HUD

congress-capitol

House Passes FHA Reform Bill; Includes Multifamily Provisions

The U.S. House of Representatives has passed The FHA Reform Act of 2010 (H.R. 5072) on a vote of 406-4.

HUD

HUD Releases Policy Requirements and General Section to FY-2010 NOFAs

The U.S. Department of Housing and Urban Development (HUD) has released its “Policy Requirements and General Section to HUD’s FY-2010 NOFAs for Discretionary Programs.”

congress-capitol

HUD Releases Transformation Of Rental Assistance Proposal

HUD has released its proposal to Congress for its Transformation of Rental Assistance (TRA) Program. The proposed legislation would authorize major changes to HUD’s rental assistance programs, aimed at rethinking the entire nature of rental assistance, making it more user-friendly, enabling more tenant mobility, facilitating more preservation and development.

The $350 million proposal would provide owners of public and HUD-assisted housing the opportunity to convert to Section 8 like property-based rental assistance contracts. This would provide owners an important new tool to sustain operations and leverage private financing to address long-term capital needs and implement energy-efficiency improvements. View the complete story for a section-by-section summary.

congress-capitol

House Passes Extenders Legislation; Awaits Further Senate Consideration

Today (Friday, May 28) the U.S. House of Representatives passed H.R. 4213, the American Jobs and Closing Tax Loopholes Act (Tax Extenders Legislation). The legislation contains several provisions of note for affordable housing and tax credit developers…

congress-capitol

NH&RA Releases 2010 Spring Policy Forum CD-ROM

NH&RA is pleased to offer a CD-ROM containing digital audio recordings of select panel sessions from the Spring Forum.

HUD

HUD Extends Commenting Deadline on FY-2011 Research Agenda

The U.S. Department of Housing and Urban Development (HUD) has announced that it has extended its deadline for public comment on the FY-2011 research agenda.

HUD

FHFA Proposes Rule to Evaluate GSE’s Activity in Underserved Markets

The Federal Housing Finance Agency (FHFA) recently proposed a new rule that would establish a system for evaluating and rating the performance of Fannie Mae and Freddie Mac in serving three specific underserved markets identified in the Housing and Economic Recovery Act (HERA) in 2008 ““ manufactured housing, affordable housing preservation, and rural markets.

HUD

HUD Releases Labor Force Data System

HUD’s Office of Policy Research & Development has released a new information system containing labor force data for cities from a database of Local Area Unemployment Statistics data from the Bureau of Labor Statistics.

HUD

Obama Administration Announces HUD’s Southwest Regional Director

U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan this week announced the Obama Administration’s nomination of C. Donald Babers to serve as the Department’s Southwest Regional Director.

congress-capitol

NH&RA Spring Policy Forum: PowerPoint Presentations Available

Last week, the National Housing & Rehabilitation Association welcomed over 120 industry professionals to Washington, DC for its 2010 Spring Affordable Housing Policy Forum. The highly praised program explored the critical nexus between today’s changing public policy environment and affordable housing development, as well as combined NH&RA’s traditional transaction-oriented sessions with valuable social networking opportunities.

HUD

HUD Publishes Choice Neighborhoods Initiative Pre-Notice

HUD has published its FY-2010 Choice Neighborhoods Imitative (CNI) NOFA Pre-Notice. CNI is funded at $65,000,000 in FY-2010. The pre-notice is intended to help potential applicants prepare for the application process. It sets out the core goals of the initiative and outlines the framework and selection criteria for the competition.

HUD

HUD Releases Preview of 1st Quarter 2010 Market Conditions

HUD’s Office of Policy Development and Research has released a report, “Preview of Data for U.S. Housing Market Conditions 1st Quarter 2010.” Published quarterly, the report provides statistical data and written reports on housing market conditions in the U.S.

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