Memo to Members and Partners Articles
HUD announced in a media release on May 17 that nearly $749 million in national Housing Trust Fund (HTF) dollars have been allocated to states, the District of Columbia, Puerto Rico, and the U.S. territories. In the same release, HUD announced allocations for each of the formula grant programs…
The U.S. House Committee on Financial Services Chair Maxine Waters (D-CA) held a hearing on March 8, “The Inflation Equation: Corporate Profiteering, Supply Chain Bottlenecks, and COVID-19,” addressing the causes of and solutions for growing financial pressure brought about by inflation and the…
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…
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,…