Please click here to see the 2012 HUD income limits effective December 1, 2011.
Housing News
Please click here to access the conference materials.
State Updates
Patrick-Murray Administration Releases FY2012 Capital Plan
WASHINGTON - U.S. Department of Housing and Urban Development Secretary Shaun Donovan today announced the recipients of the 2011 Sustainable Communities Grants, totaling nearly $96 million. Twenty-seven communities and organizations will receive Community Challenge grants and 29 regional areas will receive Regional Planning grants. The goal of HUD's Sustainable Communities grants is to help communities and regions improve their economic competitiveness by connecting housing with good jobs, quality schools and transportation (see attached grant chart).
On November 17, 2011, the Patrick-Murray Administration released the FY’12 capital budget. The budget provides a very small increase over last year’s capital budget for housing. Last year, the Housing Innovations Fund - a program that primarily funds housing developments that serve homeless families and individuals - was cut from $9 million to $6 million. This year, HIF is funded at $8 million.
Please click here for a table comparing FY2011 actual HUD budget numbers to FY2012 HUD budget number from the conference committee report.
Click here for a summary of administrative provisions in the FY12 HUD Budget Conference Report.
Please click here for the guidelines document.
Click here to download the CDC Certification Review Form.
BOSTON, Nov. 7, 2011 --- While foreclosure distress appears to have declined since a year ago, recent increases in foreclosure activity signal that foreclosure distress is set to increase throughout the rest of 2011 and into 2012.
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Please click here to read the notice detailing the change in funding.
WASHINGTON – U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD is proposing new regulatory requirements under its HOME Investment Partnerships Program (HOME). HOME is the largest federal block grant to state and local governments designed exclusively to produce affordable housing for low-income families. Since 1992, the HOME Program has successfully assisted more than one million affordable homes for lower income families.