HUD: $173.9 Million in New Loans and Grants Awarded Through Green and Resilient Retrofit Program Comprehensive and Elements

On December 21, 2023, HUD’s Office of Multifamily Housing sent out the following information: Dear Multifamily Owners and Operators,  Today we have awarded approximately $173.9 million in grant funding and loan commitments under the Green and Resilient Retrofit Program (GRRP) to support energy efficiency, electrification, clean energy, low embodied carbon materials, and climate resilience improvements in 30 HUD-assisted…

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FHFA Announces Increase in the Enterprises’ LIHTC Cap

December 21, 2023 — FHFA FHFA Announces Increase in the Enterprises’ LIHTC Cap   FHFA Announces Increase in the Enterprises’ LIHTC Cap Projects must remain affordable for 30 years. FOR IMMEDIATE RELEASE 12/21/2023 ​​​​​​Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will each be allowed…

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USDA Rural Development Announces Angilla Denton as Deputy Administrator for Multi-Family Housing

On December 6, 2023, USDA sent out the following Stakeholder Announcement: WASHINGTON, Dec. 6, 2023 – The U.S. Department of Agriculture (USDA) today announced Angilla Denton, Rural Development’s Chief Risk Officer, has been selected to serve as the Rural Housing Service (RHS) Deputy Administrator for Multi-Family Housing.   “Angilla Denton has dedicated her career to serving rural American families, and I…

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