Frank Cassidy, Federal Housing Commissioner and Assistant Secretary for Housing at HUD, is taking a leave of absence “for the foreseeable future” due to family matters.
A HUD spokesperson confirmed Ginnie Mae President Joseph Gormley will lead the Office of Housing and the Federal Housing Administration “following an orderly handoff.”
President Donald Trump named Bill Pulte, Director of the Federal Housing Finance Agency (FHFA), as Acting Director of National Intelligence on Tuesday, June 2. What They’re Saying: The move draws condemnation from Democrats and Republicans alike: In Context: Pulte’s nomiation has the potential to threaten passage of bipartisan efforts to reform and reauthorize Section 702 […]
Senators Jeanne Shaheen (D-NH) and Dave McCormick (R-PA) sent a bipartisan letter to Secretary Turner urging HUD to make commonsense reforms to the BABA process that will support the new construction and preservation of affordable housing across America. The Senators note that the current BABA waiver system for products that are not produced in sufficient […]
The House narrowly passed the FY 2027 Agriculture, Rural Development, FDA, and Related Agencies Appropriations Act (H.R. 8646), by a 213–210 vote. Nearly all Democrats and five Republicans opposed the measure. By the Numbers: While overall USDA funding would decline slightly under the bill, key Rural Housing Service (RHS) multifamily housing programs would largely maintain […]
The House Appropriations Committee approved the Fiscal Year 2027 Transportation, Housing and Urban Development, and Related Agencies (T-HUD) Appropriations Act on June 3 in a marathon session by a vote of 34 to 27, divided along party lines. Go Deeper: The committee approved five minor amendments to the bill, but failed to pass an amendment […]