• September 14, 2017
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    The U.S. Senate earlier today confirmed Pamela Patenaude’s nomination to serve as Deputy Secretary for Housing and Urban Development (HUD). The final vote approving Patenaude’s nomination was 80-17, with all Republicans and most Democrats voting in favor.

  • September 13, 2017
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    President Trump yesterday nominated Brian Montgomery to serve as commissioner of the Federal Housing Administration (FHA) and HUD assistant secretary for housing. Montgomery previously served as FHA commissioner/assistant secretary for housing from 2005 to mid-2009 after working on President George W. Bush’s White House staff. He is currently vice-chairman of the Collingwood Group, a housing finance consulting firm he co-founded.

  • September 12, 2017
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    On September 11, HUD published a Notice in the Federal Register designating Difficult Development Areas (DDA) and Qualified Census Tracts (QCT) for 2018 for purposes of the basis boost allowed under Low Income Housing Tax Credit (Housing Credit) program.

  • September 12, 2017
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    On September 8, President Donald Trump signed a legislative package including provisions to provide more than $15 billion in disaster recovery aid, raise the debt ceiling, and enact a continuing resolution to fund federal programs after the September 30 end of this fiscal year until December 8, 2017. The president's signature came after House lawmakers cleared the bill (HR 601) by a 316-90 vote earlier in the day. The Senate approved the package the day before by a 80-17 vote.

  • August 30, 2017
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    The Federal Housing Administration (FHA) yesterday announced that it is amending the fees it charges borrowers through its Home Equity Conversion Mortgage (HECM) program.

  • August 10, 2017
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    On August 9, HUD released its biannual Worst Case Housing Needs Report to Congress. The report finds that, despite continued signs of a strengthening national economy, 8.30 million households had worst case needs in 2015, up from 7.72 million in 2013 and approaching the record high of 8.48 million in 2011. HUD defines worst case housing needs as renters with very-low incomes (below 50 percent of area median income) who do not receive government housing assistance and who spend more than half of their income on rent, live in severely inadequate conditions, or face both of these challenges. In 2015, the vast majority of households with worst case housing needs had severe housing cost burdens, while two percent lived in severely inadequate conditions.

  • August 4, 2017
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    The U.S. Senate yesterday confirmed by voice vote several of President Trump’s nominees for key housing and tax policy positions, including: Neal Rackleff, to be HUD Assistant Secretary for Community Planning and Development; Anna Farias, to be HUD Assistant Secretary for Fair Housing and Equal Opportunity; and David Kautter, to serve as Assistant Secretary of Treasury for Tax Policy. The three nominees were passed as part of a broader package of 65 nominees spanning a variety of federal agencies.

  • July 31, 2017
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    Tomorrow at 10:00 a.m., NCSHA President Grant Whitaker, who serves as president and chief executive officer of the Utah Housing Corporation, will testify on behalf of NCSHA before the Senate Finance Committee at a hearing on America’s Affordable Housing Crisis: Challenges and Solutions. The hearing will be broadcast live on the Committee’s website, and will also be available there for streaming thereafter.

  • July 31, 2017
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    The Senate Banking Committee voted during executive session July 27 to approve the nominations of six Trump Administration nominees for positions in the Departments of Housing and Urban Development (HUD), Treasury, and Commerce.

  • July 31, 2017
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    On July 27, the Senate Appropriations Committee unanimously approved its Fiscal Year (FY) 2018 Transportation and Housing and Urban Development (THUD) funding bill, providing $950 million for the HOME Investment Partnerships program (HOME) and fully funding Section 8 rental assistance—strong outcomes that NCSHA and other program stakeholders helped achieve in a difficult fiscal environment.