HUD recently issued PIH Notice 2024-01 providing guidance to PHAs regarding the Buy America Preference (BAP) requirement of the Build America, Buy America Act (BABA).
Congress returns this week to address government funding deadlines set for January 19 and February 2.
The Department of the Treasury and the Internal Revenue Service issued Notice 2024-9 that provides procedures for applicable entities to claim the statutory exception to the application of the phaseouts for elective payment projects that begin construction during calendar year 2024 that fail to satisfy the domestic content requirement.
Happy New Year! Both the House and Senate remain in recess this week. When they return next week, they’ll have just ten legislative days ahead of the first of two FY 2024 continuing resolution deadlines on January 19.
Happy New Year! Both the House and Senate remain in recess this week. When they return next week, they’ll have just ten legislative days ahead of the first of two FY 2024 continuing resolution deadlines on January 19.
The Department of the Treasury and the Internal Revenue Service issued Notice 2024-9 that provides procedures for applicable entities to claim the statutory exception to the application of the phaseouts for elective payment projects that begin construction during calendar year 2024 that fail to satisfy the domestic content requirement.
HUD announced that it is awarding $173.9 million in new loans and grants under the Green and Resilient Retrofit Program’s (GRRP) Comprehensive and Elements categories.
The U.S. Department of the Treasury and Internal Revenue Service (IRS) released proposed regulations regarding the Production Tax Credit (PTC) for hydrogen under Section 45V of the Internal Revenue Code
The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (The Enterprises) are each allowed to invest up to $1 billion annually (originally $850 million) in LIHTC equity beginning in 2024.
The Advisory Council on Historic Preservation (ACHP), in partnership with HUD, recognizes developers, organizations, and agencies for their success in advancing the goals of historic preservation through the Secretary’s Award for Excellence in historic preservation.
Representatives Emanuel Cleaver (D-MO) and Blaine Luetkemeyer (R-MO) introduced the bipartisan Rural Housing Service Reform Act (H.R. 6785). The measure would ensure that USDA Section 515 properties with maturing mortgages remain affordable by making it easier for nonprofits to acquire the properties and retain their rental assistance.
The U.S. Government Accountability Office (GAO) issued a report that recommends additional oversight on the LIHTC program.