News
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.
Citi Community Capital Brings Hope Through Affordable Housing and Comprehensive Programs
St. Teresa of Calcutta Villa combines 407 LEED certified apartments in downtown San Diego—making it the largest affordable housing tower in the city—with comprehensive services to support long term success for people who are homeless or at risk of becoming homeless.
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.
Nominations for Virginia’s Annual Awards Due June 30
The Virginia Housing Alliance is accepting nominations for its Annual Award through June 30.
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.
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.
HUD Releases Civil Rights Guidance on Marketing and Application Requirements for Subsidized Multifamily Properties
Two new guidance pieces from HUD clarify how certain marketing, rental application processing and waitlist management practices can perpetuate segregation or otherwise discriminate in violation of Title VI of the Civil Rights Act.
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.