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Federal Budget Affordable Housing

Cozen O'Connor

Pennsylvania Perspective for Monday, June 30, 2025

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Legislators to Miss Budget Deadline Again Amid $5.5B Gap, Policy Disputes -For the fourth consecutive year, Pennsylvania lawmakers have missed the June 30 budget deadline as negotiations stall over how to close a projected...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, May 29, 2025

Cozen O'Connor on

Gov. Shapiro Counters Federal Cuts with $50M Innovation Push - As the Trump administration slashes federal research funding, Governor Josh Shapiro (D) is proposing a $50 million state investment to boost Pennsylvania’s life...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, May 22, 2025

Cozen O'Connor on

PA’s 2025 Primary Elections Run Smoothly- Pennsylvania Secretary of the Commonwealth Al Schmidt called the 2025 primary elections “relatively calm and successful,” with only minor issues reported statewide. Despite the...more

Cozen O'Connor

Pennsylvania Perspective for Monday, April 21, 2025

Cozen O'Connor on

Gov. Shapiro Orders Flags to Half-Staff in Honor of Pope Francis- Governor Josh Shapiro (D) has ordered U.S. and Commonwealth flags to be flown at half-staff across Pennsylvania in honor of Pope Francis, who passed away...more

BCLP

Hong Kong 2024-25 Budget - Real Estate Sector Highlights, Green Initiatives and Other Updates

BCLP on

On 28 February 2024, Paul Chan, the Financial Secretary of Hong Kong, delivered the 2024-25 Budget (the “Budget”). Starting off by acknowledging the “challenging external environment” including “heightened geopolitical...more

Clark Hill PLC

Window on Washington – Vol. 6, Issue 32

Clark Hill PLC on

Outlook for This Week in the Nation’s Capital - Congress. The House and Senate are both in recess until Labor Day. Once they return, they will have a packed to-do list ahead of the November elections, which may include...more

Pillsbury Winthrop Shaw Pittman LLP

Impacts of the Omnibus Spending Plan on the Affordable Housing Industry

Trump’s Omnibus Spending Plan adopts two key provisions from the proposed Affordable Housing Credit Improvement Act that will strengthen and expand low-income housing credit. 2018 spending plan increases housing credit...more

Ballard Spahr LLP

Trump Administration Releases FY 2019 Budget Proposing 18.3% Reduction in HUD Funding

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This week, the Trump administration released its proposed budget for the 2019 fiscal year. Overall, the budget proposes an $8.8 billion (18.3%) reduction in the HUD budget from the 2017 enacted level, a more drastic cut than...more

Miles & Stockbridge P.C.

Trump Administration Proposes $6.2 Billion Budget Cut to HUD

Last week the Trump Administration issued its FY2018 federal budget, which begins October 1. The plan would reduce HUD funding by $6.2 billion, changing the agency’s total funding from $46.9 billion in 2017 to $40.7 billion....more

Ballard Spahr LLP

McClain Weighs in on Potential Effect of Trump Budget Cuts on Affordable Housing

Ballard Spahr LLP on

In an interview with U.S. News and World Reports on “The Future of Affordable Housing in the Trump Era,” Amy McClain, who leads Ballard Spahr’s government-assisted housing practice (and is a frequent Housing Plus blogger),...more

Ballard Spahr LLP

Administration’s OMB budget blueprint proposes 13% cut and elimination of many HUD programs

Ballard Spahr LLP on

The Office of Management and Budget (“OMB”) released the Trump administration’s budget blueprint today, providing a general overview of the budget request it intends to present to Congress later this Spring. As outlined, the...more

Ballard Spahr LLP

Action Needed – FY 2016 Appropriations Bill may cut HOME program funding by 93%

Ballard Spahr LLP on

The Fiscal Year 2016 Transportation, Housing and Urban Development, and Related Agencies (THUD) Subcommittee has proposed critical markups to the Year 2016 Appropriations Bill. One of the most dramatic funding cuts all but...more

Ballard Spahr LLP

The future of multifamily housing bonds?

Ballard Spahr LLP on

Earlier this year, President Obama included within his Administration’s budget to Congress certain tax proposals. Among those was a proposal to allow states to convert up to 8 percent of their private activity bond (PAB)...more

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