Federal / Agency News

HUD released their 2026 income limits, which take effect May 1 and in the case of decreasing limits, must be implemented by June 15. Go Deeper: Income limits determine eligibility for HUD-assisted programs including public housing, Section 8, Section 202, Section 811, Section 221(d)(3) and Section 236 properties as well as LIHTC properties. By the […]

President Trump is privately raising concerns about build-to-rent provisions in the 21st Century Road to Housing Act. More specifically, he doesn’t support language that would require mega-landlords to sell single-family homes built as long-term rentals after seven years. According to Politico, Trump agreed to hold off on posting his issues on social media while White […]

HUD issued a notice revising the fiscal year 2026 Fair Market Rents (FMRs) for affected areas based on additional survey data reflecting estimated 40th percentile rent levels trended to FY 2026: Revised FMRs are effective May 21, 2026. HUD also released a summary of the most significant concerns and responses from the 21 comments received […]

The USDA issued a final rule to streamline environmental reviews: Effective April 3, the rule consolidates NEPA requirements across USDA agencies, including Rural Development, reducing regulations by 66% and cutting environmental review timelines by up to 80%, potentially accelerating rural housing development. USDA aligned multifamily rental assistance with HUD: USDA’s final rule aligned income and […]

A bipartisan House coalition of 76 lawmakers from the Build America Caucus and Congressional Real Estate Caucus sent a letter urging House leadership to “strip or substantially revise” language targeting large institutional investors in single-family housing in the Senate’s 21st Century ROAD to Housing Act. What They’re Saying: The provision in the housing package “would […]

HUD’s Office of Fair Housing and Equal Opportunity (FHEO) withdrew several guidance documents related to Fair Housing following a review. The rescinded guidance includes the following, with September 17, 2025 as the effective date of withdrawal:

The Office of Multifamily Housing Programs announced the appointment of Bonitta Smith as the Multifamily Southeast Regional Director. With more than 30 years of experience in Multifamily Housing, Bonitta brings a comprehensive perspective shaped by her work across Production, Asset Management, and leadership roles in both the public and private sectors. She served as Acting […]

HUD published a notice regarding the National Standards for the Physical Inspection of Real Estate (NSPIRE) rule published in May 11, 2023, and implementing the property standards and inspection provisions set forth in the “HOME Program Updates and Streamlining” rule published on June 6, 2025.

HUD announced revisions to Attachment I of HOTMA Notice H 2023-10/PIH 2023-07 to require PHAs and Multifamily Housing (MFH) owners to conduct reexaminations when a household adds or removes members, including family members, foster adults or children, and live-in aides, regardless of the effect on the family’s annual adjusted income.

The Treasury Department and IRS released new guidance outlining how states will nominate census tracts for designation as Qualified Opportunity Zones (QOZs). In Context: Opportunity Zones were permanently extended under the One Big Beautiful Bill Act signed into law last summer, with updates that better target investment through expanded rural incentives and a more structured […]

Last week, Senator Kennedy (R-LA) spoke on the Senate floor about increasing housing supply to lower costs. He expressed interest in advancing the 21st Century ROAD to Housing Act and breaking the current stalemate. He also highlighted the Community Development Block Grant (CDBG) program and efforts in Austin, Texas, to boost supply.

Frank Cassidy, Federal Housing Commissioner and Assistant Secretary for Housing at HUD, is taking a leave of absence “for the foreseeable future” due to family matters. A HUD spokesperson confirmed Ginnie Mae President Joseph Gormley will lead the Office of Housing and the Federal Housing Administration “following an orderly handoff.”