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Democrats Court a New Voting Bloc: People Who Donโ€™t Own Homes

Renters hold little sway in Washington. They vote at lower rates than homeowners. Theyโ€™re generallyย representedย in Congressย byย homeowners. They have no deep-pocketed lobbyists. And their...

Trump-Appointed Official Promises Full Push to Overhaul Plumbing of Mortgage Market

WASHINGTON โ€” The newly installed overseer ofย Fannie Maeย andย Freddie Macย is planning a new push to overhaul the housing-finance companies, aiming to solve the last major quandary from the...

White House and HUD Publish Opportunity Zone Implementation Plan

WASHINGTON, D.C. โ€“ The White House Opportunity and Revitalization Council (โ€œCouncilโ€) today published its Implementation Plan, outlining to President Donald J. Trump a detailed work plan for...

Treasury Issues Second Set of Highly Anticipated Opportunity Zones Guidance

Washingtonย โ€“ The U.S. Department of the Treasury today issued its second set of proposed regulations related to the new Opportunity Zones tax incentive. The tax benefit, created by the 2017 Tax...

Trump Officials Stress Urgency In Fannie, Freddie Revamp

WASHINGTONโ€”Senior Trump administration officials are discussing how to jump-start an overhaul of mortgage finance, with the new federal overseer ofย Fannie Maeย andย Freddie Macย pledging to act...

HUD Announces Request for Information on Maximizing the Positive Impact of Opportunity Zones

WASHINGTON โ€“ The U.S. Department of Housing and Urban Development (HUD) today announced a Request for Information (RFI) seeking public input on how the Department can use its existing authorities...

Unsafe to Stay, Unable to Go: Half a Million Face Flooding Risk in Government Homes

When a deadly rainstorm unloaded on Houston in 2016, Sharobin Whiteโ€™s apartment complex flooded in up to six feet of water. She sent her toddler and 6-year-old to safety on an air mattress, but her...

HUD Issues Proposed Rule To Make Section 3 More Efficient and Effective

WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today published a proposed rule to improve the effectiveness and efficiency of Section 3 of the Housing and Urban Development...

FHFA Authorizes Payments to Housing Trust Fund and Capital Magnet Fund

Washington, D.C.ย - FHFA Acting Director Joseph Otting announced today that he has authorized the disbursement of Fannie Mae and Freddie Mac's affordable housing allocations for 2018 to the U.S....