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HUD Proposes Revised ‘Disparate Impact’ Rule

WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today published a proposed rule to amend the HUD interpretation of the Fair Housing Act’s disparate impact standard. The...

FHA Issues New Condominium Approval Rule

WASHINGTON - In an effort to promote affordable and sustainable homeownership, especially among credit-worthy first-time buyers, the Federal Housing Administration (FHA) today published a...

U.S. Will Back More Condominium Loans Aimed at First-Time Buyers

The Trump administration is vastly expanding the scope of condominium purchases eligible for lower-down-payment loans.

FHA To Promote Greater Residential and Commercial Development in OZs

WASHINGTON - To stimulate greater multifamily residential and commercial development in Opportunity Zones, U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced the Federal...

Lower Mortgage Rates Aren’t Likely to Reverse Sagging Home Sales

U.S. mortgage rates have tumbled to their lowest level in nearly three years, but they are unlikely to provide much of a lift to the sagging home-sales market.

HUD Awards $25 Million to 25 Local HIV/AIDS Housing Programs

WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today announced nearly $25 million to assist more than 2,054 low-income persons living with HIV/AIDS and their families over a...

Budget Negotiators Close on Debt, Agency Spending Deal

WASHINGTON — The Trump administration and House Speaker Nancy Pelosi are on the cusp of a critical debt and budget agreement, a deal that would amount to an against-the-odds victory for Washington...

HUD Awards $4.8 Million to Help Low-Income Veterans Rehabilitate Their Homes

WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced $4.8 million in funding through the Veterans Housing...

A New Approach on Housing Affordability

A growing number of Americans are struggling to cope with the high and rising cost of rental housing in the United States. On any given night last year, more than half a million Americans were...