HUD

President Obama on Friday signed into law the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010. The House last week passed the bill by a vote of 277-148. The Senate approved the bill on December 15 by a vote of 81-19.

The U.S. Department of Housing and Urban Development recently issued a request for public comment regarding the manner in which HUD calculates the trend factor used in the Fair Market Rent (FMR) estimates.

FHA Commissioner David H. Stevens has announced that he will be leaving HUD in mid-April.

The U.S. Department of Housing and Urban Development’s Office of Policy Development & Research recently released a new study entitled, “Regulatory Barriers to Manufactured Housing Placement in Urban Communities,” prepared by the Center for Housing Research in Blacksburg, VA.

The U.S. Department of Housing and Urban Development recently released policies and procedures for evaluating owners’ requests for deferred repayment of Operating Assistance Flexible Subsidy Loans.

The U.S. Department of Housing and Urban Development, in an effort to evaluate its existing regulations, is soliciting public comments to assist in analyzing existing significant regulations to determine whether they should be modified, streamlined, expanded, or repealed.

The U.S. Department of Housing and Urban Development (HUD) recently issued a public notice adjusting the basic statutory mortgage limits for multifamily housing programs for calendar year 2011.

The U.S. Department of Housing and Urban Development has released a new report designed to produce an index for every census tract and block group in the United States and Puerto Rico that identifies each tract’s and block group’s potential opportunity for Housing Choice Voucher (HCV) holders seeking housing.

The U.S. Department of Housing and Urban Development has released its U.S. Housing Market Conditions Report for the fourth quarter of 2010.

Congresswoman Maxine Waters (D-Calif.) has reintroduced her Choice Neighborhoods Initiative (CNI) authorizing legislation from the 111th Congress.

President Obama has named Barbara Fields as the New England regional administrator for HUD.

After four days of debate on the House floor, the U.S. House of Representatives passed a comprehensive 2011 spending bill (HR 1) that would trim more than $60 billion off the government’s budget. The U. S. Senate majority Democrats remain at odds with the Republican controlled House of Representatives over the spending bill and are seeking much more modest spending cuts. President Obama has vowed to veto the measure if it reaches his desk in its current form. The current continuing resolution expires on March 4.