Memo to Members and Partners Articles
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 $1.138 billion for affordable housing – the largest amount ever – from Fannie Mae and Freddie Mac (the Enterprises) in 2022. Of…
March 7, 2022
Senator Padilla Announces Legislation to Address Affordable Housing and Homelessness Crisis
Senator Alex Padilla (D-CA) introduced the “Housing For All Act of 2022” on February 25. The bill would address the severe shortage of 6.8 million affordable homes for renters with the lowest incomes by investing in proven solutions to housing instability among the lowest-income households,…
February 28, 2022
Take Action on FY22 Appropriations and Build Back Better!
After spending the week in recess, members of Congress have returned to Washington and will make crucial decisions about what to include in the overdue appropriations bill for fiscal year (FY) 2022 and the scaled-back “Build Back Better Act.” Both bills present opportunities to significantly expand…
The national Housing Trust Fund (HTF) is estimated to receive $739.6 million for 2022, based on figures presented in Fannie Mae’s and Freddie Mac’s 10-K forms recently submitted to the U.S. Securities and Exchange Commission. This allocation will be a modest increase from the $689.7 million…