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350 attendees packed HUD’s auditorium to learn about topics including resident rights and protections, the importance of strategic planning, and innovative uses of RAD to achieve local objectives.

The proposal would reorganize several aspects of the Federal Government, with affordable housing and GSE reform in the mix.

Due to procedural rules, Congress had until June 22 to pass the rescissions with a simple majority.

Last Friday morning, the National Housing Conference (NHC) held its Annual Policy Symposium in Washington D.C. to a welcoming audience of investors, researchers, and bureaucrats. The half-day event included an address by Detroit Mayor Mike Duggan on the city’s development, a panel of experts further discussing Detroit, and a panel discussing the growing impact and role of private-public partnerships in community development.

The THRIVE Act is a plan to create a transitional housing program for individuals recovering from opioid addiction or other substance abuse disorders.

HUD has released a new FAQ document for executing Section 8(bb) transfers, which allows for the transfer of budget authority from a terminated/expiring Project-Based Rental Assistance HAP contract to a new or existing PBRA HAP contract.

NH&RA encourages its members to support this important legislation. Sponsors anticipate there is an opportunity to attach the basis adjustment language to a larger legislative package that is likely to move through Congress toward the end of the year. Support for the legislation needs to come from both sides of the aisle to improve its chances of enactment.

The final round of submissions were approved for: Florida; Nevada; Pennsylvania; and Utah. All Opportunity Zones can now be viewed on the CDFI Fund website.

Registration is complimentary but spaces are limited.

The New Markets Tax Credit Coalition recently released its 2018 New Markets Tax Credit (NMTC) Progress Report.

EnVision Centers will offer HUD-assisted families access to services that can help them achieve self-sufficiency and serve as an incubator to support four key pillars of self-sufficiency: economic empowerment; educational advancement; health and wellness; and character and leadership.

The Reforming Disaster Recovery Act of 2017 (H.R. 4557) proposes to permanently authorize the Community Development Block Grant – Disaster Recovery (CDBG-DR) program.