In the News

HUD Releases FY 2023 Fair Market Rents

September 23, 2022    

On Sept. 1, HUD released the FY 2023 Fair Market Rents (FMRs). HUD is required by law to set FMRs every year. FMRs are an estimate of the amount of money that would cover gross rents (rent and utility expenses) on 40 percent of the rental housing units in an area. They go into effect on Oct.

HUD Releases Updated PHA Disaster Readiness Guidebook

September 23, 2022    

HUD recently released an updated version of its Public Housing Agency (PHA) Disaster Readiness, Response, and Recovery Guidebook to assist PHAs in effectively navigating the disaster process. Data shows disasters disproportionally affect low-income and historically marginalized communities,...

Bill Introduced to Expand HUD Service Coordinators

September 23, 2022    

On Sept. 15, Representative Adam Smith (D-WA) introduced the Expanding Service Coordinators Act. The two primary programs that fund service coordinators for residents of federally assisted housing are the Multifamily Housing Service Coordinator program and the Resident Opportunity and Self-...

GAO Gives HUD Update on Open Recommendations

August 11, 2022    

The Government Accountability Office (GAO) recently reminded HUD of some ways it could improve its operations. In November 2021, GAO reported that 67 percent of its recommendations for HUD made four years prior were implemented. And HUD has implemented four of GAO’s 13 priority...

HUD Offers Additional $113M to Build Renter Resiliency

August 11, 2022    

HUD recently released an agenda for economic justice that describes actions the department will take to help low-income renters build assets, along with a Notice of Funding Opportunity for $113 million for the Family Self-Sufficiency (FSS) program to help HUD-assisted families increase earned...

Housing Report Highlights Affordability Challenges

July 14, 2022    

A surge in consumer prices has made the affordability challenge for renters even more severe, particularly for low-income households and households of color, according to The Joint Center for Housing Studies of Harvard University (JCHS) annual report, “The State of the Nation’s...

House Appropriations Committee Advances Final Appropriations Bills

July 14, 2022    

The House Appropriations Committee recently approved a fiscal 2023 funding bill that covers the Department of Transportation and HUD. This was the last of 12 annual government funding bills to pass out of the committee this year and its passage capped off weeks of partisan battles over how the...

HUD Launches Affordable Housing Supply Initiative

June 9, 2022    

HUD Secretary Marcia Fudge recently announced “Our Way Home,” a new national initiative to increase and preserve affordable housing supply. As part of the initiative, HUD is seeking to learn from and elevate lessons from communities that are building and preserving affordable homes....

HUD Expands Asset-Building Support for HUD-Assisted Families

June 9, 2022    

HUD recently announced that it will publish a rule to implement changes to the Family Self-Sufficiency (FSS) program. The FSS program promotes increased earnings and savings among families receiving HUD-funded rental assistance. To achieve this, FSS utilizes case management and financial...

White House Announces Reduced Internet Costs for Low-Income Households

May 11, 2022    

The White House and HUD recently announced an expansion of the FCC’s Affordable Connectivity Program (ACP). As part of the Bipartisan Infrastructure Law, the legislators created the ACP, which allows tens of millions of American households to reduce their internet service costs by up to $...

President’s Budget Proposes Major Hikes in Housing Funding

April 14, 2022    

The Biden administration recently released its budget request for fiscal year (FY) 2023. This signals the start of the appropriations process as Congress must now pass appropriations bills to provide money to carry out government programs for that year. The president’s budget proposal...

HUD Lays Out Its New 4-Year Strategy

April 14, 2022    

On March 28, HUD released its strategic plan for fiscal years 2022–2026. This document covers the department’s objectives and priorities for the next four years as well as its strategies for assessing and achieving those objectives.