News
Biographies for HUD Nominees: FHA Commissioner Cassidy and Ginnie Mae President Gormley
Mr. Francis Cassidy nominated to be Assistant Secretary, FHA Commissioner, Department of Housing and Urban Development Mr. Joseph Gormley nominated to be President, Government National Mortgage Association (Ginnie Mae), Department of Housing and Urban Development
New Report Estimates $169B Public Housing Capital Needs Backlog
The Council of Large Public Housing Authorities (CLPHA) released an interim report, Estimating the Cost to Preserve the Nation’s Public Housing, estimating the nation’s public housing capital needs at $169.1 billion, or $188,090 per unit.
AHIC PSH Underwriting Guidance Released
Affordable Housing Investors Council (AHIC) released a new resource to help investors understand and evaluate Permanent Supportive Housing (PSH). AHIC PSH Underwriting Guidance contains:
Further Delayed Implementation of HOME Rule Provisions & HOME Reform Act Updates
On October 22, 2025, HUD issued a notice further delaying the effective date of the “HOME Investment Partnerships Program (HOME): Program Updates and Streamlining” final rule from October 30, 2025 to April 30, 2026. On the legislative side, Reps. Mike Flood (R-NE) and Emanuel Cleaver (D-MO) formally received a bill number for the HOME Reform […]
IRS Corrects 2026 Per Capita Multiplier
The IRS released new 2026 per capita multipliers for private activity bonds and LIHTCs in early October and we covered the release in our October 15 edition. The IRS updated Revenue Procedure 2025-32 changing the 9% LIHTC multiplier from $3.05 to $3.416. By the numbers: In the past, the IRS has rounded down the multiplier […]
THDA Releases Draft 2026 Multifamily Tax-Exempt Bond Program Description
Tennessee Housing Development Agency (THDA) released their draft 2026 Multifamily Tax-Exempt Bond Program (MTBA). Substantive changes include:
FHLB Dallas awarded $73.5M in Affordable Housing Grants to Create or Rehabilitate 3,777 Units Across Six States
FHLB Dallas awarded $73.5 million in AHP General Fund grants in 2025 to support 53 affordable housing projects through 26 member institutions. The grants will create 3,777 new or rehabilitated housing units. The funds will be dispersed among the following states:
Missouri Housing Public Hearing for Proposed Changes to Qualified Allocation Plan
The Missouri Housing Development Commission (MHDC) is currently soliciting feedback from interested parties regarding proposed changes to MHDC’s Qualified Allocation Plan (QAP). MHDC will host a webinar to detail the proposed revisions to the QAP on Monday, November 3, 2025, at 11:00 a.m. CST. Registration for the webinar is required to participate. Registration for Webinar on Proposed […]
Minnesota Housing Proposed Amendments to the 24-25 Housing Tax Credit QAP and the 26-27 QAP – Public Hearing & Public Comment Period Now Open
Minnesota Housing is proposing amendments to the 2024-2025 Housing Tax Credit (HTC) Qualified Allocation Plan (QAP) and 2026-2027 QAP, including the 2026-2027 Self-Scoring Worksheet. These updates are intended to align with recent changes in federal and state law. Minnesota Housing is also proposing to extend the QAP by one year to be the 2026-2028 QAP so that it is […]
JCHS Reports Two-Thirds of Working-Age Renters Struggle to Afford Basic Needs
The Harvard Joint Center for Housing Studies (JCHS) released a new report that finds 65 percent of working-age renter households in the U.S. cannot afford basic necessities after paying rent.
Innovation in U.S. Housing: Solutions and Policies for America’s Future
The Senate Subcommittee on Housing, Transportation, and Community Development held a hearing titled “Innovation in US Housing: Solutions and Policies for America’s Future” to discuss practical strategies to reduce costs, deregulate the industry, and improve building efficiency in affordable housing. Witness testimonies included: Senator Dave McCormick (R-PA) mentioned the importance of LIHTC in the […]
FHFA Requests Input on New Strategic Plan
The Federal Housing Finance Agency (FHFA) is asking for feedback on its proposed Strategic Plan for FY 2026–2030. The new plan proposes three strategic goals for FHFA: Input is due by November 5, 2025, and should be submitted via this form.