Candeur Group announced the addition of Leah Wood to their team as Director of Asset and Portfolio Management. Ms. Wood has 10 years of real estate experience including 7 years in the affordable housing industry.
Klein Hornig LLP welcomed three new attorneys, Steve Paul, Katie Day, and Ben Funk, to its tax practice.
The U.S. Department of Housing and Urban Development has begun issuing awards to applicants that were previously on the RAD first component waiting list. In response to questions from new awardees, HUD released several clarifications.
NH&RA signed on the Housing Assistance Council’s campaign to encourage appropriators in Congress to support the U.S. Department of Housing and Urban Development’s HOME Investment Partnerships Program.
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has announced that it will conduct a two-day workshop for potential applicants on April 30 – May 1, 2015 in Washington, D.C.
Market analysts and industry peers gathered for the NCHMA Spring Meeting to discuss ways to streamline and improve U.S Department of Housing and Urban Development (HUD) and LIHTC underwriting market analysis. Participants also considered ways market analysts could collaborate better with industry partners and clients.
The California Housing Finance Agency (CalHFA) announced the Conduit Issuer Program, a new program that helps affordable housing developers access tax-exempt and taxable bond funds to aid in the preservation and development of affordable housing projects throughout California.
Ed Golding, a former senior adviser in U.S. Department of Housing and Urban Development’s Office of Policy and Development of Research, replaced Biniam Gebre as head of the Federal Housing Administration.
Lisa Pekkala, Andrew Massmann, and Lance F. Johnson joined the Affordable Housing and Community Development practice at Applegate & Thorne-Thomsen.
Nixon Peabody announced Sonia A. Nayak has been promoted to counsel in its Real Estate & Community Development department.
The Georgia Department of Community Affairs (DCA), in cooperation with the U.S. Department of Housing and Urban Development (HUD), announced a new Rental Assistance Demonstration (RAD) Multi-Site Bond Program in Georgia. DCA will qualify a small group of developers to work with public housing authorities (PHAs) to redevelop the PHAs’ property/ies with the majority of units as RAD units (at least 80% of total post-redevelopment units).
The National Trust for Historic Preservation, Preservation Action, the National Conference of State Historic Preservation Officers and the Historic Tax Credit Coalition are again sponsoring a national sign on letter to demonstrate support for the federal Historic Tax Credit (HTC) and influence discussions now underway in the Senate to revise the US Tax Code.