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Department of Housing and Urban Development
Trends
- 1Senate bill would match first-time homebuyers' savings five-to-one●New Senate bill: first-time homebuyers who save up to $10,000 would get a 5-to-1 HUD match, capped at $50,000. Homes mus
A new Senate bill would give first-time homebuyers a five-to-one match from the Department of Housing and Urban Development on personal savings of up to $10,000, capped at $50,000. To qualify, the home would have to be priced at or below the area median, and only the buyer's own savings would count toward the match. The proposal is being shared as a potential boost for affordability.
- 2Trump administration cuts target health, housing programs●Updated: Proper link(!) "Most of the cuts are focused on Health and Human Services programs...housing counseling service
Reports indicate a new round of budget cuts under the Trump administration is concentrated in Health and Human Services programs, including grants the administration itself identified, as well as housing counseling services run by the Department of Housing and Urban Development. Commenters are sharing the details, pointing to the impact on low-income households relying on federal support for healthcare and housing assistance.
- 3HUD showcases innovation in search of affordable housing solutions●HUD showcases innovation, looks for affordable housing solutions
The US Department of Housing and Urban Development is showcasing innovative approaches as it searches for solutions to the country's affordable housing shortage. The story is being carried by Sinclair-owned local stations across the country, including outlets in Maine, Texas and South Carolina, reflecting widespread interest in how federal housing policy might address rising housing costs.