News

Shutdown Continues As Courts Deal with Agency RIFs

The Senate failed to pass a continuing resolution (CR) to fund and reopen the federal government for the eleventh time on Monday, extending the government shutdown into a fourth week.  Last Wednesday, Judge Susan Illston of the U.S. District Court for the Northern District of California, issued a temporary restraining order (TRO) to block layoffs […]

house-of-representatives-seal

HOME Reform Act Introduced

Chair Mike Flood (R-NE) and Ranking Member Emanuel Cleaver (D-MO) of the House Financial Services Committee’s Housing and Insurance Subcommittee introduced the HOME Reform Act of 2025 yesterday. The bill text is the same as the draft released during the HOME 2.0 Hearing, with the exception of raising the Davis-Bacon threshold from 12 to 24 […]

HUD

Advocacy Needed on PSH/CoC Funds

The Continuum of Care (CoC) Program is the largest source of funds for homeless assistance in the country and proposed changes could lead to dramatic cuts. Go Deeper: What’s Next: If you use CoC funds and/or are concerned about this change in funding, please reach out to your Congressional members’ housing staff to voice your […]

Ohio

Ohio HFA Releases First Draft of 2026 Multifamily Bond Financing Guidelines. Comments due Monday, November 17 

The first draft of the 2026 Multifamily Bond Financing Guidelines can be found on the Ohio Housing Finance Agency’s (OHFA’s) website.  OHFA will accept comments on the draft through  Monday, November 17, 2025 at 5:00 p.m. EST.  Comments may be submitted in writing to [email protected]

California

California Tax Credit Allocation Committee Publishes Draft 2026 Opportunity Area Map and Neighborhood Change Map

The California Tax Credit Allocation Committee released its draft 2026 CTCAC/HCD Opportunity Area Map and Neighborhood Change Map and has published it to the CTCAC website here.

New York

New York Governor Hochul Signs Legislative Package to Bolster Homeownership and Strengthen Protections for Renters 

Governor Kathy Hochul signed a legislative package to bolster homeownership and strengthen protections for renters. This furthers her five-year affordable housing plan to create or preserve 100,000 homes, the largest such plan in New York’s history.   The homeowner package will make homeownership more attainable through tax incentives and strengthens laws and policies to combat […]

QAP Connecticut

Connecticut HFA Announces 2026 9% Low-Income Housing Tax Credit Due Dates & Info Session 

The Connecticut Housing Finance Authority announced important dates for the 2026 competitive 9% Low-Income Housing Tax Credit (LIHTC) Round.  Additionally, CHFA will be holding a live webinar on October 27 at 2 PM EST with full details on changes to the QAP, the 2026 9% LIHTC Round process, requirements, and helpful hints.  

New States with 25 Percent Test Policies

NH&RA continues to update our state map and tracker of new 25 percent financed-by bond test policies. Several states have updates: The Affordable Housing Tax Credit Coalition released recommended practices for 25 percent test implementation, offering guidance to state and local housing finance and bond allocating agencies. Recommendations include:

IRS

IRS Releases 2026 Per Capita Multipliers for PAB, LIHTC

The IRS released new 2026 per capita multipliers for private activity bonds and LIHTCs. What’s Next:

HUD

Trainor Confirmed as Assistant Secretary of HUD

Craig Trainor was confirmed by the Senate as Assistant Secretary for Fair Housing and Equal Opportunity (FHEO) at HUD. Go Deeper: A recently passed rules change allows confirmation of nominees to be done “en bloc consideration.” Trainor was confirmed along with 111 other nominees. Trainor’s background can be found in our June 18 edition along […]

HUD

Hundreds of HUD Staff Issued RIFs as Government Shutdown Continues

As the government shutdown enters its third week, Office of Management and Budget (OMB) Director Russ Vought posted on X “The RIFS have begun.”

senate-seal

Senate Passes ROAD to Housing Act as Part of Defense Bill

The Renewing Opportunity in the American Dream (ROAD) to Housing Act passed the Senate as a manager’s amendment to the 2026 National Defense Authorization Act (NDAA) with a vote of 77-20. Some key measures, summarized in our July 30 edition, include: What They’re Saying: Senator Tim Scott (R-SC), Chair of Senate Banking, Housing, and Urban […]

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