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.
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.
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.
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).
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.
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).