News
Kentucky Housing Corporation 9% LIHTC Pre-Application Rankings and Deadlines
2027 9% LIHTC Pre-Application Rankings: Kentucky Housing Corporation (KHC) has completed its review of the pre-applications submitted in the 2027 9% Low-Income Housing Tax Credit (LIHTC) funding round. The rankings are published at this link. Please note that these are preliminary rankings and are not an indication of which projects may be selected for funding […]
Michigan State Housing Development Authority Launches Public Survey for Next Statewide Housing Plan
The Michigan State Housing Development Authority (MSHDA) launched a public survey to shape the state’s upcoming statewide housing plan. The survey marks the first statewide public engagement effort in the development of Michigan’s next housing plan. SHP 2.0 will be a collaborative blueprint that will build on the progress of the state’s first housing plan […]
Oklahoma Housing Finance Agency Opens 2027 QAP Comment Period
The Oklahoma Housing Finance Agency has opened the comment period for their 2027 QAP 1st Draft. All comments must be received by July 9th at 5 p.m. Input can be provided in one of the following ways:
Kansas City Unions Propose Pension-Funded Affordable Housing Developments
The Western Missouri and Kansas Laborers-Employers Cooperation and Education Trust (Mo-Kan LECET) is exploring a plan to support affordable housing development in Kansas City by using a coalition of union pension funds to close the gap on underfunded projects. Is there precedence? The proposed pension investment approach has been used across the country to great […]
FHFA Director Bill Pulte Named Acting Director of National Intelligence
President Donald Trump named Bill Pulte, Director of the Federal Housing Finance Agency (FHFA), as Acting Director of National Intelligence on Tuesday, June 2. What They’re Saying: The move draws condemnation from Democrats and Republicans alike: In Context: Pulte’s nomiation has the potential to threaten passage of bipartisan efforts to reform and reauthorize Section 702 […]
Senators Shaheen & McCormick Push HUD for BABA Reforms
Senators Jeanne Shaheen (D-NH) and Dave McCormick (R-PA) sent a bipartisan letter to Secretary Turner urging HUD to make commonsense reforms to the BABA process that will support the new construction and preservation of affordable housing across America. The Senators note that the current BABA waiver system for products that are not produced in sufficient […]
House Passes FY 2027 USDA Funding Bill
The House narrowly passed the FY 2027 Agriculture, Rural Development, FDA, and Related Agencies Appropriations Act (H.R. 8646), by a 213–210 vote. Nearly all Democrats and five Republicans opposed the measure. By the Numbers: While overall USDA funding would decline slightly under the bill, key Rural Housing Service (RHS) multifamily housing programs would largely maintain […]
House Appropriations Committee Advances FY 2027 T-HUD Funding Bill
The House Appropriations Committee approved the Fiscal Year 2027 Transportation, Housing and Urban Development, and Related Agencies (T-HUD) Appropriations Act on June 3 in a marathon session by a vote of 34 to 27, divided along party lines. Go Deeper: The committee approved five minor amendments to the bill, but failed to pass an amendment […]
HUD Releases Updated GRRP Closing Documents
HUD’s Office of Multifamily Housing Programs released 25 revised versions of the GRRP closing documents that incorporate changes made in Housing Notice 2026-01, including new documents for the Comprehensive cohort. List of Revised GRRP Closing Documents: Upcoming Important Dates: Please contact [email protected] with any questions.
Virginia Housing Appoints Nate Shultz as Board Member
Virginia Housing announced Nathan (Nate) Shultz of Alexandria has been named a new board member for the Virginia Housing Board of Commissioners. Shultz is a housing and mortgage finance policy expert and practitioner. In his current role at Potomac Partners LLC, he provides consulting services to a broad array of housing, mortgage finance and policy […]
Vermont Housing Finance Authority Awards $28 Million in Tax Credits for 241 Affordable Apartments
The Vermont Housing Finance Agency (VHFA) Board of Commissioners awarded $28 million in LIHTC funding for 241 apartments. These homes will serve low-income renters in seven communities across the state. Three projects will receive $26 million for paying development costs: Four additional development projects will receive an estimated $1.9 million from a state rental tax credit […]
Iowa Finance Authority Awards $11.3 Million in Federal Housing Tax Credits
The Iowa Finance Authority (IFA) Board of Directors awarded more than $11.3 million in federal housing tax credits to support the construction and rehabilitation of 338 affordable rental homes across nine Iowa communities. The awards will support rental housing developments in Council Bluffs, Des Moines, Greenfield, Ottumwa, Perry, Sioux City, Story City, Urbandale, and Washington. […]