Thom Amdur Author Archives

The Tennessee Housing Development Agency has published a memo regarding its remaining $26,900,000 of uncommitted Multifamily Bond Volume Cap.  THDA will be accepting applications for this remaining balance for one day only, on Friday, November 3, 2017.  Click here to learn more.  

The Texas Department of Housing and Community Affairs’ (“TDHCA”) has published Drafts of the following 2018 Rules for Public Comment: 10 TAC Chapter 10, Subchapter D, concerning Underwriting and Loan Policy (Comments due 11/27/17); 10 TAC Chapter 10, Subchapter E, relating to Post Award and Asset Management Requirements Policy (Comments due 11/27/17); 10 TAC Chapter […]

The Rural Housing Service (RHS) is revising its existing regulations regarding financial reporting to establish risk thresholds, align requirements with HUD and reduce program operating costs to RD and its borrowers.   This rule is effective November 24, 2017 and is optional in FY-2018 and will be mandatory in FY-2019.  Additional highlights of the rule include: […]

The Nebraska Investment  Finance Authority has published its 2018 LIHTC\AHTC\HOME and 2018 CRANE applications.  The application deadlines for Round One are: Threshold Deadline: 5:00 p.m. CST on November 20, 2017 Final Deadline: 5:00 p.m. CST on January 8, 2018 Submissions for the next CRANE cycle will be accepted until November 20, 2017. Questions may be […]

New York City Mayor Bill de Blasio has announced a major expansion to the City’s affordable housing plan.   The administration is on track to build and protect 200,000 affordable homes by 2022, two years ahead of schedule. With the addition of new tools, programs and funding, the City will ramp up to securing 25,000 affordable […]

HUD has revised the effective date for designations of “Difficult Development Areas” (DDAs) and “Qualified Census Tracts” (QCTs) for purposes of the Low-Income Housing Tax Credit (LIHTC) approved for Federal disaster-related individual assistance. This Notice extends from 730 days to 850 days the period for which the 2015 lists of QCTs and DDAs are effective […]

NH&RA member firm Conifer Realty, LLC was recently honored with the 2017 International Award for Corporate and Social Responsibility from the Institute of Real Estate Management (IREM).  This year’s finalists covered both residential and commercial sectors, including submissions from the US, Canada and China. The Corporate and Social Responsibility category recognized exemplary corporate responsibility and […]

On Oct. 20, Florida Housing Finance Corporation (the Corporation) published its request for allocations for its 2017 Housing Credit Financing for the Preservation of Existing Affordable Multifamily Housing Developments.  Applications are due at 11:00 am ET on December 15, 2017. Under this RFA, the Corporation expects to offer an estimated $6,655,500 of Housing Credits to […]

After consideration of comments received regarding the second draft of the 2018 Qualified Allocation Plan (“QAP”) the Arizona Department of Housing (“ADOH”) presented material changes to the following sections of the QAP at the public hearing held on October 20, 2017: Section 2.2(B) – Limitations on Reservation of Tax Credits Based on Concentrations of Projects […]

Idaho Housing and Finance Association will host a public hearing to receive feedback on its 2018 QAP on Thursday, November 2 at the Hampton Inn & Suites in Boise.  Written comments may be submitted to IHFA at PO Box 7899, Boise, ID 83707-1899 any time prior to the hearing. Idaho Public Hearing Notice Oct. 2017.

Several civil rights organizations have filed a lawsuit in federal court challenging HUD’s decision to suspend the implementation of the Small Area Fair Market Rent rule, which was adopted in November 2016 and suspended earlier this year.  It is unclear at this juncture how the case will proceed. Five organizations – the NAACP Legal Defense […]

Representative Pat Tiberi (R-OH-12), the lead Republican sponsor on the House version of the Affordable Housing Credit Improvement Act (H.R. 1661) and a longtime champion of the Housing Credit, announced last week that he will leave Congress no later than January 31, 2018, nearly a year before his term ends. NH&RA thanks Rep. Tiberi for […]