Federal / Agency News

The Harvard Joint Center for Housing Studies’ State of the Nation’s Housing 2025 report paints a stark picture of the nation’s worsening affordability crisis.

The Bipartisan Policy Center (BPC) sent a letter to Treasury Secretary Scott Bessent on reforming LIHTC guided by two key principles and divided into administrative and legislative actions.

Before the Senate left for recess, members of the bipartisan Senate CDFI Caucus sent a letter to OMB Director Russell Vought requesting FY 25 funding be deployed to the CDFI Fund.

The House and Senate left DC for summer recess. When both chambers reconvene in September, they’ll need to…

FHFA announced a doubling of the annual cap for Fannie Mae and Freddie Mac in LIHTC developments — from $1 billion each to $2 billion each— totaling $4 billion per year.

Secretary Turner appointed HUD regional administrators for all ten regions.

The Senate Committee on Banking, Housing, and Urban Affairs marked up the Renewing Opportunity in the American Dream (ROAD) to Housing Act, a sweeping, bipartisan housing bill and passed it 24-0 out of committee to the Senate floor.

President Trump signed the Ending Crime and Disorder on America’s Streets executive order, framing homelessness as a “public safety crisis” that prioritizes institutional treatment, civil commitment, and law-enforcement solutions.

The Senate Appropriations Committee signaled strong bipartisanship when they approved the FY 2026 THUD appropriations bill, 27-1.

On July 17, the House Appropriations Committee approved its FY 2026 Transportation, Housing and Urban Development (THUD) spending bill on a party-line vote (35–28).

The House Financial Service’s Subcommittee on Housing and Insurance held a hearing for the HOME Reform Act of 2025, a bipartisan proposal to modernize the HOME Investment Partnerships Program for the first time since 1992.

HUD announced the availability of federal disaster assistance for Iowa, Kansas, Nebraska, and Missouri.