Industry News
NH&RA Joins Rent Comparability Study Letter to HUD
NH&RA joined a letter led by the National Leased Housing Association to HUD Secretary Marcia Fudge on its rent comparability study policy around the valuation of non-shelter services.
Senate Banking Committee Advances Several HUD Nominees
The Senate Banking Committee voted to advance the nominations of Julia Gordon to serve as assistant secretary of Housing and Federal Housing commissioner, David Uejio to serve as assistant secretary for Fair Housing and Equal Opportunity, Arthur Jemison as assistant secretary for Public and Indian Housing, Solomon Greene as assistant secretary for Policy Development and Research and Elizabeth de Leon Bhargava as assistant secretary for administration.
FHFA Calls for Revisions to GSE Duty to Serve Plans
The Federal Housing Finance Agency (FHFA) announced its objections to Fannie Mae’s and Freddie Mac’s revised DTS Proposed Underserved Markets Plans for 2022-2024. Under the DTS rule, Fannie Mae and Freddie Mac must prepare and submit three-year DTS plans detailing their activities to serve three underserved markets: manufactured housing; rural housing; and affordable housing preservation.
Member News
Red Stone Equity Partners Achieves Record Fundraising and Investment Milestones in 2021
Red Stone Equity Partners LLC announced that 2021 marked the most successful year in the company’s history in terms of fundraising activity.
Hunt Capital Partners, Family Housing Resources Rehab Arizona Apartments
Hunt Capital Partners, in partnership with local nonprofit Family Housing Resources Inc. (FHR), announced the closing of $7.3 million in Federal LIHTC equity financing for the acquisition and rehabilitation of Talavera Apartments.
Standard Communities Promotes Mackenzie
Standard Communities said it has promoted Jessica Mackenzie to senior director of capital markets.
