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.
On July 26, U.S. Senators Brian Schatz (D-HI) and Todd Young (R-IN) introduced new legislation that would improve and permanently authorize the Community Development Block Grant – Disaster Recovery (CDBG-DR) Program.
This quarter’s Housing Tenure Trends report describes the homeowner and rentership rates of U.S. households as of the second quarter of 2019 and also takes a deeper dive into racial tenure disparities and their implications for housing affordability, wealth inequality, and access to opportunity.
The Enterprise Policy Development & Research (PD&R) team released its new report on Overcoming Barriers to Bringing Off-Site Construction to Scale at Enterprise’s 10th annual Affordable Housing Design Leadership Institute (AHDLI) in Cleveland, Ohio.
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.
In Cleveland, Enterprise has worked hard using the Enterprise Rose Fellowship and the Institute, among other powerful tools, to make sure that well-designed affordable homes have ripple effects throughout the community.
Featuring more than 1,400 real estate and community development professionals from Richmond to Baltimore, the event’s theme was “Holding Ourselves Accountable: Bold Housing Solutions for Every Sector & Every Jurisdiction.”
In high-pressure real estate markets such as Seattle and King County, early learning facilities are often squeezed out, not only exacerbating the crisis, but also causing disruption to what should be a stabilizing presence in the lives of families and for our neighborhoods.
Furthering our Home and Hope goals beyond Washington, Enterprise is having conversations to bring together affordable housing providers and early learning providers, along with government and philanthropic organizations, in Oregon.
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.
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.
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.
On June 18, the House Ways and Means Committee marked-up and passed four bills, including H.R. 3301, The Taxpayer Certainty and Disaster Tax Relief Act of 2019, which would extend the New Markets Tax Credit (NMTC) through the end of 2020.