Thom Amdur Author Archives

City Real Estate Advisors, Inc. announced that Jason Racine has been appointed to vice president of acquisitions and will cover the Midwest territory. Racine has been active in affordable housing finance since 2007.

Diane Yentel, veteran affordable housing policy expert and advocate, has been named as the new President and CEO of the National Low Income Housing Coalition (NLIHC) by the coalition’s board of directors. She will replace Sheila Crowley, the coalition’s long time President and CEO, who is retiring.

The meeting will be held on Wednesday, February 24, 2016, at 1:30 p.m. at the Holiday Inn Tampa Westshore – Airport Area, 700 N. Westshore Blvd, Tampa, Florida.

The 2016 Workbook has been updated to reflect the TCAC Regulations adopted October 21, 2015.

The State-Aided Public Housing Mixed-Income Community Demonstration Program will fund the planning and pre-development costs associated with developing new moderate or market-rate housing on existing and surplus PHA owned property.

Rhode Island Governor Gina Raimondo introduced her FY 2017 budget and proposed a $40 million bond to build homes, create construction jobs, and attract private investment.

All applicants for 9% tax credits must document, to the Committee’s satisfaction, the rural or non-rural status of the project.

As Kentucky Housing Corporation begins developing the Qualified Allocation Plan for fiscal year 2017 Low Income Housing Tax Credits, the KHC welcomes input from developers, syndicators, lenders, and management companies.

DHCD will hold two information sessions for sponsors whose rental pre-applications were approved by the Department in January 2016. Location: DHCD, 100 Cambridge Street, 2nd Floor, Room A Dates/times: Monday, February 22:  11:00 AM Wednesday, February 24:  11:00 AM Because space is limited, we ask that each sponsor/team send no more than two participants to the session of choice.  […]

Section 9-23 of the new Section 8 Renewal Policy Guide provided instructions for comparing the median rents as derived by the appraiser in a RCS with Census Bureau estimates of the median rents in the project’s zip code. HUD has recently published the new median zip code rents and the 140 percent thresholds.

A permanent fixed 9% credit rate has multiple immediate effects on the LIHTC Program and the Michigan Qualified Allocation Plan

The Wisconsin Housing and Economic Development Authority Risk and Compliance Team completed an in depth review of its Multifamily Best Practices. As a result, WHEDA has made changes to its audit guide.