General News

President Obama has nominated David Stevens to be the Assistant Secretary for Housing and Federal Housing Administration (FHA) Commissioner at the U.S. Department of Housing and Urban Development.

The Iowa State Senate has approved Senate File 481, which provides a major expansion of the state’s historic preservation tax credit program.

President Barack Obama has announced his intent to nominate Mercedes Márquez as Assistant Secretary for Community Planning and Development at the U.S. Department of Housing and Urban Development.

The Senate Banking, Housing and Urban Affairs Committee (Chairman Dodd, D-Conn.) has scheduled a confirmation hearing for April 23 on pending nominations to Administrative positions.

The California Tax Credit Allocation Committee (TCAC) yesterday (April 16) issued a memo in response to public comments received on its proposed regulation changes related to the American Recovery and Reinvestment Act (ARRA). TCAC has considered all the comments and has finalized its recommendations to the Committee for adoption on April 30, 2009.

The National Low-Income Housing Coalition has published its annual “Out of Reach” report, which provides a side-by-side comparison of wages and rents in every county, Metropolitan Area, combined nonmetropolitan area and state in the United States.

Today the Ohio Housing Finance Agency Board approved the final draft of the implementation plan for the new programs provided by the American Recovery and Reinvestment Act (ARRA).

On April 13, 2009, Brian Montgomery, Assistant Secretary for Housing ““ Federal Housing Commissioner, authorized the release of a new set of page changes to the Section 8 Renewal Policy Guide.

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) will conduct a series of conference calls regarding certification of community development financial institutions (CDFIs).

A coalition of six housing industry groups has submitted a letter to the U.S. Treasury Department requesting guidance on the low-income housing tax credit exchange initiative established by the American Recovery and Reinvestment Act.

Conducted by HUD’s Office of Policy Development and Research, Multifamily Property Managers’ Satisfaction with Service Coordination explores property managers’ satisfaction with supportive services provided to 348,000 low-income elderly and non-elderly persons with disabilities.

The U.S. Department of Housing and Urban Development has updated the FY 2009 Fair Market Rents to be used for FMRs for New Orleans, LA and Pearl River, MS for the Housing Choice Voucher Program and the Moderate Rehabilitation Single Room Occupancy Program.