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If for example a state plans to use $1 million of HOME funds during the year, HUD provides $750,000 (75%) and the State must provide $250,000 (25%) for the program to achieve the $1 million goal. This compliance requirement is known as "matching." States can achieve this by either donating non-federal cash (e.g., cash from operations—not from ...
www.HUD.gov. The Assistant Secretary for Housing, who also carries the title Federal Housing Commissioner, is a position within the United States Department of Housing and Urban Development. The Assistant Secretary is responsible for overseeing the $400 billion Federal Housing Administration insurance portfolio and the Department of Housing and ...
August 10, 1965 – The Housing and Urban Development Act of 1965 instituted several major expansions in federal housing programs. September 1965 – HUD is created as a cabinet-level agency by the Department of Housing and Urban Development Act. April 1968 – The Fair Housing Act is passed to ban discrimination in housing.
e. The American Housing Survey (AHS) [1] is a statistical survey funded by the United States Department of Housing and Urban Development (HUD) and conducted by the U.S. Census Bureau. It is the largest regular national housing sample survey in the United States and contains information on the number and characteristics of U.S. housing units as ...
www.hud.gov. The Office of Public and Indian Housing ( PIH) is an agency of the U.S. Department of Housing and Urban Development. Its mission is to ensure safe, decent, and affordable housing, create opportunities for residents' self-sufficiency and economic independence, and assure the fiscal integrity of all program participants. The Office ...
Permanent, federally funded housing came into being in the United States as a part of Franklin Roosevelt's New Deal. Title II, Section 202 of the National Industrial Recovery Act, passed June 16, 1933, directed the Public Works Administration (PWA) to develop a program for the "construction, reconstruction, alteration, or repair under public regulation or control of low-cost housing and slum ...
Point-In-Time Count. The Point-in-Time Count, or PIT Count, is an annual survey of homeless people in the United States conducted by local agencies called Continuums of Care (CoCs) on behalf of the United States Department of Housing and Urban Development (HUD). [1] HUD uses the data from PIT counts to evaluate the effectiveness of local ...
The HUD-1 Settlement Statement is a standardized mortgage lending form in use in the United States of America on which creditors or their closing agents itemize all charges imposed on buyers and sellers in consumer credit mortgage transactions. The HUD-1 (or a similar variant called the HUD-1A) is used primarily for reverse mortgages and ...