General News
Oregon Bill Would Increase Cap on State Housing Tax Credit
A bill (SB 199) has been introduced in the Oregon state legislature that would increase by $4 million the cap on the amount of Oregon Affordable Housing Tax Credits that may be outstanding in any fiscal year, from $17 million to $21 million.
California Postpones 2009 LIHTC First-Round Application Deadline
The California Tax Credit Allocation Committee (CTCAC) has postponed from April 6 its first-round application deadline for its low-income housing tax credit program, as well as associated application workshops.
HUD, FEMA Announce Transitional Rental Assistance for Disaster Victims
The U.S. Department of Housing and Urban Development (HUD) and the Federal Emergency Management Agency (FEMA) recently announced a transition rental assistance program for families currently enrolled in the Disaster Housing Assistance Program (DHAP-Katrina/Rita).
Georgia, Alaska Solicits Requests for Neighborhood Stabilization Plans
The Georgia Department of Community Affairs (DCA) has issued a Request for Proposals to solicit requests for $19.6 million in Neighborhood Stabilization Program funds.
HUD Issues Comprehensive Market Analysis for Fort Lauderdale Area
The U.S. Department of Housing and Urban Development has issue a new comprehensive housing market analysis report for Fort Lauderdale-Pompano Beach-Deerfield Beach, FL.
White House Names Urban Affairs Director
President Obama has named Bronx Borough President Adolfo Carrión Jr. to direct the new White House Office of Urban Affairs. He will be the Administration’s point person to coordinate urban policy areas, including urban development, education, health care, and public safety.
Illinois Soliciting Applications for LIHTCs for Disaster Counties
The Illinois Housing Development Authority is soliciting applications for roughly $9.7 million in low-income housing tax credits for projects available only for projects in 18 designated disaster counties within the state. Applications must be submitted on April 6.
Ohio Issue Draft 2009 Guidelines for Loan Program
The Ohio Housing Finance Agency (OHFA) has released draft guidelines for 2009 for its Housing Development Loan Program.
Ohio Agency Amends Gap Financing Guidelines for LIHTC Projects
The Ohio Housing Finance Agency has announced newly approved amendments to the gap financing guidelines under its Housing Development Assistance Program (HDAP).
New York Releases New Regional Housing Needs Studies
The New York State Division of Housing and Community Renewal has released three new studies reporting on current housing needs in three regions. The studies are on the Mohawk Region, Central Region, and Tier Region.
Pennsylvania Issues Statement on Adjustments, Waivers to 2009 QAP
The Pennsylvania Housing Finance Agency (PHFA) is taking steps to assist in providing maximum flexibility and responsiveness to developers seeking 2009 low-income housing tax credits.
ACHP Meeting Will Provide Update on Implementation of Preserve America Summit Recommendations
The Advisory Council on Historic Preservation (ACHP) will hold a meeting on February 20 in Washington, DC to provide an update on Preserve America Program Summit Implementation and on transition activities.