Newsroom
Cordray to Leave CFPB by End of Month
Richard Cordray announced earlier today that he will step down as director of the Consumer Financial Protection Bureau (CFPB) by the end of this month. Cordray’s term was scheduled to end in mid-2018.
House Passes Legislation to Renew Flood Insurance Program
The U.S. House of Representatives yesterday passed legislation, the 21 Century Flood Reform Act, H.R. 2874, to reauthorize and reform the National Flood Insurance Program (NFIP). NFIP’s authorization is set to expire on December 9.
Senate Finance Committee Releases Modified Tax Reform Bill; House Prepares for Floor Tax Reform Action
Late last night, Senate Finance Committee Chairman Orrin Hatch (R-UT) released his Modified Chairman's Mark—the new version of the Senate tax reform legislation from which the Committee will work as it completes its mark-up this week. The Modified Chairman's Mark, like the previous version of the legislation, preserves the Low Income Housing Tax Credit and tax-exempt private activity bonds (PABs).
MassHousing Honors Companies for Generating $169 M with Minority & Women-Owned Businesses
MassHousing has recognized the efforts of 51 property management companies and four general contractors for making concerted efforts to partner with Minority and Women-Owned Business Enterprises (M/WBE) in fiscal year 2017, resulting in $169 million in revenue to diverse suppliers.
Louisiana Housing Corporation to host Housing Roundtable
One hundred and fifty members of Louisiana's affordable housing industry will convene Friday, November 17 from 9 a.m. to noon for Louisiana Housing Corporation's Housing Roundtable.
MassHousing Names Thomas J. Lyons Acting Executive Director
Today MassHousing's Board of Directors voted to appoint Thomas J. Lyons as the Agency's Acting Executive Director. Lyons, MassHousing’s Managing Director of Government Affairs and Communications, will lead MassHousing on an interim basis, while the Board conducts a search for a permanent executive director.
Ways and Means Committee Passes Tax Reform Bill; House Action Likely Later This Week
On November 9, the House Ways and Means Committee completed its mark-up of Chairman Brady's (R-TX) tax reform bill, the Tax Cuts and Jobs Act, H.R. 1, and reported the bill to the full House, which is expected to consider the bill this Thursday, November 16. The Committee did not adopt any amendments that would have changed the bill’s elimination of tax-exempt private activity bonds (PAB) or that would have modified the Low Income Housing Tax Credit statute, which the underlying bill also did not change.
Senate Finance Committee Begins Tax Reform Mark-Up
The Senate Finance Committee today began its mark-up of Chairman Orrin Hatch's (R-UT) tax reform legislation, called the Chairman’s Mark, this afternoon.
Senate Finance Committee Chairman’s Mark Preserves PABs, Housing Credit
The Senate Finance Committee just released its conceptual Chairman’s Mark, its version of tax reform legislation. In a major victory for NCSHA, it preserves both tax-exempt private activity bonds, including single-family and multifamily Housing Bonds, as well as the Low Income Housing Tax Credit.
LHC Board Approves Resolutions to Expand Affordable Housing Across Louisiana
the Louisiana Housing Corporation (LHC) Board of Directors approved more than $194 million to expand affordable housing opportunities statewide.
RIHousing Partners to Preserve Senior Housing, Utilize Renewable Energy at Pierce Manor
Providence Mayor Jorge O. Elorza, Senator Ana B. Quezada and Representative Scott A. Slater joined Barbara Fields, Executive Director of RIHousing, and representatives from Cornell Management to celebrate the completion of renovations at Pierce Manor, a housing development for seniors in the city’s West End.
MassHousing’s MIPlus Mortgage Insurance Has Helped 1,000 Homeowners Pay Their Mortgage Following a Job Loss
MassHousing's unique home mortgage insurance product -- MIPlus -- has now helped a total of 1,000 Massachusetts homeowners pay their mortgages during a period of unemployment.
