Latest News in Affordable Housing
DISCLAIMER: The Texas Affiliation of Affordable Housing Providers (TAAHP) posts informational resources that may impact or be useful to its members. The views, positions, and opinions expressed in news articles, research studies, or other resources are those of the authors and do not necessarily reflect the official policy or position of TAAHP or its employees. Views are subject to change at any time.
HUD Issues Affirmatively Furthering Fair Housing Proposed Rule
On January 19, 2023, the Department of Housing and Urban Development published the much-anticipated Affirmatively Furthering Fair Housing (AFFH) proposed rule, which would implement the statutory obligation HUD and its program participants have to affirmatively further fair housing, as required by the 1968 Fair Housing Act. The proposed rule is intended to build and improve upon HUD’s 2015 AFFH final rule adopted under the Obama Administration.
U.S. House & Senate Release Housing-Related Committee Assignments for the 118th Congress
The U.S. Senate and House of Representatives recently released assignments for key housing committees to serve for the 118th Congress.
Freddie Mac Multifamily’s Targeted Affordable Housing Loans Increased by Nearly 60% in 2022
Freddie Mac Multifamily’s 2022 production volume included a record of nearly $1 billion in Low-Income Housing Tax Credit (LIHTC) equity investments.
FHFA Finalizes 2023-2024 Multifamily Housing Goals for Fannie Mae and Freddie Mac
FHFA issued a final rule for Fannie Mae and Freddie Mac that establishes benchmark levels for multifamily housing goals for 2023 and 2024.
Multifamily Housing Simple Transfer Pilot Program
The Rural Housing Service (RHS or the Agency) is announcing a pilot program for simple transfers of USDA Section 515 Rural Rental Housing properties.
HUD: FY 2023 median family incomes and income limits to be delayed
The FY 2023 median family incomes and income limits would ordinarily be based on the ACS 2020 estimates. However, because of the lack of 1-year ACS 2020 estimates described above, HUD intends to instead base the FY 2023 median family incomes and income limits on ACS 2021 data. Since 2014, HUD has released median family incomes and income limits in March or April of each year. Because the special tabulations of ACS 2021 data HUD needs for median family income calculations will not be available until early 2023 , HUD intends to delay the release of FY 2023 median family incomes and income limits until on or about May 15, 2023. Should HUD revise this date, HUD will make a similar announcement on https://www.huduser.gov/portal/datasets/il.html.
HUD Releases 2022 RAD Rents for Public Housing Conversions
On December 15, The U.S. Department of Housing and Urban Development (HUD) posted the 2022 Rental Assistance Demonstration (RAD) contract rents.
Senator Jose Menendez Issues Resolution in Honor of TAAHP’s 25th Anniversary
In honor of TAAHP’s 25th anniversary, Texas Senator Jose Menendez issued a resolution at its Holiday Party & Scholarship Fundraiser event.
Report provides framework for state and local governments to reduce energy costs for low-income households
A report by the American Council for an Energy-Efficient Economy (ACEEE), in partnership with the Urban Sustainability Directors Network, seeks to guide state and local governments and utility agencies in identifying opportunities for equitably greening rental properties that are appropriate to their area’s particular mix of housing stock, renter demographics, and available resources.
New Data Shows 11% Decline in Veteran Homelessness Since 2020—the Biggest Drop in More Than 5 Years
The U.S Department of Housing and Urban Development (HUD), the U.S. Department of Veterans Affairs (VA), and the U.S. Interagency Council on Homelessness (USICH) announced preliminary results of the 2022 Point-in-Time Count showing an 11% decline in Veteran homelessness since early 2020, the last time a full count was conducted. This is the biggest drop in Veteran homelessness in more than five years.
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