News

Former Trump Housing Official Sees Potential for Building Homes on Public Land in a Second Term

By Victor Reklaitis, MarketWatch

Meanwhile, former Biden administration official sees Trump scaling down agencies that oversee housing funds, along with an effect on civil rights. Two experts on housing from different sides of the aisle clashed Tuesday over what a second Trump administration could mean for Americans dealing with the tough market for home buyers.

Former Trump Housing Official Sees Potential for Building Homes on Public Land in a Second Term2024-07-01T16:37:37-04:00

National Housing Conference Bolsters Board With New Appointees and Returning Members, Sustains Diversity and Expertise

National Housing Conference

The National Housing Conference (NHC) has announced three new appointees to its Board of Governors while welcoming back three returning members. With these latest additions, NHC’s Board of Governors continues to remain one of the most diverse boards in the United States.

National Housing Conference Bolsters Board With New Appointees and Returning Members, Sustains Diversity and Expertise2024-07-01T16:26:25-04:00

HUD Secretary Fudge Announces Retirement

By Monica Hogan

Department of Housing and Urban Development Secretary Marcia Fudge announced her retirement this week, effective March 22. Fudge, 71, said she had “mixed emotions” about leaving HUD. She is expected to return to Ohio to spend more time with her family.

HUD Secretary Fudge Announces Retirement2024-03-19T15:57:39-04:00

NAAHL President and CEO Sarah Brundage Statement on the Retirement and Resignation of HUD Secretary Marcia L. Fudge

By Sarah Brundage, NAAHL President and CEO

Marcia L. Fudge assumed her role as Secretary to the U.S. Department of Housing and Urban Development in a time when the agency needed rebuilding and the nation needed a strong voice on our country’s growing housing needs.

NAAHL President and CEO Sarah Brundage Statement on the Retirement and Resignation of HUD Secretary Marcia L. Fudge2024-03-12T15:15:23-04:00

Fudge to Leave HUD

By Donna Kimura, Affordable Housing Finance

Marcia Fudge has resigned as secretary of the Department of Housing and Urban Development (HUD), effective March 22. She has served as the nation’s top housing official throughout President Joe Biden’s administration.

Fudge to Leave HUD2024-03-13T11:46:12-04:00

HUD Extends Multifamily Risk-Sharing Program

By Monica Hogan, Inside Mortgage Finance

A risk-sharing program of FHA and the Treasury Department’s Federal Financing Bank has been extended indefinitely, the Department of Housing and Urban Development announced last week.

HUD Extends Multifamily Risk-Sharing Program2024-03-12T11:16:03-04:00

NAAHL’s Roberts Gives Conditional ‘Outstanding’ Rating to Updated CRA Regulations

By Brad Stanhope, Novogradac

For Buzz Roberts, the result of Community Reinvestment Act (CRA) regulations updated in October 2023 is simple: If large banks seek "outstanding" ratings, the new regulations will be good news for properties financed by community development tax incentives.

NAAHL’s Roberts Gives Conditional ‘Outstanding’ Rating to Updated CRA Regulations2024-03-06T11:00:19-05:00

Low-Income Housing Tax Credits News Briefs – March 2024

Novogradac

Sarah Brundage was named in January as the new president and CEO of the National Association of Affordable Housing Lenders (NAAHL). Brundage previously served as senior advisor for housing supply and infrastructure in the Office of the Secretary at the U.S. Department of Housing and Urban Development.

Low-Income Housing Tax Credits News Briefs – March 20242024-03-06T10:55:32-05:00

HFA Risk-Sharing Program to Be Extended

By AHF Staff, Affordable Housing Finance

Federal officials are indefinitely extending the Housing Finance Agency Risk-Sharing Initiative that was reinstated three years ago. Offered through the Department of Housing and Urban Development (HUD) and the Treasury Department’s Federal Financing Bank (FFB), the program has helped enable access to nearly $2 billion in financing for the development or rehabilitation of almost 12,000 affordable rental homes.

HFA Risk-Sharing Program to Be Extended2024-03-06T10:48:50-05:00

House Approves Tax Bill with LIHTC Expansion

By Buzz Roberts, The Buzz

Last night the House passed a bipartisan tax bill that includes the first major expansion of Low Income Housing Tax Credits since 2000, a major NAAHL policy priority. The 359-70 vote was overwhelming, but Senate passage is far from certain.

House Approves Tax Bill with LIHTC Expansion2024-02-01T16:10:55-05:00
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