News
Curbing the Insurance Spiral Report
Enterprise released a 108-page report titled Curbing the Insurance Spiral: Policy and Practitioner Strategies to Help Stabilize Multifamily Affordable Housing. The report explores the issues driving insurance challenges for housing providers and offers a framework to help solve them, shining light on ways to reduce property and liability policies through partnership and collaboration. Practical guidance […]
HUD Delivers Disaster Aid for Mississippi and Tennessee
HUD Secretary Scott Turner announced the availability of federal disaster assistance to Mississippi and Tennessee to supplement recovery efforts in areas impacted by the severe winter storm from January 23-27, 2026.
HUD Further Extends Energy Efficiency Standards Compliance Deadline
HUD further extended the energy efficiency standards compliance deadline from May 28 to December 31, 2026. The chart below shares which programs are impacted by new deadlines: Go Deeper: See our November 12 edition for the history and list of past extensions, with the most recent being on November 10.
HUD Updates Section 3 Project Thresholds
On February 13, 2026, HUD issued a notice updating the 2020 Section 3 Rule “Enhancing and Streamlining the Implementation of Section 3 Requirements for Creating Economic Opportunities for Low- and Very Low-Income Persons and Eligible Businesses” by establishing new Section 3 project thresholds. The thresholds increased from $200K to $300K for Housing and Community Development […]
Oklahoma Housing Finance Agency Issues Notice for All HOME & NHTF Rental Activity Awardees
The Oklahoma Housing Finance Agency’s (OHFA) Annual Rental Activity Reports for the HOME and NHTF programs are due by February 28, 2026. These reports are required for all contracts for rental activities that were awarded in which the Written Agreement was signed either on or before December 31, 2025. Required Documents These documents can be found in the HOME […]
Oregon Housing and Community Services Funds 208 Affordable Rental Homes
Oregon Housing and Community Services (OHCS) funded the creation and preservation of 208 affordable homes through the Oregon Centralized Application process. The Oregon Housing Stability Council approved funding for five properties located in Portland, Hillsboro, and Phoenix. These developments will serve a diverse range of people, including wildfire survivors, communities of color, and older adults. One of these is […]
New York State Homes and Community Renewal Announces Risk Reduction and Insurance Affordability Pilot Program
New York State Homes and Community Renewal (HCR) announced that Urban Homesteading Assistance Board and Housing Partnership Network were selected to administer its Risk Reduction and Insurance Affordability pilot program, which will help non-profit housing providers reduce costs by joining insurance captives. The two groups will work directly with non-profit affordable housing providers across the state to assess the risk profile […]
FHFA Repeals GSE Fair Housing, Fair Lending, and Equitable Housing Finance Plan Requirements
FHFA issued a final rule repealing its May 2024 Fair Lending, Fair Housing, and Equitable Housing Finance Plans regulation, which required Fannie Mae and Freddie Mac (the Enterprises) to publish equitable housing finance plans. FHFA states the previous rule was unnecessary because the Enterprises are already subject to fair housing laws and maintains the plans […]
FY26 Income Limits Release Delayed By One Month
HUD announced FY 2026 income limits will be released May 1, a month later than previously expected. A recent Notes from Novogradac blog post provides insight on what to expect with the FY 2026 rent and income limits.
HUD Publishes FY 2026 OCAFs
The Office of Multifamily Housing Programs published Notice of Certain Operating Cost Adjustment Factors for 2026 in the Federal Register, establishing operating cost adjustment factors (OCAFs) for Section 8 project-based rental assistance contracts with a contract anniversary date on or after February 11, 2026. HUD is soliciting comments about the methodology and data sources used to determine the OCAF as described […]
Building a Solid Foundation: Restoring Trust and Transparency in Public Housing Agencies
The House Financial Services Subcommittee on Oversight & Investigations held an oversight hearing examining the operations and oversight of public housing agencies (PHAs). Republicans emphasized the lack of oversight and misuse of funds appropriated by Congress, while Democrats highlighted unsafe living conditions for tenants, chronic underfunding of public housing programs, and the impact of HUD […]
House Passes Housing for the 21st Century Act
The House approved the Housing for the 21st Century Act with strong bipartisan support (390–9). The bill includes many provisions supported by NH&RA: What They’re Saying: House Republican and Committee on Financial Services leadership released statements celebrating passage. Chair of the Housing and Insurance Subcommittee, Mike Flood (R-NE), also shared a video on LinkedIn. What’s […]