NCSHA Blogs
House Financial Services Subcommittee Holds Hearing on Homeless Children and Youth Act of 2017
On June 6, the House Financial Services Subcommittee on Housing and Insurance held a hearing, “Legislative Review of H.R. 1511, the “Homeless Children and Youth Act of 2017,” introduced by Representative Steve Stivers (R-OH) and Representative David Loebsack (D-IA).
New Democrat Coalition Paper Highlights Housing Crisis
The New Democrat Coalition, a group of moderate Democratic members of the House of Representatives, has released a white paper titled Missing Millions of Homes, which outlines the preliminary findings of the Coalition’s Housing Task Force, convened last year to consider solutions to rising housing costs.
House Appropriations Committee Approves FY 2019 Bill Level Funding Most Housing Programs
On May 23, the House Appropriations Committee approved the Fiscal Year (FY) 2019 Transportation, Housing, and Urban Development (THUD) funding bill, which provides $44 billion in total net discretionary spending for HUD programs.
House Financial Services Committee Advances Bills Aimed at Voucher Mobility, Transitional Housing
On May 22, the House Committee on Financial Services advanced the Housing Choice Voucher Mobility Demonstration Act of 2018, HR 5793, and the Transitional Housing for Recovery in Viable Environments Demonstration Program (THRIVE) Act, HR 5735.
FHFA Director Watt Testifies Before Senate Banking Committee
The Federal Housing Finance Agency (FHFA) will soon propose capital requirements for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, FHFA Director Mel Watt told the Senate Banking Committee during a May 23 hearing.
House Passes Financial Regulatory Reform Bill
The U.S. House of Representatives on May 22 passed legislation, the “Economic Growth, Regulatory Relief, and Consumer Protection Act” (S. 2155), that amends federal banking law and financial regulations.
Senate Confirms Brian Montgomery to Be FHA Commissioner
The Senate today voted to confirm Brian Montgomery’s nomination to serve as Commissioner of the Federal Housing Administration (FHA) and HUD Assistant Secretary for Housing.
Fannie Mae Study Demonstrates Strong Performance of HFA Homeownership Loans
Single-family loans originated through state HFA programs perform substantially better than similar loans to low- and moderate-income (LMI) borrowers, according to a working paper published last week by Fannie Mae.
Joint Economic Committee hearing on the “Promise of Opportunity Zones”
On May 17, the congressional Joint Economic Committee (JEC) held a hearing to consider the potential positive impacts that Opportunity Zones tax incentives, enacted in the Tax Cuts and Jobs Act of 2017, could have for low-income communities.
House Financial Services Subcommittee Examines the State of Homelessness in America
On May 17, the House Financial Services Subcommittee on Housing and Insurance held a hearing titled, “An Overview of Homelessness in America,” to examine homelessness and federal, state, and local efforts to reduce it.
