Mortgages

R. Wade Norris has joined the Washington, D.C., office of Dinsmore & Shoal as a partner to shore up operations in the firm's work in multifamily finance and public private partnerships.

The Senate passed the ROAD to Housing Act, which should boost the use of mortgage revenue bonds, as a rider on the Defense Reauthorization Act.

Four hired as counsel and seven other staff members are bulking up the team's D.C. and New York offices. 

A bill to provide state credit support for housing finance and another to create an infrastructure bank were placed in the legislature's suspense file.

Changes in how Low-Income Housing Tax Credits are awarded has bond attorneys searching for answers in government offices that have been hollowed out through layoffs and retirements.

The commission also approved an audit for the financially troubled Winston-Salem/Forsyth County School District.

Provisions of the One Big Beautiful Bill Act are beginning to take effect as the FHFA has doubled the cap on Low Income Housing Tax Credits, which should boost the issuance of private activity bonds.

The Senate Banking Committee has advanced the first bipartisan housing legislation in more than a decade with loosened restrictions on housing credits and housing bonds.

The Senate Committee on Appropriations released its version of the Transportation Housing and Urban Development and Related Agencies Act which contains more money for the public transit than the House version.

The National League of Cities rolled out its annual report showcasing the challenges facing mayors, including the end of BIL funding and a steady diet of uncertainty about the flow of future federal dollars.