Gov. Newsom's budget proposal aims to balance California's projected $38 billion deficit through a combination of cuts, deferrals, and the use of reserves.
The Low-Income Housing Tax Credit, otherwise known as the Housing Credit, is the nation’s number one tool for financing the production and preservation of affordable rental homes. So how can we expand access to this crucial tool for Black, Indigenous, and People of Color (BIPOC) and other historically marginalized housing providers?
On October 18, Senate Appropriations Committee Chairman Patrick Leahy released the committee’s nine remaining Fiscal Year 2022 ppropriations bills, including proposed spending bills for HUD and Treasury.
The FY22 THUD spending also includes the Reforming Disaster Recovery Act (S.2471), legislation designed to accelerate assistance to disaster impacted communities by permanently authorizing the CDBG-DR program.
The Build Back Better Act includes proposed investments that would improve the prospects for mobility from poverty for millions of Americans by providing them with housing choice and equitable access to wealth-building .opportunities.
On November 3, the House Rules Committee released a significant text update, or manager’s amendment, modifying the new Build Back Better Act framework that was released on October 28.
After the passage of the bipartisan infrastructure bill, the focus turns to the Build Back Better package, which includes key provisions endorsed by California leaders.