HUD’s MAP Guide Industry Briefings

HUD announced two additional webinars in its Multifamily Accelerated Processing Guide (MAP) guide series:

March 9 from 2 – 3:30 p.m. ET: Focusing on MAP Guide Chapter Nine, Radon. Register
March 17 from 2 – 3:30 p.m. ET: Focusing on MAP Guide Chapter Nine, Section 106. Register here.

The recordings and materials from previous webinars are available online:

Chapter Two, Lender Qualifications and Practices paired with Chapter 15, Oversight of MAP Program Requirements; Chapter Three, a general summary of program requirements; Chapter Five, Architectural and Construction Analysis paired with Chapter 12, Construction Period; and Chapter Six, Energy and Water Conservation. View Materials.
Chapter Seven, Valuation and Market Analysis; Chapter Eight, Mortgage Credit; with more extended coverage of Chapter Nine, Environmental Review and Requirements. View Materials.
Chapter 14, LIHTC and Other Tax Credit Programs; Chapter 19, Closing Guide; and other key issues gathered from remaining chapters. View Materials.

HUD Releases HOME Monthly Reports

HUD has announced that the latest HOME Monthly Reports, as of November 30, 2024, are now available. Why it matters: These reports are crucial for Participating Jurisdictions (PJs) to effectively track and manage their housing initiatives. Details: The bottom line: These reports empower PJs to optimize their housing strategies, ensuring effective use of resources and […]

Ginnie Mae’s FY24 Annual Financial Report

Ginnie Mae has released its Fiscal Year 2024 (FY24) Annual Financial Report, and the numbers and initiatives are making an impact. Here are a few key takeaways:

Workforce Housing Debt Financing Updates

The northeast regional affordable housing community had the opportunity to receive an update on agency executions for workforce housing from PGIM’s Michael Lostocco at the NH&RA Fall Developers Forum. Fannie Mae and Freddie Mac have developed voluntary programs aimed at addressing housing affordability, particularly for middle-income renters.

FHFA Unveils Enterprises’ Three-Year Plans to Improve Housing Opportunities for the Underserved

Fannie Mae and Freddie Mac (the Enterprises) will seek to extend housing access in rural underserved markets, enhance their support for manufactured housing and continue addressing liquidity needs for first-time homebuyers, among a host of activities outlined in plans published by the Federal Housing Finance Agency (FHFA).