Newsroom
JCHS Report Describes Serious Affordable Housing Challenges
In June 2018, Harvard University’s Joint Center for Housing Studies (JCHS) released its annual report, The State of the Nation’s Housing 2018. The report examines the state of the housing market in 2018, finding that while the housing market improved in many respects over the last year, an increasing amount of low- and moderate-income families lack access to affordable housing options and homeownership is becoming less affordable.
HUD Seeks Comments on Potential Changes to its Final Rule on Fair Housing Act Disparate Impact Standard
On June 20, the Department of Housing and Urban Development (HUD) published an advanced notice of proposed rulemaking (proposed rule) inviting comments on HUD’s 2013 Implementation of the Fair Housing Act’s Discriminatory Effects Standard final rule (disparate impact rule) as it seeks to determine what changes to the rule, if any, may be needed to reflect the outcome of the 2015 Supreme Court decision in Texas Department of Housing and Community Affairs v. Inclusive Communities Project, Inc.
DCHFA Closes Homeownership Month with Launch of a New Mission, Statement of Values, Logo and Website
As the June Housing Bloom (National Homeownership month) comes to a close the District of Columbia Housing Finance Agency launches a new mission statement, agency values, logo, website and expands it social media activity to Instagram.
Kresge Foundation and CHFA Partner to Support Businesses in Underserved Communities
Colorado Housing and Finance Authority (CHFA) and The Kresge Foundation are pleased to announce a new partnership to support organizations located in disadvantaged communities.
Senate Rejects Rescission Bill That Would Have Reduced Funding for Affordable Housing Programs
On June 20, the Senate rejected the Administration-proposed Spending Cuts to Expired and Unnecessary Programs Act, 48 – 50. If enacted, the bill would have rescinded $14.7 billion in funding that had previously been approved by Congress.
Agency Reports Record Breaking Loan Production
First-time buyers pushed North Dakota Housing Finance Agency’s (NDHFA) homeownership program to a record breaking level this spring.
Housing Market Report Data Show Show Steady Demand for Housing and Challenges for Homeowners and Renters in Most Areas of the State
The combination of a robust economy, a low unemployment rate, and increasing median income statewide continues to make New Hampshire a desirable place to work and live.
RIHousing Celebrates National Homeownership Month, Announces Record-Breaking First Quarter
RIHousing funded a recording-breaking 523 mortgages with a volume of over $104.9 million during the first quarter of 2018. This is the highest first quarter for closings in RIHousing’s 45-year history.
White House Chooses Permanent Head of Consumer Financial Protection Bureau
The White House Saturday, June 16, confirmed its intention to nominate Kathy Kraninger to become the director of the Consumer Financial Protection Bureau (CFPB).
Florida Housing Targets Most Vulnerable for Additional Funding
Florida Housing approved three applications this morning to fund affordable homeless housing developments in Osceola, Brevard, and Hillsborough County, as well as, two applications for developments housing persons with a Disabling Condition in Hillsborough and Miami-Dade County.
Washington Report | June 15, 2018
I spoke this week at the annual meeting of the Housing Policy Council of the Financial Services Roundtable at the invitation of council president Ed DeMarco. A focus of my remarks, and a subject...
FHFA Proposes Capital Standards for Fannie and Freddie
On June 12, the Federal Housing Finance Agency (FHFA) proposed new capital requirements for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.
