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HUD's Office of Multifamily Housing published a Mortgagee Letter & Housing Notice, revising the Federal Housing Administration (FHA) Multifamily property insurance requirements for wind and named storm coverage by increasing the maximum casualty insurance deductible amount for wind or...
HUD has announced Tenant Protection Voucher (TPV) funding awards for fiscal year 2023 (FY23). HUD is awarding $139 million of new budget authority to recipient PHAs for 12,694 Housing Choice Vouchers (HCVs). PHAs were awarded these funds on an as-needed, non-...
Current Issues
On March 11, 2024, the Biden Administration released its budget proposal for Fiscal Year 2025 (FY25). For the Department of Housing and Urban Development (HUD), the Budget requests $72.6 billion in discretionary budget authority for FY25, a $2.531 billion increase or 3.6 percent increase from the FY24 enacted level.
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CLPHA members represent the nation’s largest public housing authorities, who together manage nearly 40 percent of all public housing and administer more than a quarter of the Housing Choice Voucher program.