Federal / Agency News
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 […]
The Impact of Resident Services on Property Financial Performance Report
Stewards of Affordable Housing for the Future (SAHF) released new findings from Abt Global’s research, The Impact of Resident Services on Property Financial Performance, showing that service‑enriched properties generate 26 percent higher Net Operating Income (NOI) – nearly $1,200 more per unit annually – than comparable properties without resident services. Leadership Update: The Board of […]
America’s Rental Housing 2026 Report
Harvard Joint Center for Housing Studies released the America’s Rental Housing 2026 report with interactive maps, data, and other resources. Key facts include:
21st Century ROAD to Housing Act Passes the Senate
The 21st Century ROAD to Housing Act passed the Senate last Thursday (89-10) with Senator Brian Schatz (D-HI) as the only Democrat to vote against the legislation. What They’re Saying: Senator Schatz said during his floor speech about Build-to-Rent provisions, “We have decided, for no particular reason other than what I think is a drafting […]
President Trump Signs Housing Executive Orders
Last week, President Trump signed two housing-related Executive Orders (EO) Removing Regulatory Barriers to Affordable Home Construction and Promoting Access to Mortgage Credit. Yes, but: While both EOs are primarily focused on single-family homeownership, they signal a policy shift toward supply-side deregulation and expanded credit availability. Key Items from the Removing Regulatory Barriers to Affordable […]
Biden-Era Affordable Housing Energy Standards Voided by Judge
US District Judge Jeremy Kernodle for the Eastern District of Texas ruled last week to stop HUD and the Department of Agriculture (USDA) from implementing the 2021 International Energy Conservation Code (IECC) and the 2019 ASHRAE 90.1 standard on certain single-family and multifamily housing programs. The court held that under the Cranston-Gonzalez Act the agencies […]
National Shortage of 7.2 Million Affordable Homes for ELI Renters
The National Low Income Housing Coalition (NLIHC) released its annual report, The Gap: A Shortage of Affordable Homes, finding that extremely low-income renters (30% AMI and below) face a shortage of 7.2 million affordable and available rental homes throughout the US. By the numbers: