HUD’s Housing Finance Reform Plan largely focuses on reforming the work of the Federal Housing Administration (FHA). The plan calls for FHA to be a stand-alone government corporation within HUD. “To modernize FHA, Congress should re-charter it as an autonomous government corporation within HUD, which would provide the agency tools and resources necessary to make appropriate risk decisions to respond to changing markets,” the plan says.

Continuing Resolution

A Continuing Resolution (CR) to fund HUD programs after the October 1 start or fiscal year 2020 is all but guaranteed. Right now, talks are underway on Capitol Hill for a CR that lasts until sometime in November or even December.

This rule applies prospectively to determine the eligibility of persons wishing to immigrate to the US, obtain a green card to authorize employment or to obtain certain visas. Note that this rule will not be applied to immigrants currently in the country unless or until they seek to change or extend their immigration status.

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