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HUD Suspends Funding to Los Angeles Homeless Agency, Citing Corruption and Fraud

HUD Suspends Funding to Los Angeles Homeless Agency, Citing Corruption and Fraud

by Phil Hall | Jun 12, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The Department of Housing and Urban Development (HUD) announced the immediate suspension of the Los Angeles Homeless Services Authority (LAHSA), the lead agency for the city’s homelessness response, citing financial irregularities and program mismanagement. In a...
Frank Cassidy Steps Down as FHA Commissioner

Frank Cassidy Steps Down as FHA Commissioner

by Phil Hall | Jun 5, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Frank Cassidy has announced he has stepped down as commissioner of the Federal Housing Administration (FHA) and Assistant Secretary for Housing. Cassidy joined the Department of Housing and Urban Development in April 2025 and was confirmed by the Senate as FHA...
HUD: Homeless Population Declined by 3% in 2025

HUD: Homeless Population Declined by 3% in 2025

by Phil Hall | Jun 1, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The US homeless population declined by 3% during 2025, according to a new report published by the Department of Housing and Urban Development (HUD). The report uses data from a point-in-time survey conducted on a single night in January to determine the depth and...
New Rules Proposed for Grants Issued by Federal Agencies

New Rules Proposed for Grants Issued by Federal Agencies

by Phil Hall | May 29, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The Trump administration has proposed changes to the rules on how grants will be issued by Executive Branch agencies, including the Department of Housing and Urban Development and the Small Business Administration. The proposed changes will emphasize “merit-based...

HUD Revises Environmental Review Requirements for Multifamily Developments

by Phil Hall | May 8, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Department of Housing and Urban Development (HUD) has updated the environmental review requirements for multifamily housing development and lending. The updates, which were issued earlier this week through the Federal Housing Administration (FHA) via a Mortgagee...
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