News

HUD

HUD, NAHB Hold Innovative Housing Showcase June 9-11

HUD and National Association for Home Builders (NAHB) announced details for the 2023 Innovative Housing Showcase.

senate-seal

Affordable Housing Credit Improvement Act Reintroduced

Last week, the Affordable Housing Credit Improvement Act was reintroduced in both the House and Senate as H.R. 3238 and S. 1557.

HUD

HUD Releases Green and Resilient Retrofit Program NOFOs

HUD released the Notice of Funding Opportunity (NOFO) for its Green and Resilient Retrofit Program (GRRP).

HUD

NSPIRE Inspections to Start July 1 for Public Housing, Oct. 1 for HUD-Assisted Properties

Last week, HUD published the final rule for the National Standards for the Physical Inspection of Real Estate (NSPIRE), which establishes a new approach to defining and assessing housing quality.

HUD

HUD Publishes Income Guidance for Community Solar Programs

Community solar providers and building owners are grappling with how owners can distribute the financial benefits of community or rooftop solar to residents that reside in master-metered buildings and do not have an individual electricity bill.

Treasury

CDFI Capital Magnet Fund and Qualified Investment Report

CDFI Fund released the application data for the fiscal year (FY) 2023 round of its Capital Magnet Fund (CMF) program. A total of 144 organizations submitted applications requesting more than $1.1 billion in funding. The applicants propose to serve 49 states, the District of Columbia, Puerto Rico and Guam. In total, 42 percent of the […]

HUD

HUD Allocates $383 Million via National Housing Trust Fund

HUD allocated $382 million through the National Housing Trust Fund (HTF), which funds capital costs properties serving extremely low- and very low-income households, including families experiencing homelessness.

senate-seal

Senate Hearing on Rural Housing Legislation

Last week, the Housing, Transportation and Community Development subcommittee of the Senate Banking, Housing and Urban Affairs committee held a hearing on Rural Housing Legislation.

General News

Jim Tobin to lead NAHB

The National Association of Home Builders announced Jim Tobin will take the helm as president and CEO, effective June 1, succeeding Jerry Howard, who has led the organization since 2001.

senate-seal

Senate Banking Committee Hearing on Consensus Housing Solutions

Last week, the Senate Banking, Housing, and Urban Affairs Committee held a hearing titled “Building Consensus to Address Housing Challenges” that covered a wide range of housing industry issues that make housing unaffordable, including LIHTC, zoning and land use regulation, Housing First strategies to ending homelessness, flood insurance and mortgage fees.

NH&RA News

NH&RA Encourages States to Use Weatherization Assistance Program Funding for Multifamily

NH&RA sent a letter to the state offices responsible for administering Weatherization Assistance Program (WAP) funding encouraging them to devote a portion to multifamily affordable housing.

congress-capitol

New Bill Would Create Interagency Council on Affordable Housing and Preservation

Rep. Adam Schiff (D-CA) unveiled legislation that would create an interagency council, like the current U.S. Interagency Council on Homelessness (USICH), to analyze and strengthen affordable housing in the U.S.

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