News

Anna Maria Farias and Neal Rackleff will serve as Assistant Secretaries at HUD. The two Texas lawyers were both confirmed on August 3.

The CDFI Fund received 230 applications in its 2017 round for the New Markets Tax Credit Program.

HUD’s 2017 edition of its Worst Case Housing Needs shows that severe housing problems are on the rise.

A recent report commissioned by the CDFI Fund not only found full compliance amongst all Community Development Entities (CDEs) reviewed, but also found that CDEs generally exceeded minimum financing thresholds mandated by the IRS.

HUD posted on YouTube a series of four video training sessions on Chapter 9  of the Section 8 Renewal Policy Guide, “Rent Comparability Studies.”  These videos provide in-depth training on preparing and reviewing rent comparability studies (RCS).

In a bipartisan show of support for affordable housing, members of the Committee from both sides of the aisle acknowledged the need for more affordable housing and the role of the Low-Income Housing Tax Credit (Housing Credit) as our nation’s primary tool for increasing the supply of affordable rental housing.

The 3.5% increase over last year is in contrast to the House’s current appropriations bill, which calls for a 1.3% decrease to HUD’s appropriation.

Dominque Blom named new General Deputy Assistant Secretary For Public and Indian Housing.

Registration is now open to attend in-person application workshops for the fiscal year (FY) 2017 application round of the Capital Magnet Fund.

Federal Reserve Governor Jerome Powell delivered remarks last week at American Enterprise Institute and gave his opinion on reforming the Government Sponsored Enterprises Fannie Mae and Freddie Mac.

T-HUD Bill Goes Through Committee Mark-Up, Forwarded to Full Committee Without Amendment.

The Public Housing Tenant Protection and Reinvestment Act of 2017 would reform several rules related to public housing, as well as fully fund the public housing stock.