News
Salazar Appointed HUD Regional Administrator
President Joe Biden (D) appointed Oregon Housing and Community Services Executive Director Margaret Salazar to serve as the HUD Administrator for Region 10.
New York Governor Proposes $25 Billion, 100,000 Unit 5-Year Housing Plan
In her State of the State address, Governor Kathy Hochul (D) proposed a new $25 billion, 100,000-unit, five-year housing plan (SOTS page 125).
Montana Invests $15 Million In Affordable Housing
Governor Greg Gianforte (R) announced the state will invest up to $15 million to fund affordable housing projects across Montana.
Two New Clean Energy Programs in California
The California Housing Partnership (CHP) launched two new clean energy programs in 2022. CHP will be administering these, in addition to Solar on Multifamily Affordable Housing and Low-Income Weatherization Program.
Treasury Begins Emergency Rental Assistance Reallocation Process
Treasury released new data on the first round of reallocation of Emergency Rental Assistance authorized under the Consolidated Appropriations Act of 2021 (ERA 1).
NPS Report Finds Historic Tax Credit Contributed to $7.3 Billion in Investments in FY 2020
In fiscal year 2020, the HTC created 122,000 jobs across the country, contributed $13.8 billion in economic output, added $7 billion in GDP and generated $1.8 billion in tax revenue at the federal, state and local levels, according to the NPS Annual Report on the Economic Impact of the Federal HTCs for Fiscal Year 2020.
FCC Launches Affordable Connectivity Program
The Federal Communications Commission (FCC) recently launched the Affordable Connectivity Program (ACP).
Kansas Releases Statewide Housing Study
Kansas Housing and the state’s Office of Rural Prosperity announced the results of the state’s first comprehensive statewide housing needs assessment undertaken in nearly 30 years.
Housing Equity Accelerator Fellowship Application Open for DMV Area
The application process for Capital Impact Partners’ Housing Equity Accelerator Fellowship is now open for Black, Indigenous and People of Color developers in the metropolitan District of Columbia, Maryland and Virginia region.
FHFA Establishes New, Higher Affordable Housing Goals for Fannie Mae, Freddie Mac
The Federal Housing Finance Agency published a final rule establishing updated affordable housing goals for Fannie Mae and Freddie Mac.
HUD Seeks Assistance Housing Afghan Refugees
HUD Multifamily is gathering vacancy and potential resource information to assist Afghan evacuees/refugees as they are resettled in the U.S. and seek permanent housing.
Updated NMT Application FAQs
The Community Development Financial Institutions Fund (CDFI Fund) updated Application FAQ in response to specific questions raised during a webinar.