News

The Senate Banking Housing and Urban Affairs Committee held a nomination hearing to confirm Luke Petit as assistant secretary of Financial Institutions at the Treasury.

HUD launched a new website, which “features about a 90 percent reduction in content from the previous website.”

The ACTION Campaign hosted a LIHTC briefing and reception to build support for the Affordable Housing Credit Improvement Act (AHCIA).

The federal bank regulatory agencies (FDIC, Federal Reserve Board, and OCC) announced their intent to rescind the Community Reinvestment Act (CRA) final rule issued in October 2023.

Don’t miss the opportunity to showcase your work in affordable housing or to nominate another property for its excellence in affordable housing.

Housing New Mexico, in partnership with the New Mexico Department of Finance and Administration, has launched a pilot program to address the shortage of affordable rental properties in the state.

HUD published an updated Community Development Block Grant – Disaster Recovery (CDBG-DR) Universal Notice, streamlining delivery of critical funding for communities impacted by natural disasters.

Secretary Scott Turner (HUD) and Secretary Kristi Noem (Department of Homeland Security) signed an interagency Memoranda of Understanding, “American Housing Programs for American Citizens,” to provide a full-time HUD staff member at the Incident Command Center (ICC).

President Trump’s nominee for Deputy Secretary of HUD, Andrew Hughes, is a Former Secretary Ben Carson loyalist.

Twenty-three members of the Senate CDFI Caucus, signed a letter to Treasury Secretary Scott Bessent to reaffirm their bipartisan support for the Community Development Financial Institutions (CDFI) Fund.

Since his confirmation as director of the Federal Housing Finance Agency (FHFA), Bill Pulte has made sweeping changes.

The Office of Lt. Governor Micah Beckwith and the Indiana Office of Community and Rural Affairs announced four Indiana communities will receive $1,550,000 in Owner Occupied Rehabilitation grants.