- January 24, 2012
On January 18, the 2012 income limits for the USDA Rural Development Single-Family Guaranteed Loan Program went into effect. - January 18, 2012
HFA directors and staff, Administration officials, and industry partners came together last week for NCSHA's HFA Institute MRBs and Federal Mortgage Insurance conference. For three days, attendees took advantage of the opportunity to network with their peers and receive top-notch education during more than a dozen sessions. - December 19, 2011
NCSHA recently joined other national, state, and local organizations in sending a letter to President Obama and USDA Secretary Tom Vilsack urging them to propose FY 2013 funding levels for USDA rural housing programs at their FY 2011 appropriated levels or higher. - November 18, 2011
On November 18, President Obama signed into law the conference agreement on H.R. 2112, providing funding for HUD and USDA housing programs in FY 2012. The House had passed the bill by a vote of 298 to 121 and the Senate passed it by a vote of 70 to 30. - October 12, 2011
On October 6, the House Financial Services Subcommittee on Insurance, Housing, and Community Opportunity held a hearing on the Obama Administration’s response to the housing crisis. Representatives from Treasury, HUD, and the U.S. Department of Agriculture (USDA) all testified about how programs run by their agencies are addressing the housing crisis. - September 13, 2011
On September 7, the Senate Appropriations Committee approved the distribution of the overall FY 2012 discretionary spending cap of $1.043 trillion among the 12 appropriations subcommittees. The Senate Appropriations Committee also passed by a vote of 28 to 2, the FY 2012 Agriculture and Rural Development Appropriations bill, H.R. 2112. - July 25, 2011
On July 22, NCSHA submitted comments to the Federal Reserve Board (the Fed) on its proposal to amend Regulation Z and establish an ability-to-pay standard for mortgages under the Truth in Lending Act (TILA). - July 12, 2011
President Obama announced July 11 that he has named Carol Galante as the acting commissioner of the Federal Housing Administration (FHA), effective July 12. Until this appointment, Galante has served since March 2009 as HUD deputy assistant secretary for multifamily housing, where she oversaw the rental side of the FHA. - June 21, 2011
On June 16, the House passed, by a vote of 217 to 203, its FY 2012 Agriculture, Rural Development, Food and Drug Administration, and Related Agencies appropriations bill, H.R. 2112. The bill includes $17.25 billion in discretionary spending, $2.7 billion less than the FY 2011 spending level and $5 billion less than the President’s request. - May 31, 2011
On May 24, the House Appropriations Agriculture and Rural Development Subcommittee marked up and passed its FY 2012 appropriations bill. Also on May 24, the House Appropriations Committee approved the spending limit for each of its 12 subcommittees for FY 2012.
