HUD rental assistance demonstration reaches historic 100,000 unit milestone
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced that 100,000 units of affordable public housing have been preserved through the Department’s Rental Assistance Demonstration (RAD), an innovative approach to confronting the...
Housing starts rise in August amid ongoing affordability concerns
Total housing starts increased 9.2 percent in August to a seasonally adjusted annual rate of 1.28 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. The August...
Statement from NAHB Chairman Randy Noel on Chinese Tariffs
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today issued the following statement on President Trump's decision to impose tariffs on an additional $200 billion worth...
Rent reform, AFFH, supply and housing vouchers
HUD Secretary Ben Carson, NMHC Fall Meeting Washington, DC ~ September 14, 2018 Introduction Thank you, Sue, for the kind introduction. I am delighted to join you for your fall Council Meeting. The National Multifamily Housing Council...
A 10-year anniversary highlights need for housing finance reform
With Fannie Mae and Freddie Mac now marking their tenth year of conservatorship, the National Association of Home Builders (NAHB) today called on Congress to make it a priority to enact comprehensive reform to the nation's housing...
HUD and Census Bureau release new American housing survey
Renters are three times more likely to need financial assistance to evacuate during a major disaster than those who own their own homes. That’s according to the new 2017 American Housing Survey released today...
NMHC/NAA Testify Before Congress on Behalf of Apartment Industry
Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) on today’s Congressional testimony before the Housing and Insurance Subcommittee by Sue Ansel, President and Chief Executive Officer, Gables Residential and...
Regulations account for nearly one-third of multifamily costs, builders tell Congress
Layers of excessive regulation translate into higher rents, reduced affordability for consumers and on average, account for almost one-third of a multifamily project's development and building costs, the National Association of Home Builders (NAHB) told Congress today. Testifying...
HUD awards $18 million to clean up dangerous lead in public housing
In an effort to identify and eliminate lead-based paint hazards in public housing, the U.S. Department of Housing and Urban Development (HUD) today announced it is awarding $18 million to 20 public housing agencies...
HUD awards $99 million to provide affordable housing to people with disabilities
The U.S. Department of Housing and Urban Development (HUD) today awarded $98.5 million to 285 local public housing authorities across the country to provide permanent affordable housing to nearly 12,000 additional non-elderly persons with...
Enodo identifies 9,000 undervalued multifamily properties nationwide
Enodo, an automated underwriting platform for multifamily real estate, recently applied its price and cap rate prediction algorithms to its database of 1.7 million assets nationwide to identify the nation’s most statistically undervalued multifamily...
HUD awards $5 million to 22 public housing agencies for emergency and security improvements
In an effort to keep public housing residents safe and secure, the U.S. Department of Housing and Urban Development (HUD) is awarding $5 million in grants to 22 public housing authorities. HUD’s Capital Fund Emergency Safety...
Following court ruling, HUD moving forward on amending affirmatively furthering fair housing regulations
In the wake of a federal court decision upholding the U.S. Department of Housing and Urban Development’s approach to rule-making, HUD Secretary Ben Carson today announced that HUD intends to move forward in amending...
HUD launches campaign to boost landlord acceptance of housing vouchers
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced a Department-wide task force as part of a larger campaign to encourage more landlords to participate in the Housing Choice Voucher (HCV) Program....
55+ housing market shows continued strength in second quarter
Builder confidence in the single-family 55+ housing market continued to be in positive territory in the second quarter of 2018, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI) which was released...
