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Senate and House Reach Tax Deal: What’s in Store for Housing

On Wednesday, the Senate and House negotiators reached an agreement in conference to work out the differences between their two bills. Although the final tax bill is still to be finalized, the proposals the House and Senate have already voted on could create a significant impact on housing.

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Housing Relief Efforts in Effect

In a recent announcement, the Federal Home Loan Bank of New York reported the second highest annual award amount in the bank’s Affordable Housing Program history—which will result in creation or rehabilitation of nearly 2,900 housing units.

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HUD Secretary Vows to “Ease the Pressure” of Homelessness

On Wednesday, HUD released the latest national estimate for homelessness—reporting 553,742 people experience homelessness every night. Although some areas are not as severely impacted as others, Secretary Carson is making greater efforts to reduce homelessness across the board.

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