Federal / Agency News
IRS Announces Elective Pay Final Regulations for Renewable Energy ITCs
The IRS published the final elective pay regulations for the renewable energy Investment Tax Credit (ITC).
A New Fact Sheet on Child Poverty and Lack of Access to Housing
The Opportunity Starts at Home Campaign released a new fact sheet describing the connections between child poverty and lack of access to stable, affordable housing.
NPS Issues Reports Highlighting Success of Federal Historic Preservation Tax Incentives Program
NPS Issues Reports Highlighting Success of Federal Historic Preservation Tax Incentives Program
HAC Releases New Resource for Rural Multifamily Housing Preservation
The Housing Assistance Council announced its Center for Rural Multifamily Housing Preservation.
Pravina Raghavan Named CDFI Fund Director
Pravina Raghavan was announced as director of the Community Development Financial Institutions (CDFI) Fund, beginning immediately.
U.S. Short 7.3 Million Homes for Lowest-Income Renters
NLIHC released its annual report The Gap: A Shortage of Affordable Homes.
The Toxic Problem of Poverty and Housing Costs Webinar: March 21
The Joint Center for Housing Studies of Harvard University will host the 23rd Annual John T. Dunlop Lecture on March 21 at 6:30 p.m. ET on The Toxic Problem of Poverty and Housing Costs.
FSS Impact and Innovation Forum – April 18
Compass Working Capital will hold a Family Self-Sufficiency (FSS) Impact and Innovation Forum on April 18 from 10 a.m. to 5 p.m. in Washington, DC.
Secretary Fudge to Retire on March 22
HUD Secretary Marcia Fudge announced her retirement and resignation from the position of Secretary of HUD, effective March 22, 2024.
FHFA Hosts Multifamily Insurance Symposium – Today, March 13; Treasury Department Announces Collaboration with Regulators Studying Insurance Cost Impact
The Federal Housing Finance Agency (FHFA) is holding a Multifamily Insurance Symposium from 10 a.m. to 4 p.m. ET today, March 13.
Biden-Harris Administration Releases FY 2025 Budget Request; Housing Featured in State of the Union
Earlier this week, the Biden-Harris administration released its Fiscal Year (FY) 2025 budget request, which serves as a marker for policy priorities, especially during a presidential election year.
Tax Court Rules on Including Construction Period Finance Costs in LIHTC Basis
In the 23rd Chelsea Associates case, the U.S. Tax Court ruled that an appropriate share of finance costs attributable to the construction period of the affordable housing part of a project can be included in tax credit basis.