News
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. […]
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 […]
HUD Announces $3 Million to Speed Up Housing Permitting
HUD’s Office of Policy Development and Research (PD&R), announced a new funding opportunity, offering up to $3 million for jurisdictions that will deploy automated building code permitting systems and partner with HUD to evaluate their applicability and effectiveness within real-world operating conditions. In Context: This funding opportunity follows the release of the the State and Local […]
HUD Streamlines Environmental Review for Large Multifamily Projects
HUD issued an interim final rule, eliminating the requirement for large multifamily projects (200+ units) to submit environmental reviews to Field Environmental Clearance Office (FECO) or Program Environmental Clearance Office (PECO). The agency cites reduced processing delays and duplication, noting the step can slow projects with tight closing timelines despite existing technical assistance. Why This Matters: […]
HUD Releases New CoC NOFO
HUD announced a new $4.04 billion Notice of Funding Opportunity (NOFO) through the Continuum of Care (CoC) homelessness assistance program. What They’re Saying: Secretary Scott Turner stated upon release: “The ‘housing first’ experiment failed Americans by warehousing the vulnerable without results. This ideology promised to end homelessness. Instead, billions of taxpayer dollars were spent while […]
Annual Homelessness Report and 2025 Point in Time Count Released
HUD released Part 1 of the Annual Homelessness Report for 2025 on Friday, ending a monthslong battle over the delayed report. By the Numbers: What They’re Saying: Ann Oliva, CEO of the National Alliance to End Homelessness, celebrated the results, but warned that anti-homelessness efforts are still insufficient: “These reductions are a relief, but make […]
House Appropriations Full Committee T-HUD Markup
The full House Appropriations Committee will meet today at 11 am to markup the Fiscal Year 2027 Transportation, Housing and Urban Development, and Related Agencies (T-HUD) bill. You can watch the livestream on YouTube. Go Deeper: Read our coverage of the subcommittee’s markup from last week’s edition.
Proposed Rule Impacting $1 Trillion in Federal Financial Assistance
A proposed rule, issued by Office of Management and Budget (OMB) and more than 40 agencies (including HUD), would revise government-wide policies and requirements related to Federal Financial Assistance, including grants, cooperative agreements, and other forms of assistance. What are the Proposed Changes? By the Numbers: The proposed rule could impact up to $1 trillion […]
North Dakota Division of Community Services Opens FY2026 Community Development Block Grant Pre-Application
The North Dakota Department of Commerce Division of Community Services (NDDCS) opened a pre-application period for the Community Development Block Grant (CDBG) FY2026 through July 24, 2026. Pre-applications must be received by 5pm CT on July 24, 2026, to be considered for funding. Pre-applications will be reviewed based on the scoring criteria outlined in the 2026 CDBG Program Distribution Statement […]
Oklahoma Housing Finance Agency Requests Input for the 2027 QAP, Public Info Session July 9
The Oklahoma Housing Finance Agency is requesting feedback and comments for the Draft 2027 Qualified Allocation Plan. Input can be provided in any of the following ways: All comments must be received by July 9th at 5 p.m. Following the input session, a final version containing any revisions to the application will be taken to the September 23 Board of Trustees Meeting […]
Colorado Housing and Finance Authority Multifamily Program Compliance Updates
The Colorado Housing and Finance Authority (CHFA) released updates for three multifamily program compliance policies. CHFA Multifamily Program Compliance Manual for Housing Tax Credit and CHFA Multifamily Loan Programs Updated The CHFA Multifamily Program Compliance Manual now includes updated guidance for developments with Housing Tax Credits and/or Multifamily Loan financing through CHFA. Use this version for questions regarding procedures, rules, and regulations. View a full list of all new […]