Memo to Members and Partners Articles
Speaking at the Bipartisan Policy Center on February 18, Federal Housing Finance Agency Director Mel Watt again urged Congress to pass meaningful housing finance reform to end the uncertainty surrounding the secondary market mortgage giants, Fannie Mae and Freddie Mac.
Mr. Watt cautioned…
The FY17 budget proposed by President Barack Obama cites $182 million as the amount that Fannie Mae and Freddie Mac will provide for the National Housing Trust Fund (NHTF) in 2016. This is substantially more than the $120 million that was estimated in the FY16 budget, but less than the unofficial…
The annual budget prepared by the Office of Management and Budget includes a report on the estimated cost of tax expenditures for the immediate past year and ten years going forward. Federal law defines tax expenditures as “revenue losses attributable to provisions of the Federal tax laws which…
The HUD Office of Community Development and Planning issued a Notice on January 28 outlining the timing for states and entitlement jurisdictions to submit their FY16 consolidated plans (ConPlan), action plans, and National Housing Trust Fund (NHTF) allocation plans. To receive its share of the NHTF…