The U.S. Department of Housing and Urban Development (HUD) announced that Alanna McCargo is resigning as president of the Government National Mortgage Association (Ginnie Mae), effective May 3. McCargo became Ginnie Mae’s 18th president and first female leader...
The U.S. Department of Housing and Urban Development (HUD) has updated its policies for wind and named storm insurance coverage required for multifamily properties financed with a Federal Housing Administration (FHA)-insured mortgage. According to HUD, the updates are...
Single‐family housing starts in March were at a rate of 1.02 million, according to new data from the U.S. Census Bureau and Department of Housing and Urban Development. This is 12.4% below the revised February figure of 1.16 million. Privately‐owned housing starts in...
The U.S. Department of Housing and Urban Development (HUD) and the City of Indianapolis signed an agreement to take possession over the Indianapolis Housing Agency (IHA). HUD and the city government said this action was designed to “restore public confidence” in the...
The U.S. Department of Housing and Urban Development (HUD) has issued a new notice of funding opportunity through the FY24 Choice Neighborhoods Planning Grant to provide $10 million for support local planning efforts to revitalize communities. Approximately 20...