Federal / Agency News
House Committee on Financial Services Holds Hearing With HUD Secretary
The House Committee on Financial Services will hold a hearing today at 10 a.m. featuring HUD Secretary Scott Turner on the Oversight of the Department of Housing and Urban Development and the Federal Housing Administration. The hearing noticed 11 legislative proposals, of interest to NH&RA members are:
Sen. Slotkin Introduces National Housing Emergency Act of 2026
Senator Elissa Slotkin (D-MI) introduced the National Housing Emergency Act of 2026, requiring President Trump to declare a national housing emergency and to invoke the Defense Production Act to incentivize housing production and build 4 million homes. NH&RA endorsed the legislation. The Big Picture: President Trump’s address at the World Economic Forum in Davos later today is expected to include a housing affordability plan.
Appropriations Committees Release FY26 THUD Final Bill
The House and Senate Appropriations Committees released their conferenced Transportation, Housing and Urban Development and Related Agencies (THUD) FY 2026 bill (pg. 612). By the Numbers: The committees allocated $77.3 billion in new budget authority for HUD, a $7.3 billion increase over the previous fiscal year. Go Deeper: The Senate summary, House summary, and Joint Explanatory Statement dive deeper into funding levels for […]
“Fair Housing Under Fire” Forum
Ranking Member of the Senate Banking, Urban Affairs and Housing Committee, Senator Elizabeth Warren (D-MA), hosted a spotlight forum with HUD whistleblowers on the Trump administration’s failure to enforce fair housing and civil rights laws. Go Deeper: Senator Warren invited Secretary Turner to this unofficial committee hearing after reporting the Republican Chairs would not schedule […]
CoC NOFO Applications Open, Due February 9, Lawsuit Update
HUD opened the FY24-25 Continuum of Care (CoC) NOFO on January 9, with deadlines for applications on February 9. In Context: Following the second hearing in the lawsuit, U.S. District Court Judge Mary S. McElroy issued a preliminary injunction that states: What They’re Saying: Upon opening the application portal which preserves the “status quo ante,” […]
Trump Directs Fannie & Freddie to Buy $200B in Mortgage Bonds
President Trump posted on Truth Social that he is “instructing my Representatives to BUY $200 BILLION DOLLARS IN MORTGAGE BONDS,” claiming this will drive mortgage rates and monthly payments down and make the cost of owning a home more affordable. On Monday, FHFA Director Bill Pulte thanked the management teams at Fannie and Freddie for […]
Appropriations Update
The Appropriations Committees in the House and Senate released another batch of FY26 bills to begin negotiations: By the Numbers: This new package means the House and Senate are actively negotiating five bills; they have already passed and funded three of the 12 bills. HUD funding is one of the remaining four bills still outstanding. […]
Bipartisan Policy Center Explainers on Federal Housing Policy Bills
The Bipartisan Policy Center (BPC) released section-by-section explainers breaking down the House of Representatives’ Housing for the 21st Century Act and the Senate’s ROAD to Housing Act. Both sweeping pieces of legislation combine more than 40 housing bills into a single legislative package. What’s Next: The House is expected to consider the Housing for the […]
IRS Publishes National Pool Data Allocations
Just before the end of the year, the IRS published Revenue Procedure 2026-9 including 2025 national pool allocations for the Housing Credit carryover amounts. By the numbers: 25 states will receive a total of $13,100,588 in Housing Credit authority. Rule Change: Normally, state Housing Credit allocating agencies must allocate national pool credits before the end of the […]
23 Days until Jan. 30 Funding Deadline
Congress has just 23 days to either pass the remaining appropriations bills or approve another continuing resolution (CR) before the current CR expires on January 30. Go Deeper: Of the 12 appropriations bills, Congress has passed and funded three bills and according to Politico, is actively negotiating three other bills. HUD is not included in […]
Internet Access Now Eligible as a Supportive Service for Seniors
HUD’s Office of Multifamily Housing issued a notice, recognizing Wi-Fi and internet access as a “supportive service” to help seniors “address health and social support needs.” Section 202 PRAC owners and agents may now use supportive services funds to pay for Wi-Fi networks and/or in-unit internet access for individual residents.
HUD OIG Semiannual Report Issued to Congress
HUD Office of Inspector General (OIG) issued its Semiannual Report to Congress for April 1 – September 30, 2025. By the numbers: HUD successfully resolved 214 open recommendations bringing the total open recommendations down to 547. The report focuses oversight on HUD’s Top Management Challenges: Why This Matters: We expect these findings to be discussed […]