Congress

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White House Releases Full FY 2022 Budget Request

Last week, President Joe Biden (D) released the administration’s full fiscal year (FY) 2022 discretionary funding request to Congress. The HUD budget requests $68.7 billion, a $9 billion or 15-percent increase from the 2021 enacted level.

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Senate Banking Committee Advances Todman Nomination

Last week the Senate Committee on Banking, Housing and Urban Affairs favorably reported Adrianne Todman’s nomination to be Deputy Secretary at HUD to the full Senate.

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House Ways and Means Infrastructure Holds Hearing May 19

At 10 a.m. ET on May 19, the House Ways and Means Committee will hold a hearing on Leveraging the Tax Code for Infrastructure Investment.

California

California May Budget Revision

Gov. Gavin Newsom (D) issued his 2021 May Revision for the California budget with a number of provisions.

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Senate Banking Committee Considers Todman’s Nomination

On Tuesday, the Senate Committee on Banking, Housing and Urban Affairs held a nomination hearing for Adrianne Todman to be Deputy Secretary at HUD.

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NH&RA Joins Letter Supporting Todman Nomination

NH&RA joined a letter to the Senate Committee on Banking Housing and Urban Affairs supporting Adrianne Todman’s nomination to be Deputy Secretary at HUD. The letter was led by the ACTION Steering Committee and joined by 17 other federal housing organizations.

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Mark Colón Nominated as CPD Assistant Secretary, Solomon Greene as PD&R Assistant Secretary

President Joe Biden sent the nominations of Mark Colón to be assistant secretary for Community Planning and Development (CPD) and Solomon Jeffrey Greene to be assistant secretary for Policy Development and Research (PD&R) within HUD to the Senate for consideration.

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Green New Deal for Public Housing Reintroduced

The bill would provide $172 billion to retrofit existing housing through the creation of two new grant programs to achieve carbon neutrality in public housing through workforce development and construction.

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AHCIA Introduced in House, Senate

The bill retains most of the provisions from the version that was introduced in the 116th Congress, with two notable exceptions in the bond arena. The minimum four percent rate floor has been removed since it was passed into law in the 2020 year-end bill. The new version of the bill lowers the 50 percent bond-financing threshold to 25 percent.

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AHCIA Introduced in House, Senate

Senators Maria Cantwell (D-WA), Rob Portman (D-OH), Ron Wyden (D-OR) and Todd Young (R-IN) along with Representatives Don Beyer (D-VA), Suzan DelBene (D-WA), Jackie Walorski (R-IN) and Brad Wenstrup (R-OH) introduced the Affordable Housing Credit Improvement Act of 2021 (AHCIA).

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Biden Requests 15 Percent Increase for FY 2022 HUD Funding

Last week, President Joe Biden sent the administration’s fiscal year (FY) 2022 discretionary funding request to Congress. The HUD budget requests $68.7 billion, a $9 billion or 15-percent increase from the 2021 enacted level. The funding request does not include line-by-line program requests, but rather requests for a few key HUD programs. A full budget request is expected later this spring.

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Sens. Klobuchar, Portman, Kaine Introduce Bill to Improve Planning to Increase Affordable Housing Supply

Sens. Amy Klobuchar (D-MN), Rob Portman (R-OH) and Tim Kaine (D-VA) introduced the Housing Supply and Affordability Act to create a new $300 million per year grant program to help localities develop and implement comprehensive housing policy plans.

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