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Housing Finance

The latest information on funding availability for HUD-subsidized Section 202 housing. This section also provides updates and information on regulatory guidance and legislative advocacy around housing finance, refinancing and preservation.

We've featured some articles below, but be sure to check out all of our affordable housing content.

 

Featured Content

Section 202 Demo Rescinded and NHTF Money Eliminated by House Appropriations Committee

The U.S. House Appropriations Committee passed the FY16 Transportation, Housing and Urban Development (THUD) funding bill on May 13. Make your voice heard by Contacting Congress on the THUD bill.

National Housing Trust Fund Rules Finalized

In January of 2015, the U.S. Department of Housing and Urban Development (HUD) issued an interim rule describing how money from the National Housing Trust Fund would be made available to states, and what work must be accomplished by the states before funds can be made available. That rule was finalized in March 2015, and preliminary accumulations of funds may become available for use as soon as early 2016.

Preservation of Affordability-Related Resources in Obsolete Housing

The U.S. Department of Housing and Urban Development (HUD) has published a notice on the transfer of project-based rental assistance, debt held or insured by the secretary, and statutorily required income-based use restrictions from one multifamily housing project to another (or between several such projects).

Low Income Housing Tax Credit Preservation: Legislation Would Make 9% Tax Credit Permanent

Rep. Pat Tiberi (R-OH) and Rep. Richard Neal (D-MA) introduced H.R. 1142 legislation that would make the 9% tax credit rate permanent for new construction projects.

Improving the Low-Income Housing Tax Credit Rate Act Reintroduced in U.S. Senate

On May 5, Sen. Maria Cantwell (D-WA) and Sen. Pat Roberts (R-KS) reintroduced the Improving the Low-Income Housing Tax Credit Rate Act (S. 1193).