News

California

Austin On-Track to Become Least Affordable Housing Market U.S. Outside of California

According to a forecast prepared by Zillow the Austin metropolitan area is on track to become by year’s end the least affordable major metro region for homebuyers outside of California.

Kansas

Kansas to Release Results of First Housing Study in Nearly Three Decades

Kansas Housing Resources Corporation will release the results of its year-long comprehensive statewide housing needs assessment following a state-wide tour.  

Federal Housing Finance Agency

FHFA Releases 2022 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions

The Federal Housing Finance Agency (FHFA) released the 2022 Scorecard for Fannie Mae, Freddie Mac (the Enterprises), and Common Securitization Solutions, LLC (CSS).

HUD

HUD Announces Several Staff Appointments

Yesterday, HUD announced staff appointments across several of its offices.

congress-capitol

Busy December Ahead for Congress

Congress returns from Thanksgiving break with a long to-do list and not much time left.

General News

NHPF, Enterprise Report Offers Seven Strategies to More Resilient Affordable Housing

The NHP Foundation and Enterprise’s new report, A Decade of Rental Housing Vulnerability: Lessons Learned from Financial Crisis to Coronavirus, provides results of a survey of one hundred stakeholders from across the affordable housing spectrum, examining how lessons from recent history inform industry interventions of today and tomorrow.

HUD

HUD Inspector General Report Outlines Top Management Challenges Facing HUD in 2022

Each year HUD’s Inspector General is required to submit a report to the HUD Secretary detailing the most serious management and performance challenges facing the Department.

HUD

HUD Expands RAD Data Dashboard

HUD released an expanded Rental Assistance Demonstration data dashboard on the RAD Resource Desk.

congress-capitol

House Passes Build Back Better Act, Remaining Deadlines Loom

On Friday, the House passed the $2 Trillion Build Back Better Act (H.R. 5376) along a party line vote.

Presidential Seal

Wisconsin HFA CEO Joins Biden-Harris Administration

Wisconsin Housing and Economic Development Authority (WHDA) CEO Joaquín Altoro accepted a position within the Biden-Harris administration as administrator of the U.S. Department of Agriculture’s Rural Housing Service, effective as of November 11.

HUD

FHA Requires Electronic MAP Application Submissions – Dec. 10

The Office of Multifamily Housing published Mortgagee Letter 2021-26, which announces the required use of the FHA Catalyst: Multifamily Applications Module effective Dec. 10, 2021, for all electronic MAP application submissions.

congress-capitol

IRS Publishes 2022 LIHTC, PAB Caps

The Internal Revenue Service released Revenue Procedure 2021-45, which sets state ceilings for nine percent LIHTCs and private activity bonds (PAB).

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