Federal / Agency News
NH&RA Hosts ICAST IRA & BIL Instant Benefit Estimate Calculator
ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.
Kentucky Seeks Comments on Action Plan
The Kentucky Department for Local Government (DLG) is seeking input from communities affected by the flooding from July 2022.
FY 2024 Appropriations Update
Last week the Senate passed a Fiscal Year (FY) 2024 appropriations package which included the Transportation, Housing and Urban Development (THUD) bill.
HUD Submits 2023 Worst Cast Housing Needs Report to Congress
HUD’s Office of Policy and Development Research submitted its Worst Case Housing Needs 2023 Report to Congress, showing that worst-case housing needs reached a record high of 8.53 million renter households in 2021.
Input on Proposed Modifications to the Enterprises’ 2022-2024 Duty to Serve Plans Due Dec. 6
The Federal Housing Finance Agency (FHFA) issued a Request for Input (RFI) on Fannie Mae and Freddie Mac’s (the Enterprises’) proposed modifications to their 2022-2024 Duty to Serve Plans. FHFA will accept comments through December 6 via this form.
FHFA to Host Property Insurance Symposium – Nov. 14 & 15
The Federal Housing Finance Agency will hold a the first in a series of property insurance symposiums on November 14 and 15, 2023.
New Jersey Board Approves Urban Preservation Program, Workforce Housing Program
The New Jersey Housing and Mortgage Finance Agency’s (NJHMFA) board of directors approved two new programs, the Urban Preservation Program (UPP) and Workforce Housing Program (WHP).
House Resumes Business with 16 Days of Funding Left
Last week, House Republicans elected Rep. Mike Johnson (R-LA) as Speaker.
HUD Announces Launch of Build America, Buy America Webpage
HUD announced the launch of the Build America, Buy America Act (BABA) webpage on the HUD Exchange.
HUD Updates Metros Subject to Small Area FMRs
HUD published a notice listing additional areas subject to small area fair market rents (SAFMRs) in the housing choice voucher program.
USDA Publishes Proposed Rule Updating Insurance Requirements for Multifamily Housing Programs
The U.S. Department of Agriculture’s Rural Housing Service (RHS) Office of Multifamily Housing announced a proposed rule that would update the insurance coverage and deductible requirements that have been in place since 2004 for its multifamily direct loan and grant programs.
White House Action to Create More Affordable Housing by Converting Commercial Properties to Residential Use
The Biden–Harris administration announced a set of initiatives by several federal agencies to support the conversion of high-vacancy commercial buildings to residential use, including through new financing, technical assistance and sale of federal properties.
California Announces NOFA for $172 Million
The California Department of Housing and Community Development (HCD) released the final National Housing Trust Fund (NHTF) guidelines and Notice of Funding Availability (NOFA) of approximately $172 million.