Federal / Agency News
NHT Report: Affordable Housing Stabilization Funds
A new report from the National Housing Trust explores promising practices in the design and implementation of stabilization funds that help preserve affordable housing in the near term. The Bottom Line: Stabilization funds are emerging as a critical tool to preserve affordable housing by providing flexible financial support to right size debt, address deferred maintenance, or […]
House FY 2027 Appropriations Member Hearing
The House held a Transportation-Housing and Urban Development and Related Agencies (T-HUD) subcommittee hearing for members to share their FY 2027 Appropriations requests. Four members shared requests: Towards the end of the hearing, Chair Steve Womack (R-AR) made the following statement: “The discussion of housing is affecting every single member in the Congress. It’s a […]
Legislation Exempts NAHASDA from BABA
Representatives Troy Downing (R-MT) and Janelle Bynum (D-OR) and Senators Ben Ray Luján (D-NM), Lisa Murkowski (R-AK), and Brian Schatz (D-HI) introduced the Native American Housing and Self-Determination Modernization Act (NAHASDA) (H.R. 8092/S. 4276). Key provisions of the bill include: Why It Matters: NH&RA is meeting with bill co-sponsors to expand BABA exemptions to other […]
‘A Build America, Buy America law is causing construction delays amid the US housing crisis’
AP News published a national story highlighting how BABA is causing construction delays and bottlenecking affordable housing during our nation’s housing crisis. In Context: Covered in last week’s edition, The Portland Press Herald published an article on how BABA is shutting down affordable housing development in Maine. What They’re Saying: NH&RA’s Managing Director, Kaitlyn Snyder, […]
HUD Updates Multifamily Survey Instructions Reflecting the 2026 ALTA/NSPS Standards
HUD updated its multifamily survey instructions to align with the new 2026 ALTA/NSPS Land Title Survey Standards. The standards apply to all surveys contracted after February 23, 2026. This update is effective immediately. Questions may be directed to Kevin Han. Transition and Implementation Guidance Instructions:
HUD Rescinds Regulatory Waivers to Expedite Admission to the HCV, PBV, and Public Housing Programs
On March 5, HUD rescinded guidance set forth in Notice PIH 2024-17, Streamlined Review Process for Regulatory Waivers to Expedite Admission to the Housing Choice Voucher (HCV), Project-based Voucher (PBV), and Public Housing Programs for Persons Experiencing Homelessness. The recission eliminates waivers related to verification requirements at admission to the HCV, PBV, or public housing […]
HUD Rescinds and Revises COVID-19 Related Notices
Last month, HUD issued an interim final rule eliminating the 30-day eviction notice requirement for nonpayment of rent for PHAs and multifamily owners, with an initial effective date of March 30. Go Deeper: See NH&RA’s write up in our March 4 edition. After a lawsuit filed by the National Housing Law Project and others argued […]
FY27 Appropriations Update
President Trump is expected to release his FY 2027 budget proposal next week. It is anticipated to be similar to last year’s proposal, which zeroed out funding for many HUD programs. The House is getting started on FY 2027 Appropriations with a Transportation-Housing and Urban Development and Related Agencies (T-HUD) subcommittee hearing this morning at […]
A Bumpy 21st Century ROAD to Housing Path
Lawmakers are still searching for a path forward on the 21st Century ROAD to Housing Act. What They’re Saying: Rep. Mike Flood (R-NE), Chair of House Financial Services Housing & Insurance Subcommittee, said in reaction: “Quite frankly, that’s the first time in a while that I’ve seen the Senate kind of acknowledge that this is […]
“Buy America’ rule killing Maine affordable housing, developers say”
The Portland Press Herald published an article on how BABA is shutting down affordable housing development in Maine. By the Numbers: Ten projects that would add more than 400 affordable housing units in Maine are fully permitted and ready to go, but construction cannot begin because BABA waivers are holding up the process. Call to […]
Historic Tax Credit Growth and Opportunity Act
The HTC-GO coalition asks for help educating lawmakers, securing co-sponsors, and positioning the HTC-GO provisions for inclusion in any future tax package. Resources The HTC-GO Fact Sheet summarizes provisions of the bill. Here is the list of current House HTC-GO Cosponsors (H.R. 2941) and current Senate HTC-GO Cosponsors (S. 1451). The HTC State Maps provide […]
HUD Releases Revised Multifamily Rental Project Closing Forms
HUD released revised Multifamily Rental Project Closing Forms (OMB Control No. 2502-0598) set to expire on 12/31/2027, for applicable transactions. Effective Date: The revised Closing Forms will be required for transactions with firm commitments issued on or after April 1, 2026. Transition Period: Transactions with firm commitments issued prior to April 1, 2026, may use […]