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Washington Report | June 1, 2018
The โdecline of rural Americaโ isย not a new narrative, but it has become a more established themeย in recent years, for some understandable reasons. The rural share of the population is...
Washington Report | May 25, 2018
I was honored to be present at todayโs groundbreaking of HELP Walter Reed Apartments in Northwest Washington, DC, at the invitation of DCHFA Executive Director and CEO Todd Lee. The development...
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.
2018 WCDA Lender of the Year Announced
Heather Knighton, Loan Originator at Wallick & Volk, Casper, was named the Wyoming Community Development Authority (WCDA) 2017 Lender of the Year.
Carol Wilson, WCDA Director of Single Family Programs, Wins Brown-Wells Service Award
Carol Wilson, Director of Single Family Programs at Wyoming Community Development Authority (WCDA), was named the 2018 recipient of the Brown-Wells Service Award.
House Passes Financial Regulatory Reform Bill
The U.S. House of Representatives on May 22 passed legislation, the โEconomic Growth, Regulatory Relief, and Consumer Protection Actโ (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 Montgomeryโs nomination to serve as Commissioner of the Federal Housing Administration (FHA) and HUD Assistant Secretary for Housing.
Brockton Housing Communities Will Undergo Substantial Renovation, Have Affordability Preserved With $14.5 Million in MassHousing Financing
MassHousing has closed on a total of $14.5 million in affordable housing financing to Beacon Communities LLC, for the rehabilitation and preservation of affordability of 570 apartments at two related Brockton housing communities.
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.
Iowa Finance Authority Announces Launch of Iowa Profile on Demographics, Economic and Housing
The Iowa Finance Authority today announced the launch of the Iowa Profile, a centralized and interactive collection of demographic, economic and housing data, which is a first of its kind resource for the State of Iowa.