The Michigan State Housing Development Authority (MSHDA) allocated more than $16.3 million in federal 9% Low-Income Housing Tax Credits (LIHTC) to support the creation and preservation of over 700 housing units spanning across 14 projects in nine Michigan communities. “By leveraging public-private partnerships, we’re not only addressing housing affordability, but we’re also boosting local economies […]
Based on comments or requests received regarding the current Design and Architectural Standards (DAS), OHFA has published updated 2026 Design and Architectural Standards FAQs. These answers clarify and modify the DAS during calendar year 2026. Any questions that remain relevant from 2025 are incorporated and updated into this new set of FAQs. The FAQs are […]
New Hampshire Housing has made important changes to the Housing Opportunity Through Modernization Act (HOTMA) implementation date for all properties. Read the notice here. Questions: Please contact the property’s Asset Manager. New Hampshire Housing Asset Management Team (603) 472-8623 [email protected]
Virginia Housing announced 14 communities that will receive funding through the Workforce Housing Investment Program. More than $15 million in loans, loan subsidies and grants will support 14 developments that are in close proximity to new or expanding businesses and available to people making between 80%-120% of the Area Median Income (AMI), or up to 150% […]
Federal Housing Finance Agency (FHFA) issued a final rule on the housing goals for Fannie Mae and Freddie Mac for 2026 through 2028 as required by the Federal Housing Enterprises Financial Safety and Soundness Act of 1992. The benchmark levels for the multifamily housing goals and subgoal for 2026-2028 remain unchanged from the current 2025-2027 […]
The District of Columbia Housing Finance Agency (DCHFA) is ending the year by financing two new developments. Benning Road Metro Apartments (BRMA) in Ward 7 and Hillsdale Flats in Ward 8. BRMA will bring 109 units to the Benning neighborhood of Northeast Washington, D.C. and Hillsdale Flats will produce 90 units into the Southeast neighborhood […]
HUD Office of Inspector General (OIG) issued its Semiannual Report to Congress for April 1 – September 30, 2025. By the numbers: HUD successfully resolved 214 open recommendations bringing the total open recommendations down to 547. The report focuses oversight on HUD’s Top Management Challenges: Why This Matters: We expect these findings to be discussed […]
Congress has just 23 days to either pass the remaining appropriations bills or approve another continuing resolution (CR) before the current CR expires on January 30. Go Deeper: Of the 12 appropriations bills, Congress has passed and funded three bills and according to Politico, is actively negotiating three other bills. HUD is not included in […]
Just before the end of the year, the IRS published Revenue Procedure 2026-9 including 2025 national pool allocations for the Housing Credit carryover amounts. By the numbers: 25 states will receive a total of $13,100,588 in Housing Credit authority. Rule Change: Normally, state Housing Credit allocating agencies must allocate national pool credits before the end of the […]
On December 17, 2025, HUD’s Office of Public and Indian Housing (PIH) issued a notice implementing the Full-Year Continuing Appropriations and Extensions Act, 2025, which provides a $25 million set-aside for assistance to PHAs experiencing, or are at risk of, financial shortfalls. This notice also explains eligibility requirements, application processes, and other participation requirements to […]
On December 9, 2025, HUD published the FY 2025 Choice Neighborhoods Implementation (CNI) grants Notice of Funding Opportunity (NOFO). Applications are due March 9, 2026.
On December 8, HUD issued a final rule [90 FR 56683] intended to make clarifying amendments and correct technical errors within the Housing Opportunity Through Modernization Act of 2016 (HOTMA) final rule previously published on May 7, 2024. This rule is effective January 7, 2026. On December 17, HUD issued a notice extending the compliance […]