Jessica Hoefer Author Archives

General News

SAHF Launches Portfolio-Level Calculator for Assessing Multifamily Carbon Emissions, Webinar Feb. 17

Stewards of Affordable Housing for the Future launched the Multifamily Portfolio Carbon Emissions Calculator to allow portfolio owners to calculate their annual greenhouse gas (GHG) emissions in CO2 equivalent.

Member News

Nixon Peabody Announces its 2023 New Partner Class

Nixon Peabody LLP announced it has elevated eight attorneys to the law firm’s 2023 partner class, representing a wide range of practice areas, including affordable housing and real estate, community development finance, complex disputes, healthcare and intellectual property.

QAP Arizona

Joan Serviss Appointed Director of Arizona Department of Housing

Governor Katie Hobbs (D) appointed Joan Serviss director of the Arizona Department of Housing.

Member News

$2.52M Financing Secured for Wyoming Affordable Housing Community

JLL Capital Markets announced that it has arranged the $2.52M acquisition financing for Autumn Ridge, a 48-unit, garden-style affordable housing community located in Laramie, WY.

Presidential Seal

COVID Public Health Emergency to End in May with Implications for Affordable Housing Industry

President Joe Biden (D) announced that the national public health emergency declarations from COVID-19 will end in May.

QAP Minnesota

Minnesota Governor Approves 2024-2025 QAP

Governor Tim Walz (D) approved Minnesota Housing’s 2024-2025 QAP.

Member News

Canaan Crossing Opens in Madison, GA

Supporters of Canaan Crossing, a new Madison housing option for households earning up to 60 percent area median income, gathered for a grand opening and ribbon-cutting hosted by co-developers Parallel Housing, Inc.and Woda Cooper Companies, Inc.

HUD

HUD Solicits Input on Standardizing Rental Assistance Program Regulations

HUD published an advance notice of proposed rulemaking (ANPRM) on developing a standardized program regulation and renewal contract for Section 8 project-based rental assistance programs.

QAP Ohio

Ohio HFA Holds Multifamily, Annual Plan Committee Meetings – Feb. 8

The Ohio Housing Finance Agency will hold a multifamily committee meeting at 10 a.m. ET and an Annual Plan committee meeting at 11 a.m. ET on February 8.

Member News

Merchants Capital Promotes Josh Reed to Executive Vice President within the Tax Credit Equity Division

Merchants Capital announced the promotion of Josh Reed to executive vice president.

Treasury

Treasury: New Global Minimum Tax Guidance Will Protect LIHTC

The Department of the Treasury announced that all 142 countries and jurisdictions, including the U.S., participating in the Organization for Economic Cooperation and Development (OECD) and Group of Twenty’s (G20) effort to establish a new 15 percent global minimum tax (GMT) have come to a consensus and released guidance on the GMT’s implementation worldwide.

QAP Oklahoma

Comments on Oklahoma’s Draft HOME-ARP Allocation Plan Due Feb. 15

Comments on Oklahoma Housing Finance Agency’s (OHFA) draft HOME-American Rescue Plan (ARP) should be submitted via this link by February 15.

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