General News

The U.S. Treasury Inspector General for Tax Administration (TIGTA) recently published a report entitled, “Observations About Annual Dollar Limits for American Recovery and Reinvestment Act of 2009 Bonds.”

Vermont Housing Finance Agency has reported on its blog that a new federal report shows Vermont is the top state, per capita, for its use of Federal Historic Tax Credits to rehabilitate historic buildings.

On January 28, 2010 Kentucky Housing Corporation (KHC) will host a non-mandatory developer’s forum to meet with partners and discuss the 2010 open window funding round.

Kentucky Housing Corporation has published its final 2010 Qualified Allocation Plan (QAP) and Rental Production Guidelines.

Colorado Housing and Finance Authority has presented its final draft of the 2010 Qualified Allocation Plan that has been sent to the Governor for final approval.

Governor David A. Paterson has appointed Brian Lawlor to serve as Acting Commissioner of the Division of Housing and Community Renewal.

HUD has published a new working paper entitled “U.S. Rental Housing Characteristics: Supply, Vacancy, and Affordability.” The paper reports these findings as part of its overview of the current rental housing market dynamics, in relation to supply, local conditions, the national assisted rental housing stock, and both need and demand for affordable rental housing.

The U.S. Department of Housing and Urban Development’s (HUD) Office of Policy Development and Research has released a comprehensive housing market analysis report for the Tulsa, Oklahoma market region.

The U.S. Department of Treasury, in partnership with Department of Housing and Urban Development (HUD), and the Federal Housing Finance Agency (FHFA) has announced the purchase $13.9 billion in housing bonds from 50 of its state Housing Finance Agency (HFA) members under the Obama Administration’s HFA Initiative.  The initiative was unveiled October 19.  In addition to a single-family component, the HFA Initiative will make affordable financing available to provide affordable multifamily loans that will help keep rents affordable for tens of thousands of renters.

The City of San Jose (California) has approved an ordinance requiring future housing development throughout the city to include a number of units affordable to low-income households.

U.S. Housing and Urban Development (HUD) announced that nearly 200 apartment units in New York City will become more energy efficient as the result of $3.6 million in funding being awarded today to Jonathan Rose Companies, a New York-based property owner and developer.

The Nebraska Investment Finance Authority (NIFA) recently released a draft of its 2010 Profile of Nebraska Demographics, Economics and Housing study public review.