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US Senate committee approves full funding for Ginnie Mae

Housing Wire

Senate appropriations committee this week approved full funding for the fiscal year 2025 Transportation, Housing and Urban Development, and Related Agencies Appropriations Act (T-HUD), which provides $98.737 billion in total discretionary funding for agencies including Ginnie Mae. Patty Murray (D-Wash.), the chair of the committee.

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HUD details funding, policy support for green homes and climate resilience

Housing Wire

Department of Housing and Urban Development (HUD) on Thursday detailed a series of actions and initiatives it has undertaken to bolster climate resiliency while supporting green housing initiatives that stem from Inflation Reduction Act funding and recently announced plans to combat the effects of extreme heat.

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States are making ADUs easier to build. Now it’s up to municipalities to follow suit.

Housing Wire

Ultimately, though, local governments remain the key gatekeepers when it comes to ADU liberalization. While state-level ADU policies take aim at local rules that hamper ADU development, there’s still work to be done. That’s because impact fees can add up to more than enough to stifle ADU development. But first, the good news.

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Boston suburb works to comply with new state multifamily construction law

Housing Wire

The law, which went into effect in early February, requires 177 communities served by the Massachusetts Bay Transportation Authority (MBTA) to eliminate barriers that could restrict the zoning and construction of multifamily housing units. In New York, Gov. In Washington state, Gov.

Law 370
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To expand housing counseling services, HUD taps Zillow

Housing Wire

The federal government is launching a campaign on Zillow to help provide housing counseling services to more Americans. Department of Housing and Urban Development (HUD) on Tuesday also will publish a new final rule in the Federal Register to expand accepted communication methods for counseling clients. The Department of U.S.

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A Closer Look at Fair Housing Complaint Metrics

Appraisal Buzz

House of Representatives Committee on Appropriations’ Subcommittee on Transportation, Housing and Urban Development (THUD). Department of Housing and Urban Development (HUD) and the U.S. The report also criticizes recent funding allocations from the U.S. Department of Justice (DOJ) handled 5.10% and 0.12% respectively.

Law 369
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FHA borrower fee gridlock draws ire of industry

Housing Wire

Income from FHA premiums go into the general Treasury fund when Congress passes a Transportation and HUD appropriations bill. The connection between the upfront, annual and life-of-loan fees FHA borrowers pay and funding for, say, community development block grants, is not immediately apparent. In effect, it’s a tax on FHA borrowers.

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