News

Treasury

CDFI Fund Launches Equitable Recovery Program

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2022 funding round for the CDFI Equitable Recovery Program (CDFI ERP).

HUD

GAO Report Highlights 11 Priority Open Recommendations for HUD

A new Government Accountability Office report outlines 11 priority open recommendations for HUD as of June 2022.

house-of-representatives-seal

House Appropriators Advance RD FY 2023 Funding

Last week, the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Subcommittee approved by voice vote its fiscal year 2023 funding bill.

HUD

HUD Updates CPD Income Eligibility Calculator

HUD recently updated its CPD Income Eligibility Calculator to include enhanced functionality and the Fiscal Year (FY) 2022 Income Limits.

General News

Housing Perspectives: Short-Term Benefits of Emergency Rental Assistance Extend Beyond Housing

Since it was enacted at the end of 2020, the Federal Emergency Rental Assistance (ERA) program has helped millions of renters get caught up on rent payments.

Federal Housing Finance Agency

FHFA Releases Annual Report to Congress

The Federal Housing Finance Agency (FHFA) released its 2021 Report to Congress.

New York

New York Mayor Release Housing Plan

Mayor Eric Adams (D) released his housing plan, which included in one plan NYCHA, homelessness, affordable housing production, health and safety, and reducing administrative burdens.

Federal Housing Finance Agency

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

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-of-representatives-seal

House Schedules FY 2023 Appropriations Markups

The House Committee on Appropriations is beginning the FY 2023 markup process.

Member News

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

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.

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