Jessica Hoefer Author Archives

Member News

Public-Private Partnership Completes the Canopy Apartments in Portland 

USA Properties Fund hosted a grand opening celebration for The Canopy Apartments at Powell, a much-needed apartment community close to public transportation, schools and several shopping centers in east Portland.

QAP California

California Publishes Final Proposed Regulation Changes to be Considered at April 3 Meeting

The California Tax Credit Allocation Committee (TCAC) published the final proposed regulation changes following its Feb. 26, 2024 proposed regulation changes.  

HUD

HUD Publishes 2024 Income Limits, Implements Ten Percent Cap

HUD published the 2024 Income Limits, which determine eligibility for assisted housing programs, including the Public Housing, Section 8 project-based, Section 8 Housing Choice Voucher, Section 202 housing for the elderly and Section 811 housing for persons with disabilities programs, as well as Multifamily Tax Subsidy Project (MTSP) income limits that determine eligibility for LIHTC and tax-exempt private activity bond (PAB)-financed properties.

HUD

HUD Publishes FY 2024 AAFs

HUD published the Annual Adjustment Factors (AAFs) for Fiscal Year (FY) 2024. AAFs are used to adjust rents for housing assistance payments (HAP) contracts.

QAP Florida

Florida Opens Non-Competitive Application

Florida Housing opened the Non-Competitive Application Package on April 1 for applicants requesting Florida Housing Issued MMRB and Non-Competitive Housing Credits.

Presidential Seal

2024 Presidential Economic Report Includes Plan to Boost Housing Supply

The Council of Economic Advisers released the 2024 Economic Report of the President, which includes a chapter on Increasing the Supply of Affordable Housing.

Member News

Hunt Capital Partners Transfers Ownership of 151-Unit Senior Property to Housing Authority of DeKalb County Affiliate 

Hunt Capital Partners announced the ownership transfer of its Limited Partner interests in Ashford Parkside Senior Residences to a nonprofit affiliate of the Housing Authority of DeKalb County.

General News

New CMS Guidance Clarifies, Broadens Use of Medicaid Funds for Housing Supports

The Centers for Medicare & Medicaid Services (CMS) issued guidance and waiver approvals that broaden and clarify how states can use Medicaid funds to help pay for clinically appropriate, evidence-based services that address health-related social needs (HRSN), including affordable housing.

Member News

MassHousing is Providing $19.2M in Financing for 62 New Affordable and Workforce Rental Homes on Cape Cod

MassHousing is providing $19.2 million in affordable and workforce housing financing to Pennrose, LLC for the redevelopment of Cape Cod Five Bank’s former operations center in Orleans into 62 new affordable rental homes for residents with a range of incomes.

IRS

IRS Issues Guidance for Energy Communities, Bonus Credit Program Under the IRA

The IRS issued Notice 2024-30 to expand certain rules for determining what an energy community is for the production and investment tax credits.

Member News

Merchants Capital Provides Nearly $7B in Debt and Equity Financing in 2023 

Merchants Capital announced that it provided more than $6.2 billion in debt and $656 million in tax credit equity financing for 2023.

HUD

HUD to Host Innovative Housing Showcase: June 7-9

HUD announced it will once again host the

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