FHA Multifamily Loans Take 9 to 12 Months to Close. The Faster Fix Is Administrative.
A bipartisan caucus agenda and the FHA Commissioner hearing point at the same problem: how long FHA multifamily loans take to close.
Insights
Commentary on real estate capital markets, housing policy and healthcare real estate from David Opalek, founder of Dane Isaac Associates.
USDA and HUD Agree to Coordinate Reviews and Inspections for Rural Housing
A September 29 USDA-HUD memorandum under the ROAD to Housing Act aims at one environmental review and one inspection for dual-funded rural projects.
Opportunity Zones 2.0: Governors Redraw the Map by September 28
Governors nominate Opportunity Zone tracts by September 28 under tighter eligibility. What the OZ 1.0 record says about housing and affordability.
FY2027 Fair Market Rents Arrive With a New Utility Methodology
HUD's FY2027 Fair Market Rents take effect October 1 with a new utility cost method after BLS discontinued the local CPI series.
The ROAD to Housing Act Raises the RAD Cap to 555,000 Units
The ROAD to Housing Act lifts the Rental Assistance Demonstration cap by 100,000 units and writes RAD tenant protections into statute.
HUD's Work Requirement Proposal Makes Tenant Eligibility a Market-by-Market Variable
HUD's proposed work requirement and term limit rule is optional by agency and owner, which turns tenant eligibility into a diligence item.
California Awards $239 Million in Gap Financing to 20 Stalled Affordable Housing Projects
California's Multifamily Housing Program gap fund awarded nearly $239 million to 20 construction-ready projects short of closing capital.
The LIHTC Carryback Bill Targets Investor Demand, Where Credit Pricing Is Under Pressure
S. 5366 would extend the Housing Credit carryback from one year to five, widening the pool of investors who can use credits as supply expands.
JPMorganChase Commits $750 Billion to Housing. Where It Lands in the Capital Stack Is the Question.
JPMorganChase's $750 billion American Dream Initiative targets households under 120% of AMI. What that means for LIHTC and HUD-financed deals.
The Senate's Continuing Resolution Keeps Vouchers Funded Through December 11 and Settles Nothing for FY27
The August 2 Senate continuing resolution repurposes voucher funds and extends homeless assistance grants, but leaves FY27 HUD funding unresolved.