HUD Archives

The federal government has significantly changed how it handles compensating people relocated by property seizures. The Uniform Relocation Assistance and Real Property Acquisition Policies Act was amended to increase available compensation, broaden the definition of a “displaced” person and improve assistance by finding suitable replacement properties.

As proponents of affordability grapple with the ramifications of a rapidly changing regulatory landscape, stakeholders continue to search for innovative pathways toward preserving and developing affordable projects at a rate commensurate with rising demand. That was the focus of Affordable Housing Beyond LIHTC, a panel at National Housing & Rehabilitation Association’s Annual Meeting in January.

On his first day in office, President Trump issued a Presidential Action aimed at reducing the cost of living and increasing prosperity for American workers. This includes directives to lower housing costs and expand supply.

Tax Credit Advisor sat down with Novogradac to get his take on the current state of the industry and its future, as well as the pending policy issues that could greatly impact the industry.

The Department of Housing and Urban Development recently adopted a rule update to its Home Investment Partnerships program (HOME). This is the first major update to the HOME program since 2013.

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.