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House passes bill to give VA borrowers a partial mortgage claim option

May 19, 2025 by bp56691
The House passed a bill by voice vote, with begrudging bipartisan support, that offers veterans a partial claim option for VA home loans.
Categories Department of Veterans Affairs, House of Representatives, HWmember, Legislation, Mortgage, Mortgage Servicing, PennyMac, Politics, Servicing, VA Loan, Veterans

HUD approves Asheville’s hurricane recovery plan after initial objection over DEI

May 16, 2025 by bp56691
The city’s $225M recovery plan, initially rejected by HUD over DEI concerns, is one step closer to being fulfilled.
Categories Disaster Relief, Government Lending, Housing Market, HUD, Hurricane, HWmember, Natural Disaster, North Carolina, Politics

HUD secretary defends repeal of fair housing rule

May 12, 2025 by bp56691
The rule required local governments to analyze housing patterns for racial and economic disparities and submit corrective plans to HUD.
Categories Discrimination, Fair Housing, Housing Market, HUD, HWmember, National Fair Housing Alliance, Politics, Regulatory, Regulatory Compliance, Scott Turner, Trump Administration

House bill calls for bigger SALT tax breaks

May 12, 2025 by bp56691
The new SALT provision would raise the cap to $30,000 for those with a modified adjusted gross income of $400,000 or less, up from the current $10,000 limit.
Categories Donald Trump, Homeownership, Housing Market, Politics, Regulatory, Tax, Trump Administration

Why federal support for tiny homes could be a game changer

May 9, 2025 by bp56691
San Francisco-based DignityMoves is pushing for broader support on what its founder and CEO Elizabeth Funk calls “interim supportive housing.”
Categories Affordable Housing, California, Homelessness, Housing Market, HUD, Investor, Politics, San Francisco, Tiny Homes

Trump wants to cut rental assistance. His first-term budget requests show he’s serious

May 6, 2025 by bp56691
Trump wants to cut rental assistance. His first-term budget requests show he’s serious
The Trump administration released an outline for its 2026 federal budget proposal on Friday — and it calls for steep cuts to HUD programs.
Categories Affordable Housing, Data & Visuals, Donald Trump, Homelessness, Housing Market, HUD, HWmember, Politics, Public Housing, Rental Assistance

HUD secretary open to withholding federal funding from cities over homelessness

April 30, 2025 by bp56691
HUD secretary open to withholding federal funding from cities over homelessness
Turner said that withholding federal funds from cities failing to show progress on homelessness “may be a good idea.”
Categories Government Lending, Homelessness, HUD, HWmember, Politics, Scott Turner, Seattle

Democratic senator open to working with HUD on federal land for housing

April 24, 2025 by bp56691
Sen. Ruben Gallego wants to work with HUD and the DOI on its efforts to develop housing on federal land, but wants more information.
Categories Donald Trump, HWmember, Politics, Trump Administration

Trump administration eyes deep cuts to Section 8 housing vouchers

April 18, 2025 by bp56691
According to The New York Times, the Trump administration is considering dismantling existing aid and replacing it with state-run grants.
Categories Government Lending, Housing Market, HUD, HWmember, New York Times, Politics, Rental Assistance, Trump Administration, White House

DOGE places entire staff of homelessness agency on leave

April 17, 2025 by bp56691
The U.S. Interagency Council on Homelessness has reportedly placed its staff on administrative leave at the behest of DOGE, reports said.
Categories DOGE, Homelessness, HUD, HWmember, Politics
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