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.
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.
Houston Housing Authority launched Website to provide information about its Public Facility Corporation (PFCs) partnerships
The Houston Housing Authority (HHA) launched its Affordable Housing Houston website which provides people with information about apartment options offered through the HHA’s Public Facility Corporations (PFC) partnerships.
San Antonio Launches Website to Help Renters Find Affordable Housing Options
The City of San Antonio announces the launch of Housing Base, a website platform that helps renters find affordable rental units in the city.
HUD Secretary Fudge open letter on addressing junk fees that renters face
On March 7, HUD Secretary Marcia L. Fudge published an open letter urging housing providers and state and local governments to adopt fee-related policies that would help create a fairer and more transparent rental market. Recommended policies that promote fairness and...
FHFA Announces $545 Million for Affordable Housing Programs
FHFA announced that the Housing Trust Fund and Capital Magnet Fund will receive approximately $545 million for affordable housing initiatives from Fannie Mae and Freddie Mac (the Enterprises).
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