Federal Housing Administration and HUD Office of Housing
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Federal Housing Administration and HUD Office of Housing

http://www.hud.gov/
Last activity: 17.05.2024
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The U.S. Department of Housing and Urban Development's Office of Housing plays a vital role for the nation's homebuyers, homeowners, renters, and communities through its nationally administered programs. The Office of Housing includes the Federal Housing Administration (FHA) one of the largest mortgage insurers in the world with an active insurance portfolio of over $1.3 trillion for mortgages on single family and multifamily properties and healthcare facilities. The Office also:
-Administers HUD's Manufactured Housing program, which oversees federal standards for the design and construction of manufactured homes across the country;
-Encourages recapitalization of the nation's aging affordable housing stock through programs such as the Rental Assistance Demonstration;
-Manages HUD’s Multifamily Project-Based Rental Assistance and other rental assistance programs, which provide support for low and very low income households;
-Supports Section 202 Housing for the Elderly and Section 811 Housing for Persons with Disabilities programs, which provide affordable housing for some of the nation's most vulnerable populations;
-Facilitates housing counseling assistance through HUD's Office of Housing Counseling; and
-Executes robust asset sale programs to facilitate participation by mission-oriented non-profit organizations and units of local government.
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Location: United States, Washington
Employees: 5001-10000
Total raised: $1.15B
Founded date: 1934

Funding Rounds 3

DateSeriesAmountInvestors
15.05.2024-$1.1B-
23.02.2024-$3.8M-
16.09.2021-$51M-

Mentions in press and media 621

DateTitleDescription
17.05.2024Biden administration prioritizes funding for tribal housing and health hazards in low-income homesThe U.S. Department of Housing and Urban Development (HUD) under the Biden administration is making waves with significant funding announcements. A record $1.1 billion is being allocated to the Indian Housing Block Grant (IHBG) program, wit...
17.05.2024King County homeless count risesfigcaption>span]:font-sans"> More than 16,000 people experienced homelessness in King County on any given night this year, 23% more than were counted two years ago, according to new data released this week. Why it matters: Washin...
16.05.2024 Bob Broeksmit proposes housing czar to address ‘regulatory knots’Mortgage Bankers Association (MBA) president and CEO Bob Broeksmit proposed creating a national director to oversee housing policies and address the “regulatory knots” that “sap the country’s economic strength.” This czar, called the “Natio...
16.05.2024 Builders are pulling back on single-family home constructionEven with a massive housing shortage across the nation, homebuilders are completing their pipelines and not seeking as many permits to construct new single-family houses. Privately owned housing starts climbed to a seasonally adjusted annua...
16.05.2024 Opinion: Fair Housing Month is over. “I’m tired of talking about race and I don’t know anyone with a disability.”As of April 2024, “Fifty-seven percent of all respondents in a recent Zillow survey reported experiencing housing discrimination of some kind. However, fewer than half of respondents said fair housing is important to them or their families ...
15.05.2024 HUD announces $1.1B to fund tribal housing and community developmentThe U.S. Department of Housing and Urban Development (HUD) on Wednesday announced that the Biden administration has approved a record $1.1 billion in funding for the Indian Housing Block Grant (IHBG) program, and an additional $75 million f...
15.05.2024 Builder sentiment posts its first decline since NovemberWith mortgage rates hovering north of 7% for the past few months, builder confidence declined for the first time since November 2023. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) sat at 45 in May, ...
14.05.2024 Republican senator takes aim at Biden’s housing policiesWhile the U.S. Department of Housing and Urban Development (HUD) exists to facilitate the needs that Americans have for housing — needs that are challenged by affordability, inventory, mortgage rates and more — recent policies of the Biden ...
13.05.2024 Rocket settles fair lending case on tribal landsRocket Mortgage, the third largest U.S. mortgage lender, has entered into a conciliation agreement with the U.S. Department of Housing and Urban Development (HUD) to resolve allegations of discriminatory housing practices, the parties annou...
07.05.2024 What a 15-year market share high means for the broker industryRecent data from Inside Mortgage Finance shows a significant leap in broker market share, jumping to 24.3% in Q4 2023, the highest number we’ve seen since 2009. This is a true testament to the care, commitment and passion brokers across the...
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