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.
On April 16, the U.S. House of Representatives Financial Services Subcommittee on Housing and Insurance held a hearing on increasing private sector participation in affordable housing.
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.
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.
HUDUser published Section 8 income limits for the various HUD multifamily programs, and for the tax credit programs as well. The limits became effective on March 6.
A recent report published by the U.S. Department of Housing and Urban Development (HUD) Office of Policy Development and Research highlights those households that benefit from the development and operation of this housing.