General News

The Ohio Housing Finance Agency has released the newest revision to their 2012 QAP Draft and relevant attachments.

The Pennsylvania Housing Finance Agency (PHFA) has released a draft of its 2012 Qualified Allocation Plan for administering the federal Low-Income Housing Tax Credit (LIHTC) program in the state.

Fannie Mae has released the June 2011 report of its National Housing Survey, which assesses the national outlook toward owning and renting a home, housing finances and overall household confidence, as well as provides valuable input for determining the future course of investment across housing types.

The Internal Revenue Service (IRS) recently issued two separate notices that grant certain low-income housing tax credit (LIHTC) properties relief from specified Section 42 requirements in the wake devastation caused by flooding in North Dakota and Indiana.

The U.S. Department of Housing and Urban Development has released the Components of Inventory Change (CINCH) and Rental Market Dynamics reports for 2007-2009.

In response to a year long Washington Post investigation titled “Million Dollar Wasteland” a bipartisan group of federal lawmakers is calling on Congress to probe the nation’s housing-construction program for the poor, citing years-long delays and other breakdowns that have thwarted the production of hundreds of affordable-housing projects.

Representatives Gary Miller (R-CA) and Carolyn McCarthy (D-NY) have introduced new legislation (HR 1859) that would create a government-owned credit facility to replace Fannie Mae and Freddie Mac.

The California Tax Credit Allocation Committee (TCAC) will be holding forums throughout the state to discuss the issue of cost containment associated with developing affordable housing.

The National Park Service recently issued a revised application for historic preservation certification. Applicants should begin using the 2011 application immediately.

Louisiana Governor Bobby Jindal signed into law HB 348, which extends and improves the residential historic rehabilitation tax credit, and the companion SB 63, which extends the commercial historic rehabilitation tax credit.

The Internal Revenue Service (IRS) is requesting comments on Form 8823, Low-Income Housing Credit Agencies Report of Noncompliance or Building Disposition.

HUD’s Office of Policy Development & Research is soliciting abstracts for presentations at the 2nd Annual American Housing Survey User Conference, scheduled for the Spring of 2012. Interested scholars and professionals are invited to submit research papers that apply the special features of the AHS datasets to issues of current interest.