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Federal Budget Community Development

Ballard Spahr LLP

Housing Industry Update 2025 - Mid-Year Report

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Across the United States, empty office buildings have become a common sight. According to Moody’s Analytics, office vacancies are at their highest since the 1990s. The COVID hangover has left us with an abundance of vacant or...more

Holland & Knight LLP

House Releases FY 2024 Community Project Funding Guidance

Holland & Knight LLP on

House Appropriations Committee Chairwoman Kay Granger (R-Texas) on Feb. 28, 2023, released the fiscal year (FY) 2024 guidance for Community Project Funding (CPF), also known as earmarks. Community project funding allows House...more

Holland & Knight LLP

Congress Launches FY 2023 Community Project Funding Process After Successful Revival

Holland & Knight LLP on

President Joe Biden signed into law the $1.5 trillion Consolidated Appropriations Act of 2022 (the Omnibus) (Public Law No. 117-103) on March 15, 2022. Included in the Omnibus for the first time in a decade was a large...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

Ballard Spahr LLP on

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

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