Federal / Agency News
FHFA Releases Annual Report to Congress
The Federal Housing Finance Agency (FHFA) released its 2021 Report to Congress.
FHFA Releases Equitable Housing Finance Plans
The Federal Housing Finance Agency (FHFA) published Equitable Housing Finance Plans from Fannie Mae and Freddie Mac for 2022-2024.
HUD Publishes Updates to Seven NSPIRE Standards
HUD recently published seven updated standards for properties participating in the National Standards for the Physical Inspection of Real Estate (NSPIRE) Demonstration:
House Schedules FY 2023 Appropriations Markups
The House Committee on Appropriations is beginning the FY 2023 markup process.
HUD to Hold Innovative Housing Showcase
HUD will host the Innovative Housing Showcase on the National Mall in Washington, DC June 10 to 12.
FHA Temporarily Implements Direct-to-Firm Commitment Process
HUD’s Office of Production issued temporary, three-month guidance implementing a procedural change to its underwriting queue to improve process efficiency.
RAD End of Year Closing Deadlines RAD End of Year Closing Deadlines
HUD’s Office of Recapitalization recently released timelines for year-end closings of Rental Assistance Demonstration (RAD) transactions.
HUD Launches Our Way Home Initiative
Today, Secretary Marcia Fudge launched Our Way Home, a HUD-led effort to address the nation’s housing supply challenges.
Sandra Thompson Confirmed as FHFA Director
Last week the Senate voted 49-46 to confirm Sandra Thompson as director of the Federal Housing Finance Agency (FHFA).
USDA Releases Housing Preservation Grants RFA
The U.S. Department of Agriculture (USDA) released the Fiscal Year 2022 Request for Applications (RFA) for its Section 533 Housing Preservation Grant, which funds the repair or rehabilitation of housing owned or occupied by low- and very-low-income rural citizens.
HUD Publishes Section 8 2022 Renewal Funding Inflation Factors for PHAs
HUD’s recent Federal Register Notice announced the release of 2022 Renewal Funding Inflation Factors (RFIFs) used for allocating Housing Choice Vouchers funds to PHAs.
Bipartisan Group of Lawmakers Call for Expedited Final Rule on Income Averaging
Last week, a bipartisan group of lawmakers sent a letter to the Department of Treasury and Internal Revenue Service urging the expedited release of a final rule on income averaging under the LIHTC program.