Memo to Members and Partners Articles

HUD Publishes Housing Trust Fund State Allocations of Nearly $174 Million

HUD Secretary Julián Castro announced the allocation of 2016 Housing Trust Fund (HTF) resources to each state, the District of Columbia, Puerto Rico, and the Insular Areas on May 4.  A formal Federal Register notice listing the state allocations was published on May 5. As Secretary Castro…

HUD Issues NHTF Allocation Plan Guidance

The long-awaited NHTF Allocation Plan guidance from HUD was posted as Notice CPD-16-07 on April 28. The seven-page Notice primarily restates the interim regulations, with a few exceptions.   The statute creating the NHTF requires that each state, the District of Columbia, and Puerto Rico…

NLIHC’s Model NHTF Allocation Plan and Developer Advisory Group

NLIHC has produced a Model NHTF Allocation Plan for advocates to consider when engaging their state NHTF entity. NLIHC has also established an advisory group of affordable housing developers who have volunteered to help organizations applying for NHTF money understand how best to overcome the…

Senator Shelby Requests GAO and CBO Reports on Fannie Mae and Freddie Mac

Senator Richard Shelby (R-Ala.), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, last week sent letters to the Government Accountability Office (GAO) and the Congressional Budget Office (CBO) requesting that the agencies provide reports to Congress on issues relating to the…