News
Flood, Cleaver Introduce HOME Reform Act
This week Chairman Mike Flood (R-NE) and Ranking Member Emanuel Cleaver (D-MO) of the Housing and Insurance Subcommittee of the House Financial Services Committee introduced the HOME Reform Act of 2025 (H.R. 5798) that would make numerous changes to the administration of the HOME Investment Partnerships Program. A summary of the most significant changes included in the bill follows.
HUD, USDA and Treasury Government Shutdown Contingency Plans
Read the government agency shutdown contingency plans.
HUD: New HUD Guidance: Preservation Rent Increase for RAD for PRAC Conversions
On Friday, the U.S. Department of Housing and Urban Development (HUD) published Housing Notice 2025-04, introducing important updates to the Preservation Rent Increase for eligible Section 202 Project Rental Assistance Contract (PRAC) properties pursuing a Rental Assistance Demonstration (RAD) conversion.
August Regulatory Alert
FY 2026 Funding Bills for the Department of Housing and Urban Development and the United States Department of Agriculture Advance
Both the House of Representatives and the Senate are continuing to advance their various appropriations bills that will fund the federal government in Fiscal Year (FY) 2026, which begins on October 1, 2025.