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The National Housing Insitute supports the individuals and organizations that work to create healthy and thriving communities. NHI is at the intersection of theory, practice and policy in commununity development. We support the field through our quarterly magazine, Shelterforce, as well as through research, convenings, and our community development blog, Rooflines.
March 6 · Industry News »
New Regulations for Loan Modification and Refinance
The Obama Administration’s $75 billion Making Home Affordable program was announced this week along with the possibility that it could help three million to four million families avoid foreclosure.
The announcement comes only weeks after the administration announced its Homeowner Affordability and Stability plan that would offer up to $200 billion to support low mortgage rates by “strengthening confidence” in Fannie Mae and Freddie Mac, the government-controlled mortgage finance companies—monies that were made available through the Housing and Economic Recovery Act. more
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New Consolidated Plan Better Supports Community Investment Decisions
Mercedes Márquez, HUD's assistant secretary for community and planning development, outlines changes to HUD's Consolidated Plan. These changes are intended to streamline the application process, making it easier to comply with requirements. In addition, the expanded data and new mapping tool will serve as resources in analyzing local need and targeting strategies to address local challenges.
National Housing Institute
