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Council for Energy Friendly Affordable Housing

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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HUD Issues Proposed Rule for Disposition Program

The U.S. Department of Housing and Urban Development (HUD) on December 22 issued a proposed rule to govern the sale of HUD-held single family homes and mortgage assets in designated revitalization areas . read more

Date Published: 01/06/2009

Tags: Affordable Housing, HUD, Native America/Indian Housing, Local Programs

Alabama Publishes Final 2009 QAP

The Alabama Housing Finance Authority recently published a final qualified allocation plan (QAP) for its 2009 low-income housing tax credit program.  read more

Date Published: 01/06/2009

Tags: Tax Credits, LIHTC

Colorado Releases 2009 LIHTC Application and QAP

The Colorado Housing and Finance Authority has released its final 2009 QAP and application for its low-income housing tax credit program. read more

Date Published: 01/06/2009

Tags: Tax Credits, LIHTC

Chairman Frank Proposes $10 Billion for Stalled LIHTC Projects

In an interview reported by the Boston Globe, U.S. Representative Barney Frank indicated he wants the government to spend $10 billion on stalled low-income housing tax credit projects unable to secure equity. read more

Date Published: 01/06/2009

Tags: Congress, Multi-Family Finance, Affordable Housing, Tax Credits, LIHTC

Recap Advisors Issues Recommendations for Best Use of 2009 Housing Credits

In a new paper commissioned by the Massachusetts Housing Partnership (MHP, www.mhp.net), based on a survey of stakeholders in Massachusetts and other states, the firm Recap Advisors recommends 10 strategic steps that state housing credit agencies should take to most effectively allocate their 2009 low-income housing tax credits in the current troubled LIHTC equity environment. read more

Date Published: 01/06/2009

Tags: Tax Credits, LIHTC

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Join CfEFAH

Participation in councils is a primary benefit of membership in NH&RA.
Our councils keep members abreast of critical industry developments, new business opportunities and are leading advocates for the issues you care about most on Capital Hill and HUD, IRS, CDFI Fund, National Park Service and the State Housing Finance Agencies.

Perhaps most importantly, membership in NH&RA councils provides access to a peer group and network that WILL help you generate new business and create efficiencies in your operations. NH&RA members know that by sharing their insight and know-how we are all able to grow our businesses. Council membership is complimentary for NH&RA members. They meet in person and via conference call through out the year.