Council for Energy Friendly Affordable Housing (CEFAH) is a working group of some of the most active owners and managers of affordable housing. The Council will retain legal and technical expertise to identify policy changes that could be made by Congress, HUD and state agencies to help encourage and finance energy conservation improvements. Approximately $5 billion – nearly 15% of HUD’s budget -- is spent annually on energy costs in assisted housing. Reducing this amount would free up a considerable sum of money for more productive uses. NH&RA launched CEFAH as a means to achieve policy changes to affordable housing programs that will facilitate owners’ abilities to retrofit and upgrade properties to achieve a higher degree of energy efficiency and utility cost savings.
Our 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. A few examples of actions that could be taken are adjusting HUD policies governing the use of replacement reserves and residual receipts, establishing a supplemental loan program for energy retrofit financing, and educating housing officials on which energy efficiency improvements make sense to support.
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National Housing & Rehabilitation Association is pleased to announce that it has released all PowerPoint slide presentations from the 2010 Summer Institute & Pre-Conference Symposium on New Markets Tax Credits. read more
Date Published: 07/28/2010
Tags: Tax Credits, LIHTC, NMTC, State Tax Credits, Affordable Housing, HUD, Rural Housing, Public Housing, Tax Exempt Bonds, IRS/Tax Issues, Congress, Mixed-Use Development, Multi-Family Finance, Green/Sustainable Housing, Hope VI
The Obama Administration this week announced a national conference in Washington, DC on August 17 that will help provide critical public input relating to its ongoing work to develop a comprehensive housing finance reform proposal. read more
Date Published: 07/28/2010
Tags: Affordable Housing, Multi-Family Finance
Yesterday, the House Financial Services Committee advanced two proposed bills to preserve affordable rental housing and revitalize public housing. read more
Date Published: 07/28/2010
Tags: Affordable Housing, Public Housing, Congress, Green/Sustainable Housing, Hope VI
A monthly newsletter covering sustainable community planning and development is available free of charge from Partnership for Sustainable Communities (PSC). read more
Date Published: 07/28/2010
Tags: Affordable Housing, Green/Sustainable Housing
House Ways and Means Committee Chairman Rep. Sander Levin (D-Mich.) recently released the draft legislative text of the Domestic Manufacturing and Energy Jobs Act of 2010. read more
Date Published: 07/28/2010
Tags: Congress, Green/Sustainable Housing, Energy Tax Credits
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