Congress passes 21st Century ROAD to Housing Act, sends bill to Trump
The 21st Century ROAD to Housing Act passed the House of Representatives after clearing the Senate and now heads to President Donald Trump’s desk for signature in the coming days.
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White House backs deregulation as it looks to address estimated 10M housing deficit
White House ties housing costs to overregulation and a deficit of 10 million single-family homes as builders face high costs and shrinking margins.
White House expects reverse mortgages to continue producing government receipts
The White House expects continued performance from the HECM portion of the MMI Fund, according to a recent budget document.
Trump administration eyes deep cuts to Section 8 housing vouchers
According to The New York Times, the Trump administration is considering dismantling existing aid and replacing it with state-run grants.
Federal judge orders release of DOGE operational records
The decision marks a significant victory for transparency advocates who seek insight into DOGE’s role in the federal workforce reductions and the dismantling of government agencies under the Trump administration.
NC governor needs $1.4B in block grants for post-Helene recovery. That could be a problem
The governor has requested additional funding from Congress, but the possibility of deep HUD cuts complicates the path ahead.
Massive FHA cuts would create dysfunction for mortgage industry, homeowners: ex-official
A large-scale layoff at FHA could damage mortgage lenders and investors who rely on popular programs like Section 8 and Section 202, an ex official said.
Trump tariffs on Canada, China and Mexico go into effect Saturday
According to multiple news outlets, President Donald Trump will enact tariffs on goods imported from three major U.S. trade partners. The plan goes into effect Saturday, the White House confirmed, with 25% tariffs on Canada and Mexico, along with 10% tariffs on China.
Senate leaders sound off on Scott Turner’s HUD nomination
Tim Scott and Elizabeth Warren, who are likely to be influential in the Senate Banking Committee in 2025, weighed in on the HUD nominee.