General News

New York State Homes and Community Renewal (HCR) Commissioner Darryl Towns recently notified New Yorkers that protections will continue for tenants in rent regulated housing while the state legislature negotiates, despite the expiration of the state’s rent protection law on June 24, 2011.

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is soliciting comments regarding the design, implementation, and administration of the CDFI Bond Guarantee Program.

NH&RA is pleased to announce that we have added another recreational activity in conjunction with our upcoming 2011 Summer Institute (July 20-24 in Edgartown, MA) ““ our 2011 Summer Golf Outing.

The Nevada Housing Division now requires all LIHTC properties (including TCAP / 1602) to refer to the NOVOCO web site and utilize their income and rent calculator.

U.S. Energy Secretary Steven Chu recently announced a partnership with The Appraisal Foundation that will help expand access to energy efficiency and building performance information for commercial buildings.

The Community Development Financial Institutions (CDFI) Fund has released the electronic application for the 2011 round of the New Markets Tax Credit (NMTC) program, which applicants can access through their myCDFIFund accounts.

Governor Andrew M. Cuomo recently announced passage of the greatest expansion of New York rent regulations in 40 years.

The California Tax Credit Allocation Committee recently released new guidance for first round applicants who are re-applying in the second round for 2011 low-income housing tax credits, as well as additional guidance for all second round applicants.

The U.S. Department of Housing and Urban Development today released a study entitled, “Capital Needs in the Public Housing Program” that finds the nation’s 1.2 million public housing units need an estimated $25.6 billion for large scale repairs.

The U.S. Department of Housing and Urban Development is soliciting comments from the public to provide HUD information regarding the Sustainable Communities Regional Planning Grant Program NOFA applications. Comments are due by July 25, 2011.

The Louisiana Housing Finance Agency has published seven “Frequently Asked Questions” regarding the 2011-2012 per capita tax credits funding round.

HUD is seeking comments on alternative survey methodologies to collect gross rent data for specific areas in a relatively fast and accurate way that may be used to estimate and update Section 8 Fair Market Rents (FMRs) in areas where FMRs are believed to be incorrect and data from the American Community Survey is not available at the local level.