HUD announced significant changes to its headquarters location and staffing.
HUD released their income limits for 2025, which determine eligibility for HUD-assisted programs.
Last week, the Senate Banking, Housing, and Urban Affairs Committee held a nomination hearing for Andrew Hughes to be deputy secretary and David Woll to be general counsel at HUD.
The House bill, H.R. 2725, now has 122 cosponsors.
HUD Secretary Scott Turner recognized April as Fair Housing Month, revealing this year’s theme: “Faith, Freedom, & Fair Housing.”
State Legislative Updates
Secretary Scott Turner sent a letter to HUD grantees and stakeholders notifying them of HUD’s implementation of President Trump’s Executive Order, “Ending Taxpayer Subsidization of Open Borders.”
President Donald Trump declared a “national emergency”, announcing reciprocal tariffs for numerous foreign countries in addition to the previously announced 25 percent tariff on lumber and 50 percent tariff on steel and aluminum from Canada and Mexico.
The House Financial Services Committee held a hearing entitled Decades of Dysfunction: Restoring Accountability at HUD on April 8 with HUD Acting Inspector General Stephen Begg.
Early Saturday morning, the Senate passed its budget resolution in a 51-48 vote.
The House reintroduced the Affordable Housing Credit Improvement Act of 2025 (AHCIA) today to strengthen and expand LIHTC.
The Federal Housing Finance Agency (FHFA) rescinded the Biden administration’s multifamily leasing policies that would have placed additional requirements on housing providers with loans from Fannie Mae or Freddie Mac.