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The Bollinger Foundation is Now Accepting Scholarship Grant Nominations

The Bollinger Foundation is now seeking nominations for their 2018 grant awards.

Five HFAs Awarded Capital Magnet Fund Grants

The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) announced last week the recipients of the Capital Magnet Fund’s fiscal year (FY) 2017 round of funding. 

Senate Passes Comprehensive Financial Regulatory Reform Bill

The U.S. Senate on March 14 passed legislation, the “Economic Growth, Regulatory Relief, and Consumer Protection Act” (S. 2155), that amends federal banking law and financial regulations.

Senate Democrats Unveil Infrastructure Plan with Support for Affordable Housing

Senate Democrats this week released their Jobs & Infrastructure Plan for America’s Workers, a $1 trillion plan to invest in and modernize our nation’s infrastructure. Among other investments, Senate Democrats propose $62 billion for affordable housing, neighborhood revitalization, and lead remediation.

Tax Law’s New Inflation Adjustment Lowers 2018 Small State Minimum for Housing Credit and Private Activity Bond Volume Caps

The Internal Revenue Service (IRS) on March 5 published Revenue Procedure 2018-18 (contained within Internal Revenue Bulletin 2018-10), modifying 2018 cost-of-living adjustments for various programs, including the Low Income Housing Tax Credit (Housing Credit) and private activity bonds (PAB).

FHFA Proposes Changes to FHLB Affordable Housing Program

The Federal Housing Finance Agency (FHFA) issued March 6 a proposed rule that would amend the Federal Home Loans Banks’ (FHLB) Affordable Housing Program (AHP).

AHTCC Now Accepting Applications for 24th Annual Charles L. Edson Tax Credit Excellence Awards

The Affordable Housing Tax Credit Coalition (AHTCC) is currently accepting entries for the 24th Annual Charles L. Edson Tax Credit Excellence Awards.

USDA Announces Technical Assistance Grants for the Preservation of Section 515 Properties

The U.S. Department of Agriculture (USDA) earlier this week published a Request for Proposals (RFP) soliciting applications from qualified non-profit organizations and public housing authorities (PHA) who will provide legal and technical assistance to organizations seeking to acquire Rural Housing Service (RHS) Section 515 properties with maturing mortgages.

AEI Housing Experts Release Plan for Winding Down Fannie Mae and Freddie Mac

At an event Tuesday at the American Enterprise Institute (AEI), several housing experts discussed their proposal to eliminate the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and privatize most of the housing finance system.