On August 8, the Senate passed a bipartisan continuing resolution (CR) extending funding for federal programs and services through December 11. The legislation also delays implementation of new Office of Management and Budget (OMB) grant making requirements...
The Federal Housing Finance Agency (FHFA) has begun to consider an amendment to the Enterprises Duty to Serve Underserved Markets. The Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation (aka Fannie Mae and Freddie Mac respectively...
Written by Whitney Parra, TAAHP Senior Government Affairs Manager The IRS has released the 2026 population figures that states must use to calculate both their Housing Credit ceiling and private activity bond volume cap. For Texas, the new population figure is...
Treasury and the IRS have released new guidance explaining how states will nominate census tracts for designation as Qualified Opportunity Zones under the One, Big, Beautiful Bill. The law makes the Opportunity Zone incentive permanent, with the next round of...
A $60 Billion Commitment to Enhance U.S. Housing Affordability and Help Create and Preserve 250,000 Units Over Five Years Key Takeaways: Building on its extensive track record and position as the number one affordable housing lender in the U.S., Citi is announcing...
The Texas Department of Housing and Community Affairs (TDHCA) has posted to its website policy guidance regarding the Private Activity Bond (PAB) threshold that was reduced from 50% to 25% as a result of the One Big Beautiful Bill Act (H.R. 1). A copy of the...
The IRS issued Revenue Procedure 2025-32 to reflect the 12 percent Housing Credit allocation boost enacted through the One Big Beautiful Bill Act, after an earlier notice did not account for the change. For the Housing Credit, the IRS confirmed a per-capita...
In alignment with the OBB, FHFA has doubled the annual Housing Credit investment cap to $2 billion each for Fannie Mae and Freddie Mac, for a total of $4 billion. Half is reserved for difficult-to-serve markets, with at least 20% of that portion dedicated to rural...
On Friday, July 4th, President Trump signed the “One Big Beautiful Bill Act” (H.R. 1)—a sweeping budget reconciliation package that includes the most substantial expansion of federal affordable housing resources in 25 years. The bill passed narrowly 217–214, with...
The Federal Housing Finance Agency released an Advisory Bulletin responding to concerns from affordable housing sponsors that procedures for obtaining subsidies from the Federal Home Loan Banks are too burdensome 10/31/2024 Washington, D.C. – The Federal Housing...
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