Department of Housing and Urban Development News

N.J. Assembly Hearing Focuses on Pace of Sandy Aid Distribution

Fifteen months after Superstorm Sandy pounded New Jersey, the state has distributed nearly half the $1.8 billion in initial funding it received from the federal government, the state’s community affairs commissioner told lawmakers Wednesday. At a state Assembly hearing, Community …

In N.Y., N.J., Disparities Emerge in How Quickly Sandy Victims Get Federal Aid

As a second New Year since Superstorm Sandy approaches, many coastal residents are still waiting for New York, New Jersey and New York City to distribute billions of federal dollars that were intended to go directly to people struggling to …

HUD OKs First Part of Rhode Island’s Sandy Recovery Plan

The U.S. Department of Housing and Urban Development has approved the first stage of Rhode Island’s disaster recovery plan following Superstorm Sandy. The initial plan, funded through HUD’s community development block grant program, calls for spending $625,600 on housing and …

Commentary: Will HUD’s Disparate Impact Rule Have Say in Ratemaking?

Despite the McCarran-Ferguson Act, which reserved the regulation of the “business of insurance” to the states, the Department of Housing and Urban Development (HUD) has given itself the ability to upset and invalidate long-standing underwriting and ratemaking practices for homeowners’ …

Four Northeastern States Get New Federal Emergency Aid From HUD

New York, Pennsylvania, Vermont and New Jersey are among the eight states nationwide that will share in $400 million in new federal emergency aid announced by the U.S. Department of Housing and Urban Development last Friday. These funds will go …