Housing starts fall 12.3 percent as tariffs draw increased concern
Total housing starts fell 12.3 percent in June to a seasonally adjusted annual rate of 1.17 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. The June...
Builder confidence stays at healthy level in July
Builder confidence in the market for newly-built single-family homes remained unchanged at a solid 68 reading in July on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). "Consumer demand for single-family homes is holding strong...
HUD awards $43 million to help end youth homelessness
To help end youth homelessness, the U.S. Department of Housing and Urban Development (HUD) is awarding $43 million to 11 local communities, including five rural areas, through its Youth Homelessness Demonstration Program (YHDP). This...
HUD approves US Virgin Islands’ $243 million disaster recovery plan
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced he is approving a disaster recovery plan to help citizens in the U.S. Virgin Islands to recover from Hurricanes Irma and...
HUD charges New York developer, owner, construction company, and architect with discriminating against persons...
The U.S. Department of Housing and Urban Development (HUD) announced today that it charged a New York-based developer, owner, construction company and architect with housing discrimination for failing to design and construct a condominium...
HUD approves $616 million Florida disaster recovery plan
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson announced he is approving a disaster recovery plan to help Floridians recover from Hurricane Irma. In November, HUD allocated $616 million to the Sunshine...
HUD announces winners of 2018 Healthy Homes Awards
The U.S. Department of Housing and Urban Development (HUD) and the National Environmental Health Association (NEHA) are pleased to announce the winners of the 2018 HUD Secretary’s Award for Healthy Homes, an award recognizing...
HUD charges Alabama property management company and its property manager with discriminating against families...
The U.S. Department of Housing and Urban Development (HUD) announced today that it has charged Mobile, Alabama-based Bienville Property Management, Inc., which does business as Showhomes Mobile and Baldwin Counties, and its property manager...
HUD warns California landlords for failing to comply with lead safety regulations
The U.S. Department of Housing and Urban Development (HUD) today announced it issued notices of violation against the owners of eight HUD-assisted properties throughout California for violations of HUD’s lead safety rules and regulations. These...
Commercial/multifamily mortgage debt outstanding posts largest Q1 increase since before Great Recession
The level of commercial/multifamily mortgage debt outstanding increased by $44.3 billion in the first quarter of 2018 as all four major investor groups increased their holdings. That is a 1.4 percent increase over the...
HUD approves $5 billion Texas disaster recovery plan
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced he is approving a disaster recovery plan to help Texans recover from Hurricane Harvey. In November, HUD Deputy Secretary Pamela Hughes...
Statement from NAHB Chairman Randy Noel on rules pertaining to AHPs
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom builder from LaPlace, La., today issued the following statement regarding the Trump administration's finalized rule promoting association health plans: "NAHB commends President Trump and...
Housing starts reach post-recession high in May as permits soften
Total housing starts rose 5 percent in May to a seasonally adjusted annual rate of 1.35 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. This...
LIXIL Americas, makers of American Standard, contribute to skilled labor fund
The National Housing Endowment, the philanthropic arm of the National Association of Home Builders (NAHB), today welcomed a significant donation from plumbing fixture manufacturer LIXIL Americas for the Skilled Labor Fund, an industry-wide effort to provide scholarships...
Builder confidence slips two points as lumber prices soar
Builder confidence in the market for newly-built single-family homes fell two points to 68 in June on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The decline was due in large part to sharply...
