Federal / Agency News

President Trump released a skinny FY26 budget proposal on Friday, outlining significant cuts to key HUD programs.

The committee voted along party lines, 13-11, to confirm Andrew Hughes as deputy secretary of HUD and David Woll as general counsel of HUD.

The House returned from its two-week recess on Monday and is busy with the reconciliation process.

Clean Energy Tax Credits are being considered for repeal, with the savings used as a pay-for in reconciliation.

DOGE is reviewing NeighborWorks America, a congressionally chartered nonprofit that advances affordable mortgage financing and construction of low-income and workforce housing by providing grants and technical assistance to nearly 250 community development organizations nationally.

U.S. District Judge for DC Tanya Chutkan granted an injunction to the Climate United Fund, Coalition for Green Capital, and Power Forward Communities — nonprofit “green banks,” which received $6.97 billion, $5 billion, and $2 billion, respectively, from the Greenhouse Gas Reduction Fund (GGRF). 

The Office of Management and Budget (OMB) issued a request for information (RFI) soliciting ideas for deregulation.

HUD announced significant changes to its headquarters location and staffing.

Seven Republican members of the House Financial Services Committee, including the Chairman and Vice-Chairman, sent a letter to Rep. Jason Smith (R-MO), Chairman of the House Ways and Means Committee, urging him to maintain the tax-exempt status of municipal bonds as the committee proceeds with the reconciliation process.

HUD issued a notice further delaying the effective date for parts of the “HOME Investment Partnerships Program (HOME): Program Updates and Streamlining” final rule from April 20, 2025 to October 30, 2025.

HUD’s Office of Multifamily Housing issued a notice updating two provisions.

The ACTION Campaign is circulating an organizational sign-on letter to urge Members of Congress to support the reintroduced AHCIA.