Recent News

Monday, August 13, 2018

The U.S. Department of Housing and Urban Development (HUD) today published an advanced notice of proposed rulemaking, inviting public comment on amendments to HUD’s affirmatively furthering fair housing regulations. HUD previously withdrew its assessment tools used to assess fair housing. HUD is seeking comments on several areas, but specifically asked eight questions about community involvement, data collection, reporting methods, evaluation and more.

Monday, August 13, 2018

The Community Development Financial Institutions (CDFI) Fund is seeking application reviewers for the fiscal year 2018 application round of the Capital Magnet Fund. Reviewers should have expertise in affordable housing finance and/or development. The CDFI Fund particularly seeks reviewers with experience in underwriting, assessing and/or evaluating affordable housing and economic development projects financed or developed by CDFIs and nonprofit developers or experience structuring and underwriting complex multifamily affordable housing transactions.

Monday, July 30, 2018

The U.S. Department of Housing and Urban Development (HUD) today announced its approval of a $1.5 billion disaster recovery plan for Puerto Rico to recover from Hurricane Irma and Hurricane Marina that includes $100 million in Community Development Block Grant-Disaster Relief gap funding for low-income housing tax credit properties and $10 million in rental assistance program funding for low-income renters.

Wednesday, July 11, 2018

The U.S. Department of Housing and Urban Development (HUD) yesterday approved a $243 million disaster recovery plan for the U.S. Virgin Islands through the Community Development Block Grant-Disaster Recovery (CDBG-DR) program. The funds will be used to address housing, infrastructure and economic recovery needs after last year’s Hurricane Irma and Hurricane Maria.

Tuesday, July 3, 2018

The U.S. Department of Housing and Urban Development (HUD) will publish a notice Thursday in the Federal Register seeking comments on its proposed new collection of information on the Housing Trust Fund (HTF). HUD will seek information on project-specific property, tenant, owner and financial data to track grantee performance and compliance with HTF regulations. Comments are due 60 days after the notice is published in the Federal Register.

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