Federal / Agency News

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 59 organizations $336.4 million for the development of affordable housing and community facilities serving low-income individuals, families and communities.

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2022 funding round for the CDFI Equitable Recovery Program (CDFI ERP).

A new Government Accountability Office report outlines 11 priority open recommendations for HUD as of June 2022.

Last week, the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Subcommittee approved by voice vote its fiscal year 2023 funding bill.

HUD recently updated its CPD Income Eligibility Calculator to include enhanced functionality and the Fiscal Year (FY) 2022 Income Limits.

Since it was enacted at the end of 2020, the Federal Emergency Rental Assistance (ERA) program has helped millions of renters get caught up on rent payments.

The Federal Housing Finance Agency (FHFA) released its 2021 Report to Congress.

The Federal Housing Finance Agency (FHFA) published Equitable Housing Finance Plans from Fannie Mae and Freddie Mac for 2022-2024.

HUD recently published seven updated standards for properties participating in the National Standards for the Physical Inspection of Real Estate (NSPIRE) Demonstration: 

The House Committee on Appropriations is beginning the FY 2023 markup process.

HUD’s Office of Recapitalization recently released timelines for year-end closings of Rental Assistance Demonstration (RAD) transactions.

HUD will host the Innovative Housing Showcase on the National Mall in Washington, DC June 10 to 12.