Thom Amdur Author Archives

A recent notice in the Federal Register outlines how U.S. Department of Agriculture (USDA) will operate the Rural Development Voucher Program in FY 2015.

On March 24, 2015, from 2:00-4:00pm EST, the U.S. Department of Housing and Urban Development Rental Assistance Demonstration (RAD) Team will offer a training on the relocation rules applicable to 1st Component public housing conversions.

Bank of America Merrill Lynch Community Development Banking provided more than $3.2 billion in loans, tax credit equity investments and other real estate development solutions to over 550 clients in 2014, creating more than 13,000 housing units for individuals, families, seniors, students, veterans and other at-risk groups across the country.

The Affordable Housing Tax Credit Coalition (AHTCC) is accepting entries for the 21st Annual Charles L. Edson Tax Credit Excellence Awards. This national awards program celebrates the best in affordable rental housing development. Projects must have been placed in service on or after Jan. 1, 2012.

The U.S. Department of Housing and Urban Development announced it awarded $150,369,989 in rental assistance to 25 state housing agencies. The awards will support the state agencies in providing permanent affordable rental housing and supportive services to extremely low-income persons with disabilities.

The U.S. Department of Housing and Urban Development released FY 2015 Income Limits. The income limits determine who’s eligible for HUD assisted housing programs.

U.S. Senator Roy Blunt (R-MO) introduced legislation to make the New Markets Tax Credit (NMTC) program permanent, provide an annual allocation of credits indexed to inflation, and exempt NMTC investments from the Alternative Minimum Tax.

Affordable Housing Finance released its list of the top affordable housing lenders for 2014. Seventeen NH&RA members were included on the list, with Citi Community Capital in the #1 spot for the sixth year in a row.

The Urban Land Institute (ULI) is seeking submissions for The Jack Kemp Excellence in Affordable and Workforce Housing Awards and The Robert C. Larson Housing Policy Leadership Awards.

City Real Estate Advisors, Inc. announced that Mike Boyle has joined the organization as Vice President of Acquisitions. Boyle will be responsible for identifying, structuring, and closing affordable housing equity opportunities with a focus on the Southeastern region of the United States.

The National Park Service (NPS) released its Federal Tax Incentives for Rehabilitating Historic Buildings Annual Report for Fiscal Year 2014 and a supplementary Statistical Report and Analysis for Fiscal Year 2014.

Jerome “Jerry” Breed, Partner at Bryan Cave in the Washington, DC office, was recently elected Chairman of the Board of Directors of the National Housing & Rehabilitation Association (NH&RA) at its Annual Meeting in Key Largo, Florida.