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NCSHA Washington Report | February 14, 2020

In the years after World War II, an average of one in five Americans moved every year. Last November, the Census Bureau reported the share had fallen below 10 percent for the first time,...

Hud Kicks Off 2020 Secretary’s Awards For Healthy Homes Competition

WASHINGTON - Today, the U.S. Department of Housing and Urban Development (HUD) announced it’s opening this year’s HUD Secretary Awards for Healthy Homes. Promoting healthy homes that foster...

Trump Administration’s FY 2021 Budget Proposes Significant Cuts to Federal Housing and Community Development Programs

On February 10, the Trump Administration sent Congress its Fiscal Year (FY) 2021 Budget request, “A Budget for America’s Future.” The $4.8 trillion budget outlines the Trump Administration’s fiscal priorities for the coming year, including eliminating several key federal affordable housing and community development programs and arguing that states and local governments are “better positioned to comprehensively address the array of unique market challenges, local policies, and impediments that lead to housing affordability problems.”

HUD Awards Funds to Build 1,100 Homes for Low-Income Seniors

WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today awarded more than $51 million in housing assistance to non-profit organizations across the country to finance more...

NCSHA Washington Report | February 7, 2020

When we left our spin through state HFA history at the end of the 1960s, the innovation of a few states seemed poised to sweep the country. In fact, 18 more states created HFAs between 1968 and...

Progressive House Members Release Affordable Housing Platform

Representative Earl Blumenauer (D-OR) has been joined by other progressive House members — Representatives Pramila Jayapal (D-WA), Jesus “Chuy” Garcia (D-IL), Alexandria Ocasio-Cortez (D-NY), Ilhan Omar (D-MN), Ayanna Pressley (D-MA), and Rashida Tlaib (D-MI) — in releasing a framework for addressing the affordable housing crisis, which the authors call the People’s Housing platform. The platform contends that housing is a human right and federal affordable housing policy has been insufficient to address housing needs. It prescribes numerous steps the federal government should take to invest in affordable housing.

U.S. Faces Growing Rental Affordability Challenges According to New Harvard Report

On January 31, Harvard University’s Joint Center for Housing Studies (JCHS) released its 2020 edition of “America’s Rental Housing” report.  The new report shows that, despite slowing demand and continued strength of new construction, rental markets in the United States remain extremely tight. According to JCHS, vacancy rates are the lowest in decades, the number and share of cost-burdened renters are again on the rise, and the number of people experiencing homelessness is also increasing. These conditions mark significant market changes since the Great Recession, including an influx of higher-income households, constraints on new supply, and substantial losses of low-cost rental units.

NCSHA Recommends Regulatory Reforms of Housing Programs to Trump Administration

On January 31, NCSHA submitted comments to the White House Council on Eliminating Regulatory Barriers to Affordable Housing recommending specific steps the Departments of Agriculture, Housing and Urban Development, and Treasury can take to streamline and improve federal housing programs. These actions would lead to more affordable housing production with reductions in cost and administrative burden.

New Report Shows America’s Rental Affordability Crisis Climbing The Income Ladder

CAMBRIDGE, MA – Rental market conditions in the United States have changed fundamentally since the Great Recession, according to America’s Rental Housing 2020, a new report out today from the...

NCSHA Washington Report | January 31, 2020

When President Trump established the White House Council on Eliminating Barriers to Affordable Housing Development by executive order last summer, we recalled that the dozen or so similar...

PHFA’s Executive Director Announces His Retirement

Brian A. Hudson Sr. today announced his retirement after 45 years of working at the Pennsylvania Housing Finance Agency. For the past 16 years, he has served as PHFA’s executive director and CEO, expanding the agency’s programs to better serve the housing needs of Pennsylvanians. Hudson is well known statewide and nationally as a leader in the housing field. His last day at the agency will be Feb. 7, 2020.

Responding to Homebuyer Habits Online Are Priorities for Alaska Housing Finance Corporation

Buying a home in Alaska will be less complicated with modernized names for Alaska Housing Finance Corporation loans and free online resources that provide how-to information about budgeting for a future mortgage and home features that save money. While the purchase transaction of the past almost entirely relied on the relationship of the buyer with their lender, Alaska’s borrowers are better informed online shoppers today and thus, more empowered to ask questions of their lender about which loan is best for their circumstances.