Jessica Hoefer Author Archives

On March 30 at 10 a.m. ET, the Transportation, Housing and Urban Development and Related Agencies (THUD) subcommittee of the House Appropriations Committee will hold its annual Member Day hearing.

Oregon Housing and Community Services (OHCS) identifies necessary documentation changes required for all regulatory agreements combining Article XI-Q funds (currently LIFT and Permanent Supportive Housing) and four percent LIHTC/Private Activity Bonds.

On March 28 at 10 a.m. ET, the Transportation, Housing and Urban Development and Related Agencies (THUD) subcommittee of the House Appropriations Committee will hold its annual Oversight Hearing with Inspectors General from HUD and the Department of Transportation.

Heritage Consulting Group announced it has hired a new project manager, Caitlin Herrnstadt.

HUD published a Final Rule on Reinstatement of Discriminatory Effects Standard, also referred to as disparate impact. The Final Rule rescinds the HUD’s 2020 rule governing Fair Housing Act disparate impact claims and restores the 2013 discriminatory effects rule.

JLL Capital Markets announced that it has arranged the $18.239 million acquisition financing for Cambridge Estates, a 358-unit, garden-style affordable apartment community in Lafayette, IN.

HUD is seeking feedback on its National Standards for the Physical Inspection of Real Estate (NSPIRE) physical inspection scoring and ranking methodology.

The Harris County Housing Authority (HCHA) and LDG Development gathered with political, community and business leaders to celebrate the opening of The Hollows—a 192 affordable housing development that is replacing housing lost during Hurricane Harvey and is in the Channelview community.

In Notice 2023-22, the Internal Revenue Service (IRS) published the 2023 resident population figures, which are used to calculate the population-based component of LIHTCs and Private Activity Bonds (PABs).

Last week, Representatives Darin LaHood (D-IL), Earl Blumenauer (D-OR), Mike Kelly (R-PA), Terri Sewell (D-AL) Michael Turner (R-OH) and Brian Higgins (D-NY) introduced the Historic Tax Credit Growth and Opportunity Act (HTC-GO). H.R. 1785 is the companion bill to S. 639, introduced in the Senate earlier this month by Senators Ben Cardin (D-MD), Bill Cassidy (R-LA), Maria Cantwell (D-WA) and Susan Collins (R-ME). NH

Last week, Mayor Muriel Bowser delivered the FY 2024 Fair Shot Budget to the DC City Council. The mayor’s proposed budget focuses on responsible budgeting, growing the tax base and prioritizing DC’s infrastructure.

The Affordable Housing Tax Credit Coalition announces that applications are now open for the AHTCC’s annual Charles L. Edson Tax Credit Excellence Awards (Edson Awards).