VA awards over $800 million in grants to help homeless and at-risk Veterans and their families
U.S. Department of Veterans Affairs announced it will award $806.4 million in grants to help homeless and at-risk Veterans
Aug 26, 2024
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Reminder: Upcoming Deadline for TDHCA LURA Origination Requests
The Texas Department of Housing and Community Affairs (TDHCA) Asset Management division would like to remind all Owners and Agents of Housing Tax Credit (HTC) developments that the Land Use Restriction Agreement (LURA) for developments with a 2024 start date must...
Texas Revises Reporting Rules for Public Facility Corporations
On July 25, 2024, the Texas Department of Housing and Community Affairs (TDHCA) Governing Board approved a crucial amendment to the reporting requirements for Public Facility Corporations (PFCs). This update has significant implications for the affordable housing...
HUD Publishes FY25 Fair Market Rents
On August 14, HUD published the Fair Market Rents (FMRs) for Fiscal Year 2025, which will take effect on October 1, 2024. Fair Market Rents (FMRs) are an estimate of the amount of money that would cover gross rents (rent and utility expenses) on 40 percent of the...
HUD Expands Veterans’ Access to Housing Assistance
HUD Announces Policy Changes to Benefit Veterans with Service-Connected Disabilities On August 8, HUD introduced significant updates to the HUD-Veterans Affairs Supportive Housing (HUD-VASH) program aimed at increasing housing access for veterans receiving...
HUD Extends NSPIRE Compliance Deadline for Voucher and CPD Programs
On July 5, HUD released a notice in the Federal Register extending the compliance date for implementing the National Standards for the Physical Inspection of Real Estate (NSPIRE) to October 1, 2025. This extension applies to several key programs, including Housing...
HUD Targets Qualified Contract Loophole with New LIHTC Requirement
On August 15, HUD announced a significant policy change that will impact Low-Income Housing Tax Credit (LIHTC) projects participating in Federal Housing Administration (FHA) Multifamily rental and Risk Share programs. Starting January 1, 2025, LIHTC project owners...
Houston’s Third Ward Receives $50M HUD Grant for Major Community Revitalization
In a landmark development for Houston’s Third Ward, the Houston Housing Authority (HHA) and the City of Houston have been awarded a $50 million Choice Neighborhoods Implementation Grant from the U.S. Department of Housing and Urban Development (HUD). Announced on...
FHFA Announces New Tenant Protections
The Federal Housing Finance Agency (FHFA) has unveiled new tenant protections for properties financed by Fannie Mae and Freddie Mac, starting February 28, 2025. These protections include a five-day grace period for rent payments, and a 30-day written notice...
U.S. Senate Fails to Advance Key Tax Bill with Housing Credit Provisions
On August 1, the U.S. Senate voted 48-44 against advancing the Tax Relief for American Families and Workers Act (H.R. 7024), effectively halting progress on the bill. This legislation, which had passed the House with broad bipartisan support earlier this year,...
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