Jessica Hoefer Author Archives
FTK Awarded $12 MM Contract for The Park at Humble Rehab
FTK Construction Services has been awarded the contract for the rehabilitation of The Park at Humble Apartments.
Kentucky Hosts Multifamily Developer Forum – March 9
Kentucky Housing Corporation (KHC) will host a virtual developer forum to solicit feedback for planned upcoming funding rounds in calendar year 2023, including two Notices of Funding Availability (NOFAs) for tax-exempt bonds with KHC gap financing and the 2024 nine percent Housing Credit round.
The Community Builders Names Jesse Batus Regional VP for Real Estate Development
The Community Builders (TCB) announced that Jesse Batus will serve as regional vice president for real estate development in New York/New Jersey.
CBO Increases CPI Estimates with Implications for HUD, LIHTC Properties
The Congressional Budget Office (CBO) released its Budget and Economic Outlook for 2023 to 2033, which includes the consumer price index (CPI) figure that has historically been used by HUD to determine income limits for LIHTC properties.
New Hampshire Releases Draft Criminal Screening Policy
New Hampshire Housing drafted a template Criminal Screening Policy as guidance and recommended best practices for owners and their agents when considering their use of criminal records in tenant screening.
Woda Cooper Companies, Inc. Announces Three Leadership Updates
Woda Cooper Companies, Inc. announced three updates in the company’s leadership.
North Dakota Holds 2024 QAP Hearing – March 2
North Dakota Housing Finance Agency (NDHFA) will hold Public Hearings for its proposed 2024 QAP, 2023 National Housing Trust Fund, 2023 HOME Investment Partnerships Program and 2023 Housing Incentive Fund starting at 10 a.m. CT on March 2.
Tennessee Allocates Half of Bond Authority – $423 Million – to Multifamily Housing
The Tennessee Department of Economic and Community Development allocated the Tennessee Housing Development Agency $423,080,500 of private activity bond authority.
Florida Housing Names DiNapoli Executive Director
The Florida Housing Finance Corporation Board of Directors appointed Michael DiNapoli as executive director.
Oregon Hosts Unhoused Response & Recovery Network for COVID-19 and Wildfires
Oregon’s Unhoused Response & Recovery Network for COVID-19 and Wildfires will be meeting bimonthly on the third Thursday of the month at 10 a.m. PT.
IRS Publishes Initial Guidance on Energy Projects for Low-Income Communities and Energy Project Credits from Inflation Reduction Act
Earlier this week, the Internal Revenue Service (IRS) released Notice 2023-17: Initial Guidance Establishing Program to Allocate Environmental Justice Solar and Wind Capacity Limitation Under Section 48(e) and Notice 2023-18: Initial Guidance Establishing Qualifying Advanced Energy Project Credit Allocation Program Under Section 48C(e).
Iowa Nine Percent LIHTC Applications Due April 19
Applications for the Iowa Finance Authority’s nine percent LIHTC round are due by 4:30 p.m. CT on April 19.