Oregon Governor Kate Brown has announced a new strategy to prioritize ending homelessness for children and veterans, and to increase housing affordability for all Oregonians. Through the publication of a white paper entitled “Housing Policy Agenda: Housing Stability for Children, Veterans and the Chronically Homeless and Increased Housing Supply for Urban and Rural Communities” Governor […]
On June 1, POAH acquired 20 properties with over 1,000 affordable apartments in Ohio and Kentucky from The Model Group (TMG), a for-profit development company with deep roots in Cincinnati.
The Office of Inspector General (OIG) for the US Department of Housing and Urban Development issued an Audit Report on August 31, 2018 entitled “REAC Could Improve Its Inspections Processes and Controls.” The objective of the auduit was to determine whether REAC had adequate processes for and controls over the certification and monitoring of contracted […]
HUD has announced that Tony Ramirez, a 20-year HUD veteran who has served the past 14 years as director of HUD’s Reno, Nevada field office, will serve as the new Oregon Field Office Director.
The draft of RFA 2018-113 Housing Credit Financing for the Preservation of Existing Affordable Multifamily Housing Developments has been posted on the webpage http://www.floridahousing.org/programs/developers-multifamily-programs/competitive/2018/2018-113 The Corporation expects to issue the RFA on Thursday, September 13, 2018. Applications are expected to be due on Thursday, November 1, 2018. The Review Committee Meeting is expected to be […]
On Thursday, September 6, 2018, at 10:00 a.m. in Room 2128 of the Rayburn House Office Building, the Committee on Financial Services will hold a hearing entitled “A Failure to Act: How a Decade without GSE Reform Has Once Again Put Taxpayers at Risk.” This fall marks ten years since the height of the financial […]
On September 6, the housing and Insurance Subcommittee of the House Financial Services Committee held a hearing to examine how the costs of regulation are forming a barrier that prevents more affordable housing development. “The lack of development is especially concerning,” said subcommittee chair Sean Duffy (R-WI), “because while we continue to enjoy some of […]
Earlier this summer, the CDFI Fund announced that it was integrating award recipient reporting into the Award Management Information System (AMIS). I am very happy to report that the transition is now complete and the Community Investment Impact System (CIIS), is officially retired. Going forward, award recipients will now submit reports—including Institutional Level Reports (ILRs), […]
After nearly 20 years of service to affordable housing and survivors of domestic violence, Lisa Beran will retire from Kentucky Housing Corporation (KHC) on Friday, November 30, 2018. Currently KHC’s deputy executive director of Housing Production and Programs, Lisa has served over 10 years on KHC’s executive team, initially serving as KHC’s general counsel and deputy […]
On August 28, the California Legislature has passed a measure (SB 1227) that would require cities and counties to grant a 35 percent density bonus when an applicant for a housing development of five or more units seeks and agrees to construct a project that will contain at least 20 percent of the total units for […]
HUD has issued a notice updating the FY 2019 FMRs. It also enumerates the procedures for Public Housing Agencies (PHAs) and other interested parties to request reevaluations of their FMRs, as required by HOTMA. To help inform PHAs’ decisions concerning reevaluation requests, this notice briefly addresses HUD’s May 30, 2018 notice regarding the use of […]
KHC has posted Questions and Answers (Q&A) relative to the upcoming 2019 Housing Credit competitive funding round. The Q&A is available on KHC’s website under Development; Multifamily; Applications, Guidelines and Scoring; within the Applications and Scoring dropdown. Applicants are encouraged to check back often for updates as new questions are received. If you have any […]