NAAHL in the News


HUD Secretary Fudge Announces Retirement

March 15th, 2024|

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.

Fudge to Leave HUD

March 11th, 2024|

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.

HUD Extends Multifamily Risk-Sharing Program

March 7th, 2024|

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.

Low-Income Housing Tax Credits News Briefs – March 2024

March 1st, 2024|


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.

HFA Risk-Sharing Program to Be Extended

February 29th, 2024|

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.

House Approves Tax Bill with LIHTC Expansion

February 1st, 2024|

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.

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