News

New York

New York Mayor Release Housing Plan

Mayor Eric Adams (D) released his housing plan, which included in one plan NYCHA, homelessness, affordable housing production, health and safety, and reducing administrative burdens.

Federal Housing Finance Agency

FHFA Releases Equitable Housing Finance Plans

The Federal Housing Finance Agency (FHFA) published Equitable Housing Finance Plans from Fannie Mae and Freddie Mac for 2022-2024.

HUD

HUD Publishes Updates to Seven NSPIRE Standards

HUD recently published seven updated standards for properties participating in the National Standards for the Physical Inspection of Real Estate (NSPIRE) Demonstration: 

house-of-representatives-seal

House Schedules FY 2023 Appropriations Markups

The House Committee on Appropriations is beginning the FY 2023 markup process.

Member News

Citi Community Capital Brings Hope Through Affordable Housing and Comprehensive Programs 

St. Teresa of Calcutta Villa combines 407 LEED certified apartments in downtown San Diego—making it the largest affordable housing tower in the city—with comprehensive services to support long term success for people who are homeless or at risk of becoming homeless.

HUD

HUD to Hold Innovative Housing Showcase 

HUD will host the Innovative Housing Showcase on the National Mall in Washington, DC June 10 to 12.

HUD

FHA Temporarily Implements Direct-to-Firm Commitment Process

HUD’s Office of Production issued temporary, three-month guidance implementing a procedural change to its underwriting queue to improve process efficiency.

HUD

RAD End of Year Closing Deadlines RAD End of Year Closing Deadlines

HUD’s Office of Recapitalization recently released timelines for year-end closings of Rental Assistance Demonstration (RAD) transactions.

Virginia

Nominations for Virginia’s Annual Awards Due June 30 

The Virginia Housing Alliance is accepting nominations for its Annual Award through June 30.

HUD

HUD Launches Our Way Home Initiative

Today, Secretary Marcia Fudge launched Our Way Home, a HUD-led effort to address the nation’s housing supply challenges.

Treasury

Bipartisan Group of Lawmakers Call for Expedited Final Rule on Income Averaging

Last week, a bipartisan group of lawmakers sent a letter to the Department of Treasury and Internal Revenue Service urging the expedited release of a final rule on income averaging under the LIHTC program.

HUD

HUD Releases Civil Rights Guidance on Marketing and Application Requirements for Subsidized Multifamily Properties

Two new guidance pieces from HUD clarify how certain marketing, rental application processing and waitlist management practices can perpetuate segregation or otherwise discriminate in violation of Title VI of the Civil Rights Act.

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