NH&RA and its constituent members have been actively involved in the HOPE VI program as advocates and program participants since its inception in 1993. The HOPE VI Steering Committee brings together the most active HOPE VI developers and advisers to help address ongoing issues with the capitalization and operation of HOPE VI and mixed-finance developments across the country. The group is comprised of developers, owners, operators, financiers and consultants involved in public housing redevelopment to discuss the most pressing legislative, regulatory, financial, transactional and operating issues facing the industry and build consensus on solutions. The Steering Committee convenes regularly in person and by conference call to design solutions to the most pressing issues facing the public housing redevelopment community including the implementation of unit transformation policies, addressing funding shortfalls, program reauthorization and more...
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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
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
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
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
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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