Memo to Members and Partners Articles

FHFA Announces $196 Million in 2024 for the National Housing Trust Fund

The Federal Housing Finance Agency (FHFA) announced on February 28 that the national Housing Trust Fund (HTF) and the Capital Magnet Fund (CMF) will receive a total of $301 million from Fannie Mae and Freddie Mac (the Enterprises) in 2024. Of this amount, the HTF will receive $196 million. “…

HUD CPD Notice Extends HOTMA Compliance Deadline to January 1, 2025

HUD’s Office of Community Planning and Development (CPD) published a Federal Register notice on December 8, extending the date by which CPD programs must fully implement and comply with the income and asset requirements of the “Housing Opportunity Through Modernization Act of 2016” (HOTMA) final…

GAO Releases Report on National Housing Trust Fund

The Government Accountability Office (GAO) released Affordable Housing: Improvements Needed in HUD’s Oversight of the Housing Trust Fund Program (GAO-23-105370) on August 8. The GAO report provides information about 70 projects completed with support from the national Housing Trust Fund (HTF) in 12…

HUD Publishes Final NSPIRE Rule

HUD published the final rule implementing the National Standards for Physical Inspection of Real Estate (NSPIRE) in the Federal Register on May 11. A proposed rule was published on January 13, 2021 (see Memo, 1/19/21), for which NLIHC submitted comments (see Memo, 3/22/21). NSPIRE seeks to…