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September 6, 2019

Treasury and HUD’s Housing Finance Reform Plans Contain Few Surprises (or Critical Details)

Roughly 11 years after Fannie Mae and Freddie Mac were put into conservatorship, and almost six months after the president issued his Memorandum on Housing Finance Reform, the United States Treasury and the Department of Housing and Urban Development have put out their respective housing reform plans.
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Jul17

Reforming Disaster Recovery Act Advances out of House Financial Services Committee with Unanimous Bipartisan Support

On July 16, the House Financial Services advanced the Reforming Disaster Recovery Act of of 2019 (H.R. 3702) with unanimous bipartisan support. The bill would strengthen and permanently authorize the Community Development Block Grant - Disaster Recovery (CDBG-DR) Program at HUD.
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Jun25

Enterprise and National Partners Applaud Bipartisan Legislation to Prevent Premature Loss of Housing Credit Properties

Today legislators introduced a bipartisan bill, The Save Affordable Housing Act of 2019, that would make a crucial correction to the Qualified Contract (QC) provision in Section 42 of the Internal Revenue Code and save thousands of Low-Income Housing Tax Credit (Housing Credit) properties from prematurely converting to market rate.
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Jun25

JCHS’ State of the Nation’s Housing 2019 Report Shows that Renters Remain Widely Cost Burdened Even as Burden Rates Declined Slightly

Today the Joint Center for Housing Studies (JCHS) at Harvard University released the State of the Nation’s Housing 2019, its annual assessment of the housing market, demographic trends and the housing challenges faced by U.S. households.
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Jun24

Strategic Growth Council Approves $402 Million in Round 4 AHSC Awards

On June 21, the Strategic Growth Council approved awards totaling $402 million to 25 Affordable Housing and Sustainable Communities Program developments throughout California. Enterprise is a statewide technical assistance provider and worked with 20 of the 25 successful applications.
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