HUD recently released the 2023 list of Difficult Development Areas (DDAs) and Qualified Census Tracts (QCTs) for purposes of Housing Credit basis boost allowances.

Every two years, HUD and the Census Bureau produce the American Housing Survey (AHS), the most comprehensive analysis of the nation’s housing inventory. The AHS covers a variety of important housing topics, including the composition and quality of the nation’s housing stock; rents, mortgages and other housing costs; and neighborhood conditions.

The Administration is announcing several new steps that reduce barriers to affordable housing construction and preservation.

The Internal Revenue Service released Notice 2022-52, which builds on previous notices related to COVID-19 relief the IRS has provided to Housing Credit agencies and their industry partners, most recently Notice 2022-05. The notice’s publication was announced by the Biden-Harris Administration in a statement on its progress meeting goals set forth in the administration’s Housing Supply Action Plan.

The U.S. Department of Housing and Urban Development (HUD) announced the availability of $40 million through the Healthy Homes Production Grant Program to help transform communities by fixing older housing, preserving affordable housing.