News

General News

Rep. Price Will Not Seek Re-Election

Representative David Price (D-NC) announced that he will not seek reelection in 2022. Rep. Price has served as a longtime chairman of the Subcommittee on Transportation, Housing and Urban Development, and Related Agencies of the House Appropriations Committee.

HUD

Senate Appropriations Committee Releases Final FY 2022 Bills

Senate Appropriations Committee Chairman Patrick Leahy (D-VT) released the committee’s nine remaining Fiscal Year 2022 (FY22) appropriations bills, which include proposed FY22 spending bills for HUD and Treasury.

Federal Housing Finance Agency

Fannie, Freddie May Acquire up to $78 Billion in Multifamily Loans in 2022

The Federal Housing Finance Agency announced the multifamily loan acquisition volume caps for the GSEs in 2022.

General News

2021 LIHTC National Pool is $7.8 Million–Highest Amount in more than 25 Years

Revenue Procedure 2021-44 from the Internal Revenue Service (IRS) allocates nearly $7.8 million–the largest amount in 26 years–of unused LIHTCs to 29 states. $7,797,915 in unused credits will be allocated to states, ranging from $30,789 for South Dakota to $1,357,757 for California.

HUD

Submit Potential Disaster Housing Resources to HUD

HUD is seeking help locating potential resources (vacant units) available to assist with housing survivors displaced as a result of a Presidentially Declared Disaster (PDD). Please complete this form with details of any vacant units, regardless of their connection (or lack thereof) to HUD. While the solicitation is nationwide, HUD and the Federal Emergency Management […]

General News

U.S. Court of Appeals Rules Federal Courts do not have Per Se Jurisdiction in ROFR Cases

The U.S. Court of Appeals for the First Circuit issued a ruling, which affirms a lower court’s ruling that federal courts do not have per se jurisdiction over Right of First Refusals (ROFRs) given to qualified nonprofits or other qualifying organizations under Section 42.

HUD

HUD Climate Adaptation, Resilience Plan Calls for Incorporating Climate Risks into Underwriting

HUD released its climate adaptation and resilience plan, in conjunction with the 22 other federal agencies required to release plans under a January 27 executive order that directed agencies to assess climate risks to their operations.  

General News

Applications for CHAPA’s Neighborhood Emergency Housing Support Program Due Nov. 1

Citizens’ Housing and Planning Association issued a Request for Proposals for its new Neighborhood Emergency Housing Support program.

congress-capitol

Congress Punts on Debt Limit

The House voted to raise the debt limit by $480 billion through December 3, the same day federal appropriations will run out.

HUD

HUD Requires 30-Day Notice Period for Non-Payment of Rent Evictions in HUD-Assisted Properties

HUD published an interim final rule, which prohibits the eviction of tenants for nonpayment of rent from HUD-subsidized public housing and certain properties with PBRA without providing a 30-day notice period that includes information about available federal emergency rental assistance.

HUD

HUD Holds Multifamily Disaster Call – Oct. 14

HUD’s Office of Multifamily Housing Programs will hold a stakeholder call on Multifamily’s ongoing preparedness and response to disasters.

General News

Historic Tax Credit Advocacy Needed

The National Trust Community Investment Corporation recently released this Historic Tax Credit (HTC) advocacy video, narrated by Bob Vila.

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