Democrats question legality of Fannie, Freddie board purges
Less than 4 days after being confirmed as head of the mortgage giants' federal regulator, housing scion Bill Pulte fired 14 board members and made himself the chair of both companies
by Matt Carter Apr 16
Federal judge saves HUD fair housing grants from DOGE cuts
A federal judge has temporarily blocked the Department of Housing and Urban Development from canceling $30M in grants as Democratic lawmakers demand HUD edit its cost-cutting plans
by Marian McPherson Mar 27
HUD to lay off approximately 4,800 employees under Trump plan
The US Department of Housing and Urban Development will eliminate half of its workforce as part of the Trump administration’s latest effort to reduce federal costs, it announced Thursday
by Richelle Hammiel Feb 14
Median price up in 49% of Opportunity Zones: Attom
Prices increased in 61% and median prices were up by 10% annually in half of the Zones studied, tracking at a similar pace as typical properties outside of areas benefitting from tax subsidies
by Craig C. Rowe Feb 13
Name change, budget cuts at top of HUD secretary’s list
Scott Turner put budget cuts and a department name change at the top of his list, while fair housing and diversity, equity, and inclusion programs were noticeably absent
by Marian McPherson Feb 6
Senate confirms Scott Turner as HUD secretary in 55-44 vote
Former Texas state representative and NFL star Scott Turner will now lead the Department of Housing and Urban Development after being confirmed in a Senate vote of 55-44
by Marian McPherson Feb 5
Will HUD Secretary Scott Turner be good for housing?
Opinion
Broker and former US Senate legislative correspondent Cara Ameer offers issue-by-issue analysis of the confirmation hearing for Scott Turner, newly confirmed as HUD Secretary
by Cara Ameer Feb 5
Former HUD Secretary: We need big ideas on affordable housing
At her first ICNY appearance, former HUD Acting Secretary Adrianne Todman talked about missed opportunities to improve inventory and the lack of will for solving affordability challenges
by Marian McPherson Jan 24
Trump's HUD seeks to eliminate climate change and bias initiatives
President Trump's 2nd term is a chance to overturn Obama-era housing discrimination policies. Housing advocates fear Trump will succeed, undermining 56 years of fair housing progress
by Marian McPherson Jan 22
Housing affordability will influence vote in 2024 presidential race: Poll
In a new survey released Monday, Redfin revealed more than half of US homeowners and renters 'feel negatively' about housing affordability and want a 2024 presidential candidate who can fix it
by Marian McPherson Mar 11
More areas ID'd for redevelopment see big home-price gains
Investors in these lower-income 'opportunity zones' receive tax incentives for improvements. And 2 in 5 of these neighborhoods saw a disproportionately large rise in home prices in late 2024
by Daniel Houston Feb 14
Price gains in 'opportunity zones' keep pace with national hikes
Census tracts chosen for preferential tax treatment in 2017 tax bill are seeing prices rise, have attracted buyers priced out elsewhere, according to a new report from Attom Data Solutions
by Taylor Anderson May 25
Home prices rise in opportunity zones, but lag behind nationwide gains
A report by Attom Data Solutions reveals that opportunity zones experienced a strong quarter, but gains still fell below the pace of broader metro areas across the US
by Lillian Dickerson Nov 11
11 neighborhoods ripe for opportunity zone investment
A new report by Attom Data Solutions and CityBldr highlights areas with the greatest potential for taking advantage of tax benefits in order to revive densely packed, low-income communities
Prices rose in 64% of opportunity zones during first quarter
Although the first quarter saw an overall increase in median home prices in a majority of opportunity zones, Attom Data Solutions noted that those numbers do not yet reflect the full effect of the COVID-19 pandemic on the market
by Lillian Dickerson May 13