• September 23, 2016
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    On September 22, the Senate Banking Subcommittee on Housing, Transportation, and Community Development held a hearing titled "Oversight of the HUD Inspection Process" to highlight concerns with HUD's monitoring of project-based rental assistance (PBRA) properties in the wake of federal and local investigation of three properties in Florida managed by Global Ministries Foundation.

  • September 22, 2016
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    On September 22, Senate Finance Committee Ranking Member Ron Wyden (D-OR) released a discussion draft of legislation that would create a new tax credit program to stimulate the development of rental housing for middle-income households earning up to 100 percent of area median income (AMI).

  • September 22, 2016
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    On September 21, the House Financial Services Subcommittee on Housing and Insurance held a hearing titled “The Future of Housing in America: A Better Way to Increase Efficiencies for Housing Vouchers and Create Upward Economic Mobility” to discuss changes to federal housing assistance that would improve upward mobility and good stewardship of federal funds.

  • September 22, 2016
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    On September 21, HUD released an independently conducted report evaluating its Rental Assistance Demonstration (RAD) program, which finds that by October 2015, Public Housing Authorities (PHA) participating in the program had generated $2.5 billion in investment to preserve and rehabilitate public housing properties.

  • September 21, 2016
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    Earlier today, the Senate Appropriations Subcommittee on Transportation, Housing and Urban Development (THUD) held a hearing titled “Housing Vulnerable Families and Individuals: Is There A Better Way?” to explore the efficacy of place-based rental assistance, including public housing and project-based rental assistance (PBRA), and whether Congress should replace these programs with tenant-based Section 8 Housing Choice Vouchers (vouchers).

  • September 20, 2016
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    HUD’s recently released monthly Housing Scorecard points to new home sales, homeowner participation in loss mitigation programs, and declining foreclosure starts and completions as evidence that the housing market is steadily continuing to recover from the housing crisis.

  • August 29, 2016
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    On August 26, HUD published a notice in the Federal Register announcing the Fiscal Year (FY) 2017 Fair Market Rents (FMRs). FMRs are used to determine payment standards for a number of housing assistance programs, including the Housing Choice Voucher and the Project-Based Section 8 programs.

  • August 26, 2016
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    The Federal Housing Administration (FHA) and Federal Housing Finance Agency (FHFA) announced yesterday changes to their loss mitigation requirements to streamline their processes and help struggling homeowners avoid foreclosure and stay in their homes.

  • August 9, 2016

    The Council of Development Finance Agencies (CDFA) on August 5 released its report on 2015 Private Activity Bond and Volume Cap Trends, which finds that states issued $12.9 billion in private activity bonds (PAB) in 2015, $1.3 billion more than the previous year. 2015 was the second year in a row in which states increased their PAB issuance.

  • August 8, 2016
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    The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Treasury released the July Housing Scorecard earlier this month. The report says higher sales of new and previously owned homes, a lower mortgage rate, and higher home prices show that the housing market recovery is continuing.