The subcommittee on Oversight and Investigations of the House Financial Services Committee (HFSC) will hold a hearing titled “An Examination of the Housing Crisis in Michigan, 11 Years after the Recession” at noon EDT on August 8 at the Wayne County Community College north west campus (8200 Outer Drive West, Detroit, MI 48219).
The full House Financial Services Committee will hold a hearing titled “Examining the Homelessness Crisis in Los Angeles” at 10 am PDT on August 14 in Los Angeles, CA.
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.
HUD is marking the 50th anniversary of the Housing Choice Voucher (HCV) program, established under the Housing and Community Development Act of 1974.
The Department of Housing and Urban Development (HUD) has proposed draft Mortgagee Letters adjusting underwriting standards for affordable multifamily housing loans.
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.