What we're reading now: the latest housing reports and analysis
HUD announced on Monday, February 11, disaster assistance efforts would be accelerated for Alaska's 7.0 magnitude earthquake. This announcement follows the January 31 major disaster declaration issued for Anchorage and affected counties, which allowed a 90-day moratorium on foreclosures of FHA home mortgages.
The relief is now open to providing federal disaster assistance to support low-income renters and homeowners displaced by the recent earthquake. HUD's Section 203(h) program will also provide relief by helping disaster victims with their mortgage insurance on homes that were destroyed or damaged beyond repair.
HUD is sharing this information with FEMA and will be reaching out to housing providers to find available units at public housing agencies and in multi-family properties.
In other news:
Multi-Housing News: Bridge Housing tops out $84M affordable project in OR
- A 203-unit affordable housing development in Portland, OR is nearing completion. The building will provide housing to low-income families and homeless military veterans in the area.
- Strong Towns are now taking applications for their Annual Strongest Town Contest. Community members can nominate their town and share what they think makes it unique and worth celebrating.
HUD Public Affairs: HUD awards $74 million to help families reach self-sufficiency
- On Thursday, Feb. 14, HUD announced the recipients for service coordinators in the FSS program.
League of California Cities: Looking to update your general, specific, or community plan?
- California cities can apply this coming spring for funding through the SB 2 Planning Grants Program to update a variety of plans.
Center on Budget and Policy Priorities: HUD funding bill will launch housing voucher mobility demonstration
- Congress passed the funding bill which includes $28 million to fund the voucher mobility demonstration. This fund will help housing mobility support services and operating regional mobility programs, along with providing new vouchers for families with children.