As part of its FY12 budget request, HUD is seeking $200 million for
what department officials are now calling a “rental assistance
demonstration.” HUD rolled out a $350 million Transforming Rental…
Changes proposed at the end of HUD’s FY12 budget request would
provide the HUD Secretary greater flexibility in publishing and
providing for public review of Fair Market Rents (FMRs). …
The President’s FY12 budget request includes several provisions from
the Section Eight Voucher Reform Act (SEVRA), legislation which Congress
has considered for several years but has not yet…
As part of its FY12 budget request, the Department of the Treasury
seeks two changes to the low income housing tax credit (LIHTC) program.
One would allow “income averaging” so properties could…
Both the House and Senate held hearings on the President’s FY12
budget proposal during the week of February 14 with a similar level of
criticism expressed by members in both chambers.
At the House…