We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
On Oct. 9, the CDC issued FAQs for the eviction moratorium in place from Sept. 4 through Dec. 30. The FAQs were issued jointly by the CDC, HUD, the Department of Health and Human Services (HHS), and the Department of Justice (DOJ) to clarify outstanding questions related to the declaration used by tenants to certify eligibility for the protections, as well as timing for housing providers initiating evictions.
Senate Finance Committee ranking member Ron Wyden (D-Ore.), along with Senators Jeff Merkley (D-Ore.), Dianne Feinstein (D-Calif.), Patty Murray (D-Wash.), and Kamala Harris (D-Calif.), recently introduced a bill in the Senate to offer tax relief to individuals, businesses, and states affected by catastrophic wildfires, such as the ones devastating California, Oregon, and Washington, along with other presidentially declared disasters, such as Hurricane Sally, which has ...
The Center on Budget and Policy Priorities (CBPP) recently launched a Final 30 Days Push campaign to help eligible people apply for their Economic Impact Payments (EIPs), better known as “stimulus checks,” before the Oct. 15 deadline. According to the IRS, there are roughly nine million Americans who typically don’t file federal income tax returns who may be eligible for, but have not registered to claim, an economic impact payment.
U.S. renters will owe up to $34 billion in past-due rent by January, increasing eviction filings and imposing punishing financial hardship on millions in just a few months, according to a recent report by the National Council of State Housing Agencies (NCSHA). The report estimates roughly 10–14 million renter households were behind on their rent by a total of roughly $12–$17 billion as of Sept. 14.
Senate Democrats recently announced a proposal to invest $350 billion in communities of color, including specific policies that would increase investments in affordable housing and promote racial equity in homeownership.
The Economic Justice Act proposes to provide communities of color disproportionately affected by coronavirus with $135 billion for child care, mental health care, primary care, and jobs, as well as $215 billion over the next five years for afforda...
The U.S. Government Accountability Office (GAO) recently reported changes in renter households and affordability from 2001 to 2017. The report, “As More Households Rent, the Poorest Face Affordability and Housing Quality Challenges,” is the first in a GAO series that aims to provide a detailed assessment of the country’s housing market. It describes rental housing trends, including rental affordability and rental housing quality.
Because of the economic uncertainty related to the ongoing pandemic, the Federal Housing Finance Agency (FHFA) recently proposed that its 2021 housing goals remain at the levels that they were for 2018–2020. The proposal establishes housing goals for single-family and multifamily housing.
Senator Ron Wyden of Oregon, the ranking member of the Senate Finance Committee, recently released a list of affordable housing priorities he will push for in the next round of COVID-19 relief legislation. His priorities are directed toward supporting LIHTC sites. Wyden’s focus on preserving and expanding affordable housing through the LIHTC program is particularly notable because he would become chairman of the committee should Democrats take the Senate in the fa...
In late March, HUD released the latest annual report that analyzes LIHTC household data collected as a result of the Housing and Economic Recovery Act (HERA) passed in 2008. Among other things, HERA requires each housing finance agency (HFA) that administers the LIHTC to submit certain demographic and economic information on tenants in LIHTC units. HUD collects information about race, ethnicity, family composition, age, income, use of rental assistance, disability statu...
Harvard’s Joint Center for Housing Studies (JCHS) recently released its annual “America’s Rental Housing 2020” report. The new report shows that rental markets are still extremely tight despite slowing demand and the continued strength of new construction. The JCHS report finds vacancy rates at the lowest level since the mid-1980s and rents continuing their climb for the seventh year straight.
RSS