News

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.

Arkansas Gov. Sarah Huckabee Sanders signed two bills into law on April 13 that will extend the state’s Historic Rehabilitation Tax Credit for five years and change the tax credit percentage depending on locale.

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.

The Rural Housing Service updated the process for competitive lender submissions (responses) regarding proposed projects for the Section 538 Guaranteed Rural Rental Housing Program (GRRHP).

CDFI announced revisions to its certification application.

In a new blog post, Brad Elphick and Peter Lawrence with Novogradac explain the recently released Organization of Economic Cooperation Development (OECD) guidance on the Global Minimum Tax (GMT).

HUD announced two plans last week, one centered on Potential Changes to Regulation Requiring Accessibility and Prohibiting Discrimination on the Basis of Disability in HUD-Assisted Programs the other on Removing Unnecessary Barriers to Housing for People with Criminal Records.

Susan Rice and Erika Poethig with the White House’s Domestic Policy Council (DPC) are both stepping down.

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.

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.

HUD announces the release of the National Standards for the Physical Inspection of Real Estate (NSPIRE) score calculator demo video, which housing authorities, property owners and agents can use as a resource to estimate their inspection score under the new national standards for the inspections.

Senator Angus King (I – ME) described housing affordability as a “national crisis that’s really impinging the rebuilding of the economy.”