Federal / Agency News

house-of-representatives-seal

FY25 THUD Appropriations Approval 

The House Appropriations Committee has approved the Fiscal Year 2025 Transportation, Housing and Urban Development, and Related Agencies Appropriations Act.

General News

Multifamily Development Timelines 

The Federal Reserve Bank of Atlanta’s Policy Hub recently published a report that examines how long it takes to get approval to build new apartment buildings, compared to how long it takes to actually build them.

General News

2017 Tax Law Under Review 

The turnover in tax writers has implications for future tax policies and the direction of tax legislation as a new generation of Republican lawmakers on the tax-writing committees in Congress prepare to address and potentially revise the 2017 Tax Cuts and Jobs Act (TCJA).

house-of-representatives-seal

THUD Appropriations Bill   

The House Appropriations Committee released the Fiscal Year 2025 bill for the Transportation, Housing and Urban Development and Related Agencies Subcommittee.

congress-capitol

Housing Affordability Coalition Letter of Insurance 

A Housing Affordability Coalition letter on insurance policy addressing the high insurance cost environment was sent to Members of Congress as well as various other administration officials last week Monday, June 10, from a housing affordability coalition represented by national real estate and housing associations and non-profit organizations, including NH&RA and led by the National Multifamily Housing Council.

General News

McCormack Baron Salazar Partners with Centene to Leverage $900MM to Build Affordable Housing 

At the recent Fortune’s Brainstorm Health conference in Dana Point, CA, Centene—America’s biggest Medicaid insurer—pledged to help build approximately $900 million of affordable housing in eight states.  

General News

Everyone’s Talking About Affordable Housing – Even John Legend!  

Jubilee Housing recently hosted recording artist John Legend and other affordable housing thought leaders as part of Legend’s HUMANLEVEL Initiative in partnership with Brookings Institution to learn about Jubilee’s Justice Housing model and to discuss affordable housing production and policy in Washington, DC. 

General News

HOTMA Insight Series – Reasonable Provisions for Rent Reasonableness  

As a follow-up to last week’s story on the impact of the Housing Opportunity through Modernization Act (HOTMA) on property economics, this week we highlight one of the benefits at the administrative level.

house-of-representatives-seal

2025 Tax Cliff Swiftly Approaches 

The growing spotlight is on House GOP tax teams as significant 2017 tax law provisions are set to expire next year.

General News

HOTMA Insight Series – Impact on Property Economics  

The Housing Opportunity through Modernization Act enacted in 2016 amends several aspects of Multifamily Housing Programs and its implementation has brought material changes that impact property owners and tenants, including income calculation, net family assets and income reviews.

General News

Deduction to Credit – 45L Credits Easy Choice for Developers  

The 45L credit was initially introduced as a tax deduction under the Energy Policy Act of 2005. Initially, it allowed developers of energy-efficient residential properties, including multifamily buildings, to claim a deduction of up to $2,000 per unit for eligible construction or rehabilitation projects meeting specific energy-efficiency criteria. 

Federal Housing Finance Agency

FHFA Increases Fannie and Freddie LIHTC Investment Cap  

At the end of last year, the Federal Housing Finance Agency increased the 2024 annual LIHTC investment cap for Fannie Mae and Freddie Mac from $850M to $1B.

[Page 6 of 159 ]