Jessica Hoefer Author Archives
New Jersey Releases Utility Allowance Charts
The New Jersey Department of Community Affairs (DCA) has released the 2023 Utility Allowance Charts effective November 1, 2023.
Lument Closes $64.588 Million Loan to Refinance Baltimore Student Housing
Lument announced the closing of a $64.588 million loan through Freddie Mac’s Capital Markets Execution program to refinance Nine East 33rd.
California Updates PIS Process
The California Tax Credit Allocation Committee (CTCAC) updated its Placed in Service (PIS) process.
North Dakota HFA Holds QAP Hearing – March 5
North Dakota Housing Finance Agency (NDHFA) will hold Public Hearings for its proposed 2025 QAP, 2024 National Housing Trust Fund, 2024 HOME Investment Partnerships Program, and 2024 Housing Incentive Fund on March 5.
Nixon Peabody Announces Retirement
Nixon Peabody announced that after 35 years Richard Price is retiring.
Connecticut Holds Brownfield Webinar – Feb. 7
The Office of Brownfields in the Connecticut Department of Economic Development (DCED) will hold a webinar from 9 – 10:30 a.m. ET on February 7 on Building Your Redevelopment Capital Stack.
Oregon Housing Releases New Affordable Rental Housing Dashboard
Oregon Housing and Community Services’ Affordable Rental Housing Dashboard shows the overall outputs of Affordable Rental Housing (ARH) programs from January 1, 2016, through June 30, 2023.
KeyBank Provides Financing for New Affordable Single-Family in Cleveland
KeyBank Community Development Lending and Investment (CDLI) invested $10.2 million of four percent Federal LIHTC Equity and provided a $7.9 million construction loan to finance the development of Henrietta Homes.
Iowa Holds Profile Demo Webinar – Feb. 14
The Iowa Finance Authority, Iowa Economic Development Authority (IEDA) and mySidewalk for a comprehensive demo of the new Iowa Profile data tool during a webinar on February 14 at noon CT.
SAHF’s Carbon Roadmap Updates Includes New Features to Support Decarbonization Implementation
Stewards of Affordable Housing for the Future (SAHF) updated its Multifamily Portfolio Carbon Emissions Roadmap, which allows portfolio owners to create action plans to reduce their annual greenhouse gas (GHG) emissions in CO2 equivalent.
House Approves Tax Package with LIHTC Priorities, Advocacy Needed in the Senate
Last week, the House of Representatives voted overwhelmingly (357-70) to pass The Tax Relief for American Families and Workers Act of 2024 (H.R. 7024).
Kentucky Updates CDBG-DR Program: Certified Administrator No Longer Required by Applicant
The Department for Local Government (DLG) updated the Multifamily New Construction application and Policy & Procedures for the 2021 CDBG Disaster Recovery (CDBG-DR) program to no longer require a developer (or any other applicant) to bring a CDBG-DR certified administrator as part of their application or be included in the budget/financial model for the project.