Jessica Hoefer Author Archives
Senator King Says Affordable Housing Crisis is “Impinging the Rebuilding of the Economy”
Senator Angus King (I – ME) described housing affordability as a “national crisis that’s really impinging the rebuilding of the economy.”
HUD Secretary Fudge Testifies before House Appropriations Committee on FY 2024 Budget Request, To Testify Before Senate Appropriations Committee on April 20
HUD Secretary Marcia Fudge testified before the House Appropriations Committee on the department’s FY 2024 Budget Request.
Boston Financial Closes $131 Million National Multi-Investor Fund
Boston Financial announced the closing of Boston Financial Institutional Tax Credits 58 Limited Partnership (ITC 58), a $131 million LIHTC fund.
Dominium to Host Groundbreaking for Matlock Flats Development
Dominium announced that it will celebrate the groundbreaking of the Matlock Flats affordable housing development in Arlington, TX on Wednesday, April 19.
FHFA To Launch Multifamily Tenant Protections RFI
The Federal Housing Finance Agency (FHFA) will issue a Request for Input (RFI) on multifamily tenant protections.
WinnCompanies Rehab of Pines of Perinton
WinnCompanies announced that it secured funding for $137 million to rehab the historic Pines of Perinton affordable housing complex.
Accounting Standards Update Incents NMTCs, HTCs and RETCs
A blog post from Bad Elphick with Novogradac explains the recent Financial Accounting Standards Board (FASB) Accounting Standards update, which makes investing in New Markets Tax Credits (NMTCs), Historic Tax Credits (HTCs), Renewable Energy Tax Credits (RETCS) and any new tax credits created in the future more attractive to investors.
BLVD Group Leads Acquisition and Redevelopment of Virginia Property
The BLVD Group announced the acquisition of Aqua Vista Apartments, a 150-unit affordable housing community in Newport News, VA.
Comments on California’s Proposed LIHTC Changes Due April 26; Hearing April 19
The California Tax Credit Allocation Committee (CTCAC) published Proposed Regulation Changes with Initial Statement of Reasons.
Senate Considers Nominations of NEC Chairman, HUD Assistant Secretaries
The Senate Committee on Banking, Housing and Urban Affairs held a nomination hearing for Dr. Jared Bernstein to be chairman of the Council of Economic Advisers and Solomon Greene to be an assistant secretary of Policy Development & Research at HUD and David Uejio to be assistant secretary for Fair Housing and Equal Opportunity at HUD.
NC Housing Awards Nominations Due April 24
The NC Housing Finance Agency is accepting nominations for its 34th annual Housing NC Awards.
Oregon Releases 2022 Annual Report
Oregon Housing and Community Services (OHCS) announced the release of their 2022 Annual Report, “A Path Forward,” which highlights accomplishments achieved throughout the state to meet the housing needs of Oregonians living on low- to moderate incomes.