The Department of Housing and Urban Development (HUD) announced a new Notice of Funding Opportunity on June 1 for $4.04 billion to “better serve America’s vulnerable populations through the Continuum of Care (CoC) homelessness assistance program.” HUD stated that this “is the most competitive funding opportunity in the history of the CoC program.”
The National Association of Realtors’ (NAR) strategic investment arm, Second Century Ventures, announced that one of the six companies selected for the 2026 NAR REACH program is LotRoll, described as the “first comprehensive data platform purpose-built for the manufactured housing market.”
National Association of Realtors President Kevin Brown penned a letter on May 21 to the Department of Justice’s Antitrust Division and the Federal Trade Commission, emphasizing the need for clear, practical and example-driven guidance to “reinforce procompetitive collaboration.”
The Department of Housing and Urban Development (HUD) announced the State and Local Best Practices for Home Construction Report. According to HUD Secretary Scott Turner, “These best practices are an initial list of recommendations to facilitate growth while respecting communities’ unique needs. Adding efficiency to local building processes will result in more affordable homeownership opportunities for all Americans.”
On June 1, the Department of Veterans Affairs updated its options for avoiding foreclosure, announcing the implementation of its new partial claim program which will begin accepting submissions on June 15.
The U.S. House voted 396-13 to pass its amended version of the 21st Century ROAD to Housing Act, sending the act to the Senate for approval. The National Association of Realtors and the Mortgage Bankers Association released statements of support following the act’s passage.
The National Low Income Housing Coalition released an analysis of the House Appropriators’ Fiscal Year (FY) 2027 spending bill, which would fund the Department of Housing and Urban Development (HUD) at $71.38 billion, an 8 percent cut from the funding for HUD programs in FY 2026.
Pending home sales in April increased by 1.4 percent month-over-month and 3.2 percent year-over-year, according to the National Association of Realtors (NAR) Pending Home Sales report. NAR Chief Economist Dr. Lawrence Yun emphasized that the industry’s focus needs to be on “boosting housing supply.”
The National Association of Real Estate Brokers (NAREB) issued a call to action urging the Federal Housing Administration (FHA) to eliminate outdated underwriting rules that can penalize married borrowers. NAREB President Ashley Thomas III is urging the FHA to stop requiring lenders to include a non-borrowing spouse’s debt on mortgage applications unless that spouse is legally obligated to repay the loan.
The Department of Housing and Urban Development announced a proposed rule that would revise its equal access regulations to better align with the executive order titled “Defending Women from Gender Ideology Extremism and Restoring Biological Truth to the Federal Government,” including the removal of references to “gender” and “gender identity” from regulations.
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