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HUD Floats a Plan Intended to Reduce Reliance on Housing Assistance

WASHINGTON โ€” The Trump administration has proposed legislation that could triple rents on the poorest tenants in federally subsidized housing as part of a push to redefine housing assistance as a...

Iowa Finance Authority Announces Nearly $2.6 Million in Federal Funding to Advance Rental

The Iowa Finance Authority Board of Directors today approved a total of nearly $2.6 million in low-interest loans through the federal HOME program.

DCHFA Finances Affordable Housing for Veterans at Walter Reed

DCHFA closed on its third affordable housing transaction during the month of April with the issuance of $9,541,577 in acquisition and rehabilitation financing for HELP Walter Reed Apartments (1324 Main Drive NW) in Ward 4.

New Financing to Create 975 Affordable Homes Statewide

The Washington State Housing Finance Commission approved a total of $207 million in financing for the new construction of nearly 1,000 affordable apartments in communities across the state.

FHFA Extends Comment Period for FHLB Affordable Housing Program Proposed Rule

The Federal Housing Finance Agency (FHFA) announced today that the comment period for a proposed rule that would amend the Federal Home Loan Banksโ€™ (FHLB) Affordable Housing Program (AHP) will be extended.

Homeownership Program Eligibility Limits Increased

The North Dakota Industrial Commission has approved an increase in the eligibility limits for state programs that assist with home purchases.

Grants for Housing Initiatives Awarded to Families in Transition and Four New Hampshire NeighborWorks Organizations

Two affordable housing initiatives โ€“ one to explore a multi-organization collaboration and another to fund a housing development resource person โ€“ recently received grants from the New Hampshire Housing Finance Authority.

Treasury and IRS Request Topics for Priority Guidance Plan

The Department of the Treasury (Treasury) and Internal Revenue Service (IRS) published Notice 2018-43 soliciting public comment on recommendations for items that Treasury/IRS should include in its 2018-2019 Priority Guidance Plan. The Priority Guidance Plan identifies guidance projects that Treasury and IRS intend to work on during the period from July 1, 2018 to June 30, 2019.

House Financial Services Subcommittee Examines Rent Reform Draft

On April 25, the House Financial Services Housing & Insurance Subcommittee held a hearing on โ€œHUDโ€™s Role in Rental Assistance: An Oversight and Review of Legislative Proposals on Rent Reformโ€ to discuss a draft of the Promoting Resident Opportunity through Rent Reform Act (PROTRRA) to be sponsored by Representative Dennis Ross (R-FL).