The U.S. Department of Housing and Urban Development (HUD) has announced its own DOGE Task Force this week, after Elon Musk’s team ravaged the Consumer Financial Protection Bureau (CFPB) last week. While American voters have little transparency into this undemocratic firing squad, we know that they intend to fire half of all HUD’s employees, including those…
All Posts in "Real Estate News" Category
Category archive page
If a rumored large-scale layoff at the Federal Housing Administration (FHA) occurs, it could result in major damage to key programs that mortgage lenders and investors rely on, such as project-based rental assistance, Section 202 and even financial losses to the national mortgage insurance fund. This is according to a former HUD official who spoke…
Multifamily housing starts fell 9.8 percent, reaching a seasonally adjusted rate of 1,366,000, while single-family housing starts fell 8.4 percent month over month, according to data released Wednesday.
Three civil rights nonprofits including the National Fair Housing Alliance have filed a lawsuit against President Donald Trump and his administration for allegedly violating the First and Fifth Amendments with three executive orders Trump signed in January related to diversity, equity and inclusion (DEI). The plaintiffs claim that the elimination of federal grants perceived as…