HUD

The Florida Housing Finance Corporation will hold a Rule Development Workshop on Feb. 27 at 2 pm ET to discuss proposed changes to Rule Chapters 67-21 and 67-48 of the Florida Administration Code. Chapter 67-21 governs non-competitive affordable multifamily rental housing programs including the Multifamily Mortgage Revenue Bonds Program and 4 percent LIHTC. Chapter 67-48 governs competitive affordable multifamily rental housing programs including the State Apartment Incentive Loan Program, the Elderly Housing Community Loan Program, the HOME Investment Partnerships Program and 9 percent LIHTC.

On Feb. 1, HUD sent proposed changes to its disparate impact regulations to the Office of Information and Regulatory Affairs (OIRA) at the Office of Management and Budget (OMB). OIRA now has up to 90 days to review the changes and send them back to HUD to publish in the Federal Register.

The Office of Multifamily Housing at HUD sent a message to owners with rental subsidy contracts that have expired or are due to expire in February notifying them that HUD is prioritizing their contract renewals.

Representatives Emanuel Cleaver (D-MO) and Sean Duffy (R-WI) reintroduced the Housing Choice Voucher Mobility Demonstration Act of 2019, which encourages families receiving housing choice vouchers to move to lower-poverty areas, enabling more access to areas of greater opportunity.

The House Appropriations Subcommittee on Transportation, Housing and Urban Development and Related Agencies (THUD) will hold an oversight hearing on Tuesday, Feb. 12 at 4 p.m. ET on HUD’s management of rental assistance contracts during the shutdown.

The Deputy Assistant Secretary of HUD’s Office of Multifamily Housing Programs issued two memos regarding the resumption of Multifamily production and asset management activities.

The General Deputy Assistant Secretary for Public and Indian Housing issued a letter that provides information on the status of Housing Choice Voucher (HCV) program funding and the Public Housing Operating Fund under the Continuing Resolution that funds the government through Feb. 15.

Senate Banking, Housing and Urban Affairs Committee Chairman Mike Crapo (R-ID) released an outline for housing finance reform legislation. In a statement Chairman Crapo said, “we must expeditiously fix our flawed housing finance system. My priorities are to establish stronger levels of taxpayer protection, preserve the 30-year fixed rate mortgage, increase competition among mortgage guarantors, and promote access to affordable housing.” 

The National Low Income Housing Coalition (NLIHC) released Opportunities to End Homelessness and Housing Poverty in the 116th Congress, a memo to incoming members of Congress on steps to address the lack of decent, accessible and affordable housing. The report calls on members of Congress to:

The Department of Housing and Urban Development (HUD), the City of New York (City) and the New York City Housing Authority (NYCHA) announced an agreement that will address the longstanding issues at the housing authority’s properties.

The Government Accountability Office (GAO) issued a new report Housing Finance: Prolonged Conservatorships of Fannie Mae and Freddie Mac Prompt Need for Reform. The report, prepared for Chairwoman of the House Committee on Financial Services Maxine Waters (D-CA) and Congressman Sean Duffy (R-WI), calls on Congress to “consider legislation for the future federal role in housing finance that addresses the structure of the enterprises, establishes clear, specific, and prioritized goals and considers all relevant federal entities, such as FHA and Ginnie Mae.”

The Oregon Housing and Community Services (OHCS) released Notices of Funding Availability (NOFA) for the development and preservation of affordable rental through the HOME Investment Partnership program (NOFA #5003) and the 9% Low Income Housing Tax Credit (NOFA #5002). Applicants for both NOFAs must schedule a required site visit. To initiate scheduling the required site […]

The US House of Representatives passed two appropriations bills that would fund the Departments of Transportation, HUD, and Related Agencies (H.R. 267) as well as the Departments of Agriculture, Rural Development, Food and Drug Administration, and Related Agencies (H.R. 265). H.R. 267 passed with a vote of 244-180, with twelve Republicans voting in favor of […]