Senator Tim Kaine (D-VA) and Representative Scott Peters (D-CA) recently introduced the “Fair Housing Improvement Act” to protect veterans and low-income families from housing discrimination.
The White House budget proposal seeks an increase to the LIHTC program. The fiscal 2024 plan calls for a $28 billion expansion in LIHTCs over 10 years as well as lowering the 50 percent bond test to 25 percent.
HUD recently announced that it plans to restore the 2013 “discriminatory effects” rule to the Fair Housing Act (FHA). HUD has submitted to the Federal Register the final rule, which rescinds a 2020 rule governing “disparate impact” claims and restores the 2013...
The Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) are requesting public comment on background screening issues affecting individuals who seek rental housing in the United States, including how the use of criminal and eviction records and algorithms affect...
The Department of Treasury and Internal Revenue Service recently released IRS Notice 2023-17, which details a new bonus tax credit for certain low-income multifamily projects, including Low-Income House Tax Credit (LIHTC) projects, that...
The White House is leading an initiative on resident-centered property management solutions and is soliciting best practices. In addition, President Biden, in the past, has expressed support to expand protections for renters through a “Bill of Rights.”
HUD normally publishes income limits on April 1. However, HUD recently announced that it intends to release the FY23 median family income and income limits on or about May 15, 2023, which is...
HUD, the U.S. Department of Veterans Affairs (VA), and the U.S. Interagency Council on Homelessness (USICH) recently announced preliminary results of the 2022 Point-in-Time (PIT) Count showing an 11 percent decline in veteran homelessness since early 2020, the last time a full count was...
Washington, D.C., Attorney General Karl Racine recently announced a settlement requiring three real estate firms and its executives to pay a landmark $10 million in penalties for illegally discriminating against renters in the District who use Section 8 housing vouchers and other forms of...
