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Secretary Fudge Announces $520 Million to Protect Low-Income Households from Lead and Other Home Health and Safety Hazards
Secretary announces funding during visit to Pittsburgh, PA with Vice President Harris and EPA Administrator Regan WASHINGTON - U.S. Department of Housing and Urban Development (HUD) Secretary Marcia...
FHFA Announces Equitable Housing Finance Plans for Fannie Mae and Freddie Mac
āāWashington, DC āĀ The Federal Housing Finance Agency (FHFA) today announced the release of Fannie Mae's and Freddie Mac's (the Enterprises) Equitable Housing Finance Plans for 2022-2024....
FHFA Announces Final Rule Requiring Fannie Mae and Freddie Mac to Submit Annual Capital Plans
Washington, D.C.Ā ā The Federal Housing Finance Agency (FHFA) today published a final rule that supplements the Enterprise Regulatory Capital Framework (ERCF) by requiring Fannie Mae and Freddie...
Secretary Fudge Launches āOur Way Homeā Initiative to Increase Affordable Housing Supply in Local Communities
WASHINGTON - U.S. Housing and Urban Development Secretary Marcia L. Fudge on Wednesday launched theĀ Our Way HomeĀ initiative, a new effort to boost the nationās affordable housing supply.Ā Our Way...
HUD Expands Eviction Protection and Diversion Program With Additional $20 Million
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) on Monday announced $20 million in new grants for its Eviction Protection Grant Program, doubling the amount originally...
Acting Comptroller Issues Statement on Interagency Proposal to Modernize the Community Reinvestment Act
WASHINGTONāActing Comptroller of the Currency Michael J. Hsu issued the following statement at today's Federal Deposit Insurance Corporation (FDIC) board meeting to consider the interagency notice...
In Los Angeles, Deputy Secretary of the Treasury Wally Adeyemo Calls on State and Local Governments to Use American Rescue Plan Funds to Boost Affordable Housing Supply
LOS ANGELES ā Today Deputy Secretary of the Treasury Wally Adeyemo visited an affordable housing services center in the City of Compton in Los Angeles County where he highlighted how California is...
FHFA Announces Fannie Mae’s and Freddie Mac’s Duty to Serve Underserved Markets Plans for 2022-2024
Washington, D.C.Ā ā The Federal Housing Finance Agency (FHFA) today published the 2022-2024 Underserved Markets Plans for Fannie Mae and Freddie Mac (the Enterprises) under the Duty to Serve (DTS)...
BPC Action Applauds Bipartisan Bill To Unlock American Rescue Plan Funds For Affordable Housing
BPC Action commendsĀ Reps. Alma Adams (D-NC)Ā andĀ David Rouzer (R-NC)Ā for their bipartisan collaboration to introduce H.R. 7078, theĀ LIHTC Financing Enabling Long-term Investment in Neighborhood...
Rising Construction Costs Stall Affordable Housing Projects
To start building an 80-unit affordable housing project in Texas, real estate developer MVAH Partners must find a way to fill a $3 million financing gap due to the rising cost of...
HUD Releases First Ever Equity Action Plan
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) on Thursday released its first ever Equity Action Plan in coordination with the Biden-Harris Administrationās...
Secretary Janet L. Yellen Highlights Year One Accomplishments on Treasuryās Efforts to Promote an Equitable Recovery and Equitable Economic Growth
WASHINGTONĀ āĀ Today, consistent with Executive Order (EO)Ā 13985, the U.S. Department of the Treasury released its Equity Action Plan. This report outlines how the Department is building the...