Budget reconciliation negotiations remain ongoing with a deadline of October 31. Advocacy is needed specifically from Senators and Representatives to leadership (Speaker Nancy Pelosi (D-CA) and Senator Majority Leader Chuck Schumer (D-NY)) and to the National Economic Council at The White House.
Read MoreThe Senate Committee on Banking, Housing and Urban Affairs held a hearing on October 26 to consider the nomination of Elizabeth de Leon Bhargava to be an assistant secretary for Administration at HUD.
Read MoreThe National Low Income Housing Coalition and the Public and Affordable Housing Research Corporation released the 2021 edition of Picture of Preservation.
Read MoreThe Office of Asset Management and Portfolio Oversight has made revisions to the Housing Assistance Payment (HAP) Assignment form in order to clarify the roles of the various signatories in the HAP Assignment process.
Read MoreRepresentative David Price (D-NC) announced that he will not seek reelection in 2022. Rep. Price has served as a longtime chairman of the Subcommittee on Transportation, Housing and Urban Development, and Related Agencies of the House Appropriations Committee.
Read MoreSenate Appropriations Committee Chairman Patrick Leahy (D-VT) released the committee’s nine remaining Fiscal Year 2022 (FY22) appropriations bills, which include proposed FY22 spending bills for HUD and Treasury.
Read MoreThe Federal Deposit Insurance Corporation and Office of Comptroller of the Currency recently released ratings for banks recently evaluated under the Community Reinvestment Act.
Read MoreThe Federal Housing Finance Agency announced the multifamily loan acquisition volume caps for the GSEs in 2022.
Read MoreThe Federal Deposit Insurance Corporation is standing up the Mission-Driven Bank Fund to help mission-driven banks, FDIC-insured minority depository institutions and Community Development Financial Institutions, that support low- and moderate-income, minority and rural communities.
Read MoreRevenue Procedure 2021-44 from the Internal Revenue Service (IRS) allocates nearly $7.8 million–the largest amount in 26 years–of unused LIHTCs to 29 states. $7,797,915 in unused credits will be allocated to states, ranging from $30,789 for South Dakota to $1,357,757 for California.
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