Federal / Agency News

On October 22, 2025, HUD issued a notice further delaying the effective date of the “HOME Investment Partnerships Program (HOME): Program Updates and Streamlining” final rule from October 30, 2025 to April 30, 2026. On the legislative side, Reps. Mike Flood (R-NE) and Emanuel Cleaver (D-MO) formally received a bill number for the HOME Reform […]

The IRS released new 2026 per capita multipliers for private activity bonds and LIHTCs in early October and we covered the release in our October 15 edition. The IRS updated Revenue Procedure 2025-32 changing the 9% LIHTC multiplier from $3.05 to $3.416. By the numbers: In the past, the IRS has rounded down the multiplier […]

The Harvard Joint Center for Housing Studies (JCHS) released a new report that finds 65 percent of working-age renter households in the U.S. cannot afford basic necessities after paying rent.

The Senate Subcommittee on Housing, Transportation, and Community Development held a hearing titled “Innovation in US Housing: Solutions and Policies for America’s Future” to discuss practical strategies to reduce costs, deregulate the industry, and improve building efficiency in affordable housing. Witness testimonies included:   Senator Dave McCormick (R-PA) mentioned the importance of LIHTC in the […]

The Federal Housing Finance Agency (FHFA) is asking for feedback on its proposed Strategic Plan for FY 2026–2030.  The new plan proposes three strategic goals for FHFA:  Input is due by November 5, 2025, and should be submitted via this form. 

The Senate failed to pass a continuing resolution (CR) to fund and reopen the federal government for the eleventh time on Monday, extending the government shutdown into a fourth week.  Last Wednesday, Judge Susan Illston of the U.S. District Court for the Northern District of California, issued a temporary restraining order (TRO) to block layoffs […]

Chair Mike Flood (R-NE) and Ranking Member Emanuel Cleaver (D-MO) of the House Financial Services Committee’s Housing and Insurance Subcommittee introduced the HOME Reform Act of 2025 yesterday. The bill text is the same as the draft released during the HOME 2.0 Hearing, with the exception of raising the Davis-Bacon threshold from 12 to 24 […]

The Continuum of Care (CoC) Program is the largest source of funds for homeless assistance in the country and proposed changes could lead to dramatic cuts. Go Deeper: What’s Next: If you use CoC funds and/or are concerned about this change in funding, please reach out to your Congressional members’ housing staff to voice your […]

NH&RA continues to update our state map and tracker of new 25 percent financed-by bond test policies. Several states have updates: The Affordable Housing Tax Credit Coalition released recommended practices for 25 percent test implementation, offering guidance to state and local housing finance and bond allocating agencies. Recommendations include:

The IRS released new 2026 per capita multipliers for private activity bonds and LIHTCs. What’s Next:

Craig Trainor was confirmed by the Senate as Assistant Secretary for Fair Housing and Equal Opportunity (FHEO) at HUD. Go Deeper: A recently passed rules change allows confirmation of nominees to be done “en bloc consideration.” Trainor was confirmed along with 111 other nominees. Trainor’s background can be found in our June 18 edition along […]

As the government shutdown enters its third week, Office of Management and Budget (OMB) Director Russ Vought posted on X “The RIFS have begun.”