News
New Hampshire Housing Publishes Requirements for Identity of Interest Waivers
The New Hampshire Housing rule prohibiting construction contracts between parties sharing an identity of interest may be waived by the Executive Director in their discretion pursuant to HFA 117.07(a)(1) A. viii). Waiver requests shall be submitted pursuant to HFA 117 (Waiver Rules) and the HFA 117 Waiver Requests Procedure Standards policy. NH Housing now has underwriting policy guidance about the documentation needed to request […]
HUD Releases Updated GRRP Closing Documents
HUD’s Office of Multifamily Housing Programs released 25 revised versions of the GRRP closing documents that incorporate changes made in Housing Notice 2026-01, including new documents for the Comprehensive cohort. List of Revised GRRP Closing Documents: Upcoming Important Dates: Please contact [email protected] with any questions.
Vermont Housing Finance Authority Awards $28 Million in Tax Credits for 241 Affordable Apartments
The Vermont Housing Finance Agency (VHFA) Board of Commissioners awarded $28 million in LIHTC funding for 241 apartments. These homes will serve low-income renters in seven communities across the state. Three projects will receive $26 million for paying development costs: Four additional development projects will receive an estimated $1.9 million from a state rental tax credit […]
Kentucky Housing Corporation Launches Payment in Lieu of Taxes Program
Kentucky Housing Corporation (KHC) is launching a Payment In Lieu of Taxes (PILOT) Program beginning January 1, 2027. This new initiative is designed to support the development of residential multifamily housing in Kentucky by reducing property tax burdens for eligible developments. Through this program, KHC may acquire property for residential development, lease it to eligible […]
Iowa Finance Authority Awards $11.3 Million in Federal Housing Tax Credits
The Iowa Finance Authority (IFA) Board of Directors awarded more than $11.3 million in federal housing tax credits to support the construction and rehabilitation of 338 affordable rental homes across nine Iowa communities. The awards will support rental housing developments in Council Bluffs, Des Moines, Greenfield, Ottumwa, Perry, Sioux City, Story City, Urbandale, and Washington. […]
Virginia Housing Appoints Nate Shultz as Board Member
Virginia Housing announced Nathan (Nate) Shultz of Alexandria has been named a new board member for the Virginia Housing Board of Commissioners. Shultz is a housing and mortgage finance policy expert and practitioner. In his current role at Potomac Partners LLC, he provides consulting services to a broad array of housing, mortgage finance and policy […]
State of Maryland Announces $73.3 Million in Awards for Statewide Community Revitalization and Economic Development
Maryland Department of Housing and Community Development announced the finalization of $73.3 million in Fiscal Year 2027 awards to support the Department’s six State Revitalization Programs. The investment in county and municipal governments, community development organizations, and other community institutions and partners will fund 247 projects and activities that directly support local revitalization goals in […]
HUD Announces $3 Million to Speed Up Housing Permitting
HUD’s Office of Policy Development and Research (PD&R), announced a new funding opportunity, offering up to $3 million for jurisdictions that will deploy automated building code permitting systems and partner with HUD to evaluate their applicability and effectiveness within real-world operating conditions. In Context: This funding opportunity follows the release of the the State and Local […]
HUD Streamlines Environmental Review for Large Multifamily Projects
HUD issued an interim final rule, eliminating the requirement for large multifamily projects (200+ units) to submit environmental reviews to Field Environmental Clearance Office (FECO) or Program Environmental Clearance Office (PECO). The agency cites reduced processing delays and duplication, noting the step can slow projects with tight closing timelines despite existing technical assistance. Why This Matters: […]
HUD Releases New CoC NOFO
HUD announced a new $4.04 billion Notice of Funding Opportunity (NOFO) through the Continuum of Care (CoC) homelessness assistance program. What They’re Saying: Secretary Scott Turner stated upon release: “The ‘housing first’ experiment failed Americans by warehousing the vulnerable without results. This ideology promised to end homelessness. Instead, billions of taxpayer dollars were spent while […]
Annual Homelessness Report and 2025 Point in Time Count Released
HUD released Part 1 of the Annual Homelessness Report for 2025 on Friday, ending a monthslong battle over the delayed report. By the Numbers: What They’re Saying: Ann Oliva, CEO of the National Alliance to End Homelessness, celebrated the results, but warned that anti-homelessness efforts are still insufficient: “These reductions are a relief, but make […]
House Appropriations Full Committee T-HUD Markup
The full House Appropriations Committee will meet today at 11 am to markup the Fiscal Year 2027 Transportation, Housing and Urban Development, and Related Agencies (T-HUD) bill. You can watch the livestream on YouTube. Go Deeper: Read our coverage of the subcommittee’s markup from last week’s edition.