Upcoming Event

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  Spring Policy Forum (2010)

  Affordable housing, historic rehabilitation and New Markets Tax Credit development is governed by a complex and constantly evolving array of laws and regulations. As our industry struggles to respond to the new economic reality, key public policy makers in Congress, the White House, HUD, the Treasury Department and other government agencies will be playing outsized roles that will determine the future of our business as we know it. NH&RA will be convening these leaders along side leading tax credit developers and professionals to explore the critical nexus between public policy environment and affordable housing development at NH&RA's 2010 Affordable Housing Policy Forum, May 20-21 at the Liaison Hotel in Washington, DC. read more

News & Articles

• White House FY 2011 Budget Calls for Funding Reductions at HUD

  On February 1, the White House unveiled a proposed federal budget for Fiscal Year 2011 that calls for overall funding cuts at numerous federal agencies, including at the U.S. Department of Housing and Urban Development (HUD). Fiscal Year 2011 begins October 1st. more

• CORRECTED: Chairman Frank To Consider Plan to Abolish Fannie Mae and Freddie Mac

  U.S. Representative Barney Frank (D-MA), chairman of the House Financial Services Committee, recently announced that the government-backed mortgage finance giants, Fannie Mae and Freddie Mac are likely to be abolished and replaced with a new system for housing finance. more

• Department of Energy Updates Eligibility Provisions for Multifamily Using Weatherization Funds

  NH&RA's Council for Energy Friendly Affordable Housing (CEFAH) is pleased to announce that the U.S. Department of Energy (DOE) is amending the eligibility provisions applicable to multi-unit buildings under the Weatherization Assistance Program for Low-Income Persons. The new regulations will make it easier for owners of HUD, LIHTC and USDA assisted apartments to utilize weatherization grants. CEFAH will be providing its members with in-depth analysis of this new rule. CEFAH is a working group of some of the most active owners and managers of affordable housing. Its goal is to identify areas where significant savings could be found and work with policymakers to obtain regulatory and legislative changes that make such improvements feasible and permissible. Click here to learn more about CEFAH.

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