Federal / Agency News

Applications are now open for the AHTCC 2026 Recognition of Housing Tax Credit Excellence in honor of Charles L. Edson (Edson Awards), celebrating outstanding affordable housing developments and organizations that have demonstrated impactful use of the Low-Income Housing Tax Credit (Housing Credit). Recipients will be recognized at a ceremony in Washington, DC on Wednesday, September 23, […]

The Affordable Housing Investors Council (AHIC) updated its Risk Rating Instructions and Guidelines for LIHTC investments, shifting from a checklist approach to a more flexible, risk-based framework that emphasizes credible mitigants and professional judgment in evaluating investment performance. The revisions aim to improve consistency and defensibility by requiring documented, quantified mitigants to support rating decisions. […]

Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, Senator Elizabeth Warren (D-MA), sent letters to major corporate landlords across the single-family, multifamily, and manufactured housing sectors seeking information on their business practices, including landlord-tenant concerns, and rental housing portfolios.  Why This Matters: These letters signal increased scrutiny of the Build-to-Rent (BTR) industry […]

President Trump released the FY 2027 (FY27) budget request to Congress on Friday, which requested a total of $73.5 billion in HUD funding. While our chart shows many important programs received drastic funding cuts, the budget request includes some new housing related investments: What’s Next: The House and Senate will mark up and release their […]

The Harvard University Joint Center for Housing Studies (JCHS) hosted a webinar featuring research on rising insurance costs for multifamily affordable housing and new limited equity cooperatives.

HUD’s Office of Public and Indian Housing (PIH) issued a notice [PIH 2026-05] which updates the requirements for the Emergency Housing Voucher (EHV) and Stability Voucher (SV) programs. The notice strikes waiver and alternative requirements related to the verification of citizenship or eligible immigration status from previously-issued notices detailing the funding process for the EHV […]

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 […]

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 […]

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 […]

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 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: 

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 […]