Overall, this year’s CPD budget represents a 2% increase in allocation over 2016.
HUD’s recent Federal Register Notice announces the release of 2017 Renewal Funding Inflation Factors (RFIFs) used for allocating Housing Choice Vouchers funds to PHAs.
The Senate Committee on Banking, Housing, & Urban Affairs will meet in open session to conduct a hearing for the Chairman of the Council of Economic Advisers and for the Deputy Secretary of Housing and Urban Development.
Mr. Compton currently serves as leader of Bradley Arant Boult Cummings LLP’s Affordable Housing and Community Development practice out of the Birmingham office.
HUD is seeking public comment on these changes, due by June 26, 2017.
HUD has published in the Federal Register the Annual Indexing of Basic Statutory Mortgage; Limits for Multifamily Housing Programs.
The significantly reduced budget maintains all existing vouchers (HUD’s largest expense) by increasing expenses for tenants and placing a freeze on rent adjustment increases for PBRA, Section 202, and Section 811, among other strategies.
A copy of a recent internal-draft of President Trump’s FY-18 Budget was obtained by POLITICO and several advocacy organizations. The document, dated May 4, proposes significant cuts to the HUD Budget. The expanded document reflects many of the priorities outlined in the “Skinny Budget” released earlier this year by the Trump Administration, though readers should […]
Under Executive Order 13777, a directive to reduce unnecessary regulations, HUD is seeking public comment on how it can streamline existing regulations.
HUD Director for the Office of Recapitalization Tom Davis has been chosen as a finalist for the Management Excellence Medal.
Adolfo Marzol has been appointed as a Senior Advisor at HUD, David Kautter has been nominated for the position of assistant secretary for tax policy within the Treasury Department, and Brian Montgomery has surfaced as President Trump’s likely nomination to head the Federal Housing Administration.
Patenaude currently serves as president of the J. Ronald Terwilliger Foundation for America’s Families.