News

General News

Build America Bureau Hosts Transit-Oriented Development Credit Underwriting Webinar 

The Build America Bureau Credit Programs Team will share information about the credit review process and considerations for potential transit-oriented development loans.

California

The California Department of Housing and Community Development Releases Prohousing Incentive Program – Notice of Funding Availability 

The California Department of Housing and Community Development (HCD) is pleased to release the Prohousing Incentive Program (PIP) Round 3 Notice of Funding Availability, Program Guidelines and application.

Oregon

Oregon Housing and Community Services to Receive $8M in Federal Funding for the Creation of 153 Affordable Homes for People with Disabilities 

Oregon Housing and Community Services (OHCS) has been awarded $8 million from HUD to create 153 affordable homes for people with low incomes living with disabilities.  

Presidential Seal

Affordable Housing Financing Enhancements  

The Biden-Harris administration has introduced an update to a Department of Housing and Urban Development financing program that will help state and local Housing Finance Agencies build more affordable homes.

HUD

RFI for HUD’s Choice Neighborhoods Grant 

The Department of Housing and Urban Development has issued a Request for Information (RFI) in the Federal Register to gather public feedback on its Choice Neighborhoods (CN) program.

Presidential Seal

Selling Federal Land to Developers 

The White House and Republicans are exploring a plan to sell federal land to developers as a solution to close the housing gap in the U.S.

Federal Housing Finance Agency

Enhance AHP Application Process 

The Federal Housing Finance Agency (FHFA) released a Request for Input (RFI) to gather suggestions on enhancing the application procedures for members and project sponsors seeking funding from the Federal Home Loan Banks’ (FHLBanks) Affordable Housing Program (AHP).

congress-capitol

Commercial Property Affordable Housing Conversion 

Recent bipartisan efforts in Congress aim to address the affordable housing shortage by converting distressed and vacant commercial real estate into residential properties. Notably, the Revitalizing Downtowns and Main Streets Act, introduced by Representatives Mike Carey (R-OH) and Jimmy Gomez (D-CA), proposes a temporary 20 percent tax credit for converting underutilized commercial buildings that are at least 20 years old into affordable housing.

General News

Leveraging Tech to Address Housing Demand  

Avanath Capital Management is leveraging technology to address the housing shortage by partnering with Vessel Technologies. Their goal is to deliver over 5,000 affordable and workforce housing units by 2030.

Presidential Seal

HUD CNI Grant Funding Awards 

The Biden-Harris administration is investing $325 million through HUD’s Choice Neighborhoods program to build new homes and revitalize seven communities across the U.S.

General News

Emerging Middle-Income Housing Programs 

The Joint Center for Housing Studies explores how traditional housing affordability programs primarily target low-income households, leaving middle-income earners in a precarious position.

house-of-representatives-seal

FY25 THUD Appropriations Approval 

The House Appropriations Committee has approved the Fiscal Year 2025 Transportation, Housing and Urban Development, and Related Agencies Appropriations Act.

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