General News
Oklahoma Housing Stability Program
Oklahoma HFA announced HB 1031, also known as the Oklahoma Housing Stability Program, became law June 2 with an effective date of July 1.
Water Supply Issues in Arizona Limit Construction
A New York Times article offers a glimpse of the future as climate change batters the West. Arizona has determined that there is not enough groundwater for housing construction already approved in the Phoenix area and will stop developers from building some new subdivisions.
HUD Publishes Income Guidance for Community Solar Programs
Community solar providers and building owners are grappling with how owners can distribute the financial benefits of community or rooftop solar to residents that reside in master-metered buildings and do not have an individual electricity bill.
NH&RA Encourages States to Use Weatherization Assistance Program Funding for Multifamily
NH&RA sent a letter to the state offices responsible for administering Weatherization Assistance Program (WAP) funding encouraging them to devote a portion to multifamily affordable housing.
Arkansas Governor Signs Bills to Extend State Housing Tax Credit
Arkansas Gov. Sarah Huckabee Sanders signed two bills into law on April 13 that will extend the state’s Historic Rehabilitation Tax Credit for five years and change the tax credit percentage depending on locale.
NH&RA Hosts ICAST IRA & BIL Instant Benefit Estimate Calculator
ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.
Senator King Says Affordable Housing Crisis is “Impinging the Rebuilding of the Economy”
Senator Angus King (I – ME) described housing affordability as a “national crisis that’s really impinging the rebuilding of the economy.”
Terner Center Report on New Pathways to Encourage Housing Production
In the past six years, California has introduced over 100 laws aimed at increasing housing production.
Ohio Hosts Bond Gap Financing Forum – April 1
Ohio Hosts Bond Gap Financing Forum – April 1
Florida Governor Sings Bill to Ban Rent Control & Increase Access to Affordable Housing
Last week, Florida Governor DeSantis signed Senate Bill 102 (Live Local Act) aimed at increasing access to affordable housing across the state and for Floridians to live in communities where they work.
DC Mayor Bowser Proposes FY 2024 Fair Shot Budget
Last week, Mayor Muriel Bowser delivered the FY 2024 Fair Shot Budget to the DC City Council. The mayor’s proposed budget focuses on responsible budgeting, growing the tax base and prioritizing DC’s infrastructure.
Silicon Valley Bank Collapse Puts San Francisco’s Affordable Housing Projects in Limbo
An article in The San Francisco Standard details the risk to affordable housing projects in San Francisco following the collapse of Silicon Valley Bank.