General News

QAP Texas

Texas Hosts 2022 QAP Roundtable Sept. 20; Draft 2022 QAP Comments Due Oct. 8

TDHCA to host in-person roundtable to discuss the Supplemental Allocation process as reflected in the Draft 2022 QAP.

QAP Texas

Texas Amends Multifamily Direct Loan NOFAS

The Texas Department of Housing and Community Affairs (TDHCA) posted first amendment to the 2021-3 Multifamily Direct Loan annual Notice of Funding Availability (NOFA) and a third amendment to the 2021-1 Multifamily Direct Loan NOFA. 

QAP Virginia

Virginia 2022 TEB Deadlines

Virginia Housing established a schedule of application deadlines for five potential tax-exempt bond (TEB) issues for the 2022 calendar year.

QAP Virginia

Virginia Updates Mixed-Income, Mixed-Use Underwriting Guidelines

Virginia Housing updated its Mixed-Income, Mixed-Use/Mixed-Income (MI/MUMI) program underwriting policies with new minimum loan sizing metrics to be applied based on total loan size.  

Federal Housing Finance Agency

Fannie, Freddie Each Increase LIHTC Investment by $350 Million; FHA Risk-Share Programs Resume

Last week, the White House released a sweeping set of actions the Biden-Harris administration is taking to increase the supply of affordable housing.

New York

New York State Modifies, Extends Eviction Moratorium through Jan. 15, 2022

New York Gov. Kathy Hochul (D) convened a special session of the New York state legislature, which then voted to extend the eviction moratorium until Jan. 15, 2022 and implement certain changes to the moratorium to address two recent Supreme Court decisions that blocked portions of the State’s moratorium and the larger Federal moratorium. 

Maryland

Maryland Public Service Commission Unanimously Approves Expansion of Community Solar Program Capacity

The Maryland Public Service Commission unanimously voted to expand the capacity of the state’s community solar program, as well as improve access for low- and moderate-income customer participation in the state’s Community Solar Pilot Program.

Member News

NH&RA Members Among CDFI NMTC Awardees

The U.S. Department of the Treasury’s Community Development Financial Institution Fund (CDFI) announced $5 billion in New Market Tax Credits.

QAP South Dakota

Mark Lausneg Retires from South Dakota

The staff and board members of South Dakota Housing invite you to celebrate the retirement of Mark Lauseng from South Dakota Housing and his 34 years of service.

Washington

Court Dismisses Case Against Washington State Housing Finance Commission

Last week, the U.S. District Court for the Western District of Washington dismissed a case filed against the Washington State Housing Finance Commission (Commission) from Alden Torch Financial via AMTAX Holdings.

NH&RA News

SCOTUS Nullifies CDC’s Eviction Moratorium

On August 26, The Supreme Court of the U.S. (SCOTUS) struck down the Biden administration’s latest eviction moratorium in Alabama Association of Realtors, et al. v. Department of Health and Human Services, et al. The Centers for Disease Control and Prevention (CDC) issued a new eviction moratorium on August 3, just three days after the […]

NH&RA News

RAD and Its Current and Projected Consumption of LIHTCs

In a new CityScape article, Alex Schwartz of the New School and Kirk McClure of the University of Kansas explore how the RAD program can “consume” LIHTCs.

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