HUD Archives

The affordable housing sector, crucial for over a million Americans, is navigating uncertain times. A recent NH&RA panel offered a platform for thought leaders to discuss the future and share insights.

For mission-committed developers who have taken up the task of building subsidized affordable housing for seniors, HUD’s Section 202 program has continued to provide a vital financial boost to new senior housing projects.

Housing advocates from Novogradac’s working group are hopeful that the Opportunity Zones (OZ) program will be extended and enhanced by incoming secretaries of the Treasury and the Department of Housing and Urban Development (HUD).

The National Housing Crisis Task Force issued a broad swath of policy recommendations for the new administration to address the nation’s housing crisis, including calling for the federal government to “fundamentally restructure” its organization to address the problem and provide billions to rehabilitate existing subsidized affordable housing stock.

This fall, the National Council of State Housing Agencies (NCSHA) recognized 17 programs offered by state housing finance agencies across the nation that creatively developed tools to tackle their communities’ affordable housing challenges.

In a study that provides key insights for housing leaders nationwide, researchers in Indiana Earlier this year, the Maryland Office of the Comptroller released its first State of the Economy report, highlighting issues and trends as the “Old Line State” continues to recover from the impacts of the COVID-19 pandemic.

Seeking to remove barriers to creating and preserving affordable housing, the U.S. Department of Housing and Urban Development is currently weighing applications for $100 million in grant funding to communities throughout the nation for its second round of PRO Housing, Pathways to Removing Obstacles to Housing, grant program.

Making the numbers work for a Federal Low Income Housing Tax Credit (LIHTC) transaction can be challenging, or sometimes even impossible.

The Green and Resilient Retrofit Program (GRRP), authorized by the Inflation Reduction Act (IRA), continues to ramp up now that the first transactions have closed. 

In recent years, owners and developers of low-income housing have turned to the Historic Tax Credit program as another key source of funding for projects looking to preserve or create affordable apartments in historic buildings.

Throughout the mid-20th century, transportation authorities constructed massive infrastructure projects through urban centers, particularly, but not exclusively, highways.

The Supreme Court recently heard arguments in City of Grants Pass, Oregon v. Johnson, in a rare instance of the Court grappling with the issue of homelessness.