General News

The Washington State Housing Finance Commission recently released a draft of its proposed changes to the 2012 tax credit program policies.

The Minnesota Housing Finance Agency recently published the state’s FY 2012-2013 housing budget proposal summary.

Maryland Department of Housing and Community Development (DHCD) Secretary Raymond A. Skinner announced today the department’s Be SMART (Save Money and Resources Today) initiative, which is primarily a loan program to finance energy efficiency improvements to homes, businesses and multifamily buildings in more than a dozen targeted communities around the state. The $20 million in funding comes from the BetterBuildings program of the U.S. Department of Energy.

The DC Department of Housing and Community Development (DHCD) recently issued a notice that announces registration for a lottery of affordable housing units under the Inclusionary Zoning Program shall be open from Friday, May 27 through Friday, June 10, 2011.

HUD’s Office of Public and Indian Housing recently issued a notice that extends the Administrative Guidance for Effective and Mandated Use of the Enterprise Income Verification (EIV) System (PIH-2010-19(HA)) for another year until May 31, 2012.

The Internal Revenue Service (IRS) has published a notice inviting comments concerning existing final regulation, T.D. 9171, New Markets Tax Credits.

The California Tax Credit Allocation Committee (CTCAC) has issued a new memorandum a new scheduled Committee meeting date (June 22) to announce awards, and provides additional clarifying guidance for prospective second round applicants.

The Oregon Legislature has introduce a measure, HB 2527, that would extend the extend the sunset on the Oregon Affordable Housing Tax Credit.

The National Park Service (NPS) is amending its procedures for obtaining historic preservation certifications for rehabilitation of historic structures. Individuals and corporations must obtain these certifications to be eligible for tax credits from the Internal Revenue Service (IRS).

The AARP has issued a new report that shows growth of multigenerational households has accelerated during the economic downturn.

Nevada’s Housing Division recently announced that it will host an upcoming workshop entitled, “Affordable Housing Preservation: Preserving LIHTC Projects in Nevada on June 9 in Las Vegas.

The U.S. Department of Housing and Urban Development (HUD) is seeking comments regarding surveys to provide HUD with a way to estimate Section 8 Fair Market Rents (FMRs) in areas not covered by the American Community Survey annual reports and in areas where FMRs are believed to be incorrect.