General News

General News

2024 America’s Report Housing Report Finds over Half of All Rental Households are Cost-Burdened

The Joint Center for Housing Studies of Harvard University published its annual America’s Rental Housing report.

General News

19 Housing Organizations Ask Bank Regulators to Lower Risk Rating for LIHTC Properties

NH&RA joined a letter to the three bank regulators (Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation and Board of Governors of the Federal Reserve System) urging a lower risk for LIHTC properties under the capital rule amendments applicable to large banking organizations and banking organizations with significant trading activity, or Basel III Endgame.

Apply for Novogradac Journal of Tax Credits Historic Rehabilitation Award by March 1

The Novogradac Journal of Tax Credits Historic Rehabilitation Awards honor outstanding achievements in the rehabilitation of historic properties by recognizing development teams for excellence in the creative use of the Historic Tax Credit.

QAP Kentucky

Kentucky Schedules Virtual Developer Forum

Kentucky Housing Corporation (KHC) will host a second virtual developer forum from 2 to 4 p.m. ET on Tuesday, January 30 to solicit feedback for the development of the 2025-2026 Qualified Allocation Plan and scoring criteria.

Florida

Florida Board of Directors Meeting – March 26

The Florida Housing Finance Corporation (FHFC) Board of Directors meeting is scheduled for March 26.

Iowa

Iowa Provides Tax Credit Application Tips 

The Iowa Finance Authority’s (IFA) Housing Tax Credit team has developed a series of helpful application tips to make the application process as seamless as possible for partners.

New Hampshire

New Hampshire Introduces H.B. 1470 to Review State LIHTC 

New Hampshire’s House of Representatives introduced H.B. 1470, which would establish a committee to study the feasibility of a State LIHTC, which the state currently does not utilize.

Connecticut

Comments on Connecticut’s Housing Environmental Improvement Revolving Loan Fund Due Jan. 31 

The Connecticut Public Act 23-205 established the Housing Environmental Improvement Revolving Loan Fund (RLF).

Virginia

Virginia Extends Application Round Deadline to Jan. 11 

Virginia Housing announced that the deadline to submit the Locality Notification Information (LNI) form for the January 4 percent application round is extended to January 11 at 12 p.m. ET.

Federal Housing Finance Agency

FHFA Report Summarizes RFI Responses to Resident-Centered Practices  

The Federal Housing Finance Agency (FHFA) released a summary of responses received to their May 30, 2023, Request for Input (RFI) on resident-centered practices at multifamily properties backed by Fannie Mae and Freddie Mac.

Kentucky

Kentucky Publishes Policy Document for CDBG-DR

The Kentucky Housing Corporation (KHC) Department for Local Government (DLG) published the application and policy document for the 2021 Community Development Block Grant Disaster Recovery (CDBG-DR) program for multifamily new construction activities.

Minnesota

Minnesota Announces Availability of $41 Million in Bond Proceeds

Minnesota Housing announced the availability of up to $41 million in General Obligation (GO) bond proceeds to help finance public housing rehabilitation costs.

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