News

General News

HOME 2.0: Modern Solutions to the Housing Shortage Hearing

The House Financial Service’s Subcommittee on Housing and Insurance held a hearing for the HOME Reform Act of 2025, a bipartisan proposal to modernize the HOME Investment Partnerships Program for the first time since 1992.

New Hampshire

New Hampshire Housing HOTMA Forms Updated on MFH Drafting Table 

The Office of Multifamily Housing Programs (MFH) published updated Housing Opportunity Through Modernization Act of 2016 (HOTMA) related forms to the Drafting Table to ensure stakeholders have adequate time to consider and offer comments on proposed changes to these forms. 

Treasury

Luke Petit Confirmed as Assistant Secretary at US Treasury

The U.S. Senate confirmed Luke Petit as assistant secretary of Financial Institutions at the U.S. Treasury, 69-30.

HUD

HUD Establishes 2025 Timelines for Year-End RAD Closings

HUD published a memo establishing deadlines for action items for CY 2025 year-end closings of Rental Assistance Demonstration (RAD) transactions, including conversions under the RAD for Public Housing and RAD for Project-Based Rental Assistance Contracts components.

General News

HOME Reform Act Introduced

The HOME Reform Act of 2025 proposes key updates to the Federal HOME Investment Partnerships Program, aimed at making project delivery faster, simpler, and more flexible.

house-of-representatives-seal

House Advances FY26 HUD Appropriations

The House Appropriations Subcommittee on Transportation, Housing, and Urban Development (THUD) and Related Agencies held a markup on Monday night to discuss their FY 2026 spending bill.

Delaware

Delaware Extends Historic Tax Credit Program Through 2031 Under New Legislation 

Delaware Gov. Matt Meyer signed legislation to extend the State Historic Tax Credit through 2031. S.B. 200 authorizes the State HTC, which has an $8 million annual statewide cap, through 2031.

Maine

Maine Doubles Historic Tax Credit Cap for First Two Years Under New Law 

Maine Gov. Janet Mills approved a bill that increases the State’s Historic Rehabilitation Tax Credit annual project cap as of Jan. 1, 2025.

Kentucky

Kentucky Housing Corporation 2025 Tax-Exempt Bond Only NOFA Application Now Open 

Kentucky Housing Corporation (KHC) announced that the application for the 2025 Notice of Funding Availability (NOFA) for Tax-Exempt Bonds (TEB) Only is now open.

General News

National Housing Crisis Task Force’s State and Local Housing Action Plan Details Arsenal, Next Steps

The National Housing Crisis Task Force released a State and Local Housing Action Plan detailing specific tools in the following categories that state and local governments have at their disposal to address the housing crisis.

Presidential Seal

President Trump Signs Largest Expansion of LIHTC

On July 4, President Donald Trump signed the One Big Beautiful Bill Act (H.R. 1) into law.

New Hampshire

New Hampshire Housing Updates Multifamily Housing Fee Schedule 

New Hampshire Housing has updated the Multifamily Housing Fee Schedule for the calendar year 2025. New Hampshire Housing is implementing a new fee policy related to owner-requested management agent changes, document review, consent, and modification requests.

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