Affordable Housing

HUD: Financing Flexibility Increased for Multifamily Affordable Housing Development

Updates to Federal Housing Administration (FHA) Multifamily Mortgage Insurance helps lenders and developers increase the supply of affordable rental housing in America. The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA), announced updated requirements for several of its multifamily mortgage insurance programs. During the Biden-Harris Administration, FHA has prioritized…

HUD: Affordable Housing Regulations Streamlined and Modernized Making Housing More Accessible for Families Nationwide

The Final Rule for HUD’s HOME Investment Partnerships Program will reduce administrative burden on communities, better align federal resources, and lower housing costs for families nationwide. Today, the U.S. Department of Housing and Urban Development (HUD) published a Final Rule in the Federal Register to modernize and strengthen regulations for the HOME Investment Partnership Program (HOME). HOME…

HUD: January 2024 Point-in-Time Homelessness Count Report Released

The Annual Homelessness Assessment Report: Part 1 data highlights progress and challenges in Addressing Homelessness Across the Nation The U.S. Department of Housing and Urban Development (HUD) today released its 2024 Annual Homelessness Assessment Report: Part 1: Point-in-Time Estimates, an annual snapshot of the number of individuals in shelters, temporary housing, and unsheltered settings. The report…

HUD: Federal Government Announces Significant Efforts to Reduce Homelessness

New partnerships and funding aim to expand housing resources, improve services, and end veteran homelessness The Biden-Harris Administration announced a series of measures to address homelessness across the country, reaffirming the Administration’s commitment to ensuring all Americans have access to safe, stable housing. This includes updating regulations that streamline the repurposing of surplus federal properties…

HUD: Website Modernized to Enhance User Experience

Streamlined Trauma-Informed Design Improves Access to vital resources. Today, the U.S. Department of Housing and Urban Development (HUD) announces the completion of a transformative project to update webpages for all 50 states, territories, and the District of Columbia on HUD.gov. These updated pages feature a streamlined design and trauma-informed elements, making it easier for communities nationwide to…

FHFA: 2025 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions Released

The annual list of objectives includes steps for the Enterprises to better manage risk, support market improvements, and facilitate enhanced resilience of the nation’s housing stock The Federal Housing Finance Agency (FHFA) released today the 2025 Scorecard for Fannie Mae and Freddie Mac (the Enterprises), establishing an array of objectives for them to operate safely…

HUD: Adjustments Announced for Affordable Rental Properties to Address Rising Expenses and Insurance Costs

HUD releases 2025 Operating Cost Adjustment Factors, with new rent adjustments to address rising property management expenses, including insurance coverage, for multifamily properties. Amidst rising insurance and property management costs across the nation, the U.S. Department of Housing and Urban Development (HUD) today announced the latest change to help housing providers maintain affordable rents while…

FHFA: 2025-2027 Housing Goals Finalized for Fannie Mae and Freddie Mac

The Agency’s final rule sets benchmarks for the Enterprises’ mortgage acquisitions, and updates the process for determining whether an Enterprise would submit an action plan when an Enterprise misses certain goals The Federal Housing Finance Agency (FHFA) issued a final rule today that establishes new affordable housing goals for the loan purchases of Fannie Mae…

FHFA: Enterprises’ Three-Year Plans Unveiled to Improve Housing Opportunities for the Underserved

Fannie Mae and Freddie Mac will expand their focus on rural communities among other activities outlined in blueprints aimed at advancing equitable housing access in markets and communities facing persistent challenges. Fannie Mae and Freddie Mac (the Enterprises) will seek to extend housing access in rural underserved markets, enhance their support for manufactured housing, and…

HUD: $73 Million Awarded to Support Grantees with Vital Technical Assistance

Funding will provide technical assistance and capacity-building for HUD grantees, local governments, and community organizations nationwide. The U.S. Department of Housing and Urban Development (HUD) will award $73 million in cooperative agreements under the Community Compass Technical Assistance and Capacity Building Program (Community Compass) to 34 non-profit and for-profit organizations, including 6 new organizations to help HUD…