HUD delays new rules for affordable housing funds, again

The US Department of Housing and Urban Development (HUD) has once again postponed new rules for its HOME Investment Partnerships Program. This means local governments and housing developers will continue to operate under older, less strict guidelines for how they use federal money to build and renovate affordable housing.

HUD has been trying to update these rules for years, but keeps pushing back the effective date. This repeated delay means that the program, which provides billions in federal aid, continues to operate with less oversight and flexibility than intended. It also means that local housing authorities and developers who have been preparing for the new rules now have more uncertainty.