Apply for 2024 ACHP/HUD Excellence in Historic Preservation Award

HUD and the Advisory Council on Historic Preservation (ACHP) announced that interested parties can apply for the 2024 ACHP/HUD Secretary’s Award for Excellence in Historic Preservation award. This joint award honors outstanding projects that have advanced the goals of historic preservation while promoting affordable housing, community revitalization, and/or enhanced economic opportunities for low- and moderate-income families and individuals. Projects or activities must have been completed or have made substantial achievements within the last three years and have done the following:

Promoted the use of historic buildings for affordable housing, community development and/or expanded economic opportunities;
Included HUD funds or financing;
Met preservation guidelines; and
Contributed to local community revitalization efforts.

Submissions for the 2024 cycle are due by 11:59 p.m. PT on Dec. 18. HUD and ACHP plan to present this award in summer 2024.

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).