Search Results

On November 9, the U.S. Department of Housing and Urban Development (HUD) released a Notice of Intent for a department-wide reorganization, scheduled for publication in the Federal Register on November 10. The changes are intended to eliminate redundancies, streamline operations, and consolidate administrative functions so HUD can “deliver its mission with current resources following significant staffing losses.” HUD proposes no office closures or staff relocations, and implementation is expected to begin roughly 90 days after publication, in early 2027.

On November 5, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) announced the Qualified Opportunity Zone (QOZ) designations for the ten-year period beginning in calendar year 2027. In total, 6,576 census tracts across all 50 states, the District of Columbia and the territories were designated, of which 2,594 were located in rural areas.