General News

The U.S. House of Representatives has approved a full-year continuing resolution last week to fund the federal government through the remainder of FY 2011, which ends September 30, 2011.

New Jersey’s State Assembly narrowly approved legislation that would modify the state’s affordable housing regulations by abolishing the state Council on Affordable Housing (COAH), and eliminating a 2.5 percent fee on commercial development to help pay for affordable housing.

The U.S. Census Bureau has released 5-year American Community Survey (ACS) estimates. The release makes available social, economic, housing, and demographic statistics for every community in the nation and “represents the first time such a massive compilation of data estimates for small geographic areas is available.”

The U.S. Census Bureau has released 5-year American Community Survey (ACS) estimates. The release makes available social, economic, housing and demographic statistics for every community in the nation and “represents the first time such a massive compilation of data estimates for small geographic areas is available.”

Both houses of Congress and the White House are reportedly considering varying forms of legislation that could, among other things, extend expiring tax credits provisions.

The Illinois Housing Development Authority (IHDA) has released a draft version of its updated Qualified Allocation Plan (QAP) for the 2011 Low-Income Housing Tax Credit Program.

HUD has issued a notice announcing the availability on its Web of a draft notice updating HUD’s guidance for the Section 202 Supportive Housing for the Elderly and Section 811 Supportive Housing for Persons with Disabilities Programs.

The White House has announced that the framework agreement announced by President Obama on extending the “2001/2003 Bush Tax Cuts” for an additional two years will also secure a number of expiring business tax credits.

The Puerto Rico Housing Finance Authority has released a draft version of its 2011 Qualified Allocation Plan for administering the territory’s low-income housing tax credit program.

National Housing & Rehabilitation Association instituted our Annual Vision Awards in 2004 to honor affordable housing and community development leaders for their invaluable contributions and years of dedications to providing affordable apartments to American families.
This year NH&RA is pleased to present our 2010 Vision Awards to:

* Tina Brooks, Massachusetts Executive Office of the Governor

* Howard Cohen, Beacon Communities

* Ed Fish, EA Fish Companies, In Memoriam

A recent post by the Center on Budget and Policy Priorities reports on the impact of proposed funding cuts to the Section 8 program.

New York State Homes and Community Renewal (HCR) has released a new report entitled “A Performance Report of New York State’s Low Income Housing Tax Credit Portfolio.”