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HFA News


  • Blog Post
    May 26, 2015

    Last week, the Board of Governors of the Federal Reserve System (Fed) released a proposed rule that would change how certain municipal bonds are classified under federal banking liquidity standards. Specifically, the proposal would allow large banks to count some of their municipal bond investments as high-quality liquid assets.

  • Blog Post
    May 26, 2015

    On May 21, Senator Al Franken (D-MN) and Senate Finance Committee member Rob Portman (R-OH) introduced the Housing for Homeless Students Act, S. 1412, which would add a new exemption to the Housing Credit student rule to allow full-time students to qualify to rent a Housing Credit apartment if they were a youth experiencing homelessness at any point within the seven years prior to moving into their Housing Credit apartment (according to the definition of homeless children and youth used in the McKinney-Vento Homeless Assistance Act) or if they are a veteran and were homeless at any point within the five years prior to moving into their Housing Credit apartment.

  • Blog Post
    May 21, 2015
    House of Representatives.gif

    Earlier this week, the House Financial Services Subcommittee on Housing and Insurance held a hearing examining the Rural Housing Service (RHS) and the role it plays in the single-family mortgage market. During the hearing, Subcommittee members debated the findings of a 2012 Government Accountability Office (GAO) report that suggested that RHS's single-family lending programs be consolidated with similar programs administered by the Federal Housing Administration (FHA). The witnesses at the hearing were Tony Hernandez, the Administrator of RHS, and Mathew Scire, the Director for Financial Markets and Community Investment at GAO.