Congressional lawmakers next week are expected to take up legislation meant to finalize fiscal 2024 funding bills before the latest continuing resolutions lapse.

USDA plans revisions to its single-family housing loan guarantee program guide; HUD raises civil monetary penalties; USDA lowers interest rates for its direct loan program; NAIHC names new executive director; FHA and USDA offer training opportunities in March.

Top Congressional leaders have announced a deal on six bills that will fund several federal agencies, including HUD, USDA and VA.

FHA is increasing the maximum loan limits for Title I manufactured housing to 15% above the average home price based on Census data for each given type of loan.

Servicers can begin offering the new option May 1, but must make it available by Jan. 1, 2025.

Department of Housing and Urban Development Chief of Staff Julienne Joseph this week provided an update on anticipated policy changes to the FHA single-family home loan program.

House passes tax bill with LIHTC provisions; FHA finalizes rules on branch office registration requirements; HUD to hold meeting of the Manufactured Housing Consensus Committee; and other news.

Panel discussions at the summit covered Ginnie’s digital collateral, social impact investing and manufactured housing, among other topics.

President Biden late last week signed a short-term continuing resolution to keep federal agencies open through March 1.

HUD Secretary Marcia Fudge last week indicated she’d be willing to revisit the FHA mortgage insurance policy that requires borrowers to pay premiums for the life of the loan.