Search Results for keywords:"housing policy"

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Search Results: keywords:"housing policy"

  • Type:Rule
    Citation:89 FR 96096
    Reading Time:about 14 minutes

    The Department of Housing and Urban Development (HUD) has issued a final rule that updates terminology in regulations related to Housing Assistance Payments (HAP) contracts managed by State Housing Finance Agencies. The rule clarifies definitions to reflect situations where HUD or a Performance-Based Contract Administrator (PBCA) takes over contract administration when an agreement with a state agency ends. By defining these terms, HUD aims to reduce confusion about who manages certain financial accounts and ensure consistency with their longstanding policies. The changes initially proposed on July 17, 2024, are now adopted without alteration and will come into effect on January 3, 2025.

    Simple Explanation

    HUD has made a new rule to clear up who handles money and contracts when housing agencies change roles, making sure everyone's on the same page without changing the meanings from past rules.

  • Type:Rule
    Citation:90 FR 8780
    Reading Time:about 2 minutes

    The U.S. Department of Housing and Urban Development (HUD) released a final rule on January 6, 2025, for updating and streamlining the HOME Investment Partnerships Program. Initially set to take effect on February 5, 2025, HUD has delayed the effective date to April 20, 2025, in response to a presidential memorandum titled "Regulatory Freeze Pending Review." This delay is intended to allow HUD to review the rule for any potential issues or implications.

    Simple Explanation

    The government made a new rule to make a program better, and it was supposed to start soon, but they decided to wait a bit longer, until April 20, 2025, so they can check it out more first. This delay is like pressing pause to make sure everything is okay before moving forward.

  • Type:Notice
    Citation:89 FR 105622
    Reading Time:about 3 minutes

    The Department of Housing and Urban Development (HUD) is seeking approval from the Office of Management and Budget (OMB) for a collection of information to continue designating appraisers and collecting appraisal reports. This is part of the process to ensure accuracy in mortgage insurance under the Federal Housing Administration (FHA), particularly for buyers with limited income and low property equity. HUD is inviting public comments on the necessity, accuracy, and methods of this information collection by February 25, 2025. The collection aims to uphold the quality of appraisals and provide information to potential homeowners about the benefits of independent home inspections.

    Simple Explanation

    The Department of Housing wants to make sure people who check the prices of houses (called "appraisers") are doing a good job when they help people buy homes. They are asking people to say if they think the way they gather this information is a good idea, and people have until the end of February to tell them what they think.

  • Type:Notice
    Citation:89 FR 99891
    Reading Time:about 6 minutes

    The Department of Housing and Urban Development (HUD) is requesting approval from the Office of Management and Budget (OMB) for the 2025 American Housing Survey. This survey aims to provide detailed information about housing quality, costs, and neighborhood assets to support effective housing policies and programs. HUD plans to implement a continuous data collection model, intending to improve efficiency and data accuracy. The public is invited to submit comments on the necessity and utility of the information collection, especially regarding ways to minimize the data collection burden and enhance its quality.

    Simple Explanation

    The Department of Housing and Urban Development wants to ask people about their homes to make sure everyone has a good place to live, and they are asking for help to do it better. But some things are not clear, like how much it will cost, why they want to ask more people in some types of homes, and how often they're going to share what they find out.

  • Type:Notice
    Citation:90 FR 14158
    Reading Time:about 2 minutes

    The Department of Housing and Urban Development (HUD) released a notice about updating the Fair Market Rents (FMRs) for the fiscal year 2025. These updates are based on new survey data and take effect on April 28, 2025. The revised FMRs, which reflect the 40th percentile rent levels, are available on the HUD USER website. The notice clarifies that this update does not impact environmental review processes since it does not involve any physical development projects.

    Simple Explanation

    The Department of Housing and Urban Development (HUD) changed the numbers they use to figure out rent limits for some housing help in 2025, using new survey information. These changes help decide how much rent should be in different places and start on April 28, 2025.

  • Type:Proposed Rule
    Citation:90 FR 4686
    Reading Time:about 2 minutes

    The U.S. Department of Housing and Urban Development (HUD) has decided not to move forward with a proposed rule from April 2024, called "Reducing Barriers to HUD-Assisted Housing." This rule aimed to change regulations concerning applicants with criminal records or a history with the justice system for HUD housing programs. HUD will formally remove this proposal from their Spring 2025 plan and does not plan to issue a final rule on it. If HUD considers similar regulations in the future, they will issue a new proposed rule, complying with legal requirements.

    Simple Explanation

    The government wanted to make a new rule to help people with criminal records get housing more easily, but now they've decided not to make that rule. If they want to do something similar in the future, they'll have to start the process over again.