Recent News
The U.S. Department of Housing and Urban Development (HUD) will publish in Monday’s Federal Register a proposed rule to amend the interpretation of the Fair Housing Act’s (FHA’s) disparate impact standard.
The U.S. Senate voted 67-28 Thursday to pass a two-year, $2.7 trillion discretionary budget agreement, sending the legislation to President Donald Trump, who is expected to sign it. The budget deal, which was passed last week by the House of Representatives, would suspend the federal debt ceiling until July 31, 2021, and contains no provisions to extend expired or expiring tax provisions.
The House of Representatives today passed a two-year, $2.7 trillion discretionary budget agreement by a 284-149 vote. The agreement would also suspend the federal debt ceiling until July 31, 2021. The budget deal would give defense programs a 3 percent increase from $647 billion in fiscal year 2019 to $666.5 billion in fiscal year 2020 and nondefense programs a 4 percent increase from $597 billion in fiscal year 2019 to $621.5 billion in fiscal year 2020. The fiscal year 2021 spending caps would be $671.5 billion for defense and $626.5 billion for nondefense.
Rep. Al Lawson, D-Fla., and 14 co-sponsors introduced legislation to strengthen enforcement of inspections in housing subsidized by the U.S. Department of Housing and Urban Development (HUD). A press release from Lawson’s office said that H.R. 3745, HUD Inspection Act of 2019, would create tougher standards for required physical conditions and provide HUD with greater enforcement authority.
Eligible basis should be reduced for noncompliance of the common area for low-income housing tax credit (LIHTC) properties, according to a memorandum from the Office of Chief Counsel of the Internal Revenue Service.
