News
Delaware Governor Signs Bill into Law to Establish the Affordable Rental Housing Program
Governor Matt Meyer signed Senate Bill 150 which establishes the Affordable Rental Housing Program to provide loans that expand affordable housing for low- and moderate-income families, seniors, and people with disabilities. For more information, click here.
North Carolina Housing Finance Agency Announces 2025 Tax Credit Awards
The North Carolina Housing Finance Agency (NCHFA) released the list of developments across the state that, combined with other key financing, will receive federal tax credits in order to create or preserve affordable housing across North Carolina. The projects selected to receive 9% Housing Credits have a total unit count of 1,503. Approximately 262 of those units are […]
Housing New Mexico Announces New Public Comment Process for Environmental Review Projects
Housing New Mexico announced a new process for gathering public comment on environmental review projects related to federally funded housing and community development projects. Beginning in September, Housing New Mexico will publish environmental review legal notices on its website in compliance with updated U.S. Department of Housing and Urban Development regulations. The move from newspaper-only publication […]
Michigan Governor Whitmer, State Housing Director Highlight Historic Progress Meeting State Housing Goals
Michigan State Housing Development Authority (MSHDA) CEO and Executive Director Amy Hovey joined Governor Gretchen Whitmer to celebrate a major milestone: reaching the governor’s initial five-year housing goal of adding 75,000 new or rehabilitated units more than a year ahead of schedule. In September 2021 as part of her bold MI New Economy Plan, Gov. […]
Gaming Out the GSEs’ Exit from Conservatorship: Process, Policy, and Potential Pitfalls
In May, President Trump reignited the housing finance debate with a Truth Social post announcing his administration is considering ending the 17-year conservatorship of Fannie Mae and Freddie Mac. The potential exit of these two government-sponsored enterprises (GSEs) raises critical questions about the future of the U.S. housing finance system. Join the Bipartisan Policy Center […]
Minnesota 2025 Housing Tax Credit Program Carryover Applications Due Monday, November 3
Minnesota Housing is now accepting applications for a Carryover Allocation of the 2025 Housing Tax Credits. Section 42 of the Internal Revenue Code requires all 9% Housing Tax Credit (HTC) projects to carryover or be placed in service by the end of the HTC year. Projects that received a 2025 reservation of 9% HTCs are […]
Assistant Secretary Nominees Hobbs & Kurtz Confirmation Hearing
The Senate Banking, Housing, and Urban Affairs Committee held a hearing on Thursday, Sept. 4, 2025 at 10 a.m. EST for the nominations of: The hearing was dominated by questions for the nominee for the Board of Governors of the Federal Reserve System, Dr. Stephan Miran, with only brief mentions of housing from Senators Cortez […]
HOME Reform Act Markup Expected in October, BABA Case Studies Needed
Rep. Mike Flood (R-NE), Chair of the House Financial Services Housing and Insurance Subcommittee, announced he hopes to hold an October markup for the HOME Reform Act of 2025, a bipartisan proposal to modernize the HOME Investment Partnerships Program for the first time since 1992. In Context: In late July, Chairman Flood held a hearing for the […]
Sen. Murray and Rep. DeLauro Release $410B Tracker of Frozen, Cancelled, and Terminated Funds
Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, and Congresswoman Rosa DeLauro (D-CT), Ranking Member of the House Appropriations Committee, released an updated tracker detailing at least $410 billion in federal funding being frozen, cancelled, or terminated by the Trump administration. The tracker lists $32.137 billion worth of programs pertaining to affordable […]
MSHDA to Launch Michigan Housing Accelerator Fund
During its August meeting, the Michigan State Housing Development Authority (MSHDA) Board approved the Michigan Housing Accelerator Fund, a new resource to expand affordable housing through investment in the development of mixed-income units. The Michigan Housing Accelerator Fund will provide financing options to assist in the development of mixed-income projects by bridging financing gaps through […]
Minnesota Housing Approves $123 Million in Rental Assistance Grants
The Minnesota Housing board of directors approved more than $123 million in rental assistance for low-income families throughout Minnesota. Fifty local, regional and Tribal administrators will receive two-year grants to provide direct assistance to eligible families. Bring It Home Rental Assistance was one of several programs created during the 2023 legislative session to address affordable […]
MD Governor Signs Housing Executive Order
Governor Wes Moore signed an executive order to increase housing production across the state. Why It Matters: This executive order is part of a plan to address Maryland’s 96,000 unit housing shortage across the state.