Community Development

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HUD Secretary Scott Turner Applauds President Trump’s Action on Homelessness

On July 25, 2025, the U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner applauded President Trump’s Executive Order (EO), “Ending Crime and Disorder on America’s Streets.” The EO restores accountability to homelessness programs by ensuring Americans suffering from severe mental illness or addiction get treatment to support recovery and self-sufficiency. By taking action to redirect federal resources toward programs that tackle substance abuse as part of addressing homelessness and protecting public safety, today’s action represents a shift away from the failed “housing first” policies that ignored the relationship between homelessness, illicit drugs, and mental illness. Click the title to learn more.

Secretary Turner Recaps Major Wins from National Homeownership Month, Underscores Need for Rate Cuts

On July 25, 2025, the U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced that HUD declared the Atlantic City Housing Authority (ACHA) in substantial default. This action follows years of mismanagement at ACHA and underscores HUD’s commitment to protect residents and uphold safe and decent housing conditions.  “At HUD, we are called to be good stewards of two things: taxpayer dollars and the people we serve. The Atlantic City Housing Authority has neglected that mission. We are taking action to stop negligence and deliver a safe environment for tenants.  HUD said ACHA failed to meet other goals in the category of ‘improving physical conditions of dwelling units.’ Several forms detailing possible work that could improve those properties were still just drafts and not finalized, according to the letter.  Gone are the days where mismanagements and dysfunction are the norm—and we hope this action clearly sends that message to the communities, families, and residents we serve. None of this would have  happened without President Trump, Congress and Van Drew and Secretary Turner,” said HUD Secretary Scott Turner.  Click the title to learn more.

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HUD and Census Bureau Report New Residential Sales in June 2025

On July 24, 2025, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for June 2025.  Sales of new single-family houses in June 2025 were at a seasonally-adjusted annual rate of 627,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.6 percent (±13.3 percent)* above the May 2025 rate of 623,000, and is 6.6 percent (±16.2 percent)* below the June 2024 rate of 671,000.  The seasonally-adjusted estimate of new houses for sale at the end of June 2025 was 511,000. This is 1.2 percent (±1.6 percent)* above the May 2025 estimate of 505,000, and is 8.5 percent (±5.4 percent) above the June 2024 estimate of 471,000.  This represents a supply of 9.8 months at the current sales rate. The months' supply is 1.0 percent (±16.0 percent)* above the May 2025 estimate of 9.7 months, and is 16.7 percent (±20.3 percent)* above the June 2024 estimate of 8.4 months.  The median sales price of new houses sold in June 2025 was $401,800. This is 4.9 percent (±6.9 percent)* below the May 2025 price of $422,700, and is 2.9 percent (±5.9 percent)* below the June 2024 price of $414,000. The average sales price of new houses sold in June 2025 was $501,000. This is 2.0 percent (±8.9 percent)* below the May 2025 price of $511,500, and is 1.1 percent (±9.4 percent)* above the June 2024 price of $495,500.The July report is scheduled for release on August 25, 2025.  View the full schedule in the Economic Briefing Room. The full text and tables for this release can be found at www.census.gov/construction/nrs/.  Click the title to learn more.