Stay up to date on all of NALHFA’s activities. Our news and releases will share important organization information,industry updates, and more.
NALHFA Releases 2021 Year in Review
Posted By NALHFA, Wednesday, February 23, 2022
NALHFA has released its 2021 Year in Review report that shares notable achievements in membership, advocacy, education, and more. NALHFA is proud to serve its members and the affordable housing community as a whole.
Click here to access the report.
NALHFA Signs onto Coalition Letter on Biden Administration’s FY23 Budget Request
Posted By NALHFA, Wednesday, February 23, 2022
NALHFA joined industry partners in sending a letter to the Biden Administration and the Secretary of HUD calling for robust funding for affordable housing programs that provide safe and sustainable housing to communities who need it the most. The letter cites the exacerbated effects the pandemic had on already strained housing needs and struggling communities.
Click here to read the letter.
Freddie Mac Releases FHFA Housing Goals for 2022-2024
Posted By NALHFA, Wednesday, February 23, 2022
Recently, the Federal Housing finance Agency (FHFA) issued a final rule for Fannie Mae and Freddie Mac through 2024 that outlines goals for both single-family and multifamily housing as well as benchmarks for achieving these objectives. The overarching goal across the industry is to promote safe, sustainable, and affordable housing for populations in need and provide communities support to keep their residents safe and secure.
Click here to read more.
HUD Releases 2021 Annual Homeless Assessment Report
Posted By NALHFA, Wednesday, February 23, 2022
Recently, the Department of Housing and Urban Development released a new report, 2021 Annual Homeless Assessment Report Part 1. This report notes over 326,000 people experienced sheltered homelessness, or prople experiencing homelessness that can be found in temporary housing, in the United States on a daily basis in 2021. This is an 8% decrease from 2020. There were some additional statistics that saw a significant decrease between 2020 and 2021 including families with children and veterans. However, the number of sheltered individuals who were experiencing chronic homelessness increased by 20%, reaffirming the criticality of providing safe, affordable, and sustainable housing to those who need it the most.
Click here to read more.
HUD Releases a Consolidated Notice on CDBG
Posted By NALHFA, Wednesday, February 23, 2022
The Department of Housing and Urban Development published a Consolidated Notice earlier this month that combines requirements from several Federal Register notices and CPD Notices that have previously guided the allocation of CDBG funds. This centralizes requirements for this funding and provides a unified resource that includes Fact Sheets and Training to help participants understand and learn about CDBG funds.
Submit Award of Excellence Nominations by March 4
Posted By NALHFA, Wednesday, February 23, 2022
The NALHFA Award of Excellence is the most prestigious national recognition of local housing finance agencies and the critical work that they do in their local communities to provide affordable housing. NALHFA's Awards Committee will once again be recognizing outstanding projects from local housing finance agencies from across the country in the following categories:
- Multifamily Excellence,
- Single-Family Excellence,
- HOME Excellence, and
- Redevelopment Excellence.
If your organization has completed an outstanding project that you believe deserves national recognition, then make sure to submit your application for the 2022 NALHFA Award of Excellence Program.All applications must be received by Friday, March 4.
To read more, click here.
Deadline to Submit Session Proposals for the NALHFA 2022 Annual Conference is February 11
Posted By NALHFA, Tuesday, February 1, 2022
The NALHFA Conference Planning Committee is in the process of planning the 2022 Annual Conference and they want to hear from you! The committee is requesting proposals for sessions that would be held during the conference on April 24-27, 2022.
NALHFA is looking for session proposals for the following education tracks on a broad range topics:
- Policy, Regulation, and Technology
- Single Family Housing
- Multifamily Housing
Proposals are due Friday, February 11, 2022.
Click here to read more.
Biden Continues to Push Smaller Build Back Better Package as Key Deadlines Loom
Posted By NALHFA, Tuesday, February 1, 2022
Last week, President Biden endorsed breaking up the Build Back Better (BBB) reconciliation package into smaller pieces in order to pass the provisions that Democrats can agree on. Biden specifically cited the $550 billion in climate-related provisions as one area of agreement, which key centrist Sen. Joe Manchin (D-WV) has signaled he would support—though it isn’t guaranteed that more progressive senators will fall in line behind a smaller bill. A BBB 2.0 is expected to emerge at some point before March 1—the date of President Biden’s first State of the Union address.
Meanwhile, the current continuing resolution (CR) is scheduled to expire on February 18, giving Congress just three weeks to hash out an agreement on spending levels for fiscal year 2022. The House has passed 9 of 12 appropriations bills thus far, while the Senate has passed zero. Both House Speaker Nancy Pelosi (D-CA) and Senate Appropriations Committee Ranking Member Richard Shelby (R-AL) have publicly expressed strong opposition to another CR, though many others in Congress have conceded they may not be able to meet the February 18 deadline.
Voting Rights Bill Blocked in Senate
Posted By NALHFA, Tuesday, February 1, 2022
The Senate failed to pass federal voting rights legislation last week after Democrats failed to unify around a proposal to modify the Senate filibuster rules to allow the measure to pass by a simple majority vote. As expected, moderate Democratic senators Joe Manchin (D-WV) and Kyrsten Sinema (D-AZ) joined all 50 Republican senators to oppose the rules change.
The voting rights package contained various measures that were intended to counter state level voting changes passed by Republican-controlled state legislatures over the past year. These included nationwide standards for ballot access, mandatory early voting and absentee ballots, new voter registration programs, and more. While Democratic leadership has said they will leave open the option to reconsider the measure at a later date, last week’s vote leaves virtually no path forward for the bill given the current makeup of the Senate.
Post Investment Group Joins NALHFA
Posted By NALHFA, Tuesday, February 1, 2022
The National Association of Local Housing Finance Agencies (NALHFA) announced that Post Investment Group is its newest member.
Established in 2007, Post Investment Group is a real estate investment firm dedicated to the creation and preservation of low income and workforce housing. In partnership with local housing finance agencies and non-profit organizations, Post owns in excess of 15,000 apartment units across the country.
Post Investment Group is vertically integrated featuring in-house acquisitions, development, property and asset management, construction, HR, IT, accounting, compliance and legal. These departments allow Post to structure and oversee affordable and workforce housing solutions in a creative and efficient manner. Headquartered in Los Angeles, CA and Dallas, TX, Post has a footprint spanning over 25 states across the country.
Click here to read more.
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