Federal / Agency News

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.”

NH&RA is working hard on Capitol Hill advocating for BABA exemptions and waiver relief. Please continue reaching out to your members of Congress to ask for their support, especially if they are a member of the House or Senate THUD Appropriations Committees. Call To Action: NH&RA and our partners are still compiling a list of […]

NH&RA and our partners are compiling a list of items and materials that are difficult to source domestically as we work on BABA waiver relief. Call To Action: Help us make our list of specific items and materials that are difficult or expensive to source. You can use this spreadsheet template or send your own […]

The House and Senate have not made any progress in reconciling their differing versions of 21st Century Road to Housing Act. What’s the holdup? Provisions targeting bans on central bank digital currency and large housing investors are stalling the bill’s passage. Industry leaders warn that restrictions on build-to-rent investments could freeze capital and deepen the […]

House Appropriations Committee Chairman Tom Cole (R-OK) released the markup schedule for Fiscal Year 2027 appropriations bills: Thursday, April 23, 2026 Tuesday, April 28, 2026 Thursday, May 21, 2026 Thursday, June 4, 2026

The Internal Revenue Service (IRS) published population figures to calculate each state’s 2026 calendar year (CY) population-based component of the federal LIHTC, the 2026 CY PAB volume cap and the 2026 volume limit. NH&RA members can login to their accounts and see our QAP table with updated figures.

The Office of Management and Budget (OMB) released $289M in FY25 funding for the CDFI Fund after months of delays, allowing funds to move to Treasury for distribution.