News

House Ways and Means Chair Jason Smith (R-MO) announced the establishment of ten “Tax Teams,” made up of Republican members of the committee, that will each focus on a specific aspect of tax policy to prepare for what is expected to be major tax legislation next year in advance of the expiration of many provisions from the 2017 Tax Cuts and Jobs Act.

Senate, House Hold FY 2025 HUD Appropriations Hearings – April 30 & May 1 

The Environmental Protection Agency (EPA) awarded grants under the $7 billion Solar for All program, which will create or expand existing low-income solar programs.

The decoupling of rental assistance from Section 514/515 loans under the Consolidated Appropriations Act of 2024 will now permit properties with Section 514/515 maturing mortgages to continue to receive rental assistance to further preserve affordable housing. A stakeholder engagement session is being held on April 25 at 2 p.m. ET and those interested in participating are encouraged to register.

HUD announced an increase in deductibles for wind and named insurance coverage for multifamily properties financed with FHA-insured mortgages as a measure to address rising wind and storm insurance costs in recent years with extreme weather events expected to continue.

On Monday, the U.S. Supreme Court heard oral arguments in City of Grants Pass, Oregon v. Johnson.

The Senate Committee on Banking, Housing and Urban Affairs will hold an Oversight of Federal Housing Regulators hearing on April 18 at 10 a.m. ET. HUD Acting Secretary Adrianne Todman and Federal Housing Finance Agency (FHFA) Director Sandra Thompson will testify.

HUD published a proposed rule that would amend the regulations governing admission to certain HUD-supported housing for applicants with criminal records or histories of involvement with the criminal justice system and evictions based on illegal drug use, drug-related criminal activity or other criminal activity.

Representative Tom Cole (R-OK) will chair the full House Appropriations committee, following the retirement of Chair Kay Granger (R-TX) at the end of her term.

On April 16, the Housing, Transportation and Community Development Subcommittee of the Senate Committee on Banking, Housing and Urban Affairs held a hearing on Challenges in Preserving the U.S. Housing Stock.

Attend the event in-person or join virtually, as Bipartisan Policy Center’s (BPC) executive director Dennis Shea hosts a fireside chat with new HUD Acting Secretary Adrianne Todman discussing HUD’s approach and strategies in addressing the housing shortage on April 23 at 10 a.m. ET.

Our Homes, Our Votes is a nonpartisan initiative to boost voter turnout among low-income renters and elevate housing as an election issue.