rent increases
Major Federal Housing Policy Changes
Below is information from the National Housing Resource Center about a series of significant policy changes recently announced by the Federal Housing Administration (FHA) and the Federal Housing Finance Agency (FHFA). These changes impact mortgage eligibility, tenant protections, housing equity efforts, and fair lending requirements. FHA Changes – Effective May 25, 2025 Residency Requirement Update: Only U.S. citizens and lawful permanent residents will be eligible for FHA-insured loans. Non-permanent residents will no longer qualify for FHA financing. Borrowers must provide valid documentation, such as a Permanent Resident Card (Green Card) Read the mortgagee letter here. (Link opens a PDF.) The ...