Supporters Push for Neighborhood Homes Investment Act
By Donna Kimura, Affordable Housing Finance
More lawmakers have signed on to support the Neighborhood Homes Investment Act, bringing the total to 100 members of the House of Representatives and 24 senators.
Divided Congress Will Slow Legislative Process
By Monica Hogan
Although still undecided at press time, partisan control of Congress will be by slim numbers, with implications for the housing-finance industry both in the lame-duck session that starts next week and in the new Congress, which convenes in January.
Tumultuous Housing Market Has Potential Homebuyers Craving Stability, Concerned About Affordability
By Amanda Jacobson Snyder
Housing experts say persistent supply issues may continue to drive prices beyond the reach of many. Americans across generations have an enduring desire to own their own home, but high prices driven by a persistent lack of supply have a large share of would-be homeowners doubtful of their ability to make the dream of homeownership come true.
Busy Days, Change Ahead for Congress After Election
By Monica Hogan, Inside Mortgage Finance
Legislative action could heat up following the midterm elections, including for issues related to housing, said two government relations consultants speaking this week at the annual National Association of Affordable Housing Lenders policy conference in Washington, DC.
“If you’re talking to policymakers, it’s crunch time to get things passed,” said Bryan Blom, vice president at Porterfield, Fettig & Sears.
Affordable-Housing Projects Derailed as Developers Struggle for Financing
By Rebecca Picciotto
Affordable-housing developers nationwide are stalling work on new projects, delaying thousands of units from coming to market when the U.S. already has a broad deficit of low-income housing.
The Potential Impact of Student Loan Debt Forgiveness on the Housing Market
By Vincent Salandro, Builder Magazine
President Joe Biden in late August announced a plan to forgive student loan debt for Americans. At the time the plan was announced, federal student loans totaled $1.6 trillion across more than 45 million borrowers.
Student Loan Debt Relief to Help FTHBs, Eventually
By Monica Hogan, Inside Mortgage Finance
New student loan debt forgiveness is expected to have a marginal impact on first-time homeownership in the short term, according to mortgage industry watchers.
CDFIs Are Starting to Flex Their Post-pandemic Clout
By Brendan Pedersen, American Banker
WASHINGTON — The federal government’s response to the COVID-19 pandemic catapulted a niche sector of specialized community development lenders to a new level of prominence in American finance.
Recent Senate Hearings Showcase Bipartisan Support for Addressing Affordable Housing Crisis
By Peter Lawrence, Novogradac
Addressing the county’s affordable housing crisis has become a top priority for Congress in recent weeks. That was made evident by three recent Senate hearings on the topic, which received bipartisan support.
