HUD issued a notice requesting comments on HUD’s use of Form HUD-9886-A to verify tenants’ citizen and immigration status in Housing Choice Voucher and Public Housing programs. HUD seeks comments on whether the information collection is necessary, the accuracy of HUD’s burden estimates, ways to improve the quality of the information collected, and ways to […]
National Multifamily Housing Council (NMHC) published its Housing Affordability Toolkit. Top Findings Include:
HUD’s newly released LIHTC Tenant Tables for 2023 show that 57.2% of LIHTC residents are classified as ‘extremely low-income,” earning 30% or less of area median gross income (AMGI), the highest share ever recorded in this dataset. By the Numbers: Go Deeper: See Novogradac’s writeup for a detailed breakdown and visual representation of the data.
Representative Mike Carey (R-OH-15) introduced the Housing Opportunities and Preservation Enhancement (HOPE) Act on July 2, which would create new tax incentives targeted to individual investors that encourage the renovation and rehabilitation of existing rental properties for preservation as affordable housing. The legislation would require at least 70% of incentivized units to be rent-restricted for […]
The Trump Administration’s effort to shut down HUD’s Restore-Rebuild initative is drawing national attention in a new article by Politico. Restore-Rebuild has been essential for public housing authorities and developers as they work to modernize and preserve affordable housing in their communities. What They’re Saying: La Shelle Dozier, CEO of the Council of Large Public […]
Momentum for reforming BABA implementation at HUD continues to grow. A recent Politico article highlights increasing bipartisan concern over the ability to source domestic materials with calls from BABA reform champions, Sen. Susan Collins (R-ME), Sen. Jeanne Shaheen (D-NH), and Rep. Mike Flood (R-NE), to make changes at HUD. What They’re Saying: Rep. Mike Flood, […]
Housing Assistance Council (HAC) released a new research brief detailing how USDA’s Section 515 Multifamily Housing Portfolio continues to shrink. By The Numbers: The Bottom Line: The impending mass exodus of homes slated to leave the Section 515 portfolio will likely further strain the rural affordable housing supply in states all across the nation.
HUD announced the volume of RAD for Section 202/Project Rental Assistance Contract (RAD for PRAC) conversion plan submissions this calendar year have used all Preservation Rent Increase (PRI) funding currently available. As a result, any new RAD for PRAC conversion plan submissions with PRI after May 29, 2026, will be waitlisted and will be evaluated on a […]
A group of local governments and nonprofits filed a supplemental complaint in an ongoing lawsuit challenging HUD’s attempts to change the Continuum of Care (CoC) program’s emphasis and criteria for grants. In Context: In December, a preliminary injunction issued in the case prevented HUD from moving forward with a significantly altered NOFO for 2025, reverting […]
A proposed rule from the Federal Housing Finance Agency (FHFA) would significantly rewrite its regulations on Fannie Mae’s and Freddie Mac’s Duty to Serve (DTS) Underserved Markets. In Context: DTS applies to three areas: rural housing markets, manufactured housing, and affordable housing preservation. The proposed rule would: FHFA intends the regulatory changes to take effect […]
Last week, NH&RA and other affordable housing organizations hosted a BABA briefing for the Build America Caucus to discuss the unintended consequences and potential solutions to BABA implementation and the waiver process at HUD. A member of Rep. Goodlander’s (D-NH) team presented H.R. 9311: Build Housing Affordably Act, bipartisan legislation sponsored by Rep. Goodlander and […]
House Speaker Mike Johnson (R- LA) sent the 21st Century ROAD to Housing Act to the White House on Monday, kicking off the 10-day clock (which excludes Sundays) for the bill to become law. Questions About Enactment? After abruptly canceling last Wednesday’s bill signing ceremony, if President Trump continues to withhold his signature until Republicans […]