General News
NCAHMA Surveys Membership on Activities
NCAHMA recently completed a survey of its membership to collect information on members’ market study and appraisal activities and services. Specifically, the survey identified the number of market analysts employed by respondents, and the states in which analysts actively prepare market studies for affordable housing projects.
NCAHMA Hosts Training for California Agency
The National Council of Affordable Housing Market Analysts (NCAHMA) recently hosted a training seminar on January 12 in Sacramento for staff members of the California Tax Credit Allocation Committee and California Debt Limit Allocation Committee.
NH&RA’s Historic Council to Participate in Conferences
NH&RA’s Historic Preservation Development Council (HPDC) will convene on Saturday, March 14 during the 2010 Affordable Housing Conference & Annual Meeting.
CDFI Director Grambrell to Speak at NMTC Symposium
Community Development Financial Institutions (CDFI) Fund Director Donna Gambrell will deliver the keynote address at the NH&RA New Markets Tax Credit Symposium on March 10, 2010 at the Ritz-Carlton Hotel in South Beach, Miami.
NMTC Council Prioritizes 2010 Agenda
NH&RA’s New Markets Tax Credit Council recently identified priorities and formulated its agenda of activities for 2010. Principal among them, the Council will continue to push for a multi-year extension of the NMTC Program.
White House FY 2011 Budget Calls for Funding Reductions at HUD
On February 1, the White House unveiled a proposed federal budget for Fiscal Year 2011 that calls for overall funding cuts at numerous federal agencies, including at the U.S. Department of Housing and Urban Development (HUD). Fiscal Year 2011 begins October 1st.
Donovan Announces HUD Directors for Southeast, Mountain, Northwest Regions
U.S. Housing and Urban Development Secretary Shaun Donovan has announced three new Regional HUD Directors, for the Southeast, Mountain, and Northwest Regions.
HUD Selects New Participants in Moving to Work Program
U.S. Department of Housing and Urban Development (HUD) Assistant Secretary Sandra B. Henriquez has announced an additional three public housing agencies (PHA) that have been chosen to participate in HUD’s Moving To Work (MTW) program.
Florida Agency Launches Green Building Website
The Florida Housing Finance Corporation recently launched a new web site to encourage green building practices in affordable housing across the state of Florida.
California Updates Proposed 2010 LIHTC Regulation Changes
The California Tax Credit Allocation Committee (CTCAC) has released a memo updating its proposed regulation changes for the 2010 low-income housing tax credit allocation process.
Rural Housing Service Proposes Construction-Permanent Loan Guarantee
The Rural Housing Service has issued a proposed rule that would modify federal regulations under the Section 538 Guaranteed Rural Rental Housing Program to offer guarantees on construction and permanent loans, defined by the rule as “a loan which provides advances during the construction period and remains in place as a permanent loan at the completion of construction.”
HUD Publishes Report to Congress on Root Causes of Foreclosure Crisis
The U.S. Department of Housing and Urban Development’s (HUD) Office of Policy Development and Research has released a report entitled, “Report to Congress on the Root Causes of the Foreclosure Crisis.”