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Coalition presses for stronger federal flood response, eyes ROAD to Housing Act

Disaster Relief, FEMA, Flood, HWmember, Kentucky, National Flood Insurance Program, Natural Disaster, Ohio, Politics, Real Estate, Regulatory, Trump administration, Virginia, West Virginia /

A new multi-state coalition is warning that worsening floods across Appalachia — and the federal government’s uneven response — are heightening risks for communities, infrastructure and real estate markets across the region. The Appalachian Flood Resilience Coalition recently convened for the first time to examine Federal Emergency Management Agency (FEMA) funding fights, stalled mitigation programs […]

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Housing falls out of must-pass defense spending package

Housing, Politics, Politics and policy /

Key insight: The NDAA is one of Congress’ few must-pass measures, and has always attracted a raft of financial and other policy-realm riders. What’s at stake: The housing package would cut red tape for housing construction and let state and local governments use government funds to promote housing supply.  Forward look: House banking committee Chairman

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Inventory, affordability take center stage in House hearing

Affordability, Affordable housing, Congress, Home Prices, Homebuilders, House of Representatives, Housing Inventory, Housing Market, HWmember, Politics, Regulatory Compliance /

U.S. Rep. Mike Flood (R-Neb.) pressed federal housing officials Wednesday on what he described as costly and counterproductive red tape, using a House Financial Services Committee hearing to highlight regulations he feels are worsening the national housing shortage. The hearing focused heavily on interpretations of Build America, Buy America (BABA) requirements and their impacts on

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Connecticut governor signs bill to tackle affordable housing shortage

Affordable housing, Connecticut, Homelessness, Housing Market, HWmember, Legislation, Politics /

Connecticut Gov. Ned Lamont (D) on Wednesday signed a housing bill aimed at addressing the state’s shortage of affordable housing. H.B. 5002, a “much-debated” bill, according to CT Insider, passed during a special session in early November. The bill is a compromise from the version that Lamont had vetoed in June, which was followed by

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Will steep increases in health insurance premiums threaten U.S. homebuying?

Affordability, Healthcare, HWmember, Politics, Real Estate, Realtor.com, Redfin /

As Congress debates whether to extend Affordable Care Act (ACA) subsidies set to expire, Americans may face steep increases in health insurance premiums — a jolt that could directly threaten homebuying prospects and keep many current homeowners from staying afloat. Daryl Fairweather, chief economist at Redfin; Emma Freer, senior policy analyst for health care at

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Kevin Hassett is the rumored lead for Fed chair position

Donald Trump, Federal Open Market Committee, Federal Reserve, HWmember, Jerome Powell, Monetary policy, Mortgage, Politics, Regulatory, Trump administration /

Kevin Hassett, director of the White House National Economic Council, is the leading candidate to be the next Federal Reserve chair, advisers and allies of President Donald Trump told Bloomberg, as the deadline for a new Fed governor approaches. Trump has voiced his opposition to the current Fed leader, Jerome Powell. Trump has threatened to

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DOGE may be dead, but its deregulatory housing agenda lives on

CFPB, DOGE, Fair Housing, HUD, HWmember, National Fair Housing Alliance, Politics, Real Estate, Trump administration, Washington, D.C. /

The Trump administration has quietly dissolved U.S. DOGE Service — also known as the Department of Government Efficiency — according to multiple reports. “That doesn’t exist,” Office of Personnel Management (OPM) Director Scott Kupor told Reuters earlier this month when asked about DOGE’s status, adding that the department is no longer a “centralized entity.” In

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Judge dismisses charges against NY AG Letitia James

Donald Trump, HWmember, Lawsuit, Legal, Mortgage, Mortgage Fraud, Politics, Trump administration /

A federal judge has dismissed the criminal case against New York Attorney General Letitia James, ruling that the prosecutor who brought the charges was unlawfully appointed and therefore lacked legal authority to present the case to a grand jury. Senior U.S. District Judge Cameron McGowan Currie, sitting by designation in the Eastern District of Virginia,

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Senate Democrats demand GAO investigation into Pulte

Bill Pulte, Democratic Party, FHFA, HWmember, Mortgage, Mortgage Fraud, Politics, Regulatory, Senate, U.S. Senate /

A group of Senate Democrats has asked the Government Accountability Office (GAO) to investigate Federal Housing Finance Agency (FHFA) Director Bill Pulte and other employees over criminal referrals against several public figures as they seek to determine whether federal authority and resources were misused. In a letter sent Monday to Gene Dodaro, the Comptroller General

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HUD announces drastic changes to homelessness strategy

Affordable housing, Homelessness, HUD, HWmember, Politics, Scott Turner /

The Trump administration is preparing a major overhaul of its homelessness strategy, moving away from long-term housing support and reducing funding for those programs. The plan redirects Continuum of Care program resources toward short-term shelters that tie participation to employment and substance-abuse treatment. According to a statement from the U.S. Department of Housing and Urban

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