FHFA Announces More than $1.1 Billion for Affordable Housing Programs
FHFA announced that the Housing Trust Fund and Capital Magnet Fund will receive a total of $1.138 billion for affordable housing initiatives.
Mar 10, 2022
Latest News
HUD Reminds Multifamily Owners Provided with Utility Allowances They Must Adjust Allowances Amid Rising Utility Costs
Owners of Multifamily-assisted properties for which HUD provides a utility allowance are reminded they are required to adjust their properties’ utility allowances.
New Treasury Data Shows Over 80% of Emergency Rental Assistance Delivered to Lowest-Income Households
According to the U.S. Treasury reporting data, over 80% of ERA assistance was delivered to very low-income households (those earning 50% of area median income and below) in 2021.
San Antonio Bond Plan Includes $150M for Affordable Housing
The City of San Antonio is proposing a bond package to be placed on its May 7th election ballot that dedicates $150 million for affordable housing that is dedicated to helping those who are recently homeless.
Pandemic Tenant Protections and Emergency Rental Assistance
NLIHC released a new report,"Tenant Protections and Emergency Rental Assistance during and beyond the COVID-19 Pandemic." The report provides a descriptive analysis of new tenant protections and rental assistance-related policies enacted or implemented by states and local governments in 2021.
Pandemic Household Spending Strategies
The Joint Center for Housing Studies of Harvard Study: Renters tapped a range of financial resources to make rent even in the face of income lost due to the pandemic.
Austin’s Mayor seeks $500 Million Bond to build Affordable Housing
Austin Mayor Steve Adler city to borrow $500 billion through a bond to build more affordable housing in the city. He plans to put the measure on the November 2022 ballot.
David A. Northern Sr. to take helm at Houston Housing Authority
Houston Housing Authority announces that David A. Northern Sr. was hired as president and CEO and begins in late February 2022.
New Report Shows a Surging Rental Market, Starkly Divided by Race and Renter Incomes
– Rental housing demand came roaring back in the second year of the pandemic, reducing vacancy rates and driving up rents, according to America’s Rental Housing 2022, a new report released by the Harvard Joint Center for Housing Studies. The report indicates that some of the rental rebound reflects the lack of inventory in the for-sale market, which has kept many higher-income renters from buying homes. At the same time, however, many lower-income households, and especially lower-income households of color, still struggle to pay the rent.
City of Austin seeks volunteers to join committee tasked with guiding affordable housing investments in Austin
The City of Austin seeks applicants interested in guiding affordable housing investments in Austin to join the Housing Investment Review Committee (HIRC). Applications are due by February 1st.
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