News

congress-capitol

Congress Approves Temporary Funding Measure through the New Year

Last week, the Senate passed the spending bill with an 87-11 tally, ending the threat of a government shutdown until after the holidays.

HUD

HUD, HHS Unveil Health-Focused Housing Efforts

The Biden-Harris administration released a new resource to help take action to address homelessness, The U.S. Playbook to Address Social Determinants of Health.

Oregon

Oregon Announces Request for Applications to Modular Housing Development Fund

Oregon Housing and Community Services (Affordable Rental Housing Division) announced an open Request for Applications (RFA) for the Modular Housing Development Fund (MHDF).

Federal Housing Finance Agency

FHFA Announces 2024 Multifamily Loan Purchase Caps

The Federal Housing Finance Agency (FHFA) announced that the 2024 multifamily loan purchase caps for Fannie Mae and Freddie Mac (the Enterprises) are $70 billion for each Enterprise, for a combined total of $140 billion to support the multifamily housing market.

General News

DOT Holds Webinars on Transit-Oriented Development

The U.S. Department of Transportation (DOT) is hosting a series of webinars for audiences interested in the potential use of the Railroad Rehabilitation and Improvement Financing (RRIF) and Transportation Infrastructure Finance and Innovation Act (TIFIA) programs to finance transit-oriented development (TOD) projects, including commercial-to-residential conversions.

HUD

HUD Publishes Build America, Buy America Guidance

HUD’s Office of Community Planning and Development (CPD) issued Notice CPD-23-12 providing implementation guidance for Build America, Buy America (BABA) domestic sourcing requirements for CPD programs, including the HOME Investment Partnerships program and Housing Trust Fund.

IRS

IRS Increases 2024 LIHTC and PAB Per Capita Rates, Minimums

In Revenue Procedure 2023-2024 the Internal Revenue Service (IRS) increased the 2024 nine percent LIHTC ceiling to the greater of $2.90 multiplied by the state population or $3,360,000.

Kentucky

Kentucky Seeks Comments on Action Plan

The Kentucky Department for Local Government (DLG) is seeking input from communities affected by the flooding from July 2022.

General News

Apply for 2024 ACHP/HUD Excellence in Historic Preservation Award

HUD and the Advisory Council on Historic Preservation (ACHP) announced that interested parties can apply for the 2024 ACHP/HUD Secretary’s Award for Excellence in Historic Preservation award.

congress-capitol

Year End Legislative Update; Advocacy Needed on Tax Bill

There are 47 days between now and the end of the year and only two days until the government runs out of funding under the current continuing resolution (CR).

congress-capitol

FY 2024 Appropriations Update

Last week the Senate passed a Fiscal Year (FY) 2024 appropriations package which included the Transportation, Housing and Urban Development (THUD) bill.

HUD

HUD Submits 2023 Worst Cast Housing Needs Report to Congress

HUD’s Office of Policy and Development Research submitted its Worst Case Housing Needs 2023 Report to Congress, showing that worst-case housing needs reached a record high of 8.53 million renter households in 2021.

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