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Recent News
The U.S. Department of Housing and Urban Development (HUD) Office of Multifamily Housing published Notice H 2021-05 Thursday opening the application period for supplemental funding due to the COVID-19 pandemic for properties receiving assistance as part of the Section 8, Section 202 or Section 811 programs.
The U.S. Department of Housing and Urban Development (HUD) issued a notice Monday updating flat rent submission requirements.
The U.S. House of Representatives Financial Services Committee today voted to approve legislation that drives $322 billion to housing and community development resources.
The U.S. Census Bureau today released its 2021 Current Population Survey Annual Social and Economic Supplement (CPS ASEC) report. The report indicated that, between 2019 and 2020, real median household income decreased 2.9% to $67,521 and the total number of people with earnings decreased by about 3 million. The number of those who worked full-time, year-round decreased by approximately 13.7 million. The real median earnings of all workers decreased 1.2%, while the real median earnings of those who worked full-time, year-round increased 6.9% between 2019 and 2020. The poverty rate increased for the first time after five consecutive annual declines, reaching 11.4% in 2020, up almost a full percentage point from 10.5% in 2019.
The U.S. Department of Housing and Urban Development (HUD) will publish a notice in Friday’s Federal Register establishing a process by which units under Section 8 housing assistance payment contract originally executed under the Rental Assistance Demonstration (RAD) program can be replaced if they are unavailable for occupancy due to a natural disaster or other causes.
