Join us on LinkedIn Follow us on Twitter Like us on Facebook Follow us on Instagram
 
  OCTOBER RESEARCH STORE Already a subscriber? LOG IN
AddControlToContainer_DynamicNavigation4

Market Watch

HUD outlines accomplishments in rental strengths, housing stability

Email A Friend Printer Friendly Version
0 comments
Market Watch
Tuesday, December 31, 2024

The U.S. Department of Housing and Urban Development (HUD) has achieved significant milestones in its rental assistance programs, reaffirming its commitment to provide affordable housing for American families, HUD announced in a release.

These accomplishments align with the Biden-Harris administration’s steadfast efforts to address the nation’s housing crisis. Since day one, President Biden and Vice President Harris have prioritized expanding access to affordable housing through a number of actions, which included strengthening the Housing Choice Voucher Program.

The Honorable Adrianne Todman discussed the agency’s achievements today during an event with the Center on Budget and Policy Priorities.

“HUD’s rental assistance programs are not just about providing people with an affordable place to live – they are also addressing a critical issue facing this country, high housing costs.” Todman said in the release. “I am proud that this Administration fought for and received additional rental assistance resources, the most in 20 years. We also made strides to strengthen this voucher program.”

In September, HUD commemorated the 50th anniversary of the Housing Choice Voucher (HCV) Program, the largest rental assistance initiative in the country. Since its inception in 1974, the HCV program has helped millions of families access affordable housing options in communities of their choice.

Under the Biden-Harris administration, HUD has awarded more than 120,000 new incremental housing vouchers –the largest increase in vouchers in 20 years– including new Veterans Affairs Supportive Housing (VASH), Family Unification Program/Foster Youth to Independence, Mainstream, Stability Vouchers, and Emergency Housing Vouchers.

Other key accomplishments HUD has made under the Housing Choice Voucher program include:

  • Since 2023, HUD has awarded or made available over $77 million in funds to prevent homelessness among youth aging out of the foster care system.
  • Served almost 90,000 veterans through the VASH program. This is the most veterans served at any point in the program’s history.
  • Established flexibilities to help people locate apartments, and increased collaboration with landlords across the country.
  • Incorporated private rental data to ensure vouchers could be used, in an ever-changing rental market.

 

 

Today's other top stories
Montana revises its appraiser licensing regulations
Industry leaders take the stage at NS3 in Pittsburgh
C&W appoints senior leader
Fannie Mae projects home sales to rise, mortgage rates to fall starting this year
Podcast: The Regulators Are In: Debunking Myths and Building Trust


COMMENT BOX DISCLAIMER:
October Research is not responsible for the comments posted on its websites by readers. We will do our best to remove comments that include profanity or personal attacks or other inappropriate comments.
Comments:

Be the first to leave a comment.

Leave your comment
CAPTCHA Validation
CAPTCHA
Code:
: 
: 
Your Email is for reporting purposes only. It will NOT be displayed.
Popularity:
This article has been viewed 447 times.

Print Edition - June 9, 2025

News by Topic   In-depth Reports   Events   Subscribe
Conference Coverage
Appraiser News
Commercial Corner
Legal News
Market Watch
Technology Corner
 
 
Expanding Your Appraisal Business
2025 State of the Industry
2024 Voice of the Appraiser
2024 Appraisal Technology
Marketing Your Business
Appraisal Bias
Archives
 
National Settlement Services Summit (NS3)
Women's Leadership Summit (WLS)
Webinars
 
Subscriptions
Free Email Updates
Try a Free Edition
News by Edition   About   Other Publications    
May 12, 2025
May 26, 2025
June 9, 2025
Archives
 
Valuation Review
Contact / Editors
Social Media
Advertise
Request a Media Kit
Are You An Expert?
Subscriber Agreement
 
Dodd Frank Update
RESPA News
The Title Report
The Legal Description
   
Copyright © 2002-2025 Valuation Review
An October Research, LLC publication
3046 Brecksville Road, Suite D, Richfield, OH 44286
(330) 659-6101, All Rights Reserved
www.valuationreview.com | Privacy Policy
VISIT OUR OTHER WEBSITES
> Dodd Frank Update
> RESPA News
> The Title Report
> The Legal Description
> NS3 The Summit
> Women's Leadership Summit
> October Research, LLC
> The October Store
Loading... Loading...
Featuring:
  • Delivery 3X a week plus breaking news as it happens
  • Comprehensive title insurance industry news
  • Recent acquisitions, mergers, real estate stats
  • Exclusive in-depth coverage of the industry's hottest stories
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Comprehensive Dodd-Frank coverage
  • The latest information from the CFPB
  • Full coverage of Congressional hearings
  • Updates on all agency actions
  • Analysis of controversial provisions
  • Release of newest studies and reports
Sign up today and...
  • Be one of the first to know where NS3 is being held
  • Learn about NS3 speakers and sessions
  • Save on registration with Super-Early Bird rates
  • Discover the networking opportunities NS3 offers
  • Find out if CE credits will be offered for your area
  • And much more
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Preview the latest RESPAnews.com Top Story
  • RESPA related headline news
  • Quote of the Week
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • Legal, regulatory and legislative information impacting the settlement services industry
  • News from HUD, Congress, state legislatures and other regulatory agencies
  • Follow the lobbying efforts of all the major national real estate services organizations.
Featuring:
  • Delivery 2X a week plus breaking news as it happens
  • The industry's only full-time newsroom
  • Relevant, up-to-date appraisal industry news
  • Covering the hottest stories and industry trends
NEWS BY TOPIC
NEWS BY EDITION
IN-DEPTH REPORTS
EVENTS
RESOURCES
FREE EMAIL UPDATES
ABOUT
SUBSCRIBE
Conference Coverage
Appraiser News
Commercial Corner
Legal News
Market Watch
Technology Corner
Sponsored Content
Current Edition
May 26, 2025
May 12, 2025
April 28, 2025
April 14, 2025
Archives
Expanding Your Appraisal Business
2024 Voice of the Appraiser
2025 State of the Industry
2024 Appraisal Technology
Marketing Your Business
Real Estate Compliance Outlook
Appraisal Bias
Finding & Training the Next Gen
Archives
National Settlement
Services Summit (NS3)
Women's Leadership
Summit (WLS)
Webinars
CFPB's Shake-Up & Its Impact
Technology Series
2025 Economic Outlook Series
Securing Your Cyber Network
Appraising Office Space Today
Compliance Series
Manufactured Housing
Eminent Domain
Keys For Operational Efficiency
Drones Do's and Don'ts
How to be an Expert Witness
Webinar Archives
Keys to Real Estate Podcast
Blog - Tuesdays with Mary
Executive Interview Series
Social Media
Valuation Review
Contact Us
Advertise
Request a Media Kit
Are You An Expert
Subscriber Agreement