Memo to Members and Partners Articles
May 15, 2023
HUD Publishes Final NSPIRE Rule
HUD published the final rule implementing the National Standards for Physical Inspection of Real Estate (NSPIRE) in the Federal Register on May 11. A proposed rule was published on January 13, 2021 (see Memo, 1/19/21), for which NLIHC submitted comments (see Memo, 3/22/21). NSPIRE seeks to…
May 8, 2023
HUD CPD Announces 2023 HTF State Allocations
In a media release issued on May 13, HUD’s Office of Community Planning and Development (CPD) announced that $382 million in 2023 national Housing Trust Fund (HTF) dollars will be allocated to states, the District of Columbia, Puerto Rico, and U.S. territories. The 2023 HTF allocation is a…
North Carolina Governor Roy Cooper announced a proposed $160 million investment in housing on March 15 – the largest proposed housing investment in the state in over a decade. The proposal is included in a set of budget recommendations, “First in Opportunity,” highlighting the necessity of…
The Federal Housing Finance Agency (FHFA) announced on February 28 that the national Housing Trust Fund (HTF) and the Capital Magnet Fund (CMF) will receive a total of $545 million for affordable housing from Fannie Mae and Freddie Mac (the Enterprises) in 2023. Of this amount, the HTF will receive…