News

President-elect Donald Trump has nominated Scott Turner, a former Texas legislator, NFL player and community advocate, to serve as Secretary of the U.S. Department of Housing and Urban Development.

The Ohio Housing Finance Agency (OHFA) Board approved financing from various programs to support nine housing developments.

Minnesota Housing announced the availability of up to approximately $5.5 million in funding to address homelessness and housing instability among students and their families through the Homework Starts with Home (HSWH) Program. 

Minnesota Housing announced the availability of up to $25.0 million for Housing Trust Fund (HTF) Program Rental Assistance during the grant term of Oct. 1, 2025-Sept. 30, 2027, to provide funding for temporary rental assistance and housing-related expenses, such as application fees and security deposits, in partnership with supportive services for High Priority Homeless families and individuals.

Minnesota Housing announced the availability of up to approximately $20.5 million in funding to provide supportive services and direct financial assistance to help households retain their housing or obtain housing through the Family Homeless Prevention and Assistance Program (FHPAP). 

Ohio Housing Finance Agency Announces Board and Committee Meetings – Nov. 20, 2024 

Minnesota Housing is now accepting pre-applications for an award of 2025 four percent Housing Tax Credits (HTC) for projects expected to be financed with tax-exempt volume limited bonding authority from Minnesota Management and Budget (MMB). 

The 2025 draft of CHFA’s Transit-oriented Communities (TOC) Credit Allocation Plan is now available for review on CHFA’s website.

The Community Development Financial Institutions (CDFI) Fund announced the opening of the 2024-2025 New Markets Tax Credit (NMTC) application round, with notice of allocation availability expected to be published in Thursday’s Federal Register.

HUD is marking the 50th anniversary of the Housing Choice Voucher (HCV) program, established under the Housing and Community Development Act of 1974.

The Department of Housing and Urban Development (HUD) has proposed draft Mortgagee Letters adjusting underwriting standards for affordable multifamily housing loans.

The Federal Housing Finance Agency (FHFA) has raised the multifamily loan purchase caps for Fannie Mae and Freddie Mac to $146 billion in 2025, up from $142 billion in 2024. Workforce housing loans will continue to be exempt from the caps.