COVID relief

HUD Secretary Dr. Benjamin Carson spotlighted new ways HUD is working with states and local governments to further assist vulnerable populations amid the ongoing COVID-19 outbreak. In an announcement this week, Carson provided guidance and additional flexibility to states and units of local government who are utilizing their existing federal disaster recovery funds to support … The post HUD Announces …

The Coronavirus Aid, Relief, and Economic Security (CARES) Act offered 12 months mortgage forbearance for COVID-19-impacted borrowers with federally backed residential mortgages—that’s about 70% of all 48 million American homeowners with a mortgage. But what about the other 30%.   Karan Kaul, Senior Research Associate in the Housing Finance Policy Center at the Urban Institute, explained why it is … The post Almost 3 …