The Department of Housing and Urban Development’s latest regulatory agenda has more than a dozen items related to either FHA or tribal home loan programs, including some pending rulemakings.
FHA took new steps this week to help expand homeownership to borrowers whose work history and income took a hit earlier in the pandemic but are now stable.
The government agency is investing $470,000 in a sweat equity program in which homebuyers in rural southwest Pennsylvania will contribute to the construction or rehabilitation of their houses.
Officials from FHA, VA and USDA’s Rural Housing Service recently discussed how to help borrowers through the challenges of today’s volatile housing market.
HUD could bring resources to bear on the affordable housing supply challenge by conducting research, collecting data and looking to successes of the past, FHA Commissioner Julia Gordon said.