Jessica Hoefer Author Archives

On March 9, the White House released its fiscal year (FY) 2024 budget proposal, which notably calls for $51 billion in additional LIHTCs, a new Neighborhood Homes Tax Credit, and mandatory funding for new project-based rental assistance contracts.

Ohio Housing Finance Agency (OHFA) seeks feedback on the 2024/2025 Qualified Allocation Plan. You may access the survey by clicking here or send letters to [email protected].

Hunt Capital Partners, in collaboration with Central Illinois Services (CIS), a nonprofit affiliate of the Menard County Housing Authority, and Windsor Development Group, announced the closing of $9 million in Federal LIHTC equity financing for the acquisition and rehabilitation of Lukin’s Landing.

Senators Ben Cardin (D-MD), Bill Cassidy (R-LA), Maria Cantwell (D-WA) and Susan Collins (R-ME) reintroduced the Historic Tax Credit and Growth Opportunity Act (HTC-GO) of 2023 (S. 639).

The Oklahoma Housing Finance Agency (OHFA) is recommending an award of approximately $1 million in additional nine percent tax credits to those awarded in the second funding period of 2022.

The Board of Trustees of the Police and Firemen’s Retirement System of New Jersey (PFRSNJ) has passed a resolution amending the maximum loan to value (LTV) for new PFRS mortgages.

The Senate Committee on Banking, Housing and Urban Affairs will hold a hearing on March 7 at 10 a.m. ET on Increasing Affordable Housing Supply.

The North Dakota Department of Commerce Division of Community Services (NDDCS) is holding a public hearing for the FY2023 Community Development Block Grant (CDBG) at 10 a.m. ET on March 9.

At the end of April, Jodie Harris will step down as director of the Community Development Financial Institutions Fund (CDFI Fund) to serve as president of the Philadelphia Industrial Development Corporation (PIDC).

Oregon Housing & Community Services (OHCS) is hosting their first Unhoused Network meeting of the year on March 23 from 10 to 11 a.m. PT. OHCS is also seeking feedback on the Homeless Housing Response NOFA Framework, which will award HOME Investment Partnerships resources allocated through the American Rescue Plan (ARP) to provide housing to homeless or at risk of homelessness populations in rural Oregon communities.

During its 22nd year in affordable housing, CREA, LLC’s focus on purpose served as a catalyst for greater social and community impact.

The Community Development Financial Institutions Fund (CDFI Fund) has provided an updated Frequently Asked Questions (FAQ) page for the CDFI Certification Blackout Period on its website.