Memo to Members and Partners Articles
The U.S. Court of Appeals for the Fifth Circuit ruled on July 17 that the Federal Housing Finance Agency (FHFA) is structured unconstitutionally. Because the agency has a single director who does not require congressional approval and can only be removed “for cause,” the court determined that the…
HUD published the FY18 allocations for the national Housing Trust Fund (HTF) in the Federal Register on June 5. The allocations totaling $266 million will go to all 50 states, five territories, and the District of Columbia. The total allocations represent a 22% increase from the 2017 allocations…
The Senate Banking Committee held a hearing on May 23 on “Ten Years of Conservatorship: The Status of the Housing Finance System” with Federal Housing Finance Agency (FHFA) Director Mel Watt as the sole witness. During the hearing, Mr. Watt focused on the nation’s housing challenges, including…
HUD’s Office of Community Planning and Development (CPD) announced how $266.8 million in national Housing Trust Fund (HTF) resources are allocated in 2018 to each state, the District of Columbia, Puerto Rico, and the Insular Areas. The total allocation is a 22% increase from the 2017 allocation and…