Congress
Further Delayed Implementation of HOME Rule Provisions & HOME Reform Act Updates
On October 22, 2025, HUD issued a notice further delaying the effective date of the “HOME Investment Partnerships Program (HOME): Program Updates and Streamlining” final rule from October 30, 2025 to April 30, 2026. On the legislative side, Reps. Mike Flood (R-NE) and Emanuel Cleaver (D-MO) formally received a bill number for the HOME Reform […]
Innovation in U.S. Housing: Solutions and Policies for America’s Future
The Senate Subcommittee on Housing, Transportation, and Community Development held a hearing titled “Innovation in US Housing: Solutions and Policies for America’s Future” to discuss practical strategies to reduce costs, deregulate the industry, and improve building efficiency in affordable housing. Witness testimonies included: Senator Dave McCormick (R-PA) mentioned the importance of LIHTC in the […]
Shutdown Continues As Courts Deal with Agency RIFs
The Senate failed to pass a continuing resolution (CR) to fund and reopen the federal government for the eleventh time on Monday, extending the government shutdown into a fourth week. Last Wednesday, Judge Susan Illston of the U.S. District Court for the Northern District of California, issued a temporary restraining order (TRO) to block layoffs […]
HOME Reform Act Introduced
Chair Mike Flood (R-NE) and Ranking Member Emanuel Cleaver (D-MO) of the House Financial Services Committee’s Housing and Insurance Subcommittee introduced the HOME Reform Act of 2025 yesterday. The bill text is the same as the draft released during the HOME 2.0 Hearing, with the exception of raising the Davis-Bacon threshold from 12 to 24 […]
Advocacy Needed on PSH/CoC Funds
The Continuum of Care (CoC) Program is the largest source of funds for homeless assistance in the country and proposed changes could lead to dramatic cuts. Go Deeper: What’s Next: If you use CoC funds and/or are concerned about this change in funding, please reach out to your Congressional members’ housing staff to voice your […]
Government Shutdown Begins
As of midnight this morning, funding for the federal government officially lapsed with the start of a new fiscal year (FY). Likely to Continue: On Recess: The Senate is on recess for the remainder of this week and the House is out on recess until Tuesday, October 7. Members could be called back earlier if an […]
FEMA Shakeup and Budget Cuts Threaten Disaster Aid and Insurance Rate Stability
Cameron Hamilton, appointed by President Trump as Acting FEMA Administrator, was fired last week
Housing Tax Credit Priorities Secure Spot in Ways and Means Committee’s Reconciliation Package
The House Ways and Means Committee released the tax portion of the reconciliation legislation for the markup hearing on Tuesday, May 13.
FY 2025 Appropriations Update
In the Senate Appropriations Committee, the Transportation, Housing and Urban Development, and Related Agencies subcommittee held a hearing to review the President’s FY 2025 HUD budget request.
Congress Punts FY 2024 Spending to March; January 25 Day of Action
Last week, Congress avoided a shutdown by continuing FY 2024 appropriations to March 1 and 8.
House HUD Oversight Hearing Summary
Last week, the House Financial Services Committee held an Oversight Hearing with HUD Secretary Marcia Fudge. The meeting centered around the rise of housing supply, unaffordability, homelessness and the conditions of public housing.
Tax Agreement Includes Top Two LIHTC Provisions
House Ways and Means Committee Chairman Jason Smith (R-MO) and Senate Finance Committee Chairman Roy Wyden (D-OR) announced a tax agreement, which includes LIHTC provisions to restore the 12.5 percent increase for nine percent LIHTCs for 2023-2025 and lower the bond financed-by test to 30 percent for allocation made in 2024 and 2025.