HUD and John Marshall Law School team up to launch National Fair Housing Training...
The U.S. Department of Housing and Urban Development (HUD) announced today that it is partnering with the John Marshall Law School in Chicago and Cloudburst Consulting Group, Inc., to develop the National Fair Housing...
Apartment Market Update
Two new reports on the state of the multifamily housing market in June have been released. The reports by Apartment List and by RealPage both show a healthy market, but they differ in their...
HUD to collaborate with private sector on Opportunity Zones Challenge
The U.S. Department of Housing and Urban Development (HUD) announced the Department will co-lead an Opportunity Zone-focused workforce challenge of the U.S. Census Bureau’s “The Opportunity Project (TOP)” initiative. TOP is a unique and...
HUD makes record $2.3 billion available to support thousands of local homeless programs
In a continuing effort to prevent and end homelessness, the U.S. Department of Housing and Urban Development (HUD) today is making a record $2.3 billion available to support thousands of local homeless assistance programs...
The Michaels Organization Educational Foundation awards $1 million in college scholarships
It was the urban farm in her Legends South community that first sparked Gertrude’s interest in horticulture and the idea that gardening could be therapeutic. Three years later, Gertrude, 56, will be heading to Oakton Community...
Statement from NAHB Chairman Greg Ugalde on President Trump’s Housing Affordability Executive Order
Greg Ugalde, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Torrington, Conn., attended today's signing ceremony at the White House and issued the following statement after President Trump signed...
Bridge highlights opportunities in Class B
A recent report from Jack Robinson, Managing Director of Research at Bridge Investment Group, focuses on value-add Class B multifamily properties as an investment class. It concludes that they provide an attractive and recession-resistant...
Census releases housing construction data for May 2019
The Census Bureau released its monthly new residential construction report for May 2019. The report shows continued strength in multifamily housing construction. Multifamily housing permits largely unchanged The preliminary report for May shows that permits for...
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...
BLS reports solid jobs market data
This week, the Bureau of Labor Statistics (BLS) released its Job Openings and Labor Turnover (JOLT) report for April. Its data on the parts of the job market of interest to the multifamily industry,...
Construction materials prices steady in May
The Bureau of Labor Statistics (BLS) released its producer price index report for May 2019. It showed that overall prices for processed goods for intermediate demand fell by 0.2 percent in the month. The...
Slower start to the rent growth season
Yardi Matrix released its May report on the multifamily housing market. The report describes a market with moderating year-over-year rent growth but still-solid occupancy numbers. Rents move upward more slowly Yardi Matrix reported that the average rent...
PCBC looks at the multifamily housing market
At the Pacific Coast Builder's Conference in San Francisco, Ryan Davis of Witten Advisors gave an overview of the state of the economy in general and of the multifamily housing market in particular. Highlights...
Regulation and housing affordability discussed at PCBC
At the Pacific Coast Builder's Conference in San Francisco, Doug Bibby, President of NMHC, gave a talk about why rent control has become an issue, both in California with last year's Proposition 10, but...
Builders call on Congress to address housing affordability challenges
As the National Association of Home Builders (NAHB) celebrates National Homeownership Month in June, builders are urging Congress to address America's housing affordability challenges. "Removing regulatory barriers that contribute to the increased costs of housing will pave the...
