HUD’s Innovative Housing Showcase is returning to DC in 2025
This year, the showcase is tied to the 250th anniversary of the U.S. and an executive order issued by President Donald Trump on plans for a “grand celebration” of the milestone.
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Report suggests key HECM field office at HUD could be shut down
Among dozens of reported potential field office closures, one in Oklahoma has the potential to significantly impact the FHA-insured HECM program.
Trump memo calls for escalation of mass layoffs at federal agencies
In a memo circulated on Wednesday, President Donald Trump laid out a two-phase requirement for agencies to eliminate more positions.
Trump administration ends Affirmatively Furthering Fair Housing rule
During a media conference on Wednesday, HUD officials announced that the agency was ending the Affirmatively Furthering Fair Housing (AFFH) rule. They claim that the rule amounted to the federal government “annexing” the suburbs, a claim that was echoed by President Donald Trump in 2020.
DOGE accessed confidential HUD data on housing discrimination, report says
Elon Musk’s Department of Government Efficiency (DOGE) has accessed U.S. Department of Housing and Urban Development (HUD) confidential data related to housing discrimination, according to a report from non-profit investigative journalism outlet ProPublica. ProPublica said its findings are based on information obtained and confirmed through HUD sources.
Texas Capital Bank opposes summary judgment motion in Ginnie Mae suit
TCB says that granting the government a summary judgment in its lawsuit against Ginnie Mae would be based on on an “incorrect” idea.
NC governor needs $1.4B in block grants for post-Helene recovery. That could be a problem
The governor has requested additional funding from Congress, but the possibility of deep HUD cuts complicates the path ahead.
With Ginnie Mae under fire, concern about market disruption is growing
Ginnie Mae is a target of DOGE, but housing companies are pushing back according to reporting from Bloomberg.
Judge clears way for federal layoffs, including at the CFPB and VA
A judge cleared the path for mass layoffs of federal workers, including at the CFPB, by ruling against a Treasury Employees Union lawsuit.
HMBS 2.0 rollout could be hobbled by reported Ginnie Mae staff cuts
A former official said that layoffs at Ginnie Mae could delay or table certain programs like HMBS 2.0, but a source familiar with HUD’s plans disputed any “drastic staffing cuts.”