The Obama administration has released a long-awaited housing finance reform plan that aims to return the primary role in the mortgage market to the private sector, cutting back federal support and winding down the operations of Fannie Mae and Freddie Mac.
The Obama administration has sent to Congress a fiscal 2012 Department of Housing and Urban Development (HUD) budget with a mix of program increases and reductions, boosting funding for Sec. 8 and homeless assistance while cutting Community Development Bl
Housing advocates may be on the defensive this year if deficit-reduction efforts gain traction because housingrelated tax incentives ranging from the low-income housing tax credit (LIHTC) to the home mortgage interest deduction could be targets.
The Department of Housing and Urban Development (HUD) has issued proposed regulations for the affordable housing trust fund created by the Housing and Economic Recovery Act of 2008 (HERA), linking the regulations to the existing HOME program regulations t
Congress appeared headed for adjournment for the November elections without taking final action on a tax extender bill that includes a number of critical housing-related provisions, including funding for the national affordable housing trust fund and a re