News
Minnesota Housing Shares 2025 Multifamily Consolidated RFP/2026 HTC Round 1 Application Dates
Important dates for the 2025 Multifamily Consolidated RFP/2026 HTC Round 1 are listed below and on the Multifamily Consolidated Request for Proposals/Housing Tax Credit Funding Rounds webpage.
House GOP Urges Caution on Repealing Clean Energy Tax Credits
Clean Energy Tax Credits are being considered for repeal, with the savings used as a pay-for in reconciliation.
Minnesota Housing Updated Multifamily Rent and Income Limits Now Available
HUD published income limits for the Section 8 Program and the Multifamily Tax Subsidy Projects (MTSP) for Housing Tax Credits (HTC) and Tax-Exempt Bond-financed properties.
Back from Recess, Congress Dives into High-Stakes Budget Reconciliation
The House returned from its two-week recess on Monday and is busy with the reconciliation process.
Federal News
DOGE is reviewing NeighborWorks America, a congressionally chartered nonprofit that advances affordable mortgage financing and construction of low-income and workforce housing by providing grants and technical assistance to nearly 250 community development organizations nationally.
HUD updates High Cost Areas, MAP Guide Loan Thresholds
HUD’s Office of Multifamily Housing issued a notice updating two provisions.
Support the Historic Tax Credit Growth and Opportunity Act
Sen. Bill Cassidy (R-LA) and Sen. Mark Warner (D-VA) introduced the Historic Tax Credit Growth and Opportunity Act (S. 1459).
Letter Maintaining Tax-Exempt Bonds Status Sent to House Ways and Means Committee Chairman
Seven Republican members of the House Financial Services Committee, including the Chairman and Vice-Chairman, sent a letter to Rep. Jason Smith (R-MO), Chairman of the House Ways and Means Committee, urging him to maintain the tax-exempt status of municipal bonds as the committee proceeds with the reconciliation process.
HUD’s Next Chapter: New Location, Leaner Team
HUD announced significant changes to its headquarters location and staffing.
Delayed Implementation of HOME Rule Provisions
HUD issued a notice further delaying the effective date for parts of the “HOME Investment Partnerships Program (HOME): Program Updates and Streamlining” final rule from April 20, 2025 to October 30, 2025.
OMB Request for Deregulation Ideas
The Office of Management and Budget (OMB) issued a request for information (RFI) soliciting ideas for deregulation.
Judges Order Release of Climate Funds
U.S. District Judge for DC Tanya Chutkan granted an injunction to the Climate United Fund, Coalition for Green Capital, and Power Forward Communities — nonprofit “green banks,” which received $6.97 billion, $5 billion, and $2 billion, respectively, from the Greenhouse Gas Reduction Fund (GGRF).