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Chairman Crapo Releases Outline for Housing Finance Reform

WASHINGTONย โ€“ Today, Senate Banking Committee Chairman Mike Crapo (R-Idaho) released an outline for housing finance reform legislation.ย  The outline incorporates elements of many plans and...

Washington Report | February 1, 2019

On January 24, Politico reported that, in a recording of a January 17 staff meeting at the Federal Housing Finance Agency (FHFA), acting director Joseph Otting (who also serves as...

HUD Secretary Carson Announces Agreement to Address Longstanding Issues at NYCHA

WASHINGTON - U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced an agreement with the City of New York and the New York City Housing Authority (NYCHA) to provide a new...

HUD and Census Bureau Report New Residential Sales in November 2018

WASHINGTON โ€“ The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for November 2018.

Boston Public Housing Community Will Undergo Extensive Renovation With $14 Million in MassHousing Financing

MassHousing has closed on $14 million in financing toย Beacon Communities LLCย for the rehabilitation and preservation of affordability at the 72-unit Camden Apartments in Boston. The Camden Apartments is a state-aided public housing community currently operated by theย Boston Housing Authorityย (BHA). As part of its ongoing effort to modernize public housing across Boston, the BHA has designated Beacon Communities to redevelop the Camden Apartments property.

Investment Focus on Affordable Housing Expanding Among Opportunity Zone Fund Managers

WASHINGTON, DC โ€” The potential for billions of dollars in new investment in affordable housing through Opportunity Zones is growing, according to new analysis by the National Council of State...

Crapo Outlines Banking Committee Agenda for 116th Congress

WASHINGTONย โ€“ Banking Committee Chairman Mike Crapo (R-Idaho) has outlined his committee agenda for the 116th Congress. The Committee will continue to identify and move bipartisan legislative...

SDHDA Hosting Meetings to Identify Housing and Community Development Priorities

South Dakota Housing Development Authority (SDHDA), in partnership with the Governorโ€™s Office of Economic Development (GOED), will be hosting a public meeting to discuss housing and community development priorities. The meeting is an opportunity for the public to provide their comments, suggestions and ideas for how state and federal dollars should be utilized for housing and community development. All housing and community development initiatives and policies are then outlined in the program allocation plans, outlining how SDHDA and GOED will administer the financing programs.

HUD Renews Funding to Thousands of Local Homeless Programs

WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today awarded approximately $2 billion to renew support to thousands of local homeless assistance programs across the nation....

White House Plans to Overhaul Housing Finance System, Top Regulator Says

The White House will announce a plan by next month to end government control of Fannie Mae and Freddie Mac in a bid to resolve a long debate over the fate of the two companies that dominate the...

Washington Report | January 25, 2019

UPDATE: On Friday (01/25/2019) afternoon, President Trump agreed to reopen the federal government until February 15, allowing time to negotiate FY 2019 funding legislation, including immigration...

NCSHA Opportunity Zone Fund Directory Details More Than $16 Billion in Investment Across 72 Funds

NCSHA released an updated edition of its Opportunity Zone Fund Directory today, providing details on 72 Qualified Opportunity Funds formed to attract investment in designated Opportunity Zones. The latest edition of the directory includes nine new funds and details on each fundโ€™s management, organization, size, investment focus, and geographic focus.