HUD Invests $1.1 Billion in Tribal Affordable Housing Through Indian Housing Block Grants
HUD's Office of Native American Programs announced over $1.1 billion in Indian Housing Block Grant (IHBG) formula funding for eligible American Indian Tribes, Alaska Native Villages, and Tribally Designated Housing Entities. The funding supports affordable housing initiatives including housing development, modernization, operations, and safety measures in nearly 600 tribal communities.
Multi-Family Housing Simple Transfer Pilot Extended to December 31, 2027
The Rural Housing Service has extended its Simple Transfer Pilot Program until December 31, 2027. The program streamlines property transfers for owners of USDA Section 514 Farm Labor Housing and Section 515 Rural Rental Housing properties, reducing extensive application requirements for less complex transactions. The RHS may further extend, modify, or terminate the program based on workload, budget, feedback, and program effectiveness.