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Treasury and IRS Announce Proposed New Tax Form to Collect Opportunity Zone Fund Data

Washington – The United States Department of the Treasury and the Internal Revenue Service (IRS) today released a proposed Form 8996 for Qualified Opportunity Funds (QOFs) for the 2019 tax year....

HUD Awards $1.5 Million to Public Housing Authorities to Assist Young People Aging Out of Foster Care

WASHINGTON - U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $1.5 million to nearly a dozen housing authorities to assist young people aging out of foster care and who are...

HUD and Justice Department Sign Interagency Memorandum on the Application of False Claims Act

WASHINGTON - U.S. Housing and Urban Development Secretary Ben Carson and U.S. Attorney General William Barr today issued a Memorandum of Understanding (MOU) between the two agencies that sets...

FHFA Releases New Strategic Plan and Scorecard for Fannie Mae and Freddie Mac

​​​Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released a new Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac and a new 2020 Scorecard for Fannie...

Housing Finance Agencies strengthened by strong demand

Through Oct. 24, single-family issuance totaled $11.55 billion, up from $10.9 billion in calendar 2018, while multifamily issuances came to $6.36 billion, below the 2018 total of $6.8 billion, the...

HUD Releases Evaluation of Rental Assistance Demonstration

WASHINGTON - In 2012, the U.S. Department of Housing and Urban Development (HUD) embarked upon a new program to address the critical capital needs of severely distressed public housing. Today, HUD...

New Democrat Coalition Endorses Housing Legislation

Washington, DC – Today, the New Democrat Coalition (NDC), led by Chair Derek Kilmer, NDC Vice Chair for Policy Suzan DelBene, and NDC Housing Task Force Co-Chairs Reps. Denny Heck, Katie Hill,...

Shaheen Bills Seek to Beef Up Rural Affordable Housing Programs

U.S. Sen. Jeanne Shaheen, D-NH, has introduced legislation to expand the U.S. Department of Agriculture Rural Development rental assistance programs and further expand and align other rural...

HUD Offers $112 Million to Expand Affordable Housing Opportunities for Low-Income Persons with Disabilities

WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) announced today that there is a combined $112 million available to expand the supply of permanent affordable housing for very...