Federal / Agency News

The Senate Banking, Housing, and Urban Affairs Committee held a hearing on Thursday, Oct. 30, 2025 at 10 a.m. for the nominations of: In Context: Information on their backgrounds can be found here. While many of the housing questions focused on increasing costs associated with single-family homeownership, a few multifamily conversations took place: What’s Next: […]

Reps. Mike Flood (R-NE) and Emanuel Cleaver (D-MO) introduced a new draft for the Home Reform Act, H.R. 5798. NH&RA is listed as supporting the legislation. What’s Next: A markup for the bill will be scheduled when the government reopens. The bill could also be combined with the ROAD to Housing Act, which is attached […]

Members of the ACTION Steering Committee (including NH&RA) sent a letter to the leadership of the House Financial Services Committee and its Housing and Insurance Subcommittee urging them to include the Community Investment and Prosperity Act (CIPA) in housing legislation. The Affordable Housing Tax Credit Coalition (AHTCC) released a new fact sheet outlining how raising the PWI cap […]

22 Republican members of Congress sent a letter to Secretary Scott Turner, urging HUD to renew all existing Continuum of Care (CoC) grants expiring in 2026 for one additional year “to provide a stable bridge as the Department transitions to its next strategic phase.” In the letter, reported by Politico, members:

In a new report, Affordable Abundance, authors Daniel Hornung (Urban Institute) and Aaron Shroyer (Brookings Institution) discuss why an “abundance-plus-affordability strategy” is necessary to build and preserve affordable rental housing in a financially viable way. In Context: Abundance took liberal politics by storm earlier this year with authors Ezra Klein (The New York Times) and Derek […]

Mr. Francis Cassidy nominated to be Assistant Secretary, FHA Commissioner, Department of Housing and Urban Development  Mr. Joseph Gormley nominated to be President, Government National Mortgage Association (Ginnie Mae), Department of Housing and Urban Development

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 […]