Skip to main content

HUD Issues RFI for Reducing Affordable Housing Costs

Phil Hall
Dec 02, 2019
Photo credit: Getty Images/RomoloTavani

The U.S. Department of Housing & Urban Development (HUD) has issued a Request for Information (RFI) seeking public comment on laws, regulations and administrative practices that result in increased costs of affordable housing development.
In this RFI, HUD is seeking input on the Department’s regulations, statutes, programs and practices that directly or indirectly restrict the supply of housing or increase the cost of housing. The RFI will also consider policy interventions, solutions, or strategies available to federal, state and local policymakers that would incentivize state and local governments to review and streamline or eliminate the burdensome aspects of their regulations and practices. HUD is also planning to launch peer-reviewed research and/or representative surveys that provide quantitative analyses on the impact of regulations on the cost of affordable housing development.
"Owning a home is an essential component of the American Dream. It is imperative that we remove regulatory barriers that prevent that dream from becoming a reality," said HUD Secretary Ben Carson, who is also Chairman of the White House Council on Eliminating Regulatory Barriers to Affordable Housing. "Through this request, communities across the country will have the opportunity to identify roadblocks to affordable housing and work with State, Federal, and local leaders to remove them."

Dec 02, 2019
Top Texas Originator Sees No Surrender To 2023

Big cities will determine the battle

Industry News
Jan 26, 2023
There’s Good & Bad News On The Horizon

There will be a real estate slump, but the big cities are coming out much better

Industry News
Jan 26, 2023
Housing Prices Across Texas Likely Hobbled In 2023

But you’re getting a lot less for $1 million

Industry News
Jan 23, 2023
UWM Adds 'Control Your Price' To 'Game On' Pricing

New program provides 125 basis points in price enhancements for loan orignators.

Industry News
Jan 11, 2023
Rocket Pro TPO Relieves Brokers Of Credit Fee Burden

Will provided free credit reports to brokers if they get their loan closed with the Detroit lender.

Industry News
Jan 10, 2023
Former Employees Sue Rocket Mortgage Over OT Pay

Claim company failed to properly calculate & pay OT for working beyond 40 hours a week.

Jan 09, 2023