Community Development

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HUD Provides $1.3 million to Support Youth Aging Out of Foster Care

On May 30, 2025, the U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner today announced a $1.3 million dollar investment across 10 states under HUD’s Foster Youth to Independence (FYI) program to assist young Americans aging out of the foster care system with temporary, supportive funding to prevent homelessness.  “HUD is committed supporting our foster youth communities at a critical time of transitioning to independent living,” said Secretary Turner. “The FYI program can be transformative in the lives of foster youth, providing them with a clear-cut path to housing stability and positioning them to achieve a lifetime of success and self-sufficiency. Today’s investment will serve more than 100 young Americans across ten states.”  In alignment with President Trump’s proclamation of May as National Foster Care Month, the FYI program offers housing vouchers to local public housing authorities (PHAs) for young adults under the age of 25 who are in, or have recently left, the foster care system. Participants are also provided with supportive services to help them work toward their educational and career goals.  Click the title to learn more.

UPDATE: HUD’s Innovative Housing Showcase “The American Home is the American Dream” Returns to the National Mall

On May 30, 2025, Secretary Scott Turner today announced the return of the U.S. Department of Housing and Urban Development (HUD)’s Innovative Housing Showcase from September 6th - 10th to the National Mall in Washington, D.C. Previously, the Innovative Housing Showcase was scheduled to take place May 30th - June 1st. This year’s showcase will highlight history-defining events in housing, the pride of achieving the American Dream of homeownership, and the future of housing innovation, in accordance with President Trump’s Executive Order (EO) celebrating America’s 250th Birthday.  Established by EO, the Salute to America 250 Task Force will execute a year of celebratory festivities beginning Memorial Day, May 26, 2025, to the anniversary of the proclamation of the Declaration of Independence on July 4, 2026.  The annual public event raises awareness of innovative and affordable housing designs and technologies that have the potential to increase housing supply, reduce barriers to construction, and build for stability while reducing housing expenses for owners and renters. Interactive exhibits will include full-sized prototype homes and innovative building technologies.  Click the title to learn more.

HUD Secretary Scott Turner, Rep. Kelly Tour Erie's Opportunity Zones

On May 28, 2025, the U.S. Secretary of Housing and Urban Development (HUD) Scott Turner, U.S. Rep. Mike Kelly (R-PA), and local leaders toured downtown Erie Pennsylvania's highly successful Opportunity Zones (OZs) and other housing initiatives.  During their visit to Erie, Sec. Turner and Rep. Kelly were joined by Sen. John Fetterman (D-PA) and received an update on downtown Erie's Opportunity Zone projects. They also met with local stakeholders as Congress considers extending and expanding OZ legislation. Click the title to learn more.

HUD and Census Bureau Report New Residential Sales in April 2025

On May 27, 2025, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the new residential sales statistics for April 2025.  Sales of new single-family houses in April 2025 were at a seasonally-adjusted annual rate of 743,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 10.9 percent (±13.5 percent)* above the March 2025 rate of 670,000, and is 3.3 percent (±14.7 percent)* above the April 2024 rate of 719,000.  The seasonally-adjusted estimate of new houses for sale at the end of April 2025 was 504,000. This is 0.6 percent (±2.0 percent)* below the March 2025 estimate of 507,000, and is 8.6 percent (±5.1 percent) above the April 2024 estimate of 464,000.  This represents a supply of 8.1 months at the current sales rate. The months' supply is 11.0 percent (±12.3 percent)* below the March 2025 estimate of 9.1 months, and is 5.2 percent (±14.7 percent)* above the April 2024 estimate of 7.7 months.  The median sales price of new houses sold in April 2025 was $407,200. This is 0.8 percent (±7.1 percent)* above the March 2025 price of $403,700, and is 2.0 percent (±6.7 percent)* below the April 2024 price of $415,300. The average sales price of new houses sold in April 2025 was $518,400. This is 3.7 percent (±9.7 percent)* above the March 2025 price of $499,700, and is< 3.6 percent (±8.4 percent)* above the April 2024 price of $500,600.  The May report is scheduled for release on June 25, 2025. View the full schedule in the Economic Briefing Room. The full text and tables for this release can be found here.  Click the title to learn more.

HUD Announces More Than $10 Million to House Families and Youth and Promote Self-Sufficiency

On May 19, 2025, the U.S. Department of Housing and Urban Development (HUD) announced that under the leadership of Secretary Scott Turner, HUD awarded more than $10 million in Family Unification Program (FUP) voucher assistance funding for youth and families who lack safe and adequate housing. The award funds 573 vouchers at 11 public housing agencies (PHAs) across four states.  “A pathway to self-sufficiency is now one step closer as HUD works with localities to provide flexible funding for rental assistance and supportive services to foster youth and to keep foster-care-involved families together," said Secretary Scott Turner. “This commitment from HUD will help lay the groundwork for a future with greater opportunity and strong family values.”  Click the title to learn more.