Multifamily mortgage originations fall in Q2
A Mortgage Bankers Association (MBA) report on mortgage originations shows that, while multifamily mortgage originations fell in the latest quarter, they held up better than did originations for other commercial property types.
Setting a baseline
The...
Rent Payment Tracker: payments down from last month
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 86.8 percent of apartment households made a full or partial rent payment by October 13 in its survey of 11.5 million units of professionally...
Jobs market continues slow improvement
Two recent reports from the Bureau of Labor Statistics (BLS) describe the current labor situation. They are the Employment Situation Report for November and the Job Openings and Labor Turnover (JOLT) report for October....
April apartment market conditions show improvement
Apartment market conditions showed improvement in the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for April 2021, as the industry begins to see signs of optimism. While the Sales Volume (77)...
Rents move higher in September
The latest rent reports from Yardi Matrix and Apartment List show strongly positive rent growth for the country as-a-whole in September.
Rents up across the board
Yardi Matrix reported that the national average apartment rent rose...
Builder confidence climbs to 70 in May
Builder confidence in the market for newly-built single-family homes rose two points to a level of 70 in May after a downwardly revised April reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI)....
HUD awards nearly $20 million to support homeless programs in Puerto Rico and US...
The U.S. Department of Housing and Urban Development (HUD) today awarded nearly $20 million to support to dozens of local homeless housing and service programs in Puerto Rico and the U.S. Virgin Islands. The Continuum...
Rent Payment Tracker: payments up slightly from last month
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 76.6 percent of apartment households made a full or partial rent payment by January 6 in its survey of almost 11.3 million units of...
Banks increase share of multifamily mortgage debt in Q2
A Mortgage Bankers Association (MBA) report on commercial and multifamily mortgage debt shows that the GSEs continued to be the largest source of net new multifamily mortgage funds in Q2. However, for the first...
HUD announces $10 million in “sweat equity” grants
The U.S. Department of Housing and Urban Development (HUD) today awarded $10 million in "sweat equity" grants to four non-profit self-help housing organizations which will create at least 535 affordable homes for hard-working, low-income...
HUD and US Virgin Islands sign $243 million disaster recovery grant agreement
U.S. Department of Housing and Urban Development (HUD) Deputy Secretary Pamela Hughes Patenaude and the U.S. Virgin Island's Governor Kenneth Mapp today announced the formal execution of a $243 million grant agreement to help...
Remarks by Secretary Ben Carson Ginnie Mae Summit 2019
As prepared for delivery.
Acknowledgments; Introduction
Thank you, Maren. We are very fortunate to have you leading this great agency. Maren has done a tremendous job, and HUD is grateful for her steady hand at the...
Strong multifamily mortgage originations in Q1
A report from the Mortgage Bankers’ Association (MBA) says that multifamily mortgages originations in Q1 were up sharply on a year-over-year basis.
Tracking multifamily mortgage originations
The first chart, below, shows the quarterly origination volume indices...
NMHC and NAA support Senate Banking Committee’s approval of Mark Calabria to be Director...
Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) on the approval by the Senate Committee on Banking, Housing, and Urban Affairs of Mark Calabria’s nomination to be the next...
HUD proposes new rule recognizing additional building codes and standards to encourage more housing...
The U.S. Department of Housing and Urban Development (HUD) today announced a proposed rule that would recognize additional sets of standards and model building code editions that, when followed in the design and construction...