News

The U.S. Department of Labor is undertaking its first comprehensive review in almost 40 years of the regulations that implement the Davis-Bacon Act and related laws, requiring employers on federally-funded or assisted construction projects to pay locally prevailing wages to construction workers.

The Federal Home Loan Bank of Boston will open an application for its 2022 Affordable Housing Program (AHP) on June 6, with a minimum of $10.6 million.

NH&RA signed the Campaign for Housing and Community Development’s (CHCDF) Fiscal Year (FY) 2023 funding letter to Congress calling for the highest allocation of discretionary funds possible for affordable housing and community development programs.

On April 1, Governor Charlie Baker (R) signed a supplemental state budget for FY2022 that provides $100 million in additional funding for emergency rental assistance through the RAFT program.

The Housing Association of Nonprofit Developers (HAND) launched its Housing Indicator Tool (HIT) to track local efforts to produce affordable housing in the Washington Region.

Governor Kathy Hochul (D) and the Legislature reached an agreement last week on the FY2023 Budget, which includes a new $25B, five-year statewide affordable housing plan, some funding for NYCHA, and much-needed aid to renters still facing the financial instability brought by the COVID-19 pandemic.

President Joe Biden (D) nominated former Treasury Department official Michael Barr to lead the Federal Reserve’s regulation of the banking system as the central bank’s vice chair for supervision.

HUD released the Fiscal Year (FY) 2022 Income Limits for the Public Housing, Section 8 project-based, Section 8 Housing Choice Voucher, Section 202 housing for the elderly and Section 811 housing for persons with disabilities programs.

On April 20 at noon the Subcommittee on Housing, Community Development and Insurance of the House Financial Services Committee will convene in the Bronx, NY for a hybrid field hearing entitled, A Matter of Life and Death: Improving Fire Safety in Federally Assisted Housing.

The Illinois Housing Council and the Federal Home Loan Bank of Chicago will host a webinar on April 21 at 2 p.m. CT to share the latest changes to the Bank’s Affordable Housing Program.

In response to public comment received during and subsequent to the recent rule development workshops, Florida Housing revised sub-paragraph 67-21.014(2)(r)6., paragraph 67-21.026(12)(e) and paragraph 67-48.0072(17)(f), F.A.C., to read as follows:  Ensure that no construction or inspection work is performed by the General Contractor, with the following exceptions: (i) the General Contractor may perform its duties […]

Fannie Mae announced the Expanded Housing Choice (EHC) initiative, which aims to increase the acceptance of HUD’s Housing Choice Vouchers (HCVs), at properties in Texas and North Carolina.