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CDFI Fund Opens $10 Billion CY 2024-2025 NMTC Round; Application Deadline Jan. 29, 2025
The Community Development Financial Institutions (CDFI) Fund announced the opening of the 2024-2025 New Markets Tax Credit (NMTC) application round, with notice of allocation availability expected to be published in Thursday’s Federal Register.
Housing Choice Voucher’s 50th Anniversary
HUD is marking the 50th anniversary of the Housing Choice Voucher (HCV) program, established under the Housing and Community Development Act of 1974.
DSCR and Vacancy Roll Backs for Affordable Properties
The Department of Housing and Urban Development (HUD) has proposed draft Mortgagee Letters adjusting underwriting standards for affordable multifamily housing loans.
FHFA Increases Multifamily Loan Purchase Caps for 2025
The Federal Housing Finance Agency (FHFA) has raised the multifamily loan purchase caps for Fannie Mae and Freddie Mac to $146 billion in 2025, up from $142 billion in 2024. Workforce housing loans will continue to be exempt from the caps.