Memo to Members and Partners Articles
HUD announced on April 17 the FY20 national Housing Trust Fund (HTF) allocations for each state, the District of Columbia, Puerto Rico, and U.S. Territories. A total of $322,264,268 was allocated, a 23% increase over the $247.7 million for FY19. The HTF allocations from previous years were: $173.6…
March 23, 2020
Senator Jeff Merkley Introduces “Making Affordable Housing Opportunities More Equitable Act”
Senator Jeff Merkley (D-OR) introduced on March 12 the “Making Affordable Housing Opportunities More Equitable Act” (S. 3452). This comprehensive bill is designed to reduce the shortcomings of current housing policies and funding levels by boldly addressing disparities and systemic obstacles to…
March 2, 2020
House Committee Passes Bills to Invest in Affordable Housing and Fair Housing Enforcement
The House Committee on Financial Services passed several bills, including the “Housing Is Infrastructure Act” (H.R. 5187) and the “Housing Fairness Act of 2020” (H.R. 149), during a vote on February 27. H.R. 5187 would invest more than $100 billion in affordable housing and community development…
Federal Housing Finance Agency (FHFA) Director Mark Calabria announced on February 27 that $326.4 million will be available for the national Housing Trust Fund (HTF) in 2020. HUD will now use the formula based on the HTF statute and HTF regulations to determine how much each state will have…