Federal / Agency News
The Evolving Timeline for Tax Reform and How You Can Help
President Trump has predicted tax reform to be in place by the end of the year, but there’s potential for it going into 2018.
Housing Voucher Renewal Will Require Substantially More Funding in 2017
The Center on Budget and Policy Priorities has recently estimated the cost of renewing all housing vouchers in 2017 at $18.86 billion.
Expect Less Regulation for the Foreseeable Future
The Trump Administration has implemented both a regulatory freeze and a more recent executive order which will reduce the number of new regulations put forth by most federal agencies.
Senate Democrats Unveil Comprehensive Infrastructure Plan, Affordable Housing Included
The $1 trillion plan aims to create over 15 million jobs, and addresses issues including broadband internet, downtown revitalization, water and sewer, schools, roads and bridges, and also includes investments for public and affordable housing.
HUD Solicits Public Comment on Expanding Moving to Work Program, Comments Due March 24
Public comment is currently being requested for the draft Operations Notice which deals with implementation of the MTW program in expanding it to another 100 PHAs over the next seven years.
Treasury Secretary Nominee Steve Mnuchin Non-Committal on LIHTC and NMTC
Treasury Secretary Nominee Steve Mnuchin was tepid towards both tax credit programs.
Sarasota Housing Authority Director William Russell to lead HUD on Temporary Basis
The former HUD deputy assistant secretary for public housing has been tapped by the Trump transition team to lead HUD on a temporary basis and serve as special adviser to the incoming HUD secretary.
Dr. Ben Carson One Step Closer to Confirmation
The HUD Secretary Nominee received a unanimous vote from the Senate Committee on Banking, Housing and Urban Affairs.
HUD Implements HOTMA Changes to Housing Choice Voucher and Project-Based Voucher Programs
The effective date of these changes is April 18, 2017, while comments are due by March 20, 2017.
HUD Announces $15 Million to Test New Approach to Help Low-Income Seniors Age in Place
The initiative will fund select owners of HUD-assisted senior housing developments to help their low-income senior tenants to age in their own homes and delay or avoid the need for nursing home care.
HUD Implements Family Income Reviews Under FAST Act
Multifamily Housing expects to issue an interim final rule in the near future that amends the regulatory language to implement the Fixing America’s Surface Transportation (FAST) Act.
LIHTC Receives Praise During Dr. Carson’s Confirmation Hearing
Dr. Ben Carson, the nominee for HUD Secretary, underwent a confirmation hearing before the Senate Committee on Banking, Housing, & Urban Affairs on January 12, 2017.