Fort Worth Presents Plan to Address Housing Affordability
Fort Worth’s Neighborhood Services presented a 5-year plan to improve neighborhoods and address affordability to the City Council at the first public budget meeting.
Aug 17, 2023
Latest News
FHA Increases Dollar Amount Threshold for Large Multifamily Loans to Be Eligible for Standard Underwriting
The Federal Housing Administration (FHA) today published a Mortgagee Letter that increases the threshold at which a Multifamily loan is considered a Large Loan from $75 million to $120 million. This is the first increase in the threshold since 2014 and will enable a greater number of transactions to use standard underwriting processes when submitted for FHA Multifamily insurance.
NLIHC Releases the 2023 Out of Reach Report
The National Low Income Housing Coalition recently released its annual Out of Reach Report. Out of Reach documents the significant gap between renters’ wages and the cost of rental housing across the United States. The report’s central statistic, the Housing Wage,...
TDHCA to host second 2024 QAP Roundtable
TDHCA will host the second 2024 QAP Roundtable on Friday, June 16, 2023, from 9 a.m. to 1 p.m., Central Time
Major bipartisan U.S. Senate bill introduced to modernize and update rural housing programs
On May 1, Senators Tina Smith (D-MN) and Mike Rounds (R-SD) introduced the “Rural Housing Service Reform Act of 2023” (S.1389) in the U.S. Senate. The bill would aim to improve the housing programs administered by the U.S. Department of Agriculture’s Rural Housing Service (RHS) through several reforms, including decoupling rental assistance from maturing mortgages, permanently establishing the Multifamily Housing Preservation and Revitalization Demonstration (MPR), making permanent the Native CDFI Relending pilot program, and improving staff training and capacity within RHS.
HUD allocates $22.4 million to Texas through its housing trust fund to help produce affordable housing
Texas was the 3rd biggest recipient of Housing Trust Funds, with an allocation of $22.4 million. 100% of funds must be used for extremely low-income families.
Broadband Challenges and Opportunities in Affordable Rental Housing
Experts and internet service providers discuss expanding access, adoption for low-income households
VA announces goal to house 38,000+ Veterans experiencing homelessness in 2023
This initiative is part of the Biden-Harris administration’s broader efforts to reduce homelessness for all Americans by 25% by 2025.
IRS Issues 2023 Population Figures for Housing Credit, Private Activity Bond Volume Caps
The Texas Resident Population Figure is 30,029,572. The amount for calculating the Credit Ceiling is the greater of $2.75 multiplied by the State population, or $3,185,000.
HUD Starts Process to Strengthen Standards for Conditions in HUD Assisted and Insured Housing; Public Comment Period Open Through April 27th
The U.S. Department of Housing and Urban Development (HUD) published the proposed scoring notice for the National Standards for the Physical Inspection of Real Estate (NSPIRE) in the Federal Register.
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