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  2. Rent is sky high, so HUD upped the value of housing choice ...

    www.aol.com/news/rent-sky-high-hud-upped...

    As HUD Secretary Marcia L. Fudge noted in a press release announcing the increase, “These new FMRs will make it easier for voucher holders facing this challenge to access affordable housing in ...

  3. United States Secretary of Housing and Urban Development

    en.wikipedia.org/wiki/United_States_Secretary_of...

    Website. www .hud .gov. The United States Secretary of Housing and Urban Development (or HUD secretary) is the head of the United States Department of Housing and Urban Development, a member of the president's Cabinet, and thirteenth in the presidential line of succession. The post was created with the formation of the Department of Housing and ...

  4. Section 8 (housing) - Wikipedia

    en.wikipedia.org/wiki/Section_8_(housing)

    Section 8 of the Housing Act of 1937 ( 42 U.S.C. § 1437f ), commonly known as Section 8, provides rental housing assistance to low-income households in the United States by paying private landlords on behalf of these tenants. Approximately 68% of this assistance benefits seniors, children, and individuals with disabilities. [1]

  5. Affordable housing - Wikipedia

    en.wikipedia.org/wiki/Affordable_housing

    In the United States [17] and Canada, [18] a commonly accepted guideline for housing affordability is a housing cost, including utilities, that does not exceed 30% of a household's gross income. [19] Some definitions include maintenance costs as part of housing costs. [20]

  6. HUD Secretary Marcia Fudge agrees: ‘The rent is too ... - AOL

    www.aol.com/hud-secretary-marcia-fudge-agrees...

    In his 2024 budget proposal, President Biden requested a $1.1 billion increase in federal funding for HUD programs designed to serve more American households, particularly Black and brown.

  7. Biden rolls out 'Renters Bill of Rights' as lawmakers push ...

    www.aol.com/finance/biden-rolls-renters-bill...

    Rent prices rose 7.45% year over year in November, according to the latest available data from the Rent Report, the slowest annual rise over the last 15 months. Still, this increase is more than ...

  8. HOME Investment Partnerships Program - Wikipedia

    en.wikipedia.org/wiki/HOME_Investment...

    The HOME Investment Partnerships Program ( HOME) is a type of United States federal assistance that the U.S. Department of Housing and Urban Development (HUD) provides to states to create decent and affordable housing, particularly housing for low and very low income Americans. [1] It is the largest Federal block grant to states and local ...

  9. Housing costs rise at slowest annual rate in two years as ...

    www.aol.com/finance/housing-costs-still-push...

    Shelter costs rose 5.5% over the prior year, the slowest annual increase since June 2022 and down from a peak of 8.2% reached in March of last year. Shelter costs accounted for over two-thirds of ...

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