterans
Funding allocated for organizations to hire case managers. The Department of Veterans Affairs has announced that $30 million in funding will be distributed to organizations focused on rehousing…
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Bill Would Deny Federal Handouts to Traffickers
Proposed legislation includes smuggling, transporting, and harboring traffickers. Senator Marsha Blackburn of Tennessee was joined by Senators Katie Britt of Alabama and Cindy Hyde-Smith of Mississippi in introducing…
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Treasury Department Awards $690 Million for Rental Assistance
Funds are being distributed to 89 state and local grantees. The Department of the Treasury released an additional $690 million for rental assistance through their Emergency Rental Assistance…
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HUD Announces $5.5 Million for Hispanic Serving Research Centers
The funding is directed toward studying topics relevant to Hispanic community and housing. The Department of Housing and Urban Development (HUD) recently announced $5.5 million for Hispanic Serving…
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The Conference Board Leading Economic Index Falls for Tenth Month
The results have led some to believe a recession is coming. The Conference Board Leading Economic Index (LEI), which is a barometer of the health of the American…
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HUD Rule Would Require Community Equity Plans
Proposed rules revamp fair housing commitments. A new rule from the Housing and Urban Development Department would require localities and states to submit equity plans every five years…
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Administration Working on Tenant Protections
The government is considering more restrictions on landlords. The White House announced that new measures to protect tenants are being prepared. The options being considered are intended to…
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