General News
Michigan Announces Multifamily Weatherization Assistance Program Fund
MCAAA and CLEAResult are happy to announce that applications are now being accepted for the Michigan Multi-Family Weatherization Assistance Program (WAP). The weatherization program is federally funded by the Department of Energy through the Michigan Department of Human Services.
Webinar: Using Local Market Data to Support Neighborhood Stabilization
Enterprise is hosting a webinar on Thursday, February 10, 2011 from 12:30 PM to 2:00 PM (Eastern) called “Using Local Market Data to Support Neighborhood Stabilization.”
AHTCC Seeks Entries Announces 2011 Edson Awards
The Affordable Housing Tax Credit Coalition (AHTCC) is accepting entries for the 17th Annual Charles L. Edson Tax Credit Excellence Awards program.
HUD Market Analysis for Atlantic City-Hammonton, NJ
HUD’s Economic and Market Analysis Division has released a Comprehensive Housing Market Analysis for the Atlantic City-Hammonton, New Jersey market area.
Montana Schedules QAP Session
The Montana Board of Housing has scheduled a QAP information input and update session for May 10-11, 2011 in Livingston.
Kentucky Issues Updated Funding Round Information
Kentucky Housing Corporation (KHC) has developed an underwriting model review checklist to assist developers with completing the underwriting model and to minimize errors.
HUD Issues Policies and Procedures for the Conversion of Efficiency Units to One-Bedroom Units
This Housing Notice (11-03) sets forth the Department’s policies for Owners seeking to convert efficiency units to one-bedroom units in certain types of HUD-assisted and/or insured housing.
LISC Issues Report on Building Sustainable Communities
The Local Initiatives Support Corporation (LISC) has issued a new report that evaluates its Building Sustainable Communities approach to comprehensive community development.
Budget Preview: CDBG Program to Be Cut
President Obama is slated to release his FY-2012 Budget on February 14; however, news of budget priorities is beginning to be released. Last week the White House announced that the budget would fully fund the New Markets Tax Credit program at $5 billion.
Bill Introduced to Extend GO Zone Credit
On January 25, Senator Mary Landrieu (D-La.) introduced a bill (S. 30) to extend by one year the placed-in-service date for low-income housing tax credit rules applicable to Gulf Opportunity (GO) Zone properties.
Arizona Releases Utility Allowance Guidelines
The Arizona Department of Housing recently released its final utility allowance guidelines for low-income housing tax credit (LIHTC) properties.
Governor Cuomo Proposes Housing Budget Cuts
New York Gov. Andrew Cuomo recently revealed his 2011-2012 Executive Budget proposal that includes approximately $308 million for the Division of Housing and Community Renewal, a figure that represents a nearly $157 million reduction from last year’s budget.