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HUD ramps up discussions about relocating its headquarters

Housing Wire

Citing concerns about renovation needs, associated costs and even ugliness, the U.S. Weaver Federal Building has been home to HUD since the General Services Administration (GSA) completed its construction in 1968, using brutalist architecture. according to a recent report from Bloomberg. The Robert C.

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HUD announces $175M funding opportunity for rental construction, renovation

Housing Wire

This particular funding opportunity is designed to impact communities with demographic and size variations by setting aside $65 million for CoCs that are “located in states with populations of fewer than 2.5 It is designed to address both the immediate impacts of homelessness as well as risk factors that contribute to it, HUD explained.

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HouseAmp, Renovation Sells seek to streamline the presale process

Housing Wire

What do you get when you combine home renovation specialists with a lender that can provide funds in short order? The new partnership between HouseAmp and Renovation Sells. The Renovation Sells platform focuses on design and construction, while the loans come from HouseAmp.

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HUD announces $72.6M in new Native American community grants

Housing Wire

The grant funds will be primarily deployed to bolster infrastructure, construction or renovation of community buildings, housing rehabilitation, land acquisition and economic development for the American Indian and Alaska Native populations. Department of Housing and Urban Development (HUD) on Monday announced the disbursement of $72.6

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New construction vs. resale homes: How agents can guide buyers in today’s market

Housing Wire

With high prices and still stiff competition, those looking to buy a home in today’s real estate market need to consider every opportunity, including the choice between new construction or a resale home. Census Bureau, the median sale price of a new construction home in March 2024 was $430,700.

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How New Hampshire is looking to alleviate its housing crisis

Housing Wire

It is encouraging to see some uptick in apartment construction in some of our larger communities. Underlying issues Despite this progress, Dapice and others are frustrated by the lack of new construction especially starter homes in the state. They want to attract younger employees, including recent college graduates.

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How non-QM loans boost mortgage originator for success in 2025

Housing Wire

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. Also, DSCR five- to nine-unit loans are designed for larger multi-family homes. Equity solutions Home renovations and debt consolidation are two avenues toward financial prosperity for borrowers.

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