Federal / Agency News
Treasury Analysis Shows SLFRF Supported Nearly 2,500 Housing Projects
The U.S. Department of the Treasury recently released an analysis that examines how state, local, territorial and Tribal governments have used their allocated grants under the State and Local Fiscal Recovery Funds (SLFRF) Program.
City of LA Hosts Executive Directive Webinar on July 27
The Office of Mayor Karen Bass and the City of Los Angeles’ development departments announced an informational webinar to discuss Executive Directive No. 1 – “Expedition of Permits and Clearances for Temporary Shelters and Affordable Housing Types.” scheduled on July 27 at 1:00 p.m. ET
Tennessee Housing Development Agency Board Meeting on July 25
The Tennessee Housing Development Agency (THDA) will hold a Board meeting on July 25 to discuss preliminary changes to the QAP.
New Mexico’s Enery$mart Multifamily Weatherization Assistance Program
New Mexico Mortgage Finance Authority announced their Energy$mart Multifamily Weatherization Assistance Program.
Fannie Mae Releases ESG 2022 Report
Fannie Mae released its second annual Environmental, Social and Governance (ESG) report, which highlights its efforts to help homeowners, buyers and renters; support the transition to greener buildings; and foster an engaged and inclusive workforce.
HFSC Holds July 14 Hearing: How Mandates Like ESG Distort Markets and Drive Up Costs for Insurance and Housing
The Housing and Insurance subcommittee of the House Financial Services Committee will hold a hearing at 9 a.m. ET on July 14 entitled “How Mandates Like ESG Distort Markets and Drive Up Costs for Insurance and Housing.”
North Dakota CDBG Pre-Application
The North Dakota Department of Commerce Division of Community Services (NDDCS) announced the opening of a pre-application period for the CDBG FY2023, which ends on July 27
HUD Creates Office of Manufactured Housing Programs within Office of Housing
HUD created a new Office of Manufactured Housing Programs as an independent office within the Federal Housing Administration.
HUD Releases Increasing the Supply of Affordable Housing Tool
HUD announced the Increasing the Supply of Affordable Housing page on the HUD Exchange.
Biden-Harris Administration Promotes Equitable Community Development
Last year, the Biden-Harris administration launched the Interagency Community Investment Committee (ICIC), a coalition of agencies with a focus on aligning federal investments to support economic growth in historically underserved communities and address economic disparities.
FHA Multifamily Mortgages up to $120 Million Now Eligible for Standard Underwriting
The Federal Housing Administration (FHA) published a Mortgagee Letter that increases the threshold at which a multifamily loan is considered a large loan from $75 to $120 million.
Ranking Member Waters Proposes Billions to Expand Low-Income Housing
Last week, Representative Maxine Waters (D-CA) introduced a package of three bills aimed at tackling the affordable housing crisis, ending homelessness and eliminating the racial wealth and homeownership gaps.