Federal / Agency News

The Federal Housing Finance Agency (FHFA) announced it will conduct a comprehensive review of the Federal Home Loan Bank (FHLBank) System beginning in the fall of 2022.

The U.S. Department of Agriculture’s Rural Development (RD) published Procedural Notice (PN) 567 announcing final management fees for Fiscal Year (FY) 2023.

The Federal Housing Finance Agency (FHFA) recently proposed multifamily affordable housing goals for Fannie Mae and Freddie Mac for 2023 and 2024.

The American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) recently published an Advanced Energy Design Guide (AEDG) for Multifamily Buildings, developed with support from the Department of Energy (DOE) and aimed at assisting multifamily building owners and operators, design professionals and developers in achieving zero energy buildings.

Rural Development (RD) recently published an Unnumbered Letter (UL) entitled, “Section 515 and Section 514 Multi-Family Housing Reserve Deposit Resizing.”

House America: An All-Hands-on-Deck Effort to Address the Nation’s Homelessness Crisis is a federal initiative in which the HUD and the U.S. Interagency Council on Homelessness (USICH) are inviting mayors, city and county leaders, tribal nation leaders, and governors into a national partnership. House America will utilize the funds provided through the American Rescue Plan to address the crisis of homelessness through a Housing First approach.

The Joint Center for Housing Studies at Harvard University (JCHS) is working on a new publication about housing design, focused on projects and ideas that address issues, such as density, the needs of special populations, climate change, affordability and other social concerns.

The CDFI Fund will hold a CDFI ERP Supplemental FAQs webinar from 1 to 2:30 p.m. ET on August 25 to inform applicants about the FY 2022 CDFI Equitable Recovery Program (CDFI ERP) application.

Jerome Garciano with Polsineli published his annual Green Tax Incentive Compendium, which presents certain federal and state tax incentives promoting the renewable energy and energy efficiency industries. Each

HUD published the Davis-Bacon Labor Standards: Agency/Contractor Guide and Contractor Addendum.

The U.S. Department of Agriculture Multifamily Housing (MFH) leadership will hold a meeting via Teams at 3 p.m. ET on September 29 to provide updates on MFH programs.

Last week, the House passed the Inflation Reduction Act along a party line vote and on Tuesday, President Biden signed the bill, enacting it into law.