House passage of H.R. 7024 will enhance the Low-Income Housing Tax Credit and support affordable housing nationwide through the construction and rehabilitation of housing for low- and moderate-income households.
Read More »Peter Lillestolen to Oversee Affordable Housing for Freddie Mac Multifamily
A 12-year veteran of the GSE, Peter Lillestolen will manage Freddie Mac’s affordable housing retail business, Low-Income Housing Tax Credit (LIHTC) equity, as well as senior housing initiatives.
Read More »Fannie Mae Multifamily Ends 2022 With Nearly $70B in Overall Volume
Marking the 35th anniversary of its DUS platform, the GSE continues to support its mission to provide access to affordable housing nationwide.
Read More »FHA Proposes Changes to Manufactured Homes Rules
In line with the Biden Administration’s previously announced Housing Supply Action Plan, the FHA’s proposed rule sets forth a methodology for regularly adjusting the limits on loans that finance manufactured homes titled as personal property.
Read More »Trade Groups Seek FHA Mortgage Insurance Premium Reduction
In a letter to the White House, NAR, the MBA, NAHB and MHI have submitted a letter asking for the FHA to cut its mortgage insurance premium by helping increase wealth nationwide.
Read More »Under Threat: The Environment and America’s Rental Market
Owning a home is the gold-standard of housing security. But for those who cannot afford to buy, they rent—and as of late, the market share of renters has steadily risen in light of new housing trends that started two years ...
Read More »New FHFA Initiative Aimed at Narrowing the Homeownership Gap
The Biden Administration and the FHFA have announced several new initiatives to combat housing inequality, including the GSE investment of up to $850 million annually in Low-Income Housing Tax Credits.
Read More »DASH Act Introduced to Ensure Housing Stability
Senate Finance Committee Chair Ron Wyden has introduced new legislation to tackle the housing affordability crisis and expand homeownership opportunities.
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