General News

We are pleased to announce that we will be returning to Chicago for this years Affordable Housing Underwriting Forum & NCAHMA Annual Meeting. We will be convening November 9-10 at the Doubletree Hotel Chicago Magnificent Mile. If you are a market analyst, appraiser, debt or equity underwriter or developer, join your colleagues to discuss critical underwriting and market study developments in affordable housing.

HUD is seeking comments Multifamily Housing Mortgage and Housing Assistance Restructuring Program (Mark to Market) information reporting.

HUD is seeking comments on its Previous Participation Certification form. The notice observes that the collection of this information aids in protecting HUD’s Multifamily Housing Programs by comprehensively assessing industry participants.

HUD has published notice of all regulatory waivers that HUD has approved for the period April 1, 2009 and ending on June 30, 2009.

The Obama Administration recently continued naming individuals who will serve as State Director for Rural Development at the USDA.

The Brookings Institute recently published its second edition of MetroMonitor, a quarterly series of reports that examines the impact of the economic recession and recovery efforts in the nation’s 100 most populated metropolitan areas.

The Louisiana Housing Finance Agency (LHFA) will hold a public meeting on September 23 in Baton Rouge to receive comments on the agency’s proposed amendment to the State’s 2007/08 GO Zone Qualified Allocation Plan.

Alabama Housing Finance Authority (AHFA) will conduct a public hearing concerning the modifications to the 2010 HOME Investment Partnerships Program Action Plan and the Low-Income Housing Tax Credit Allocation Plan for the distribution of HOME funds and Housing Credits in exchange for the new construction and substantial rehabilitation of low-income projects and for the monitoring of HOME funds and Housing Credits for all projects.

NH&RA is pleased to announce that we have created a LinkedIn Group for our members. LinkedIn is a business-oriented social networking site that allows its users to stay connected with colleagues and professional contacts.

The California Tax Credit Allocation Committee recently announced that it will hold two loan workshops for recipients of American Recovery and Reinvestment Act (ARRA) funds.

The U.S. Department of Agriculture’s (USDA) Rural Housing Service has announced the implementation of a $10 million demonstration program under its Section 538 Guaranteed Rural Rental Housing Program to test the viability of the concept of providing a continuous loan note guarantee through the construction and permanent loan phases of a project.

The New York State Senate is considering legislation related to conveyances involving real property financed with federal low-income housing tax credits.